The Manual Resuscitator Market, critical for providing emergency respiratory support, is poised for steady growth. According to a recent market study by Future Market Insights (FMI), a leading ESOMAR-certified market research company, the industry is projected to reach a valuation of US$845.3 million by 2030. This upward trajectory is primarily driven by the concerning rise in Chronic Obstructive Pulmonary Disease (COPD) cases worldwide.
COPD: Fueling the Demand for Manual Resuscitators Reinforced Silicone Laryngeal Mask
COPD is a serious lung condition characterized by obstructed airways, making breathing difficult. With over 250 million people suffering from COPD globally, according to the World Health Organization (WHO), and over 15 million cases in the US alone (American Lung Association), the demand for effective respiratory support remains high. Manual resuscitators, also known as bag-valve masks (BVMs), play a crucial role in assisting patients experiencing respiratory failure.
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What’s with Infants and Neonates?
According to the WHO, in the year 2018, close to 2.5 Mn children died in the very first month of their life due to pre-term birth, infections, or birth asphyxia.
It further states that around 23% of infants were diagnosed with birth asphyxia in the same year. Resuscitation is a must in cases like these.
The trend mentioned above, apart from COPD, is expected to take the Global Manual Resuscitator Industry at a higher stride in the forecast period (2020-2030).
Manual Resuscitator Market Key Takeaways
The global market is set to enhance its scope in the forecast period, due to the rising number of cardiac arrests. In addition to this, cost-effectiveness is augmenting the sales of manual resuscitators.
The key market players covered by FMI include HUM Systems for Life, GE Healthcare, Covidien Plc, Hopkins Medical Product, Drager Medical AG and Co., Laerdal Medical, and Me. Ber. Srl, Hill, Ambu A/S, Philips Healthcare, CareFusion, Weinmann, and Medline Industries.
Future Market Insights brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2030. The Global Manual Resuscitator Industry is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on Global Manual Resuscitator Industry based on type (flow-inflating resuscitator, self-inflating resuscitator, T-piece), modality (silicone, PVC, rubber), technology (pop-off valve, PEEP valve, others), type of patient (pediatric, adult, others (infants, neonates), application (COPD, cardiopulmonary arrest, others (asthma, anesthesia), end-use (hospital, out-of-hospital (home care, community care, primary care), ASC, military, others (specialized diagnostic centers, specialized clinics) across seven major regions.
Global Manual Resuscitator Industry Analysis
Manual Resuscitator Market by Product Type:
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Manual Resuscitator Market by Usage:
Manual Resuscitator Market by Technology:
Manual Resuscitator Market by Type of Patient:
Manual Resuscitator Market by End Use:
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Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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