Resuscitation Devices Market is geared to grow at a CAGR of 4.5% by 2032, increasing demand for emergency care | insightSLICE
Through 2032, the Global Resuscitation Devices Market is projected to grow at a CAGR of 4.5%, and generated revenue of US$ 6.6 billion in 2021.
Nearly every emergency circumstance calls for the use of resuscitation equipment to trigger automatic breathing. A resuscitation trolley, resuscitation masks, resuscitation suction and mechanical pumps, a resuscitation pediatric spacer, ventilators, and other devices are examples of resuscitation devices.
Devices used in resuscitation are typically disposable, latex-free, and intended for a single patient. Additionally, PPE gear including gloves, an apron, and eye protection should be used when using resuscitation tools. By mechanically oxygenating the lungs, resuscitation devices aim to restart normal breathing.
These gadgets aim to improve tissue oxygen intake, maintain oxygen metabolism, and boost oxygen transport.
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The key players of the Global Resuscitation Devices Market are:
Major players active in the global resuscitation devices market 3M, Ambu, Cardinal Health, Drägerwerk AG & Co. KGaA, Flexicare, GE Healthcare, Intersurgical, Koninklijke Philips N.V., Mindray Medical, Medtronic plc, Nihon Kohden, Physio-Control, Roper Technologies, ResMed Inc., Smiths Medical, Salter Labs, Teleflex, Vyaire Medical, and ZOLL Medical Corporation.
Anticipation of growth for the resuscitation devices market:
The market for resuscitation devices is expanding as a result of the rising prevalence of target diseases, the rising market for emergency care, growing interest in supplying defibrillators for public use, the high prevalence of preterm births, and teaching and awareness initiatives regarding defibrillators.
Additionally, according to WHO, heart problems are the leading cause of death globally, accounting for 17.9 million deaths annually. As cardiovascular problems are the leading cause of death and therefore propel the market for resuscitation equipment, this will raise demand for resuscitation devices.
Furthermore, the market for resuscitation devices would rise throughout the forecast timeline due to the clinical advantages of cardiopulmonary resuscitation (CPR) and the increasing need for medical services globally.
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Global Resuscitation Devices Market Key Segments:
By Product Type:
- Airway management devices
- External defibrillators
- Convective warming blankets
- Others
By Patient Type:
- Adult patients
- Pediatric patients
By End User:
- Hospitals
- Ambulatory Surgical Centers (ASCs) and cardiac centers
- Pre-hospital care settings
- Others
By Geography :
- North America
- United States
- Canada
- Rest of North America
- Europe
- Germany
- United Kingdom
- Belgium
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- India
- China
- Australia
- Rest of Asia Pacific
- Middle East & Africa
- UAE
- Saudi Arabia
- Rest of Middle East & Africa
- South America
- Brazil
- Rest of South America
Related reports:
Global Oxytocic Pharmaceuticals Market: https://www.insightslice.com/oxytocic-pharmaceuticals-market
Global Opioid Use Disorder Market: https://www.insightslice.com/opioid-use-disorder-market
Hospitals, ASCs, and cardiac centers make up the majority of resuscitation device end users:
In 2019, the category of hospitals, ASCs, and cardiac centers held the largest market share for resuscitation equipment worldwide.
The rising trend of purchasing in bulk, the rise in donations for the purchase and use of defibrillators, the rise in trauma cases and traffic accidents around the world, and the introduction of training programs to effectively perform and operate lifesaving defibrillation procedures are all factors that contribute to the large share of this end-user segment.
Regional performance of Resuscitation Devices Market
Geographically speaking, North America dominates the market for resuscitation devices. The market is expanding due to the major firms in this region’s ongoing introduction of fresh resuscitation tools that are intended to accelerate the adoption of resuscitation tools.
The European market is thought to be the next largest for resuscitation equipment. The market might grow more favorably as resuscitation devices are increasingly being used in Europe by pharmaceutical and medical professionals.
Due to increasing awareness and understanding of resuscitation devices in the APAC region, the APAC region is seen as an emerging market for resuscitation equipment.
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