External Defibrillators Market size is set to expand at 7.4% CAGR from 2023-2032 driven by the increasing emphasis on early defibrillation in emergency medical services and healthcare facilities.
The growing attention to reducing response times, enhancing prehospital care, and improving patient outcomes is surging the adoption of portable and user-friendly defibrillation devices in emergency medical settings. Furthermore, the ongoing advancements in defibrillator technology, including the development of automated external defibrillators (AEDs) with advanced features and smart functionalities for improved device usability and efficacy will contribute to market growth. For instance, in January 2023, Avive Solutions received pre-market approval from the U.S. FDA for Avive AEDTM, its innovative AED with advanced features, such as cellular, WiFi, GPS, and Bluetooth connection.
The external defibrillators industry is segmented into product, end-use, and region.
Based on product, the wearable external cardioverter defibrillators market is foreseen to gain significant traction between 2023 and 2032 attributed to their ability to provide continuous cardiac monitoring and prompt defibrillation therapy. The non-invasive and wearable designs coupled with the portability and user-friendly operations offered by wearable external cardioverter defibrillators is spurring their application in clinical and non-clinical settings.
Based on end-use, the external defibrillators industry from the prehospital care segment is likely to depict considerable growth from 2023-2032. The thriving need for prompt defibrillation in prehospital settings, including ambulances, emergency medical services, and first responder units is surging the demand for portable and user-friendly external defibrillators. Additionally, the increasing focus on improving patient outcomes, reducing response times, and enhancing emergency medical care is further contributing to the increasing product adoption in prehospital cardiac care and management.
Asia Pacific external defibrillators industry is estimated to witness robust growth through 2032. This is driven by the increasing prevalence of cardiovascular diseases, expanding geriatric population base, and the rising awareness of cardiac emergency management in the region. Moreover, the supportive regulatory policies, the government initiatives for promoting public awareness about sudden cardiac arrest management, and mandates for defibrillator installation in public spaces is driving the regional market growth. To cite an instance, in June 2023, the government of Uttar Pradesh in India announced plans to install AEDs at all malls, and government buildings to provide necessary first aid to patients in case of cardiac arrest.
Chapter 1 Methodology & Scope
1.1 Industry coverage
1.2 Market scope & definitions
1.3 Base estimates & working
1.3.1 Data collection
1.4 Forecast parameters
1.5 COVID-19 impact at global level
1.6 Data validation
1.7 Data sources
1.7.1 Primary
1.7.2 Secondary
1.7.2.1 Paid sources
1.7.2.2 Unpaid sources
Chapter 2 Executive Summary
2.1 External defibrillator industry 360 degree synopsis, 2018 - 2032
2.2 Business trends
2.3 Regional trends
2.4 Product trends
2.5 End-use trends
Chapter 3 External Defibrillator Industry Insights
3.1 Industry ecosystem analysis
3.2 Industry impact forces
3.2.1 Growth drivers
3.2.1.1 Rising prevalence of cardiac diseases
3.2.1.2 Technological advancements and introduction of innovative devices
3.2.1.3 Increasing public awareness
3.2.1.4 Surging demand for wearable cardioverter defibrillators
3.2.2 Industry pitfalls & challenges
3.2.2.1 High cost of the devices
3.2.2.2 Product recalls
3.3 Growth potential analysis
3.3.1 By product
3.3.2 By end-use
3.4 COVID-19 impact analysis
3.5 Regulatory landscape
3.5.1 U.S.
3.5.2 Europe
3.6 Reimbursement scenario
3.7 Pricing analysis, 2022
3.8 Product pipeline analysis
3.9 Technology landscape
3.10 Startup scenario
3.11 Gap analysis
3.12 Porter's analysis
3.13 PESTEL analysis
Chapter 4 Competitive Landscape, 2022
4.1 Introduction
4.2 Company matrix analysis, 2022
4.3 Company market share analysis, 2022
4.4 Competitive positioning matrix
4.5 Vendor matrix analysis
4.6 Strategy dashboard, 2022
Chapter 5 External Defibrillator Market Size and Forecast, By Product (USD Million & Units)
5.1 Key product trends
5.2 Manual External Defibrillator
5.3 Automated External Defibrillator
5.3.1 Semi-automated external defibrillator
5.3.2 Fully automated external defibrillator
5.4 Wearable External Cardioverter Defibrillator
Chapter 6 External Ddefibrillator Market Size and Forecast, By End-use (USD Million)
6.1 Key end-use trends
6.2 Hospitals
6.3 Prehospital Care
6.4 Ambulatory Surgical Centers
6.5 Others
Chapter 7 External defibrillator Market Size and Forecast, By Region (USD Million & Units)
7.1 Key regional trends
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 France
7.3.4 Spain
7.3.5 Italy
7.3.6 Poland
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Australia
7.4.5 South Korea
7.4.6 Indonesia
7.5 Latin America
7.5.1 Brazil
7.5.2 Mexico
7.5.3 Argentina
7.6 Middle East & Africa
7.6.1 South Africa
7.6.2 Saudi Arabia
7.6.3 UAE
Chapter 8 Company Profiles
8.1 Abbott Laboratories, Inc.
8.2 Boston Scientific Corporation
8.3 Koninklijke Philips
8.4 Stryker Corporation
8.5 Medtronic plc
8.6 LivaNova PLC
8.7 Asahi Kasei Corporation (ZOLL Medical Corporation)