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According to Technavio’s automated external defibrillator market research report, the rising prevalence of SCAs coupled with the growing aging population will be few of the factors impelling the automated external defibrillator market growth during the next few years. With the increasing number of cardiac arrest cases across the advanced and emerging economies, the demand for defibrillators has increased considerably in recent years.
With growing age, the chances of cardiac arrests are also increased. In 2017, over 653 million people across the globe were above 65 years of age and the number is likely to increase to over 810 million by 2025. Furthermore, the increasing instances of coronary artery disease (CAD), obesity, and diabetes are also on the rise, in turn, driving the demand for automated external defibrillators in the forthcoming years. According to the automated external defibrillator industry forecast, our analysts have predicted that the automated external defibrillator market will register a CAGR of more than 8% by 2022.
With the growing digitization, vendors in the automated external defibrillator market are focusing on upgrading theses AED machines with advanced features such as rechargeable batteries, voice prompts, CPR tutorials, LCD screens, and other new types of shocks. Vendors such as Rapid Response Revival developed the first mobile phone defibrillator which is expected to provide instructions on how to perform CPR. Moreover, vendors in the market are increasing the focus on using drones to carry these defibrillators, in turn, improving the chances of survival by arriving faster than emergency medical services. According to our industry research analysts, such rising technological advances will be gaining traction in the market during the next few years.
With the presence of a few established vendors, this market appears to be concentrated. By providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies, this defibrillator market research report will help clients identify new growth opportunities and design unique growth strategies. Additionally, the automated external defibrillator market research report also recommends areas the companies should focus on to enhance their customer base across various geographies.
The SAEDs was the major product segment of this market during 2017. According to the defibrillators market research report, the segment will continue to have the highest automated external defibrillator market share throughout the forecast period.
Our analysts have estimated that during 2017, the Americas accounted for the maximum growth of the automated external defibrillator market. With growing aging population and increasing awareness of these devices among the consumers in the advanced economies such as the US, this region will account for the maximum growth of this market during the next few years as well.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY PRODUCT
PART 08: CUSTOMER LANDSCAPE
PART 09: MARKET SEGMENTATION BY END-USER
PART 10: REGIONAL LANDSCAPE
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDS
PART 14: VENDOR LANDSCAPE
PART 15: VENDOR ANALYSIS
PART 16: APPENDIX
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