Market Size of Resuscitation Devices Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 4.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Resuscitation Devices Market Analysis
The Resuscitation Devices Market is expected to register a CAGR of 5.5% during the forecast period. This is attributing to a high incidence of preterm births, high demand for emergency care, rising incidences of target diseases. In addition, the rising incidence rate of cardiac arrest, awareness programs associated with defibrillators, and growing focus on providing public access defibrillators are also fueling the resuscitation devices market. As per the World Health Organization, cardiovascular diseases are the prime cause of death globally taking around 17.9 million lives every year. This will surge the demand for resuscitation devices as heart diseases are the leading cause of death and drive the overall market. Moreover, clinical advantages associated with cardiopulmonary resuscitation (CPR) and increasing need for medical services around the globe will propel the resuscitation device market in the forecasted period. However, the risk associated with the automated external defibrillators and harmful effects of certain devices on neonates may hamper the market to a certain extent.
