The Infant Resuscitators Market and Its Focus on Product Development
Infant Resuscitators Market worth $410.5 Mn by 2031 – Exclusive Report by InsightAce Analytic Pvt. Ltd.
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the “Global Infant Resuscitators Market – (By Product (Self-inflating Resuscitator, Flow-inflating Resuscitator, T-piece Resuscitator), By Type (Reusable, Disposable), By End-user (Hospitals, Neonatal Care, Others)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031.”
According to the latest research by InsightAce Analytic, the Global Infant Resuscitators Market is valued at US$ 267.8 Mn in 2023, and it is expected to reach US$ 410.5 Mn by 2031, with a CAGR of 5.66% during the forecast period of 2024-2031.
Infant resuscitators are lifesaving pieces of medical equipment that can help a newborn who is having problems breathing or who requires assistance setting up appropriate ventilation. Neonatal intensive care units (NICUs) and delivery rooms are common places to see these devices in action, as they allow for the rapid intervention of distressed neonates.
Baby resuscitators and other specialist medical equipment are in great demand because of the high occurrence of preterm deliveries.
These babies are delivered before the complete gestational period has passed. Modern innovations in newborn resuscitation technology have greatly improved the efficacy and efficiency of these lifesaving tools, marking a new age in medical innovation.
Healthcare assistance and other innovative approaches to neonatal care are easily accessible, driving the infant resuscitators market. New state-of-the-art equipment that monitors a baby in the minutes following birth in the delivery room is expected to introduce opportunities for the infant resuscitators market to grow shortly.
However, the increasing need for alternatives, such as automated resuscitators, is causing competition in the newborn resuscitators market.
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List of Prominent 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
- Me.Ber
- HUM
- International Biomedical
- Vyaire Medical
- Other Market Players
Market Dynamics:
Drivers-
The growing demand for infant resuscitators is fueled by an increase in premature births.
The market is poised to benefit from the rising demand for improved medical assistance brought about by an increase in preterm birth cases in low—and middle-income economies.
The demand for neonatal care is rising in response to an increase in premature babies, driving the market for these products.
The introduction of cutting-edge technology in neonatal care will undoubtedly contribute to the growth of this industry in the years ahead.
Challenges:
The prime challenges are insufficient technological knowledge, a shortage of competent individuals, and a lack of norms and protocol because of lockdowns and isolation in emerging countries, which is predicted to slow the growth of the infant resuscitators market. Concerns include the possibility of lung injury due to pressurization, internal abdominal inflation, and overstretching.
Gastric inflation is associated with a high risk of vomiting, which increases the risk of aspiration of stomach contents into the lungs. Thus, these limitations restrain the market’s growth.
Regional Trends:
The North American infant resuscitators market is anticipated to record a large market share in coming years. It is projected to grow at a high CAGR in the near future because of the improvements in healthcare facilities and newborn care.
Infant resuscitation equipment was in high demand, especially among medical institutions.
The market is expanding because of strict regulatory standards and an emphasis on technical innovation. Besides, Aisa Pacific had a considerable share in the market because of the substantial spending and growing interest in developing infant resuscitators.
The region’s medical device firms are expected to continue leading innovation research and development; therefore, this area will likely remain the regional market leader.
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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.
Segmentation of Infant Resuscitators Market-
By Product-
- Self-inflating Resuscitator
- Flow-inflating Resuscitator
- T-piece Resuscitator
By Type-
By End-user-
- Hospitals
- Neonatal Care
- Others
By Region-
North America-
Europe-
- Germany
- The UK
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific-
- China
- Japan
- India
- South Korea
- South East Asia
- Rest of Asia Pacific
Latin America-
- Brazil
- Argentina
- Rest of Latin America
Middle East & Africa-
- GCC Countries
- South Africa
- Rest of the Middle East and Africa
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