Growing geriatric populations are predicted to present profitable opportunities for market participants in automated external defibrillators worldwide. The ageing population is linked to a steady decline in the structure and performance of the heart and promotes the emergence of chronic diseases. For instance, the WHO predicts that by 2030, one in six people will be over the age of 60 and that by 2050, the number of people over the age of 60 will have doubled (2.1 billion).
The global Automated External Defibrillator Market is anticipated to experience slow growth due to strict rules and regulations governing medical devices, including AEDs. For instance, in order to guarantee the quality and dependability of AEDs, the US Food & Drug Administration (FDA) mandates that manufacturers obtain premarket approval for all AEDs.
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