The Global Manual Resuscitators Market Growth is driven by rising cases of cardiac arrest
The global manual resuscitators market comprises medical devices that are used to provide ventilation to patients who are not breathing or not breathing adequately. Manual resuscitators, also known as manual bag-valve masks or bag valve masks, are hand-operated devices that consist of a face mask, a self-filling bag, and a one-way valve. They are available in self-inflating or flow-inflating models and are essential equipment in emergency and critical care settings to provide positive pressure ventilation to patients. Manual resuscitators provide an affordable alternative to automated mechanical ventilators for basic ventilation support and are extensively used during CPR, anesthesia, respiratory failure, and emergency transport.
The Global Manual Resuscitators Market Share is estimated to be valued at US$ 540.7 million in 2024 and is expected to exhibit a CAGR of 5.6% over the forecast period of 2024 to 2031.
Key Takeaways
Key players operating in the global manual resuscitators market are WEINMANN Emergency Medical Technology GmbH + Co. KG, Laerdal Medical, Ambu A/S, Medline Industries, LP, Hopkins Medical Products, ResMed, Inc., HUM Gesellschaft für Homecare und Medizintechnik mbH, PERSYS MEDICAL, and CareFusion. These players are focusing on new product launches and partnerships to strengthen their market position.
The rising prevalence of cardiac and respiratory diseases is fueling the demand for manual resuscitators globally. As per World Health Organization, cardiovascular diseases account for over 17 million deaths annually. Also, around 235 million people suffer from asthma worldwide. With growing disease burden, the need for emergency respiratory support equipment like manual resuscitators is increasing significantly.
The manual resuscitators market is expanding rapidly in emerging nations due to improving access to healthcare systems. Asia Pacific region represents the fastest growing regional market attributed to developing economies, rising healthcare investments, and increasing focus on expanding emergency medical services. China and India are expected to witness high demand for manual resuscitators due to surge in medical tourism and large patient population.
Market drivers
The increasing incidence of cardiac arrests is a major factor driving the global manual resuscitators market growth. As per the American Heart Association estimates, out-of-hospital cardiac arrests affects around 356,000 people annually in the US. This reflects significant rise in demand for emergency airway management devices like manual resuscitators during CPR. In addition, the widespread availability, ease of use, low cost compared to mechanical ventilators, and portability make manual resuscitators a preferred ventilation device in pre-hospital transport and hospital emergency settings.
Impact of geopolitical situation on the growth of Global Manual Resuscitators Market
The growth of the global manual resuscitators market is facing challenges due to the ongoing geopolitical tensions and conflicts across various regions. The public health infrastructure and spending on medical devices have been impacted negatively in many countries engaged in regional conflicts or warfare. This has limited the expansion of players in the manual resuscitators market in such nations. Moreover, economic sanctions and trade restrictions imposed by some countries on others are also hindering the global supply chain and trade dynamics of medical devices including manual resuscitators. Significant currency fluctuations owing to political instability in some key markets have increased operational costs for the industry as well.
To sustain long-term growth, companies in the manual resuscitators market must diversify their supply networks and explore new opportunities in politically stable markets. They also need to develop portable and affordable product offerings tailored for resource-constrained public healthcare systems affected by conflicts. Adopting a multifaceted global marketing strategy instead of singular country-focused approach can help offset geopolitical risks. Additionally, establishing manufacturing facilities in different geographies through strategic partnerships is key to mitigating over-reliance on select regions.
Geographical regions where the market is concentrated
North America currently accounts for the largest share of the global manual resuscitators market in terms of value sales. This can be attributed to factors such as availability of advanced healthcare infrastructure, growing prevalence of chronic respiratory diseases, and large consumer base preferably opting for branded medical devices. Europe is another major revenue contributor supported by favorable public insurance coverage for critical care equipment and accessibility of state-of-the-art products. presence of leading industry players has also boosted the manual resuscitators market in these developed regions.
Fastest growing region for the Global Manual Resuscitators Market
The Asia Pacific market for manual resuscitators is projected to expand at the fastest pace during the forecast period. This growth can be credited to improving access to healthcare services across developing nations like China and India driven by their rising health expenditures. Increasing government initiatives for strengthening emergency care capabilities and ongoing medical modernization are expanding the customer base. Additionally, growing external funding for public health programs from global organizations is promoting the adoption of manual resuscitators. Manufacturers find the Asia Pacific a lucrative region with opportunities to tap into its massive patient pool through tailored low-cost solutions.
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