Steady Growth in Global Manual Resuscitators Market

  • Increasing rate of patients suffering from cardiac arrests will boost the market growth.
  • Availability/usage of silicon in these devices which is known to cause allergic reactions in asthmatic patients can also restrict the market growth.
  • Global manual resuscitators market is highly fragmented and the major players have used various strategies to increase their footprints in this market.

Global manual resuscitators market is expected to rise to an estimated value of $630 million by 2026, registering a steady CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing incidences of chronic obstructive pulmonary diseases in the global population.

Market Definition: Global Manual Resuscitators Market

Manual resuscitators are medical devices that are designed for the provision of ventilation and management of airway in patients that are not able to breathe. These devices are very common in kits of ambulances and out-patient healthcare services due to its easy operating mechanism and cost-effective nature.

Market Drivers

  • Increasing rate of patients suffering from cardiac arrests will boost the market growth.
  • Various initiatives and awareness programs organized by various enterprises to inform individuals regarding the usage of resuscitators enhances the growth of this market.
  • High focus of healthcare facilities and organizations to reduce the incidences of neonatal death rate acts as a market driver.
  • Various advancements and technological innovations in the range of product offerings by the major players is expected to fuel the growth of the market.

Market Restraints

  • Presence of strict regulatory demands for the development and commercialization of resuscitators hampers the market growth.
  • Concerns regarding the complications associated with operations of the device due to its manual nature which can lead to negative lung injuries; this factor is expected to hinder the growth of the market.
  • Availability/usage of silicon in these devices which is known to cause allergic reactions in asthmatic patients can also restrict the market growth.

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Key Developments in the Market:

  • In September 2018, Koninklijke Philips N.V. announced that they had develop “Augmented Infant Resuscitation” for neonatal bag-valve-mask (BVM) resuscitators to be included as an addition for the existing system to reduce the difficulties encountered while asphyxiating infants and neonates. This device is an innovative addition to the respiratory system helping reduce the deaths caused due to asphyxiation
  • In July 2017, Flexicare, Inc. announced that they had completed the acquisition of NeoForce, Inc. based out of U.S. and focusing on the provision of pulmonary resuscitation solutions for neonates in inpatient and ambulatory scenarios. This acquisition will help in a healthy expansion of product portfolio and geographical presence of Flexicare, Inc.

Competitive Analysis:

Global manual resuscitators market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of manual resuscitators market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major competitors currently working in the global manual resuscitators market are WEINMANN Emergency Medical Technology GmbH + Co. KG; Laerdal Medical; Me.Ber. srl; Ambu A/S; Medline Industries, Inc.; Hopkins Medical Products; Cardinal Health; HSINER; Meditech Systems Limited; TECNO-GAZ S.p.A.; Besmed Health Business Corp.; STURDY INDUSTRIAL CO., LTD.; Shining World Health Care Co., Ltd.; iM3Vet Pty Ltd.; For Care Enterprise Co., Ltd.; McKesson Medical-Surgical Inc.; HUM Gesellschaft für Homecare und Medizintechnik mbH; Smiths Medical, Inc.; Teleflex Incorporated; Mercury Medical; Marshall Airway Products Limited; Romsons among others.

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