Global (AED) Automated External Defibrillator Market Size Is Set To Surge To US$3.52 Bn By 2030, Expanding At A CAGR Of 8.6%

(MENAFN- GlobeNewsWire - Nasdaq) Minneapolis, MN, June 08, 2023 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled “Automated External Defibrillator Market By Product Type (Semi-Automatic AEDs, Fully Automatic AEDs, Wearable AEDs, Others), By End User (Hospitals, Public Access Settings, Homecare, Others), By Distribution Channel (Online Retailers, Offline Retailers, Direct Sales, Others), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030” in its research database.

“According to the latest research study, the demand of global automated external defibrillator market size & share in terms of revenue was valued at USD 1.68 billion in 2022 and it is expected to surpass around USD 3.52 billion mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 8.6% during the forecast period 2023 to 2030.”

What is Automated External Defibrillator? How big is the Automated External Defibrillator Industry?

Report Overview:

The global automated external defibrillator market size was worth around USD 1.68 billion in 2022 and is predicted to grow to around USD 3.52 billion by 2030 with a compound annual growth rate (CAGR) of roughly 8.6 % between 2023 and 2030.

An automated external defibrillator (AED) is a portable medical device used to deliver an electric shock to the heart in the event of sudden cardiac arrest (SCA). It is designed to analyze the heart's rhythm and, if necessary, deliver a controlled electrical shock to restore a normal heartbeat. AEDs are often used by trained bystanders or first responders to provide immediate treatment before professional medical help arrives. AEDs are primarily used to treat sudden cardiac arrest (SCA), which occurs when the heart suddenly stops beating effectively. SCA is often caused by an abnormal heart rhythm called ventricular fibrillation (VF) or ventricular tachycardia (VT). AEDs are designed to be portable and user-friendly, allowing non-medical professionals to operate them effectively. They typically consist of adhesive electrode pads, a computerized control system, and voice prompts or visual instructions to guide users through the rescue process.

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Global Automated External Defibrillator Market: Growth Factors

The rising prevalence of SCA cases worldwide is the key factor driving the demand for AEDs. As SCA can occur in various settings, including homes, public places, and workplaces, the need for accessible AEDs has become crucial for timely intervention and improved survival rates. In addition, many governments have implemented policies and regulations mandating the installation of AEDs in public places, schools, and workplaces. These initiatives aim to improve emergency response capabilities and enhance the chances of survival for SCA patients, thereby stimulating the global automated external defibrillator market growth. Further, continuous advancements in AED technology, such as the development of more compact, user-friendly, and intuitive devices, have increased the adoption of AEDs. Features like voice prompts, visual instructions, and improved connectivity options have made AEDs more accessible and easier to use, contributing to market growth.

Although AEDs are designed to be user-friendly, there can still be challenges in effectively operating the devices, especially for untrained individuals in high-stress situations. Complex user interfaces, lack of familiarity, or fear of making mistakes may impede proper AED utilization and limit the automated external defibrillator industry growth. further, different regions and countries may have varying regulatory requirements and certifications for AEDs. Obtaining regulatory approvals and complying with specific standards can pose challenges for manufacturers and may impact the availability & distribution of AED devices in certain markets.

Rising home and personal use along with the increasing availability of portable and user-friendly AED devices has the potential to drive the AED adoption. With proper training and awareness, individuals with high-risk cardiovascular conditions or those living with people at risk can benefit from having an AED readily accessible, thereby creating a new market segment. Rising technological advancements, continued advancements in AED technology offer opportunities for innovation and differentiation. Features such as wireless connectivity, real-time monitoring, and integration with healthcare systems can enhance the functionality and effectiveness of AEDs, opening avenues for automated external defibrillator market expansion.

Integration of AEDs with existing emergency medical systems, electronic health records, and healthcare networks can pose technical challenges. Achieving seamless interoperability, data sharing, and integration of AEDs with healthcare systems can be complex and require standardized protocols and interfaces.

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Report Scope

Report Attribute	Details
Market Size in 2022	USD 1.68 billion
Projected Market Size in 2030	USD 3.52 billion
CAGR Growth Rate	8.6% CAGR
Base Year	2022
Forecast Years	2023-2030
Key Market Players	Philips Healthcare ZOLL Medical Corporation, Cardiac Science Corporation, Medtronic, Physio-Control (now part of Stryker Corporation), Schiller AG, Nihon Kohden Corporation, Defibtech LLC, HeartSine Technologies (now part of Stryker Corporation), CU Medical Systems Inc., Mindray Medical International Limited, Progetti Srl, Fukuda Denshi Co., Ltd., Welch Allyn (now part of Hillrom), and Boston Scientific Corporation.
Key Segment	By Product Type, By End User, By Distribution Channel, and By Region
Major Regions Covered	North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa
Purchase Options	Request customized purchase options to meet your research needs. explore purchase options

Automated External Defibrillator Market: Segmentation Analysis

The automated external defibrillator market is segmented based on product type, end-user, distribution channel, and others.

