Global Automated External Defibrillators Market to Reach US$2.4 Billion by 2030
The global market for Automated External Defibrillators estimated at US$1.5 Billion in the year 2024, is expected to reach US$2.4 Billion by 2030, growing at a CAGR of 8.3% over the analysis period 2024-2030. Semi-Automated External Defibrillators, one of the segments analyzed in the report, is expected to record a 9.9% CAGR and reach US$1.5 Billion by the end of the analysis period. Growth in the Fully-Automated External Defibrillators segment is estimated at 6.0% CAGR over the analysis period.
The U.S. Market is Estimated at US$401.7 Million While China is Forecast to Grow at 13.2% CAGR
The Automated External Defibrillators market in the U.S. is estimated at US$401.7 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$522.4 Million by the year 2030 trailing a CAGR of 13.2% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 4.1% and 8.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.6% CAGR.
Global Automated External Defibrillators Market - Key Trends & Drivers Summarized
How Are Automated External Defibrillators Saving Lives Globally?
Automated external defibrillators (AEDs) are life-saving devices designed to provide rapid defibrillation in cases of sudden cardiac arrest. These portable devices guide users through the defibrillation process with clear audio and visual instructions, enabling even untrained bystanders to respond effectively during emergencies. With advancements in technology, AEDs now include features such as real-time feedback, connectivity for data transmission, and pediatric settings. Their deployment in public spaces, workplaces, and homes is enhancing accessibility, significantly improving survival rates in cardiac emergencies.
What Trends Are Driving the AED Market?
Several trends are fueling the growth of the AED market. Increasing public awareness of cardiac health and first aid is driving demand for AEDs in public and private spaces. Technological advancements, including the integration of IoT for real-time monitoring and remote maintenance, are enhancing device reliability. Governments worldwide are implementing initiatives to mandate AED installations in public locations, further boosting adoption. Additionally, lightweight and portable AED designs are increasing their usability in both professional and non-professional settings.
Why Are AEDs Crucial in Emergency Medical Care?
AEDs are crucial in emergency medical care as they provide immediate intervention during sudden cardiac arrests, significantly improving survival chances. Their user-friendly design and automated analysis ensure that defibrillation is delivered only when necessary, reducing risks of inappropriate shocks. AEDs are also equipped with real-time guidance systems that provide CPR instructions, enhancing the quality of resuscitation efforts. These features make AEDs indispensable tools for first responders and bystanders in critical situations, bridging the gap until professional medical help arrives.
What Drives the Growth in the AED Market?
The growth in the AED market is driven by rising incidences of cardiovascular diseases, increasing public awareness of emergency medical interventions, and advancements in device technology. Regulatory mandates requiring AED installations in high-traffic areas are accelerating market expansion. The integration of connectivity features and improved battery life is enhancing AED performance and reliability. Furthermore, the availability of government funding and grants for public access defibrillation programs is encouraging widespread adoption. These factors collectively underscore the vital role of AEDs in modern healthcare.
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