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Home » Press Releases » Automated External Defibrillator Market is poised to grow to USD 1596.38 Mn by 2030 with a CAGR of 9.4 %

Automated External Defibrillator Market is poised to grow to USD 1596.38 Mn by 2030 with a CAGR of 9.4 %


Published Date: Apr-2022 | Report Format:Electronic (PDF)

The report 'Global Automated External Defibrillator' Market by Analysis Type

(Fully automated External Defibrillators & Semi-automated External Defibrillators), By End User (Clinics, Hospitals, Home Care) and By Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America). With a market size of USD 650.07 Mn in 2020, the Global Automated External defibrillator Market Size will grow to USD 1596.38 Mn by 2030 with a CAGR of 9.4 %.

 

To know more about the report, Click on the link :-  https://www.strategicmarketresearch.com/market-report/automated-external-defibrillator-market

 

Key Factors that are expediting the Market growth

Product innovation and technological advancements, cost-effective pricing, the increasing incidence of cardiovascular diseases, better healthcare infrastructure & higher technological advancements are some of the driving factors of the market. 

 

By Type of Analysis Fully Automated Defibrillator ultrasound gel dominated the Market 

By Type of Analysis, the Fully Automated Defibrillator segment is expected to lead the market due to its user-friendly technology and convenience.

 

By End-User, the Hospital segment showed sheer dominance.

The expansive demand for ICD implantation in hospitals is the reason for the growth of this segment during the installation of defibrillators in business workplaces is projected to enhance the prospects of market growth. As a result, more cardiac patients are received in hospitals, and surgeries are performed in hospital settings. 

 

THE REGION OF NORTH AMERICA IS POISED TO DOMINATE THE MARKET

The high prevalence of cardiovascular disorders, increasing product approvals/launches, and growing adoption of expansion strategies by key market players were the reasons for the growth. As per AHA, around 50% of Americans suffer from some cardiovascular diseases (like coronary heart diseases and hypertension).

 

IMPORTANT MARKET PLAYERS:

The major players covered in the Global Automated External Defibrillator Market include Asahi Kasei Corporation, Koninklijke Philips NV, Nihon Kohden Corporation, Shenzhen Mindray Bio-Medical Electronics Co. Ltd, Schiller AG, Stryker Corporation, CU Medical System Inc., Mediana Co. Ltd, BPL Medical Technologies Pvt. Ltd, ViVest Medical, etc.

 

Recent Developments

  • In March 2022, ZOLL Launched a Next-Generation MCT, the solution to Improve Patient Management Decisions in the Largest-Ever MCT Trial.
  • In December 2021, SCHILLER, a Swiss corporation specialising in medical technology, created history. A defibrillator supplied by a drone saved the life of a patient suffering from cardiac arrest. 
  • In September 2021, Zoll external defibrillator (AED) models were introduced to penetrate the Thai market.
  • In March 2021, Nihon Kohden announced that it would unite and consolidate six local enterprises and expand its product range in neurology goods and treatment equipment as part of its three-year business plan. 
  • In February 2021 - Bharat Electronics Limited (BEL), a Navratna Defence PSU, and BPL Medical Technologies Pvt. Ltd has signed an MoU to collaborate on medical products and solutions to provide affordable health care for the country and leverage the Indian government's policy initiatives such as Make in India.
  • In June 2020, Philips received FDA premarket approval for its HeartStart FR3 and HeartStart FRx automated external defibrillators.
  • In July 2020, The X Series defibrillator built for EMS agencies was updated with new remote view technology from ZOLL Medical Corporation (an Asahi Kasei Group company).

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