Resuscitation Devices Market Size, Share, Trends and Industry Forecast 2030 | P&S Intelligence

Resuscitation is the action or process of reviving breaths of a patient in unconsciousness or apparent death stage. The resuscitator keeps patient oxygenated and alive by using positive pressure to inflate the lungs.

The resuscitation devices market in terms of procedure type is categorized into cardiac resuscitation, pulmonary resuscitation, cardiopulmonary resuscitation and neonatal resuscitation. Among all of these, the cardiopulmonary resuscitation category holds the largest share in the market. This is primarily due to the increasing number of cardiac cases across the world.

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The resuscitation devices market on the basis of product is categorized into defibrillators and airway management devices; spinal care; sorting equipment; suction devices; training ais; spare parts; vacuum immobilization; ventilators; and accessories (including bags valve masks, hyperinflation systems, and oxygen resuscitation kit). Among these, the defibrillators and airway management devices category hold the largest market share. This is primarily due to the fact that according to the Resuscitation Council (UK), every healthcare practice should be equipped with an automated external defibrillator (AED) and should be available at public places.

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Increasing prevalence of chronic diseases, rising number of hospitalization cases, growing geriatric population, and improving healthcare infrastructure are some other factors driving the growth of the resuscitation devices market. The U.S. has the fastest-growing geriatric population globally. According to the 2018 Population Reference Bureau report, the total number of Americans aged 65 and older is anticipated to increase nearly twofold, from 46 million in 2014 to over 98 million by 2060. With the increase in age, elderly people tend to become susceptible to chronic diseases, majorly cardiovascular disorders (CVDs). Thus, with the growing number of elderly people, the demand for resuscitation devices is increasing in the North American region.

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On the occasion of the 73rd Session of the United Nations General Assembly, Royal Phillips announced the successful development of the "Augmented Infant Resuscitator (AIR)," an add-on device for conventional neonatal bag-valve-mask (BVM) resuscitators that helps caregivers to effectively resuscitate asphyxiated newborns. Developed in the collaboration with the Consortium for Affordable Medical Technologies (CAMTech) at Massachusetts General Hospital Global Health, Philips' Augmented Infant Resuscitator aims to reduce neonatal mortality, especially in countries with weak health infrastructure.

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