The
global resuscitation devices market is anticipated to grow at a rate of 4.8% from
USD 7.5 Billion in 2021 to USD 10.9 billion in 2029. The rise in the grants by the government for
providing Emergency care infrastructure and the growing incidence of preterm births
in many developing countries is seen to boost the market for the estimated
forecast period. Besides, the harmful effects of certain Resuscitation Devices on a newborn are seen to
hinder the growth of Resuscitation Devices.
Resuscitation devices refer to the devices that are used in emergencies
and help in the process of reviving the patient’s breath or to initiate
spontaneous breathing at an unconscious stage or apparent death by using the
positive pressure to inflate the lungs, therefore, keeping the patient
oxygenated. These devices comprise various devices such as resuscitation masks,
ventilators, resuscitation trolleys, resuscitation suction and mechanical
pumps, resuscitation pediatric spacer, and others.
In addition to this, efforts made by the major players to develop novel
resuscitation devices, online customer services for resuscitation devices are
also expected to fuel the growth of this market. Moreover, untapped potential
in developing countries is likely to create lucrative opportunities for the
market. However, the harmful effects of certain products on neonates, issues
associated with the use of automated external defibrillators, and lack of
awareness about sudden cardiac arrest in emerging nations may restrain the
growth of this market. The challenge faced by this market is the stringent
regulations set by the government bodies for medical devices.
COVID-19
Impact on Global Resuscitation Devices Market
Resuscitation
is a challenging task for any healthcare professional. The rise in the number
of COVID-19 cases across the globe had an inclination for rapid respiratory
failure leading to the involvement of different critical care admission and
resuscitative treatment. During the Pandemic there was a rise in cardiac
arrest due to severe COVID-19 disease, thus leading to a substantial increase
in the overall demand for the Resuscitation Devices market.
Market
Segmentation
For the
purpose of this report, the global resuscitation devices market is segmented on
the basis of product type, patient type, end-user and region:
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Product Type Outlook (Revenue, USD Million;
2018-2029)
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Airway Management Devices
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Ventilators
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ICU Ventilators
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Portable Ventilators
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Endotracheal Tubes
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Resuscitators
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Tracheostomy Tubes
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Laryngeal Mask Airways
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Laryngoscopes
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Nasopharyngeal Airways
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Oropharyngeal Airways
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External Defibrillators
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Semi-Automated External Defibrillators
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Fully Automated External Defibrillators
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Wearable Cardioverter Defibrillators
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Connective Warming Blankets
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Other Resuscitation Devices
|
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Patient Type Outlook (Revenue, USD Million;
2018-2029)
|
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Adult Patients
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Pediatric Patients
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End User Outlook (Revenue, USD Million;
2018-2029)
|
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Hospitals, Ambulatory Surgical Centers, and
Cardiac Centers
|
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Pre-Hospital Care Settings
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Other End Users
|
Product
Type Scenario:
On the basis of Product
Type, the market is segmented into Airway Management Devices, External
Defibrillators, Other Resuscitation Devices. Further, Airway Management Devices
is segmented into Ventilators, Endotracheal Tubes, Resuscitators, Tracheostomy
Tubes, Laryngeal Mask Airways, Laryngoscopes, Nasopharyngeal Airways,
Oropharyngeal Airways. Further, External Defibrillators are segmented into
Semi-Automated External Defibrillators, Fully Automated External
Defibrillators, Wearable Cardioverter Defibrillators.
Figure
1 - Resuscitation Devices Market, By Product Type (Market Size and Forecast by
Value - USD Million, 2021 & 2029)