Contents:

CARDIAC DEFIBRILLATORS A GLOBAL STRATEGIC BUSINESS REPORT CONTENTS I-A. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS Study Reliability and Reporting Limitations I-1 Disclaimers I-2 Data Interpretation & Reporting Level I-2 Quantitative Techniques & Analytics I-3 Product Definitions and Scope of Study I-3 Implantable/Internal Cardiac Defibrillators I-3 External Cardiac Defibrillators I-3 I-B. GENERAL OVERVIEW OF MEDICAL DEVICES AND DIAGNOSTICS INDUSTRY II. 1. Global Market Overview II-1 Cardio Vascular Disease, A Major Cause of Death II-1 Market Analysis by Segment II-1 Internal/Implantable Cardiac Defibrillators II-1 External Cardiac Defibrillators II-1 2. Major Players A Comparative Analysis II-3 Medtronic, Inc. II-3 Boston Scientific Corporation (Guidant) II-3 St. Jude Medical, Inc. II-4 Table 1: Worldwide Defibrillators Market for 2005(e): Percentage Breakdown of Value Sales by manufacturer - Medtronic Emergency Response Systems, Guidant Corp, St Jude Medical and Others (includes corresponding Graph/Chart) II-4 3. Market Dynamics II-5 Reality Check II-5 Technological Advancements of Critical Importance II-5 Cardiac Resynchronization Therapy II-6 Implantable Defibrillators and Pacemakers Markets: The Convergence II-6 4. A Peek into Cardiology II-7 A Review of Cardiac Circulation and Conduction II-7 What is Cardiac Arrest/Heart Attack? II-7 Cardiac Arrest II-7 Major Causes II-7 Heart Attack II-7 Insufficient Oxygen A Major Cause II-8 Cardiac Rhythm Disorders (Arrhythmias) II-8 Cardiac Rhythm Management (Treatment of Arrhythmias) II-8 Types of Disorders II-9 Atrial Fibrillation II-9 Table 2: Rate of Occurrence of Atrial Fibrillation by Type (includes corresponding Graph/Chart) II-10 Treatment of Atrial Fibrillation II-10 Devices for AF Treatment II-10 Palliative Therapies II-11 Curative Therapies II-11 Approaches to Atrial Fibrillation Therapy II-11 Ventricular Arrhythmias II-11 5. Product Overview II-13 Definition II-13 History II-13 Types of Defibrillators II-13 Internal/Implantable Defibrillators II-13 External Defibrillators II-14 AEDs Convenient and User-Friendly II-14 Cost-effective New-Generation Models II-14 Developing Countries Potential Markets II-15 Used Under the Following Conditions: II-15 Direct Surgical Defibrillation II-15 Cardioversion II-15 Emergency Defibrillation II-15 6. Global Implantable Cardiac Defibrillators Market A Review II-16 Outlook II-16 2005 ICD Highlights II-16 Leading Players in the ICD Market II-16 Table 3: Worldwide Internal/Implantable Defibrillators Market (2005e): Percentage Breakdown of Volume Sales by Competitor Medtronic Emergency Response Systems, Guidant, St Jude Medical and Others (includes corresponding Graph/Chart) II-17 Table 4: Worldwide Conventional Internal/Implantable Defibrillators Market (2005e): Percentage Breakdown of Value Sales by Competitor Medtronic, Guidant, St Jude Medical and Others (includes corresponding Graph/Chart) II-17 Table 5: Worldwide Advanced Cardiac Resynchronization Therapy (CRT) Device Market (2005e): Percentage Breakdown of Value Sales by Competitor Medtronic, Guidant, St Jude Medical and Others (includes corresponding Graph/Chart) II-17 Technological Developments II-18 A Favorable Changeover II-18 Transition from Shock-Only to Tiered Therapy II-18 Shift from Epicardial to Transvenous Leads II-18 Advent of Biphasic Waveform II-18 Electrogram Storage II-18 Active Can Technology II-18 Pectoral Implantation II-18 Outlook II-19 Growth Drivers II-19 Factors Facilitating Growth II-19 7. Global External Cardiac Defibrillators Market A Review II-20 Automated External Defibrillator (AED) II-20 Importance of AEDs II-20 Types of AEDs II-20 Automated Vs. Manual Defibrillators: A Comparison II-20 Public Access Defibrillator (PAD) Market: Gaining