Automated External Defibrillator Market Analysis
Explore In-Depth Automated External Defibrillator Market Analysis, Covering Detailed Segmentation and Geographical Insights for the Period of 2019 to 2030
Automated External Defibrillator Industry Insights
Type Insights
The non-wearable category will hold the larger market share, of 75%, in 2024, and it is expected to become the faster growing, with a CAGR of 9.2% in the forecast period due to its portable nature and easy-to-use feature.
Moreover, the increasing number of SCA cases and sustained push by governments and NGOs for installing AEDs in public spaces are increasing the demand for such non-wearable devices.
The types analyzed in this report are
- Wearable
- Non-Wearable (Larger and Faster-Growing Category)
Technology Insights
Fully automatic will hold the larger market share, of 65%, in 2024, and it is expected to become the faster growing category in the forecast period. The growth of this category is driven by the ease of using fully automatic AEDs over semi-automatic devices.
Moreover, the fully automatic devices are designed to reduce the extended delays associated with pushing the shock button in a semi-automatic device.
The technologies analyzed in this report are:
- Semi-Automatic
- Fully Automatic (Larger and Faster-Growing Category)
Patient Type Insights
The adult category will hold the larger market share, in 2024, and it is expected to become the faster-growing, with a CAGR of 9.2% in the forecast period. This is attributed to the more-rapidly increasing number of adult patients in comparison to pediatric patients all over the world.
For instance, as per the World Bank, there were around 75 million adult patients (in the age group of 15 years and over) and 25 million pediatric patients (in the age group of 0–14 years) all over the world.
The patient types analyzed in this report are:
- Adult (Larger and Faster-Growing Category)
- Pediatric
End User Insights
The pre-hospital care and emergency medical service category will hold the largest market share, of 55%, in 2024. The rising incidence of SCA and mandated availability of these devices at all pre-hospital care and emergency settings are the key factors increasing the demand for these systems.
The following end users have been studied in the report:
- Hospitals, Clinics, and Cardiac Centers
- Pre-Hospital Care and Emergency Medical Service Providers (Larger Category)
- Public Access Settings
- Homecare Settings (Faster-Growing Category)
Regional Analysis
North America Holds Largest Share
North America will hold the largest market share, of 45%, in 2024 due to the improved healthcare infrastructure, presence of established players, and surge in the geriatric population in the region.
In addition, the growing number of AED installations and the rising incidence of CVDs have fueled the market's expansion in North America.
Moreover, the U.S. government spends a significant portion of its gross domestic product (GDP) on healthcare every year, which expands this market. The NHEA states that the country’s healthcare spending is projected to reach USD 6.0 trillion by 2027, and it is expected to grow at a CAGR of 5.5% during 2022–2030.
The APAC region is expected to become the fastest-growing, with a CAGR of 9.5% in the forecast period. This can be ascribed to the improving healthcare infrastructure in the region and the increasing focus of market players for business expansion in developing countries, such as China and India.
According to a journal, Resuscitation, major metropolitan cities in China are increasingly investing in and implementing PAD programs. Therefore, the increasing uptake of AEDs in public access settings and the surging adoption of advanced technologies in healthcare facilities are likely to drive the AED market in the region.
Furthermore, the rising geriatric population and the increasing incidence of chronic diseases are also contributing to the growth of the AED market in the region. Since the elderly are more prone to develop CVDs, the demand for AEDs is increasing in APAC.
The report offers analysis for the following regions and countries:
- North America (Largest Region)
- U.S. (Larger and Faster-Growing Country)
- Canada
- Europe
- Germany (Largest and Fastest-Growing Country)
- France
- Italy
- Spain
- U.K.
- Russia
- Netherlands
- Belgium
- Ireland
- Sweden
- Switzerland
- Poland
- Rest of Europe
- Asia-Pacific (APAC) (Fastest-Growing Region)
- China
- Japan (Largest and Fastest-Growing Category)
- India
- Australia
- South Korea
- Singapore
- Thailand
- Rest of APAC
- Latin America (LATAM)
- Brazil (Largest and Fastest-Growing Category)
- Mexico
- Rest of LATAM
- Middle East and Africa (MEA)
- Saudi Arabia (Largest and Fastest-Growing Category)
- South Africa
- Rest of MEA
Market Scope
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