Europe Automated External Defibrillator (AED) Market, By Product Type (Semi-Automated External Defibrillators, Fully-Automated External Defibrillators), End-User (Pre-hospitals, Public Access Facilities, Hospitals, Alternate Care, Home) – Industry Trends and Forecast to 2031.
Europe Automated External Defibrillator (AED) Market Analysis and Size
In public places, the automated external defibrillator (AED) market serves a critical role in enhancing public safety and emergency preparedness. These devices are strategically placed in high-traffic areas such as airports, train stations, sports stadiums, and shopping centers to ensure rapid access in the event of sudden cardiac arrest. A growing emphasis on public health and safety regulations has led to increased adoption of AEDs in these settings. Public awareness campaigns and training initiatives further promote the widespread use and accessibility of AEDs, ultimately saving lives by providing timely intervention for cardiac arrest victims.
Europe automated external defibrillator (AED) market size was valued at USD 351.84 million in 2023 and is projected to reach USD 726.67 million by 2031, with a CAGR of 9.49% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024-2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Semi-Automated External Defibrillators, Fully-Automated External Defibrillators), End-User (Pre-hospitals, Public Access Facilities, Hospitals, Alternate Care, Home)
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Countries Covered
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U.K., Germany, France, Italy, Spain, Netherlands, Switzerland, Belgium, Turkey, Russia and Rest of Europe
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Market Players Covered
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Koninklijke Philips N.V.(Netherlands), GE Healthcare (U.S.), Siemens Healthineers AG (Germany), Hillrom Holdings, Inc. (U.S.), Schiller AG (Switzerland), Fukuda Denshi (Japan), BPL Medical Technologies (India), Medtronic plc (U.S.), Asahi Kasei Corporation (Japan), NIHON KOHDEN CORPORATION (Japan), Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China), Stryker (U.S.), CU Medical Germany GmbH (Germany), MEDIANA Co., Ltd. (South Korea)
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Market Opportunities
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Market Definition
An automated external defibrillator (AED) is a portable device used to analyze a person's heart rhythm and deliver an electric shock to restore normal heart rhythm in cases of sudden cardiac arrest. It is designed to be user-friendly, providing voice and visual prompts to guide responders through the process.
Automated External Defibrillator (AED) Market Dynamics
Drivers
- Growing Technological Advancements Enhance the Effectiveness of AEDs
Innovations such as smart algorithms for rhythm analysis, compact designs for improved portability, and enhanced connectivity features enable AEDs to deliver more accurate and timely interventions during sudden cardiac arrest incidents. Furthermore, advancements in battery technology prolong device longevity and reduce maintenance requirements, ensuring reliability in critical situations. These developments not only make AEDs more accessible to a wider range of users but also increase their efficacy in saving lives, thereby driving demand and market growth for AEDs globally.
For instance, In March 2021, the launch of the St. John-branded public access defibrillator at the Government House in Australia exemplifies the ongoing technological advancements in the automated external defibrillator (AED) market. This joint venture between St John Ambulance Australia and Zoll Medical Australia signifies a commitment to enhancing AED accessibility and usability in public spaces, aligning with the trend of integrating innovative features and expanding AED installations to improve emergency response and cardiac care.
- Rising Geriatric Population Increases the Demand for AEDs
With age, the risk of cardiac arrest and other heart-related emergencies increases, leading to a continuous demand for AEDs. As the elderly population grows globally, there is a corresponding need for accessible and efficient cardiac emergency response systems, driving the adoption of AEDs in various settings. Healthcare facilities, assisted living centers, and senior care communities are increasingly investing in AEDs to ensure prompt intervention during cardiac events among elderly residents. This demographic trend underscores the importance of AEDs as life-saving devices in addressing the specific healthcare needs of an aging population.
Opportunities
- Rising Number of Cardiovascular Patients Increases the Demand for Accessible Defibrillation Solutions
The rising number of cardiovascular patients, as highlighted by the British Heart Foundation data published in January 2022, with nearly 284,000 people awaiting critical heart procedures by the end of November 2021, underscores the urgent need for advanced cardiac emergency response measures. This growing demand for cardiovascular surgeries underscores the severity of the health crisis and serves as a catalyst for the expansion of the automated external defibrillator (AED) market. As healthcare facilities strive to enhance their emergency preparedness and improve patient outcomes, the adoption of AEDs becomes increasingly essential, further driving market growth. An AED (automated external defibrillator) should be used as a crucial tool in responding to sudden cardiac arrest incidents promptly, potentially saving lives in critical moments.
