According to a new report, published by KBV research, The Global Automated External Defibrillator Market size is expected to reach $3.1 billion by 2030, rising at a market growth of 9.6% CAGR during the forecast period. In the year 2022, the market attained a volume of 8,765.9 hundred units, experiencing a growth of 9.0% (2019-2022).
Corporations and institutions increasingly recognize the importance of creating safer environments for employees, customers, and visitors. Many organizations have adopted AEDs and incorporated them into their emergency response plans as part of workplace safety initiatives. This proactive approach enhances the safety of individuals within the organization and sets a precedent for responsible corporate citizenship.
Global efforts and collaborations have been instrumental in addressing global health challenges, including sudden cardiac arrest. Non-profit organizations, governmental agencies, and global health initiatives have focused on making AEDs more accessible in low-resource settings and underserved communities. These initiatives aim to bridge the gap in AED distribution, ensuring that life-saving technology is available to populations around the world.
The Fully-automated segment is leading the Global Automated External Defibrillator Market by Product in 2022; thereby, achieving a market value of $2.2 billion by 2030. The primary use of fully-automated AEDs lies in their user-friendly operation. These devices are specifically designed to be used by individuals with little or no medical training. The automated nature of fully-automated AEDs simplifies the resuscitation process, making it accessible to bystanders, even those without medical expertise. The automation in fully-automated AEDs minimizes the potential for user error.
The Pre Hospital segment is experiencing a CAGR of 10.1% during (2023 - 2030). AEDs are standard equipment in ambulances and other emergency medical services (EMS) vehicles. The pre-hospital setting is often the first point of contact for individuals experiencing sudden cardiac arrest, and AEDs in ambulances allow for immediate defibrillation on-site. Community-wide PAD programs aim to deploy AEDs in public spaces like shopping malls, schools, airports, and sports arenas.
Full Report: https://www.kbvresearch.com/automated-external-defibrillator-market/
The North America region dominated the Global Automated External Defibrillator Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.2 billion by 2030. The Europe region is poised to grow a CAGR of 9.1% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 10.4% during (2023 - 2030).
By Product (Volume, Hundred Units, USD Billion, 2019-2030)
By End-use (Volume, Hundred Units, USD Billion, 2019-2030)
By Geography (Volume, Hundred Units, USD Billion, 2019-2030)
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