Automated External Defibrillator Market by Type, End-user

Description

List of Tables

[196 Pages Report] The Automated External Defibrillator Market size was estimated at USD 1.65 billion in 2023 and expected to reach USD 1.80 billion in 2024, at a CAGR 9.59% to reach USD 3.13 billion by 2030.

The automated external defibrillator (AED) market is witnessing significant growth driven by the global increase in cardiovascular diseases, major contributors to mortality worldwide. Automated External Defibrillators are critical, lifesaving devices engineered to diagnose and treat life-threatening cardiac arrhythmias like ventricular fibrillation and pulseless ventricular tachycardia. These devices are designed for use by both laypersons and professionals, featuring guidance systems such as voice prompts and visual signals to ensure ease of use in emergencies. Their applications span various high-risk public environments, including airports, schools, sports venues, in-home healthcare settings, and hospitals. Market expansion is further supported by heightened public awareness and training initiatives, alongside legislative measures mandating AEDs in public spaces. However, challenges such as high acquisition and maintenance costs and a general lack of public training pose barriers to broader adoption. Despite these hurdles, the market outlook is positive, bolstered by technological advancements enhancing device usability and effectiveness. Innovations such as digital integration enabling AEDs to alert medical services and direct rescuers via GPS automatically are becoming increasingly feasible. Additionally, there is a push towards manufacturing cost reductions and developing environmentally tailored AED options to broaden usage scenarios. The ongoing research on improving diagnostic features and device customization illustrates a proactive approach to overcoming existing limitations, suggesting a promising trajectory for increased AED accessibility and effectiveness in emergency response, ultimately saving more lives.

KEY MARKET STATISTICS
Base Year [2023]	USD 1.65 billion
Estimated Year [2024]	USD 1.80 billion
Forecast Year [2030]	USD 3.13 billion
CAGR (%)	9.59%

Regional Insights

In the Americas, particularly in the United States and Canada, there is a high awareness of the importance of AEDs due to governmental policies and public health initiatives that promote AED training and accessibility. Many public places, such as schools, airports, and sports facilities, must have AEDs. This region shows a mature market with steady growth, driven by well-established healthcare infrastructure and stringent regulations that encourage the deployment of AEDs. The EMEA region presents a mixed but growing AED market landscape. In Europe, countries such as the UK, Germany, and France have strong market penetration due to robust health and safety regulations and increasing public awareness campaigns. The Middle East shows potential growth due to improving healthcare infrastructure and rising health awareness. Africa, however, has lower penetration and adoption rates due to economic constraints and less developed healthcare systems, yet the market is slowly growing as awareness and infrastructure improve. The APAC region is rapidly growing in terms of AED market penetration, driven by increasing healthcare expenditures and government initiatives to improve emergency medical response systems. Countries such as Japan, Australia, and South Korea have high adoption rates owing to solid regulatory frameworks and public health campaigns. Meanwhile, emerging economies such as China and India present significant growth opportunities due to increasing urbanization, rising middle-class populations, and improving healthcare awareness.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Automated External Defibrillator Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers
- Increasing incidence of cardiac arrests
- Supportive regulatory policies enhancing market compliance

Market Restraints
- Lack of awareness and training

Market Opportunities
- Advancements in connectivity and integration technologies
- Expansion of R&D into wearable defibrillator solutions

Market Challenges
- Product recalls and associated safety concerns

Market Segmentation Analysis
- Type: Rising demand of fully automatic AEDs for analyzing heart rhythm
- End-user: Development of next generation automated external defibrillator for in-patient and out-patient settings

Market Disruption Analysis
Porter's Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Automated External Defibrillator Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Automated External Defibrillator Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Introduction of SCHILLER AG's FRED Easy G2, An Automated External Defibrillator

SCHILLER AG announced the launch of the FRED easy G2, an innovative automated external defibrillator that fulfilled CE certification standards per MDR regulations. Specifically designed to facilitate both basic and advanced life support, this versatile device is available in semi-automatic and fully automatic modes to cater to the varied expertise of users. The FRED easy G2 enhanced intervention efficiency with its compact and lightweight design, ensuring portability. [Published On: 2024-03-25]

