Market revenue in 2023 | USD 731.4 million |
Market revenue in 2030 | USD 1,031.6 million |
Growth rate | 5% (CAGR from 2023 to 2030) |
Largest segment | First aid supplies - workplace |
Fastest growing segment | Automated External Defibrillators |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | First Aid Supplies - Workplace, First Aid Supplies - Consumer, First Aid Room Equipment, Sports Care/Braces, Medicinal products, Topicals, First Aid Training products, Automated External Defibrillators |
Key market players worldwide | 3M Co, Johnson & Johnson, Coloplast A/S ADR, Stryker Corp, Smith & Nephew PLC, ConvaTec Group PLC, Hartmann Holdings |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to first aid market will help companies and investors design strategic landscapes.
First aid supplies - workplace was the largest segment with a revenue share of 26.66% in 2023. Horizon Databook has segmented the Asia Pacific first aid market based on first aid supplies - workplace, first aid supplies - consumer, first aid room equipment, sports care/braces, medicinal products, topicals, first aid training products, automated external defibrillators covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific first aid market is anticipated to witness fastest growth over the forecast period. Presence of developing economies, such as China, India, and Japan, is anticipated to boost the market in Asia Pacific. This can be attributed to the presence of major market players and increasing road traffic accident & trauma cases.
In addition, technological advancements, increasing geriatric population, and growing prevalence of chronic diseases such as diabetes & cancer are anticipated to boost the region’s first aid market. Moreover, medical tourism in this region is contributing to an increase in demand for first aid products. Furthermore, the use of external defibrillators is expanding rapidly in developing economies, such as China.
Global Times reported in January 2021 that several Chinese cities, including tourist destinations, first-tier cities, and coastal provinces, have accelerated their deployment of AEDs. Shenzhen, a prominent technology hub located in Guangdong Province, had deployed over 3,500 government-purchased AEDs by August 2021. Moreover, the number of public access AEDs in Shanghai, situated in eastern China, has surged fourfold since 2016, exceeding 1,600 units.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific first aid market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific first aid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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