Automated External Defibrillators Market Size, Share, Growth Analysis, By Technology(Semi-Automatic, and Fully Automatic), By Key Sizes(Standard, and Pediatric), By End User(Hospital, Public Access, Emergency Medical Service, Homes), By Region - Industry Forecast 2024-2031

Automated External Defibrillator Market size was valued at USD 17 billion in 2022 and is poised to grow from USD 18.8 billion in 2023 to USD 39.1 billion by 2031, at a CAGR of 11% in the forecast period (2024-2031).

Automatic external defibrillators are life-saving tools that help correct irregular heart rhythms. The primary drivers propelling the growth of the automated electronic defibrillator market are the increasing incidence of cardiac disorders, the ageing population, and technological developments in the industry, which are bolstered by expanding investments from industry participants. Automatic defibrillators are machines that automatically monitor cardiac rhythm and, if an abnormality is found, shock the patient with electricity to return their heartbeat to normal. AEDs are deployed in many places (such as hospitals and airports) due to their portability and simplicity of use. They are crucial in expanding the window of opportunity for life-saving defibrillation.

Over the course of the projected period, the market for automated external defibrillators is anticipated to grow profitably due to the rising prevalence of cardiovascular disorders and the growing introduction of sophisticated automated external defibrillators. However, during the course of the projected period, factors including strict restrictions, a lack of awareness regarding sudden cardiac arrest, and a lack of early remedial actions may impede the growth of the analyzed market. The prevalence of cardiovascular disorders is rising, the population is ageing quickly, and automated defibrillator technology developments are the main reasons propelling the market expansion. Also, the market is growing as public access defibrillators are becoming more important. On the other hand, growing pricing pressure on market players limits market expansion.