Automated External Defibrillator Market

The global market value of the automated external defibrillator market was estimated to be USD 3.7 billion in 2024 and is projected to grow at a CAGR of 9.5% during the forecast period. The increasing number of sudden cardiac arrest cases, along with technological advancements and government initiatives for installing AEDs, are driving market growth. The elevated risk of various heart conditions within the target population presents numerous opportunities for AEDs, particularly the development and utilization of at-home AEDs, to mitigate the risk of cardiac arrest among diverse populations.

Sudden cardiac arrests being the biggest cause of mortality worldwide and the increasing prevalence of cardiovascular diseases, attributed to factors like sedentary lifestyles, aging populations, and lifestyle-related conditions such as obesity and diabetes, underscore the critical need for immediate intervention tools like AEDs. Governments and health organizations are actively promoting the installation of AEDs in public spaces to enhance emergency response capabilities.

Growth Drivers

The COVID-19 pandemic significantly boosted the demand for external defibrillators despite the supply chain challenges and other hurdles brought by movement restrictions. There is a growing emphasis on educating the public about the importance of early defibrillation. Training programs and awareness campaigns are being conducted to empower individuals to use AEDs confidently, thereby increasing the likelihood of bystander intervention during cardiac emergencies. The AED market is witnessing significant growth in emerging economies, driven by improving healthcare infrastructure, rising awareness of cardiac health, and increasing government support.

The increasing number of supportive policies by governments, regulatory bodies, and healthcare organizations is anticipated to fuel the market growth over the forecast period. Public campaigns and educational initiatives improve recognition of sudden cardiac arrest, largely due to aging populations and lifestyle-related conditions like obesity and hypertension, which are driving growth in the market.

Modern AEDs are becoming more popular, user-friendly, and efficient, featuring innovations like voice prompts, lightweight design, dual-language support, and enhanced battery life. Some devices now incorporate connectivity features like Wi-Fi, GPS, and Bluetooth. Increasing demand for the installation of AEDs in public places to enhance emergency response capabilities.

Segmentation

External Defibrillators Product Segmentation

·         Manual External Defibrillators

·         Automated External Defibrillators

o   Semi-Automated ED

o   Fully Automated ED

·         Wearable Cardioverter Defibrillators

External Defibrillators End-user Segmentation

·         Hospital

·         Pre Hospital

·         Public Access Market

·         Alternate Care Market

·         Home Healthcare

By Region

·         Asia-Pacific

·         North America

·         Middle East and Africa

·         Latin America

·         Europe

Automated External Defibrillators Market End-User Market

On the basis of the end user, the automated external defibrillator market is segmented into hospitals. Pre-hospital, public access market, alternate care market, and home healthcare. Based on end-use, the hospital segment held the largest revenue share of over 26.01% in 2023. This is attributable to a higher volume of patients received in hospitals, growing adoption of external defibrillators by hospitals, and strategies implemented by key manufacturers. The cardiology units in the hospitals require defibrillators to manage patients facing cardiac-related problems.

The rising incidence of hypertension, diabetes, and strokes leading to SCA due to lack of physical activity, unhealthy dietary habits, and smoking is likely to drive demand for defibrillators in hospitals. Hospitals are the leading market segment due to the highest number of footfall over there. The public access segment is projected to witness the fastest CAGR over the forecast period owing to supportive initiatives by governments, regulatory agencies, and healthcare institutions to increase the availability of public access AEDs.

The Automated External Defibrillators (Public Access) Bill was introduced in the House of Commons of the UK Parliament in June 2021. If the bill receives royal assent, it would become mandatory to install defibrillators at public places such as sporting facilities, schools, skills facilities, buildings, and facilities that provide care to vulnerable people.

Regional Outlook

On the basis of the regions, the automated external defibrillator market is analyzed into 5 regions: Asia-Pacific, North America, Latin America, the Middle East and Africa, and Europe. North America is the leading region and is expected to dominate the market during the forecast period. Since the region is blessed with strong health infrastructure, the U.S. and Canada have advanced emergency medical services, hospital systems, and public health programs that support the widespread deployment and use of AEDs. AEDs are commonly available in public places like airports, schools, malls, and sports arenas. AEDs are also recommended over a manual defibrillator in low-acuity settings, including medical clinics and allied health and dental clinics.

Organizations like the American Heart Association and the Red Cross offer CPR and AED training to the public, increasing usage confidence. Public campaigns and educational initiatives improve recognition of sudden cardiac arrest, largely due to aging populations and lifestyle-related conditions like obesity and hypertension, which are driving growth in the market. The presence of key players in the market is driving the demand in the market significantly. Programs like the British Heart Foundation’s “Nation of Lifesavers—Call, Push, Rescue” promote compression-only CPR and AED use.

The European region, including countries like Germany, France, the UK, Italy, and Spain, is witnessing significant growth in the market due to lifestyle imbalance and diseases like diabetes and other chronic diseases. Cases of sudden cardiac arrest are increasing significantly and driving the growth in the market. The presence of various key players in European countries is driving growth in the market. Manual AEDs led in revenue in 2023, but automated AEDs are the fastest-growing segment. Fully automated AEDs held a larger share than semi-automated ones in 2022. Lack of awareness about AED operation, limited government intervention for public access AEDs, and poor healthcare infrastructure in parts of Africa restrain growth.

Lack of awareness about AED operation, limited government intervention for public access AEDs, and poor healthcare infrastructure in parts of Africa restrain growth. Rising cardiovascular disease rates, driven by lifestyle factors like unhealthy diets and sedentary habits, boost AED demand. The presence of key players in Latin America is the key factor behind the significant growth in the market.

Key Players

·         Koninklijke Philips N.V.

·         Stryker

·         ZOLL Medical Corporation

·         Nihon Kohden Corporation

·         Progetti Srl

·         Schiller AG

·         MS Westfalia GmbH

·         AMI Italia

·         Bexen Cardio

·         Silverline Meditech Pvt. Ltd.

·         Mediana Co., Ltd.

·         Shenzhen Mindray Bio-Medical Electronics

·         CU Medical

·         BPL Medical Technologies

·         Corpuls

·         Other Players