The global automated external defibrillator market was worth $616million in the year 2012. Increasing incidences of cardiovascular disease, growing awareness about the lifesaving potential of AED, increasing installation of public access AEDs, and advancing technology are accelerating the growth of this market.
Dallas, TX -- (SBWIRE) -- 05/01/2014 -- The global automated external defibrillator market was worth $616million in the year 2012. Increasing incidences of cardiovascular disease, growing awareness about the lifesaving potential of AED, increasing installation of public access AEDs, and advancing technology are accelerating the growth of this market.
This report analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Japan, Asia, and Rest of the World.
Browse 47 market data tables and 9 figures spread through 125 pages and in-depth TOC on “Automated External Defibrillator Market”.
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The automated external defibrillator (AED) market is divided into two segments, namely, semi-automated and fully automated. Both types are available at nearly same cost and are equally efficient in saving lives, although they function differently. Based on end-users, the AED market is classified into five categories, namely, hospitals, pre-hospital, public access, alternate care, and home.
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North America was the largest market, followed by Japan and Europe. However, North America and Japan are likely to grow at lower CAGRs compared to the Asian market due to an intense competition and certain amount of saturation in the market. The Asian market is poised to register maximum growth over the next five years, owing to the increasing installation of public access AEDs.
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The market for AED has become very dynamic, with companies in this segment adopting growth strategies of collaborations, agreements, and acquisitions. Untapped emerging markets and home defibrillators represent vast opportunities for key players in this market.
Key players in the AED market are Philips Healthcare (The Netherlands), Cardiac Science (U.S.), ZOLL Medical Corporation (U.S.), Nihon Kohden (Japan), Physio-Control (U.S.), Defibtech (U.S.), HeartSine Technologies (U.S.), and Schiller (Switzerland).
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