Stratview Research has added a new research report on the ‘Automated External Defibrillators Market’ to its database. This report covers the top regions & countries of the world and shows the Industry size, influencing factors, competition, challenges, regional development status, market shares, revenue, and strategies to enhance growth. This report provides a pre-historic and future estimate for the segment and a comprehensive overview of the global market size, growth, supply, demand, share, and key stakeholders.

Market Insights

The automated external defibrillators market was estimated at USD 1.71 billion in 2021 and is likely to grow at a CAGR of 7.05% during 2022-2028 to reach USD 2.77 billion in 2028.

Market Segments’ Analysis

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

In 2021, the hospital's 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 the rise in the number of sudden cardiac arrest cases worldwide.

Based on technology type, the market is segmented as semi-automatic and fully automatic. The fully automatic segment is estimated to account for the major share of the market during the forecast period.

The market in North America accounted for the largest share of approximately 30% in 2021.

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

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

Market Dynamics

The rapidly expanding aging population has also resulted in increased demands for automated external defibrillators.

• The 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.

Key Players

The supply chain of this market comprises raw material manufacturers, distributors, and users. Some of the key players in the 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).

Why invest in this report?

The present report provides critical insights into the market dynamics and enables strategic decision-making for the existing market players as well as those wanting to enter the market. This report provides market size information to assist with planning and deciding growth strategies. It also helps the users understand market dynamics to provide a deeper insight of industry competition and the supply chain.

The following are the key features of the report:

-        Market composition: Outline, industry life cycle analysis, supply chain assessment

-        Market situation assessment: Growth drivers and constraints

-        Upcoming market trends and forecast assessment

-        Competitive landscape and dynamics: Market share, Product portfolio, New product launches, etc.

-        Attractive market segments and associated growth opportunities

-        Strategic growth opportunities for the existing and new players

-        Key success factors.

The Automated External Defibrillators Market is segmented by–

·        Product Type

·        End-Use Industry Type

·        Region

Custom Research:

Stratview Research studies and reports on a number of industries across the globe. The clients rely on the information and data provided by Stratview Research to stay ahead of the pack and update themselves with the current and future trends affecting the industries. With this report on Automated External Defibrillators Market, Stratview research also offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.