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Global Cardiopulmonary Resuscitation Devices Market: About this marketSpeak directly to the analyst to clarify any post sales queries you may have.
Cardiopulmonary resuscitation devices are high-quality medical devices that assist the rescuer in performing CPR on out-of-hospital cardiac arrest (OHCA) and in-hospital cardiac arrest (IHCA) patients effectively. This cardiopulmonary resuscitation devices market analysis considers the revenues generated based on types that include mechanical piston devices, active compression-decompression devices, load-distributing band devices, and impedance threshold devices. Our analysis also considers the sales of cardiopulmonary resuscitation devices in North America, Europe, Asia, and ROW. In 2018, the mechanical piston devices segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the wide applications of these devices will play a significant role in the mechanical piston devices segment to maintain their market position. Also, our global cardiopulmonary resuscitation devices market report looks at factors such as the rise in aging population and sports-related SCD, growing incidence of outdoor cardiac arrest, and rising awareness about CPR devices and increasing government initiatives. However, the lack of trained professionals, high cost of CPR devices, and stringent regulations and product recalls may hamper the growth of the cardiopulmonary resuscitation devices industry over the forecast period.
Global cardiopulmonary resuscitation devices market: Overview
Rising awareness about CPR devices and increasing government initiatives
Governments and private organizations across the world are increasingly taking initiatives to increase awareness about the advantages of using CPR devices. These initiatives also emphasize on minimizing the treatment cost structure. For instance, Medicare provides reimbursement for the treatment with CPR devices. Rising awareness of survival strategies during a cardiac arrest led to the introduction of automated CPR devices. Such awareness programs are expected to drive the demand for CPR devices, which, in turn, will fuel the growth of the cardiopulmonary resuscitation devices market at a CAGR of close to 11% during the forecast period.
Technological advances in CPR devices
The CPR devices market is witnessing significant technological advances aimed at improving the efficiency of CPR devices. Vendors are striving to capitalize on the rising incidence of cardiac arrests by offering new technologies such as pocket-friendly devices that monitor the blood pressure or pulse of the user. Thus, technological advances in CPR devices will fuel the growth of the market during the forecast period.
Competitive Landscape
With the presence of several major players, the global cardiopulmonary resuscitation devices market is moderately fragmented. This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cardiopulmonary resuscitation devices manufacturers, that include Asahi Kasei Corp., corpuls, CU Medical Systems Inc., GE Healthcare Inc., Nihon Kohden Corp., and Stryker Corp.
Also, the cardiopulmonary resuscitation devices market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Table of Contents
PART 01: EXECUTIVE SUMMARYPART 08: CUSTOMER LANDSCAPEPART 10: DECISION FRAMEWORKPART 16: EXPLORE
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY TYPE
PART 07: MARKET SEGMENTATION BY COMPRESSOR TYPE
PART 09: GEOGRAPHIC LANDSCAPE
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
List of Exhibits
Executive Summary
The following companies are recognised as the key players in the global cardiopulmonary resuscitation devices market: Asahi Kasei Corp., corpuls, CU Medical Systems Inc., GE Healthcare Inc., Nihon Kohden Corp., and Stryker Corp.Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the technological advances in CPR devices.”
According to the report, one of the major drivers for this market is the rising awareness about CPR devices and increasing government initiatives.
Further, the report states that one of the major factors hindering the growth of this market is the stringent regulations and product recalls.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Asahi Kasei Corp.
- corpuls
- CU Medical Systems Inc.
- GE Healthcare Inc.
- Nihon Kohden Corp.
- Stryker Corp
