Automated External Defibrillators Market Report

Market Insights

The Global Automated External Defibrillators Market is estimated to grow from USD 1.6 billion in 2020 to USD 2.4 billion by 2026 at a healthy CAGR of 7.1% during the forecast period.

Figure: Global Automated External Defibrillators Market Size, 2020-2026 (USD Billion)

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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.

Key Players

Key players operating in the global Automated External Defibrillators market are-

• 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 global 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.

Segment Analysis

End User Trends

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

In 2020, the hospitals 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 rise in number of sudden cardiac arrest cases worldwide.

Regional Trends

The market in North America accounted for largest share of approximately 30% in 2020.

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

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

COVID-19 Impact on Global Automated External Defibrillators Market

The Covid-19 outbreak impacted the growth of the automated external defibrillators positively. With the rapid surge in covid-19 cases, the healthcare facilities across geographies were focusing on treating patients infected with coronavirus. This resulted in increased need for automated defibrillators to ensure patients suffering from cardiac arrest could be provided with best chances of survival.

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Critical questions answered in this report -

• What are the key trends in the global automated external defibrillators market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in next five years?
• What is the impact of COVID-19 on global automated external defibrillators market?
• What are the key strategies adopted by the major vendors to lead in the global automated external defibrillators market?
• What is the market share of the top vendors?

Target Audience

The following is a list of the customers that the global automated external defibrillators market aims to convert the most:

• Automated external defibrillators distributors
• Automated external defibrillators suppliers
• Automated external defibrillators manufacturers
• Logistics organizations
• Government Bodies

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