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Automated External Defibrillators Market Global Industry Analysis Forecast - 2025

 



(Medical-NewsWire.com, October 16, 2017 ) The global automated external defibrillators market is projected to witness significant growth during the forecast period. Automated external defibrillator (AED) is a portable, lightweight electronic instrument that automatically diagnoses cardiac arrhythmia and delivers an electric shock to restore the heart’s normal rhythm. The market is primarily driven by factors such as increasing incidence of cardiovascular diseases and rising geriatric population around the world. Moreover, technological advancements in medical devices have enabled development of advanced external defibrillators leading to favorable adoption of these devices. According to the American Heart Association’s 2017 report, around 92.1 million adults are living with some form of cardiovascular disease or are suffering from the after effects of stroke in America. Moreover, every year, an estimated 790,000 people in the U.S. have heart attacks. Such high prevalence of cardiovascular diseases will largely contribute to the growth of automated external defibrillators market over coming years. However, factors such as lack of awareness about sudden cardiac arrest (SCA) can restrain the market growth during the forecast period.

Product Outlook and Trend Analysis

On the basis of technology, the automated external defibrillators market is segmented into semi-automated external defibrillators and fully automated external defibrillators. Fully automated external defibrillators are designed to deliver a shock automatically, if needed, eliminating the need for the user to push the button to deliver the shock. This can make the rescue attempt easier and result in quick delivery of life saving therapy to a patient encountering sudden cardiac arrest. Semi-automated external defibrillators are usually used in hospitals and pre-hospital settings to be used by healthcare providers and emergency response personnel.

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Automated External Defibrillators Market, By Product, Estimates and Forecast, 2016-2025 ($Million)

Fully Automated External Defibrillators
Semi-automated External Defibrillators

Automated External Defibrillators Market, By End User, Estimates and Forecast, 2016-2025 ($Million)

Hospitals
Prehospitals
Alternative Care Market
Public Access Market
Others

Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

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About Crystal Market Research

Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

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