According to the new market research report "Resuscitation Devices Market by Product (Defibrillator, Endotracheal & Tracheostomy Tube, Masks, Airways, Laryngoscopes, Resuscitators, Ventilators), Patient Type (Neonatal, Adult), End User (Hospital, Ambulance, ICU), Volume - Global Forecast to 2025", published by MarketsandMarkets™, the Resuscitation Devices Market is projected to reach USD 8.7 billion by 2025 from USD 6.9 billion in 2020, at a CAGR of 4.7% during the forecast period.
Browse in-depth TOC on "Resuscitation
Devices Market.”
145 – Tables
36 – Figures
187 – Pages
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The growth in the global Resuscitation Devices
Market is driven by the rising prevalence of target diseases, increasing demand
for emergency care, growing focus on providing public-access defibrillators,
high incidence of preterm births, and training & awareness programs on
defibrillators. Also, emerging markets and the development of wearable
defibrillators are expected to offer growth opportunities for players operating
in this market.
Airway management devices segment accounted for the
largest share of the market in 2019
On the basis of product, the market is segmented into external
defibrillators, airway management devices, convective warming blankets, and
other resuscitation devices. The airway management devices segment accounted
for the largest share of this market in 2019, majorly due to the high
prevalence of chronic respiratory diseases, increasing demand for emergency
care, and the high incidence of preterm births.
Hospitals, ASCs, and cardiac centers segment accounted for the largest share
of the market, by end user, in 2019
Based on end user, the market is segmented into hospitals, ambulatory
surgical centers (ASCs), and cardiac centers; pre-hospital care centers; and
other end users. Hospitals, ASCs, and cardiac centers were the largest end
users of resuscitation devices in 2019. The launch of training programs to efficiently
undertake and operate lifesaving defibrillation procedures, increasing number
of donations with regard to the purchase/implementation of defibrillators, and
growing number of trauma cases and road accidents across the globe are few of
the major factors driving the growth of this end-user segment.
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North
America accounted for the largest share of the
Resuscitation Devices Market in 2019
In 2019, North
America accounted for the largest share of the market.
The rising geriatric population, increasing incidence of cardiac and
respiratory diseases, and continuous technological advancements and product
innovations are the major factors driving the growth of the resuscitation
devices market in North
America. Also, increasing efforts by governments to provide
the necessary care to cardiac arrest victims at public places through
public-access defibrillation programs have increased the demand for emergency
care in the region.
Top Key Players:-
Prominent players in the Resuscitation Devices
Market include Koninklijke Philips N.V. (Netherlands),
Medtronic plc (Ireland),
ZOLL Medical Corporation (US), ResMed, Inc. (US), Physio-Control (acquired by
Stryker Corporation, US), Drägerwerk AG & CO. KGaA (Germany),
Smiths Medical (US), Ambu
(Denmark), Cardinal Health (US), Mindray Medical (China),
Nihon Kohden (Japan),
Teleflex (US), Salter Labs (US), GE Healthcare (US), Roper Technologies (US),
Vyaire Medical (US), Intersurgical (UK), 3M (US),
Flexicare (UK), and KARL
STORZ (Germany).
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