Factors contributing to high CAGR are utilization of flow-inflating neonatal care and intensive care units. Moreover, technological progressions, product launches and partnerships have further fueled the market growth.
Based on current analysis the global manual resuscitators market was valued at USD 501.8 Million in 2020 and is expected to reach USD 686.1 Million by 2028, at a CAGR 3.9% manual resuscitators are used to standardized the provisions of adequate ventilation and sufficient oxygen concentrations when a ventilator is not available for procedures, namely, CPR, or suctioning. . It is necessary to keep manual resuscitators fully assembled so that it will be ready for immediate use. Big Valve Mast (BMV) is a simple manual resuscitator which is a portable handled ventilator comprising of three components viz. a bag, valve and a mask. Manual resuscitator or BMV is also known as Artificial Manual Breathing Unit (AMBU). There are two types of modality types, namely, disposable manual resuscitator and reusable manual resuscitator. Disposable manual resuscitators are commonly used to ventilate patients during cardiopulmonary resuscitation, suctioning, and intrahospital transport, and their clinical performance is critical. Reusable manual resuscitators can be used severally even after its purposed is served once. Utilization of flow-inflating manual resuscitators in neonatal care or in intensive care units has proved to drive the market for flow-inflating manual resuscitators. On the other hand, the market for self-inflating resuscitator is driven by its utilization in hospital set ups including neonates and pregnancy units.
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Market Overview:
The World Health Organization (WHO) declared the severe acute respiratory syndrome novel coronavirus 2 (SARS-CoV-2) outbreak in Wuhan, China, as a worldwide pandemic in December 2019. SARS-CoV-2 infection is classified as a novel coronavirus disease by the WHO. COVID-19 has infected more than 150 million people worldwide, resulting in more than 3 million deaths. COVID-19 has had a big influence on the healthcare business, causing major disruptions throughout the supply chain, from raw materials to manufacture and delivery. The global demand for medical ventilators has prompted manufacturers to increase demand by up to 40% to 50%. Producers have also collaborated in order to meet rising demand. Governments and a variety of organisations, as well as other industry personnel, are all working hard to address the global problem. Leading personnel are active in research and development operations, strategic alliances and collaborations, and creative product releases in order to meet consumer demands for pharmaceuticals, vaccines, diagnostics, and medical equipment such as ventilators. Without a doubt, this is the first time in contemporary history that the diagnostics industry has been given such prominence. Participants in the healthcare business have abruptly shifted from under the carpet to above the carpet's demand. The world has acknowledged the necessity for early warning systems in the healthcare sector, currently for COVID-19, but this pattern will continue in the future for other sorts of diagnostics.
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Product Type (Revenue in USD Million; 2020–2028)
- Flow-inflating manual resuscitator
- Self-inflating manual resuscitator
- Other
Application (Revenue in USD Million; 2020–2028)
- Chronic obstructive pulmonary disease
- Cardiopulmonary arrest
- Others (Anesthesia, Asthma)
Modality (Revenue in USD Million; 2020–2028)
- Disposable manual resuscitator
- Reusable manual resuscitator
Technology (Revenue in USD Million; 2020–2028)
- Material
- Silicon
- PVC
- Rubber
- Valve
- Pop-off valve
- PEEP valve
- Others (Pneumatic, double wall and mask)
End use (Revenue in USD Million; 2020–2028)
- Hospital
- Intensive care units
- Out-of-hospital care (Ambulances)
- Ambulatory Surgical Centers (ASC)
- Specialized diagnostic centers
- Specialized clinics
Based on Region market is segmented into:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East Africa
Key findings from the report
- Around 4 million babies die in the first four weeks of life, out of which 75% deaths are in the first week. Neonatal intensive care in low and middle-income countries
- North America has dominated the market in earlier years and it will continue to do so in the coming years it has registered market share of 38.6% in the manual resuscitators market.
- Asia-Pacific regional segment of the manual resuscitators market is expected to register itself as highest growing segment during 2019-2028, at a CAGR of 5.2%; owing it to the untapped market potential offered in developing nations such as China India
- Around 400,000 cases were registered of Out -of-Hospital Cardiac Arrest (OHCA) in the U.S and around 200,000 collectively in Europe. This shows that there has been a worldwide rise in the number of the out-of-hospital cardiac arrests all over the world
- India has introduced new development which enlarge infant resuscitator. This innovation is proving to level up on to the existing device. It also provides a feedback about the ventilation technique to the healthcare professionals
- It is estimated that 3.17 million deaths were caused by the disease in 2015 (that is, 5% of all deaths globally in that year). More than 90% of COPD deaths occur in low and middle-income countries
- Self-inflating bags accounted for the largest market share and is forecasted to remain dominant during the forecast period at a market share of 49.5% self-inflating bags are rather user friendly than other resuscitators thus, showcasing high demand in the medical resuscitators market
- The flow-inflating bag or anesthesia bag is projected to witness speedy rise in demand due to the fact that they are predominantly used for neonatal care and intensive units, where 100% oxygen delivery is of extreme important
We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa