Stratview Research, a global market research firm announces the release of the report titled – Automated External Defibrillators Market which provides an in-depth analysis of the market dynamics, current and emerging trends, industry forecast, and competitive landscape.

According to this report, the automated external defibrillators market size was valued at USD 1.71 billion in 2021 and is likely to grow at a CAGR of 7.05% during 2022-2028 to reach USD 2.77 billion in 2028.

Key Players

  • Koninklijke Philips N.V. (Netherlands),
  • Physio-Control Corporation (The U.S),
  • Asahi Kasei Medical Co., Ltd (Japan),
  • Nihon Kohden Corporation (Japan),
  • Schiller AG (Switzerland),
  • Mindray Medical International Limited (China),
  • GE Healthcare (The U.S),
  • Stryker Corporation (The U.S),
  • Cardiac Science Corporation (The U.S),
  • Zoll Medical Corporation (The U.S),
  • Me­trax GmbH (Germany), and
  • Biotronik (Germany).

Market Dynamics

The rapidly expanding aging population has also resulted in increased demands for automated external defibrillators.

  • The market growth is primarily driven by an increase in the number of people suffering from cardiovascular diseases as a result of a busy lifestyle and unhealthy eating habits.
  • The rise in the number of people dying due to cardiac arrest is likely to fuel the demand for automated defibrillators at a significant rate.
  • Growing emphasis on technological advancement in these devices is expected to create lucrative opportunities for the players operating in the global automated external defibrillators market during the review period

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Segment Analysis

Based on end users, the market has been divided into hospitals, public access, emergency medical services, homes, and private cardiac clinics.

In 2021, the hospital's segment garnered the largest market share. The public access segment is likely to grow at a significant rate during the review period on account of the rise in the number of sudden cardiac arrest cases worldwide.

The market in North America accounted for the largest share of approximately 30% in 2021.

This was due to the increasing geriatric population, the rise in the number of people dying due to cardiac arrest, and the growing emphasis on technological advancement in defibrillators.

The market in the Asia-Pacific region is projected to register a healthy growth rate on account of rising product awareness among consumers and expanding the healthcare industry in developing countries.

What are automated external defibrillators?

Automated external defibrillators are defined as portable, life-saving devices which analyze the rhythm of the heart and treat people who experience sudden cardiac arrest. Cardiac arrest is a medical ailment wherein the heart stops beating. This device detects the problem and treats the same by delivering an electric shock to restore normal heart rhythm. These devices are of small size and thus, are easy to use.

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