The global automated CPR devices market is poised for a significant surge, with a projected valuation of US$344.44 million by 2033. This substantial growth represents a major leap from the anticipated US$110.9 million valuation in 2023. Analysts predict a robust Compound Annual Growth Rate (CAGR) of 12% throughout the forecast period, signifying a thriving market for these life-saving devices.
Automated CPR devices are designed to ensure consistent and effective CPR during emergencies, even when bystanders have limited medical training. Their increasing adoption has the potential to significantly improve survival rates following cardiac arrest. As awareness of these devices grows and their efficacy is further proven, the market for automated CPR devices is expected to witness continued expansion.
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As awareness of these devices grows and their efficacy is further established, the market for automated CPR devices is expected to witness continued expansion. This growth will likely be driven by:
- Increasing prevalence of cardiovascular diseases:With a rising global population and aging demographics, the number of people susceptible to cardiac arrest is expected to grow. Automated CPR devices can provide immediate and effective intervention in such emergencies.
- Focus on improving public health outcomes:Governments and healthcare organizations are placing greater emphasis on improving public health preparedness, including bystander CPR training. Automated CPR devices can complement these efforts by providing additional support in emergency situations.
- Technological advancements:Advancements in automation, miniaturization, and data analysis are expected to further enhance the capabilities and user-friendliness of automated CPR devices, making them even more valuable tools for emergency resuscitation.
Key Takeaways:
In the historical period, the market captured a valuation of US$ 99.02 million in 2022.
The United States is estimated to dominate the global market by capturing a huge global market share by 2033.
Based on end-user, ambulances are leading the global market by securing a maximum share during the forecast period.
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Competitive Landscape:
The automated CPR market is highly consolidated owing to the presence of regional and global market players. Key market players worldwide are employing inorganic market strategies to expand their global foothold.
Inorganic strategies include strategic mergers and acquisitions and allying with regional distributors to strengthen their supply chain channels. They are also emphasizing faster product approvals, product development, and patenting. New market entrants focus on new product launches to establish their market presence.
Other Key Players in the Global Market are:
- SunLife Science Inc.
- ZOLL Medical Corporation
- Michigan Instruments
- Physio Control Inc.
- Brunswick Biomedical Technologies
- Zhuhai Kindway Medical Science & Technology Co. Ltd
- CPR Medical Devices Inc.
- Medtronic Inc.
Recent Developments in the Global Market:
- Michigan Instruments launched a hand-free automatic CPR device that is lightweight, portable, and helps smooth the transition from manual CPR to automated compressions.
- ZOLL Medical Corporation introduced a new automated CPR devices system, ‘Autopulse,’ which assists EMS personnel in providing high-quality chest compressions in cramped spaces and steep down stairwells.
- A new automated CPR device has been launched by Cintas, which assists healthcare professionals by providing real-time CPR feedback and monitoring, enhancing the survival rate of patients.
Automated CPR Devices Market by Category:
By Power Source:
- Pneumatically Driven CPR Devices
- Battery-driven CPR Devices
- Mechanically Actuated And Battery-driven CPR Device
By Device Type:
- Piston Devices
- Load Distribution Devices
- 3D Compression Devices
By End User:
- EMS
- Hospitals
- Ambulances
- Coronary & Intensive Care Units
- Cardiac Catheterization Labs
- Air Med-Evac Units
- EMT Rescue Units
- Others
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- The Middle East and Africa
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