Global Cardiopulmonary Resuscitation Market Overview
Cardiopulmonary Resuscitation Market Size was valued at USD 1.5 Billion in 2022. The Cardiopulmonary Resuscitation market industry is projected to grow from USD 1.66 Billion in 2023 to USD 3.93 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 11.30% during the forecast period (2023 - 2032). An expanding elderly patient population, an increase in chronic heart disease prevalence, and an increase in lifestyle disorders are the key market drivers boosting the Cardiopulmonary Resuscitation Market growth.
Source Secondary Research, Primary Research, MRFR Database, and Analyst Review
A form of emergency and life-saving technique known as cardiopulmonary resuscitation (CPR) involves chest compressions and artificial ventilation. In cases of cardiac arrest, CPR is primarily administered to keep the brain's blood supply and oxygenation intact. In the event of asystole, cardiopulmonary resuscitation may be a life-saving method that uses chest compressions and artificial ventilation to maintain blood flow and oxygenation. Adult patients experiencing abrupt cardiac arrest can get external cardiac compressions using cardiopulmonary resuscitation equipment. CPR, commonly known as cardiopulmonary resuscitation, is a set of procedures that includes chest compressions. Till definitive treatment can activate the heart, CPR is intended to pump the intestines to encourage blood to flow and give oxygen to the brain.
When a portion of the stomach is oxygen-deprived, an attack takes place. An attack can " upset " the stomach, disrupting its rhythm and pumping ability. The market for cardiopulmonary resuscitation (CRP) devices is primarily driven by the increasing number of chronic diseases and conditions that require pain management solutions regularly. Other important market-driving factors include the growing geriatric patient population, rising chronic heart disease, and lifestyle disease prevalence rates, growing geriatric population, and improved access to emergency medical services. The prevalence of cardiac arrest is anticipated to rise due to several factors, including an increase in chronic illnesses like diabetes and heart disease, a growing elderly population, and the use of medications that can trigger cardiac arrhythmias.
The market CAGR is thus anticipated to increase in the next years. The market for cardiopulmonary resuscitation (CRP) devices will also see new growth opportunities due to rising advances in technology and modernization in the healthcare industry, rising R&D activities in the sector, and rising emerging markets with growing geriatric population bases. Increasing CPR knowledge is essential to ensuring more people can perform this life-saving procedure when required. As they learn more about its importance, governments worldwide are taking measures to promote CPR.
In collaboration with SATS Academy (Society for Emergency Medicine in India), the Cardiological Society of India has created CPR as a Life Skill Initiative to increase public awareness about SCD and instruct individuals in the fundamentals of CPR. Making India Heart Strong Program of SUN Pharma is funding the project. Over 1000 doctors who are CSI members will organize physical training workshops in more than 25 locations across India during the initiative's initial stage. These workshops will be held within the coming year to raise awareness nationwide.
Cardiopulmonary Resuscitation Market Trends
- Growing cardiovascular disease, prevalence is surging the market growth
A rapid loss of heart function known as cardiac arrest prevents blood flow to the brain and other important organs. It is the biggest cause of death ly and is to blame for more than 600,000 deaths annually in the US. Due to several reasons, including the aging population, an increasing number of chronic conditions like diabetes and cardiovascular disease, and the expanding usage of drugs that can cause cardiac arrhythmias, cardiac arrest is predicted to rise in the coming years. Thus, expected to boost the market CAGR in the coming years.
CPR is a life-saving method that can improve a person's prospects for survival after a cardiac arrest. However, many individuals are unaware of CPR or how to administer it properly. Only approximately 40% of adults in the US have undergone CPR instruction. To ensure that more people are capable of performing this life-saving technique when necessary, increasing CPR awareness is crucial. Governments worldwide are taking action to encourage the practice of CPR as they become more aware of its significance. For instance, the American Heart Association has started several programs to raise CPR awareness and teach more people how to perform it. In the upcoming years, these government initiatives are anticipated to help the CPR industry grow even more.
