North America Automated External Defibrillators Market Forecast to 2030
North America Automated External Defibrillators Market Forecast to 2030 – Regional Analysis – by Type (Fully-Automated External Defibrillators and Semi- Automated External Defibrillators) and End User (Hospitals & Clinics, Homecare, and Others)
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Description
Increasing Prevalence of Cardiovascular Diseases Drives North America Automated External Defibrillators Market
Cardiovascular diseases (CVDs) are the leading cause of morbidity and mortality globally. As per the Centers for Disease Control and Prevention (CDC), in 2021, 1 in 6 deaths from cardiovascular disease was due to stroke. The World Health Organization (WHO) reported that 17.9 million die globally due to CVD every year, i.e., 32% of all mortality cases. Furthermore, 4 out of 5 CVD-related mortalities are due to heart attacks and strokes. Unhealthy lifestyle habits, including poor diet, obesity, physical inactivity, tobacco consumption, and excess alcohol consumption, are the leading causes of CVDs. The surging cases of CVDs result in high demand for defibrillators as an essential tool for the resuscitation and care of CVD patients in hospitals. With a rise in national healthcare expenditures and disposable household incomes in various regions, the use of defibrillators is expected to increase in order to manage CVD. Furthermore, amid such high demands for defibrillators as a vital instrument in hospitals, automated external defibrillators are gaining notable traction owing to their enhanced suitability in the resuscitation of persons having sudden cardiac arrest (SCA). Thus, the growing incidence of CVDs drives the demand for defibrillators, including automated external defibrillators, in hospitals, homes, and other healthcare settings.
North America Automated External Defibrillators Market Overview
The Automated External Defibrillator market in North America is segmented into the US, Canada, and Mexico. The Automated External Defibrillator market in North America is segmented into the US, Canada, and Mexico. The US is the largest market for automated external defibrillator. The market is prominently driven by an extensive rise in respiratory diseases, a big pool of diabetic population, increase in awareness about respiratory diseases among the population. The US is projected to be the largest market for automated external defibrillators due to multiple factors such as an increase in the incidence of cardiovascular disease (CVDs), rising awareness about the presence of automatic defibrillators, the presence of leading pharmaceutical companies in this region, and the existence of fully developed healthcare infrastructure. Moreover, technological advancements have resulted in the development of various novel defibrillators.
Coronary artery disease (CAD) is among the leading causes of morbidity and mortality in developed countries. According to the Centers for Disease Control research, CAD accounts for ~6,10,000 deaths annually (estimated 1 in 4 deaths), which makes it the leading cause of death in the US. Furthermore, the population of people aged 65 and above is predicted to increase between 2012 and 2050, which boosts the need for a greater understanding of the impact of cardiovascular diseases on older adults.
In addition, the rising prevalence of cardiac conditions among people contributes to the automated external defibrillator market growth. Per the American Heart Association’s (AHA) “heart disease and Stroke Statistics 2019”, approximately 121.5 million adults in the US are suffering from CVDs, and every year 8,05,000 Americans suffer from a heart attack. In addition, as per the CDC, ~7,95,000 people in the US suffer from cerebrovascular stroke every year. As per DIL-a Conversational Agent for Heart Failure Patients by Claremont Graduate University published in 2019-the indirect and direct costs associated with the treatment of cardiovascular diseases and stroke are anticipated to be more than US$ 329.7 billion, which includes both health expenditures and productivity loss. Therefore, the cost of the treatments increases for the patients.
Hypertension is one of the major risk factors for heart diseases, strokes, and cardiac arrests, but it is highly treatable. According to a 2023 report from the American Heart Association, approximately 50% of Americans aged 20 years and above, i.e., more than 122 million people, have high blood pressure. The prevalence of hypertension is expected to rise in the coming years; therefore, it is anticipated that the incidences of cardiovascular diseases are also likely to increase in the future.
North America Automated External Defibrillators Market Revenue and Forecast to 2030 (US$ Million)
North America Automated External Defibrillators Market Segmentation
The North America automated external defibrillators market is segmented into type, end user, and country.
Based on type, the North America automated external defibrillators market is bifurcated into fully-automated external defibrillators and semi- automated external defibrillators. The fully-automated external defibrillators segment held a larger share of the North America automated external defibrillators market in 2022.
Based on end user, the North America automated external defibrillators market is segmented into hospitals & clinics, homecare, and others. The hospitals & clinics segment held the largest share of the North America automated external defibrillators market in 2022.
Based on country, the North America automated external defibrillators market is segmented into the US, Canada, and Mexico. The US dominated the North America automated external defibrillators market in 2022.
Asahi Kasei Corp, Koninklijke Philips NV, Mediana Co Ltd, Nihon Kohden Corp, Schiller AG, Shenzhen Mindray Bio-Medical Electronics Co Ltd, and Stryker Corp are some of the leading companies operating in the North America automated external defibrillators market.
