Automated External Defibrillators Market: In-depth Analysis, Demand Statistics & Competitive Outlook 2021-2026

SEP 28,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Automated External Defibrillators Market.

The Automated External Defibrillators Market is estimated to grow from USD 1.6 billion in 2020 to USD 2.4 billion by 2026 at a healthy CAGR of 7.1% during the forecast period.

Automated external defibrillators are defined as portable, life-saving devices which analyze the rhythm of the heart and treat people who experience sudden cardiac arrest. Cardiac arrest is a medical ailment wherein the heart stops beating. This device detects the problem and treats the same by delivering an electric shock to restore normal heart rhythm. These devices are of small size and thus, are easy to use.

Market Dynamics

The rapidly expanding aging population has also resulted in increased demands for automated external defibrillators.

  • The global market growth is primarily driven by an increase in the number of people suffering from cardiovascular diseases as a result of a busy lifestyle and unhealthy eating habits.
  • The rise in the number of people dying due to cardiac arrest is likely to fuel the demand for automated defibrillators at a significant rate.
  • Growing emphasis on technological advancement in these devices is expected to create lucrative opportunities for the players operating in the global automated external defibrillators market during the review period.
End User Trends

Based on end user, the market has been divided into hospitals, public access, emergency medical services, homes, and private cardiac clinics.

In 2020, the hospitals segment garnered the largest market share. The public access segment is likely to grow at a significant rate during the review period on account of rise in number of sudden cardiac arrest cases worldwide.

Regional Trends

The market in North America accounted for largest share of approximately 30% in 2020.

This was due to increasing geriatric population, rise in number of people dying due to cardiac arrest and growing emphasis on technological advancement in defibrillators.

The market in Asia-Pacific region is projected to register healthy growth rate on account of rising product awareness among consumers and expanding healthcare industry in the developing countries.

Key Players:

  • Koninklijke Philips N.V. (Netherlands),
  • Physio-Control Corporation (The U.S),
  • Asahi Kasei Medical Co., Ltd (Japan),
  • Nihon Kohden Corporation (Japan),
  • Schiller AG (Switzerland),
  • Mindray Medical International Limited (China),
  • GE Healthcare (The U.S),
  • Stryker Corporation (The U.S),
  • Cardiac Science Corporation (The U.S),
  • Zoll Medical Corporation (The U.S),
  • Me­trax GmbH (Germany), and
  • Biotronik (Germany).

Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Automated External Defibrillators Market analysis report discusses the following heads in great detail:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • COVID-19 Impact Assessment
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players
  • Key success factors
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Stratview Research is a leading global Market Research firm providing expert research solutions, trusted by clients worldwide. Stratview Research possesses a global presence to enable current Market information using the most up-to-date methodology, best-in-class research techniques, and cost-effective approaches. We survey clients in several countries to provide you with the most comprehensive illustration of global trends and behaviours.