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07-Aug-2023

Saving Lives with Technology: The Growing Market for Automated CPR Devices is projected to reach US$ 344.44 Million by 2033 | FMI

Cardiac arrest is a life-threatening condition that requires immediate intervention to restore blood circulation and prevent brain damage. Cardiopulmonary resuscitation (CPR) is a vital procedure used to sustain blood flow manually, but it can be physically demanding for healthcare providers and may not always be performed optimally. To address these challenges, the medical industry has witnessed the emergence of Automated CPR Devices Market, revolutionizing the way cardiac resuscitation is carried out. These innovative devices provide consistent and effective compressions, ensuring a higher chance of patient survival.

Traditional manual CPR can be labor-intensive, leading to fatigue in healthcare providers during prolonged resuscitation efforts. Furthermore, maintaining the recommended compression depth and rate can be challenging, leading to variability in the quality of CPR administered. Automated CPR devices are designed to overcome these limitations by offering standardized, uninterrupted, and precise chest compressions, thereby improving the patient’s chances of survival.

The market for automated CPR devices is anticipated to generate revenues of US$ 110.9 million in 2023 and US$ 344.44 million by 2033. A 12% CAGR is predicted for the market during the forecast period.

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The Automated CPR Devices Market has experienced significant growth due to advances in technology and increased awareness of the importance of consistent and high-quality CPR. Modern devices are equipped with intelligent algorithms that can adapt to the patient’s chest characteristics, optimizing compression depth and rate for improved circulation. Additionally, these devices often come with integrated feedback systems that guide healthcare providers in real-time, ensuring they administer effective CPR.

The rising prevalence of cardiovascular diseases, such as heart attacks and sudden cardiac arrests, has placed a considerable burden on healthcare systems worldwide. Automated CPR devices have become essential tools in emergency medical settings, hospitals, and ambulances, as they can quickly initiate the resuscitation process, buying crucial time for the patient before more extensive medical interventions can be administered.

“Rising 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.

Key Takeaways from FMI’s Automated CPR Devices Market Study

  • Presence 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.

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Competitive Landscape:

Automated 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.

  • 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.
  • Medtronic Inc.

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Key Segments Covered:

By Power Source:

  • Pneumatically Driven CPR Devices
  • Battery Driven CPR Devices
  • Mechanically Actuated And Battery Driven CPR Device

By Device Type:

  • Piston Devices
  • Load Distribution Devices
  • 3D Compression Devices

By End User:

  • EMS
  • Hospitals
  • Ambulances
  • Coronary & Intensive Care Units
  • Cardiac Catheterization Labs
  • Air Med-Evac Units
  • EMT Rescue Units
  • Others

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Last Updated: 07-Aug-2023