SCA is the leading cause of death on the planet. Fast medical care may help with survival, but immediate defibrillation is essential. Automated External Defibrillators (AEDs) became a lifesaving device by administering lifesaving electric shocks to victims of sudden cardiac arrest.

Market Overview

The Automated External Defibrillators market is expanding strongly due to rising cardiac awareness, ageing population and Government initiatives to encourage access to AEDs.

Key Market Drivers

Increasing Cardiovascular Diseases: The global increase in heart diseases such as coronary artery disease and arrhythmias is the major market driver of AEDs.

Boosting Public Awareness: Educational programs and public health efforts are spreading the word that early defibrillation can save lives.

Regulations by Government: There are a lot of countries now requiring AEDs to be installed in public spaces like schools, airports and offices.

Technology Developments: The emergence of portable, easy-to-use and cost-effective AEDs are driving the market.

Market Segmentation

We can segment the market based on these attributes:

By Type

• Fully-Automated External Defibrillators and Semi-Automated External Defibrillators

By End User

• Hospital & Clinics
• Homecare

Geography:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Market Size and Forecast

The automated external defibrillator market size is projected to grow from US$ 1,556.21 million in 2022 to US$ 2,207.94 million by 2030; the market is estimated to record a CAGR of 4.5% from 2022 to 2030.

Competitive Landscape

The AED market is very competitive, players include:

• Shenzhen Mindray Bio-Medical Electronics Co
• Ltd
• Stryker
• BPL Medical Technologies Pvt Ltd
• Schiller AG
• Mediana Co
• Ltd
• Nihon Koden Corp
• Asahi Kasei Corp
• ICU Medical Systems Inc

These are brands that are pursuing product development, alliances and expansion into new regions to stay ahead of the competition.

About The Insight Partners

The Insight Partners is among the leading market research and consulting firms in the world. We take pride in delivering exclusive reports along with sophisticated strategic and tactical insights into the industry. Reports are generated through a combination of primary and secondary research, solely aimed at giving our clientele a knowledge-based insight into the market and domain. This is done to assist clients in making wiser business decisions. A holistic perspective in every study undertaken forms an integral part of our research methodology and makes the report unique and reliable.