Press release
Automated External Defibrillators (AED) Market Trends That Will Shape the Next Decade: Insights from Increasing Focus On Technological Advancements To Provide Reliable Services To Their Customers
Automated External Defibrillators (AED)
How Large Will the Automated External Defibrillators (AED) Market Size By 2025?
The market for automated external defibrillators (AED) has seen a robust expansion in the recent past. The market value, which stands at $1.84 billion in 2024, is projected to surge to $1.97 billion in 2025, translating to a compound annual growth rate (CAGR) of 6.9%. The historical market growth is driven by factors such as heightened awareness and education, government policies and mandates, an escalating number of cardiac arrest cases, emphasis on safety at the workplace, and community-oriented public accessibility initiatives.
How Big Is the Automated External Defibrillators (AED) Market Size Expected to Grow by 2029?
Expectations point towards a robust growth in the automated external defibrillators (AED) market in the upcoming years, with the projection standing at $2.53 billion by 2029, scaling at a CAGR of 6.5%. This growth during the forecast period is ascribed to global healthcare initiatives, a rise in the elderly population, growth of public access programs, corporate social responsibility contributions, emergence of telemedicine and remote monitoring, and a boost in training programs. The forecast period also sees noteworthy trends such as the development of aeds equipped with real-time guidance and coaching, the incorporation of smart connectivity and remote monitoring, emphasis on user-friendly aed designs and interfaces, the inclusion of a pediatric mode in aeds, integration of cpr feedback technology, and the introduction of aeds with prolonged battery lifespan.
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Which Key Market Drivers Powering Automated External Defibrillators (AED) Market Expansion and Growth?
The automated external defibrillator (AED) market is poised for growth, propelled by the increasing cases of cardiac arrests. AED devices play a critical role in emergencies characterized by sudden and life-threatening heart conditions, where the heart ceases to beat or beats abnormally hampering normal blood flow in the body. In such instances, AEDs provide an electric shock to the heart to bring back its normal rhythm when arrhythmia is detected. A report published in September 2024 by the British Heart Foundation (BHF), a charity organization based in the UK that emphasizes on research funding and awareness building around heart and circulatory diseases, states that around 7.6 million people in the UK are living with these conditions. It is projected that by 2030, these numbers could surge by 1 million but could escalate by an additional 2 million by 2040. Consequently, the demand for the automated external defibrillator (AED) market is being augmented by this growing prevalence of cardiac arrests.
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What Long-Term Trends Will Define the Future of the Automated External Defibrillators (AED) Market?
Leading businesses in the automated external defibrillators (AED) market are centering their efforts on tech innovation, such as REALConnect technology which utilizes cellular, WiFi, GPS, and bluetooth connections to offer dependable services to clients. REALConnect technology is an integral part of automated external defibrillators (AED) as it uses a software platform that leverages various wireless communication technologies, facilitating an interconnected web of devices. For instance, Avive Solutions Inc., a technology firm based in the USA that specializes in creating automated external defibrillators, in January 2023, launched Avive Connect automated external defibrillator (AED), which has received approval from the US-based federal agency, Food and Drug Administration (FDA). The Avive Connect AED is a self operating handheld device that amalgamates cellular and WiFi connections, GPS technology, remote upkeep, and extreme portability, thereby treating people afflicted with cardiac arrest.
What Are the Emerging Segments in the Automated External Defibrillators (AED) Market?
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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Who Are the Global Leaders 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
Which are the Top Profitable Regional Markets for the Automated External Defibrillators (AED) Industry?
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.
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