Automated External Defibrillator Market | Current Analysis by Market Share 2024-2032

Automated External Defibrillator Market Synopsis:

Automated External Defibrillator Market Size Was Valued at USD 1.30 Billion in 2023, and is Projected to Reach USD 2.41 Billion by 2032, Growing at a CAGR of 7.10% From 2024-2032.

Automated External Defibrillator (AED) market is a niche of the medical device industry, involving products for the diagnosis and treatment of life-threatening cardiac arrhythmias including ventricular fibrillation and pulseless ventricular tachycardia. They are portable and easy to operate by giving out verbal and visual instructions on how to administer a shock to the heartbeat in order reset it hence these devices should be useful in emergencies especially in areas that are not hospitals. The market is further bolstered by the rising incidence of SCA, the tendency towards high incidences of cardiac diseases, and the focus on programs in public access defibrillation that would help increase survival rates for emergency cardiac cases.

The AED market has grown considerably in the last several years due to the rising rate of cardiovascular diseases, growing awareness of SCA incidents, and more importance on public health. An AED is a small hand-held device that basically applies electric shocks to the heart to regain normal electrical rhythm during a cardiac arrest. Increased use of AEDs can be attributed to its efficiency in that it has been known to save lives; enhanced by development and coming up with more friendly devices. International regulatory authorities are simultaneously advocating the installation of AEDs in places such as schools, airports, shopping centers, and organizations in general – factors that have been driving the growth of the market.

North America remains as the largest market for global AED with a high prevalence rate of cardiac incarcerations and a developed advanced healthcare system. The region enjoys stringent laws that require the placement of AED’s across different public places. At the same time, the demand in the Asia-Pacific region is expected to demonstrate the highest growth rate for the same time period. This growth is as a result of an improved number of awareness campaigns, healthcare structures, and enhanced middle class willing and able to pay for healthcare technologies. The rising incidence of the lifestyle diseases also is also a factor, along with the increased rates of these diseases in emerging economy nations.

Manufacturers of AEDs are closely innovation- focused to develop new and better device features, longer battery life, and smart monitoring and connectivity instruments. Health care providers and institutions are becoming important strategic partners and affiliations for manufacturers in their attempts to open new markets as well as to increase the availability of AEDs. Furthermore, the increasing popularity of telemedicine and mobile health applications bring new opportunities for AED manufacturers to create connected devices which imply possibility of outside monitoring and immediate cooperation during emergencies.

All in all, it could be understood that the Automated External Defibrillator market is set for a great deal of growth in terms of demand over both the short and long term owing to factors such as frequent cases of cardiac emergencies, growing awareness in the public regarding such emergencies, and fast advancement in technology. As it grows further with more investment in product development and strategic partnerships, it will become vital to upgrades in the health conditions and increase survival rates of cases of cardiac arrest around the globe.

Automated External Defibrillator Market Trend Analysis:

Rising Demand and Technological Advancements in the Automated External Defibrillator Market

• Drive in aiming at increasing response rate in emergencies has contributed to increased demand AEDs in commercial places, working places, school, and homes and many more. With increased information about the key function that AEDs serve in rising of chances of survival of SCA victims, organizations and institutions are realizing the need of sourcing for these devices more often. Further evidence of this trend is supported by recommendations from health organization and authorities which call for increasing access to AEDs in public places where large numbers of people may be present. Therefore, the number of organizations including commercial and educational organizations is acquiring AEDs by making it a policy part of their emergency responses.
• not only has awareness of AEDs improved but also the technology in AEDs is progressively becoming more friendly or use not only by medical but other personnel. Current AEDs have incorporated audible prompts, visual signals, and simple interfaces to facilitate a lay person through the process thus making it less cumbersome to use one. The connectivity features, including on-screen Bluetooth and smartphone interface, enable remote observation of the status of devices and maintenance signals that ensure they are always available when they are required. These improvements do not only make it easier for people to use the AED but also increase the level of confidence currently being used across various environments thereby increasing the chances of its use.

Advancements in the Automated External Defibrillator Market

• The number of cases calling for AEDs tends to rise as people suffer cardiac arrest beyond the hospital, which is estimated to be about 30,000 a year within the United States alone. This statistic reveals the importance for early use of a defibrillator to increase survival in cardiopulmonary crises. As a result, governments, healthcare institutions, and community organizations have begun promoting programs designed at raising awareness of AED availability and placing more of these devices in public, employers’ premises, educational institutions and recreational facilities. These have aimed at making AED available to the public since early use is important as it enhances the survival rate once someone has had a cardiac arrest.
• Further, increased focus has been made on the need to perform cardioversion promptly, and numerous programmes devoted to strengthening the use of AED belong to this category. Awareness campaigns and initiatives are being developed to familiarise the public with the signs of cardiac arrest, actions one has to take by calling emergency services, or details of the use of AEDs. Consequently, more people perform the cardio pulmonary resuscitation CPR and AED operation, which promote preparedness. By implementing these measures in different facilities, the demand for AEDs should grow in the future thanks not only to the continuous governmental support but also due to increase of concern across population about preventing cases of sudden cardiac arrests.

Automated External Defibrillator Market Segment Analysis:

Automated External Defibrillator Market is Segmented on the basis of Analysis Type,  Application, and Region

By Analysis Type, Semi-automated External segment is expected to dominate the market during the forecast period

• Automated external defibrillators (AED) are foundational tools designed exclusively for the purpose of delivering shocks for individuals in cardiac arrest. While fully automated AEDs dispense the shock on their own based on the rhythm analysis and commanding for intervention, these semiautomated units call upon the operator to press a button to deliver the shock. This functionality is convenient as the trained healthcare professional may not always be available near such places as schools, gyms or community centers. Due to clear voice prompts and graphic displays, these devices are quite easy to operate even if the person operating them has received minimal training at all the bystanders are well equipped to deal with any emergencies as and when they arise. It is for the same reasons that their presence in public domains is often seen as conducive to individual’s capability to persevere in case of emergencies.
• This is especially due to the enhancements noted in the availability as well as usage of a number of half automatic AEDs. Since the incidence of cardiac emergencies is gradually increasing, the use of such devices is becoming possible in various facilities, and as a result, more people are being trained to use the equipment. Most local campaigns focus on how an AED should be available to increase the likelihood of early response during emergent situations. This semi-automated design achieves the right level of user engagement but at the same time helps to guide the process, resulting in generally higher acceptance and use. Lastly, the adoption of these AEDs is a clear evidence and proof of the kind of measures being taken to ensure improvement of health of the people as well as increasing supplies for the management of emergencies all through different settings.

By Application, Hospitals/Clinics segment expected to held the largest share

• Outsourced demands in hospitals and clinics include the use of external defibrillators for attending to patients with cardiac crises. These healthcare facilities rely on ambulatory and automatic healthcare AEDs as medical personnel who are trained keep emergency cardiac arrest cases in check. These devices become integrated into standard medical protocols so that within the shortest time possible defibrillation is achieved, this being of paramount importance for bringing back normal heart rhythms and consequently improving the survival rates. Depending on where they are located Emergency Departments, Operating Rooms, Intensive Care Units demonstrate the importance of these devices in cardiac care processes.
• In addition, to AEDs, operating hospitals provide additional monitoring devices which help to use the AED in the most effective way and track the patient’s condition during the CPR. This concurrently not only helps in the timely administration of defibrillator shocks but also enables the care provider evaluate efficacy of therapeutic action. Consequently, clinical applications of the defibrillators are not only acting as a constructive treatment strategy but also an ongoing, active response to patients’ conditions. Due to this practice of integrating external defibrillators as a standard, reaffirms their role and significance in current world healthcare practice hence; enhance patient favorable outcomes in cases of emergent situations.

Automated External Defibrillator Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

• North America is expected to have a significant market share in the Automated External Defibrillator (AED) market due to countries such as United States and Canada. This area also enjoys the lucky draw of having laws which require Automatic External Defibrillators to be placed in school, airports, and workplaces and indeed any public space to increase the chances of survival of persons who have heart attacks. Moreover, it can be stated that North America has, relatively speaking, a highly developed health care system which can facilitate quick and easy availability and adoption of AEDs and, thereby, engender consumer and health care professional confidence. This regulatory structure helps to stabilise the market, as well as encourages the essential manufacturers to invest in the sector as a result of the increasing necessity of those devices.
• In addition, the strong distribution channel is seen as another strength especially for distributing the AED across North American market segments. Increased market development is also due to the participation of dominant manufacturers along with potential start-ups in developing the enhanced AED technologies for better usage and efficiency. In addition to this, raising public consciousness on cardiac arrest and the need of early defibrillation as a result of continuous training activities within the society on CPR and AED has meaningfully enhanced the demand. Due to the growing number of people growing trained in handling cardiopulmonary emergencies, the public and private organizations use of AED is likely to increase in the future and thus giving North America a dominating position in the world AED market.

