Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 128.67 Million | USD 342.45 Million | 11.49% | 2023 |
The global CPR devices market size was worth around USD 128.67 million in 2023 and is predicted to grow to around USD 342.45 million by 2032 with a compound annual growth rate (CAGR) of roughly 11.49% between 2024 and 2032. According to recent statistics, the market for cardiopulmonary resuscitation (CPR) devices is quite significant, which is a reflection of the important role these devices play in improving cardiac arrest patients' survival rates.
CPR Devices Market: Overview
Cardiopulmonary resuscitation (CPR) devices are essential tools for providing life-saving intervention during cardiac arrest emergencies, helping to maintain blood circulation and oxygenation until advanced medical care can be administered. An effective CPR devices is in high demand due to a growing number of cardiovascular illnesses and unexpected cardiac arrests globally. The report covers forecasts and analyses for the CPR devices market on a global and regional level. The study provides historical data from 2018 along with a forecast from 2024 to 2032 based on revenue (USD Million). The study includes drivers and restraints for the CPR devices market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the CPR devices market on a global level.
Mechanical cardiopulmonary resuscitation (CPR) devices have seen increased use in recent years. Cardiopulmonary resuscitation devices are used for performing external cardiac compressions on adult patients who are suffering from a sudden cardiac arrest. The CPR device has the potential to act as a lifesaving device during cardiac arrest; growing adoption of these devices around the world is expected to drive the CPR devices market in the forecast period.
The CPR devices market is expected to witness a robust growth in the near future. The market is mainly driven by rising prevalence of chronic heart disease, the prevalence of lifestyle diseases, rising geriatric population, and increased access to emergency medical services. Furthermore, growing awareness regarding the clinical benefits of CPR devices, increasing adoption of CPR devices by end users in the prevention of cardiac arrest is driving the growth of the global CPR device market. However, high cost, trained medical personnel required to use CPR technique are restraining the growth of the market. Technological advancements in medical devices are expected to present rewarding opportunities in the near future.
This report offers comprehensive coverage of the global CPR devices market along with, market trends, drivers, and restraints of the CPR devices market. This report includes a detailed competitive scenario and the product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the CPR devices market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. This report is prepared by using data sourced from in-house databases, and secondary and primary research teams of industry experts. Research analysts and consultants cooperate with leading companies in the concerned domain to verify every value of data that exists in this report.
Report Attributes | Report Details |
---|---|
Report Name | CPR Devices Market Research Report |
Market Size in 2023 | USD 128.67 Million |
Market Forecast in 2032 | USD 342.45 Million |
Growth Rate | CAGR of 11.49% |
Number of Pages | 214 |
Key Companies Covered | 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., and among others. |
Segments Covered | By Device Type, By End-User, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The study provides a decisive view of the CPR device Market by segmenting the market based on device type, end user, and region. All these segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032. The CPR devices market is categorized based on device type, end user, and region.
On the basis of device type, the market is divided into mechanical piston devices, active compression-decompression (ACD) devices, impedance threshold devices, load-distributing band CPR or vest CPR, phased thoracic-abdominal compression-decompression CPR with a hand-held device, extracorporeal techniques, and invasive perfusion devices, etc.
The end user segment includes ambulances, coronary & intensive care units, cardiac catheterization labs, organ transplant facilities, air medevac units, emt rescue units, hospitals, pre-hospital, and others.
Furthermore, the global market is fragmented based on geographical regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
By geography, North America and Europe were the major regions occupying major revenue from the global CPR devices market. North America dominates the CPR devices market owing to the presence of advanced medical and healthcare facilities. Europe followed North America in terms of revenue generation and was the second after North America. The growth in this region was due to the prevalence of heart diseases and rising incidence of cardiac arrests. In addition, the presence of advanced emergency medical services, wide adoption of automated CPR devices in this region is expected to drive the growth of the market. The Asia Pacific was the fastest growing market. Rising awareness about the benefits of CPR devices and increasing government initiatives in terms of developing healthcare infrastructure were the key factors driving the growth of CPR devices market in this region. Latin America and the Middle East and Africa are anticipated to witness significant growth within the forecast period.
By Device Type
By End User
By Region
FrequentlyAsked Questions
Cardiopulmonary resuscitation (CPR) devices are essential tools for providing life-saving intervention during cardiac arrest emergencies, helping to maintain blood circulation and oxygenation until advanced medical care can be administered.
According to study, the global CPR devices market size was worth around USD 128.67 million in 2023 and is predicted to grow to around USD 342.45 million by 2032.
The CAGR value of CPR devices market is expected to be around 11.49% during 2024-2032.
North America has been leading the global CPR devices market and is anticipated to continue on the dominant position in the years to come, states the CPR devices market study.
The global CPR devices market is led by players like 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., and among others.
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