Automated External Defibrillator (AED) Market by Type (Wearable, Non-Wearable) by Technology (Semi-Automatic, Fully-Automatic) by End-User (Hospitals, Clinics and Cardiac Centers, Public Access & Homecare Settings, Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Published Date: 03-Feb-2021 Category: Automotive Report Format : PDF Pages: 110 Report Code: ZMR-5765 Status : Published

The AED market is set for a rapid growth over the forecast period. In terms of revenue, the global AED market accounted for USD 1,519.05 Million in 2019 and is expected to reach USD 2,475.68 Million by 2026, growing at a CAGR of 7.23%

Description

The AED market is set for a rapid growth over the forecast period. In terms of revenue, the global AED market accounted for USD 1,519.05 Million in 2019 and is expected to reach USD 2,475.68 Million by 2026, growing at a CAGR of 7.23%

Global AED Market: Overview

An automatic external defibrillator is a lightweight, compact system that delivers an electrical shock to the heart through the chest. An electrical shock will potentially interrupt an abnormal heartbeat and enable a normal rhythm to recover after a sudden cardiac arrest (SCA). 

The tendency towards external implantable system defibrillators has increased manufacturers' focus on less costly and easy-to-operate devices that could be used in homes without any technological expertise. For example, Stryker Corporation introduced the LIFEPAK CR2 defibrillator in the United States in April 2019. The system has been equipped with a program manager for LIFELINKcentral AED that enables chest compressions to proceed during electrocardiogram (ECG) examination and improves hands-on time to minimize the longest cardiopulmonary resuscitation (CPR) delays, which can boost the outcome of survival. Trending and attracting buyers are the latest advances in the field of AED, thereby having a significant positive effect on the automated external defibrillator market.

Global AED Market: Growth Factors

The elderly population plays a key role worldwide in rising demand for AEDs. After Japan and China, the United states has the third highest aging population. The overall number of Americans aged 65 years or older is projected to rise two-fold, from 2014 to 2060, according to the survey of 2018 Population Reference Bureau. Older people tend to become more vulnerable to chronic diseases, primarily cardiovascular diseases, with increasing age.

According to the article published by the National Center for Biotechnology Information (NCBI). In 2013, unexpected cardiac arrest was a significant cause of death in the elderly in the United states, due to the high prevalence of systolic dysfunction, congestive heart failure, and coronary heart disease. The article also mentioned the link between sudden or unexpected cardiac arrest with the growing age. Therefore, this increasingly high aging population would lead to high adoption of different types of AED, which would further fuel the demand for automated external defibrillators.

Global AED Market: Segmentation

Based on the product type, the AED market in the non-wearable segment is expected to rise faster in the near future. This is due to the fact that non-wearable devices are user-friendly, easy to manage and need less maintenance.

On the basis of technology, the fully automatic group held the largest market share for automated external defibrillators, with a significant share, in 2019. Fully automated AEDs are ideally suited for patients undergoing sudden cardiac arrest who need little or no technical details, minimize the time for shock recovery, and do not need any mechanical force while performing the procedure. All these factors are contributing to the market growth throughout the forecast period.

Homecare settings are anticipated to grow at a fastest rate, owing to rising awareness about the incidence of sudden cardiac arrests and significance of AEDs to save a life after a cardiac arrest. This provides sufficient opportunity for the use of these technologies in home care settings.

Global AED Market: Regional Analysis

By Geography, the AED market is segmented into North America, Europe, Latin America, Asia Pacific, and Middle East and Africa.

North America is expected to lead the AED market during the forecast period. The involvement of key players and the customer understanding of the safe use and benefits of AEDs are some of the key factors fueling the growth of the market in North America. In addition, better healthcare facilities and emerging elderly population also play a vital role in the growth of the sector.

Due to the growing incidence of coronary artery diseases and a large proportion of sudden cardiac arrests, Europe is estimated to follow North America, with increasing investment by organizations operating in the region.

The APAC automated external defibrillator industry is forecasted to experience the fastest growth during the forecast period, mainly due to the development of healthcare infrastructure in the region and the rising emphasis of market players on corporate investment in developing economies such as China and India.

