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Automated CPR Devices Market, By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027
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Automated CPR Devices Market, By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027 AUTOMATED CPR DEVICES MARKET ANALYSIS
Cardiopulmonary Resuscitation (CPR) is a pressure method utilized in different health related crises to keep up or start blood course in the heart and oxygen gracefully in the mind. CPR gadgets are chest pressure frameworks that give great pressure to chest of patients experiencing abrupt heart failure to give a consistent progression of oxygen and blood in the cerebrum just as heart. Measurements: The worldwide mechanized CPR gadgets showcase is evaluated to represent US$ 196.0 Mn as far as incentive before the finish of 2027. Worldwide Automated CPR Devices Market: Drivers Expanding predominance of cardiovascular malady (CVD) is relied upon to push development of the worldwide computerized CPR gadgets advertise over the gauge time frame. For example, as per the American Heart Association's Heart and Stroke Statistics 2019 Update, around 48% of all grown-ups in the U.S. experienced some sort of CVD in 2016. In addition, expanding number of geriatric populace is likewise expected to help in development of the market. For example, as indicated by the U.S. Statistics Bureau, the U.S. geriatric populace is relied upon to arrive at 77 million by 2034. Measurements: North America held prevailing situation in the worldwide robotized CPR gadgets showcase in 2019, representing 37.0% offer regarding volume, trailed by Europe and Asia Pacific, individually
Figure 1. Global Automated CPR Devices Market Share (%), by Value, by Region, 2019
Worldwide Automated CPR Devices Market: Restraints Significant expenses of computerized CPR gadgets is a central point blocking development of the worldwide robotized CPR gadgets showcase. Normal expense of a robotized CPR gadget is US$ 10,000. Extra costs are additionally required on substitution/expendable pieces of CPR gadgets, for example, 'life band'. In addition, computerized CPR gadgets are generously overwhelming and can cause wounds, for example, rib cracks, sternal breaks, and inward organ breaks on application. The normal load of a mechanized CPR gadget is 11.6 kg, including the battery. This thusly is additionally expected breaking point the market development. Worldwide Automated CPR Devices Market: Opportunities Expanding interest for cutting edge robotized CPR items is required to offer rewarding development open doors for players in the market. The following are some neglected clinical needs that can furnish makers with great development openings sooner rather than later. Computerized Pulse Rate Check: A mechanized CPR gadget ought to have an in-constructed highlight to check beat pace of the patient so as to spare time spent to check the equivalent physically Mechanized Function for Injectable: Automated CPR gadget should offer a capacity to show the opportune chance to infuse the patient with infusions, for example, Atropine and Adrenaline (guarantees blood fixation around the crucial organs, for example, mind and heart) Robotized organization of adrenalin Besides, rules on the utilization of robotized CPR gadgets are likewise expected to help in development of the market. For example, in May 2020, American Heart Association distributed rules on reviving babies and youngsters with COVID-19. Insights: The worldwide robotized CPR gadgets showcase was esteemed at US$ 83.5 Mn in 2019 and is estimate to arrive at an estimation of US$ 196.0 Mn by 2027 at a CAGR of 11.3% somewhere in the range of 2020 and 2027.
Figure 2. Global Automated CPR Devices Market Value (US$ Mn), and Y-o-Y Growth (%), 2019-2027
Market Trends/Key Takeaways North America is witnessing increasing adoption of automated CPR devices. For instance, in May 2020, Sentara Martha Jefferson Hospital, Virginia, (U.S.) received LUCAS hands-free automated CPR device through the Sentara Martha Jefferson Foundation. Increasing prevalence of CVD is expected to boost growth of the market in Asia Pacific. For instance, according to the study, ‘Cardiovascular Diseases in India Compared With the United States, published in July 2018, in the Journal of the American College of Cardiology, the estimated age-standardized prevalence of CVD in India in 2016 was 5,681 per 100,000. 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, and SunLife Science Inc. Global Automated CPR Devices Market: Key Developments Major players in the market are focused on adopting partnership strategies to expand their product portfolio. For instance, in November 2019, ZOLL Medical Corporation partnered with BewellConnect, the e-health subsidiary of Visiomed Group, a developer of health products and services, for R&D of a mobile health solution that integrates ZOLL RescueNetAmbulancePad with BewellConnectVisioCheck for the French market.
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