The global automated external defibrillator market size was USD 1,690.05 Billion in 2022 and is expected to register a revenue CAGR of 8.9% during the forecast period.
- The largest revenue share over the forecast period.
- The global automated external defibrillator market has been segmented into semi-automatic defibrillators and fully automatic defibrillators.
- The global automated external defibrillator market has been segmented into hospitals and clinics, specialized cardiovascular disease treatment centers, ambulatory surgery centers, and others.
- Based on regional analysis, the market in North America is expected to register the largest revenue share over the forecast period.
- The automated external defibrillator market in the Asia Pacific is expected to register a significant revenue CAGR over the forecast period.
- The market in Europe is expected to register a steady revenue CAGR over the forecast period.
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Report Scope of the Automated External Defibrillator Market:
|The market size value in 2022||USD 1690.05 Billion|
|CAGR (2023 – 2032)||8.9%|
|The Revenue forecast in 2032||USD 396.440.81 Billion|
|Report coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
Automated External Defibrillators (AEDs), are becoming more popular as word of their usefulness in times of emergency spreads. Businesses and individuals are realizing the value of having an AED on hand as the baby boomer demographic ages and the likelihood of sudden cardiac arrests rises, and the increasing number of defibrillator sales is directly related to this recognition. According to studies by the American Heart Association, people treated with an AED in addition to Cardiopulmonary Resuscitation (CPR) have an almost doubled survival rate than those treated with CPR alone.
Sales of defibrillators have increased as a result of government initiatives in various countries, media attention, online content, and word-of-mouth. Both big and small businesses buying multiple defibrillators to keep in convenient locations are mostly responsible for the growth in defibrillator sales across the globe. There is also an increase in the selling of defibrillators in household models. The older population is growing, and as a result, they are increasingly knowledgeable about what to do in the case of sudden cardiac arrest. They also know that having an AED on hand increases survival rates by doubling them.
Cardiac arrest continues to be a primary cause of mortality in many parts of the world, despite improvements in emergency cardiac care that increase a patient’s chance of surviving it. According to research, nearly 350,000 Americans lose their lives to heart disease every year. Half of these people will die unexpectedly outside of the hospital when their heart ceases to beat. Sudden cardiac arrest is a phenomenon that causes the majority of these deaths to happen with little to no warning. A heart rhythm disorder known as ventricular fibrillation is the most typical cause of sudden cardiac arrest. The automated external defibrillator is becoming more popular because it has the potential to shock the heart with electricity to treat irregular heart rhythms. These devices are designed to detect and treat two distinct types of abnormal cardiac rhythms, such as pulseless ventricular tachycardia and ventricular fibrillation. In the upcoming years, the global market for automated external defibrillators is expected to create revenue-generating opportunities due to the rising use of this device in the treatment of patients experiencing sudden cardiac arrest. In addition, a rise in the number of smokers and drinkers who are dependent on their substances could lead to prosperous market opportunities.
The competitive landscape of the global automated external defibrillator market is moderately consolidated with few major companies operating on global and regional levels. Major companies are engaged in product development and strategic alliances to expand their respective product portfolios and gain a robust footprint in the global market. Some major companies in the market report include Koninklijke Philips N.V., Physio-Control, Inc., Nihon Kohden Corporation, Asahi Kasei Corporation, Mediana Co., Ltd., Kestra Medical Technologies, Inc., BPL Medical Technologies, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., ViVest Medical Technology Co., Ltd, and ZOLL Medical Corporation.
Automated External Defibrillator Market Segmentations:
|By RType||By Technology||By End-Use||Regional scope|
Fully Automatic Defibrillator
|Hospitals and Clinics
Specialized Cardiovascular Disease Treatment Centers
Ambulatory Surgery Centers
Middle East & Africa
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