Summary Info
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According to the Research Team’ research, the North America automated external defibrillators market was valued at US$ 681.03 million in 2022 and is expected to reach US$ 983.55 million by 2030, registering a CAGR of 4.7% from 2022 to 2030. Increasing prevalence of cardiovascular diseases and technological advancements are among the critical factors attributed to the North America automated external defibrillators market expansion.
There is a rise in technological advancements and increased investments in defibrillators by private players. In August 2022, Asahi Kasei (ZOLL) Medical Corporation introduced the Asahi Kasei (ZOLL) AED 4 defibrillator with integrated Wi-Fi connectivity for remote monitoring and data management, enhancing ease of use and maintenance. Similarly, in May 2023, Boston Scientific launched the EMPOWER External Defibrillator with smart features, including mobile app connectivity, patient education resources, and remote monitoring capabilities. In September 2019, Shenzhen Mindray Bio-Medical Electronics Co., Ltd. launched the BeneHeart C Series of AEDs with intelligent operations and faster shock delivery to achieve better recovery outcomes for sudden cardiac arrest (SCA). The product range is available in fully automatic and semi-automatic versions that offer up to 360 Joules and are integrated with unique ResQNavi technology. Thus, the launch of new products due to the rise in technological advancements is leading to significant future trends in the automated external defibrillator market.
On the contrary, performance issues related to automated external defibrillators hamper the North America automated external defibrillators market.
Based on type, the North America automated external defibrillators market is bifurcated into fully-automated external defibrillators and semi- automated external defibrillators. The fully-automated external defibrillators segment held 69.6% share of North America automated external defibrillators market in 2022, amassing US$ 474.04 million. It is projected to garner US$ 671.19 million by 2030 to expand at 4.4% CAGR during 2022-2030.
Based on end user, the North America automated external defibrillators market is segmented into hospitals & clinics, homecare, and others. The hospitals & clinics segment held 53.2% share of North America automated external defibrillators market in 2022, amassing US$ 362.09 million. It is projected to garner US$ 535.59 million by 2030 to expand at 5.0% CAGR during 2022-2030.
Based on country, the North America automated external defibrillators market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 83.1% share of North America automated external defibrillators market in 2022. It was assessed at US$ 565.98 million in 2022 and is likely to hit US$ 830.68 million by 2030, exhibiting a CAGR of 4.9% during 2022-2030.
Key players operating in the North America automated external defibrillators market are Asahi Kasei Corp, Koninklijke Philips NV, Mediana Co Ltd, Nihon Kohden Corp, Schiller AG, Shenzhen Mindray Bio-Medical Electronics Co Ltd, and Stryker Corp, among others.
In May 2023, Shenzhen Mindray Bio-Medical Electronics Co Ltd had signed a strategic agreement with Vithas. Under the agreement, Vithas integrated the latest innovative patient monitoring technology across its 20 hospitals. The strategic partnership enabled Vithas to improve patient safety in critical areas like ICU, operating rooms, post-anesthesia recovery, and emergencies.
In February 2022, Stryker Corp completed the acquisition of Vocera Communications Inc. This acquisition provided significant opportunities to advance innovations and accelerate Stryker’s digital aspirations.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the North America Automated External Defibrillators Market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.
