Automated Cardiopulmonary Resuscitation (CPR) devices covered in this report include pneumatically driven, battery driven, and mechanically actuated & battery driven devices. The devices find application in Emergency Medical Services (EMS), hospitals, ambulances, coronary & intensive care units, cardiac catheterization labs, air medevac units, and Emergency Medical Technician (EMT) rescue units.
The global automated CPR devices market is estimated to account for US$ 196.0 Mn in terms of value by the end of 2027.
Global Automated CPR Devices Market: Drivers
Increasing adoption of automated CPR from emergency services is expected to propel growth of the global automated CPR devices market over the forecast period. For instance, in June 2019, Harrisonville Emergency Services, Missouri, U.S., adopted the Lucas 3 automated chest compression device.
Global Automated CPR Devices Market: Opportunities
Initiatives of government and private organizations to boost adoption of automated CPR devices is expected to offer lucrative growth opportunities for players in the market. For instance, in April 2020, The Leona M. and Harry B. Helmsley Charitable Trust, a U.S.-based charitable foundation, announced its plans to purchase automated mechanical chest compression devices worth US$ 4.7 million for COVID-19 patients showing signs of cardiac damage.
Global Automated CPR Devices Market: Restraints
High training requirements are expected to hamper growth of the global automated CPR devices market. Healthcare personnel need extensive training to effectively operate automated CPR devices in order to ensure higher survival rates during sudden cardiac arrests.
The global automated CPR devices market was valued at US$ 83.5 Mn in 2019 and is forecast to reach a value of US$ 196.0 Mn by 2027 at a CAGR of 11.3% between 2020 and 2027. Increasing adoption of automated CPR from emergency services is expected to propel growth of the global automated CPR devices market
Favorable polices that boost adoption of automated CPR are expected to aid in growth of the market. For instance, in January 2020, in the U.S., Orange County Health Care Agency’s Emergency Medical Services implemented a policy that requires agencies to equip with automated CPR devices.
Several fire departments are adopting automated CPR devices. For instance, in February 2020, the Manhattan Beach Fire Department acquired The AutoPulse Resuscitation System, a new automated CPR technology that can be strapped on to a patient during an emergency response.
Global Automated CPR Devices Market: Competitive Landscape
Major players operating in the global automated CPR devices market include, ZOLL Medical Corporation, Stryker Corporation, Brunswick Biomedical Technologies, Michigan Instruments, SunLife Science Inc., and Jolife AB (Stryker Medical).
Global Automated CPR Devices Market: Key Developments
Major players in the market are focused on adopting various strategies to enhance their market share. For instance, in November 2019, ZOLL Medical Corporation demonstrated its portfolio of resuscitation technologies for the workplace at A+A Congress 2019 in Düsseldorf, Germany.
Joining thousands of companies around the world committed to making the Excellent Business Solutions.