CPR equipment has recently undergone several technological improvements. These tools can help individuals execute CPR more easily and effectively, and they can also give feedback on how well it is being done. The CPR market may expand more due to anticipated technological developments in CPR equipment in the years to come. Thus, such factors are propelling the Cardiopulmonary Resuscitation market revenue.
Cardiopulmonary Resuscitation Market Segment Insights
Cardiopulmonary Resuscitation Product Type Insights
The Cardiopulmonary Resuscitation market segmentation, based on Product Type, includes Piston CPR Devices, Load- Disturbing Band (LBD), Active Compression and Impedance Threshold Devices (ACD+ITD), Extracorporeal Techniques and Invasive Perfusion Devices, and Others. The largest category of the CPR market is piston CPR devices. Piston CPR machines are straightforward, simple to operate, economical, and effective. Even those without medical expertise can use piston CPR machines because they are not complicated. They are an excellent choice for firms mindful of spending because they are also quite cost-effective. Additionally, it has been demonstrated that piston CPR devices can increase the chances of survival for those who have suffered cardiac arrest.
Cardiopulmonary Resuscitation Compressor Type Insights
Based on Compressor Type, the Cardiopulmonary Resuscitation market segmentation includes Battery Driven, Pneumatic Driven and Mechanically Actuated and Battery Driven) and Manual CPR. The market's largest segment, which will hold a market share in 2022, is automatic mechanical CPR. This is brought on by several variables, such as the rise in cardiac arrest cases and the adoption of automated CPR equipment, which are convenient to use and can deliver more reliable compressions to the chest than manual CPR.
Figure 1 Cardiopulmonary Resuscitation Market, by Compressor Type, 2022 & 2032 (USD Billion)
Source Secondary Research, Primary Research, MRFR Database, and Analyst Review
Cardiopulmonary Resuscitation Application Insights
Based on Application, the Cardiopulmonary Resuscitation market segmentation includes EMT Rescue Units, Coronary & Intensive Care Units, Emergency Departments, Organ Transplants Facilities, Air Medevac Units, and Others. By application, emergency departments (EDs) dominate the Cardiopulmonary Resuscitation (CPR) market. Patients who have suffered cardiac arrest or other life-threatening medical situations should visit an emergency department (ED) first. In these circumstances, CPR is a crucial intervention that can help save lives, and EDs are staffed with the personnel and tools required to do CPR proficiently.
Cardiopulmonary Resuscitation End User Insights
Based on End User, the Cardiopulmonary Resuscitation market segmentation includes Hospitals & Clinics, Cardiac Catheterization Laboratories, Organ Transplant Units, and Others. Hospitals & Clinics comprise the largest end-user sector in the worldwide Cardiopulmonary Resuscitation (CPR) market. Hospitals and clinics are the main locations where CPR is carried out. In the case of a cardiac arrest or similar life-threatening medical emergency, CPR is a vital intervention that can help save lives. Hospitals and clinics have many patients who might require CPR and the people and tools needed to do it properly.
Cardiopulmonary Resuscitation Regional Insights
By region, the report provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The market for cardiopulmonary resuscitation (CRP) equipment is dominated by North America because of the region's rising elderly population, high level of disposable income, and favorable regulatory environment.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2 CARDIOPULMONARY RESUSCITATION MARKET SHARE BY REGION 2022 (USD Billion)
Source Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe’s Cardiopulmonary Resuscitation market is home to the second-largest market for cardiopulmonary resuscitation. The market in this area is growing due to widely recognized paramedical and emergency medical facilities, a rise in cardiac conditions among the elderly population, strengthening economies, a high disposable income per person, and increasing expenses for healthcare. Further, the German Cardiopulmonary Resuscitation market held the top market share, and the UK Cardiopulmonary Resuscitation market was the profligate-growing market in the region.
