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Automated CPR Devices Market

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Title: Automated CPR Devices Market


1
Global Automated CPR Devices Market Is Estimated
To Witness High Growth Owing To Increasing Demand
for Advanced CPR Technologies Growing Cases of
Cardiac Arrest The global automated CPR devices
market is estimated to be valued at US 127.67
million in 2023 and is expected to exhibit a CAGR
of 11.5 over the forecast period 2023-2030, as
highlighted in a new report published by Coherent
Market Insights. Market Overview The global
automated CPR devices market consists of advanced
technologies and devices used for performing
cardiopulmonary resuscitation (CPR) efficiently
and effectively. These devices are designed to
provide consistent and high-quality chest
compressions to maintain blood flow to vital
organs during cardiac arrest. Automated CPR
devices have gained significant importance in
emergency medical services, hospitals, and
ambulances due to their ability to deliver
standardized compression rates and depths,
reducing human errors. Market Dynamics The
market for automated CPR devices is driven by two
main factors. Firstly, the increasing demand for
advanced CPR technologies to improve survival
rates during cardiac arrest incidents. Automated
CPR devices provide consistent and uninterrupted
chest compressions, which are crucial in
maintaining blood flow and oxygenation to the
brain and other vital organs until advanced
medical interventions can be performed.
Secondly, the growing cases of cardiac arrest
worldwide are fueling the demand for automated
CPR devices. According to the American Heart
Association, approximately 475,000 cardiac
arrests occur in the United States annually, with
a survival rate of less than 12. This alarming
statistic highlights the need for effective and
reliable CPR devices to improve outcomes in
cardiac arrest patients. SWOT Analysis
Strengths 1. Reliable and consistent chest
compressions. 2. Improves survival rates during
cardiac arrest. Weaknesses 1. High initial
costs of automated CPR devices. 2. Limited
availability and access in developing regions.
Opportunities 1. Increasing investments in
healthcare infrastructure. 2. Technological
advancements in CPR devices. Threats 1.
Stringent regulatory guidelines. 2. Competition
from alternative CPR techniques. Key Takeaways
2
- The global automated CPR devices market is
expected to witness high growth, exhibiting a
CAGR of 11.5 over the forecast period, due to
increasing demand for advanced CPR technologies
and the growing number of cardiac arrest cases.
- North America is anticipated to dominate the
market, driven by the presence of well-
established healthcare infrastructure, high
healthcare expenditure, and increasing adoption
of automated CPR devices. - Key players
operating in the global automated CPR devices
market include ZOLL Medical Corporation, Stryker,
Brunswick MedTech, Michigan Instruments, SunLife
Sciences Pvt Ltd., CPR Medical Devices, Inc.,
Medtronic, Faith Group, Nihon Kohden Corporation,
and SCHILLER Americas Inc. In conclusion, the
global automated CPR devices market is poised to
experience significant growth in the coming
years. The demand for advanced CPR technologies
and the increasing cases of cardiac arrest are
driving market growth. With the support of
reliable and consistent chest compressions
provided by automated CPR devices, healthcare
professionals can improve survival rates and
enhance patient outcomes during emergency cardiac
events.
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