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Automated External Defibrillator Market Trends

  • Report ID: GMI8509
  • Published Date: Mar 2024
  • Report Format: PDF

Automated External Defibrillator Market Trends

The escalating prevalence of cardiac diseases is a key driver fuelling the growth of the automated external defibrillators (AEDs) industry, compelling organizations, and communities to prioritize the accessibility and deployment of these life-saving devices.

  • The escalating incidence of cardiovascular diseases, including sudden cardiac arrest (SCA), underscores the critical need for effective and rapid intervention. For instance, according to the Centers for Disease Prevention and Control (CDC) statistics, in 2023, more than 356,000 people have an out-of-hospital cardiac arrest in the U.S. every year.
  • SCA is a leading cause of mortality globally, emphasizing the importance of AEDs in delivering prompt defibrillation to restore normal heart rhythm. The critical role of AEDs in addressing these specific cardiac conditions positions them as essential tools in emergency response strategies, contributing significantly to the expanding landscape of automated external defibrillator adoption.
  • Moreover, given the heightened risk of cardiovascular events in certain environments such as workplaces, public spaces, and community settings, the installation of cardiovascular devices becomes a proactive strategy. Placing AEDs in these high-risk areas ensures rapid access during emergencies, contributing to the overall safety and well-being of individuals at risk of cardiac events, and contributing to the market growth positively.
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global automated external defibrillator market 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%, driven by the surging expenditure on the R&D by private sector coupled with the increasing advancements in product technology.

The prehospital care segment held a significant market share in 2023 and is expected to register a CAGR of 7.5% through 2032, owing to the demand for immediate attention required during cardiac emergencies, particularly instances of sudden cardiac arrest (SCA).

North America automated external defibrillator market accounted for USD 474.3 million in 2023 and will continue to grow through 2032, attributed to the presence of major industry players in the region, surging prevalence of chronic heart diseases, and supportive government initiatives.

Amiitalia, Asahi Kasei Group, BPL Medical Technologies Pvt Ltd., CU Medical Germany GmbH, Meditech Group, Mindray Medical International Limited, Nihon Kohden Corporation, Koninklijke Philips N.V., Schiller AG, and Stryker Corporation.

Automated External Defibrillator Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 251
  • Countries covered: 22
  • Pages: 165
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