Press Release

External Defibrillators Market to Grow with a CAGR of 5.25% through 2029

Rising incidence of cardiac arrest and growing aging population are factors driving the Global External Defibrillators Market in the forecast period.

 

According to TechSci Research report, “External Defibrillators Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the Global External Defibrillators Market stood at USD 3.52 billion in 2023 and is anticipated to grow with a CAGR of 5.25% in the forecast period, 2025-2029. The global market for external defibrillators is experiencing a surge in demand, driven by a confluence of factors that underscore the critical role these life-saving devices play in emergency medical situations. As the healthcare landscape continues to evolve, the market for external defibrillators is poised for significant growth. One of the primary drivers fueling the growth of the external defibrillators market is the alarming increase in the incidence of cardiac arrest worldwide. According to the World Health Organization (WHO), cardiovascular diseases are the leading cause of death globally. The prevalence of cardiac emergencies necessitates the presence of accessible and efficient defibrillation devices, driving the demand for external defibrillators.

Growing awareness about the importance of early defibrillation in saving lives has prompted various initiatives and training programs. Communities, workplaces, and public spaces are increasingly investing in automated external defibrillators (AEDs) and providing training to individuals on their proper usage. This heightened awareness contributes significantly to the increased adoption of external defibrillators, fostering market growth. Advancements in technology have revolutionized external defibrillator designs and functionalities. The development of compact, user-friendly, and automated devices has made defibrillators more accessible to a broader range of users, including those without medical backgrounds. The integration of smart technologies, such as real-time feedback and connectivity features, further enhances the usability and effectiveness of these devices.

Governments and regulatory bodies across the globe are taking proactive measures to improve public access to defibrillators. Many countries have implemented policies mandating the installation of AEDs in public spaces, schools, and other high-traffic areas. These regulatory initiatives, coupled with financial incentives, have stimulated market growth by creating a conducive environment for the deployment of external defibrillators.


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The Global External Defibrillators Market is segmented into product, end user and company. 

Based on product, the manual external defibrillators segment has emerged as the predominant market leader. The dominance of manual external defibrillators is not limited to a specific region but is observed on a global scale. Hospitals, clinics, and emergency response teams worldwide are recognizing the value of these devices in improving patient outcomes during cardiac emergencies. The increased accessibility of manual defibrillators has played a crucial role in their widespread adoption. Furthermore, advancements in portability and battery technology have made manual external defibrillators more versatile, allowing healthcare providers to bring these life-saving devices to various settings, including ambulances, public spaces, and even remote locations. This expanded accessibility ensures that critical care can be administered promptly, regardless of the environment.

Based on region, North America segment is expected to grow during the forecast period.  North America is known for its stringent regulatory standards, ensuring that medical devices meet the highest safety and efficacy requirements. This commitment to quality has bolstered consumer confidence in external defibrillators, leading to widespread adoption across various healthcare settings. 

 

Major companies operating in Global External Defibrillators Market are:

  • Koninklijke Philips N.V.
  • Stryker Corporation
  • Asahi Kasei Corp.
  • Nihon Kohden Corporation
  • Schiller AG
  • MS Westfalia GmbH
  • Silverline Meditech Pvt. Ltd.
  • Mediana Co., Ltd.
  • Shenzhen Mindray Bio-Medical Electronics Co. Ltd.
  • BPL Medical Technologies Pvt Ltd.
  • Dixion Distribution of Medical Devices GmbH
  • Bioevopeak Co., Ltd.
  • EMS Mobil Sistemler A.Ş.
  • Metrax GmbH

 

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“The global external defibrillators market is on an upward trajectory, propelled by a combination of factors that underscore the importance of these life-saving devices in emergency medical situations. From the rising incidence of cardiac arrest to technological advancements and government initiatives, the market drivers collectively contribute to the growth and evolution of the external defibrillators market. As innovation continues and awareness spreads, the market is likely to witness sustained expansion, ensuring that these critical devices are readily available to save lives when every second counts.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

External Defibrillators Market By Product (Manual External Defibrillators, Automated External Defibrillators, Wearable Cardioverter Defibrillators), By End user (Hospitals & Clinics, Ambulatory Care Centers, Others), By Region, By Competition Forecast & Opportunities, 2019-2029F”, has evaluated the future growth potential of Global External Defibrillators Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global External Defibrillators Market.


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