Global CardiopulmonaryResuscitation Market size was valued at USD 1,603.16 Million in2019 and is expected to register a CAGR of 10.50% during the forecastperiod of 2020 to 2027.
Cardiopulmonaryresuscitation (CPR) is a lifesaving technique useful in many emergencies,including a heart attack or near drowning, in which someone's breathing orheartbeat has stopped. During a cardiac arrest, due to an insufficient supplyof blood, the heart stops beating. In such conditions, blood circulation vitalto sustaining life can be provided by constantly compressing the heart througha physical force applied to the patient’s chest. This rescue technique istermed cardiopulmonary resuscitation (CPR), which is employed in emergencies orconditions to protect the patient from fatal myocardial infarction or braindamage.
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GlobalCardiopulmonary Resuscitation Market is mainly driven by the increasingprevalence of heart and respiratory diseases, rising geriatric population, risein government initiatives, increasing global incidence of cancer, and growingproduct approvals by major players. People worldwide are living longer.According to the World Health Organization, by 2050, the world’s populationaged 60 years and older is expected to be 2 billion, up from 900 million in2015. By 2050, there will be almost this many (120 million) living in Chinaalone, and 434 million people in this age group worldwide. By 2050, 80% of allolder people will live in low- and middle-income countries.
Market Dynamics
Heart disease is the leading cause of death in men and women globally.According to the American College of Cardiology, approximately every 40seconds, an American will have a myocardial infarction. It further stated thatin 2017, emergency medical services-assessed out-of-hospital cardiac arrestoccurred in an estimated 356,461 Americans; emergency medical servicestreatment was initiated in 52%. The initial recorded cardiac rhythm wasventricular fibrillation, ventricular tachycardia, or shockable by an automatedexternal defibrillator in only 18.7%. Adult survival to hospital discharge was10.4%; 8.4% had good functional status at discharge. Furthermore, according toNHS England, the respiratory disease affects one in five people and is thethird-biggest cause of death in England (after cancer and cardiovasculardisease). According to a new Tulane University study published in The Lancet,chronic obstructive pulmonary disease (COPD) is widespread in China, with 8.6%of the country's adult population with almost 100 million people suffering fromchronic lung disease. In addition, as per the World Health Organization, it isestimated that 54% of deaths from noncommunicable diseases in the EasternMediterranean Region are due to cardiovascular diseases. Deaths attributed tocardiovascular diseases (of total deaths) range from 49% in Oman to 13% inSomalia. The prevalence of cardiovascular diseases is due to sedentarylifestyles and common risk factors, such as hypertension (ranging from 28% inthe UAE to 41% in Libya and Morocco); diabetes (ranging from 4% in the IslamicRepublic of Iran to 19% in Sudan) and hypercholesterolemia (ranging from 14% inLebanon to 52% in the Islamic Republic of Iran). Effective CPR can improve thesurvival rate of patients with cardiac and respiratory diseases. Application ofCPR immediately can increase the survival rate of victims significantly. Astudy by the American Heart Association states that 70% of Americans feelhelpless in cardiac emergencies as they are not aware of administering CPR.
The International Liaison Committee on Resuscitation (ILCOR) launched thefirst global “World Restart a Heart (WRAH)” initiative in 2018. The aim was toincrease public awareness and improve the rates of bystander cardiopulmonaryresuscitation (CPR) for victims of cardiac arrest.
Segmentation
Global Cardiopulmonary Resuscitation Market has been divided based onProduct Type, Compressor Type, Application, and End User.
On the basis of Product Type, the market is bifurcated into piston CPR devices,load-distributing band (LDB), active compression-decompression (ACD) devicesand impedance threshold device, extracorporeal techniques and invasiveperfusion devices, and others. The piston CPR devices segment is expected toregister the highest CAGR of 11.57% during the forecast period.
On the basis of compressor type, the market is bifurcated into manual CPRand automatic mechanical CPR. The automatic mechanical CPR segment accountedfor a larger market share with a value of USD 101.6 million in 2019.
On the basis of application, the market is bifurcated into emergencydepartments, coronary & intensive care units, organ transplant facilities,air medevac units, and EMT rescue units. The EMT rescue units segment isexpected to register the highest CAGR of 12.71% during the forecast periodowing to the rise in the availability of a skilled workforce across the globe.
On the basis of end user, the market is bifurcated into hospitals andclinics, cardiac catheterization laboratories, organ transplant units, andothers. The hospitals and clinics segment accounted for the largest marketshare at a value of USD 136.1 million in 2027. This large share can beattributed to the growing awareness of many cardiovascular disease andarrhythmia.
Regional Analysis
Global Cardiopulmonary Resuscitation Market, based on region, has beendivided into the Americas, Europe, Asia-Pacific, and the Middle East &Africa. The Americas is expected to command the largest market share due to therise in the prevalence of lifestyle diseases and heart diseases.
Europe held a substantial share in the global market. This can be attributedto the technological advancements, high disposable income, growing geriatricpopulation, and favorable regulatory framework. According to the British HeartFoundation, around 7 million people are living with heart and circulatorydisease in the UK, where 3.4 million are men and 3.5 million women.
Asia-Pacific is expected to command the third-largest share of the globalmarket owing to the growing geriatric population, increasing chronic diseases,and elevated utilization of medical devices in healthcare. Rising awarenessregarding medical devices and key measures taken by government bodies in theadoption of monitoring devices and improving emergency paramedical services arethe other key drivers of the market in Asia-Pacific.
The cardiopulmonary resuscitation market in Middle East & Africa isexpected to exhibit steady growth during the review period due to theincreasing number of heart & respiratory diseases and rapidly developinghealthcare infrastructure. For instance, according to the Dubai HealthAuthority, nearly 30% of the UAE population suffers from heart disease, whichhas emerged as a major killer; 32% of people suffer from high blood pressure,with high stress being a major contributor.
Key Players
The Prominent Players in the Global Cardiopulmonary Resuscitation Market areStryker, Nihon Kohden Corporation, ZOLL Medical Corporation, KoninklijkePhilips N.V., Vyaire Medical, Inc., General Electric Company, CPR MedicalDevices, Inc., Michigan Instruments, Corpuls, SCHILLER, and Medtronic.
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