Automated External Defibrillator Market Drivers, Opportunities, and Trends in Coming Years

1. Automated External Defibrillator Market to Register 8.8% CAGR during 2020–2030 © P&S Intelligence. All rights reserved Page 1

2. According to a research conducted by P&S Intelligence, the global automated external defibrillator (AED) market is projected to generate a revenue of $3,991.5 million by 2030, from $1,476.0 million, advancing at an 8.8% CAGR during the forecast period (2020–2030). The increasing geriatric population, rising number of strategic developments among major players, growing incidence of cardiac diseases, and advancements in AED technology are the key factors leading to the growth of the market. The market is categorized into fully automatic and semi-automatic, when technology is taken into consideration. Receive Sample Copy of this Report:https://www.psmarketresearch.com/market- analysis/automated-external-defibrillator-market/report-sample Between these, the fully automatic category dominated the market in the past, accounting for a share of 79.5% in 2018. These medical devices are more suitable for patients suffering from spinocerebellar ataxia. Fully automatic AED devices decrease the time for shock reliving, need less or no technical information, and demand no mechanical force while the procedure is being conducted. Owing to such advantages, the category is further predicted to hold the major share of the market during the forecast period. On the basis of end user, the AED market is divided into homecare settings, hospitals, clinics, & cardiac centers, pre-hospital care & emergency medical service (EMS) providers, public access settings, and others. Out of these, the pre-hospital care & EMS providers division held the largest share of the market in the past because of the increasing incidence of SCA, and the fact that available of AEDs in these facilities is mandatory. Make an Enquiry before Purchase:https://www.psmarketresearch.com/send-enquiry?enquiry- url=automated-external-defibrillator-market A major trend being witnessed in the AED market is the rising focus on installing AEDs in public spaces. The awareness regarding the life-saving potential of AEDs in emergency situations is increasing, owing to which, they are widely being deployed in public places, such as schools and colleges, railway stations, shopping centers, malls, airports, and leisure centers. Since these devices can be utilized by anyone in case of emergencies, they are also called public access defibrillators. In conclusion, the market is growing due to the increasing geriatric population and surging focus on installation of AEDs in public places. © P&S Intelligence. All rights reserved Page 2

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