Press release
Resuscitation Devices Market Outlook 2020- Industry Insights, Growth Analysis, Future Trends, Forecasts To 2030 | Impacts of COVID-19
The global resuscitation devices market is estimated to account forover US$ 6.5 billion in 2019. It is anticipated to grow at a CAGR of ~4.5% from 2019 to 2030.The significant growth of the market can be attributed to growing geriatric population,and currently the overwhelming demand for resuscitation devices for treatment of COVID-19 among others. Moreover,the increasing prevalence of various target diseases and rising demand for emergency care, and training &awareness programs regardingdefibrillators are anticipated to boost the market during the forecast period.
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Top Players:
The prominent players in the global resuscitation devices market are Medtronic Plc, Koninklijke Philips N.V., Cardinal Health, ZOLL MEDICAL CORPORATION, Mindray Medical, Nihon Kohden, Teleflex, Resmed, Inc., 3M Company, GE Healthcare, and others.
Growing Demands:
Moreover, key players operating in the market provides a comprehensive set of resuscitation technologies &devices to facilitate patients and healthcare professionals better. These devices provide healthcare professionals withextensive support for resuscitation. Additionally, these devices are also available for neonatal use.These are some of the primary factors which have propelled the growth of the resuscitation devicesmarket in recent times. For instance, Medical Equipment & Gases Australia Pty Ltd, offers Oxy-Viva 3 Resuscitator Kits; this deviceenables suction, resuscitation, and oxygen therapy in one compact kit. Such offeringsare expected to attract new customers and eventually boost the market in the coming years.
Cardiac arrest can happen to anyone suddenly. Severalforms of resuscitation devices aim to initiate spontaneous breathing, by mechanically ventilating the lungs of an unconscious person whosebreathing is compromised. The machine performs its function to keep the lungsoxygenated artificially. Defibrillators,if used correctly, can alsobe used to restore bloodcirculation.
The global resuscitation devices market is segmented into product, patient type, end users, and region.
Resuscitation Devices Market By Product:
External Defibrillators,
Airway Management Devices,
Convective Warming Blankets
Resuscitation Devices Market By Patient Type:
Adult Patients
Pediatric Patients
Resuscitation Devices Market By End User:
Hospitals,
Ambulatory Surgical &Cardiac Centers,
Pre-Hospital Care Settings
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Restrain of Market:
Incorrect alignment of these devices may result in several complications, chances of injuries such as rib fractures and other harmful effects of certain products on neonates may restrain the growthof the market. Moreover, lack of trained professionals and high cost of devices, are expected to hamper the growth of the market to a certain extent during the forecast period.
Regional Analysis:
North America accounted for the largest share in theresuscitation devicesmarket in 2019. The presence of advanced healthcare infrastructure,rising geriatric population, and increasing incidents of cardiac &respiratory ailments are a few of the factors responsible for the large market share of this region.
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Table of Contents
1.INTRODUCTION
1.Market Definition
2.Market Ecosystem
1.Market Classification
2.Geographic Scope
3.Years Considered for the Study
1.Historical Years – 2016 & 2017
2.Base Year – 2018
3.Forecasted Years – 2019 to 2030
3.Currency Used for the Study
4.Report Beneficiary List
2.RESEARCH METHODOLOGY
1.Research Framework
2.Data Collection Technique
3.Data Sources
1.Secondary Sources
2.Primary Sources
4.Market Estimation Methodology
1.Bottoms Up Approach
2.Top Down Approach
5.Data Validation and Triangulation
1.Market Forecasting Model
2.Limitations of the Study
3.Assumptions of the Study
3.ABSTRACT OF THE STUDY
4.MARKET DYNAMICS ASSESMENT
1.Overview
2.Drivers
3.Barriers/Challenges
4.Opportunities
In the end, Resuscitation Devices Market industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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