CPR Devices Market by Device Type (Mechanical Piston Device, Active Compression-Decompression (ACD) Devices, Impedance Threshold Device, Load-Distributing Band CPR or Vest CPR, Phased Thoracic-Abdominal Compression-Decompression CPR With a Hand-Held Device, Extracorporeal Techniques, and Invasive Perfusion Devices), By End-user (Ambulances, Coronary & Intensive Care Units, Cardiac Catheterization Labs, Organ Transplant Facilities, Air Medevac Units, EMT Rescue Units, Hospital, Pre-hospital, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2024

Global CPR devices market expected to reach around USD 124.08 million by 2024, growing at a CAGR of 10.5 % between 2018 and 2024. Automatic mechanical cardiopulmonary resuscitation devices perform uninterrupted high-quality CPR and increase survival odds.

16-Jul-2018 | Number of pages: 110 | Report Code: ZMR-3231 | Report Format : | Status : Published

Analysis

Mechanical cardiopulmonary resuscitation (CPR) devices have seen increased use in recent years. Cardiopulmonary resuscitation devices are used for performing external cardiac compressions on adult patients who are suffering from a sudden cardiac arrest. The CPR device has the potential to act as a lifesaving device during cardiac arrest; growing adoption of these devices around the world is expected to drive the CPR devices market in the forecast period.  

The CPR devices market is expected to witness a robust growth in the near future. The market is mainly driven by rising prevalence of chronic heart disease, the prevalence of lifestyle diseases, rising geriatric population, and increased access to emergency medical services. Furthermore, growing awareness regarding the clinical benefits of CPR devices, increasing adoption of CPR devices by end users in the prevention of cardiac arrest is driving the growth of the global CPR device market. However, high cost, trained medical personnel required to use CPR technique are restraining the growth of the market. Technological advancements in medical devices are expected to present rewarding opportunities in the near future.

Global CPR Devices Market

The CPR devices market is segmented based on device type, end-user, and region. On the basis of product type, the global CPR devices market is divided into mechanical piston device, impedance threshold device, active compression-decompression devices, load-distributing band CPR, invasive perfusion devices, and thoracic abdominal compression-decompression CPR device. Mechanical piston CPR device and load-distributing band CPR was the commonly used devices during the casualties and accounted for the major revenue share in 2017.

On the basis of the end–user, the CPR devices market is segmented into ambulances, cardiac catheterization labs, coronary & intensive care units, EMT rescue units, air medevac units, pre-hospital, hospital, and others. Ambulance and hospital segments were the major end users accounting major revenue share in 2017. The pre-hospital and coronary & intensive care units were the fastest growing end-user segments in the CPR devices market. Owing to rising incidences of road accidents, physical injuries, and cardiac arrests these segments are projected to generate new opportunities for the market of CPR devices market.

By geography, North America and Europe were the major regions occupying major revenue from the global CPR devices market. North America dominates the CPR devices market owing to the presence of advanced medical and healthcare facilities. Europe followed North America in terms of revenue generation and was the second after North America. The growth in this region was due to the prevalence of heart diseases and rising incidence of cardiac arrests. In addition, the presence of advanced emergency medical services, wide adoption of automated CPR devices in this region is expected to drive the growth of the market. The Asia Pacific was the fastest growing market. Rising awareness about the benefits of CPR devices and increasing government initiatives in terms of developing healthcare infrastructure were the key factors driving the growth of CPR devices market in this region. Latin America and the Middle East and Africa are anticipated to witness significant growth within the forecast period.


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