Popularity II-20 New Legislations Fueling Growth II-21 Factors Influencing the Market II-21 Leading AED Equipment Manufacturers II-21 International Scenario II-21 8. Product Launches II-23 External Defirbillator Devised by US-Based Individuals II-23 Medtronic Launches ICDs in Europe II-23 Medtronic’s Chronicle® ICD’s Clinical Trial Begins II-23 FDA Clears Cardiac Science’s Latest ‘Crash Card’ Defibrillator II-23 EpicTM II Defibrillators Receive European CE Mark II-24 Zoll Medical Comes Out with Latest EMS-Specific Defibrillator II-24 New Implantable Defibrillator Developed by British and US Inventors II-24 Cameron Health to Offer Improved ICD II-24 Zoll Medical to Launch E SeriesTM Defibrillator in Europe II-24 Biotronik Releases Lumos DR-T ICD II-24 ELA Medical Implants OVATIO CRT-D in Europe II-25 FDA Approves Philips Medical Systems’ Defibrillator II-25 Japanese Authorities Approve St. Jude’s RiataTM ICD Leads II-25 Philips Offers HeartStart OnSite Defibrillator for OTC Sale II-25 Biotronik Announces New Security Measures to Treat Life Threatening Tachycardia II-26 ZOLL Rolls Out New Line of AED II-26 Medtronic Launches New Defibrillator and Pacemaker in European Market II-26 Nihon-Kohden Unveils cardioLife TEC-5500 Series Defibrillators II-26 Medtronic Launches New Patient Data Transmission Product with Bluetooth® Technology II-27 St. Jude Medical Inc. Introduces New Atlas®+ HF Implantable Cardioverter Defibrillator (ICD) II-27 ZOLL Receives FDA Marketing Clearance II-27 Defibtech Primarily Launches Lifeline AEDs in the International Market II-27 Biotronik Introduces Lexos Implantable Cardioverter Defibrillators II-28 CSI Unveils New Powerheart® Defibrillators for Professional Markets II-28 Guidant Corporation Receives FDA’s Expanded Indication for CRT-D Line II-28 Guidant Corp.’s Advanced CRT-D Receives European Approval II-28 Medtronic Launches New InSync Sentry™ CRT Defibrillator in European Market II-29 FDA Approves Intrinsic™ Defibrillator of Medtronic II-29 Medtronic Gains Approval for Insync Maximo™ II-29 Philips Medical System Introduces Home Defibrillators II-29 Cardiac Science Unveils New Line of Defibrillators II-29 ELA Medical Introduces ALTO®2 II-29 Philips Launches HeartStart MRx II-30 ELA Medical Launches New Atrial Fibrillation Pacing System in Europe II-30 Medtronic LIFEPAK® 500 Defibrillator II-30 ELA Medical Launches New Range of Pacemakers in Europe II-30 ELA Medical Launches ELA Swift ™ Defibrillation Lead in Europe II-31 9. Recent Industry Activity II-32 Boston Scientific Acquires Guidant II-32 Zoll Medical Acquires Lifecor’s Assets II-32 Cardiac Science Corp. Integrates Operations at WI Site II-32 FRG and Welch Ink Distribution Agreement II-32 Cardiac Science to Supply Powerheart® AEDs to Hungarian Police II-32 CMS Pays for T-Wave Test II-32 St. Jude Medical Acquires Savacor II-33 St. Jude Medical Acquires Velocimed II-33 Cardiac Science and Quinton Merge II-33 Cardiac Science Extends Agreement with GE II-33 Cardiac Science Bags U.S. Military Contract II-33 Cardiac Science Grants Battery Contract to Saft II-33 Defibtech and AED Superstore Partner II-34 CMS Reimburses ICDs for Heart Patients II-34 Guidant Extends Alliance with GE Healthcare II-34 Philips to Foray into Asian Market for Home Defibrillators II-34 Guidant Recalls 50,000 Defibrillators II-34 Cardiac Science and GE Healthcare Markets Powerheart® AEDs in North America II-34 St. Jude Medical Acquires IBI II-35 St. Jude Medical Acquires Epicor II-35 ZOLL Grabs Supply Contract of Universal Health Services, Inc. II-35 St. Jude Medical Introduces New Remote Monitoring System II-35 Airgas Safety Promotes Cardiac Science AEDs and Training Services II-35 Medtronic Teams with Securitas to Promote AEDs in the US Businesses II-36 England’s Department of Health