Resuscitation Devices Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | 4.50 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Resuscitation Devices Market Analysis
The Resuscitation Devices Market is expected to register a CAGR of 5.5% during the forecast period. This is attributing to a high incidence of preterm births, high demand for emergency care, rising incidences of target diseases. In addition, the rising incidence rate of cardiac arrest, awareness programs associated with defibrillators, and growing focus on providing public access defibrillators are also fueling the resuscitation devices market. As per the World Health Organization, cardiovascular diseases are the prime cause of death globally taking around 17.9 million lives every year. This will surge the demand for resuscitation devices as heart diseases are the leading cause of death and drive the overall market. Moreover, clinical advantages associated with cardiopulmonary resuscitation (CPR) and increasing need for medical services around the globe will propel the resuscitation device market in the forecasted period. However, the risk associated with the automated external defibrillators and harmful effects of certain devices on neonates may hamper the market to a certain extent.
Resuscitation Devices Market Trends
This section covers the major market trends shaping the Resuscitation Devices Market according to our research experts:
Airway Management Devices is Estimated to Witness a Healthy Growth in Future.
Airway management devices are estimated to witness a healthy growth in the future due to increasing prevalence of chronic obstructive pulmonary disease (COPD) and rising incidences of asthma and bronchitis. Airway management devices comprise endotracheal tubes, tracheostomy tubes, ventilators, and resuscitators which are used in the treatment of the targeted diseases thus promoting the segment growth. As per World Health Organization 2017, the Global Burden of Diseases reported a prevalence of around 251 million cases of COPD globally in 2016. The presence of a large number of targeted diseases around world will trigger the segment growth in coming year.
North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period
North America is expected to hold a significant market share in the global Resuscitation Devices Market due to the rising prevalence of cardiac and respiratory diseases, increasing geriatric population, presence of a large number of medical device companies, growing research and development expenditure, product innovations and technological advancements. As per the American Lung Cancer Association, COPD is the third major cause of death in the United States and around 15 million population are diagnosed in 2018. The United States owns the largest share of Resuscitation Devices Market in the North America region Furthermore, well-established healthcare infrastructure and growing healthcare expenditure are also expected to fuel the Resuscitation Devices Market in this region.
Resuscitation Devices Industry Overview
The Resuscitation Devices Market is moderately competitive and consists of several major players. Some of the companies which are currently dominating the market are Drägerwerk AG & Co. KGaA, Koninklijke Philips N.V, ZOLL Medical Corporation (Asahi Kasei Group Company), Mindray, Medtronic, Cardinal Health, NIHON KOHDEN CORPORATION, Smiths Medical (Smiths Group plc.), Physio-Control Corporation (Stryker), and GE Healthcare.
Resuscitation Devices Market Leaders
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Drägerwerk AG & Co. KGaA
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Koninklijke Philips N.V
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ZOLL Medical Corporation (Asahi Kasei Group Company)
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Mindray
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Medtronic
*Disclaimer: Major Players sorted in no particular order
Resuscitation Devices Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 High Incidence of Preterm Births
- 4.2.2 High Demand for Emergency Care
- 4.2.3 Rising Incidences of Target Diseases
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4.3 Market Restraints