Global AED Market: Competitive Players

The major players in the global AED market include Stryker Corporation, Koniklijke Philips N.V., ZOLL Medical Corporation, Nihon Kohden Corporation., Shenzhen Mindray Bio-Medical Electronics Co. Ltd., SCHILLER AG, Mediana Co. Ltd., CU Medical System Inc. and Opto Circuits Limited among others.

The report segment of global AED market are as follows:

Global AED Market: Type Segment Analysis

  • Wearable
  • Non-Wearable

Global AED Market: Technology Segment Analysis

  • Semi-Automatic
  • Fully-Automatic

Global AED Market: End-User Segment Analysis

  • Hospitals
  • Clinics and Cardiac Centers
  • Public Access & Homecare Settings
  • Others

Global AED Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description
      • 1.1.1. Objective
      • 1.1.2. Target Audience
      • 1.1.3. Unique Selling Proposition (USP) & Offerings
    • 1.2. Research Scope
    • 1.3. Research Methodulogy
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodulogy
      • 1.3.3. Level 1: Primary Research
      • 1.3.4. Level 2: Secondary Research
      • 1.3.5. Level 3: Data Validation and Expert Panel Assessment Report Description and Scope
  • Chapter 2. Executive Summary
    • 2.1. Global AED Market, 2016-2026, (USD Million)
    • 2.2. AED Market: Market snapshot
  • Chapter 3. Global AED Market – Industry Analysis
    • 3.1. Introduction
    • 3.2. Industry ecosystem analysis
    • 3.3. Technulogy landscape
    • 3.4. Market Drivers
      • 3.4.1. North America
      • 3.4.2. Europe
      • 3.4.3. Asia Pacific
      • 3.4.4. Latin America
      • 3.4.5. MEA
    • 3.5. Restraints
    • 3.6. Opportunity
    • 3.7. Innovation & sustainability
    • 3.8. Regulatory landscape
    • 3.9. Porter’s Five Forces Analysis
    • 3.10. PESTLE Analysis
    • 3.11. AED Market: Market Attractiveness Analysis
      • 3.11.1. Market Attractiveness Analysis by Type Segment
      • 3.11.2. Market Attractiveness Analysis by Technulogy Segment
      • 3.11.3. Market Attractiveness Analysis by End-User Segment
  • Chapter 4. Global AED Market - Competitive Landscape
    • 4.1. Company Market Share Analysis, 2019
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions and Mergers
      • 4.2.2. New Product Launch
      • 4.2.3. Agreements, Partnerships, Cullaborations and Joint Ventures
      • 4.2.4. Research & Development and Regional Expansion
  • Chapter 5. AED Market – Type Segment Analysis
    • 5.1. Global AED Market Revenue Share, by Type, 2019 & 2026 (USD Million)
    • 5.2. Global AED Market by Wearable, 2016 – 2026 (USD Million)
    • 5.3. Global AED Market by Non-Wearable, 2016 – 2026 (USD Million)
  • Chapter 6. AED Market – Technulogy Segment Analysis
    • 6.1. Global AED Market Revenue Share, by Technulogy, 2019 & 2026 (USD Million)
    • 6.2. Global AED Market by Semi-Automatic, 2016 – 2026 (USD Million)
    • 6.3. Global AED Market by Fully-Automatic, 2016 – 2026 (USD Million)
  • Chapter 7. AED Market – End-User Segment Analysis
    • 7.1. Global AED Market Revenue Share, by End-User, 2019 & 2026 (USD Million)
    • 7.2. Global AED Market by Hospitals, 2016 – 2026 (USD Million)
    • 7.3. Global AED Market by Clinics and Cardiac Centers, 2016 – 2026 (USD Million)
    • 7.4. Global AED Market by Public Access & Homecare Settings, 2016 – 2026 (USD Million)
    • 7.5. Global AED Market by Others, 2016 – 2026 (USD Million)
  • Chapter 8. AED Market - Regional Analysis
    • 8.1. Global AED Market: Regional Overview
      • 8.1.1. Global AED Market Revenue Share, By Region, 2019 & 2026 (USD Million)
    • 8.2. North America
      • 8.2.1. North America AED Market Revenue 2016 – 2026 (USD Million)
      • 8.2.2. North America AED Market Revenue, By Type, 2016 – 2026 (USD Million)
      • 8.2.3. North America AED Market Revenue, By Technulogy, 2016 – 2026 (USD Million)
      • 8.2.4. North America AED Market Revenue, By End-User, 2016 – 2026 (USD Million)
      • 8.2.5. U.S.
        • 8.2.5.1. U.S. AED Market Revenue, by Type, 2016 – 2026 (USD Million)
        • 8.2.5.2. U.S. AED Market Revenue, by Technulogy, 2016 – 2026 (USD Million)
        • 8.2.5.3. U.S. AED Market Revenue, by End-User, 2016 – 2026 (USD Million)
      • 8.2.6. Canada
        • 8.2.6.1. Canada AED Market Revenue, by Type, 2016 – 2026 (USD Million)
        • 8.2.6.2. Canada AED Market Revenue, by Technulogy, 2016 – 2026 (USD Million)
        • 8.2.6.3. Canada AED Market Revenue, by End-User, 2016 – 2026 (USD Million)
      • 8.2.7. Mexico
        • 8.2.7.1. Mexico AED Market Revenue, by Type, 2016 – 2026 (USD Million)
        • 8.2.7.2. Mexico AED Market Revenue, by Technulogy, 2016 – 2026 (USD Million)
        • 8.2.7.3. Mexico AED Market Revenue, by End-User, 2016 – 2026 (USD Million)
    • 8.3. Europe
      • 8.3.1. Europe AED Market Revenue 2016 – 2026 (USD Million)
      • 8.3.2. Europe AED Market Revenue, By Type, 2016 – 2026 (USD Million)
      • 8.3.3. Europe AED Market Revenue, By Technulogy, 2016 – 2026 (USD Million)
      • 8.3.4. Europe AED Market Revenue, By End-User, 2016 – 2026 (USD Million)
      • 8.3.5. UK
        • 8.3.5.1. UK AED Market Revenue, by Type, 2016 – 2026 (USD Million)
        • 8.3.5.2. UK AED Market Revenue, by Technulogy, 2016 – 2026 (USD Million)
        • 8.3.5.3. UK AED Market Revenue, by End-User, 2016 – 2026 (USD Million)
      • 8.3.6. France
        • 8.3.6.1. France AED Market Revenue, by Type, 2016 – 2026 (USD Million)
        • 8.3.6.2. France AED Market Revenue, by Technulogy, 2016 – 2026 (USD Million)
        • 8.3.6.3. France AED Market Revenue, by End-User, 2016 – 2026 (USD Million)
      • 8.3.7. Germany
        • 8.3.7.1. Germany AED Market Revenue, by Type, 2016 – 2026 (USD Million)
        • 8.3.7.2. Germany AED Market Revenue, by Technulogy, 2016 – 2026 (USD Million)
        • 8.3.7.3. Germany AED Market Revenue, by End-User, 2016 – 2026 (USD Million)
      • 8.3.8. Italy
        • 8.3.8.1. Italy AED Market Revenue, by Type, 2016 – 2026 (USD Million)
        • 8.3.8.2. Italy AED Market Revenue, by Technulogy, 2016 – 2026 (USD Million)
        • 8.3.8.3. Italy AED Market Revenue, by End-User, 2016 – 2026 (USD Million)
      • 8.3.9. Spain
        • 8.3.9.1. Spain AED Market Revenue, by Type, 2016 – 2026 (USD Million)
        • 8.3.9.2. Spain AED Market Revenue, by Technulogy, 2016 – 2026 (USD Million)
        • 8.3.9.3. Spain AED Market Revenue, by End-User, 2016 – 2026 (USD Million)
      • 8.3.10. Russia
        • 8.3.10.1. Russia AED Market Revenue, by Type, 2016 – 2026 (USD Million)
        • 8.3.10.2. Russia AED Market Revenue, by Technulogy, 2016 – 2026 (USD Million)
        • 8.3.10.3. Russia AED Market Revenue, by End-User, 2016 – 2026 (USD Million)
      • 8.3.11. Rest of Europe
        • 8.3.11.1. Rest of Europe AED Market Revenue, by Type, 2016 – 2026 (USD Million)
        • 8.3.11.2. Rest of Europe AED Market Revenue, by Technulogy, 2016 – 2026 (USD Million)
        • 8.3.11.3. Rest of Europe AED Market Revenue, by End-User, 2016 – 2026 (USD Million)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific AED Market Revenue 2016 – 2026 (USD Million)
      • 8.4.2. Asia Pacific AED Market Revenue, By Type, 2016 – 2026 (USD Million)
      • 8.4.3. Asia Pacific AED Market Revenue, By Technulogy, 2016 – 2026 (USD Million)
      • 8.4.4. Asia Pacific AED Market Revenue, By End-User, 2016 – 2026 (USD Million)
      • 8.4.5. China
        • 8.4.5.1. China AED Market Revenue, by Type, 2016 – 2026 (USD Million)
        • 8.4.5.2. China AED Market Revenue, by Technulogy, 2016 – 2026 (USD Million)
        • 8.4.5.3. China AED Market Revenue, by End-User, 2016 – 2026 (USD Million)
      • 8.4.6. Japan
        • 8.4.6.1. Japan AED Market Revenue, by Type, 2016 – 2026 (USD Million)
        • 8.4.6.2. Japan AED Market Revenue, by Technulogy, 2016 – 2026 (USD Million)
        • 8.4.6.3. Japan AED Market Revenue, by End-User, 2016 – 2026 (USD Million)
      • 8.4.7. India
        • 8.4.7.1. India AED Market Revenue, by Type, 2016 – 2026 (USD Million)
        • 8.4.7.2. India AED Market Revenue, by Technulogy, 2016 – 2026 (USD Million)
