A recent market intelligence report that is published by Data Insights Partner on the global Automated CPR Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international Automated CPR Market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global Automated CPR Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of global Automated CPR is offered. In accordance with the report, the global Automated CPR Market is projected to expand at a CAGR of 8 % over the period of forecast.
Market Insight, Drivers, Restraints& Opportunity of the Market:
A lifesaving technique that consists of artificial ventilation and chest compression is known as Cardiopulmonary resuscitation (CPR). It helps in maintaining the blood flow and oxygenation to brain and heart in case of a heart attack.
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In many cases, the manual techniques used for CPR are not effective as compared to automatic CPR devices. Also, CPR performed by healthcare professionals are of very poor quality. These drawbacks overcame, after the introduction of such automated devices and also are the main factors for the growth of global Automated CPR market. There has been an increasing cases of heart attacks due to various reasons like age, increasing number of lifestyle related diseases, trauma, geriatric population etc. Automatic heart compression devices also help in maintaining or normalizing the blood pressure following the cardiac arrest. There is a high risk of rib and sternum fractures during manual CPR, however such injuries are far more less with the use of automated CPR devices. Use of automated CPR devices will also increase the survival rates of victims significantly. All these factors will lead to an increase in growth of global Automated CPR market in the forecast period. The major challenge faced by the automated CPR market globally is the high cost of devices. Many sections of society may find it difficult to avail the benefits of CPR market, as it is a very expensive procedure. Other factors that may restrain the growth of this market is the substantial weight of this device and high training requirements. There have been conflicting results from various studies and reports, regarding the use of automated CPR machine. While many studies have confirmed that automated CPR can be the immediately improve hemodynamic effect and transfusion, some studies show very less or no effect from the use of such devices.
With an increase in cases of heart attack and major lifestyle, North America is expected to have the largest share of Automated CPR market globally in the forecast period. Also, automated CPR devices are increasingly used during CPR as compared to manual chest compressions.
Manufacturers are spending a huge amount of their revenue towards the development and innovation of automated CPR devices. Autopulse, a device that is created and manufactured by Zoll Medical Corporation is one such CPR device that increased the survival rates of patients in need of CPR by 3.6%. The device consists of a band and backboard, and is strapped on to victim and provides compression by rapidly inflating and deflating a bag. Autopulse can provide better strokes as compared to any manual CPR and can perform effectively in scenarios that need prompt action.
However, at present, the world is gripped with Covid-19 pandemics, wherein some manufacturers have closed production completely, some have seen reduced demands for products and services and others have seen a huge increase in demand. The demand of automated CPR during this time of pandemic will increase as compared to the manual CPR method. During CPR, there is always a chance of rescuers to be exposed to bodily fluids and for procedures to generate infection if the patient is Covid 19 positive. To avoid self-contamination, many hospitals and medical institutions are now banking on automated CPR devices.
This market intelligence report on the global Automated CPR Market encompasses market segments based on product type, application and country/regions.
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In terms of type, the global Automated CPR Market is segregated into :
- Piston CPR Devices
- Active Compression Decompression (ACD) Devices
- Load-Distributing Band (LDB)
- Impedance Threshold Device
- Phased Thoracic – Abdominal Compression – Decompression CPR with a Hand-Held Device
- Extracorporeal Techniques and Invasive Perfusion Devices
By compressor, the global Automated CPR Market is also classified into :
- Manual CPR
- Automatic Mechanical CPR
ü Pneumatic Driven
ü Battery Driven
ü Mechanically Actuated
ü Battery Driven
By application, the global Automated CPR Market is also classified into :
- Emergency Department
- Coronary & Intensive Care Units
- Cardiac Catheterization Labs
- Organ Transplant Facilities
- Air Medevac Units
- EMT Rescue Units
By end users, the global Automated CPR Market is also classified into :
By country/region, the global Automated CPR Market has been divided into :
- North America (the U.S., Canada),
- Latin America (Brazil, Mexico, Argentina and other countries),
- Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries),
- Asia Pacific (India, Japan, China, Australia and New Zealand and other countries),
- Middle East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market Players:
This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as
- Cardiac Science Corporation
- CPR Medical Devices Inc.
- General Electric Company
- Michigan Instruments
- Koninklijke Philips N V
- Physio-Control Inc.
- St. Jude Medical Inc.
- ZOLL Medical Corporation
- Resuscitation International
- Schiller AG
- Brunswick Biomedical Technologies
- Huazhong Medical University
- Asahi Kasei Corporation
- CU Medical Systems
- GE Healthcare Inc.
- Nihon Kohden Corporation
- Stryker Corporation
Others players have been profiled into detail so as to offer a glimpse of the market leaders. Moreover, parameters such as Automated CPR related investment & spending and developments by major players of the market are tracked in this global report.
In-depth analysis of the micro and macro indicators, market trends, and forecasts of demand is offered by this business intelligence report. Furthermore, the report offers a vivid picture of the factors that are steering and restraining the growth of this market across all geographical segments. In addition to that, Growth Matrix analysis is also provided in the report so as to share insight of the investment areas that new or existing market players can take into consideration. Various analytical tools such as DRO analysis, Porter’s five forces analysis has been used in this report to present a clear picture of the market. The study focuses on the present market trends and provides market forecast from the year 2020-2028. Emerging trends that would shape the market demand in the years to come have been highlighted in this report. A competitive analysis in each of the geographical segments gives an insight into market share of the global players.
Ø This study offers comprehensive yet detailed analysis of the Automated CPR Market, size of the market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account 2019 as the base year
Ø It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market
Ø This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, launch of new products, competitive market strategies of leading market players, emerging market trends, and regional outlook
Ø Profiling of key market players in the world Automated CPR Market is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview
Ø Leading market players covered this report comprise names such as Cardiac Science Corporation, CPR Medical Devices Inc., General Electric Company, Michigan Instruments, Koninklijke Philips N V, Physio-Control Inc., St. Jude Medical Inc., ZOLL Medical Corporation, Resuscitation Internation, Schiller, Brunswick BioMedical Technologies, Asahi Kasei Corporation, Corpuls, CU Medical Systems, GE Healthcare Inc., Nihan Kohden Corporation, Stryker Corporation and many more.
Ø The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of products, government initiatives, marketing tactics and expansion, and technical up gradation
Ø The world market for Automated CPR Market caters to the needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers, investors, and distributors for Automated CPR Market. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants
Ø Research methodologies that have been adopted for the purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports
Ø Reports have been made based on the guidelines as mandated by General Data Protection Regulation
Ø Ample number of examples and case studies have been taken into consideration before coming to a conclusion
Reasons to buy:
v Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the Automated CPR Market
v Identification of key factors driving investment opportunities in the Automated CPR Market
v Facilitate decision-making based on strong historic and forecast data
v Position yourself to gain the maximum advantage of the industry’s growth potential
v Develop strategies based on the latest regulatory events
v Identify key partners and business development avenues
v Respond to your competitors’ business structure, strategy and prospects
v Identify key strengths and weaknesses of important market participants
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