What is Global Automated External Defibrillators (AEDs) Market?
The Global Automated External Defibrillators (AEDs) Market is an expansive and dynamic sector that encompasses a wide range of products and services. These devices are life-saving pieces of medical equipment that are used to restore a normal heartbeat in individuals who have suffered a sudden cardiac arrest. The market for these devices is global in nature, meaning that it spans across all continents and countries. The AEDs market is characterized by its high level of innovation and technological advancement, with new and improved devices being introduced on a regular basis. The market is also highly regulated, with strict standards and guidelines in place to ensure the safety and effectiveness of these devices. Despite these challenges, the AEDs market continues to grow and evolve, driven by factors such as an aging global population, increasing prevalence of cardiovascular diseases, and advancements in medical technology. However, the market also faces certain challenges, such as high costs of devices and lack of awareness about sudden cardiac arrest and the use of AEDs.
Semi-automated, Fully automated in the Global Automated External Defibrillators (AEDs) Market:
The Global Automated External Defibrillators (AEDs) Market is segmented into two main types: semi-automated and fully automated. Semi-automated AEDs require the user to press a button to deliver a shock, while fully automated AEDs deliver the shock automatically once they detect a life-threatening heart rhythm. Both types of AEDs have their own advantages and disadvantages. For instance, semi-automated AEDs allow the user to have more control over the defibrillation process, but they also require more skill and confidence to use. On the other hand, fully automated AEDs are easier to use, especially for untrained individuals, but they are also more expensive. Despite these differences, both types of AEDs play a crucial role in saving lives during a cardiac arrest.
Hospitals, Public Access, Home, Training, Others in the Global Automated External Defibrillators (AEDs) Market:
The usage of Automated External Defibrillators (AEDs) is widespread and varies across different settings. In hospitals, AEDs are used in emergency departments, intensive care units, and other areas where patients are at high risk of cardiac arrest. In public access areas such as airports, shopping malls, and sports arenas, AEDs are often installed in visible and accessible locations for use by any bystander in case of a cardiac emergency. At home, AEDs are used by individuals who are at high risk of cardiac arrest, such as those with a history of heart disease or those who live alone. In training settings, AEDs are used to teach individuals how to respond to a cardiac emergency. Other uses of AEDs include in workplaces, schools, and community centers. Despite the wide usage of AEDs, there is still a need for increased awareness and training to ensure that more people know how to use these life-saving devices.
Global Automated External Defibrillators (AEDs) Market Outlook:
The global Automated External Defibrillators (AEDs) market has shown promising growth in recent years. In 2022, the market was valued at US$ 842 million and is expected to reach US$ 1263.7 million by 2029. This represents a compound annual growth rate (CAGR) of 5.9% during the forecast period from 2023 to 2029. The market is dominated by three main players who collectively hold about 45% of the global market share. The fully automated AEDs are the most popular type, accounting for about 60% of the market. The main application of AEDs is in public access areas, which hold about 55% of the market share. These figures highlight the significant potential of the AEDs market and its importance in the global healthcare sector.
| Report Metric | Details |
| Report Name | Automated External Defibrillators (AEDs) Market |
| Accounted market size in 2022 | US$ 842 in million |
| Forecasted market size in 2029 | US$ 1263.7 million |
| CAGR | 5.9% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Philips, Zoll, Physio-Control, Laerdal Medical, Cardiac Science, Nihon Kohden, Schiller, HeartSine Technologies, A.M.I. Italia, Defibtech, Metrax GmbH, Mediana, Instramed, METsis Medikal, Mindray, Beijing M&B Electronic, Shenzhen XFT |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
