The increasing prevalence of cardiac arrest in recent years has augmented the need for innovative solutions to address shortages in crucial medical equipment. Cardiac arrest is the most noteworthy cause of mortality and morbidities worldwide. An improved understanding of the pathophysiology in post-resuscitation care has been proposed by numerous resuscitation councils throughout the globe.
A new-fangled initiative from a global team of biomedical engineering experts has presented a perfect example. The team developed a technique for resuscitation bags – common pieces of equipment carried by ambulances and paramedics around the world, and normally in strong supply at hospitals to be remodeled as emergency ventilator hardware.
Future Market Insights’ recent forecast report reveals that worldwide organizations are coming together to minimize the chances of cardiac arrest cases and enhance lives. The American Heart Association is working in partnership with the World Health Organization to reduce premature death due to non-communicable diseases.
The goal of the initiative is to decrease the burden of non-communicable diseases by 25% by 2025, which will help to reduce the burden of cardiovascular disease and stroke globally. This is projected to positively influence market growth.
As per the report published by American Heart Association (AHA), about 10% of newly born infants entail assistance for breathing at birth among which a projected 1% require intensive resuscitative steps to ensure the functionality of the heart and respiration. Henceforth, effectual and required resuscitation during birth to these infants could support reduced neonatal deaths and will improve the growth of the market further.
Strict government regulations relating to manual resuscitator use and manufacturing are likely to hinder the growth of the market throughout the forecast period. The market is highly controlled by the World Health Organization. For instance, WHO offers the technical specifications for the manufacturing of manual resuscitators.
Witnessing the immense growth prospects in regions like North America and Europe, several players are utilizing these opportunities by developing advanced respiratory types of equipment. For instance, Mercury Medical provides Airway Management Devices for use in anesthesia, emergency, and critical care.
The company also provides Biomedical equipment rental and repair services. The company's portfolio of respiratory devices includes oxygen sensors, CPAP devices, airway clearance devices, laryngoscopes, reusable and disposable airways, CPR bags, nebulizers, resuscitators, and associated services. The company provides its products and services in the US and worldwide through a network of distributors.
With the increasing application in multi-specialty centers and hospitals, the growth rate for resuscitator bags is likely to upsurge over the years to come, states Future Market Insights report.
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Resuscitation Bags Market Overview
Resuscitation bags are used for delivering oxygen to an unconscious person or the patients that suffer from respiratory distress. Resuscitation bags are often used in the emergency rooms and critical care settings across hospitals and ambulances. The resuscitation process is also referred to as positive pressure ventilation wherein in oxygen is fed into the lungs to inflate them under.
Resuscitation bags market is expected to grow on the backdrop of rising prevalence of respiratory disorders globally which has led to an increased demand for medical devices that aid in proper breathing of the patients. Resuscitation bags are also required by the health training professionals as a safety measure to avoid any problems because of apnea i.e. shortness of breath.
Global Resuscitation Bags Market: Dynamics
Rising incidences of respiratory diseases coupled with the increase in the geriatric population base is fuelling the demand of the global resuscitation bags market. An increasing older population base also leads to an increasing need for proper special care treatments.
This along with increasing healthcare initiatives by the government and improvement in the medical standards & facilities is fuelling the growth of the global resuscitation bags market. Another factor which is expected to fuel the demand of the global resuscitation bags market but has a less impact overall is the growth of the medical facilities in emerging economies.
The growth of the global resuscitation bags market is expected to be hampered by the availability of a large number of alternatives for providing artificial breathing. High taxation on the healthcare devices is also expected to restrain the growth of the global resuscitation bags market.
Use of raw materials that are rendered safe for the environment is expected to open up new avenues of market growth for the global resuscitation bags market. Lack of technical expertise is also restraining the growth of the global resuscitation bags market.
Global Resuscitation Bags Market: Regional Outlook
The global resuscitation bags market is segmented on the basis of the region into North America, Europe, Asia Pacific, Middle East & Africa (mea), and Latin America. Asia Pacific is expected to lead the global resuscitation bags market due to a high prevalence of respiration related disorders. Also, the APAC region is not so technologically advanced due to which resuscitation bags are still preferred in the region.
North America is expected to follow the APAC region. The slow growth of the North America resuscitation bags market can be attributed to the availability of more advanced technological devices for the treatment of breathing problems in patients.
Europe resuscitation bags market is expected to witness moderate growth over the forecast period due to technological and healthcare investments being carried out by the government in the region. Middle East & Africa is expected to witness sluggish growth due to comparatively low GDP and a low percentage of healthcare expenditure.
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Global Resuscitation Bags Market: Key Players
Some of the key players operating in the global resuscitation bags market areTecno-Gaz S.p.A,VBM Medizintechnik GmbH, Medical Dynamics, Inc., Hyupsung Medical Co., Ltd., C. R. Bard, Inc., Medline Industries, Inc., Baxter International Inc., and Fresenius Medical Care AG & Co.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
The report covers exhaustive analysis on
Market Segments
Market Dynamics
Market Size
Current Trends/Issues/Challenges
Competition & Companies involved
Value Chain
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The regional analysis includes
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
The Middle East and Africa (GCC, S. Africa, N. Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Global Resuscitation Bags Market: Segmentation
The global Resuscitation Bags market is segmented on the basis of bag type, material type, end use, and geography.
On the basis of bag type, the global resuscitation bags market is segmented into
Disposable resuscitation bags
Reusable resuscitation bags
On the basis of material type, the global Resuscitation Bags market is segmented into
Silicon
Rubber
PVC
On the basis of end use, the global Resuscitation Bags market is segmented into
