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Global Resuscitation Devices Market Report 2024: Market Size, CAGR, Lucrative Segments And Top Regions

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saikiran TBRC
Global Resuscitation Devices Market Report 2024: Market Size, CAGR, Lucrative Segments And Top Regions

Overview and Scope

Resuscitation devices are used in crises to assist in the process of reviving the patient's breath or inducing spontaneous breathing in patients who are unconscious or appear to be dead by inflating the lungs with positive pressure, which maintains the patient oxygenated. Resuscitation devices are typically disposable, latex-free, and intended for single-patient use.

Sizing and Forecast

The resuscitation devices market size has grown strongly in recent years. It will grow from <b>$8.93 billion in 2023 to $9.62 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. </b> The growth in the historic period can be attributed to aging population and chronic diseases, emergency medical services, hospital and clinical demand, training and education programs, regulatory standards and guidelines, increasing awareness of cpr..

The resuscitation devices market size is expected to see strong growth in the next few years. It will grow to <b>$13.02 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. </b> The growth in the forecast period can be attributed to integration of automated external defibrillators (aeds) in public places, telemedicine and remote guidance for resuscitation, portable and compact resuscitation devices, automated and data-driven feedback systems, adoption in non-hospital settings, global access to resuscitation training.. Major trends in the forecast period include hands-free cpr devices, ai-driven real-time resuscitation guidance, telemedicine-integrated aeds, wearable resuscitation technologies, miniaturization of resuscitation equipment, mobile app-based cpr training and certification.

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https://www.thebusinessresearchcompany.com/report/resuscitation-devices-global-market-report 

Segmentation & Regional Insights

The resuscitation devices market covered in this report is segmented –

1) By Product: Airway Management Devices, External Defibrillators, Convective Warming Blankets, Other Products

2) By Patient Type: Adult Patients, Pediatric Patients

3) By End User: Hospitals, Diagnostic Centers, Ambulatory Surgical Centers, Other End-users

<b>North America</b> was the largest region in the resuscitation devices market in 2023. <b>Europe</b> was the second-largest region in the resuscitation devices market share. The regions covered in the resuscitation devices market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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Major Driver Impacting Market Growth

The increase in incidences of cardiac and respiratory diseases is expected to propel the growth of the resuscitation devices market in the coming years. The main reasons for the rise in cardiac and respiratory diseases are aging, smoking, pollution, an unhealthy diet, physical inactivity, tobacco use, and harmful use of alcohol. Further, behavioural risk factors such as raised blood pressure, raised blood glucose, raised blood lipids, and overweight and obesity can also cause a high risk of cardiovascular diseases. Resuscitation devices help to restore blood circulation and breathing of a person suffering from cardiac and respiratory diseases in an emergency. For instance, according to the American College of Cardiology, a US-based non-profit medical association, all four CV risk factors are anticipated to rise in prevalence among the general U.S. population between 2025 and 2060, with diabetes showing the largest percentage increase of 39.3%, followed by dyslipidemia, hypertension, and obesity. The most significant anticipated rate increases were heart failure at 33.4% and stroke at 33.8%. Therefore, the rising prevalence of cardiac and respiratory diseases drives the growth of the resuscitation devices market.

Key Industry Players

Major companies operating in the resuscitation devices market include <b> Koninklijke Philips N.V., Medtronic plc, Physio-Control International Corp., Drägerwerk AG, Ambu A/S, 3M Company, GE Healthcare Technologies Ltd., ZOLL Medical Corporation, Nihon Kohden Corporation, Cardinal Health, Mindray Medical International Limited, Teleflex Inc., Intersurgical Ltd., Salter Labs Inc., Smiths Medical International Ltd., Vyaire Medical Inc., RAPP Australia Pty Ltd., Neotech Medical Systems Pvt. Ltd., Drägerwerk AG & Co. KGaA, CPR Medical Devices Inc., HMP Group Ltd., Zeal Medical Private Limited, Premier Ltd., Stryker Corporation, Roper Technologies Inc., FlexiCare Ltd., KARL STORZ SE & Co. KG, ResMed Inc., ICU Medical Inc., Laerdal Medical India Pvt. Ltd., Allied Healthcare Products Inc., SunMed LLC, Bound Tree Medical LLC, Emergency Medical Products Inc. </b>

The resuscitation devices market report table of contents includes:


1. Executive Summary

2.Resuscitation Devices Market Characteristics

3.Resuscitation Devices Market Trends And Strategies

4.Resuscitation Devices market analysis

5.Resuscitation Devices Market Size And Growth

6. Resuscitation Devices Segmentation

7.Resuscitation Devices Regional And Country Analysis

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27.Resuscitation Devices Competitive Landscape And Company Profiles

28.Resuscitation Devices Key Mergers And Acquisitions

29.Resuscitation Devices Future Outlook and Potential Analysis


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