The resuscitation devices global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Resuscitation Devices Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The resuscitation devices market size has grown strongly in recent years. It will grow from $8.93 billion in 2023 to $9.62 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. 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 $13.02 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. 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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Scope Of Resuscitation Devices Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Resuscitation Devices Market Overview
Market Drivers –
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.
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
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Regional Insights –
North America was the largest region in the resuscitation devices market in 2023. Europe 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.
Key Companies –
Major companies operating in the resuscitation devices market include 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.
Table of Contents
1. Executive Summary
2. Resuscitation Devices Market Report Structure
3. Resuscitation Devices Market Trends And Strategies
4. Resuscitation Devices Market – Macro Economic Scenario
5. Resuscitation Devices Market Size And Growth
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27. Resuscitation Devices Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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