The Automated External Defibrillators (AED) Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Automated External Defibrillators (AED) Global Market Report 2024, The automated external defibrillators (aed) market size has grown strongly in recent years. It will grow from $1.71 billion in 2023 to $1.84 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to increased awareness and training, government initiatives and regulations, rising incidence of cardiac arrest, focus on workplace safety, community-based public access programs.
The automated external defibrillators (aed) market size is expected to see strong growth in the next few years. It will grow to $2.38 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to global health initiatives, increasing aging population, expansion of public access programs, corporate social responsibility initiatives, telemedicine and remote monitoring, increased training programs.. Major trends in the forecast period include development of aeds with real-time feedback and coaching, adoption of smart connectivity and remote monitoring, focus on user-friendly aed designs and interfaces, implementation of pediatric mode in aeds, integration of cpr feedback technology, introduction of aeds with extended battery life.
The rising incidence of cardiac arrests is expected to propel the growth of the automated external defibrillator (AED) market going forward. Cardiac arrest is a sudden, life-threatening medical condition in which the heart stops beating or beats irregularly, preventing it from effectively pumping blood to the rest of the body. Automated external defibrillators (AEDs) devices are used for treating cardiac arrests by giving an electric shock to the heart to restore a normal rhythm when abnormal rhythm occur. For instance, in June 2023, according to the Australian Institute of Health and Welfare, an Australia-based national agency, there were 14,100 coronary heart disease deaths in 2021, and this has increased to 14,900 in 2022. Therefore, the rising incidence of cardiac arrest is driving the growth of the automated external defibrillator (AED) market.
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The automated external defibrillators (aed) market covered in this report is segmented –
1) By Type: Wearable, Non-Wearable
2) By Technology Type: Semi-Automatic, Fully Automatic
3) By Size Type: Standard, Paediatric
4) By Patient Type: Adults, Children
5) By End-User: Hospitals, Public Access Settings, Homecare settings, Pre-Hospitals Care , Emergency Medical Service Providers, Other End-Users
Major companies operating in the automated external defibrillators (AED) market are focused on technological advancements such as REALConnect technology with cellular, WiFi, GPS, and bluetooth connectivity to provide reliable services to the customers. REALConnect plays a significant role in automated external defibrillators (AED) as a software platform that uses cellular, WiFi, GPS, and Bluetooth connectivity technologies, which act as wireless communications that enable devices to connect and communicate with each other. For instance, in January 2023, Avive Solutions Inc., a US-based technology company that develops automated external defibrillators, launched Avive Connect automated external defibrillator (AED), approved by the Food and Drug Administration (FDA), a US-based federal agency. Avive Connect AED is an automatic handheld device that combines cellular and WiFi connectivity, GPS technology, remote maintenance, and extreme portability to treat people with cardiac arrest.
The automated external defibrillators (aed) market report table of contents includes:
1. Executive Summary
2. Automated External Defibrillators (AED) Market Characteristics
3. Automated External Defibrillators (AED) Market Trends And Strategies
4. Automated External Defibrillators (AED) Market – Macro Economic Scenario
5. Global Automated External Defibrillators (AED) Market Size and Growth
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26. South America Automated External Defibrillators (AED) Market
27. Brazil Automated External Defibrillators (AED) Market
28. Middle East Automated External Defibrillators (AED) Market
29. Africa Automated External Defibrillators (AED) Market
30. Automated External Defibrillators (AED) Market Competitive Landscape And Company Profiles
Top Major Players:
- Koninklijke Philips N.V.
- Asahi Kasei Corporation
- Nihon Kohden Corporation
- Schiller AG
- Stryker Corporation
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