Press release
Automated External Defibrillators (AED) Market Current Status by Major Key Vendors and Trends by Forecast to 2030
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. Technological advancements are likely to remain key trends in the market.Automated External Defibrillators Market Analysis
Product innovations will provide lucrative opportunity for the market growth in the coming years. Further, the rising incidence of cardiac arrest accelerates demand for automatic external defibrillators, driving market growth. For example, companies launching innovative products by the company is an influential factor responsible for accounting for considerable market growth during 2020-2030. Technological advancements are likely to remain key trends in the market.
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Key Players Analysis:
• 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
Automated External Defibrillator Market Overview
Homecare automated external defibrillator has gained significant attention worldwide. HomeCare HK AED Game is an example of a homecare AED. The HomeCare HK AED Game is a lightweight portable device that sends electric shock through the chest and such device can be efficiently and safely utilize for sudden cardiac arrest to respond quickly. Therefore, homecare AED will gain a considerable share in the coming years.
Rising Incidence of Cardiac Arrest Accelerate Demand for Automated External Defibrillators to Favor Market
According to the Sudden Cardiac Arrest Foundation report, there are more than 356,000 out-of-hospital cardiac arrest (OHCA) annually in the US. Additionally, in Singapore, more than 3,000 people suffer from sudden cardiac arrest annually with more than 80% in residential and public settings as per the statistics revealed by the Singapore Heart Foundation report. Therefore, with rising cases of sudden cardiac arrest, Automated External Defibrillator (AED) helps to restore heart rhythm by sending an electric shock. AEDs are capable to automatically detect two forms of cardiac arrhythmias. These involve ventricular fibrillation and pulseless ventricular tachycardia. Further, AED machines are becoming highly available in public settings due to their affordability. The cost of AED has decreased a lot in the past few years accelerating adoption worldwide. Therefore, the rising incidence of cardiac arrest accelerates demand for automated external defibrillators acting as the major drivers accounting for considerable market share.
SEGMENTATION
The study conducts a SWOT analysis of each company to evaluate strengths and weaknesses. It also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Automated External Defibrillators (AED) market segments and regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Automated External Defibrillators (AED) Market based on various segments. It also provides market size and forecast with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Automated External Defibrillators (AED) Market by each region is later sub-segmented by respective countries and segments.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Food and Beverages, Consumers and Goods, Chemicals and Materials.
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