July 19, 2024
Automated CPR Devices Market

The Rapid Adoption Of Automatic Feedback Mechanisms Is Anticipated To Openup The New Avanue For Automated CPR Devices Market

Market Overview:

Automated CPR devices are powered, mechanical devices used for performing cardiopulmonary resuscitation in cases of cardiac arrest. These devices help to provide uninterrupted chest compressions to patients at a controlled rate and depth for prolonged duration without interruptions. Automated CPR devices are increasingly being adopted by hospitals and emergency medical services as they enable consistent delivery of high-quality CPR compared to manual CPR performed by healthcare professionals.

Market Dynamics:

Growing incidence of cardiac arrests and increasing awareness about importance of prompt initiation of CPR are some of the key factors driving growth of the automated CPR devices market. According to American Heart Association estimates, over 350,000 out-of-hospital cardiac arrests occur annually in the United States. Early initiation of effective CPR increases chances of survival. Automated CPR devices ensure that high-quality uninterrupted chest compressions are provided during cardiac arrest events. This is expected to boost their adoption. Furthermore, integration of feedback mechanisms in automated CPR devices to monitor quality of compressions and provide prompt corrections is advancing their usability which is another factor fueling market growth.

The global Automated CPR Devices Market Growth is estimated to be valued at US$ 127.6 Mn in 2023 and is expected to exhibit a CAGR of 11.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Segment Analysis

The automated CPR devices market is dominated by Pneumatic Actuated devices segment. Pneumatic Actuated devices are easy to use in emergency situations as they do not require battery power or any external energy source. They can run on compressed air which makes these devices lightweight and portable. The automated nature of these devices ensure consistent, high quality chest compressions without human fatigue thereby improving resuscitation efforts in critical situations.

PEST Analysis

Political: Regulations regarding emergency medical response and preference for automated CPR devices over manual CPR are expected to drive demand. Governments aim to improve survival rates from cardiac arrests.

Economic: Growing healthcare spending especially in emerging economies will fuel market growth. Rise in income levels increases affordability of advanced life-saving equipment.

Social: Increasing awareness about importance of early defibrillation and high-quality CPR drives focus on automated devices. Society gives importance to emergency preparedness in public places.

Technological: Advancements in sensors, materials and battery technology aids miniaturization and improves performance of automated CPR devices. Connected devices enable remote monitoring and analysis of resuscitation efforts.

Key Takeaways

The global automated CPR devices market is expected to witness high growth, exhibiting a CAGR of 11% over the forecast period, due to increasing focus on public access defibrillation and preference for consistent, effective chest compressions.

The North America region dominates the automated CPR devices market holding over 40% of the global market share in 2023. This is attributed to growing focus of government and medical organizations on equipping public places with AEDs and automated CPR devices.

Key players operating in the automated CPR devices market include ZOLL Medical Corporation, Stryker, Brunswick Medtech, Michigan Instruments, SunLife Sciences Pvt Ltd, CPR Medical Devices, Inc., Medtronic, Faith Group, Nihon Kohden Corporation and SCHILLER Americas Inc. ZOLL leads the market with innovative products like ZOLL AutoPulse and has a strong presence across regions.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it