        • 8.4.7.3. India AED Market Revenue, by End-User, 2016 – 2026 (USD Million)
      • 8.4.8. Australia
        • 8.4.8.1. Australia AED Market Revenue, by Type, 2016 – 2026 (USD Million)
        • 8.4.8.2. Australia AED Market Revenue, by Technulogy, 2016 – 2026 (USD Million)
        • 8.4.8.3. Australia AED Market Revenue, by End-User, 2016 – 2026 (USD Million)
      • 8.4.9. South Korea
        • 8.4.9.1. South Korea AED Market Revenue, by Type, 2016 – 2026 (USD Million)
        • 8.4.9.2. South Korea AED Market Revenue, by Technulogy, 2016 – 2026 (USD Million)
        • 8.4.9.3. South Korea AED Market Revenue, by End-User, 2016 – 2026 (USD Million)
      • 8.4.10. Rest of Asia Pacific
        • 8.4.10.1. Rest of Asia Pacific AED Market Revenue, by Type, 2016 – 2026 (USD Million)
        • 8.4.10.2. Rest of Asia Pacific AED Market Revenue, by Technulogy, 2016 – 2026 (USD Million)
        • 8.4.10.3. Rest of Asia Pacific AED Market Revenue, by End-User, 2016 – 2026 (USD Million)
    • 8.5. Latin America
      • 8.5.1. Latin America AED Market Revenue 2016 – 2026 (USD Million)
      • 8.5.2. Latin America AED Market Revenue, By Type, 2016 – 2026 (USD Million)
      • 8.5.3. Latin America AED Market Revenue, By Technulogy, 2016 – 2026 (USD Million) Latin America AED Market Revenue, By End-User, 2016 – 2026 (USD Million)
      • 8.5.4. Brazil
        • 8.5.4.1. Brazil AED Market Revenue, by Type, 2016 – 2026 (USD Million)
        • 8.5.4.2. Brazil AED Market Revenue, by Technulogy, 2016 – 2026 (USD Million)
        • 8.5.4.3. Brazil AED Market Revenue, by End-User, 2016 – 2026 (USD Million)
      • 8.5.5. Argentina
        • 8.5.5.1. Argentina AED Market Revenue, by Type, 2016 – 2026 (USD Million)
        • 8.5.5.2. Argentina AED Market Revenue, by Technulogy, 2016 – 2026 (USD Million)
        • 8.5.5.3. Argentina AED Market Revenue, by End-User, 2016 – 2026 (USD Million)
      • 8.5.6. Rest of Latin America
        • 8.5.6.1. Rest of Latin America AED Market Revenue, by Type, 2016 – 2026 (USD Million)
        • 8.5.6.2. Rest of Latin America AED Market Revenue, by Technulogy, 2016 – 2026 (USD Million)
        • 8.5.6.3. Rest of Latin America AED Market Revenue, by End-User, 2016 – 2026 (USD Million)
    • 8.6. Middle East & Africa
      • 8.6.1. Middle East & Africa AED Market Revenue 2016 – 2026 (USD Million)
      • 8.6.2. Middle East & Africa AED Market Revenue, by Type, 2016 – 2026 (USD Million)
      • 8.6.3. Middle East & Africa AED Market Revenue, by Technulogy, 2016 – 2026 (USD Million)
      • 8.6.4. Middle East & Africa AED Market Revenue, by End-User, 2016 – 2026 (USD Million)
      • 8.6.5. GCC Countries
        • 8.6.5.1. GCC Countries AED Market Revenue, by Type, 2016 – 2026 (USD Million)
        • 8.6.5.2. GCC Countries AED Market Revenue, by Technulogy, 2016 – 2026 (USD Million)
        • 8.6.5.3. GCC Countries AED Market Revenue, by End-User, 2016 – 2026 (USD Million)
      • 8.6.6. South Africa
        • 8.6.6.1. South Africa AED Market Revenue, by Type, 2016 – 2026 (USD Million)
        • 8.6.6.2. South Africa AED Market Revenue, by Technulogy, 2016 – 2026 (USD Million)
        • 8.6.6.3. South Africa AED Market Revenue, by End-User, 2016 – 2026 (USD Million)
      • 8.6.7. Rest of MEA
        • 8.6.7.1. Rest of MEA AED Market Revenue, by Type, 2016 – 2026 (USD Million)
        • 8.6.7.2. Rest of MEA AED Market Revenue, by Technulogy, 2016 – 2026 (USD Million)
        • 8.6.7.3. Rest of MEA AED Market Revenue, by End-User, 2016 – 2026 (USD Million)
  • Chapter 9. Company Profiles
    • 9.1. Stryker Corporation
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product portfulio
      • 9.1.4. Business strategy
      • 9.1.5. Recent developments
    • 9.2. *Same information will be provided for below mentioned companies*
    • 9.3. Koniklijke Philips N.V.
    • 9.4. ZOLL Medical Corporation
    • 9.5. Nihon Kohden Corporation.
    • 9.6. Shenzhen Mindray Bio-Medical Electronics Co. Ltd.
    • 9.7. SCHILLER AG
    • 9.8. Mediana Co. Ltd.
    • 9.9. CU Medical System Inc.
    • 9.10. Opto Circuits Limited
    • 9.11. Others