- 4.3.1 Harmful Effects of Certain Products on Neonates
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4.4 Porter's Five Force Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Product Type
- 5.1.1 Airway Management Devices
- 5.1.1.1 Endotracheal Tubes
- 5.1.1.2 Tracheostomy Tubes
- 5.1.1.3 Ventilators
- 5.1.1.4 Resuscitators
- 5.1.1.5 Others
- 5.1.2 External Defibrillators
- 5.1.2.1 Fully Automated External Defibrillators
- 5.1.2.2 Semi-Automated External Defibrillators
- 5.1.2.3 Wearable Cardioverter Defibrillators
- 5.1.3 Others
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5.2 By End User
- 5.2.1 Hospitals
- 5.2.2 Diagnostic Centers
- 5.2.3 Ambulatory Surgical Centers
- 5.2.4 Others
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5.3 Geography
- 5.3.1 North America
- 5.3.1.1 United States
- 5.3.1.2 Canada
- 5.3.1.3 Mexico
- 5.3.2 Europe
- 5.3.2.1 Germany
- 5.3.2.2 United Kingdom
- 5.3.2.3 France
- 5.3.2.4 Italy
- 5.3.2.5 Spain
- 5.3.2.6 Rest of Europe
- 5.3.3 Asia-Pacific
- 5.3.3.1 China
- 5.3.3.2 Japan
- 5.3.3.3 India
- 5.3.3.4 Australia
- 5.3.3.5 South Korea
- 5.3.3.6 Rest of Asia-Pacific
- 5.3.4 Middle-East and Africa
- 5.3.4.1 GCC
- 5.3.4.2 South Africa
- 5.3.4.3 Rest of Middle-East and Africa
- 5.3.5 South America
- 5.3.5.1 Brazil
- 5.3.5.2 Argentina
- 5.3.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 Drägerwerk AG & Co. KGaA
- 6.1.2 Koninklijke Philips N.V
- 6.1.3 ZOLL Medical Corporation (Asahi Kasei Group Company)
- 6.1.4 Mindray
- 6.1.5 Medtronic
- 6.1.6 Cardinal Health
- 6.1.7 NIHON KOHDEN CORPORATION
- 6.1.8 Smiths Medical (Smiths Group plc.)
- 6.1.9 Physio-Control Corporation ( Stryker)
- 6.1.10 GE Healthcare
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityResuscitation Devices Industry Segmentation
As per the scope, Resuscitation devices aim to initiate spontaneous breathing by mechanically ventilating the lungs. These devices maneuvers optimize tissue uptake of oxygen, improve oxygen delivery, and preserve the metabolic rate of oxygen. Resuscitation Devices Market is segmented By Product Type, End-User and Geography.
By Product Type | Airway Management Devices | Endotracheal Tubes |
Tracheostomy Tubes | ||
Ventilators | ||
Resuscitators | ||
Others | ||
By Product Type | External Defibrillators | Fully Automated External Defibrillators |
Semi-Automated External Defibrillators | ||
Wearable Cardioverter Defibrillators | ||
By Product Type | Others | |
By End User | Hospitals | |
Diagnostic Centers | ||
Ambulatory Surgical Centers | ||
Others | ||
Geography | North America | United States |
Canada | ||
Mexico | ||
Geography | Europe | Germany |
United Kingdom | ||
France | ||
Italy | ||
Spain | ||
Rest of Europe | ||
Geography | Asia-Pacific | China |
Japan | ||
India | ||
Australia | ||
South Korea | ||
Rest of Asia-Pacific | ||
Geography | Middle-East and Africa | GCC |
South Africa | ||
Rest of Middle-East and Africa | ||
Geography | South America | Brazil |
Argentina | ||
Rest of South America |
Resuscitation Devices Market Research FAQs
What is the current Resuscitation Devices Market size?
The Resuscitation Devices Market is projected to register a CAGR of 4.5% during the forecast period (2024-2029)
Who are the key players in Resuscitation Devices Market?
Drägerwerk AG & Co. KGaA, Koninklijke Philips N.V, ZOLL Medical Corporation (Asahi Kasei Group Company), Mindray and Medtronic are the major companies operating in the Resuscitation Devices Market.
Which is the fastest growing region in Resuscitation Devices Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Resuscitation Devices Market?
In 2024, the North America accounts for the largest market share in Resuscitation Devices Market.
What years does this Resuscitation Devices Market cover?
The report covers the Resuscitation Devices Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Resuscitation Devices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Resuscitation Devices Industry Report
Statistics for the 2024 Resuscitation Devices market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Resuscitation Devices analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.