Active Key Players in the Automated External Defibrillator Market:

• Asahi Kasei Corporation
• Koninklijke Philips NV
• Nihon Kohden Corporation
• Schiller AG
• Shenzhen Mindray Bio-Medical Electronics Co. Ltd
• Stryker Corporation
• CU Medical System Inc.
• Mediana Co. Ltd
• BPL Medical Technologies Pvt Ltd
• Progetti Srl
• Bexen Cardio
• Corplus
• Other Active Players

Key Industry Developments in the Automated External Defibrillator Market:

• February 2024: Schiller AG installed its FRED PA-1 automated external defibrillators in railroad stations in Mumbai. The installations have been strategically placed in the station master's room at Vile Parle and Santacruz stations to ensure round-the-clock accessibility and quick response in case of emergencies.

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Automated External Defibrillator Market by Analysis Type
 4.1 Automated External Defibrillator Market Snapshot and Growth Engine
 4.2 Automated External Defibrillator Market Overview
 4.3 Semi-automated External Defibrillators
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Semi-automated External Defibrillators: Geographic Segmentation Analysis
 4.4 Fully-automated External Defibrillators
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Fully-automated External Defibrillators: Geographic Segmentation Analysis

Chapter 5: Automated External Defibrillator Market by Application
 5.1 Automated External Defibrillator Market Snapshot and Growth Engine
 5.2 Automated External Defibrillator Market Overview
 5.3 Hospitals/Clinics
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Hospitals/Clinics: Geographic Segmentation Analysis
 5.4 Home Care
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Home Care: Geographic Segmentation Analysis
 5.5 Other End Users
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Other End Users: Geographic Segmentation Analysis

Chapter 6: Company Profiles and Competitive Analysis
 6.1 Competitive Landscape
  6.1.1 Competitive Benchmarking
  6.1.2 Automated External Defibrillator Market Share by Manufacturer (2023)
  6.1.3 Industry BCG Matrix
  6.1.4 Heat Map Analysis
  6.1.5 Mergers and Acquisitions  
 6.2 ASAHI KASEI CORPORATION
  6.2.1 Company Overview
  6.2.2 Key Executives
  6.2.3 Company Snapshot
  6.2.4 Role of the Company in the Market
  6.2.5 Sustainability and Social Responsibility
  6.2.6 Operating Business Segments
  6.2.7 Product Portfolio
  6.2.8 Business Performance
  6.2.9 Key Strategic Moves and Recent Developments
  6.2.10 SWOT Analysis
 6.3 KONINKLIJKE PHILIPS NV
 6.4 NIHON KOHDEN CORPORATION
 6.5 SCHILLER AG
 6.6 SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS CO. LTD
 6.7 STRYKER CORPORATION
 6.8 CU MEDICAL SYSTEM INC.
 6.9 MEDIANA CO. LTD
 6.10 BPL MEDICAL TECHNOLOGIES PVT LTD
 6.11 PROGETTI SRL
 6.12 BEXEN CARDIO
 6.13 CORPLUS
 6.14 OTHER ACTIVE PLAYERS