Innovation in Emergency Medical Technologies as Stryker Launched LIFEPAK CR2 at Criticare 2024

At the Criticare National Conference in Kolkata, Stryker introduced LIFEPAK CR2, an Automated External Defibrillator. The LIFEPAK CR2 is designed to enhance the effectiveness of rescuers during sudden cardiac arrest by providing advanced CPR guidance and a rapid shock capability through its QUIK-STEP electrodes for swift deployment and an integrated Shock Advisory System that evaluates the need for defibrillation. This device also incorporated feedback mechanisms that adjust voice prompts based on real-time detection of CPR quality, ensuring optimal patient care during emergencies. [Published On: 2024-03-22]

Expansion of Safe Life AB in the U.S. Through Strategic Acquisitions of AED Authority and AED Market

Safe Life AB has significantly broadened its footprint in the United States' defibrillation sector by acquiring AED Authority and AED Market, following a successful integration with Coro Medical. These acquisitions enhanced Safe Life AB's portfolio, adding comprehensive AED program management through the AED Authority and extending accessibility of AEDs in public and private sectors via the AED Market. [Published On: 2023-11-13]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Automated External Defibrillator Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Automated External Defibrillator Market, highlighting leading vendors and their innovative profiles. These include AMI Italia S.r.l., BPL Medical Technologies Private Limited, CU Medical Systems, Inc., Fukuda Denshi Co.,Ltd., GE HealthCare Technologies Inc., GS Elektromedizinische Gerate G. Stemple GmbH, Koninklijke Philips N.V., Laerdal Medical AS, Mediana Co.,Ltd, Metrax GmbH, METsis Medikal, Nihon Kohden Corporation, OIARSO S COOP, Progetti Srl, Schiller AG, SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS CO., LTD., Stryker, Welch Allyn by Hillrom Company Inc., and ZOLL Medical Corporation by Asahi Kasei Corporation.

Market Segmentation & Coverage

This research report categorizes the Automated External Defibrillator Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Fully Automatic
- Semi-Automatic

End-user
- Home Healthcare
- Hospitals
- Workplaces & Government Facilities

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

Product Code: MRR-5D693B46C820

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing incidence of cardiac arrests
  - 5.1.1.2. Supportive regulatory policies enhancing market compliance
- 5.1.2. Restraints
  - 5.1.2.1. Lack of awareness and training
- 5.1.3. Opportunities
  - 5.1.3.1. Advancements in connectivity and integration technologies
  - 5.1.3.2. Expansion of R&D into wearable defibrillator solutions
- 5.1.4. Challenges
  - 5.1.4.1. Product recalls and associated safety concerns
5.2. Market Segmentation Analysis
- 5.2.1. Type: Rising demand of fully automatic AEDs for analyzing heart rhythm
- 5.2.2. End-user: Development of next generation automated external defibrillator for in-patient and out-patient settings
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Automated External Defibrillator Market, by Type

6.1. Introduction
6.2. Fully Automatic
6.3. Semi-Automatic

7. Automated External Defibrillator Market, by End-user

7.1. Introduction
7.2. Home Healthcare
7.3. Hospitals
7.4. Workplaces & Government Facilities

8. Americas Automated External Defibrillator Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Automated External Defibrillator Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Automated External Defibrillator Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. Market Share Analysis, 2023
11.2. FPNV Positioning Matrix, 2023
11.3. Competitive Scenario Analysis
- 11.3.1. Introduction of SCHILLER AG's FRED Easy G2, An Automated External Defibrillator
- 11.3.2. Innovation in Emergency Medical Technologies as Stryker Launched LIFEPAK CR2 at Criticare 2024
- 11.3.3. Expansion of Safe Life AB in the U.S. Through Strategic Acquisitions of AED Authority and AED Market
11.4. Strategy Analysis & Recommendation

12. Competitive Portfolio

12.1. Key Company Profiles
12.2. Key Product Portfolio