1. Market Research
  2. > Healthcare
  3. > Medical Device
  4. > Patient Monitoring Market Trends
Automated External Defibrillator Market

Automated External Defibrillator Market

  • December 2019
  • 241 pages
  • ID: 5842968
  • Format: PDF
  • By Prescient & Strategic Intelligence Private Limited

Summary

Table of Contents

Automated External Defibrillator (AED) Market Research Report: By Type (Wearable, Non-Wearable), Technology (Semi-Automatic, Fully Automatic), Patient Type (Adult, Pediatric), End User (Hospitals, Clinics and Cardiac Centers, Pre-Hospital Care and Emergency, Public Access Settings, Homecare Settings) - Industry Analysis and Growth Forecast to 2030

The global automated external defibrillators market is projected to observe significant growth during the forecast period, mainly due to increasing prevalence of sudden cardiac arrest (SCA) and rising awareness about the benefits of using AEDs in SCA and other arrhythmic conditions. AEDs are compact devices that deliver electric shock to resynchronize the patient’s heart beat suffering from SCA. These devices do not require trained professionals to treat patients; an untrained bystander can also use the device to help patients in case of an emergency.
Fully automated and semi-automated external defibrillators are the two different types of AEDs used to deliver electric shock to resynchronize a patient’s heart beat suffering from SCA. Of these, fully automated AED held the larger share in the global automated external defibrillators market in 2017. The market for these products is expected to observe notable growth during the forecast period, mainly due to increasing adoption of fully automated AED in public access and home settings, globally.
Based on size, the automated external defibrillators market is categorized into standard and pediatric AEDs. Standard AED is expected to hold the largest share in the global market. This category is also expected to observe significant growth during the forecast period, owing to the increasing demand of AEDs from adult patients suffering from SCA.
On the basis of end user, the automated external defibrillators market is categorized into hospitals and clinics, public access settings, pre-hospital settings and home care settings. Hospitals and clinics as an end-user category dominate this market and are predicted to continue with this trend in the coming years, mainly due to the growing patient population with cardiac arrest, which in turn, is contributing toward the high demand for AEDs. However, public access settings is expected to be the fastest growing end-user category in this market, due to increasing government initiatives to raise awareness about the advanced AEDs.
Geographically, North America held the largest share in the automated external defibrillators market in 2017, followed by Europe. The North American market is primarily driven by rising number of government initiatives to increase awareness and trainings about defibrillators; presence of large number of players, and increasing number of SCA cases.
Cardiac Canada, HeartSafe, and AED Authority Canada are the key distributors in Canada, primarily focusing on distributing AED products and providing training to operate these devices. Cardiac Canada provides AED maintenance programs, in which, a Cardiac Science Corporation’s technician performs technical check-up, and replaces expired disposables and components with new one. These disposables and components include adult and pediatric electrodes, batteries and ready kits.
The automated external defibrillators market in Asia-Pacific is expected to grow at the fastest pace during the forecast period. This can be ascribed to the increasing healthcare expenditure, increasing awareness about technologically advanced AEDs, and growing prevalence of cardiovascular diseases in the region.
Increasing prevalence of SCA, growing geriatric population, technological advancements, and surging government initiatives in collaboration with market players are some of the notable factors driving the growth of the automated external defibrillators market.
It has been observed that several factors, such as sedentary lifestyle, modern dietary patterns, smoking habits, and growing obesity rates lead to high prevalence of heart related ailments in all age groups. The American Heart Association (AHA) report, published in 2018 stated that, one out of every three deaths in the U.S. is caused due to cardiovascular diseases (CVDs), with CVDs accounting for approximately 836,546 deaths in the U.S. every year. This increasing prevalence of heart related diseases is bound to escalate the demand for AEDs in the coming years.
Among various CVD, a majority of deaths are caused by coronary heart disease (CHD), followed by stroke and heart failure. SCA is the third leading cause of death in the U.S. Although, death rates due to stroke have been declining for past few years, cardiac stroke still accounts for one in every 20 deaths in the country. In addition, according to the European Resuscitation Council, SCA causes nearly 20% of all deaths in Europe. Thus, with the increasing SCA cases, the market demand for AED is expected to increase in the coming years.
Growing geriatric population is also positively impacting the growth of the automated external defibrillators market. With the increasing aging population, a large number of people become susceptible to chronic diseases, including cardiac cases. According to an article published by the National Center for Biotechnology Information (NCBI), “Causes and prevention of sudden cardiac death in the elderly”, in 2013, SCA is a major cause of mortality in elders, due to the high prevalence of coronary heart disease, systolic dysfunction, and congestive heart failure (CHF).
However, lack of awareness about the advancements in AEDs, stringent regulatory requirements, and high cost of AEDs are the major factors hindering the growth of the AED Market.
Key players in the automated external defibrillators industry are taking initiatives to educate and promote people about the benefits and usage of AEDs, by providing educational tools and apps for the use of their AEDs. For instance, Koninklijke Philips N.V. offers AEDs, such as HeartStart FR3, HeartStart OnSite, and Philips HeartStart Home. Philips HeartStart Home is available without a prescription, and has life guidance features, such as voice prompts and CPR coaching for guiding the user. The company also provides defibrillator/ monitors including HeartStart MRx for hospitals and emergency care.
Furthermore, the players are introducing advanced AEDs and their accessories. For instance, in February 2018, Defibtech LLC received a premarket approval application (PMA) approval for all Lifeline and ReviveR AED models offered for sale in the U.S.
Some of the other players in the automated external defibrillators market include Nihon Kohden Corporation, Cardiac Science Corporation, Physio Control Inc., Zoll Medical Corporation (Asahi Kasei Corporation).
The study provides historical as well the forecast market size data for various countries including the U.S., Canada, Germany, France, Italy, Spain, U.K., Japan, China, India, Brazil, Mexico, Saudi Arabia, South Africa.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.

ref:plp2019

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on