Infant Resuscitators Market Size is valued at USD 267.8 Mn in 2023 and is predicted to reach USD 410.5 Mn by the year 2031 at a 5.66% CAGR during the forecast period for 2024-2031.
Key Industry Insights & Findings from the Report:
- Increasing awareness about the importance of neonatal resuscitation and the availability of training programs for healthcare professionals are driving market growth.
- Governments and healthcare organizations are prioritizing initiatives to improve perinatal care services and reduce neonatal mortality rates, which is driving market expansion for infant resuscitators.
- North America dominated the market and accounted for a global revenue share in 2023.
- The lack of proper facilities and trained healthcare personnel to administer neonatal resuscitation may hinder market growth for infant resuscitators in these areas.
An infant resuscitator is a crucial tool used to assist breathing in newborns who struggle to breathe on their own immediately after birth. This device ensures the delivery of air with the correct oxygen mix into the baby's lungs, aiding in stabilizing their vital signs. There are different types of resuscitators, such as the Bag-Valve-Mask (BVM) and T-Piece, each designed to offer controlled and safe respiratory support. Additionally, these resuscitators can be hooked up to oxygen supplies to adjust the oxygen levels provided. Monitoring the heart rate and oxygen levels during the process is essential for effective resuscitation. Medical personnel are trained in specific techniques and follow established guidelines to use these devices correctly during neonatal emergencies.
Technological advancements in healthcare have led to numerous helpful tools that help newborns survive the initial days or weeks, increasing the global birth rate. The worldwide infant resuscitators market could see a boost if more parents opt for devices with extra functions like baby monitors, heart rate monitors, and blood oxygen level monitoring. The rising incidence of preterm births and overall increases in the number of births is a major factor propelling the healthcare industry's need for and use of baby resuscitators. Rising birth rates are the primary driver of the global increase in the number of births and the corresponding increase in the demand for interventions in neonatal care. Furthermore, because of the high rate of premature deliveries, wherein babies are born before the full gestational period has elapsed, specialized medical equipment such as infant resuscitators are in high demand.
However, the COVID-19 epidemic greatly affected the newborn resuscitators market. The medical equipment market reported a drop in sales of infant resuscitators during the epidemic. Facilities for non-invasive and non-urgent surgeries delayed treatments.
Competitive Landscape
Some Major Key Players In The Infant Resuscitators Market:
- Ambu A/S
- Flexicare (Group) Limited
- nice Neotech Medical Systems
- SHINMED
- Zeal Medical
- Fisher & Paykel Healthcare
- Laerdal Medical
- Besmed
- Kaycoindia
- Pigeon Medical
- Smiths Medical
- Medtronic
- Mercury Medical
- Weinmann Emergency
- Allied Healthcare Products
- Ber
- HUM
- International Biomedical
- Vyaire Medical
- Other Prominent Players
Market Segmentation:
The infant resuscitators market is segmented based on product, type, and end-user. As per the product, the market is categorised into self-inflating resuscitators, flow-inflating resuscitators, and T-piece resuscitators. By type, the market is segmented into reusable and disposable. By end-user, the market consists of hospitals, neonatal care, and others.
Based On The Product, The Self-Inflating Resuscitator Segment Is Accounted For As A Major Contributor To The Infant Resuscitators Market.
The self-inflating infant resuscitators market is expected to lead with a considerable global market share. The need for self-inflating resuscitators is rising as their significance in life-threatening scenarios becomes more apparent. Furthermore, self-inflating bags may be the best way to commit to newborn therapy.
Hospitals Segment To Witness A Rapid Growth.
The increase in worldwide birth rates and occurrences of premature deliveries are major factors contributing to the demand and use of infant resuscitators in hospitals. New intensive care ventilators are a part of hospitals' development programs, especially in countries like the US, Germany, the UK, China, and India.
In The Region, The North American Infant Resuscitators Market Holds A Significant Revenue Share.
The North American infant resuscitators market is expected to record the remarkable market share in revenue in the near future. This can be attributed to research and development efforts for newborn resuscitators receiving more funding. Revenue for the North American market is expected to soar shortly due to government programs aimed at improving healthcare infrastructure and facilities and people-supportive healthcare services. In addition, Asia Pacific is predicted to grow rapidly in the global infant resuscitators market because large corporations are spending a lot of money on infant resuscitators, which produce good results quickly and with great reliability.
Recent Developments:
- In Oct 2023, Mercury Medical(R) sent Neo-Tee(R) T-Piece Resuscitators as a donation to neonatologists in Africa. Neonatologists for Africa (NFA) was a recently formed non-governmental organization (NGO) with the goal of substantially transforming the approach, equipment, and treatment provided to infants in the first minute of their lives, often known as the Golden Minute, in specific African countries. The objective of the NFA was to substantially decrease the incidence of illness and death within this demographic.
- In oct 2022, Medtronic plc has announced its plan to separate its combined Patient Monitoring and Respiratory Interventions businesses, known as "NewCo," from the company's Medical Surgical Portfolio. The separation will allow for increased investment concentration in the most strategically important parts of the company and will enhance the implementation of its leadership strategy in lucrative medical technology sectors that take advantage of the company as strengths.
Infant Resuscitators Market Report Scope
|
Report Attribute |
Specifications |
|
Market Size Value In 2023 |
USD 267.8 Mn |
|
Revenue Forecast In 2031 |
USD 410.5 Mn |
|
Growth Rate CAGR |
CAGR of 5.66% from 2024 to 2031 |
|
Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2024 to 2031 |
|
Historic Year |
2019 to 2023 |
|
Forecast Year |
2024-2031 |
|
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
|
Segments Covered |
By Product, Type And End-Users |
|
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
|
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; Southeast Asia; South Korea |
|
Competitive Landscape |
Ambu A/S, Flexicare (Group) Limited, nice Neotech Medical Systems, SHINMED, Zeal Medical, Fisher & Paykel Healthcare, Laerdal Medical, Besmed, Kaycoindia, Pigeon Medical, Smiths Medical, Medtronic, Mercury Medical, Weinmann Emergency, Allied Healthcare Products, Me.Ber, HUM, International Biomedical, Vyaire Medical |
|
Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
|
Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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