The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s resuscitation devices market report forecasts the resuscitation devices market size to grow to $11.1 Billion by 2027, with a CAGR (compound annual growth rate) of more than 6%.

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Resuscitation Devices Market Size Forecast
The global resuscitation devices market is expected to grow from $8.24 billion in 2022 to $8.76 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The resuscitation devices market size is expected to grow to $11.1 billion in 2027 at a CAGR of 6.1%.

North America held the largest resuscitation devices market share.

Key Resuscitation Devices Market Driver ­– Increase In Incidences Of Cardiac And Respiratory Diseases
For instance, according to the American College of Cardiology, a US-based non-profit medical association, all four CV risk factors are anticipated to rise in prevalence among the general U.S. population between 2025 and 2060, with diabetes showing the largest percentage increase of 39.3%, followed by dyslipidemia, hypertension, and obesity. The most significant anticipated rate increases were heart failure at 33.4% and stroke at 33.8%. Therefore, the rising prevalence of cardiac and respiratory diseases drives the growth of the resuscitation devices market.

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Key Resuscitation Devices Market Trend – Developing Novel Resuscitation Devices
Novel resuscitation devices can help improve patients’ survival after prolonged cardiac arrest (heart attack) and reduce neurologic injury. Major players operating in the resuscitation devices market are indulging in the development of novel resuscitation devices to meet customer demand and strengthen their position. For instance, in June 2020, ZOLL Medical Corporation, a US-based company that manufactures medical devices and related software solutions, launched the ZOLL AED 3 defibrillator. ZOLL AED 3 makes delivery of CPR that adheres to guidelines easier with the Real CPR Help technology and integrated, real-time feedback. The enhanced Real CPR Help includes a full-colour display with realistic rescue visuals, a CPR cycle timer, and a sizable colour bar gauge that displays CPR compression depth. A soothing voice instructs rescuers to halt when the cardiac analysis is finished. It also warns them if a shock is necessary or if CPR should be restarted.

Resuscitation Devices Market Segment
1) By Product: Airway Management Devices, External Defibrillators, Convective Warming Blankets, Other Products
2) By Patient Type: Adult Patients, Pediatric Patients
3) By End User: Hospitals, Diagnostic Centers, Ambulatory Surgical Centers, Other End-users

Resuscitation Devices Market Major Players and Strategies
Major players in the resuscitation devices market are Koninklijke Philips N.V., Medtronic plc, Physio-Control, Drägerwerk AG, Ambu A/S, 3M, GE Healthcare, ZOLL Medical Corporation, Nihon Kohden Corporation, Cardinal Health, Mindray Medical International Limited, Teleflex, Intersurgical, Salter Labs Inc., Smiths Medical, Vyaire Medical, RAPP Australia, and Neotech Medical Systems Pvt. Ltd.

In September 2021, Cardio Partners, Inc., a US-based company specialising in emergency preparedness solutions, acquired Allied 100, LLC, for an undisclosed amount. Through this acquisition, Cardio Partners and Allied 100 offer professional and lay first responder markets with enhanced sudden cardiac arrest (SCA) solutions, training, and services. Allied 100 is a US-based company specialising in automated external defibrillators and related accessories.

The Resuscitation Devices Global Market Report 2023 covers regional data on resuscitation devices market size, resuscitation devices market trends and drivers, opportunities, strategies, and resuscitation devices market competitor analysis. The countries covered in the resuscitation devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Resuscitation devices are used in crises to assist in the process of reviving the patient’s breath or inducing spontaneous breathing in patients who are unconscious or appear to be dead by inflating the lungs with positive pressure, which maintains the patient oxygenated. Resuscitation devices are typically disposable, latex-free, and intended for single-patient use.

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