The global manual resuscitators market offers life-saving products and advantages in emergency care situations. Manual resuscitators, also known as bag-valve masks or manual ventilators, are hand-powered devices that deliver air to a patient who is not breathing properly or at all. They are easy to use and provide an effective means of ventilation for patients of all ages during cardiopulmonary resuscitation or anesthesia.
The Global Manual Resuscitators Market Share 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 are 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 growing prevalence of chronic diseases such as cardiac issues, lung diseases, and neurological disorders has increased the need for emergency care equipment significantly. This rising disease burden is expected to drive the demand for manual resuscitators over the forecast period.
The growing demand in the market can be attributed to factors such as increasing cases of respiratory diseases across the globe. Chronic obstructive pulmonary disease (COPD) and asthma are becoming more common due to rising pollution levels and changing lifestyle. In emergency situations, manual resuscitators prove effective in providing ventilation support to patients suffering from acute exacerbations of such conditions. Additionally, the growing geriatric population worldwide is also boosting the manual resuscitators market size. Older adults are more vulnerable to chronic illnesses and often require resuscitation in case of cardiac arrest or respiratory failure.
The manual resuscitators market is also expanding globally with increasing investment in healthcare infrastructure across developing regions. Countries in Asia Pacific and Latin America are witnessing rising disposable incomes as well as growing awareness about emergency medical equipment. This has encouraged global players to expand their presence in emerging markets through strategic collaborations or by setting up local manufacturing units. International organizations are also playing a role by donating manual resuscitators and other critical devices to underdeveloped areas.
One of the key trends in the global manual resuscitators market is the growing demand for self-inflating resuscitators. These devices offer greater portability and enable single-handed operation during emergency response. They work without the need for an external gas supply or manual pumping. Self-inflating resuscitators are most suitable for use by first responders or in pre-hospital settings. Many leading market participants have introduced innovative product variants integrated with additional features like PEEP valves, bacteria filters, and oxygen reservoirs.
Porter’s Analysis
Threat of new entrants: Low barriers to entry as resuscitation devices manufacturing technology is well-established. However, presence of global key players makes market penetration difficult for new entrants.
Bargaining power of buyers: Buyers have high bargaining power given presence of multiple vendors. However, demand for resuscitation devices is inelastic in nature which offsets buyer power to some extent.
Bargaining power of suppliers: Suppliers have moderate bargaining power due to availability of alternatives. Suppliers may face risk if they try to increase prices in an inelastic market.
Threat of new substitutes: Low threat as resuscitation devices have no close substitutes. Alternate emergency respiratory support methods are still evolving.
Competitive rivalry: Highly competitive due global presence of major players and availability of generic devices. Players differentiate through technological innovation and service/support quality.
Geographical Regions
North America dominates the global manual resuscitators market in terms of value owing to presence of advanced healthcare infrastructure and growing prevalence of lifestyle diseases.
Asia Pacific is expected to be the fastest growing market during the forecast period attributed to improving access to healthcare facilities coupled with rising medical tourism in countries such as India and China. Growing population and healthcare investments also support regional market growth.
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1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it