- Growing Research and Development Increases the Adoption of AED technology
Advancements in R&D efforts are leading to the development of more innovative and user-friendly AED devices with enhanced features such as improved accuracy in rhythm analysis, faster shock delivery, and integration with emerging technologies such as artificial intelligence and telemedicine. These advancements enhance the effectiveness of AEDs and contribute to increased adoption rates across various sectors including healthcare, public safety, and workplaces. Ongoing R&D activities foster collaborations between manufacturers, healthcare professionals, and regulatory bodies, driving continuous improvements in AED technology and expanding market opportunities globally.
Restraints/Challenges
- Stringent Regulations Limits the Adoption of AED Devices
Compliance with regulatory requirements, including certification standards and approval processes, adds complexity and cost to the development and distribution of AED devices. Additionally, variations in regulations across different regions and countries create challenges for manufacturers seeking to enter new markets. These regulatory hurdles can delay product launches and hinder market expansion efforts, thereby increasing automated external defibrillator cost. As a result, navigating the regulatory landscape remains a key challenge for companies operating in the AED market.
- Lack of Awareness among the General Public
Despite efforts to promote AEDs through educational campaigns and training initiatives, many individuals remain unfamiliar with how to locate, use, and maintain AEDs during emergencies. This lack of awareness can lead to delays in accessing defibrillation treatment, reducing the effectiveness of intervention for sudden cardiac arrest victims. Misconceptions or fears about using AEDs may deter bystanders from taking action in critical situations, further exacerbating the problem.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In July 2023, The U.K. government launched CellAED, the world's first personal AED, designed to be ultra-portable and user-friendly, in collaboration with the NHS supply chain, aiming to make AEDs more accessible and affordable for consumers
- In January 2023, Virginia Tech University, with assistance from the Virginia Tech Police Department and Environmental Health and Safety, implemented an AED program across the Blacksburg campus, managed by the Virginia Tech Rescue Squad, to enhance emergency response capabilities and support cardiac arrest victims
- In September 2022, Kauvery Hospital launched the Restart Heart Foundation, installing voice-prompted AEDs aimed at providing life-saving support during sudden cardiac arrests, contributing to improved emergency response in healthcare practices
- In August 2022, Portage Health Foundation initiated a one-time grant program for automated external defibrillators (AEDs) to enhance community safety as part of its long-term sustainability goals
- In January 2022, Euroa, Australia, achieved Heart-Safe Community status by installing 10 defibrillators, 6 of which are accessible 24/7, and training residents in emergency response, aiming to boost cardiac arrest survival rates in Victoria
Automated External Defibrillator (AED) Market Scope
The market is segmented on the basis of product type, and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Semi-Automated External Defibrillators
- Fully-Automated External Defibrillators
End-User
- Pre-Hospitals,
- Public Access Facilities
- Hospitals
- Alternate Care
- Home
Europe Automated External Defibrillator (AED) Market Regional Analysis/Insights
The market is analysed and market size insights and trends are provided by country, product type and end-user as referenced above.
The countries covered in the market report are U.K., Germany, France, Italy, Spain, Netherlands, Switzerland, Belgium, Sweden, Denmark, Norway, Finland, Austria, Ireland, and Rest of Europe.
U.K. dominates the market due to a robust network of healthcare facilities, providing a strong foundation for AED deployment and usage. Aditionally, major players in the AED market have a significant presence in the U.K., contributing to market dominance. The increasing incidence of cardiovascular diseases and a growing elderly population further drive the demand for AEDs in the region, solidifying the U.K.'s position as a leader in AED adoption and utilization within Europe.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
The market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the market. The data is available for historic period 2016-2021.
Competitive Landscape and Automated External Defibrillator (AED) Market Analysis
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
Some of the major players operating in the market are:
- Koninklijke Philips N.V.(Netherlands)
- GE Healthcare (U.S.)
- Siemens Healthineers AG (Germany)
- Hillrom Holdings, Inc. (U.S.)
- Schiller AG (Switzerland)
- Fukuda Denshi (Japan)
- BPL Medical Technologies (India)
- Medtronic plc (U.S.)
- Asahi Kasei Corporation (Japan)
- NIHON KOHDEN CORPORATION (Japan)
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China)
- Stryker (U.S.)
- CU Medical Germany GmbH (Germany)
- MEDIANA Co., Ltd. (South Korea)
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