Overview

Resuscitation Devices Market is estimated to value over USD 9.7 billion by 2028 end with a CAGR of over 4.6% during the forecast period 2021 to 2028.

Increased insistence for emergency care, rising incidences of target diseases, high prevalence of preterm births, growing emphasis on offering public access to defibrillators and increased awareness and training programs on understanding the functionality of defibrillators are some of the factors driving the resuscitation devices market growth.
Resuscitation is the process of reviving patient breath in apparent death or unconscious stage. It uses positive pressure for inflating the lungs, thereby keeping the patient oxygenated. Ventilators, resuscitation suction, mechanical pumps, resuscitation paediatric spacer, resuscitation trolley and resuscitation masks are some of the various resuscitation devices. These devices are generally latex-free, disposable types and to be used on a single patient. Additionally, personal protective equipment like gloves, eye protection and apron should be used along with the resuscitation devices. With the ongoing COVID-19 pandemic, the demand for resuscitation devices like ventilators has escalated owing to the increasing number of patients getting diagnosed with severe symptoms who require urgent oxygenation and this resuscitation device market trend has been generally observed in geriatric patients and patients with asthmatic problems.
Key market players are continuously developing advanced resuscitation devices, and this has proven to be a major driving factor for the market growth. For instance, Zoll Medical Corp. offers a complete set of resuscitation devices and technologies like Code-Ready monitor defibrillator that assist the healthcare professional and clinicians in providing efficient services to patients. Similarly, Medical Equipment & Gases Australia Pvt. Ltd. provides Oxy-Viva Resuscitator Kit that offers resuscitation, oxygen therapy kit and suction as one complete kit. Such innovations shall increase the customer drive on using resuscitation devices, resulting in the proliferation of the market.

Resuscitation Devices Market

Market Segmentation:

By Product
• Airway Management Devices
o Ventilators
• ICU Ventilators
• Portable Ventilators
o Endotracheal Tubes
o Resuscitators
o Tracheostomy Tubes
o Laryngeal Mask Airways
o Laryngoscopes
o Nasopharyngeal Airways
o Oropharyngeal Airways
• External Defibrillators
o Semi-automated External Defibrillators
o Fully Automated External Defibrillators
o Wearable Cardioverter Defibrillators
• Convective Warming Blankets
• Other Resuscitation Devices

By Patient Type
• Adult Patients
• Pediatric Patients

By End User
• Hospitals, Ambulatory Surgical Centers, and Cardiac Centers
• Pre-hospital Care Settings
• Other End Users

By Region
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

The market is categorised into product, patient type, end user and region. The product segment is classified into airway management devices, external defibrillators, convective warming blankets and other resuscitation devices. The airway management devices segment is predicted to hold the largest resuscitation devices market share, and this can be attributed to a rise in the prevalence of COPD and increasing number of patients diagnosed with bronchitis and asthma. The patient type segment is fragmented into adult patients and paediatric patients. The adult patient segment is anticipated to lead the market owing to the ongoing COVID-19 pandemic where geriatric patients are largely administered with ventilators to keep them oxygenated. However, with the increasing patient population and ventilators mostly being of single use nature shall propel the demand for resuscitation devices from healthcare organizations across the world, thereby boosting the market growth. The end user segment is divided into ambulatory surgical centres, hospitals, pre-hospital care settings, cardiac centres and other users. The hospitals and cardiac centres segments are predicted to dominate the market, and this is due to the rise in the bulk purchasing, increased number of trauma and road accident cases worldwide, growing number of donations regarding the purchase of defibrillators.

Regional Analysis:

The North America region is expected to subjugate the market during the forecast period owing to the increasing geriatric population, rising incidences of respiratory and cardiac diseases, advancements in the development of resuscitation devices in the region.

Competitive Landscape:

Some of the prominent market players are Koninklijke Philips N.V., Nihon Kohden Corporation, Soleno Therapeutics Inc., Zoll Medical Corporation, RAPP Australia Pty Ltd., Farla Medical Ltd., Neotech Medical Systems Pvt. Ltd.

FutureWise Key Takeaways:

• Growth prospects
• SWOT analysis
• Key market trends
• Key data-points affecting market growth

Objectives of the Study:

• To provide with an exhaustive analysis on the global resuscitation devices market by product, by patient type, by end user and by region
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East and Africa
• To record, evaluate and analyze competitive landscape mapping- product launches, technological advancements, mergers and expansions

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