Automated External Defibrillators Market Pegged for Robust Expansion by 2028

Stratview Research publishes a new report titled Automated External Defibrillators Market which is segmented by Technology (Semi-Automatic, Fully Automatic), by Size (Standard, Paediatric), by End User (Hospitals, Public Access, Emergency Medical Services, Homes, Private Cardiac Clinics), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Market Insights
The automated external defibrillators market was estimated at USD 1.71 billion in 2021 and is likely to grow at a CAGR of 7.05% during 2022-2028 to reach USD 2.77 billion in 2028.

What are automated external defibrillators?
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.

COVID-19 Impact
The Covid-19 outbreak impacted the growth of automated external defibrillators positively. With the rapid surge in covid-19 cases, healthcare facilities across geographies were focusing on treating patients infected with the coronavirus. This resulted in an increased need for automated defibrillators to ensure patients suffering from cardiac arrest could be provided with the best chances of survival.

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

Global Automated External Defibrillators Market Report Segments:
Based on end users, the market has been divided into hospitals, public access, emergency medical services, homes, and private cardiac clinics.
In 2021, the hospital's 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 the rise in the number of sudden cardiac arrest cases worldwide.

Based on technology type, the market is segmented as semi-automatic and fully automatic. The fully automatic segment is estimated to account for the major share of the market during the forecast period.

The market in North America accounted for the largest share of approximately 30% in 2021.
This was due to the increasing geriatric population, the rise in the number of people dying due to cardiac arrest, and the growing emphasis on technological advancement in defibrillators.
The market in the Asia-Pacific region is projected to register a healthy growth rate on account of rising product awareness among consumers and expanding the healthcare industry in developing countries.

Why is this report beneficial?
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
It also offers –
- Market Overview
- Key Manufacturers Profiles
- Market Analysis by Region
- Market Segment by Type
- Market Segment by Application
- Raw Material and Supply Chain
- Other Key Research Findings
All the data compiled by the market experts is the outcome of rigorous primary and secondary research conducted on the market players and reliable sources, including company white papers, journals, press releases, and more.

Key players active in the market –
The following are some of the key players in the Automated External Defibrillators Market:
• 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),
• Me¬trax GmbH (Germany), and
• Biotronik (Germany).

Read More: https://www.stratviewresearch.com/1596/automated-external-defibrillators-market.html

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