Automated External Defibrillator Market Size

Automated External Defibrillator Market Size

Automated External Defibrillator Market size was valued at around USD 1.3 billion in 2023 and is expected to reach around USD 2.4 billion by 2032 at a CAGR of 7.1% during the forecast period. The market is expected to experience growth driven by the surging expenditure on the R&D by private sector coupled with the increasing advancements in product technology.

Continuous technological innovation results in AEDs featuring intuitive interfaces, incorporating visual and audio prompts for simplified operation. For instance, the Philips HeartStart FR3 AED boasts a responsive touchscreen and clear voice instructions, facilitating swift and accurate usage even in high-stress situations. Modern AEDs leverage smart monitoring and connectivity, enabling real-time tracking of device status, battery life, and operational readiness. The ZOLL AED 3, equipped with WiFi and cellular capabilities, allows remote monitoring and sends alerts for necessary maintenance, ensuring optimal performance.
 

Furthermore, increased private sector investment in research and development further accelerates technological breakthroughs in AEDs. Robust R&D initiatives foster innovation, driving the creation of more advanced and reliable AED models that can contribute to improved survival rates in sudden cardiac arrest incidents, driving the market's growth.
 

An Automated External Defibrillator (AED) is a portable, electronic device designed to analyze the heart's rhythm and deliver an electric shock to restore a normal heartbeat in the event of sudden cardiac arrest. These devices play a crucial role in providing timely intervention, as they can quickly assess the heart's rhythm, determine the need for defibrillation, and deliver a controlled electric shock to the heart to correct irregular rhythms.