The global automated CPR device market is poised for notable expansion, with an estimated valuation of USD 150.6 million in 2024. According to industry projections, the market is expected to reach USD 255.7 million by 2034, growing at a compound annual growth rate (CAGR) of 5.4% over the assessment period.
The rising incidence of cardiovascular diseases (CVD) is a major driver of this market growth. Over the past decade, the prevalence of CVD has surged, with global deaths due to cardiovascular diseases increasing from 28.9% in 1990 to 36.3% in 2020. In 2020 alone, 19.8 million deaths were attributed to cardiovascular diseases, underscoring the critical need for effective emergency medical interventions like automated CPR devices.
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Automated CPR equipment has seen a sharp increase in demand due to advancements in technology and heightened public awareness of the value of precise and effective CPR. Intelligent algorithms built into contemporary devices adjust to the unique properties of the patient’s chest, maximizing compression depth and rate to enhance circulation. Additionally, these gadgets frequently include built-in feedback systems that guarantee proper CPR administration and assist medical professionals in real-time.
Because heart attacks and abrupt cardiac arrests are becoming more common, pressure is mounting on the world’s healthcare systems. Since automated CPR machines can start the resuscitation procedure rapidly, giving the patient vital time, they have become indispensable pieces of equipment in emergency departments, hospitals, and ambulances.
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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