Global Automated CPR Devices Market to Grow at Over 11% CAGR through 2027

Increasing demand from EMS (Emergency Medical Services), surge in public awareness about cardiac arrest and clinical benefits of CPR devices, increasing government funding and grants and a rapidly growing geriatric population are some of the major drivers of the market.

The global automated CPR devices market is likely to grow at a CAGR of over 11% during the forecast period 2017-2027. A combination of macroeconomic and microeconomic factors is likely to augment market growth during the forecast period. These insights are according to a new research report titled “Automated CPR Devices Market: Global Industry Analysis (2012–2016) and Opportunity Assessment (2017–2027)” that has been added to the comprehensive repository of Market Research Reports Search Engine (MRRSE).

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The global automated CPR devices market has witnessed steady growth in the recent past, and the momentum is likely to continue during the assessment period as well. Rising baby boomer population, combined with rising prevalence of cardiovascular diseases is likely to promote the growth of automated CPR devices market. Government support and funding, combined with advancement in technology are some of the other key factors that are driving the growth of the market. However, sales of automated CPR devices remain concentrated in developed countries on account of the high cost of these devices. This has been identified as a major restraining factor for the growth of the automated CPR devices market.

The report offers detailed segmentation and analysis on the global automated CPR devices market. On the basis of end-users, the market has been segmented into hospitals, emergency medical services, ambulatory surgical centers, and speciality clinics. Among these, demand for automated CPR devices is highest in hospitals, and the trend is likely to continue during the assessment period as well.

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The report analyzes the automated CPR devices market in the key regions of North America, Asia Pacific, Latin America, Middle East & Africa, and Europe. Among these, North America and Europe continue to be the leading markets for automated CPR devices. In North America, the US continues to account for the leading share of the market, whereas Canada accounts for a miniscule share. In Europe, demand is being shaped up by growing emphasis on addressing cardiac arrests outside of traditional hospital settings. Although demand is steadily picking up in developing countries, high cost continues to be a major barrier for widespread adoption.

The report also profiled some of the leading players in the automated CPR devices market. Some of the leading names in the market include Brunswick Biomedical Technologies, Physio-Control Inc., ZOLL Medical Corporation, Michigan Instruments, and SunLife Science Inc

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Keywords : Global Automated CPR Devices Market, Automated CPR Devices Market Size, Automated CPR Devices Market Growth, Automated CPR Devices Market Analysis, Automated CPR Market Forecast,

by Arslan Khan (last year!)

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