Automated External Defibrillators Market Size to Expand Significantly by the End of 2028

Stratview Research has segmented the market By Technology (Semi-Automatic, Fully Automatic), By Size (Standard, Paediatric), By End User (Hospitals, Public Access, Emergency Medical Services, Homes, Private Cardiac Clinics), and by Region (North America. Europe, Asia-Pacific, and the Rest of the World).

According to this report, the automated external defibrillators market size was valued at USD 1.71 billion in 2021 and is likely to grow at a CAGR of 7.05% during 2022-2028 to reach USD 2.77 billion in 2028.

Key Players

• Koninklijke Philips N.V. (Netherlands),
• Physio-Control Corporation (The U.S),
• Asahi Kasei Medical Co., Ltd (Japan),
• Nihon Kohden Corporation (Japan),
• Schiller AG (Switzerland),
• Mindray Medical International Limited (China),
• GE Healthcare (The U.S),
• Stryker Corporation (The U.S),
• Cardiac Science Corporation (The U.S),
• Zoll Medical Corporation (The U.S),
• Me­trax GmbH (Germany), and
• Biotronik (Germany).

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Segment Analysis

Based on end users, the market has been divided into hospitals, public access, emergency medical services, homes, and private cardiac clinics.

In 2021, the hospital's segment garnered the largest market share. The public access segment is likely to grow at a significant rate during the review period on account of the rise in the number of sudden cardiac arrest cases worldwide.

The market in North America accounted for the largest share of approximately 30% in 2021.

This was due to the increasing geriatric population, the rise in the number of people dying due to cardiac arrest, and the growing emphasis on technological advancement in defibrillators.

The market in the Asia-Pacific region is projected to register a healthy growth rate on account of rising product awareness among consumers and expanding the healthcare industry in developing countries.

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Article source: https://article-realm.com/article/Business/Careers/35449-Automated-External-Defibrillators-Market-Size-to-Expand-Significantly-by-the-End-of-2028.html