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Global AED market to be driven by its growing applications

The global automated external defibrillator (AED) market is expected to exceed USD 17.0 billion by 2024, at a CAGR of 7 percent, projects Market Research Engine.

The implantable cardioverter defibrillator (ICD) segment accounted for the largest share in the global market. The transvenous and subcutaneos ICDs are expected to exhibit the fastest growth rate in the global market. The overall ICD segment contributes for the largest market share, owing to the rising integration of multiple technological capabilities in a single device, such as defibrillators and pacemakers.

With rising prevalence of cardiovascular diseases and advancement in the medical technology, North America is expected to dominate this market. Companies that are contributed in automated external defibrillator market are, Laerdal Medical, Nihon Kohden, Mediana, Philips, Metrax GmbH, Schiller, Beijing MandB Electronic, A.M.I. Italia, Defibtech, HeartSine Technologies, Physio-Control, Instramed, Cardiac Science, METsis Medikal, Shenzhen XFT, Zoll and Mindray.

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