Global Cardiopulmonary Resuscitation Devices Market Forecast, Trend Analysis And Competition Tracking - Market Insights: 2015 – 2031

Global Cardiopulmonary Resuscitation Devices Market Introduction

Cardiopulmonary resuscitation (CPR) is a technique used to support the breathing and circulation of someone who is in cardiac arrest. It can be performed manually or with a machine, and should only be done when someone has received first aid and the person's airway is open.

Cardiopulmonary Resuscitation devices are being designed to be more effective, easy to use, and versatile. The latest innovation in CPR is the Zoll Defribrillator which is designed to give a quick electric shock to the heart if it stops beating. The new device eliminates the need for chest compressions because it can give life-saving shocks of electricity.

These devices are largely divided into two main categories, manual and automated. Automated devices are often more expensive than manual ones, but they are also considered safer due to additional safety features that help reduce the risk of complications during CPR. Manual devices are typically more affordable for most people, but they also lack safety features like duty cycles and audible feedback tones to indicate when compressions are complete.

The global cardiopulmonary resuscitation devices market was valued at US$ 929.32 million in 2020, and is projected to grow at a CAGR of 10.53%.

Cardiopulmonary resuscitation is a life-saving technique that was developed over 50 years ago. This is an emergency procedure which can be administered by anyone, regardless of knowledge or training. It provides a way for a person who becomes unconscious to inhale and exhale air into their lungs and circulate blood. The American Heart Association estimates that around 150,000 lives are saved each year because CPR was performed before professional help arrived.

Cardiopulmonary Resuscitation (CPR) is a technique for external chest compression and artificial respiration to maintain circulation and breathing during a cardiac arrest. Modern CPR techniques have been modified from the original Regan-Bazell method of CPR, which required rescuers to provide both chest compressions and mouth-to-mouth resuscitation.

The global cardiopulmonary resuscitation devices market is segregated into types, compressor types, applications, end user, and regions. On the basis of type, the global cardiopulmonary resuscitation devices market is sub-segmented into piston CPR devices, Active Compression-Decompression (ACD) devices, Load-Distributing Band (LDB), and other types. With respect to compressor type, the global cardiopulmonary resuscitation devices market is distributed into manual CPR, automatic mechanical CPR. On the basis of application, the global cardiopulmonary resuscitation devices market is sub-segmented into emergency departments, coronary & intensive care units, organ transplant facilities, and other applications. With respect to end user, the global cardiopulmonary resuscitation devices market is distributed into hospital & clinic, cardiac catheterization laboratories, organ transplant unit, and other end users. On the basis of region, the global cardiopulmonary resuscitation devices market is sub-segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Rising number of incidences such as heart diseases and respiratory illness

With the increase of incidences such as heart diseases and respiratory illness, it is imperative that an individual takes necessary steps to prevent their chances of contracting these illnesses.  Studies have shown that certain risk factors for heart disease include smoking, high blood pressure, diabetes, low levels of physical activity, poor diet with high levels of sodium, cholesterol and saturated fat. Cigarette smoke is the leading cause of lung cancer according to the American Cancer Society.

Increasing prevalence of lifestyle diseases

The most common lifestyle diseases today are obesity, diabetes, and hypertension. These diseases are most common in adults who combine poor diet with excess calories and lack of exercise. The American Diabetes Association suggests that the risks for these three diseases may be reduced by following a healthy diet, exercising at least 30 minutes per day, avoiding tobacco products, maintaining a healthy weight, and getting regular medical checkups.

Growing geriatric population

The aging population in many countries can lead to a decline in the workforce if there is not an increase in the number of young people entering the workforce. This can cause a decline in productivity and a decline in gross domestic product. The aging population could also bring about social problems such as a decrease in family size, which would lead to a decline in fertility rates or an increase in poverty rates.

Increased accessibility to healthcare services

There is an increased accessibility to healthcare services and the introduction of CPR devices over the last few years has helped with the expansion of this market. There were many large-scale investments in the development of new products and medical devices, with a large number of companies coming up with innovative solutions to improve these current techniques. This has led to more options for patients who could not otherwise afford treatment, as well as cheaper prices for those who can.

Lack of trained medical personnel

The use of CPR devices by trained medical personnel is a growing phenomenon. The idea behind the theory of using a device is to provide a more efficient and smoother way of saving a life. However, as this is a growing development there are still a few bumps in the road. One such bump is that with the growth of trained professionals being trained with CPR technique there have been problems with restraint on growth of these devices.

Impact of COVID-19 on Cardiovascular Devices

The effect of COVID-19 on the global market has been negative because of the official suspension of elective cardiology procedures throughout the globe as medical visits to doctors decreased. Over the past few years, stories appeared about ER visits for relatively minor ailments voluntarily postponed by mere minutes in a last-minute effort to stay safe. According to the American College of Cardiology (ACC) and the Society for Cardiovascular Angiography and Interventions (SCAI), percutaneous coronary intervention (PCI) as treatment for an acute heart attack is considered urgent. Still, a PCI as treatment for stable ischemic heart disease can be deferred. The coronavirus pandemic has had a negative impact on the medical industry because of the significant damage it has inflicted on diagnostic tools and procedures. A limited quantity of diagnostic resources globally has consequently postponed all store-bought procedures. Many major companies saw a decline in sales due to the cancellation of procedures. Prominent companies such as Medtronic and Boston Scientific Corporation reported strong sales decreases in their annual revenues of FY 2020.

North America is expected to dominate the global market

The global cardiopulmonary resuscitation devices market is sub-segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Markets in the North America are expected to account for the largest share due to the presence of advanced medical and healthcare facilities, technological advancements, high disposable income, and growing geriatric population.

Competitive Landscape of Cardiovascular Devices

• SunLife Science Inc.
• ZOLL Medical Corporation
• Michigan Instruments
• Physio Control Inc.
• Brunswick Biomedical Technologies
• Zhuhai Kindway Medical Science & Technology Co. Ltd
• CPR Medical Devices Inc.
• Medtronic Inc.
• Koninklijke Philips N.V
• Vyaire Medical, Inc.
• Other Key Players

Report Scope

• Forecast Period: 2022-2031
• Actual Year: 2021
• Historical Data Available for: 2015-2020

Key Segments Covered in Global Cardiopulmonary Resuscitation Devices Market by Type

• Piston CPR Devices
• Active Compression-Decompression (ACD) Devices
• Load-Distributing Band (LDB)
• Other Types

Key Segments Covered in Global Cardiopulmonary Resuscitation Devices Market by Compressor Type

• Manual CPR
• Automatic Mechanical CPR

Key Segments Covered in Global Cardiopulmonary Resuscitation Devices Market by Application

• Emergency Departments
• Coronary & Intensive Care Units
• Organ Transplant Facilities
• Other Applications

Key Segments Covered in Global Cardiopulmonary Resuscitation Devices Market by End User

• Hospital & Clinic
• Cardiac Catheterization Laboratories
• Organ Transplant Unit
• Other End Users