External Defibrillators Market 2022 Asia-Pacific is projected to be the fastest growing region throughout the analysis period

External Defibrillators Market by Product Type [Manual External Defibrillator, Automated External Defibrillator (AED), and Wearable Cardioverter Defibrillator (WCD)] and Geography (North America, Europe, Asia-Pacific, and LAMEA) – Global Opportunity Analysis and Industry Forecast, 2016-2023

External Defibrillators Market report, published by Allied Market Research, forecasts that the global market was valued at $4,345 million in 2016 and is expected to garner $7,512 million by 2023, registering a CAGR of 7.8% during the forecast period 2017 – 2023. Automated External defibrillators (AEDs) segment accounted for more than five-sevenths share of the global market in 2016.

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Automated external defibrillator segment dominated the global market in 2016, in terms of value and volume both, and is expected to maintain this trend throughout the analysis period. This is primarily because of the increase in installations at public places such as schools, work place, airports, sports arenas, government offices, and other public or private places, where large people with high risk of heart attack gather. The growth in demand for AEDs in the developed economies such as North America and Europe further boost the market growth.

However, Asia-Pacific is projected to be the fastest growing region throughout the analysis period. Japan being the leader in the Asia-Pacific external defibrillator market, where the country contributes solely for the AEDs market share. This is mainly due to the rise in awareness regarding the early prevention of sudden cardiac arrest. Also, improvement in healthcare infrastructures and rise in expenditures in the emerging markets (such as India and China) to overcome the unmet medical needs in these countries boost the market growth. Technological advancements for cost-effective devices in these nations offer a lucrative opportunity for the defibrillator market growth.

Key Findings of External Defibrillators Market:

  • In 2016, automated external defibrillators (AEDs) led the overall external defibrillator market revenue, and is projected to grow at a CAGR of 7.8% during the forecast period.
  • The AEDs segment occupied the highest share in 2016, and is expected to grow at a CAGR of 12.8%, in terms of volume.
  • North America was the leading consumer of external defibrillators in 2016, both in terms of value and volume, followed by Europe.
  • Japan is expected to lead market in the Asia-Pacific region in 2016, growing at a CAGR 8.9% from 2017-2023.

Key players operating in the market include Nihon Kohden Corporation, Cardiac Science Corporation, Philips Healthcare, HeartSine Technologies LLC., ZOLL Medical Corporation, Mindray Medical International Limited, Defibtech, Llc, Physio-Control, Inc., GE Healthcare, and Schiller Ag.

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External Defibrillators Market Key Segments:

By Product Type

  • Manual External Defibrillator
  • Automated External Defibrillator (AED)
    • Semi-Automated External Defibrillator
    • Fully Automated Defibrillator
  • Wearable Cardioverter Defibrillator (WCD)

By End User

  • Hospitals
  • Pre-Hospitals
  • Public Access Market
  • Alternate Care Market
  • Home

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 About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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