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Resuscitation Devices: Core Growth Enabler in the Increase In Incidences Of Cardiac And Respiratory Diseases Drives Resuscitation Devices Market Market, 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Resuscitation Devices Industry Market Size Be by 2025?
The market for resuscitation devices has been witnessing significant growth in the past few years. The market forecast indicates an increase from $9.36 billion in 2024 to a projected $9.94 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.1%. Factors contributing to the historical growth include an aging demographic, a rise in chronic diseases, the demand from emergency medical services, hospital and clinical needs, as well as the implementation of training and education programs. Regulatory standards and guidelines, coupled with an escalating awareness of CPR, have also been influential in driving the market expansion.
What's the Long-Term Growth Forecast for the Resuscitation Devices Market Size Through 2029?
The market for resuscitation devices is set to experience significant expansion in the coming years, with forecasts predicting it to reach $13.88 billion in 2029, growing at a compound annual growth rate (CAGR) of 8.7%. This anticipated growth during the forecast period is due to factors such as the deployment of automated external defibrillators (AEDS) in public venues, the utilization of telemedicine and remote guidance for resuscitations, the availability of portable and compact resuscitation devices, data-driven and automated feedback mechanisms, and their adoption in non-hospital environments. Universal access to resuscitation training also contributes to this growth. Major forecast trends include the use of hands-free CPR devices, artificial intelligence-guided real-time resuscitation advice, AEDS integrated with telemedicine, wearable technologies for resuscitation, miniaturized resuscitation gear, and CPR training and certification available through mobile applications.
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What Are the Key Growth Drivers Fueling the Resuscitation Devices Market Expansion?
The escalation of cardiac and respiratory illnesses is predicted to drive expansion of the resuscitation devices market in the near future. This surge in such diseases can be attributed to factors like aging, pollution, an unhealthy diet, physical inactivity, usage of tobacco, and repetitive harmful consumption of alcohol. Additionally, behavioral risk elements such as increased blood pressure, elevated blood glucose, high blood lipids, and excess body weight also contribute to the heightened risk of cardiovascular diseases. Resuscitation devices provide critical assistance during emergencies by resuscitating circulation and oxygen flow for those suffering from cardiac and respiratory issues. Take for example, a projection by the American College of Cardiology, a non-profit medical organization in the U.S, all four heart disease risk factors are forecasted to surge in prevalence among the broader U.S. populace from 2025 to 2060, with diabetes seeing the steepest percentage climb of 39.3%, trailed by dyslipidemia, hypertension, and obesity. Notable projected rate surges include a 33.4% increase in heart failure and a 33.8% rise in stroke. Consequently, the increasing frequency of cardiac and respiratory diseases fuels the growth of the resuscitation devices market.
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What Trends Will Shape the Resuscitation Devices Market Through 2029 and Beyond?
The rise in the creation of innovative resuscitation devices is a significant trend catching on in the resuscitation equipment industry. These new-age resuscitation tools can boost patients' chances of surviving a long-term cardiac arrest and lessen neurological damage. The main market players in the resuscitation equipment industry are investing in creating these innovative resuscitation devices to fulfill customer needs and solidify their market standing. For example, in January 2024, Stryker Corporation, an American medical device firm, introduced the LIFEPAK 35. The LIFEPAK 35 offers superior patient care courtesy of its unique tools and technology, with an easy-to-understand platform. It facilitates trend tracking and assists healthcare providers in making decisions through customizable events and integrated patient data capabilities.
How Is the Resuscitation Devices Market Segmented?
The resuscitation devices market covered in this report is segmented -
1) By Product: Airway Management Devices, External Defibrillators, Convective Warming Blankets, Other Products
2) By Patient Type: Adult Patients, Pediatric Patients
3) By End User: Hospitals, Diagnostic Centers, Ambulatory Surgical Centers, Other End-users
Subsegments:
1) By Airway Management Devices: Endotracheal Tubes, Laryngeal Masks, Bag-Valve-Mask Devices, Suction Devices
2) By External Defibrillators: Automated External Defibrillators (AEDs), Manual Defibrillators, Wearable Defibrillators
3) By Convective Warming Blankets: Active Warming Blankets, Passive Warming Blankets
4) By Other Products: Resuscitation Masks, Cardiac Monitors, CPR Feedback Devices
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Which Companies Are Leading the Charge in Resuscitation Devices Market Innovation?
Major companies operating in the resuscitation devices market include Koninklijke Philips N.V., Medtronic plc, Physio-Control International Corp., Drägerwerk AG, Ambu A/S, 3M Company, GE Healthcare Technologies Ltd., ZOLL Medical Corporation, Nihon Kohden Corporation, Cardinal Health, Mindray Medical International Limited, Teleflex Inc., Intersurgical Ltd., Salter Labs Inc., Smiths Medical International Ltd., Vyaire Medical Inc., RAPP Australia Pty Ltd., Neotech Medical Systems Pvt. Ltd., Drägerwerk AG & Co. KGaA, CPR Medical Devices Inc., HMP Group Ltd., Zeal Medical Private Limited, Premier Ltd., Stryker Corporation, Roper Technologies Inc., FlexiCare Ltd., KARL STORZ SE & Co. KG, ResMed Inc., ICU Medical Inc., Laerdal Medical India Pvt. Ltd., Allied Healthcare Products Inc., SunMed LLC, Bound Tree Medical LLC, Emergency Medical Products Inc.
Which Regions Are Leading the Global Resuscitation Devices Market in Revenue?
North America was the largest region in the resuscitation devices market in 2024. Europe was the second-largest region in the resuscitation devices market share. The regions covered in the resuscitation devices market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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