An automated external defibrillator is a portable life-saving device used to help patients in cardiac arrest. It is a complex but easy-to-use medical device that analyzes the heart rhythm and, if necessary, delivers a shock or defibrillation to help the heart re-establish an efficient rhythm.
Automated external defibrillators are divided into standard automated external defibrillators and pediatric automated external defibrillators according to type. Standard automated external defibrillators are generally used in adults and can diagnose specific cardiac arrhythmias and deliver shock-absorbed defibrillators. During the defibrillation process, the AED\'s voice prompts and screen animation operation prompts make the operation easier. Pediatric AEDs have a switch that can be set for pediatric shocks. Pediatric automatic external defibrillators can be used for children (under 25 kg or under 8 years old), and generally, special electrode patches for children must be selected. In 2015, the market shares of standard automated external defibrillators and pediatric automated external defibrillators were 93.22% and 6.78%, respectively. In 2020, the market share of these two types of automated external defibrillators will be 92.55% and 7.45%, respectively. It can be seen that the market for pediatric automated external defibrillators has expanded.
Hospitals, public access, emergency medical services, home and private cardiac clinics, each accounted for 26.76%, 32.98%, 17.88%, 4.87%, and 9.90% of the market share in 2020. General hospitals and private heart clinics often have automated external defibrillators so they can be used when treating patients. Cardiovascular disease is sudden and can occur when a patient moves through public access, so AEDs can be used in public access emergency medical services. And because the sudden cardiovascular disease can happen anytime, anywhere. If there is a patient at home, an automatic external defibrillator can be equipped to reduce the risk of illness and implement timely rescue.
Automated External Defibrillators Perform Better Than Traditional Defibrillators
Unlike traditional defibrillators, the automated external defibrillator does not require much knowledge and skills, it automatically diagnoses the heart rate and determines if a shock is needed. The automatic model can manage electrocution without user command. Semi-automatic models tell the user that an electric shock is required, and the user presses a button to get an electric shock. Compared with traditional defibrillators, automated external defibrillators are more convenient and easy to use, and automated external defibrillators can be installed at home for the timely rescue. This will increase the demand for automated external defibrillators, thereby driving the development of the automated external defibrillator industry.
Automated external defibrillators are designed for two types of patients: ventricular fibrillation and pulseless ventricular tachycardia. Unlike professional defibrillators designed for medical personnel, it cannot diagnose other types of arrhythmias, cannot provide treatment, and cannot provide extracorporeal heart rate regulation for bradycardia, except for the above two conditions. An automated external defibrillator is used when the patient\'s pulse stops, but does not cause an electric shock to an injured person who has no heart rate and a horizontal ECG. The use of a defibrillator does not restore the patient\'s heartbeat, but terminates the fatal arrhythmia (such as ventricular fibrillation, ventricular flutter, etc.) with an electrical shock, and then restores the heartbeat by stimulating the high pacing point of the heart to restore the heartbeat (but Some patients may not be able to recover their heartbeat due to underlying heart disease after defibrillation. At this time, the automatic external defibrillator will indicate that there is no sign of defibrillation, and immediate cardiopulmonary resuscitation is recommended).
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With the rapid development of science and technology, a fully automatic defibrillator is available. It provides clear verbal instructions to the operator to determine if the patient is in a shockable rhythm (VF/VT). With the rapid development of science and technology, automated external defibrillators will be more advanced and sophisticated in the future, which can better save lives and bring development opportunities to the automated external defibrillator industry.
With the Increasing Emphasis on Health and the Continuous Advancement of External Defibrillator Technology, the Automatic External Defibrillator Industry Will Continue to Grow
Mexico City was the largest revenue market with a market share of 16.18% in 2015 and 16.73% in 2020, an increase of 0.55%. In 2020, the market shares of Mexico, Nuevo Leon, Queretaro de Artega, Quintana Roo, Baja California Sur, and Aguascalientes were 10.24%, 6.78%, and 2.30%, respectively , 2.17%, 1.87%, 1.65%.
The automated external defibrillator industry is highly concentrated. The top three companies in 2019 are ZOLL Medical, Metrax GmbH, and Instramed, with market shares of 17.96%, 15.07%, and 13.03%, respectively.
Increased longevity and income have led many to adopt high-risk lifestyle habits such as overeating, fast food, smoking, and low physical activity. In recent years, cardiovascular disease has become one of the most common diseases in Mexico. Growing emphasis on prevention, diagnosis and treatment of cardiovascular problems has increased the demand for cardiovascular devices. Police and ambulance personnel can be seen carrying AEDs in many public places, including shopping centers, office buildings, sports fields, gyms, and airplanes. However, many cardiac arrests occur at home, so using an AED at home can save valuable time in the recovery of patients with ventricular fibrillation and ventricular tachycardia. Growing demand for automated external defibrillator devices in residential and public places will drive the development of the automated external defibrillator industry.
According to our research, the Mexican Automated External Defibrillator (AED) market had a total revenue of USD 15.22 million in 2015 and increased to USD 18.79 million in 2019. We predict that the market value of automated external defibrillators (AEDs) can reach $30.53 million by 2027. The CAGR from 2019 to 2027 is 6.25%.
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