Press release
Automated External Defibrillator (AED) Market Research Report Forecast to 2024 with Top Companies Nihon Kohden Corporation, Cardiac Science Corporation, Physio Control Inc., Zoll Medical Corporation
The increasing population of the elderly is one of the most significant factors driving the automated external defibrillator (AED) market. Globally, it has been witnessed that the U.S. has the fastest growing geriatric population, after China and Japan, and, the major cause of mortality in the elderly is coronary heart disease (CHD). Thus, the growing number of the elderly has increased the demand for AEDs, and it is projected that the need for various types of such equipment would further boost the growth of the market during the forecast period.
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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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Globally, North America is projected to account for the largest revenue share in the automated external defibrillator (AED) market in 2030. This can be attributed to the existence of established players in the market, rising geriatric population, and increasing awareness among people about the usage of AEDs during a cardiac arrest. Other regions, such as Asia-Pacific (APAC), Latin America (LATAM), and Middle East and Africa (MEA), also hold considerable shares in the market.
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.
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