Over the forecast period, rising cardiovascular disease (CVD) prevalence is anticipated to fuel market expansion for automated CPR devices. For instance, the Heart and Stroke Statistics 2019 Update from the American Heart Association estimates that in 2016, over 48% of all individuals in the U.S. experienced a CVD.
Additionally, a growing geriatric population is anticipated to support market expansion. For instance, the U.S. Census Bureau projects that by 2034, there will be 77 million elderly people living in the country.
The market for Automated CPR Devices was valued at US$ 83.5 million in 2019 and is anticipated to grow at a CAGR of 11.3% from 2020 to 2027 to reach US$ 196.0 million.
Major Players in the Automated CPR Devices Industry:
1. ZOLL Medical Corporation: Established in 1989. Admin centre in the U.S. Creator of medical equipment and software programmes for use by experts in EMS, fire, and clinical settings to promote emergency care. With the help of cutting-edge resuscitation and acute critical care technology, the company provides defibs, monitors, CPR feedback, supersaturated oxygen therapy, data management, therapeutic temperature management, cardiac diagnostics, temperature management, and mobilises rescue systems to assist organisations in improving clinical and operational efficiencies.
2. Stryker Corporation: A variety of medical tools, devices, consumables, and implantables are created, produced, and sold by Stryker. Hip and knee replacements, endoscope systems, operating room supplies, embolic coils, hospital beds and gurneys, and spinal devices are among the product categories. Stryker continues to be one of the top three suppliers of reconstructive orthopaedic implants and is the market leader in operating room supplies. Currently, just over one-fourth of Stryker's entire revenue originates from sources outside of America. Built in 1936. Stryker, which has its corporate headquarters in the U.S., today announced a definitive merger agreement to buy all of the issued and outstanding shares of Vocera Communications, Inc.'s common stock for $79.25 per share, or roughly $2.97 billion in total equity value and $3.09 billion in total enterprise value.
3. Brunswick Biomedical Technologies: Since 1944, Brunswick has developed biomedical solutions for emergency cardiac care in close collaboration with several of the top medical innovators in the world. Products from Brunswick include emergency transport systems, automatic CPR devices, and adjuncts for airway control. United States headquarters. The Personal Navigation Device Division of Brunswick New Technologies (Navman) will be acquired by MiTAC.
4. Michigan Instruments: Industrial forklift distributor. The business distributes industrial forklifts, used forklifts, components, and related machinery. Additionally, it offers maintenance and financing services. Created in 1978. United States headquarters. a former executive of the Huizenga Group buys Michigan Instruments.
5. SunLife Science Inc: Hotel and other service provider situated in Japan's Hiratsuka. Built in 1996. Headquarters in Japan's Hiratsuka. Sun Life completes acquiring Advisors Asset Management in its entirety.
Definition: Automated mechanical CPR devices deliver chest compressions independently of the user, either through vertical force by a piston, or through semi-circumferentially constricting force by a load-distributing band.