Opts Cardiac for AEDs Supply II-36 Quinton Cardiology Systems to Sell Cardiac Science’s Powerheart® AEDs II-36 Cardiac Science Partners with HNA to Sell Powerheart® AEDs II-36 Cardiac Science Deals with Chindex International to Market Powerheart® AEDs II-36 Fukuda Denshi Deals with Philips to Sell Defibrillators in Japan II-37 Welch Allyn Associates with Premedics Inc. to Market AEDs II-37 Cardiac Science and Concentra Enters into Distribution Agreement II-37 Medtronic Sells AEDs Online II-37 Johnson & Johnson Acquires Guidant Corp. II-37 Access Cardiosystems Retracts from AED Market II-38 Cardiac Science to Supply AED Equipment II-38 Cardiac Science in Contract with Major Pharmaceutical Firms II-38 ZOLL Contracts with Premier Inc II-38 ZOLL Acquires Revivant II-38 Guidant Receives US Approval for New ICDs II-39 Guidant and Medtronic Develops Advanced CRT Leads II-39 Welch Allyn Acquires Medical Research Laboratories II-39 Cardiac Science Acquires LifeTec II-39 ZOLL Medical and AED@Home Enter into Strategic Distribution Agreement II-39 Criticare Signs Agreement with CSI II-40 Cardiac Science Enters into Agreement with GE Medical Systems II-40 Cardiac Science Bags Major Orders from Three Government Agencies II-40 Japanese Government Approves Use of Automated External Defibrillators II-40 Smith & Wesson Holding Issues Exclusive Rights to Pride Business Development Group II-40 Cardiac Science Gets FDA Clearance to Market its Powerheart (R) G3 II-41 Philips and Hometown Connections Enter into Marketing Agreement II-41 Cardiac Science and Nihon Kohden in OEM Agreement II-41 Catholic Healthcare West Selects St. Jude Medical II-41 ZOLL Medical Corporation Obtains FDA Clearance to Market ZOLL AED Plus II-42 Cardiac Science Acquires Survivalink® II-42 Sanofi-Synthélabo Divests Stake in ELA Medical II-42 ELA Medicals New ICD and Pacemaker Programming Platform Gets US Pre-Market Approval II-42 10. Focus on Select Players II-43 Biotronik GmbH & Co. KG (Germany) II-43 Boston Scientific Corporation (USA) II-43 Cardiac Science Corporation (USA) II-43 GE Healthcare (UK) II-44 Philips Medical Systems (The Netherlands) II-44 Medtronic Emergency Response Systems (USA) II-44 Nihon Kohden Corporation (Japan) II-45 St. Jude Medical, Inc (USA) II-45 Zoll Medical Corporation (USA) II-45 11. Global Market Perspective II-47 Table 6: World Recent Past, Current & Future Analysis for Cardiac Defibrillators by Product Segment - Implantable/Internal Cardiac Defibrillators and External Cardiac Defibrillators Markets Independently Analyzed with Annual Sales Figures in Units for Years 2000 Through 2010 (includes corresponding Graph/Chart) II-47 Table 7: World Recent Past, Current & Future Analysis for Cardiac Defibrillators by Product Segment Implantable /Internal Cardiac Defibrillators and External Cardiac Defibrillators Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 Through 2010 (includes corresponding Graph/Chart) II-47 Table 8: World 10-Year Perspective for Cardiac Defibrillators by Product Segment Percentage Breakdown of Unit Sales for Implantable/Internal Cardiac Defibrillators and External Cardiac Defibrillators Markets for Years 2000, 2006 & 2010 II-48 Table 9: World 10-Year Perspective for Cardiac Defibrillators by Product Segment Percentage Breakdown of Dollar Sales for Implantable/Internal Cardiac Defibrillators and External Cardiac Defibrillators Markets for Years 2000, 2006 & 2010 II-48 Table 10: World Recent Past, Current & Future Analysis for Implantable/Internal Cardiac Defibrillators by Geographic Region US, and Rest of World Markets Independently Analyzed with Annual Sales Figures in Units for Years 2000 Through 2010 (includes corresponding Graph/Chart) II-49 Table 11: World Recent Past, Current & Future Analysis for Implantable/Internal Cardiac