Matt Easterlin17 Jan, 2023Business
The automated external defibrillators market size was valued at USD 1.71 billion in 2021 and is likely to grow at a CAGR of 7.05% during 2022-2028 to reach USD 2.77 billion in 2028. Market Dynamics The rapidly expanding aging population has also resulted in increased demands for automated external defibrillators. The market growth is primarily driven by an increase in the number of people suffering from cardiovascular diseases as a result of a busy lifestyle and unhealthy eating habits. The rise in the number of people dying due to cardiac arrest is likely to fuel the demand for automated defibrillators at a significant rate. Growing emphasis on technological advancement in these devices is expected to create lucrative opportunities for the players operating in the global automated external defibrillators market during the review period
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