The Cardiac Resuscitation Devices Market is Poised to achieve a CAGR of 6-7% by 2029.

The Cardiac Resuscitation Devices Market is Poised to achieve a CAGR of 6-7% by 2029.

ID: 2129305

The Rise of the cardiopulmonary resuscitation (CPR) devices market is driven by factors such as increased demand, sudden cardiac arrest frequency, technological advancements, aging population, government initiatives, and non-traditional settings.



(firmenpresse) - Cardiopulmonary resuscitation (CPR), another name for cardiac resuscitation, is an emergency treatment given to people who are experiencing cardiac arrest—a condition in which the heart stops beating efficiently—in an emergency. In order to sustain blood flow and oxygenation to critical organs, especially the brain, until advanced medical assistance arrives, cardiopulmonary resuscitation (CPR) combines rescue breathing with chest compressions. Maintaining circulation and oxygenation is the major objective of CPR until the patient's heart can be restarted or until more sophisticated medical procedures, including defibrillation, can be performed.

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Cardiac resuscitation devices are tools designed to assist in the performance of CPR or to provide additional support during resuscitation efforts. Some common cardiac resuscitation devices include:
? Automated External Defibrillators (AEDs): These portable devices analyze the heart rhythm and deliver an electric shock if necessary to restore normal heart rhythm. AEDs are commonly used in conjunction with CPR
? Mechanical CPR Devices: These devices provide automated chest compressions during CPR. They can ensure consistent and effective chest compressions, especially in challenging situations such as during transport or in confined spaces
? Airways and Oxygen Delivery Devices: Devices such as bag-valve masks and advanced airway adjuncts help maintain an open airway and provide oxygenation during CPR
? Chest Compression Assist Devices: These devices assist rescuers in delivering chest compressions by providing feedback on compression depth and rate, ensuring optimal performance
? Extracorporeal Membrane Oxygenation (ECMO) Machines: In more advanced cases of cardiac arrest, ECMO machines can temporarily take over the function of the heart and lungs, providing oxygenated blood to the body while efforts are made to restore normal heart function



Market Momentum: Comprehending the Drivers Driving the Expansion of CPR Equipment

In addition to the rising need for healthcare and medical services as well as the rising incidence of chronic illnesses, a number of other reasons are driving the market for cardiopulmonary resuscitation (CPR) devices. The market is expanding as a result of ongoing innovation in CPR device technology, such as the creation of automated and portable equipment, which improves CPR's efficacy and accessibility. The rising demand for CPR devices is being driven by the increasing public awareness of CPR and the importance of early intervention in cardiac crises, as well as the widespread implementation of CPR training efforts.

For instance,
? In April 2023, Defibtech unveiled the ARM XR, the latest advancement in their automated CPR device lineup, designed for emergency medical professionals to aid patients in cardiac arrest, aiming to broaden the utilization of automated CPR technology among emergency responders and enhance outcomes for out-of-hospital cardiac arrest cases

Cardiopulmonary Resuscitation Device Advancements: From Wearable Technology to AI

By quickly restoring circulation and heartbeat after sudden cardiac arrest (SCA), cardiac resuscitation equipment plays a critical role in saving lives. Furthermore, wearable cardiac resuscitation devices provide instantaneous reaction and continuous monitoring, automatically delivering shocks to restore normal cardiac rhythm as necessary. Experts can instruct staff on CPR procedures using telemedicine and remote support platforms, especially in places with limited access to healthcare. In addition, contemporary gadgets incorporate real-time CPR feedback and integrate with telemedicine to provide remote monitoring and assistance in case of emergency.

For instance,
? In January 2023, Mindray unveiled the next-generation BeneHeart series defibrillators, the BeneHeart D60 and D30, with a focus on elevating resuscitation standards through enhanced reliability, expert diagnosis and monitoring tools, and a comprehensive quality improvement solution for both in-hospital and pre-hospital-rescue-scenarios

By giving immediate feedback on the effectiveness of CPR, the integration of artificial intelligence (AI) and machine learning (ML) has transformed CPR instruction and support. Improved data gathering and analysis tools let medical professionals assess the quality of care and improve resuscitation techniques. Wearable CPR equipment has been made possible by miniaturization, enabling automated CPR initiation when needed and continuous monitoring. The developments in the cardiopulmonary resuscitation market represent a noteworthy progression, augmenting the accessibility, efficacy, and efficiency of CPR.

Examining Regional Trends in the Market for Cardiac Resuscitation Devices

By adjusting their strategies to particular market circumstances and target audiences, stakeholders may maximize development potential and successfully fulfill regional demands with the aid of an analysis of regional segmentation. Cardiac resuscitation devices are sold in the following regions: North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. North America is anticipated to occupy a sizable portion of the market due to its sophisticated cardiac resuscitation technology adoption, strong healthcare infrastructure, high level of CPR knowledge, and strict regulatory standards. Innovative CPR devices are in high demand due to a number of variables including an aging population and an increase in cardiac arrests. Conversely, in the Asia Pacific region, including countries like China, Japan, and India, the market landscape is influenced by rapid urbanization, increasing healthcare expenditure, and rising prevalence of cardiovascular diseases, presenting significant growth opportunities for Cardiac Resuscitation Devices. The region also witnesses the emergence of telemedicine and mobile health technologies, which further drive the adoption of CPR devices.

Competitive Landscape Analysis of the Cardiac Resuscitation Devices

Key players in the Cardiac Resuscitation Devices market include Medtronic plc, Stryker Corporation, Koninklijke Philips N.V., Physio-Control, ZOLL Medical Corporation, Dragerwerk AG & Co. KGAa, Cardinal Health, Nihon Kohden, ResMed Inc., Mindray Medical, and GE Healthcare among others.

Organic and Inorganic Growth Strategies Adopted by Players to Establish Their Foothold in the Market

Players operating in this market are adopting both organic and inorganic growth strategies such as collaborations, and acquisitions to garner market share. For instance,
? In April 2023, Nordic Capital acquired a majority share in Corpuls to bolster the company's next growth phase, Corpuls specializes in emergency medical solutions and cardiac resuscitation, particularly in the external defibrillator segment, and is recognized as one of Germany's fastest-growing mid-market companies, attributed to its innovative product portfolio and strong research and development capabilities
? In March 2022, Avive Solutions, Inc., a developer of an intelligent AED and connected response platform for out-of-hospital cardiac arrest (OHCA) emergencies, announced the closure of a $22 million Series A round of financing, co-led by Questa Capital, Catalyst Health Ventures, and repeat investor Laerdal Million Lives Fund

The market for cardiac resuscitation devices is anticipated to grow over the next several years as a result of factors such as the increasing incidence of sudden cardiac arrest, increased awareness and training initiatives, an increase in R&D activity, technological advancements, strategic partnerships, and aggressive organic and inorganic growth strategies employed by the industry's players.Weitere Infos zu dieser Pressemeldung:
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Bereitgestellt von Benutzer: Prathamesh
Datum: 08.10.2024 - 16:48 Uhr
Sprache: Deutsch
News-ID 2129305
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Meldungsart: Finanzinformation
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Freigabedatum: 08.10.2024

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