Based on the product type, the global market segments are Semi-Automatic AEDs, Fully Automatic AEDs, Wearable AEDs, and Others. The fully automatic AED segment captures the highest market share during the forecast period. Unlike semi-automatic AEDs, which require the user to press a button to deliver a shock, fully automatic AEDs are designed to analyze the heart's rhythm and, if necessary, deliver a shock without any user intervention. Once the AED detects a shockable rhythm, it automatically charges and delivers the required electrical shock to the patient.

Based [RB1] on end users, the global market segments are bifurcated into hospitals, public access settings, home care, and others. The hospital segment captures the highest market share during the forecast period. Hospitals often have a higher adoption rate of AEDs due to their role as healthcare institutions with trained medical staff. AEDs are commonly used in hospital settings, including emergency departments, cardiac units, and critical care units, to provide immediate defibrillation during cardiac emergencies. Hospitals are equipped with comprehensive resuscitation protocols and have trained personnel who can effectively use AEDs, contributing to their higher market share.

Based on distribution channels, the global market segments are bifurcated into online retailers, offline retailers, direct sales, and others. The direct sales segment captures the highest market share during the forecast period. Some manufacturers or distributors may opt for direct sales, where they sell AEDs directly to customers without involving intermediaries. This distribution channel allows manufacturers to have direct control over the sales process, customer relationships, and after-sales service.

The global Automated External Defibrillator market is segmented as follows :

By Product Type

• Semi-Automatic AEDs
• Fully Automatic AEDs
• Wearable AEDs
• Others

By End User

• Hospitals
• Public Access Settings
• Homecare
• Others

By Distribution Channel

• Online Retailers
• Offline Retailers
• Direct Sales
• Others

Browse the full “Automated External Defibrillator Market By Product Type (Semi-Automatic AEDs, Fully Automatic AEDs, Wearable AEDs, Others), By End User (Hospitals, Public Access Settings, Homecare, Others), By Distribution Channel (Online Retailers, Offline Retailers, Direct Sales, Others), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030"- Report at

Competitive Landscape

Some of the main competitors dominating the global Automated External Defibrillator market include -

• Philips Healthcare ZOLL Medical Corporation
• Cardiac Science Corporation
• Medtronic
• Physio-Control (now part of Stryker Corporation)
• Schiller AG
• Nihon Kohden Corporation
• Defibtech LLC
• HeartSine Technologies (now part of Stryker Corporation)
• CU Medical Systems Inc.
• Mindray Medical International Limited
• Progetti Srl
• Fukuda Denshi Co. Ltd.
• Welch Allyn (now part of Hillrom)
• Boston Scientific Corporation.

Key Insights from Primary Research :

• According to the analysis shared by our research forecaster, the Automated External Defibrillator market is likely to expand at a CAGR of around 8.6% during the forecast period (2023-2030).
• In terms of revenue, the Automated External Defibrillator market size was valued at around US$ 1.68 billion in 2022 and is projected to reach US$ 3.52 billion by 2030.
• Based on the product type, the fully automatic AED segment captures the largest market share during the forecast period.
• Based on the end users, the hospital segment is growing at a significant rate during the forecast period.
• Based on the distribution channel, the direct sales segment is expected to capture the largest revenue share over the forecast period.
• Based on region, North America is expected to dominate the market during the forecast period.

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Key questions answered in this report:

• What is the market size and growth rate forecast for Automated External Defibrillator industry?
• What are the main driving factors propelling the Automated External Defibrillator Market forward?
• What are the leading companies in the Automated External Defibrillator Industry?
• What segments does the Automated External Defibrillator Market cover?
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Key Offerings:

• Market Size & Forecast by Revenue | 2023−2030
• Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
• Market Segmentation – A detailed analysis By Product Type, By End User, By Distribution Channel, and By Region
• Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Regional Analysis :

The global automated external defibrillator market is projected to register the highest CAGR in North America. North America, particularly the United States, has been one of the leading markets for AEDs. The region has witnessed widespread AED implementation in various settings, including hospitals, public spaces, and homes. Factors such as strong healthcare infrastructure, favorable reimbursement policies, increased awareness, and robust public access defibrillation (PAD) programs have contributed to the high market share in this region.

By Region

• North America
  • U.S.
  • Canada
  • Rest of North America
• Europe
  • France
  • UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

Recent Developments

• In December 2020, Philips, a leading healthcare technology company, completed its acquisition of Biotelemetry, a remote cardiac monitoring and diagnostic solutions provider . This acquisition expanded Philips' capabilities in the cardiac care space, including the AED market.
• In 2020, Stryker Corporation, a prominent medical technology company, completed the acquisition of Physio-Control, a leading manufacturer of AEDs and emergency medical response products. This acquisition further strengthened Stryker's portfolio in emergency medical care and resuscitation.

To know an additional revised 2023 list of market players, request a brochure of the report:

FREQUENTLY ASKED QUESTIONS

What is Automated External Defibrillator?

Which key factors will influence global Automated External Defibrillator market growth over 2023-2030?

What will be the value of the global Automated External Defibrillator market during 2023-2030?

What will be the CAGR value of the global Automated External Defibrillator market during 2023-2030?

Which region will record the fastest growth in the Automated External Defibrillator industry globally?

Which are the major players leveraging the global Automated External Defibrillator market growth?

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