Global Resuscitation Devices Market Size, Share, and COVID-19 Impact Analysis, By Product (External Defibrillators, Airway Management Devices, Convective Warming Blankets, and Other Resuscitation Devices), By Patient Type (Adult Patients, and Pediatric Patients), By End User (Hospitals, Ambulatory Surgical Centers (ASCs), Cardiac Centers, Pre-Hospital Care Settings and Other), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Industry: Healthcare

RELEASE DATE Jun 2024
REPORT ID SI4624
PAGES 210
REPORT FORMAT PathSoft

Global Resuscitation Devices Market Insights Forecasts to 2033

  • The Global Resuscitation Devices Market Size was Valued at USD 3.98 Billion in 2023
  • The Market Size is Growing at a CAGR of 7.42% from 2023 to 2033
  • The Worldwide Resuscitation Devices Market Size is Expected to Reach USD 8.14 Billion by 2033
  • Asia Pacific is Expected to Grow the fastest during the forecast period.

Global Resuscitation Devices Market

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The Global Resuscitation Devices Market Size is Anticipated to Exceed USD 8.14 Billion by 2033, Growing at a CAGR of 7.42% from 2023 to 2033.

 

Market Overview

Resuscitation devices inflate the lungs with positive pressure, which keeps the patient oxygenated and helps revive the patient's breath or induce spontaneous breathing in patients who are unconscious or appear to be dead. Most resuscitation device is single-patient exclusively, disposable, and free of latex. One way to try to restart respiration and heart and restore circulation is to utilize resuscitation device. Cardiopulmonary resuscitation is an invasive procedure that includes the use of a chest compression device, administering electric shocks via a defibrillator, injecting medications, and ventilating the patient's lungs. In hospitals, pre-hospital settings, emergency care, and community settings, resuscitation device is frequently utilized. The rise in sudden cardiac arrest cases globally, the frequency of cardiovascular diseases and traumatic injuries, and the support of governments for resuscitation are the factors driving the market for resuscitation devices. The need for these devices has been fueled by the rising incidence of obstructive lung disease and the rise in traffic accidents. The market for resuscitation device worldwide as a result of a rise in trauma and cardiovascular illnesses including arrhythmias and myocardial infarction.

 

Report Coverage

This research report categorizes the market for the global resuscitation devices market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global resuscitation devices market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global resuscitation devices market.

 

Resuscitation Devices Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 3.98 Billion
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :7.42%
2033 Value Projection:USD 8.14 Billion
Historical Data for:2019-2022
No. of Pages:210
Tables, Charts & Figures:110
Segments covered:By Product, By Patient Type, By End User, By Region
Companies covered:: Ambu A/S, Cardinal Health, Mindray Medical, Nihon Kohden, Salter Labs, GE Healthcare, Roper Technologies, Vyaire Medical, Intersurgical, Flexicare, KARL STORZ, Koninklijke Philips N.V., Medtronic plc, ZOLL Medical Corporation, and Others Key Vendors.
Pitfalls & Challenges:COVID-19 Empact,Challenges, Future, Growth, & Analysis

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Driving Factors

Growing awareness of the significance of prompt and efficient resuscitation activities, along with the rising incidence of cardiac arrests and respiratory diseases, are driving the market for resuscitation device. The need for resuscitation devices is growing due to factors including the aging population and the increased prevalence of chronic illnesses. In addition, technological developments like the creation of portable and automated resuscitation device are improving the effectiveness and accessibility of life-saving measures. Global healthcare systems’s focus on emergency planning and response is anticipated to drive market expansion in a short time due to the need for creative and easy-to-use resuscitation device. The rise in cardiac arrests, serious injuries, and other medical emergencies has led to a growing demand for resuscitation devices.

 

Restraining Factors

Insufficient knowledge and instruction regarding the appropriate handling of these devices among healthcare providers impede their efficient implementation, hence influencing patient results. Additionally, financial limitations in some areas prevent the market from growing since they make it more difficult for healthcare facilities to invest in advanced resuscitation methods. All things considered, removing these market difficulties requires a multifaceted strategy that includes streamlined regulations, affordable fixes, and extensive training initiatives for medical professionals.

 

Market Segmentation

The global resuscitation devices market share is classified into product, patient type, and end-user.

  • The airway management devices segment dominates the market with the largest market share through the forecast period.

