Automated chest compression devices provide consistent, high-quality CPR to patients in cardiac arrest. These devices ensure compressions are performed at the correct depth and rate, addressing one of the biggest obstacles in delivering effective manual CPR. With many hospitals and emergency medical systems increasingly adopting these devices.
The global Automated CPR Devices Market is estimated to be valued at US$ 127.6 Mn in 2023 and is expected to exhibit a CAGR of 6.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends driving growth in the automated CPR devices market is the increased adoption in hospitals. Modern CPR devices are portable, battery-powered devices that can be used in ambulances, emergency rooms, operating rooms and intensive care units to provide effective chest compressions. Many hospitals are recognizing the benefits of these devices in resuscitating patients and are therefore investing in automated CPR devices. With growing awareness about the importance of high-quality CPR and evidence that automated devices improve resuscitation outcomes, adoption in hospitals is expected to significantly rise over the forecast period, propelling the overall market growth.
Segment Analysis
The Global Automated CPR Devices Market Size is dominated by piston-based devices. These devices implement piston-based compression mechanism to provide uninterrupted chest compressions at a consistent rate and depth to patients requiring CPR. They ensure higher accuracy and eliminate human errors associated with manual CPR, thus making them preferred among healthcare professionals. The electric pump-based automated CPR devices segment is also growing owing to advantages such as portability and battery back-up.
Key Takeaways
The global automated CPR devices market is expected to witness high growth over the forecast period of 2023 to 2030. The market is projected to reach a value of US$ 212.9 Mn by 2030, expanding at a CAGR of 6.8% during the forecast period.
Regional analysis
North America dominated the global automated CPR devices market in 2023 and is expected to continue its dominance throughout the forecast period. High healthcare spending and presence of major players in the region are contributing to its large share. Asia Pacific is anticipated to be the fastest growing regional market between 2023 and 2030 due to rising incidence of cardiac arrests, improving healthcare infrastructure, and increasing adoption of automated CPR devices.
Key players
Key players operating in the automated CPR devices market are GlaxoSmithKline plc, Johnson & Johnson, Pfizer Inc., Novartis AG, AstraZeneca PLC, Sanofi S.A., Merck & Co., Inc., Teva Pharmaceutical Industries Ltd., Mylan N.V., Perrigo Company plc, NeilMed Pharmaceuticals, Inc., Church & Dwight Co., Inc., Navage, Inc., Xlear, Inc.
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CPR is performed to maintain the blood flow and oxygenation to brain in case of cardiac arrest.
Recent clinical investigations have demonstrated that improved hemodynamic effect and better coronary perfusion and increase incidence of return of spontaneous circulation can be achieved by mechanical and automated compression devices.Classification of CPR devicesPneumatic drivenThumperLUCASBattery drivenAutoPulseEffective CPR can improve the survival rate of patients with cardiac arrest.
Assessment of CPR practices by medical professionals revealed that chest compressions are few and ineffective and have significant pauses during compression that results in decrease of survival rate.
Automated CPR devices have overcome these drawbacks by the use of mechanical automated chest compression device, which may lead to improve perfusion pressures by overcoming the drawbacks of conventional manual CPR.
A study by American Heart Association states that 70% Americans feel helpless in case of cardiac emergency for the reason that they are not aware of how to administer CPR.
Many factors are responsible for the growth such as increasing rate of heart diseases, trauma, respiratory illness, geriatric population, increased accessibility to healthcare, growing prevalence of lifestyle diseases.
The demand for automated CPR devices has been increasing significantly with rising prevalence of sudden cardiac arrest across the globe, according to ESOMAR-certified Future Market Insights’ (FMI) latest research report.
As per the study, the global automated CPR devices market is slated to grow at approximately 13% CAGR throughout the forecast period from 2021 to 2031.Major progress has been witnessed with 3D automatic CPR devices, especially when normal CPR device coupled with torso restraints providing vertical compression and high quality resuscitation.Automated CPR devices experienced a surge in demand during the Covid-19 pandemic.
With rapid mutation of virus, the patients were facing higher risk of cardiac arrest.The market is anticipated to grow significantly over the forthcoming decade, as majority of coronary and intensive care units are inclining towards automated CPR devices for its high effectiveness.Key Takeaways from FMI’s Automated CPR Devices Market StudyPresence of modern healthcare infrastructure and high per capita income will bolster demand across the U.S.The U.K is expected to offer growth opportunities as governments and private organizations are working towards spreading awareness regarding dangers of cardiovascular diseases.Rising prevalence of obesity and high blood pressure which are precursor to cardiac arrest will increase automated CPR devices adoption across France.China will offer lucrative opportunities owing to increasing alcohol and tobacco consumption and developing healthcare infrastructure.India is expected to exhibit impressive market growth owing to increase in geriatric population and growing incidence of sudden cardiac arrest in the country.Request For Sample Copy @ https://www.futuremarketinsights.com/reports/sample/rep-gb-720Rising consumer awareness regarding benefits of CPR devices and increasing adoption in EMT services will amplify sales of automated CPR devices during the forecast period,” says the FMI analyst.Competitive LandscapeAutomated CPR market is highly consolidated owing to presence of regional and global market players.
Key market players in automated CPR devices market are focusing towards employing inorganic market strategies to expand their global foothold.Inorganic strategies include strategic merger and acquisition and forming an alliance with regional distributors to strengthen their supply chain channels.They are also emphasizing towards faster product approvals, product development and patenting.
New market entrants are focusing on new product launches to establish their market presence.For instance, Michigan Instruments launched hand-free automatic CPR device which is light weight, portable and helps in smooth transition from manual CPR to automated compressions.ZOLL Medical Corporation introduced a new automated CPR devices system “Autopulse” which assists EMS personnel in providing high quality chest compressions in cramped spaces and steep down stairwells.Prominent players operating in the automated CPR devices market are SunLife Science Inc., ZOLL Medical Corporation, Michigan Instruments, Physio Control Inc., Brunswick Biomedical Technologies, Zhuhai Kindway Medical Science & Technology Co. Ltd, CPR Medical Devices Inc., and Medtronic Inc.More Insights on the Global Automated CPR Devices MarketIn its latest report, FMI offers an unbiased analysis of the global automated CPR devices market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031.
In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of power source (pneumatically driven CPR devices, battery driven CPR devices, and mechanically actuated and battery driven CPR device), device type (piston devices, load distribution devices, and 3D compression devices) and end user for (Ems, hospitals, ambulances, coronary & intensive care units, cardiac catheterization labs, air med-evac units, and EMT rescue units) across North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa.Get TOC @ https://www.futuremarketinsights.com/reports/automated-cpr-devices-market/table-of-contentReasons to Buy the reportWe provide authentic and detailed an analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.The report includes accurate analysis of the market and the current developing trends affecting the growth.
