According to FutureWise analysis the market for cardiopulmonary resuscitation CPR in 2023 is US$ 1.67 billion, and is expected to reach US$ 4 billion by 2031 at a CAGR of 11.50%.
The cardiopulmonary resuscitation (CPR) procedure involves chest compressions as well as artificial ventilation in order to preserve intact brain function until further measures are taken to restore spontaneous blood circulation and breathing in someone who has had a cardiac arrest. It is recommended for patients who cannot breathe or are breathing abnormally, such as those experiencing axonal respirations. As an alternative to mouth-to-mouth resuscitation, a rescuer may also use a mechanical ventilator or inhale air directly into the victim's lungs. Alternatives to conventional manual CPR have been developed to increase perfusion during resuscitations from cardiac arrests and to improve survival rates. It is possible to deliver high-quality CPR using mechanical devices. By replacing a human rescuer with a mechanical chest compression device, high-quality chest compressions are provided externally. Currently, a number of devices are available, but they can generally be classified as load distributing band or piston devices based on their mechanism of compression.
Cardiopulmonary resuscitation (CPR) devices have become more prevalent in recent years. Considering the importance of uninterrupted high-quality CPR, it follows that a mechanical device that doesn't suffer from the variations and fatigue experienced by human rescuers would improve manual CPR and increase survival rates. The rise in the geriatric population will contribute significantly to the growth of automated CPR devices in the future. There is a high prevalence of chronic diseases among the elderly, such as respiratory diseases, cancer, and diabetes. A CPR device can be found in EMS, hospitals, ambulances, cardiac catheterization labs, air medevac units, EMT rescue units, and many other places. This wide market application and demand is a driving force.
FutureWise Market Research has instantiated a report on the Cardiopulmonary Resuscitation CPR Market. The report provides an intricate analysis of market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of the market.
According to the research study conducted by FutureWise research analysts, the market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.