According to FutureWise analysis the market for Resuscitation Devices in 2023 is US$ 7.97 billion, and is expected to reach US$ 11.7 billion by 2031 at a CAGR of 4.90%.
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.