MARKET OVERVIEW
The portable oxygen resuscitator is a fast, simple, and effective system that resuscitates a non-breathing patient while performing CPR or provides 100% oxygen to a breathing patient requiring minimal inspiratory. The demand valve is designed to rejuvenate a non-breathing patient and offers 100% oxygen to a conscious patient.
MARKET SCOPE
The "Global Portable Oxygen Resuscitator Market Analysis to 2028" is a specialized and in-depth examination of the healthcare industry, with a particular emphasis on global market trend analysis. The purpose of this report is to provide an overview of the portable oxygen resuscitator market, as well as detailed market segmentation based on product type and application. Additionally, the report offers key statistics on the market status of the leading portable oxygen resuscitator market players, as well as key market trends and opportunities.
MARKET SEGMENTATION
By product type, the market is segregated as BVM resuscitators and gas-powered resuscitator.
Based on application, the market is segmented as hospital and clinics.
MARKET DYNAMIC
Drivers-
Portable oxygen resuscitator offers fast, simple, and effective means to ventilate non-breathing patients and offers 100% oxygen to patients suffering from respiratory distress "on-demand."
COVID-19 has accelerated the demand for portable oxygen resuscitators resulting in the overall growth of the market.
Restraints-
High cost associated with portable oxygen resuscitator acts as the most limiting factor resulting in the sluggish growth of the global market.
Unpredicted situations like pandemic/epidemic resulting disruption in the supply of portable oxygen resuscitators harm the growth of the overall market.
REGIONAL FRAMEWORK
The report offers a comprehensive overview of the industry, including both qualitative and quantitative data. It provides a global market overview and forecast based on various segments. It also provides market size and forecast estimates for five major regions, namely North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South and Central America (SACA), from 2019 to 2028. Each region's portable oxygen resuscitator market is further subdivided by respective countries and segments. The report analyses and forecasts 18 countries globally, as well as the current trend and opportunities in the region.
The report analyses market factors affecting both the demand and supply sides, as well as market dynamics affecting the market during the forecast period, such as drivers, restraints, opportunities, and future trends. The report also includes a comprehensive PEST analysis for each of the five regions, namely North America, Europe, APAC, MEA, and South and Central America after assessing the political, economic, social, and technological factors influencing the portable oxygen resuscitator market in these regions.
Impact of COVID-19 on Portable Oxygen Resuscitator Market
The demand for portable oxygen resuscitators accelerated during COVID-19. According to the World Health Organization (WHO) report, more than half a million COVID-19 patients in low-income economies (LMICs) are projected to require oxygen treatment every day. The pandemic has put pressure on the healthcare system, with hospitals in many LMICs running out of oxygen, resulting in high mortality owing to scarcity in oxygen supply. For records, it is estimated that more than half a million people in LMICs required 1.1 million oxygen resuscitators of oxygen per day, with 25 countries reporting surges in demand. But this supply was constrained due to the COVID-19 pandemic.
KEY MARKET PLAYERS
The report covers key developments in the portable oxygen resuscitator market with focus on two main strategies such as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies that includes new product launches, product approvals by the authorized bodies, and others such as patents and events. Inorganic growth strategies activities normally includes strategic acquisitions, and partnership & collaborations between the companies. These activities have paved way for the expansion of business and customer base of market players. The market payers from portable oxygen resuscitator market are anticipated to lucrative growth opportunities in the future with the rising demand for portable oxygen resuscitator in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the portable oxygen resuscitator market. Also, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, and the key development in the past five years.
- VYAIRE
- Smith?s Medical
- Ambu A/S
- Laerdal
- Medline Industries
- Medtronic plc
- Teleflex Incorporated
- Mercury Medical
- WEINMANN Emergency Medical Technology GmbH + Co. KG
- Allied Healthcare Products, Inc.
The Insight Partner?s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.