TABLE OF CONTENTS
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Automated External Defibrillators Market – Key Industry Dynamics
4.1 Key Market Drivers:
4.1.1 Increasing Prevalence of Cardiovascular Diseases
4.1.2 Rising Training and Awareness Programs on Automated External Defibrillators
4.2 Market Restraints
4.2.1 Performance Issues Related to Automated External Defibrillators
4.3 Market Opportunities
4.3.1 Strategies by Key Market Players to Expand Presence in Emerging Markets
4.4 Future Trends
4.4.1 Technological Advancements
4.5 Impact Analysis:
5. Automated External Defibrillators Market – North America Market Analysis
5.1 North America Automated External Defibrillators Market Revenue (US$ Mn), 2020 – 2030
6. North America Automated External Defibrillators Market – Revenue and Forecast to 2030 – by Type
6.1 Overview
6.2 North America Automated External Defibrillators Market Revenue Share, by Type 2022 & 2030 (%)
6.3 Fully-Automated External Defibrillators
6.3.1 Overview
6.3.2 Fully-Automated External Defibrillators: North America Automated External Defibrillators Market – Revenue and Forecast to 2030 (US$ Million)
6.4 Semi-Automated External Defibrillators
6.4.1 Overview
6.4.2 Semi-Automated External Defibrillators: North America Automated External Defibrillators Market – Revenue and Forecast to 2030 (US$ Million)
7. North America Automated External Defibrillators Market – Revenue and Forecast to 2030 – by End User
7.1 Overview
7.2 North America Automated External Defibrillators Market Revenue Share, by End User 2022 & 2030 (%)
7.3 Hospitals and Clinics
7.3.1 Overview
7.3.2 Hospitals and Clinics: North America Automated External Defibrillators Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Home Care Settings
7.4.1 Overview
7.4.2 Home Care Settings: North America Automated External Defibrillators Market – Revenue and Forecast to 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: North America Automated External Defibrillators Market – Revenue and Forecast to 2030 (US$ Million)
8. North America Automated External Defibrillators Market – Country Analysis
8.1 North America
8.1.1 North America: Automated External Defibrillator Market, by Country
8.1.1.1 US
8.1.1.1.1 Overview
8.1.1.1.2 US: Automated External Defibrillator Market Revenue and Forecast to 2030 (US$ Mn)
8.1.1.1.3 US: Automated External Defibrillator Market, by Type
8.1.1.1.4 US: Automated External Defibrillator Market, by End User
8.1.1.2 Canada
8.1.1.2.1 Overview
8.1.1.2.2 Canada: Automated External Defibrillator Market Revenue and Forecast to 2030 (US$ Mn)
8.1.1.2.3 Canada: Automated External Defibrillator Market, by Type
8.1.1.2.4 Canada: Automated External Defibrillator Market, by End User
8.1.1.3 Mexico
8.1.1.3.1 Overview
8.1.1.3.2 Mexico: Automated External Defibrillator Market Revenue and Forecast to 2030 (US$ Mn)
8.1.1.3.3 Mexico: Automated External Defibrillator Market, by Type
8.1.1.3.4 Mexico: Automated External Defibrillator Market, by End User
9. Automated External Defibrillators Market-Industry Landscape
9.1 Overview
9.2 Organic Growth Strategies
9.2.1 Overview
9.3 Inorganic Growth Strategies
9.3.1 Overview
10. Company Profiles
10.1 Shenzhen Mindray Bio-Medical Electronics Co Ltd
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Stryker Corp
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Schiller AG
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 Mediana Co Ltd
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 Nihon Kohden Corp
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 Asahi Kasei Corp
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 Koninklijke Philips NV
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.7.6 Key Developments
11. Appendix
11.1 About Us
11.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Automated External Defibrillators Market Segmentation
Table 2. US: Automated External Defibrillator Market Revenue and Forecast to 2030 (US$ Mn) – Type
Table 3. US: Automated External Defibrillator Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 4. Canada: Automated External Defibrillator Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 5. Canada: Automated External Defibrillator Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 6. Mexico: Automated External Defibrillator Market Revenue and Forecast to 2030 (US$ Mn) – Type
Table 7. Mexico: Automated External Defibrillator Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 8. Recent Organic Growth Strategies in Automated External Defibrillators Market
Table 9. Recent Inorganic Growth Strategies in the Automated External Defibrillators Market
Table 10. Glossary of Terms, North America Automated External Defibrillators Market
LIST OF FIGURES
Figure 1. North America Automated External Defibrillators Market Segmentation, By Country
Figure 2. Key Insights
Figure 3. North America Automated External Defibrillators Market – Key Industry Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. North America Automated External Defibrillators Market Revenue (US$ Mn), 2020 – 2030
Figure 6. North America Automated External Defibrillators Market Revenue Share, by Type 2022 & 2030 (%)
Figure 7. Fully-Automated External Defibrillators: North America Automated External Defibrillators Market – Revenue and Forecast to 2030 (US$ Million)
Figure 8. Semi-Automated External Defibrillators: North America Automated External Defibrillators Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. North America Automated External Defibrillators Market Revenue Share, by End User 2022 & 2030 (%)
Figure 10. Hospitals and Clinics: North America Automated External Defibrillators Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Home Care Settings: North America Automated External Defibrillators Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Others: North America Automated External Defibrillators Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. North America Automated External Defibrillator Market, By Key Country – Revenue (2022) (US$ Million)
Figure 14. North America: Automated External Defibrillator Market, By Countries, 2022 And 2030 (%)
Figure 15. US: Automated External Defibrillator Market Revenue and Forecast to 2030 (US$ Mn)
Figure 16. Canada: Automated External Defibrillator Market Revenue and Forecast to 2030 (US$ Mn)
Figure 17. Mexico: Automated External Defibrillator Market Revenue and Forecast to 2030 (US$ Mn)
The List of Companies – North America Automated External Defibrillators Market
1. Asahi Kasei Corp
2. Koninklijke Philips NV
3. Mediana Co Ltd
4. Nihon Kohden Corp
5. Schiller AG
6. Shenzhen Mindray Bio-Medical Electronics Co Ltd
7. Stryker Corp
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