Defibrillators by Geographic Region US, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 Through 2010 (includes corresponding Graph/Chart) II-49 Table 12: World 10-Year Perspective for Implantable/Internal Cardiac Defibrillators by Geographic Region Percentage Breakdown of Unit Sales for US, and Rest of World Markets for Years 2000, 2006 & 2010 II-50 Table 13: World 10-Year Perspective for Implantable/Internal Cardiac Defibrillators by Geographic Region Percentage Breakdown of Dollar Sales for US, and Rest of World Markets for Years 2000, 2006 & 2010 II-50 Table 14: World Recent Past, Current & Future Analysis for External Cardiac Defibrillators by Geographic Region US, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets Independently Analyzed with Annual Sales Figures in Units for Years 2000 Through 2010 (includes corresponding Graph/Chart) II-51 Table 15: World Recent Past, Current & Future Analysis for External Cardiac Defibrillators by Geographic Region US, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 Through 2010 (includes corresponding Graph/Chart) II-51 Table 16: World 10-Year Perspective for External Cardiac Defibrillators by Geographic Region Percentage Breakdown of Unit Sales for US, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets for Years 2000, 2006 & 2010 (includes corresponding Graph/Chart) II-52 Table 17: World 10-Year Perspective for External Cardiac Defibrillators by Geographic Region Percentage Breakdown of Dollar Sales for US, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets for Years 2000, 2006 & 2010 (includes corresponding Graph/Chart) II-52 III. MARKET 1. The United States III-1 A. Market Analysis III-1 Outlook III-1 Table 18: US Portable Defibrillators Market (2002-2004): Percentage Breakdown of Value Sales by Company Medtronic, Cardiac Science, and Others (includes corresponding Graph/Chart) III-1 Table 19: US In-Hospital External Defibrillators Market (2002-2004): Percentage Breakdown of Value by Leading Players Medtronic, Zoll and Philips (includes corresponding Graph/Chart) III-2 Technology and Aging Population Drive Growth III-2 Cardiac Arrest -Time is the Essence III-2 External Defibrillators Market III-3 Cardiac Resuscitation Market III-3 Out-Of-Hospital Market III-3 Deployment of AEDs at Government Units III-3 A Categorization III-3 Advanced Life Support III-3 Basic Life Support III-4 Citizen/Public Access: A Nascent Market III-4 Attractive Growth on the Horizon III-4 BLS Market Poised to Grow III-4 The Hospital Market III-5 Hospitals The Largest Users III-5 Replacements to Fuel Growth III-5 Implantable Cardiac Defibrillators Market III-5 Impressive Performance in Future III-5 ICD Malfunction A Serious Concern III-6 Tachyarrhythmic Market: A Review III-6 Witnessing Impressive Growth III-6 Prices A Major Influence III-6 MADIT Study III-7 New Improved Products on the Roll III-7 Leading Players in the ICD Market III-7 Table 20: US Internal/Implantable Defibrillators Market (2004 & 2005(E)): Percentage Breakdown of Volume Sales by Company Medtronic, Guidant, St Jude Medical and Others (includes corresponding Graph/Chart) III-8 Table 21: US Internal/Implantable Defibrillators Market (2004 & 2005(E)): Percentage Breakdown of Value Sales by Company Medtronic, Guidant, St Jude Medical and Others (includes corresponding Graph/Chart) III-8 Market Challenges III-9 CMS Pays for T-Wave Test III-9 Technological Developments III-9 Technological Advancements Drive Growth III-9 Pectoral Implantation: A Breakthrough in Technology III-9 ICDs: Entry Barriers III-10 Product Launches III-10 Strategic Corporate Developments III-15 Focus on Key Players III-24 Angeion Corporation III-24 Boston Scientific Corporation III-25 Cardiac Science Corporation III-25 Medtronic Emergency Response Systems