Chapter 7: Global Automated External Defibrillator Market By Region
 7.1 Overview
 7.2. North America Automated External Defibrillator Market
  7.2.1 Key Market Trends, Growth Factors and Opportunities
  7.2.2 Top Key Companies
  7.2.3 Historic and Forecasted Market Size by Segments
  7.2.4 Historic and Forecasted Market Size By Analysis Type
  7.2.4.1 Semi-automated External Defibrillators
  7.2.4.2 Fully-automated External Defibrillators
  7.2.5 Historic and Forecasted Market Size By Application
  7.2.5.1 Hospitals/Clinics
  7.2.5.2 Home Care
  7.2.5.3 Other End Users
  7.2.6 Historic and Forecast Market Size by Country
  7.2.6.1 US
  7.2.6.2 Canada
  7.2.6.3 Mexico
 7.3. Eastern Europe Automated External Defibrillator Market
  7.3.1 Key Market Trends, Growth Factors and Opportunities
  7.3.2 Top Key Companies
  7.3.3 Historic and Forecasted Market Size by Segments
  7.3.4 Historic and Forecasted Market Size By Analysis Type
  7.3.4.1 Semi-automated External Defibrillators
  7.3.4.2 Fully-automated External Defibrillators
  7.3.5 Historic and Forecasted Market Size By Application
  7.3.5.1 Hospitals/Clinics
  7.3.5.2 Home Care
  7.3.5.3 Other End Users
  7.3.6 Historic and Forecast Market Size by Country
  7.3.6.1 Russia
  7.3.6.2 Bulgaria
  7.3.6.3 The Czech Republic
  7.3.6.4 Hungary
  7.3.6.5 Poland
  7.3.6.6 Romania
  7.3.6.7 Rest of Eastern Europe
 7.4. Western Europe Automated External Defibrillator Market
  7.4.1 Key Market Trends, Growth Factors and Opportunities
  7.4.2 Top Key Companies
  7.4.3 Historic and Forecasted Market Size by Segments
  7.4.4 Historic and Forecasted Market Size By Analysis Type
  7.4.4.1 Semi-automated External Defibrillators
  7.4.4.2 Fully-automated External Defibrillators
  7.4.5 Historic and Forecasted Market Size By Application
  7.4.5.1 Hospitals/Clinics
  7.4.5.2 Home Care
  7.4.5.3 Other End Users
  7.4.6 Historic and Forecast Market Size by Country
  7.4.6.1 Germany
  7.4.6.2 UK
  7.4.6.3 France
  7.4.6.4 The Netherlands
  7.4.6.5 Italy
  7.4.6.6 Spain
  7.4.6.7 Rest of Western Europe
 7.5. Asia Pacific Automated External Defibrillator Market
  7.5.1 Key Market Trends, Growth Factors and Opportunities
  7.5.2 Top Key Companies
  7.5.3 Historic and Forecasted Market Size by Segments
  7.5.4 Historic and Forecasted Market Size By Analysis Type
  7.5.4.1 Semi-automated External Defibrillators
  7.5.4.2 Fully-automated External Defibrillators
  7.5.5 Historic and Forecasted Market Size By Application
  7.5.5.1 Hospitals/Clinics
  7.5.5.2 Home Care
  7.5.5.3 Other End Users
  7.5.6 Historic and Forecast Market Size by Country
  7.5.6.1 China
  7.5.6.2 India
  7.5.6.3 Japan
  7.5.6.4 South Korea
  7.5.6.5 Malaysia
  7.5.6.6 Thailand
  7.5.6.7 Vietnam
  7.5.6.8 The Philippines
  7.5.6.9 Australia
  7.5.6.10 New Zealand
  7.5.6.11 Rest of APAC
 7.6. Middle East & Africa Automated External Defibrillator Market
  7.6.1 Key Market Trends, Growth Factors and Opportunities
  7.6.2 Top Key Companies
  7.6.3 Historic and Forecasted Market Size by Segments
  7.6.4 Historic and Forecasted Market Size By Analysis Type
  7.6.4.1 Semi-automated External Defibrillators
  7.6.4.2 Fully-automated External Defibrillators
  7.6.5 Historic and Forecasted Market Size By Application
  7.6.5.1 Hospitals/Clinics
  7.6.5.2 Home Care
  7.6.5.3 Other End Users
  7.6.6 Historic and Forecast Market Size by Country
  7.6.6.1 Turkiye
  7.6.6.2 Bahrain
  7.6.6.3 Kuwait
  7.6.6.4 Saudi Arabia
  7.6.6.5 Qatar
  7.6.6.6 UAE
  7.6.6.7 Israel
  7.6.6.8 South Africa
 7.7. South America Automated External Defibrillator Market
  7.7.1 Key Market Trends, Growth Factors and Opportunities
  7.7.2 Top Key Companies
  7.7.3 Historic and Forecasted Market Size by Segments
  7.7.4 Historic and Forecasted Market Size By Analysis Type
  7.7.4.1 Semi-automated External Defibrillators
  7.7.4.2 Fully-automated External Defibrillators
  7.7.5 Historic and Forecasted Market Size By Application
  7.7.5.1 Hospitals/Clinics
  7.7.5.2 Home Care
  7.7.5.3 Other End Users
  7.7.6 Historic and Forecast Market Size by Country
  7.7.6.1 Brazil
  7.7.6.2 Argentina
  7.7.6.3 Rest of SA

Chapter 8 Analyst Viewpoint and Conclusion
8.1 Recommendations and Concluding Analysis
8.2 Potential Market Strategies

Chapter 9 Research Methodology
9.1 Research Process
9.2 Primary Research
9.3 Secondary Research