The Asia Pacific Automated External Defibrillator Market would witness market growth of 10.4% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 2,117.8 hundred units, showcasing a growth of 9.7% (2019-2022).
Fully automated Automated External Defibrillators (AEDs) are advanced medical devices designed to provide rapid and accurate assistance during sudden cardiac arrest (SCA) emergencies. One key use of fully automated AEDs lies in their user-friendly nature, making them accessible to individuals without extensive medical training. These devices are equipped with intuitive interfaces and automated voice prompts, guiding users through the defibrillation process step-by-step. Therefore, the India market would consume 667.8 hundred units Fully automated AEDs in the market by 2030.
The China market dominated the Asia Pacific AED Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $215.9 million by 2030. The Japan market is registering a CAGR of 9.7% during (2023 - 2030). Additionally, The India market is expected would showcase CAGR of 11.1% during (2023 - 2030).
One of the key drivers behind the adoption of AEDs is the growing awareness of the importance of immediate defibrillation in cases of sudden cardiac arrest. Public awareness campaigns, educational initiatives, and training programs have been crucial in disseminating information about AEDs and their life-saving capabilities. The accessibility and adoption of AEDs are closely tied to the availability of training programs for the public.
Efforts by healthcare organizations, community groups, and regulatory bodies to provide CPR and AED training have empowered individuals to take an active role in emergencies. Training initiatives often focus on building confidence in AEDs, emphasizing their user-friendly design and the importance of rapid intervention during sudden cardiac arrest. Many organizations have adopted AEDs and incorporated them into their emergency response plans as part of workplace safety initiatives.
Artificial intelligence algorithms integrated into AEDs contribute to the improved detection of cardiac events in India. According to Invest India, India, the third-largest pool of artificial intelligence talent, has enormous potential for an AI revolution. Investments in India’s AI capabilities have grown by 30.8% and are predicted to reach $881 million by 2023. By 2025, the Indian AI industry will be valued at $7.8 billion, or 60% of AI’s Gross Value Added (GVA) in India’s GDP. Therefore, due to the above-mentioned factors, the automated external defibrillator market will grow significantly in this region.
Free Valuable Insights: The Global Automated External Defibrillator Market is Predict to reach USD 3.1 Billion by 2030, at a CAGR of 9.6%
Based on Product, the market is segmented into Fully-automated, and Semi-automated. Based on End-use, the market is segmented into Hospital, Pre Hospital, Public Access, Homecare, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
By Product (Volume, Hundred Units, USD Billion, 2019-2030)
By End-use (Volume, Hundred Units, USD Billion, 2019-2030)
By Country (Volume, Hundred Units, USD Billion, 2019-2030)
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