III-26 St. Jude Medical, Inc III-26 Zoll Medical Corporation III-26 B. Market Analytics III-27 Table 22: US Recent Past, Current & Future Market Analysis for Cardiac Defibrillators by Product Segment - Implantable/Internal Cardiac Defibrillators and External Cardiac Defibrillators with Annual Sales Figures in Units for Years 2000 Through 2010 (includes corresponding Graph/Chart) III-27 Table 23: US Recent Past, Current & Future Market Analysis for Cardiac Defibrillators by Product Segment- Implantable/Internal Cardiac Defibrillators and External Cardiac Defibrillators with Annual Sales Figures in US$ Million for Years 2000 Through 2010 (includes corresponding Graph/Chart) III-28 Table 24: US 10-Year Perspective for Cardiac Defibrillators by Product Segment Percentage Breakdown of Unit Sales for Implantable/Internal Cardiac Defibrillators and External Cardiac Defibrillators Markets for Years 2000, 2006 & 2010 III-28 Table 25: US 10-Year Perspective for Cardiac Defibrillators by Product Segment Percentage Breakdown of Dollar Sales for Implantable/Internal Cardiac Defibrillators and External Cardiac Defibrillators Markets for Years 2000, 2006 & 2010 III-28 2. Japan III-29 A. Market Analysis III-29 Outlook III-29 Implantable/Internal Cardiac Defibrillators An Underpenetrated Market III-29 Table 26: Japanese Recent Past and Current Analysis for Implantable/Internal Cardiac Defibrillators Analyzed with Annual Sales Figures in Thousand Units for Years 2000 Through 2005 (includes corresponding Graph/Chart) III-29 Product Launches III-30 Strategic Corporate Developments III-30 Focus on Key Players III-31 Nihon Kohden Corporation III-31 B. Market Analytics III-31 Table 27: Japanese Recent Past, Current & Future Market Analysis for External Cardiac Defibrillators with Annual Sales Figures in Units for Years 2000 Through 2010 (includes corresponding Graph/Chart) III-31 Table 28: Japanese Recent Past, Current & Future Market Analysis for External Cardiac Defibrillators with Annual Sales Figures in US$ Million for Years 2000 Through 2010 (includes corresponding Graph/Chart) III-32 3. Europe III-33 A. Market Analysis III-33 Outlook III-33 A Peek Into Eastern & Western European AED Market III-33 Product Launches III-34 Strategic Corporate Developments III-36 Focus on Key Players III-37 GE Healthcare (UK) III-37 Philips Medical Systems (The Netherlands) III-37 B. Market Analytics III-38 Table 29: European Recent Past, Current & Future Market Analysis for External Cardiac Defibrillators by Geographic Region France, Germany, UK, Italy and Rest of Europe with Annual Sales Figures in Units for Years 2000 Through 2010 (includes corresponding Graph/Chart) III-38 Table 30: European Recent Past, Current & Future Market Analysis for External Cardiac Defibrillators by Geographic Region France, Germany, UK, Italy and Rest of Europe with Annual Sales Figures in US$ Million for Years 2000 Through 2010 (includes corresponding Graph/Chart) III-38 Table 31: European 10-Year Perspective for External Cardiac Defibrillators by Geographic Region Percentage Breakdown of Unit Sales for France, Germany, UK, Italy and Rest of Europe Markets for Years 2000, 2006 & 2010 (includes corresponding Graph/Chart) III-39 Table 32: European 10-Year Perspective for External Cardiac Defibrillators by Geographic Region Percentage Breakdown of Dollar Sales for France, Germany, UK, Italy and Rest of Europe Markets for Years 2000, 006 & 2010 (includes corresponding Graph/Chart) III-39 3a. France III-40 A. Market Analysis III-40 B. Market Analytics III-40 Table 33: French Recent Past, Current & Future Market Analysis for External Cardiac Defibrillators with Annual Sales Figures in Units for Years 2000 Through 2010 (includes corresponding Graph/Chart) III-40 Table 34: French Recent Past, Current & Future Market Analysis for External Cardiac Defibrillators with Annual Sales Figures in US$ Million for Years 2000 Through 2010 (includes corresponding Graph/Chart) III-41 3b. Germany III-42 A. Market Analysis III-42 Product Launches III-42 Biotronik GmbH & Co A Key Player III-43 B. Market Analytics III-43 Table 35: German Recent Past, Current & Future Market Analysis for External Cardiac Defibrillators with Annual Sales Figures in Units for Years 2000 Through 2010 (includes corresponding Graph/Chart) III-43 Table 36: German Recent Past, Current & Future Market Analysis for External Cardiac Defibrillators with Annual Sales Figures in US$ Million for Years 2000 Through 2010 (includes corresponding Graph/Chart) III-44 3c. The United Kingdom III-45 A. Market Analysis III-45 B. Market Analytics III-45 Table 37: UK Recent Past, Current & Future Market Analysis for External Cardiac Defibrillators with Annual Sales Figures in Units for Years 2000 Through 2010 (includes corresponding Graph/Chart) III-45 Table 38: UK Recent Past, Current & Future Market Analysis for External Cardiac Defibrillators with Annual Sales Figures in US$ Million for Years 2000 Through 2010 (includes corresponding Graph/Chart) III-46 3d. Italy III-47 A. Market Analysis III-47 Third Largest Market for Medical Equipment III-47 B. Market Analytics III-47 Table 39: Italian Recent Past, Current & Future Market Analysis for External Cardiac Defibrillators with Annual Sales Figures in Units for Years 2000 Through 2010 (includes corresponding Graph/Chart) III-47 Table 40: Italian Recent Past, Current & Future Market Analysis for External Cardiac Defibrillators with Annual Sales Figures in US$ Million for Years 2000 Through 2010 (includes corresponding Graph/Chart) III-48 3e. Rest of Europe III-49 A. Market Analysis III-49 B. Market Analytics III-49 Table 41: Rest of Europe Recent Past, Current & Future Market Analysis for External Cardiac Defibrillators with Annual Sales Figures in Units for Years 2000 Through 2010 (includes corresponding Graph/Chart) III-49 Table 42: Rest of Europe Recent Past, Current & Future Market Analysis for External Cardiac Defibrillators with Annual Sales Figures in US$ Million for Years 2000 Through 2010 (includes corresponding Graph/Chart) III-50 4. Asia-Pacific III-51 A. Market Analysis III-51 Outlook III-51 Significant Markets III-51 Australia III-51 A Significant Medical Device Market III-51 China III-51 Further Development Imperative III-51 Hong Kong III-51 Medical Care Market III-51 India III-52 Growing Impressively III-52 A Favorable Outlook III-53 Taiwanese Medical Device Market III-53 Import Scenario III-54 Strategic Corporate Development III-54 B. Market Analytics III-55 Table 43: Asia-Pacific (excl. Japan) Recent Past, Current & Future Market Analysis for External Cardiac Defibrillators with Annual Sales Figures in Units for Years 2000 Through 2010 (includes corresponding graph/chart) III-55 Table 44: Asia-Pacific (excl. Japan) Recent Past, Current & Future Market Analysis for External Cardiac Defibrillators with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding graph/chart) III-55 Table 45: Asia-Pacific (excl. Japan) Recent Past and Current Analysis for External Cardiac Defibrillators by Geographic Region India, Australia and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in Units for Years 2000 through 2005 (includes corresponding graph/chart) III-56 Table 46: Asia-Pacific (excl. Japan) Recent Past and Current Analysis for External Cardiac Defibrillators by Geographic Region Australia, India and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 Through 2005 (includes corresponding Graph/Chart) III-56 Table 47: Asia-Pacific (excl. Japan) Recent Past and Current Analysis for Implantable/ Internal Cardiac Defibrillators