Press Release

Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.

Global External Defibrillator Market to Grow at a CAGR of 8.8% During the Period 2022-2027, Driven by the Need for Life Saving Measures in Cases of Cardiac Arrest

According to a new report by EMR titled, ‘Global External Defibrillator Market Report and Forecast 2022-2027’, the global external defibrillator market is expected to grow at a CAGR of 8.8% during the period 2022-2027, led by technically advanced solutions.

The global external defibrillator market is expected to be driven by the need to respond to cardiac arrest emergencies and advanced solutions. Lifesaving solutions such as automated external defibrillator (AED) technology can offer immediate help when needed, and significantly improve odds of survival. AEDs have become increasingly popular over the years in a variety of offices and other work environments, and are expected to contribute to the growth of the global external defibrillator market. North America, Europe and Asia are expected to be key markets.


Key Industry Developments

In 2022, Avive Solutions, Inc. announced that it secured a $22 million Series A round of financing co-led by Questa Capital, Catalyst Health Ventures and repeat investor Laerdal Million Lives Fund. The funding would be utilized to develop a new technology-enabled approach for enhancing OHCA survival rates. The company’s robust platform solution integrated the Avive Connect AED, an advanced, easy-to-use, intelligent AED device that awaited approval by the U.S. FDA, with Avive’s proprietary data-driven emergency response software platform.

In 2021, Avive Solutions, announced a partnership with RapidSOS. Avive and RapidSOS expressed their commitment to developing innovative solutions towards taking a novel approach at enhancing the status quo of OHCA response. Such developments are expected to drive the global external defibrillator market. With the partnership, Emergency Communication Centers (ECCs) with access to RapidSOS would be able to dispatch Avive’s intelligent AEDs to the site of a cardiac arrest emergency.

In 2021, the Town of Harpersville entered into a new partnership with Cardiac Solutions. The Town of Harpersville acquired automated external defibrillators for all city buildings, parks and recreational facilities and all patrol cars under a city-wide public access AED program. The new program would include device training and education for Police officers and other City employees.

In 2021, it was reported in the world’s first feasibility study that drones could be used to deliver life-saving defibrillators to individuals with suspected cardiac arrest in the community. Drones were found to deliver an automated external defibrillator (AED) just outside the door of residential homes, where majority of cardiac arrests took place, as well as during the first minutes of a cardiac arrest. Indeed, a drone arrived before the ambulance and it was almost two minutes earlier. With improvements in drone technology, it would likely be possible to increase the number of patients and time advantages. Such developments are expected to drive growth of global external defibrillator market

In 2020, HeartHero announced that its automated external defibrillator (AED) device — Elliot — had obtained CE mark approval. The company expressed its goal for the device to become the lowest-cost, easiest-to-use, and most portable AED on the market.

In 2019, Zoll Medical and Cardiac Science came together for AED delivery; Zoll signed a definitive agreement to acquire Cardiac Science, a provider of AEDs, related services, and accessories.

In 2020, Philips received FDA premarket approval for its HeartStart FR3 and HeartStart FRx automated external defibrillators. The HeartStart FR3 was a professional grade AED with advanced features to help medical personnel and first-responders in treating cardiac arrest. The HeartStart FRx was a public-access AED that featured intuitive, step-by-step voice instructions, including cardiopulmonary resuscitation (CPR) guidance, for emergency use at workplaces, schools and other public spaces, as well as for medical professional use.

In 2019, Stryker launched the company's newest defibrillation solution – LIFEPAK® CR2 defibrillator with LIFELINKcentral™ AED program manager, in the USA. The company announced that LIFEPAK CR2 AED had obtained Premarket Approval (PMA) by FDA. The LIFPAK CR2 AED was earlier released in Europe and Canada in 2017, and in Japan in 2018.

Key Findings of the Report:

  • The global external defibrillator market is expected to be driven by technically advanced solutions and the need to respond to cardiac arrest emergencies. 
  • AEDs are expected to be a key driving segment. 
  • North America, Europe and Asia are projected to be key markets.

Market Analysis by Product, End Use and Region:

  • By product, the market is divided into Wearable Cardioverter Defibrillators, Implantable Cardioverter Defibrillators, Manual External Defibrillators, and Automated External Defibrillators (further broken down by type into Semi-Automated ED and Fully Automated ED).
  • By end use, the market is classified into Pre-Hospital, Public Access Market, Hospital, Home Healthcare, and Alternate Care Market.
  • By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global Telehealth Market Report and Forecast 2022-2027

Global Epigenomics Market Report and Forecast 2022-2027