The global resuscitation devices market is projected to reach an approximate value of USD 7.8 billion by 2025, growing at a CAGR of 4.5%. Rise in emergency care visits, increase in cases of sudden cardiac arrest and trauma, and huge investments in R&D for resuscitation are factors driving the global resuscitation devices market.
Adroit Market Research report on global resuscitation devices market gives a holistic view of the market from 2015 to 2025, which includes factors such as market drivers, restraints, opportunities and challenges. The market has been studied for historic years from 2015 to 2017, with the base year of estimation as 2018 and forecast from 2019 to 2025. The report covers the current status and future traits of the market at global as well as country level. In addition, the study also assesses the market based on Porter's five forces analysis and positions the key players based on their product portfolio, geographic footprint, strategic initiatives and overall revenue. Prominent players operating in the global resuscitation devices market have been studied in detail.
Resuscitation is the restoration of the physiological functions in patients with an episode of sudden cardiac arrest. Resuscitation devices such as defibrillators, resuscitators are used in such emergency situations in order to improve the cardiac and respiratory functions in patients, thus, increasing the chances of survival. The devices are majorly used in hospitals, emergency care departments, critical care settings, ambulance, ambulatory surgical centers and cardiac centers. Increase in the incidence of traumatic injuries and rapid rise in neonatal mortality due to birth asphyxia are the major factors anticipated to drive the demand for resuscitation devices in the future.
The global resuscitation devices market has been segmented based on product, patient group, end-user, and region. Based on products, the global resuscitation devices market is categorized into airway management devices, external defibrillators, and others. These devices find usage in adult and pediatric applications. Pediatric segment is expected to witness lucrative growth in the forecast period. Resuscitation devices are majorly adopted in hospitals and cardiac centers, pre-hospital care settings and other facilities. Hospitals dominated the global resuscitation devices market in 2018 owing to increase in adoption of ventilators, resuscitators, and defibrillators in hospitals for patients suffering with cardiac and respiratory disorders.
North America dominated the global resuscitation devices market in 2018. High incidences of trauma, large patient population with cardiac and respiratory diseases, presence of well-established healthcare facilities, increase in grants and support for neonatal resuscitation in the region are key factors likely to drive the growth of the market in the next few years.
Major players operating in the global resuscitation devices market include Koninklijke Philips N.V., Zoll Medical Corporation (Asahi Kasei), Physio-Control (Stryker Corporation), Smiths Medical, Ambu, Medtronic plc, GE Healthcare, Vyaire Medical, among others.
Key Segments of the Global Resuscitation Devices Market
Product Overview, 2015-2025 (USD Million)
- Airway Management Devices
- Endotracheal Tubes
- Ventilators
- Laryngeal Masks
- Resuscitators
- Others
- External Defibrillators
- Semi-automated External Defibrillators
- Automated External Defibrillators
- Wearable Cardioverter Defibrillators
- Others
Patient Group Overview, 2015-2025 (USD Million)
- Adults
- Pediatric
End-user Overview, 2015-2025 (USD Million)
- Hospitals & cardiac centers
- Pre-hospital care settings
- Others
Regional Overview, 2015-2025 (USD Million)
- North America
- U.S.
- Canada
- Europe
- Germany
- United Kingdom
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa