Press release
Global Automated External Defibrillators (AED) Market Projected to Surpass $2.52 Billion by 2029 with 6.3% Annual Growth
Automated External Defibrillators AED Market Size
The automated external defibrillator (AED) market projects growth, spurred by the rising cases of cardiac arrests. Cardiac arrest, a critical and potentially fatal medical condition where the heart either stops or beats irregularly, inhibits successful blood circulation throughout the body. The main tool for treating such conditions is the automated external defibrillator (AED), a device that provides an electric shock to the heart, reverting it back to a normal rhythm during cardiac irregularities. According to a September 2024 report from the British Heart Foundation (BHF), a charity based out of the UK that promotes research and awareness about heart and circulatory issues, an estimated 7.6 million UK residents presently struggle with heart and circulatory diseases. The report also predicts a rise in these numbers, expecting an increase of 1 million by 2030, and 2 million by 2040, when compared to the existing figures. Therefore, the escalating incidence of cardiac arrest propels the growth of the AED market. In respect to the growth of the Automated External Defibrillators (AED) market: Heightened numbers in the geriatric population catalyzes the expansion of the AED market. The elderly, typically those aged 65 and above, experience physical and cognitive changes linked to their age. AEDs are especially beneficial for this demographic, as they provide automated relief for sudden cardiac arrests, enhancing survival rates through timely administration of electrical shocks which normalizes heart rhythms. As per statistics provided by the United States Census Bureau in June 2023, the population of individuals over the age of 65 in July 2022 stood at 57,794,852. This figure marks a 2.1% increase from the July 2021 statistic of 56,229,126. Therefore, the surge in the geriatric population is a key driver for the growth of the AED market.
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What is the future CAGR of the automated external defibrillators (aed) market, and how will it impact industry expansion?
In recent times, the market size of automated external defibrillators (AED) has seen substantial growth. It is projected to increase from $1.84 billion in 2024 to approximately $1.98 billion in 2025, with a compound annual growth rate (CAGR) of 7.6%. The growth experienced during the historical period can be attributed to factors such as escalated awareness and training, government interventions and guidelines, an increasing occurrence of cardiac arrests, emphasis on safety in the workplace, and schemes aimed at public access within the community.
Significant expansion is anticipated in the automated external defibrillators (AED) market, as it is projected to reach a worth of $2.52 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.3%. Several factors such as worldwide health programs, an increase in the elderly population, the expansion of public access schemes, business social responsibility projects, telemedicine and remote monitoring, and enhanced training initiatives are driving the expected growth during the forecast period. Key trends in this period include the development of AEDs with live feedback and coaching features, the embrace of smart connectivity and remote monitoring, emphasis on making AEDs more user-friendly in design and operation, the addition of pediatric mode in AEDs, the incorporation of CPR feedback technology, as well as the launch of AEDs with extended battery lifespan.
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What are the emerging trends shaping the future of the automated external defibrillators (aed) market?
Leading organizations in the automated external defibrillators (AED) market are placing emphasis on technological developments such as REALConnect technology, which promotes cellular, WiFi, GPS, and Bluetooth capabilities to deliver dependable services to clients. REALConnect holds substantial importance in automated external defibrillators (AED) as a software platform utilizing cellular, WiFi, GPS, and Bluetooth technologies, serving as wireless communications enabling devices to establish and communicate with one another. For example, in January 2023, Avive Solutions Inc., a technology company based in the U.S that focuses on producing automated external defibrillators, introduced Avive Connect automated external defibrillator (AED), which got the approval from the U.S based federal agency, the Food and Drug Administration (FDA). The Avive Connect AED is an automatic portable device that integrates cellular and WiFi connectivity, GPS innovation, remote maintenance, and exceptional portability to assist individuals suffering from cardiac arrest.
Which key market segments comprise the automated external defibrillators (aed) market and drive its revenue growth?
The automated external defibrillators (AED) market covered in this report is segmented -
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
Subsegments:
1) By Wearable: Wearable AED Devices For Personal Use, Wearable AED Devices For Medical Use
2) By Non-Wearable: Manual AED Devices, Semi-Automatic AED Devices, Fully Automatic AED Devices
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What regions are at the forefront of automated external defibrillators (aed) market expansion?
North America was the largest region in the automated external defibrillator market in 2024. 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.
Who are the leading players fueling growth in the automated external defibrillators (aed) market?
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., AMI Italia, 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, CardiAid, M&B Electronic Instruments Inc., Instramed Inc., Metrax GmbH
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What Is Covered In The Automated External Defibrillators (AED) Global Market Report?
• Market Size Forecast: Examine the automated external defibrillators (aed) market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the automated external defibrillators (aed) market for a structured understanding.
• Key Players Overview: Analyze major players in the automated external defibrillators (aed) market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the automated external defibrillators (aed) market.
• Segment Contributions: Evaluate how different segments drive overall growth in the automated external defibrillators (aed) market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the automated external defibrillators (aed) market.
• Industry Challenges: Identify potential risks and obstacles affecting the automated external defibrillators (aed) market.
• Competitive Landscape: Review strategic developments in the automated external defibrillators (aed) market, including expansions, agreements, and new product launches.
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