Global Manual Resuscitators Market by Type, Modality, Material, Technology, Patient Type, Application, End-use, and Region - Forecast to 2026

DUBLIN, Dec. 31, 2019 /PRNewswire/ -- The "Manual Resuscitators Market Size, Share & Trends Analysis By Type, By Modality, By Material, By Technology, By Patient Type, By Application, By End Use, By Region And Segment Forecasts, 2019 - 2026" report has been added to ResearchAndMarkets.com's offering.

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The global manual resuscitators market size is expected to reach USD 735.8 million by 2026, expanding at a CAGR of 6.8% over the forecast period.

The demand for manual resuscitators/ Bag Valve Mask (BVM) is expected to increase owing to the increasing cases of COPD and the increasing need for neonatal ventilation. Moreover, the increasing obese population is expected to increase the chances of cardiac arrest cases, ultimately driving the demand for artificial ventilation.

The rising mortality due to non-communicable diseases, such as coronary heart disease has created a pressing need to increase awareness about the measures to be taken to help a patient. Germany, UK, and France are undertaking initiatives to create awareness amongst people about CPR and heart problems.

In order to address the growing death rate from cardiac arrest, organizations such as the American Heart Association, Red Cross, Resuscitation Council (UK, Australia, and Europe), also assists the countries to increase the survival rates of sudden cardiac arrest. These activities include providing training to perform artificial ventilation, providing resuscitation kits, and encouraging by standers to help patients in emergency cases.

Further Key Findings from the Study Suggest:

    --  Self-inflating bags accounted for the largest market share in 2018 as
        they have greater usability in emergency situations, where bystander
        cardiopulmonary resuscitation is necessary. Companies are striving to
        launch newer integrated products, which can help in overcoming the
        delayed ventilation issues.
    --  The flow-inflating bag also referred to as anesthesia bag is expected to
        witness rapid rise in demand owing to the fact that they are majorly
        used in intensive units, where 100% oxygen delivery is of utmost
        importance. With the increasing birth rate and the global organizations
        such as the UNICEF's efforts to curb the neonatal deaths at the time of
        birth in low resource nations is further expected to propel the manual
        resuscitators market growth in the coming years.
    --  Hospitals dominated the market in 2018 due to the requirement of
        artificial ventilation in the delivery and neonatal ward. With the
        increasing admission of cardiac arrest patients, the need for
        resuscitators is expected to further increase. Hospitals are expanding
        their facilities to include state-of-the-art facilities to provide
        enhanced ventilation facilities. In June 2014, the Royal Oldham Hospital
        invested USD 6.34 million to improve its emergency care department. The
        re-modeled department included nine bays for resuscitation including a
        segregated room for children.
    --  There has been a worldwide increase in the number of the out-of-hospital
        cardiac arrests all over the world. In the U.S., each year 395,000 cases
        of cardiac arrest occur outside hospital setting and around 200,000
        cardiac arrests occur in hospitals. It has been estimated that cardiac
        arrest is the third leading cause of death in the U.S. behind cancer and
        heart disease. To encourage by standers to take action during the
        emergencies, the government and medical institutions are taking various
        initiatives. The National Academies of Sciences, Engineering, and
        Medicine (U.S.) is conducted a public workshop in July 2016 to improve
        the strategies for surviving cardiac arrest.
    --  North America dominated the market in 2018. Introduction of
        state-of-the-art resuscitation products and training kits to reduce the
        chances of delayed ventilation are the major drivers of the market. For
        instance, the Canadian Resuscitation Outcomes Consortium (CanROC), a
        five year research program to improve survival rates from cardiac
        arrest, received funding of USD 3 million in December 2015 from the
        Heart and Stroke Foundation (HSF) and the Canadian Institutes of Health
        Research (CIHR). The program has now expanded to 10 province of Canada
        including Calgary, Saskatoon, Edmonton, Winnipeg, the Eastern Townships,
        Montreal, Nova Scotia, Prince Edward Island, New Brunswick, and
        Newfoundland.
    --  The Asia Pacific is expected to witness the highest growth during the
        forecast period attributed to the rising incidence rate of heart
        diseases and the huge untapped market. The advancement in the neonatal
        intensive care in low and middle-income countries, such as India, is
        less. Each year, out of 3.0 million neonatal deaths globally, around 1
        million occur in the South-East Asia Region.
    --  New advancements, such as augmented infant resuscitator, have been
        introduced in India. This innovation is an add-on to the existing
        device, which provides a feedback about the ventilation technique to
        healthcare providers.

Some key market participants include:

    --  Weinmann Emergency Medical Technology Gmbh + Co. Kg
    --  Laerdal Medical
    --  Hum Systems Gmbh
    --  Me. Ber. Srl
    --  Ambu A/S
    --  Medline Industries, Inc.
    --  Koninklijke Philips N.V.
    --  Hopkins Medical Products
    --  Drgerwerk Ag & Co. Kgaa
    --  Resmed
    --  Ge Healthcare
    --  Carefusion

For more information about this report visit https://www.researchandmarkets.com/r/p847ct

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