The Asia-Pacific Cardiopulmonary Resuscitation Market will likely grow at the fastest CAGR from 2023 to 2032. Due to the rising unmet medical and healthcare demands, the increasing prevalence of chronic diseases, attractive reimbursement scenarios, and the rapid acceptance of precision medical equipment, the Asia Pacific market is also experiencing highly good growth. Moreover, China’s Cardiopulmonary Resuscitation market held the main market share, and the Indian Cardiopulmonary Resuscitation market was the fastest-growing market in the Asia-Pacific region.
Cardiopulmonary Resuscitation Key Market Players & Competitive Insights
Leading market players compete for dominance in the highly competitive worldwide Cardiopulmonary Resuscitation (CPR) industry. Market participants Leading CPR market companies are concentrating on market developments, including product innovation, alliances, and acquisitions, to maintain their market dominance. Another important feature of the competitive environment is regional expansion, as businesses try to take advantage of untapped areas and emerging markets in the Cardiopulmonary Resuscitation industry.
These businesses provide comprehensive CPR tools and services, such as automated external defibrillators (AEDs), cardiac arrest devices, and training courses in the Cardiopulmonary Resuscitation industry. The Cardiopulmonary Resuscitation industry companies provide comprehensive CPR tools and services, such as automated external defibrillators (AEDs), cardiac arrest devices, and training courses. They compete based on elements, including distribution networks, quality, pricing, and product innovation. Businesses are also actively participating in marketing initiatives, seminars, and awareness campaigns to promote the significance of CPR training and the usage of CPR equipment. Major players in the Cardiopulmonary Resuscitation market, including ZOLL Medical Corporation, CPR Medical Devices, Inc, Medkm Healthcare, Medtronic, HMP, Zeal Medical Private Limited, Premier Medical Systems & Devices Private Limited, Health Care Needs, Summit Healthcare Private Limited., Universe Surgical Equipment Co., Technocare Medisystems., Phoenix Medical Systems Pvt. Ltd, Michigan Instruments., SunLife Sciences., Jolife AB, SCHILLER, MEDinCN, and Stryker, among other domestic and players.
ZOLL Medical Corporation is a developer and marketer of medical devices for resuscitation and extreme critical care. Emergency medical services (EMS), hospitals, and lay rescuers use the company's equipment to save lives. A wearable defibrillator called LifeVest can be used to treat SCA. Small and light, the LifeVest can be concealed by clothing. It is intended for patients with a high risk of developing SCA, such as those with heart problems or a family history of the condition. Millions of people use ZOLL's CPR devices worldwide, and they have assisted in saving countless lives. The business is dedicated to creating cutting-edge devices that can enhance patient outcomes.
Phoenix Medical Systems Pvt. Ltd. is an Indian manufacturer of medical devices that produces a vast array of items for newborn, maternal, and adult care. Chennai, India, serves as the company's headquarters. It was established in 1987. Hospitals, clinics, and emergency personnel use Phoenix's CPR devices worldwide. Phoenix manufactures a wide range of additional medical devices in addition to its CPR solutions.
Key Companies in the Cardiopulmonary Resuscitation market include
- ZOLL Medical Corporation
- CPR Medical Devices, Inc
- Medkm Healthcare
- Medtronic
- HMP
- Zeal Medical Private Limited
- Premier Medical Systems & Devices Private Limited
- Health Care Needs
- Summit Healthcare Private Limited.
- Universe Surgical Equipment Co.
- Technocare Medisystems.
- Phoenix Medical Systems Pvt. Ltd
- Michigan Instruments.
- SunLife Sciences.
- Jolife AB
- SCHILLER
- MEDinCN
- Stryker
Cardiopulmonary Resuscitation Industry Developments
September 2022 Ambu Inc. donated 650 pieces of life-saving equipment to the International Medical Corps, a worldwide humanitarian organization, in honor of the 65th anniversary of its renowned innovation, the Ambu BagTM.
April 2022 Dynarex Corporation, a major manufacturer of durable medical equipment and consumable medical supplies, debuted its new range of upscale respiratory therapy devices, Dynarex Resp-O2. This wide range of excellent respiratory treatments includes manual resuscitation, oxygen-based aerosol therapy, suction solutions, management of bronchial/asthma symptoms, and more.
