In a recent market research study conducted by ESOMAR-certified research firm Future Market Insights (FMI), the Global Manual Resuscitator Industry is poised for significant growth, anticipating a valuation of US$ 845.3 million by the year 2030.
Breathlessness, a primary symptom of Chronic Obstructive Pulmonary Disease (COPD), a severe and prevalent ailment, has become a global health concern. According to the World Health Organization (WHO), the number of COPD sufferers exceeded 250 million in 2019, with over 15 million cases reported in the United States alone, as per the American Lung Cancer Association. Notably, there is currently no known direct cure for COPD, and patients receive symptomatic treatment to alleviate their conditions.
The FMI analysis underscores the critical role of manual resuscitation in addressing the challenges posed by COPD and related respiratory conditions. Manual resuscitators have proven to be effective in providing immediate relief to individuals experiencing breathlessness. However, the study also signals an impending shift in the industry landscape, with the advent of automation poised to influence the market dynamics in the coming years.
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What’s with Infants and Neonates?
According to the WHO, in the year 2018, close to 2.5 Mn children died in the very first month of their life due to pre-term birth, infections, or birth asphyxia.
It further states that around 23% of infants were diagnosed with birth asphyxia in the same year. Resuscitation is a must in cases like these.
The trend mentioned above, apart from COPD, is expected to take the Global Manual Resuscitator Industry at a higher stride in the forecast period (2020-2030).
Global Manual Resuscitator Industry Key Takeaways
- Self-inflating bags accounted for the highest market share in 2019 as their usability is greater in emergency situations. Also, NCBI states that neonatal care could be best adhered to through self-inflating bags.
- Flow-inflating bag (better known as anesthesia bags) is expected to witness exponential growth between 2020 and 2030 as they find their applications in intensive care units, wherein even a bit of fluctuation in oxygen delivery is uncalled for.
- Out-of-hospital cardiac arrests have been increasing worldwide. Around 395,000 such cases are seen in the US alone every single year. The National Academies of Sciences, Engineering, and Medicine (US) has been conducting public workshops for improving strategies to survive cardiac arrests. This will also drive the demand for manual resuscitators as the primary course of treatment.
- The outbreak of Covid-19 has escalated the demand for manual resuscitators as breathlessness is one of the symptoms herein.
Key Participant Insights
The global market is set to enhance its scope in the forecast period, due to the rising number of cardiac arrests. In addition to this, cost-effectiveness is augmenting the sales of manual resuscitators.
The key market players covered by FMI include HUM Systems for Life, GE Healthcare, Covidien Plc, Hopkins Medical Product, Drager Medical AG and Co., Laerdal Medical, and Me. Ber. Srl, Hill, Ambu A/S, Philips Healthcare, CareFusion, Weinmann, and Medline Industries.
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Future Market Insights brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2030. The Global Manual Resuscitator Industry is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on Global Manual Resuscitator Industry based on type (flow-inflating resuscitator, self-inflating resuscitator, T-piece), modality (silicone, PVC, rubber), technology (pop-off valve, PEEP valve, others), type of patient (pediatric, adult, others (infants, neonates), application (COPD, cardiopulmonary arrest, others (asthma, anesthesia), end-use (hospital, out-of-hospital (home care, community care, primary care), ASC, military, others (specialized diagnostic centers, specialized clinics) across seven major regions.
Global Manual Resuscitator Industry Analysis
Global Manual Resuscitator Industry by Product Type:
- Flow-inflating Manual Resuscitators
- Self-inflating Manual Resuscitators
- T-piece
Global Manual Resuscitator Industry by Material:
- Silicone Manual Resuscitators
- PVC Manual Resuscitators
- Rubber Manual Resuscitators
Global Manual Resuscitator Industry by Usage:
- Disposable Manual Resuscitators
- Reusable Manual Resuscitators
Global Manual Resuscitator Industry by Technology:
- Pop-off Valves
- PEEP Valves
- Others
Global Manual Resuscitator Industry by Type of Patient:
- Pediatrics
- Adults
- Others (Neonates and Infants)
Global Manual Resuscitator Industry by End Use:
- Hospitals
- Out-of-Hospitals (Home Care, Community Care, Primary Care)
- ASC
- Military
- Others (Specialized Diagnostic Centers, Specialized Clinics)
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Author
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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