Advanced Cardiovascular Life Support (ACLS) Market Size Worth USD 745.3 Million by 2030 | MRFR

A New Global Research Report from Market Research Future (MRFR) Analyzes the Major Drivers and Challenges of Advanced Cardiovascular Life Support (ACLS) Market.

Brief Overview of the Advanced Cardiovascular Life Support Market

Due to rising healthcare costs and rates of cardiovascular illness, the Advanced Cardiovascular Life Support (ACLS) Market is anticipated to expand rapidly over the predicted time frame. By 2030, the global market for ACLS is projected to be worth USD 745.3 Million. This represents a CAGR of 8.80% over the forecast period (2022-2030).

A larger senior population is expected to be a primary growth driver for the market all through the projected horizon. Demand for cutting-edge cardiac life support equipment is anticipated to rise in tandem with the rising incidence of cardiovascular disorders.

A person in the United States dies every 40 seconds from cardiovascular disease, according to data from the Centers for Disease Control and Prevention (CDC). A staggering 820,000 lives are lost in the United States annually due to cardiovascular disease.

In addition, the growing popularity of training and certification courses for Advanced Cardiovascular Life Support (ACLS) applications is expected to have a positive influence on the global market. There is an increasing demand for quality healthcare services, availability of training and certification courses, and a large number of service providers in the industry.

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Market Segmentation

Segmentation of the global Advanced Cardiovascular Life Support (ACLS) Market is done on the basis of product type, application, end user, and geography.

The global market for automated external defibrillators (AEDs) includes submarkets for resuscitation devices, portable AEDs, and others. As CPR equipment become more in demand, but remain prohibitively expensive, the market for mAED is poised to expand at a faster rate than that of other resuscitation devices.

Atrial fibrillation, cardiac arrest, stroke, and heart attack are only some of the conditions that have led to the market being split apart in this way. Given the rising incidence of cardiovascular disorders, heart attacks are likely to be the most lucrative of these applications.

Hospitals and clinics, ASCs, cardiac care facilities, and others make up the end-user segments of the market. Demand for cardiovascular life support products used in the treatment of cardiovascular disorders is predicted to increase, making hospitals and clinics the dominant segment of the market.

The worldwide market for ACLS equipment is split up into four different regions: North America, Europe, Asia Pacific, and the rest of the world. Because of the high rate of adoption of modern cardiovascular devices and the huge number of local medical device makers, North America is predicted to hold the biggest market share.

Explore In-depth Details: Advanced Cardiovascular Life Support Market Research Report

Regional Analysis

Products, applications, end-users, and regions all play a role in the worldwide ACLS market's breakdown.

The global market for emergency medical equipment is broken down into submarkets based on the many types of products available. Increasing demand for cardiopulmonary resuscitation (CPR) equipment and the expensive cost of resuscitation devices are driving the market toward mAED, which are predicted to account for the biggest market share among these.

The atrial fibrillation market is separated from the cardiac arrest market, the stroke market, and the heart attack market, among others. Due to the rising incidence of cardiovascular disorders, heart attacks are projected to be the most lucrative.

Hospitals & Clinics, ASCs, Cardiac Care Centers, and Others are the many types of end users that make up this market. As the prevalence of cardiovascular diseases rises, there will be a greater need for cardiovascular life support equipment at healthcare facilities including hospitals and clinics.

The worldwide ACLS Market is broken down into four different regions: North America, Europe, Asia Pacific, and the RoW. The high adoption rate of cutting-edge cardiovascular devices and the abundance of local medical device manufacturers point to North America as the region with the biggest market share.

Competitive Landscape

The global advanced cardiovascular life support (ACLS) market is highly competitive, with players constantly striving to stay ahead of the competition. The major players in the market include St. Jude Medical, Inc. (U.S.), Schiller AG (Switzerland), ZOLL Medical Corporation (U.S.), GE Healthcare (U.K.), Cardiokinetix (U.S.), Kinetic Concepts, Inc. (U.S.), NIHON KOHDEN CORPORATION (Japan), Physio-Control (U.S.), and Medtronic, Inc. (U.S.), among others.

In January 2016, GE Healthcare acquired St. Jude Medical, Inc. (U.S.), a company that designs and manufactures medical devices for the diagnosis and treatment of cardiac arrhythmias and other cardiovascular diseases.

In June 2016, Medtronic acquired Cardiokinetix, Inc. (U.S.), a company that specializes in designing technology platforms for cardiac resynchronization therapy and bridging to electromechanical cardiac repair.

Key Players

The Major Players Covered in the Advanced Cardiovascular Life Support (ACLS) Market are

• St. Jude Medical, Inc. (U.S.),


• Schiller AG (Switzerland),


• ZOLL Medical Corporation (U.S.),


• GE Healthcare (U.K.),


• Cardiokinetix (U.S.),


• Kinetic Concepts, Inc. (U.S.),


• NIHON KOHDEN CORPORATION (Japan),


• Physio-Control (U.S.), and


• Medtronic, Inc. (U.S.).

Research Methodology

MRFR segmentation is based on advanced cardiovascular life support (ACLS) market contributions and geographical presence. The report is based on secondary and primary sources. Primary sources consist of expert interviews in the industry and based on data collected from the individual interviews the market share and market size have been estimated. The report is based on an extensive analysis of the market dynamics and trends along with recent developments.

Global Advanced Cardiovascular Life Support (ACLS) Market Report provides an in-depth analysis of the changing market trends, challenges, technological advancements, regional overview, and supplementary data about the leading companies operating in the global Advanced Cardiovascular Life Support (ACLS) Market.

Conclusion

Greater healthcare costs, an aging population, and rising public awareness of cardiovascular disease are the primary forces propelling the industry. In the future, the demand for cutting-edge cardiovascular life support equipment is expected to rise in tandem with the incidence of cardiovascular disorders. It is anticipated that the global market will benefit from the increasing need for training and certification programs in the sector. The growing need for high-quality healthcare services in the region and the entrance of more established competitors are also likely to fuel market growth.