In-Depth 2024 Automated External Defibrillators (AED) Market Analysis: Growth, Share, and Emerging Trends
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What is the Expected Growth Rate of the Automated External Defibrillators (AED) Market from 2024 to 2033?
The automated external defibrillators (AED) market has shown robust growth, expected to grow from $1.71 billion in 2023 to $1.84 billion in 2024 at a CAGR of 7.5%. Growth factors include increased awareness, government initiatives, a rise in cardiac arrests, workplace safety focus, and public access programs.
The automated external defibrillators (AED) market is set for strong growth, reaching $2.38 billion by 2028 at a CAGR of 6.6%. Growth is supported by global health initiatives, an aging population, public access programs, and CSR initiatives. Major trends include AEDs with real-time feedback, smart connectivity, user-friendly designs, pediatric mode integration, CPR feedback, and extended battery life.
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What Key Factors Are Fueling the Growth of the Automated External Defibrillators (AED) Market?
The rise in cardiac arrest cases is expected to contribute to the growth of the automated external defibrillator (AED) market. Cardiac arrest is a life-threatening condition where the heart stops beating or beats irregularly, preventing proper blood circulation. AEDs are devices that deliver an electric shock to the heart to restore normal rhythm. According to the Australian Institute of Health and Welfare, 14,100 deaths from coronary heart disease were recorded in 2021, rising to 14,900 in 2022. This increase in cardiac arrest cases is driving the expansion of the AED market.
What Are the Major Segments of the Automated External Defibrillators (AED) Market?
1) By Type: Wearable, Non-Wearable
2) By Technology Type: Semi-Automatic, Fully Automatic
3) By Size Type: Standard, Pediatric
4) By Patient Type: Adults, Children
5) By End-User: Hospitals, Public Access Settings, Homecare settings, Pre-Hospitals Care, Emergency Medical Service Providers, Other End-Users
What New Trends Are Transforming the Automated External Defibrillators (AED) Market?
In the automated external defibrillators (AED) market, companies are focusing on technological advances like REALConnect technology, which integrates cellular, Wi-Fi, GPS, and Bluetooth for reliable services. For instance, in January 2023, Avive Solutions Inc., a US-based company, launched the Avive Connect AED, a portable device combining cellular and Wi-Fi connectivity, GPS, and remote maintenance. This FDA-approved device is designed to treat cardiac arrest and offers extreme portability.
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Which Regions Are Driving Growth in the Automated External Defibrillators (AED) Market?
North America was the largest region in the automated external defibrillator market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automated external defibrillators (aed) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Automated External Defibrillators (AED) Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the automated external defibrillators (aed) market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Automated External Defibrillators (AED) Market Include
1. Automated External Defibrillators (AED) Market Executive Summary
2. Automated External Defibrillators (AED) Market Segments
3. Automated External Defibrillators (AED) Market Size And Template Market Growth Rate
4. Key Automated External Defibrillators (AED) Market Trends
5. Major Automated External Defibrillators (AED) Market Drivers
……
25. Key Mergers And Acquisitions In The Automated External Defibrillators (AED) Market
26. Top Automated External Defibrillators (AED) Companies
27. Automated External Defibrillators (AED) Market Opportunities And Strategies
28. Automated External Defibrillators (AED) Market, Conclusions And Recommendations
29. Appendix
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