July 26, 2024
Manual Resuscitators Market

Global Manual Resuscitators Market Estimated to Witness High Growth Owing to Rising Prevalence of Preterm Births

The global manual resuscitators market is primarily driven by increasing cases of preterm births and respiratory emergencies across the globe. Manual resuscitators, also known as bag-valve masks or bag masks, are hand-operated devices used to provide positive pressure ventilation to patients who are not breathing or not breathing adequately. They allow emergency medical personnel as well as healthcare professionals to manually ventilate patients, newborns, or any person in respiratory distress or respiratory arrest. Manual resuscitators typically consist of a mask that fits over the patient’s nose and mouth, an oxygen reservoir bag for holding oxygen, and a one-way valve to deliver breaths. They provide a non-invasive method for ventilation and are preferred over endotracheal intubation for newborns and pediatric patients. The increasing prevalence of preterm births and neonatal disorders globally has led to high demand for manual resuscitators.

The Global manual resuscitators market is estimated to be valued at US$ 540.7 Mn in 2024 and is expected to exhibit a CAGR of 5.6% over the forecast period 2024 To 2031.

Key Takeaways

Key players operating in the global Manual Resuscitators Market Trends include WEINMANN Emergency Medical Technology GmbH + Co. KG, Laerdal Medical, Ambu A/S, Medline Industries, LP, Hopkins Medical Products, ResMed, Inc., HUM Gesellschaft für Homecare und Medizintechnik mbH, PERSYS MEDICAL, and CareFusion. The companies are focusing on new product launches and expansion strategies to strengthen their market position.

The growing incidence of respiratory disorders due to pollution, rising preventive healthcare adoption, and increasing investment in emergency medical equipment provide significant growth opportunities in the market.

The increasing focus on improving access to healthcare along with growing per capita incomes in developing regions such as Asia Pacific and Latin America is expected to drive the adoption of manual resuscitators, thereby fueling market growth in these regions over the forecast period.

Market Drivers

The rising prevalence of preterm births is a major driver contributing to the growth of the manual resuscitators market. According to the World Health Organization (WHO), an estimated 15 million babies are born preterm annually, accounting for more than 1 in 10 of all births worldwide. Preterm babies frequently require resuscitation and manual ventilation support owing to underdeveloped lungs. This has heightened the demand for manual resuscitators in neonatology. Moreover, countries with high premature birth rates such as the U.S., Brazil, and India represent highly lucrative markets for manual resuscitators.

PEST Analysis

Political: Regulations in place for certifications and quality standards for manual resuscitators ensure safe products in the market.

Economic: Rising healthcare spending in developing nations and demand for emergency care equipment during pandemics to drive demand.

Social: Growing awareness about importance of emergency care and willingness to spend on quality lifesaving devices positively impact the industry.

Technological: Advancements in material sciences improve durability and ease-of-use; developments in manikins aid better training. Development of devices integrated with defibrillators.

North America Market Concentration

The North American market accounts for the largest share in terms of value due to well-established healthcare infrastructure and availability of advanced emergency care facilities. The presence of major manufacturers in the US and Canada further aids regional dominance with increased access.

Asia Pacific Fastest Growing Region

The Asia Pacific region is poised to witness the fastest growth during the forecast period owing to rising healthcare investments by governments, growing public and private sector collaboration for strengthening emergency medical services in heavily populated nations such as China and India thereby augmenting the need for emergency resuscitation devices.

*Note:
1. Source: Coherent Market Insights, Public Source, Desk Research
2. We have leveraged AI tools to mine information and compile it.