by Geographic Region India, Australia and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in Thousand Units for Years 2000 Through 2005 (includes corresponding Graph/Chart) III-57 5. Middle East & Africa III-58 A. Market Analysis III-58 Outlook III-58 B. Market Analytics III-58 Table 48: Middle East & Africa Recent Past, Current & Future Market Analysis for External Cardiac Defibrillators with Annual Sales Figures in Units for Years 2000 Through 2010 (includes corresponding Graph/Chart) III-58 Table 49: Middle East & Africa Recent Past, Current & Future Market Analysis for External Cardiac Defibrillators with Annual Sales Figures in US$ Million for Years 2000 Through 2010 (includes corresponding Graph/Chart) III-59 6. Latin America III-60 A. Market Analysis III-60 Outlook III-60 Significant Markets III-60 Argentina III-60 Medical Industry III-60 B. Market Analytics III-61 Table 50: Latin America Recent Past, Current & Future Market Analysis for External Cardiac Defibrillators with Annual Sales Figures in Units for Years 2000 Through 2010 (includes corresponding Graph/Chart) III-61 Table 51: Latin America Recent Past, Current & Future Market Analysis for External Cardiac Defibrillators with Annual Sales Figures in US$ Million for Years 2000 Through 2010 (includes corresponding Graph/Chart) III-61 IV. COMPETITION 1. Angeion Corporation (USA) IV-1 Table 52: Nine Months Sales Analysis: 2005-2006 (Nine Months Ended, July) (In US$ million) IV-1 Table 53: Nine Months Sales Analysis by Quarter: 2005-2006 (Nine Months Ended, July) (In US$ million) IV-2 Table 54: Nine Months Sales Analysis by Segment: 2005-2006 (Nine Months Ended, July) (In US$ million) IV-2 Table 55: Annual Sales Analysis: 2004-2005 (In US$ million) IV-2 Table 56: Annual Sales Analysis by Segment: 2004-2005 (In US$ million) IV-2 Table 57: Annual Sales Analysis by Geographic Region: 2004-2005 (In US$ million) IV-2 2. Biotronik GmbH & Co. (Germany) IV-6 3. Boston Scientific Corporation (USA) IV-9 Table 58: First Quarter Sales Analysis: 2005-2006 (In US$ billion) IV-11 Table 59: Annual Sales Analysis: 2004-2005 (In US$ billion) IV-11 Table 60: Annual Sales Analysis by Geographic Region: 2004-2005 (In US$ billion) IV-11 Table 61: Annual Sales Analysis by Segment: 2004-2005 (In US$ billion) IV-11 Table 62: Annual Sales Analysis by Quarter: 2004-2005 (In US$ billion) IV-12 Guidant Corporation (USA) IV-17 Table 63: Half Yearly Sales Analysis: 2004-2005 (H1) (In US$ million) IV-17 Table 64: Half Yearly Sales Analysis by Product Segment: 2004-2005 (H1) (In US$ million) IV-18 Table 65: Half Yearly Sales Analysis by Geographic Region: 2004-2005 (H1) (In US$ million) IV-18 4. Cameron Health, Inc. (USA) IV-21 5. Cardiac Science Corporation (USA) IV-22 Table 66: Half Yearly Sales Analysis by Quarter: 2005-2006 (H1) (In US$ million) IV-23 Table 67: Annual Sales Analysis: 2004-2005 (In US$ million) IV-23 Cardiac Science A/S (Denmark) IV-26 6. Cardioline, Inc. (USA) IV-27 7. Corscience GmbH & Co., KG. (Germany) IV-28 8. Defibtech LLC (USA) IV-29 9. Dego GmbH Medizin-Elektronik (Germany) IV-30 10. ELA Medical, Inc. (USA) IV-31 11. Emtel Przedsiebiorstwo Projektowo-Produkcyjne (Poland) IV-32 12. Esaote SpA (Italy) IV-33 13. Fukuda Denshi Co., Ltd. (Japan) IV-37 14. GE Healthcare (USA) IV-38 GE Healthcare (UK) IV-57 15. Heartsine Technologies, Inc. (USA) IV-65 16. HME Ltd. (UK) IV-66 17. Laerdal Medical AS (Norway) IV-66 Laerdal Medical Corporation (USA) IV-66 Laerdal Medical Far East (Singapore) IV-67 18. Medtronic, Inc. (USA) IV-70 Table 68: Nine Months Sales Analysis: 2005-2006 (Nine Months Ended, January) (In US$ million) IV-72 Table 69: Nine Months Sales Analysis by Segment: 2005-2006 (Nine Months Ended, January) (In US$ million) IV-72 Table 70: Nine Months Sales Analysis by Geographic Region: 2005-2006 (Nine Months Ended, January) (In US$ million) IV-73 Table 71: Annual Sales Analysis: 2004-2005 (In US$ million) IV-73 Table 72: Annual Sales Analysis by Quarter: 2004-2005 (In US$ million) IV-73 Table 73: Annual Sales Analysis by Segment: 2004-2005 (In US$ million) IV-73 Table 74: Annual Sales Analysis by Geographic Region: 2004-2005 (In US$ million) IV-74 Medtronic Emergency Response Systems (USA) IV-77 Medtronic France SAS (France) IV-80 Medtronic GmbH (Germany) IV-81 Medtronic International Ltd. (Hong Kong) IV-81 Medtronic of Canada Ltd. (Canada) IV-82 19. Metrax GmbH (Germany) IV-84 20. Nihon Kohden Corporation (Japan) IV-85 Table 75: Annual Sales Analysis: 2004-2006 (In ¥ billion) IV-86 Table 76: Annual Sales Analysis by Geographic Region: 2005-2006 (In ¥ billion) IV-86 Table 77: Annual Sales Analysis by Business Segment: 2004-2005 (In ¥ billion) IV-86 Nihon Kohden America, Inc. (USA) IV-94 21. Osatu S. Coop (Spain) IV-98 22. Philips Medical Systems International BV (The Netherlands) IV-99 Philips Medical Systems International BV (The Netherlands) IV-102 Philips Medical Systems Asia Pacific (China) IV-104 23. Schiller AG (Switzerland) IV-105 Schiller Asia Pacific (Malaysia) IV-107 Schiller Healthcare India Pvt., Ltd. (India) IV-107 Schiller Medical SAS (France) IV-108 Schiller Medizintechnik GmbH (Germany) IV-109 24. Spacelabs Medical, Inc. (USA) IV-110 25. St. Jude Medical, Inc. (USA) IV-114 Table 78: First Quarter Sales Analysis: 2005-2006 (In US$ million) IV-115 Table 79: Annual Sales Analysis: 2004-2005 (In US$ million) IV-115 Table 80: Quarterly Sales Analysis: 2004-2005 (In US$ million) IV-116 Table 81: Annual Sales Analysis by Segment: 2004-2005 (In US$ million) IV-116 26. Welch Allyn, Inc. (USA) IV-123 27. Zoll Medical Corporation (USA) IV-128 Table 82: Nine Months Sales Analysis by Customer/Product Category: 2005-2006 (Nine Months Ended, June) (In US$ million) IV-129 Table 83: Nine Months Sales Analysis by Geographic Region: 2005-2006 (Nine Months Ended, June) (In US$ million) IV-129 Table 84: Annual Sales Analysis by Customer/ Product Category: 2004-2005 (In US$ million) IV-129 Table 85: Annual Sales Analysis by Geographic Region: 2004-2005 (In US$ million) IV-130 Zoll Lifecor Corporation (USA) IV-133

Companies Mentioned

- Biotronik GmbH & Co (Germany) - Caravan International, Inc (USA) - Cardiac Science, Inc (USA) - Cardiac Science A/S (Denmark) - Survivalink Corporation (USA) - Corscience GmbH & Co KG (Germany) - Defibtech LLC (USA) - Dego GmbH - Medizin-Elektronik (Germany) - Ela Medical SA (France) - Emtel Przedsiebiorstwo Projektowo-Produkcyjne (Poland) - Esaote SpA (Italy) - ET Medical Devices SpA (Italy) - Cardioline, Inc (USA) - Fukuda Denshi Co, Ltd (Japan) - GE Healthcare (UK) - GE Healthcare (USA) - Guidant Corporation (USA) - Heartsine Technologies, Inc (USA) - Heartsine Technologies Ltd (Northern Ireland) - HME Ltd (UK) - Instramed (Brazil) - Laerdal Medical AS (Norway) - Laerdal Medical Far East (Singapore) - Laerdal Medical Corporation (USA) - Lifecor, Inc (USA) - Medtronic, Inc (USA) - Medtronic of Canada Ltd- Div Medtronic, Inc (Canada) - Medtronic France SAS (France) - Medtronic GmbH (Germany) - Medtronic International, Ltd (Hong Kong) - Metrax GmbH (Germany) - Nihon Kohden Corporation (Japan) - Nihon Kohden America, Inc (USA) - Osatu S Coop (Spain) - Philips Medical Systems International NV (The Netherlands) - Philips Medical Systems Asia Pacific (China) - Philips Medical Systems (USA) - Schiller AG (Switzerland) - Schiller Asia Pacific (Malaysia) - Schiller Healthcare India Pvt Ltd (India) - Schiller Medical SAS (France) - Schiller Medizintechnik GmbH (Germany) - Spacelabs Medical, Inc (USA) - St Jude Medical, Inc (USA) - Welch Allyn, Inc (USA) - Zoll Medical Corporation (USA)