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Automated External Defibrillator (AED) Market Analysis, Top Companies, New Technology

02-21-2020 11:34 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Intelligence

Automated External Defibrillator (AED) Market Analysis, Top

The key driver behind the advancement of the market is the rising occurrence of cardiac diseases, especially among the geriatric population. AED is a lightweight, portable device, which is used to deliver a shock to the heart, to stop an irregular heart beat (arrhythmia) and bring back the sinus rhythm, after a sudden cardiac arrest (SCA).

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A significant trend being observed around the world is the growing focus on the installation of AEDs in public places. These life-saving devices are being installed in public places, such as schools, colleges, railway stations, airports, and malls, in the wake of the increasing prevalence of cardiac emergencies. Many organizations in the U.S. are taking the initiative to install public-access defibrillators (PADs), to provide people suffering from SCA or arrythmias with immediate help, thereby leading to the growth of automated external defibrillator (AED) market.

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The automated external defibrillator (AED) market is competitive in nature, and the existing players are adopting various strategic measures, such as product launches, and mergers and acquisitions, to maintain their position in the market. The strategies are helping companies develop innovative and advanced the AEDs to assist the public, which automatically increases the focus of healthcare professionals and patients on using them. Thus, the demand for upgrading the technology and introducing advanced products is boosting the market growth prospects.

The market displays considerable growth potential for the forecast period due to the demand for advanced devices and the increasing geriatric population that requires AEDs in cases of SCA.

About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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