September 2021 Cardio Partners, Inc., a US-based business specializing in disaster preparedness solutions, purchased Allied 100, LLC for an unknown sum. Cardio Partners and Allied 100 will provide expanded sudden cardiac arrest (SCA) solutions, education, and services to the professional and lay emergency response markets through this merger.
Cardiopulmonary Resuscitation Market Segmentation
Cardiopulmonary Resuscitation Product Type Outlook
- Piston CPR Devices
- Load- Disturbing Band (LBD)
- Active Compression and Impedance Threshold Device (ACD+ITD)
- Extracorporeal Techniques and Invasive Perfusion Devices
- Others
Cardiopulmonary Resuscitation Compressor Type Outlook
-
Automatic Mechanical
- Battery Driven
- Pneumatic Driven
- Mechanically Actuated and Battery Driven
- Manual CPR
Cardiopulmonary Resuscitation Application Outlook
- EMT Rescue Units
- Coronary & Intensive Care Units
- Emergency Departments
- Organ Transplants Facilities
- Air Medevac Units
- Others
Cardiopulmonary Resuscitation End User Outlook
- Hospitals & Clinics
- Cardiac Catheterization Laboratories
- Organ Transplant Unit
- Others
Cardiopulmonary Resuscitation Regional Outlook
-
North America
-
Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
-
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
-
Rest of the World
- Middle East
- Africa
- Latin America
Cardiopulmonary Resuscitation Report Scope
Report Attribute/Metric
|
Details
|
Market Size 2022
|
USD 1.5 Billion
|
Market Size 2023
|
USD 1.66 Billion
|
Market Size 2032
|
USD 3.93 Billion
|
Compound Annual Growth Rate (CAGR)
|
11.30% (2023-2032)
|
Base Year
|
2022
|
Market Forecast Period
|
2023-2032
|
Historical Data
|
2018- 2022
|
Market Forecast Units
|
Value (USD Billion)
|
Report Coverage
|
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
|
Segments Covered
|
Product Type, Compressor Type, Application, End User, and Region
|
Geographies Covered
|
North America, Europe, Asia Pacific, and the Rest of the World
|
Countries Covered
|
The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
|
Key Companies Profiled
|
ZOLL Medical Corporation, CPR Medical Devices, Inc, Medkm Healthcare, Medtronic, HMP, Zeal Medical Private Limited, Premier Medical Systems & Devices Private Limited, Health Care Needs, Summit Healthcare Private Limited., Universe Surgical Equipment Co., Technocare Medisystems., Phoenix Medical Systems Pvt. Ltd, Michigan Instruments., SunLife Sciences., Jolife AB, SCHILLER, MEDinCN, and Stryker, among other domestic and players.
|
Key Market Opportunities
|
Growing investments
|
Key Market Dynamics
|
Rising prevalence of cardiovascular diseases
Increasing R&D activities
New product launches
Growing awareness of cardiac diseases
|
Cardiopulmonary Resuscitation Market Highlights:
Frequently Asked Questions (FAQ) :
The Cardiopulmonary Resuscitation market size was valued at USD 1.5 Billion in 2022.
The market is probable to grow at a CAGR of 11.30% during the forecast period, 2023-2032.
North America had the largest share of the market
The key players in the market are ZOLL Medical Corporation, CPR Medical Devices, Inc, Medkm Healthcare, Medtronic, HMP, Zeal Medical Private Limited, Premier Medical Systems & Devices Private Limited, Health Care Needs, Summit Healthcare Private Limited., Universe Surgical Equipment Co., Technocare Medisystems., Phoenix Medical Systems Pvt. Ltd, Michigan Instruments., SunLife Sciences., Jolife AB, SCHILLER, MEDinCN, and Stryker, among other domestic and players.
The Piston CPR Devices category dominated the market in 2022.
Automatic Mechanical had the main share in the market.