Global Resuscitation Devices
Market Report
2024
Resuscitation devices market size was valued at USD 8.6 billion in 2022 and projected to be USD 16.5 billion till 2030 with a CAGR of 8.14% during forecast year.2022 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The Resuscitation devices market size was valued at USD 8.6 billion in 2022 and projected to be USD 16.5 billion till 2030 with a CAGR of 8.14% during forecast year.2022 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Resuscitation Devices Market Sales Revenue 2021 | $ 7.75 Billion |
Global Resuscitation Devices Market Sales Revenue 2030 | $ 12.85 Billion |
Global Resuscitation Devices Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.7% |
Market Split by Patient Type |
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Market Split by Product Type |
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Market Split by End user |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Resuscitation Devices Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Resuscitation devices are used to inflate the lungs of a person who is unable to inhale on their own using positive pressure in order to keep them breathing and alive. These include various devices like resuscitation masks, ventilators, resuscitation trolly, resuscitation suction and mechanical pumps, resuscitation paediatric spacer and other. Cardiopulmonary resuscitation equipment and defibrillators are used in resuscitation to help patients with sudden cardiac arrest retain their airway, breathing and circulation. In healthcare facilities, pre hospital setting, emergency care and community setting, resuscitation equipment is frequently employed. Increasing demand for resuscitation devices is anticipated to be driven by the rapid rise in cardiovascular disease, traumatic injury and high incidence preterm birth worldwide.
Increasing cardiovascular disease is expected to boost the market growth, as cardiovascular disease is the leading cause of death worldwide. According to the World Health Organization, more than 17.9 million people worldwide die due to cardiovascular disease each year. Accounting for roughly 31% of all fatalities. During cardiac arrest, resuscitation devices are used to provide artificial ventilation, maintain circulation flow and oxygen. Furthermore, the resuscitation market is anticipated to be driven by growing cardiovascular disease worldwide.
Growth and advancement in healthcare sectors have led to an increase in production of resuscitation devices, due to a large pool of incidents involving cardiac and respiratory problems. The increase in new product launches using cutting-edge technology by many major players around the world is anticipated to have a beneficial impact on the growth of the resuscitation devices market. For instance, Royal Philips stated HeartStart intrepid monitor/defibrillator with IntelliSpace connect would be available starting in September 2020. It was developed to offer clinical and administrative efficiencies throughout the whole emergency care continuum. Therefore, increasing technological advancement will contribute to the growth of the resuscitation device market.
Lack of knowledge about the various applications in underdeveloped and developing economics is severely hampering the industry expansion. For instance, less than 2% of India’s population was aware about cardiovascular resuscitation, as per The New Indian Express. This was the main problem since India has a week of public training about cardiopulmonary resuscitation and ambulances cannot arrive within the first 3-5 minutes. It has a negative effect on the demand for use of resuscitation devices.
Medical devices manufacturers are increasingly embracing digital technologies like the internet of medical things, cloud computing, big data analytics and others as part of a fast expanding market in the MedTech sectors. For instance, the Japanese medical equipment business AI medical services inc. reported in April 2022. The business created endoscopic AL using deep learning technologies. It will make use of money to hasten the implementation of endoscopic Al and finance the development of a private cloud-based platform.
The fatal disease covid-19 caused unheard of economic disruption on a worldwide scale. The ability of the healthcare industry to efficiently monitor and assess appropriate treatment services for the covid-19 patients is a greater deal. Patients with the new coronavirus may have cardiovascular symptoms that greatly increase their chance of going into cardiac arrest. In these situations, automated CPR devices were crucial in lowering the risk factors by giving the patient what they needed. In order to decrease cardiac arrest, the American heart association and European resuscitation council have updated recommendations for hospitals using CPR equipment. Due to this market shares have increased significantly during the covid-19 pandemic.
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Shenzhen Mindray bio-medical electronic Ltd announced launch of BeneFusion i/u series infusion system:
BeneFusion i/u Series Infusion Systems have been introduced, according to Shenzhen Mindray Bio-Medical Electronics Co. These intelligent pumps were designed to decrease drug errors, improve efficiency, and save costs.
ZOLL medical corporation collaborated with BewellConnect:
For research and development of a mobile health solution that incorporates ZOLL RescueNet AmbulancePad with BewellConnect VisioCheck for the French market, Visiomed Group's e-health subsidiary BewellConnect was hired.
Top Companies Market Share in Resuscitation Devices Industry: (In no particular order of Rank)
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North America has the highest growth in the Resuscitation Devices market. Due to rising prevalence of cardiac and respiratory diseases, growing geriatric population, presence of numerous medical device companies, increasing research and development expenditure, product innovation and technological advancements, the United States holds the highest proportion of the market for resuscitation devices. Additionally, a strong healthcare infrastructure and increasing healthcare spending are anticipated to drive this region's market growth.
The current report Scope analyzes Resuscitation Devices Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Resuscitation Devices Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Resuscitation Devices Industry growth. Resuscitation Devices market has been segmented with the help of its Patient Type , Product Type End user , and others. Resuscitation Devices market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on patient type the Resuscitation Devices market is divided into adult and paediatric patients. Adult patient type segment dominates the market. This is mostly due to the increasing population of elderly people and chronic diseases. The world health organization estimated that in 2020 there will be more people over 60 than children under five. Living a healthy lifestyle can frequently significantly lower the chance of acquiring cardiovascular disease, despite it being one of the top causes of death and disability. The risk of developing CVD increases with age and is highest in people over 50. Therefore, the adult patient type segment has the highest market share.
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Based on product type the Resuscitation Devices market is divided into airway management devices, external defibrillators and others. Airway management devices have the highest growth rate. Chronic obstructive pulmonary disease prevalence is increasing. The American lung association estimates that COPD affects 12.5 million adults annually, leading to millions of admissions in emergency rooms. The segment revenue growth is also being fuelled by the accessibility of numerous commercial gadgets and increasing quantity of new products being introduced by top companies. For instance, Getinge debuted their new Servo-c mechanical ventilator in January 2023. This device is targeted at certain markets and offers lung protective therapy options for both paediatric and adult patients. Modular component components used by Servo-c help with smart fleet management by ensuring uptime and reducing expenses without the usage of specialised disposables. Therefore, the airway management device has the largest growth rate.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Resuscitation Devices market report 2024 Edition by contacting our team.
Based on end user, the Resuscitation Devices market is divided into hospitals, diagnostic centres, ambulatory surgery centres, homecare setting and other. Hospitals have the highest market share. It is due to the increasing number of patients hospitalized due to trauma or accident cases. The American association for the surgery of trauma estimates that each year in the United States, trauma results in about 3 million non-fatal injuries in addition to 150,000 fatalities. Over 5 million individuals die from injuries worldwide each year. Due to the above mentioned factor, the hospital segment has the highest market share.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses
I played a pivotal role in conducting market research and competitive analysis. I have a demonstrated ability to synthesize diverse data sources, identify trends, and translate findings into actionable recommendations. My collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization. I am committed to maintaining excellence through continuous learning and staying ahead of industry trends. Regular participation in conferences and professional development opportunities keeps my skills sharp and relevant.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Resuscitation Devices Market is witnessing significant growth in the near future.
In 2023, the Adult patient segment accounted for noticeable share of global Resuscitation Devices Market and is projected to experience significant growth in the near future.
The Airway Management Devices segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Medtronic , Medkm healthcare and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Patient Type | Adult patient, Paediatric patient |
Product Type | Airway Management Devices, External Defibrillators, Others |
End user | Hospitals, Diagnostic centres, Ambulatory surgery centres, Homecare setting, Other |
List of Competitors | Medtronic, ZOLL Medical corporations, Medkm healthcare, Sunlife science, Jolife AB, SCHILLER, Stryker, Teleflex incorporated, Zeal medical private limited, Smiths medical |
This chapter will help you gain GLOBAL Market Analysis of Resuscitation Devices. Further deep in this chapter, you will be able to review Global Resuscitation Devices Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Resuscitation Devices Market Trends North America Resuscitation Devices Technological Road Map North America Resuscitation Devices Market Drivers North America Resuscitation Devices Market Restraints North America Resuscitation Devices Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
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Chapter 3 Europe Market Analysis
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Chapter 4 Asia-Pacific Market Analysis
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Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Patient Type Analysis 2019 -2031, will provide market size split by Patient Type . This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Patient Type Analysis 2019 -2031
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Chapter 11 Market Split by Product Type Analysis 2019 -2031
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Chapter 12 Market Split by End user Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Resuscitation Devices market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Adult patient have a significant impact on Resuscitation Devices market? |
What are the key factors affecting the Adult patient and Paediatric patient of Resuscitation Devices Market? |
What is the CAGR/Growth Rate of Airway Management Devices during the forecast period? |
By type, which segment accounted for largest share of the global Resuscitation Devices Market? |
Which region is expected to dominate the global Resuscitation Devices Market within the forecast period? |
Segmentation Level Customization |
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Country level Data Customization |
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Company Level |
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Additional Qualitative Data |
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Additional Quantitative Data |
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