Methodology


Frequently Asked Questions

The elderly population plays a key role worldwide in rising demand for AEDs. After Japan and China, the United states has the third highest aging population. The overall number of Americans aged 65 years or older is projected to rise two-fold, from 2014 to 2060, according to the survey of 2018 Population Reference Bureau. Older people tend to become more vulnerable to chronic diseases, primarily cardiovascular diseases, with increasing age.

According to the article published by the National Center for Biotechnology Information (NCBI). In 2013, unexpected cardiac arrest was a significant cause of death in the elderly in the United states, due to the high prevalence of systolic dysfunction, congestive heart failure, and coronary heart disease. The article also mentioned the link between sudden or unexpected cardiac arrest with the growing age. Therefore, this increasingly high aging population would lead to high adoption of different types of AED, which would further fuel the demand for automated external defibrillators.

According to Zion Market Research, the AED market is expected to generate revenue of around USD 2,475.68 Million by the end of 2026, growing at a CAGR of 7.23%.

By Geography, the AED market is segmented into North America, Europe, Latin America, Asia Pacific, and Middle East and Africa.

North America is expected to lead the AED market during the forecast period. The involvement of key players and the customer understanding of the safe use and benefits of AEDs are some of the key factors fueling the growth of the market in North America. In addition, better healthcare facilities and emerging elderly population also play a vital role in the growth of the sector.

Due to the growing incidence of coronary artery diseases and a large proportion of sudden cardiac arrests, Europe is estimated to follow North America, with increasing investment by organizations operating in the region.

The APAC automated external defibrillator industry is forecasted to experience a fastest growth during the forecast period, mainly due to the development of healthcare infrastructure in the region and the rising emphasis of market players on corporate investment in developing economies such as China and India.

The major players in the global AED market include Stryker Corporation, Koniklijke Philips N.V., ZOLL Medical Corporation, Nihon Kohden Corporation., Shenzhen Mindray Bio-Medical Electronics Co. Ltd., SCHILLER AG, Mediana Co. Ltd., CU Medical System Inc. and Opto Circuits Limited among others.

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