Press release
Automated External Defibrillators (AED) Market Size, Share, Growth, Outlook And Forecast Report 2024 To 2033
Automated External Defibrillators (AED) Market
The automated external defibrillators (aed) market size is expected to see strong growth in the next few years. It will grow to $2.38 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to global health initiatives, increasing aging population, expansion of public access programs, corporate social responsibility initiatives, telemedicine and remote monitoring, increased training programs.. Major trends in the forecast period include development of aeds with real-time feedback and coaching, adoption of smart connectivity and remote monitoring, focus on user-friendly aed designs and interfaces, implementation of pediatric mode in aeds, integration of cpr feedback technology, introduction of aeds with extended battery life..
Market Overview -
An automated external defibrillator (AED) is a portable medical device designed to analyze the electrical activity of the heart and deliver an electrical shock to the heart in the event of sudden cardiac arrest (SCA). It is used in cases of life-threatening cardiac arrhythmias and provide a better chance of receiving help from a heart attack before an ambulance arrives to treat sudden cardiac arrest (SCA).
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Rising Incidence of Cardiac Arrests Drives Growth of Automated External Defibrillator (AED) Market
The rising incidence of cardiac arrests is expected to propel the growth of the automated external defibrillator (AED) market going forward. Cardiac arrest is a sudden, life-threatening medical condition in which the heart stops beating or beats irregularly, preventing it from effectively pumping blood to the rest of the body. Automated external defibrillators (AEDs) devices are used for treating cardiac arrests by giving an electric shock to the heart to restore a normal rhythm when abnormal rhythm occur. For instance, in June 2023, according to the Australian Institute of Health and Welfare, an Australia-based national agency, there were 14,100 coronary heart disease deaths in 2021, and this has increased to 14,900 in 2022. Therefore, the rising incidence of cardiac arrest is driving the growth of the automated external defibrillator (AED) market.
Competitive Landscape -
Major companies operating in the automated external defibrillators (aed) market report are Koninklijke Philips N.V., Asahi Kasei Corporation, Nihon Kohden Corporation, Schiller AG , Stryker Corporation, Biotronik, BPL Medical Technologies, CU Medical System Inc., Mindray Bio-Medical Electronics Co. Ltd, ViVest Medical Technology Co. Ltd., Amiitalia, Physio-Control Corporation, CardiAid, Kestra Medical Technologies Inc, ViVest Medical Technology Co. Ltd., CU Medical System Inc., DefiSign Life Systems Inc., Progetti S.r.l., MRL Inc., HeartSine Technologies Inc., BPL Medical Technologies, Amiitalia, CardiAid, M&B Electronic Instruments Inc., Instramed Inc., Metrax GmbH
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