Automated CPR Devices Market Overall Study Report 2021-2028 | ZOLL Medical Corporation, Stryker Corporation, Brunswick Biomedical Technologies

Overview

This report consists of the Automated Cardiopulmonary Resuscitation (CPR) devices which are mechanically-actuated and battery-driven, pneumatically-driven, and battery-driven devices. Generally, these devices are used in cardiac catheterization labs, ambulances, Emergency Medical Services (EMS), Emergency Medical Technician (EMT) rescue units, hospitals, and coronary & intensive care units, air medevac units.

Statistics

By 2017, the global automated CPR devices market is estimated to have a valuation of US$ 196.0 million.

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Drivers

Rising use of automated CPR devices in emergency services is expected to boost growth of the global automated CPR devices market during the forecast period. In June 2019, Harrisonville Emergency Services of the Missouri State, U.S., had adopted the LUCAS III automated chest-compression device.

Opportunities

Initiatives by private organizations and government to propel adoption of automated CPR devices is expected to provide sustainable growth opportunities for companies operating in the global automated CPR devices market. In April 2020, a U.S. foundation for charity, the Leona M. and Harry B. Helmsley Charitable Trust, had announced their plan to buy automated mechanical chest-compression devices priced at US$ 4.7 million for diagnosing COVID-19 infected individual with cardiac damage signs.

Restraints

Requirement of high skill-set and training to handle automated CPR devices, is expected to limit growth of the global automated CPR devices market. An extensive training is required for the healthcare workers to handle the automated CPR devices to assure the maximum rates of survival over the cases of sudden cardiac arrest.

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Key Takeaways

In 2019, the global automated CPR devices market was worth around US$ 83.5 million and is anticipated to attain a valuation of US$ 196.0 million by 2027 with a CAGR of 11.3% over the forecast period (2020-2027). Rising adoption of automated CPR for emergency services is expected to boost growth of the global automated CPR devices market.

Market Trends

Policies that will favorably accelerate the adoption of automated CPR devices, are expected to augment growth of the global automated CPR devices market. In January 2020, the Orange County Health Care Agency’s Emergency Medical Services had imposed a policy that required the agencies to include automated CPR devices in their facilities in the U.S.

Numerous fire departments are adopting automated CPR devices. In February 2020, the Manhattan Beach Fire Department had acquired the AutoPulse Resuscitation System, an innovative CPR technology which can be strapped on the patients over the emergency period.

Competitive Landscape

Key companies contributing in the global automated CPR devices market are Brunswick Biomedical Technologies, Stryker Corporation, SunLife Science Inc., ZOLL Medical Corporation, and Michigan Instruments.

Key Developments

The focus of key companies in the market on adopting inorganic strategies to augment their share in the market. In November 2019, at A+A Congress 2019, ZOLL Medical Corporation had showcased its portfolio of resuscitation technologies in Düsseldorf, Germany.

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