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Global Cardiopulmonary Resuscitation Supplies and Equipment Market

Global Cardiopulmonary Resuscitation Supplies and Equipment Market – Growth, Future Prospects & Competitive Analysis, 2016-2024
Report Book

Published Date: June 2017
Category: Advanced Materials
Report ID: 58376
Report Format: PDF
No of Pages: 120

Rating: Credence Reports

Market Insights

Cardiopulmonary resuscitation is a technique that employs artificial ventilation and chest compression in order to maintain oxygenation and circulation flow in the event of cardiac arrest. Over 90% of cardiac arrest patients die before reaching the hospital; lives can be saved if more and more individuals are trained with CPR capabilities. The major factorial entities supporting the growth in demand for CPR equipment and supplies are the rise in the aging population, the wide prevalence of lifestyle diseases, access to healthcare services, and government intervention.

Due to better health awareness and technological advancements in conventional medication, the average life expectancy has improved, which in turn has consequently led to an increase in the aging population in both developed and developing nations. The wide prevalence of lifestyle disorders like cardiovascular disease and respiratory illness will have a positive impact on the growth of the CPR equipment and supplies market.

Healthcare insurance companies have made it possible for ailing patients to access better healthcare services. Government agencies are investing in providing better emergency services at healthcare centers and also with ambulatory services like air medevac units, EMT rescue units, etc. The limited number of trained healthcare professionals who are proficient in CPR techniques would pose a challenge in this scenario. Patients in outlying areas do not have access to CPR services.

Restraints regarding the CPR equipment and supplies market are ambiguous reimbursement, injury-prone technique, and the increased complexity of the equipment. Ambiguous reimbursement policies result in discrimination in the cost coverage for diseases requiring emergency services, which is the most significant barrier to healthcare expenditure. The cardiopulmonary resuscitation technique has been found to be injury-prone, as, during chest compression, there are incidences of bruising and fractures of the sternum and ribs in geriatric patients, and ventilation leads to pulmonary complications.

There is a high prevalence of lifestyle diseases such as cardiovascular and pulmonary disease in North America and Europe; as awareness of these diseases grows, more patients seek CPR treatment; the drawback is the high level of competition among major players, which necessitates ground-breaking innovation in the design and application of CPR supplies and equipment. Asia-Pacific, the Middle East, and Africa are potential markets due to the high prevalence of lifestyle diseases and low disease awareness. The untapped market in remote areas can be captured.

The complexity of the manufacture and design of the equipment has made it difficult for healthcare professionals to utilize it. Manufacturers like Zoll Medical Corporation and Laerdal Medical Corp. have an extensive knowledge base library, which is helpful in treating related experiences during medical emergencies. CPR manikins and AED units are simulated to train healthcare professionals. The manufacturers involved are AMBU, Philips, etc. The latest trends in the CPR technique are extracorporeal cardiopulmonary resuscitation and invasive perfusion devices, which are employed for better results.

The global CPR equipment and supplies market is classified as follows:

By Products

  • CPR Manikins
  • AED Units/Trainers
  • Barrier devices (resuscitator, CPR masks, valves, face shields)
  • Accessories (disinfectants, first aid, gloves, etc.)

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

Key players identified for the global CPR equipment and supplies market include:

The major players involved in the global CPR equipment and supplies market are Zoll Medical Corporation, Laerdal Medical Corporation, and MCR Medical Supply, Inc. Bound Tree Medical, Physio-Control, Numask, Inc. Headstar Medical Products Co. Ltd., Rapid Response Solutions, Prestan, QuadMed, Inc., WNL Safety, Philips, NASCO, AMBU, CPR RsQ Assist, Inc.

This report offers the following:

  • An overview of the global CPR equipment and supply market.
  • Market trends assessment for the period 2014-2024, including historical data for 2014 and 2015 as well as projections through 2024, with respective CAGRs from 2016 to 2024.
  • Qualitative assessment tools such as market drivers, challenges, and future prospects
  • Market competition examination tools such as market share analysis and fractal map evaluation
  • Focus on each level of market segmentation based on product approvals, launches, and current and anticipated market dynamics.
  • A general overview of the industry structure.
  • Company profiles highlight key information about the major players operating in the global CPR equipment and supplies market.

Frequently Asked Questions:

What is the size of Cardiopulmonary Resuscitation Supplies and Equipment?

The market for Cardiopulmonary Resuscitation Supplies and Equipment is expected to reach US$ XX Mn By 2024.

What is the Cardiopulmonary Resuscitation Supplies and Equipment CAGR?

The Cardiopulmonary Resuscitation Supplies and Equipment is expected to see significant CAGR growth over the coming years, at XX%.

What is the Forecast period considered for Cardiopulmonary Resuscitation Supplies and Equipment?

The report is forecasted from 2016-2024.

What is the base year considered for Cardiopulmonary Resuscitation Supplies and Equipment?

The base year of this report is 2015.

Who are the major players in this market?

Laerdal Medical Corporation, and MCR Medical Supply, Inc. Bound Tree Medical, Physio-Control, Numask, Inc. Headstar Medical Products Co. Ltd., Rapid Response Solutions, Prestan are some of the major players in the global market.

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