Manual Resuscitators Market: Rapid Growth, Trends, and Opportunity Analysis

Posted by Kumar on December 12th, 2023

Introduction

The "Manual Resuscitators Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028" report by TechSci Research delineates a thorough analysis of the global market. In 2022, the market accounted for USD 500.25 million and is anticipated to achieve a Compound Annual Growth Rate (CAGR) of 5.36% from 2024 to 2028. This comprehensive analysis unveils the pivotal role of manual resuscitators in addressing respiratory issues, particularly within the aging population, and elucidates the market's trajectory influenced by collaborative healthcare efforts, technological advancements, and changing healthcare landscapes.

Market Drivers and Influences

The burgeoning global aging population significantly contributes to the escalation of respiratory issues and medical emergencies, thus catalyzing the demand for manual resuscitators. Collaborative initiatives among healthcare institutions and agencies have fostered improved interoperability of medical equipment, ensuring coordinated emergency responses and elevated patient care standards.

Factors such as increasing prevalence of cardiac arrest, enhanced awareness campaigns, and the rising demand for neonatal care propel market growth. The World Health Organization data underscores the significant toll of cardiovascular disorders, attributing approximately 17.9 million global fatalities in 2019 to such diseases, with 75% occurring in low- and middle-income countries.

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Healthcare Collaborations and Initiatives

International alliances aimed at curbing premature deaths due to non-communicable diseases, like the collaborative efforts between the American Heart Association and the World Health Organization, strive to reduce disease burdens by 25% by 2025. Such concerted efforts are anticipated to alleviate the incidence of cardiovascular diseases and strokes globally, subsequently impacting market growth positively.

The escalating demand for neonatal care, in response to increasing preterm births as highlighted by the Centers for Disease Control and Prevention, fuels market expansion. Effective resuscitation measures during birth significantly contribute to reducing neonatal mortality rates, further reinforcing market growth.

Impact of COVID-19

The COVID-19 pandemic bolstered the market due to manual resuscitators being prioritized by the World Health Organization in response to ventilator shortages. Despite disruptions in supply chains, the surge in demand for manual resuscitators arose as countries sought solutions to address ventilator deficiencies during the pandemic.

Post-pandemic, technological advancements and the rising demand for cost-effective, portable manual resuscitators as alternatives to expensive ventilators are expected to sustain market growth. Nevertheless, stringent government regulations governing manual resuscitator use and manufacturing pose potential challenges to market expansion, particularly with WHO's stringent technical specifications.

Market Segmentation and Insights

The Global Manual Resuscitators Market is segmented

into various categories including type, modality, material, technology, patient type, application, end use, regional distribution, and company analysis. Notably, the adult patient type commands the largest market share due to the increasing prevalence of Chronic Obstructive Pulmonary Disease (COPD) and cardiac ailments among the elderly demographic, intensified by COVID-19's impact on oxygen requirements.

The segment catering to neonates and infants is expected to witness substantial growth, attributed to increased investments in neonatal intensive care to combat rising neonatal mortality rates. Application-wise, the COPD segment dominates due to its high prevalence, accounting for significant fatalities globally, especially in low and middle-income countries. Conversely, the segment focusing on cardiopulmonary arrest is poised for a surge, fueled by heightened awareness campaigns facilitated by organizations like the American Heart Association.

Benefits of the Research Report

This research report presents invaluable insights essential for stakeholders encompassing healthcare institutions, manufacturers, investors, and policymakers. A comprehensive understanding of market dynamics, technological advancements, and regional trends empowers informed decision-making in product development, market penetration strategies, and resource allocation.

Moreover, the detailed market segmentation aids stakeholders in identifying growth opportunities, guiding investment decisions, and fostering advancements in manual resuscitators' manufacturing, ultimately enhancing global healthcare accessibility and patient outcomes. The report's focus on collaborative healthcare efforts and initiatives provides a roadmap for stakeholders to contribute effectively to reducing disease burdens and improving emergency medical responses.

By offering detailed analyses of market segments and regional distributions, this report enables stakeholders to adapt strategies, anticipate future trends, and align their approaches with evolving demands within the global manual resuscitators market. Furthermore, it facilitates the development and distribution of life-saving devices, supporting healthcare systems worldwide.

Major companies operating in Global Manual Resuscitators Market are:

  • Weinmann Emergency Medical Technology GmbH + Co KG
  • Laerdal Medical Corp
  • Ambu A/S
  • Medline Industries Inc
  • Hopkins Medical Products
  • ResMed Inc
  • HUM Gesellschaft für Homecare und Medizintechnik mbH
  • PerSys Medical Company
  • CareFusion Corp

 

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“The global manual resuscitators market is poised for a new era of innovation and evolution. As technology, telehealth, and eco-consciousness converge, manual resuscitators are becoming smarter, more accessible, and better equipped to save lives. These upcoming trends reflect a commitment to improving patient care and enhancing the effectiveness of emergency response systems. The future of manual resuscitators is bright, and it holds the promise of better respiratory care for individuals across the globe,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Manual Resuscitators Market By Type (Self-inflating Resuscitator, Flow-inflating Resuscitator, T-piece), By Modality (Disposable, Reusable), By Material (Silicon, PVC, Rubber), By Technology (Pop-off Valve, PEEP Valve, Others), By Patient Type (Adult, Pediatric, Others), By Application (Chronic obstructive pulmonary disease, Cardiopulmonary arrest, Others), By End Use (Hospital, Out-of-hospital, ASC, Military, Others), By Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of Global Manual Resuscitators Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Manual Resuscitators Market.

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Kumar
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