Automated CPR Device Market Poised for Growth, Expected to Reach USD 255.7 Million by 2034 at a 5.4% of CAGR
The automated CPR device market is experiencing significant growth, with an estimated valuation of USD 150.6 million in 2024 projected to increase to USD 255.7 million by 2034. This growth, at a steady compound annual growth rate (CAGR) of 5.4%, underscores the critical role of automated CPR devices in addressing the rising incidence of cardiovascular diseases (CVD) worldwide.
Automated CPR (Cardiopulmonary Resuscitation) devices are crucial in providing consistent and high-quality chest compressions during cardiac arrest, improving the chances of survival and recovery. The increasing prevalence of cardiovascular diseases, the rising demand for advanced emergency medical services, and the growing awareness about the importance of effective CPR are key factors driving the market growth.
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The need for automated CPR equipment has increased dramatically as a result of technological developments and growing public awareness of the importance of precise and efficient CPR. Modern devices have intelligent algorithms that adapt to the specific characteristics of the patient’s chest, optimizing compression depth and pace to improve circulation. Furthermore, these devices often come with integrated feedback mechanisms that ensure appropriate CPR administration and support medical practitioners instantly.
The global healthcare systems are under increasing pressure due to the rising prevalence of heart attacks and sudden cardiac arrests. Automated CPR machines have become essential pieces of equipment in emergency rooms, hospitals, and ambulances because they can begin the resuscitation process quickly, providing the patient critical time.
Key Takeaways:
In the historical period, the market captured a valuation of US$ 99.02 million in 2022.
The United States is estimated to dominate the global market by capturing a huge global market share by 2033.
Based on end-user, ambulances are leading the global market by securing a maximum share during the forecast period.
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Competitive Landscape:
The automated CPR market is highly consolidated owing to the presence of regional and global market players. Key market players worldwide are employing inorganic market strategies to expand their global foothold.
Inorganic strategies include strategic mergers and acquisitions and allying with regional distributors to strengthen their supply chain channels. They are also emphasizing faster product approvals, product development, and patenting. New market entrants focus on new product launches to establish their market presence.
Other Key Players in the Global Market are:
- 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.
Recent Developments in the Global Market:
- Michigan Instruments launched a hand-free automatic CPR device that is lightweight, portable, and helps smooth the transition from manual CPR to automated compressions.
- ZOLL Medical Corporation introduced a new automated CPR devices system, ‘Autopulse,’ which assists EMS personnel in providing high-quality chest compressions in cramped spaces and steep down stairwells.
- A new automated CPR device has been launched by Cintas, which assists healthcare professionals by providing real-time CPR feedback and monitoring, enhancing the survival rate of patients.
Automated CPR Devices Market by Category:
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
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- The Middle East and Africa
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