Automated CPR Devices MarketSize and Trends

The global automated CPR devices market is estimated to be valued at US$ 127.6 million in 2023 and is expected to exhibit a CAGR of 11.5% during the forecast period (2023-2030).

Analysts’ Views on Global Automated CPR Devices Market Market:

Over the course of the forecast period, rising geriatric and cardiovascular disease incidence rates are anticipated to dominate global automated CPR devices market. The increasing geriatric population increases the demand for the use of automated CPR devices for the pateints which have cardiac disorders. For instance, in June 12, 2023, according to the British Heart Association, globally it’s estimated that 1 in 13 people are living with a heart or circulatory disease and there are around 620 million people living with heart and circulatory diseases across the world–this number has been rising due to changing lifestyles, an ageing and growing population, and improved survival rates from heart attacks and strokes and will continue to rise if these trends continue.

Increasing incidence of cardiovascular diseases leads to the use of automated CPR devices is expected to boost growth of the global automated CPR devices market over the forecast period. For instance, in June 2021, according to the World Health Organization, an estimated 17.9 million people died from CVDs in 2020, representing 32% of all global deaths. Of these deaths, 85% were due to heart attack and stroke. Over three quarters of CVD deaths take place in low and middle income countries such as Bangladesh, Afghanistan etc. Out of the 17 million premature deaths (under the age of 70) due to non-communicable diseases in 2020, 38% were caused by CVDs.

Certain factors such as innovation to the existing products of CPR, tended to drive the global automated CPR devices over the forecast period. For instance, in March 2021, NHS Tayside-a Health Board, InnoScot Health, a healthcare company, collaborated to design and develop the device SARUS-CPR hood that is set to revolutionise the resuscitation process for first responders. SARUS-CPR hood has been adopted into clinical practice by NHS Tayside following its development in response to the COVID-19 pandemic.

By Product Type, the market is segmented into Load-Distributing Band (LDB) Devices, Piston CPR Devices, Active Compression-Decompression (ACD) Devices, Impedance Threshold Device, Extracorporeal Techniques & Invasive Perfusion Devices, Phased Thoracic-abdominal Compression-decompression CPR with a Handheld Device, and Others. Out of which, the Extracorporeal Techniques & Invasive Perfusion Devices segment is expected to hold a dominant position in the global automated CPR devices market during the forecast period and this is attributed due to the initiation of it emergently on patients who have had cardiac arrest.

By Compressor, the market is segmented into Automatic Mechanical CPR, Battery Driven, Pneumatic Driven, Mechanically Actuated & Battery Driven, and Manual CPR. Out of which, the battery driven segment is expected to hold a dominant position in the global automated CPR devices market during the forecast period and this is attributed to the increasing prevalence of cardiovascular diseases.

By End User, the market is segmented into Hospitals, Ambulatory Surgical Centers, Ambulance and Others. Out of which, the hospitals segment is expected to dominate the market over the forecast period and this is attributed to the admission rates in hospitals due to increase prevalence of cardiovasvular devices.

By Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Out of which, the North America is expected to dominated the global automated CPR devices market over the forecast period.

Among all the segmentations, the product type segment has the highest potential due to the emergently initiating action on patients who had cardiac arrest or any cardiac disease over the forecast period. For instance in Januray 2021, according to an article published in the Indian Journal of Thoracic and Cardiovascular Surgery, Extracorporeal cardiopulmonary resuscitation (ECPR) is a salvage procedure in which extracorporeal membrane oxygenation (ECMO) is initiated emergently on patients who have had cardiac arrest (CA) and on whom the conventional cardiopulmonary resuscitation (CCPR) has failed. This tends to increase the demand for the automated CPR devices over the forecast period.

Global Automated CPR Devices Market Market Cross Sectional Analysis:

Among, product type, Extracorporeal techniques & invasive perfusion devices expected to rise due to the rising incidence of cardiovascular diseases and increasing number of geriatric population is expected to boost demand for automated CPR devices market in North America region. For instance, on June 05, 2023, according to the Statista, in 2020, about 16.9 percent of the U.S population was 65 years old or over; a figure which is expected to reach 22 percent by 2050.