Automated CPR Devices Market: Europe Most Lucrative Region, Accounting for Highest Incremental Value of US$ 42.1 Mn through 2025
Future Market Insights (FMI) offers key insights on automated cardiopulmonary resuscitation devices market in its research report, “Automated CPR Devices Market: Global Industry Analysis and Opportunity Assessment 2015-2025”.
Automated Cpr Devices Market
A recent market study published by Future Market Insights on the automated CPR devices mar...
FMI has analysed the automated CPR market in key regions, including North America (U.S. and Canada), Asia Pacific (China, Japan, and Rest of APAC), Europe (U.K., Germany, and Rest of Europe), and Middle East & Africa (South Africa and Rest of MEA).
According to FMI’s research report, Europe is the most lucrative market for CPR devices, owing to high rate of automated CPR technology adoption and modern EMS models in the region. FMI expects automated CPR devices market in Europe to account for highest incremental value of US$ 42.1 Mn over the forecast period.
In terms of market share, automated CPR devices market in Europe is expected to gain 180 BPS during the forecast period 2015-2025, accounting for nearly 38% of the total market.
FMI has sub-segmented the Europe automated CPR devices market into Germany, U.K., and Rest of Europe. Germany and U.K. are poised to gain 660- and 120-BPS points respectively during the forecast period.
Although Rest of Europe is expected to lose 780 points during the forecast period, FMI forecasts it to account for the largest share of 55.7% at the end of 2025.
Key factors fuelling the automated CPR devices market in Europe include increasing demand from EMS administrators, rising awareness, increasing government funding and grants, and increasing incidences of cardiovascular diseases.
Although FMI maintains a positive outlook on the European automated CPR devices market, the high cost of these devices can impede its growth during the forecast period. However, it is expected that technological innovation will lower the costs of automated CPR devices in the near future.
North America is the second most lucrative region for automated CPR devices after Europe. FMI estimates the North America automated CPR devices market to expand at 11.6% CAGR during the forecast period. The market in North America is fuelled by rising number of new entrants in the market offering advanced CPR products.
Browse Full "Automated CPR Devices Market: Global Industry Analysis and Opportunity Assessment 2015 - 2025" Report at https://www.futuremarketinsights.com/reports/details/automated-cpr-devices-market
FMI has sub-segmented the North America automated CPR devices market into the U.S. and Canada. The automated CPR devices market in both these countries is expected to expand at double-digit CAGR during the forecast period 2015-2025.
The Asia Pacific automated CPR devices market is anticipated to expand at a high single-digit CAGR during the forecast period owing to initiatives by the Asian EMS Council for improvement and promotion of pre-hospital care/EMS in Asia.
Other key factors driving the Asia Pacific automated CPR devices market include rising awareness among end-use sectors, increase in government funding and grants, and rising prevalence of cardiovascular diseases. In terms of absolute $ opportunity, the APAC market is expected to account for an incremental value of US$ 17.2 Mn during the forecast period.
FMI has sub-segmented the Asia Pacific automated CPR devices market into China, Japan, and Rest of Asia Pacific. China and Japan are forecasted to gain 40 and 220 BPS during the forecast period, whereas Rest of Asia Pacific is projected to lose 260 BPS. In terms of market share, Japan will remain the largest market, accounting for 42.7% share by 2025.
The Middle East and Africa (MEA) automated CPR devices market is expected to account for incremental value of US$ 12.4 Mn between 2014 and 2025. South Africa is the most lucrative market for automated CPR devices in MEA, accounting for 47.4% market share in 2014.
About the Healthcare Division at Future Market Insights
Future Market Insights facilitates corporates, government, investors, and associated audiences in the healthcare sector to identify and accentuate vital aspects applicable to product strategy, regulatory landscape, technology evolution, and other crucial issues to achieve sustainable success. Our unique approach to gathering market intelligence equips you in devising innovation-driven trajectories for your business. Know more about our sector coverage here
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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