Based on the product, the global resuscitation devices market is categorized into external defibrillators, airway management devices, convective warming blankets, and other resuscitation devices. Among these, the airway management devices segment dominates the market with the largest market share through the forecast period. A variety of tools and medical techniques are used as part of airway management devices to both prevent and treat airway blockage. The devices provide unobstructed gas exchange between the patient's lungs and the surrounding environment. The high prevalence of COPD and the high number of instances of asthma and bronchitis contributed to the dominance of the airway management devices sector in this market. because resuscitation equipment is readily available on the market and airway management devices are being used more frequently for different ventilation management of sick patients.

 

  • The adult patients segment is anticipated to grow at the fastest CAGR growth through the forecast period.

Based on the patient type, the global resuscitation devices market is categorized into adult patients and pediatric patients. Among these, the adult patients segment is anticipated to grow at the fastest CAGR growth through the forecast period. The growing number of adult patients and the fact that most ventilators are single-use devices will drive growth for the adult patients segment.

 

  • The hospitals segment accounted for the largest revenue share through the forecast period.

Based on the end-user, the global resuscitation devices market is categorized into hospitals, ambulatory surgical centers (ASCs), cardiac centers, pre-hospital care settings, and others. Among these, the hospitals segment accounted for the largest revenue share through the forecast period. The resuscitation devices are the most traditional and established way of managing patients with critical illnesses, hospitals and ambulatory care clinics are preferred for their convenient availability.

 

Regional Segment Analysis of the Global Resuscitation Devices Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is anticipated to hold the largest share of the global resuscitation devices market over the predicted timeframe.

 

Global Resuscitation Devices Market

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North America is projected to hold the largest share of the global resuscitation devices market over the forecast period. The primary reasons driving the market's growth in North America are the aging population, the rise in heart and respiratory illnesses, and ongoing technical and product improvements. People are becoming more aware of these devices as the first line of emergency care due to the rising frequency of sudden cardiac arrest cases in the United States. The market expansion in the region has been fueled by this particular aspect. Due to the high occurrence of heart attacks, the rise in market participants, and the increase of the products available in this region.

 

Asia Pacific is expected to grow at the fastest CAGR growth of the global resuscitation devices market during the forecast period. The Asia Pacific market is expected to develop because of an increase in the incidence of cardiovascular and chronic obstructive pulmonary disorders, both of which can cause unexpected cardiac arrests. The demand for emergency resuscitation in the region has been fueled by this issue. The existence of heavily populated nations like China and India raises the prevalence of heart disease, as well as the growing variety of techniques and patterns used by companies in the industry.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global resuscitation devices market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Ambu A/S
  • Cardinal Health
  • Mindray Medical
  • Nihon Kohden
  • Salter Labs
  • GE Healthcare
  • Roper Technologies
  • Vyaire Medical
  • Intersurgical
  • Flexicare
  • KARL STORZ
  • Koninklijke Philips N.V.
  • Medtronic plc
  • ZOLL Medical Corporation
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In March 2022, ZOLL Medical Corporation (Asahi Kasei) launched an Arrhythmia Management System (AMS). The product adds biometric data, such as heart rate, and respiratory rate, to the ECG information given by traditional MCT devices.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global resuscitation devices market based on the below-mentioned segments: 

 

Global Resuscitation Devices Market, By Product

  • External Defibrillators
  • Airway Management Devices
  • Convective Warming Blankets
  • Other Resuscitation Devices

 

Global Resuscitation Devices Market, By Patient Type

  • Adult Patients
  • Pediatric Patients

 

Global Resuscitation Devices Market, By End User

  • Hospitals
  • Ambulatory Surgical Centers (ASCs)
  • Cardiac Centers
  • Pre-Hospital Care Settings
  • Other

 

Global Resuscitation Devices Market, By Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1.Which are the key companies that are currently operating within the market?
    Ambu A/S, Cardinal Health, Mindray Medical, Nihon Kohden, Salter Labs, GE Healthcare, Roper Technologies, Vyaire Medical, Intersurgical, Flexicare, KARL STORZ, Koninklijke Philips N.V., Medtronic plc, ZOLL Medical Corporation, and Others.
  • 2.What is the size of the global resuscitation devices market?
    The Global Resuscitation Devices Market Size is Expected to Grow from USD 3.98 Billion in 2023 to USD 8.14 Billion by 2033, at a CAGR of 7.42% during the forecast period 2023-2033.
  • 3.Which region is holding the largest share of the market?
    North America is anticipated to hold the largest share of the global resuscitation devices market over the predicted timeframe.

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