Resuscitation Device Market: Introduction
- Resuscitation device is an equipment used to restore breathing by using positive pressure to inflate the lungs of an unconscious person whose respiration has ceased
- Different types of resuscitation devices and accessories help provide oxygen to a patient
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Key Drivers of Global Resuscitation Device Market
- Initiatives taken by various governments around the world on stringently following the guidelines on resuscitation equipment management at primary care centers is likely to fuel the global market in the next few years
- Rise in prevalence of chronic respiratory diseases such as asthma, bronchitis, chronic obstructive pulmonary disease (COPD), lung cancer, cystic fibrosis, etc., is projected to increase the demand for resuscitation devices, such as airway management devices, in critical conditions.
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- According to the World Health Organization (WHO), cardiovascular disease accounts for nearly 17.9 million deaths every year, which is estimated to be 31% of all global deaths. A rise in the number of people suffering from cardiovascular diseases can be attributed to sedentary lifestyle along with smoking, tobacco & alcohol consumption, and unbalanced diet. Hence, a rise in the prevalence of cardiovascular diseases is projected to fuel the global market during the forecast period.
- According to the World Health Organization (WHO), population aged 60 years and above is projected to rise from 900 million in 2015 to 2 billion in 2050. Increase in geriatric population leads to a surge in incidence of age-related problems such as cardiovascular diseases and respiratory diseases. This is anticipated to boost the global resuscitation device market.
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Restraints of Global Resuscitation Device Market
- Skilled and trained personnel are required for the clinical application of resuscitation devices, which is a major restraint of the global market
- Numerous small hospitals, clinics, and other medical centers do not invest in resuscitation devices owing to high cost associated with the equipment
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North America to Lead Global Resuscitation Device Market
- In terms of region, the global resuscitation device market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- North America dominated the global resuscitation device market in 2019, and the trend is projected to continue during the forecast period. Increase in geriatric population, presence of major medical device companies, and increase in research & development leading to product innovations are major factors driving the resuscitation device market in the region.
- Europe followed North America in terms of share of the global resuscitation device market in 2019 due government initiatives for spreading awareness about cardiovascular diseases (CVD). Prevalence of CVD is anticipated to rise due to an increase in the geriatric population.
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- The market in Asia Pacific is expected to expand at a rapid pace during the forecast period due to a rise in the prevalence of chronic diseases, cardiovascular diseases, and respiratory diseases
- Middle East & Africa and Latin America are likely to witness an increase in the demand for resuscitation devices owing to advancing healthcare infrastructure in these regions, and a rise in the number of government initiatives in the healthcare sector in these regions during the forecast period
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Resuscitation Device Market: IntroductionResuscitation device is an equipment used to restore breathing by using positive pressure to inflate the lungs of an unconscious person whose respiration has ceasedDifferent types of resuscitation devices and accessories help provide oxygen to a patientRequest Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=80357 Key Drivers of Global Resuscitation Device MarketInitiatives taken by various governments around the world on stringently following the guidelines on resuscitation equipment management at primary care centers is likely to fuel the global market in the next few yearsRise in prevalence of chronic respiratory diseases such as asthma, bronchitis, chronic obstructive pulmonary disease (COPD), lung cancer, cystic fibrosis, etc., is projected to increase the demand for resuscitation devices, such as airway management devices, in critical conditions.According to the World Health Organization (WHO), cardiovascular disease accounts for nearly 17.9 million deaths every year, which is estimated to be 31% of all global deaths.
A rise in the number of people suffering from cardiovascular diseases can be attributed to sedentary lifestyle along with smoking, tobacco & alcohol consumption, and unbalanced diet.
Hence, a rise in the prevalence of cardiovascular diseases is projected to fuel the global market during the forecast period.According to the World Health Organization (WHO), population aged 60 years and above is projected to rise from 900 million in 2015 to 2 billion in 2050.
Increase in geriatric population leads to a surge in incidence of age-related problems such as cardiovascular diseases and respiratory diseases.
This is anticipated to boost the global resuscitation device market.Request COVID Analysis on Resuscitation Device Market –https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19_id=80357Restraints of Global Resuscitation Device MarketSkilled and trained personnel are required for the clinical application of resuscitation devices, which is a major restraint of the global marketNumerous small hospitals, clinics, and other medical centers do not invest in resuscitation devices owing to high cost associated with the equipmentNorth America to Lead Global Resuscitation Device MarketIn terms of region, the global resuscitation device market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & AfricaNorth America dominated the global resuscitation device market in 2019, and the trend is projected to continue during the forecast period.
Increase in geriatric population, presence of major medical device companies, and increase in research & development leading to product innovations are major factors driving the resuscitation device market in the region.Europe followed North America in terms of share of the global resuscitation device market in 2019 due government initiatives for spreading awareness about cardiovascular diseases (CVD).
The presence of few leading players is what makes the Asia Pacific butene-1 market increasingly consolidated and fairly consolidated, notes Transparency Market Research (TMR).
The competitive landscape features a low level of threat from the entry of new players.
Prominent names include ONGC Petro additions Limited, PetroChina Company Limited, China National Petroleum Corporation, China Petrochemical Corporation, and Petrochemical Corporation of Singapore (Private) Limited.The Asia Pacific butene-1 market is projected to expand at a CAGR of during the forecast period of 2016–2026.
This is attributed to the vast uptake of the compound in the production of high density polyethylene (HDPE) and linear low density polyethylene (LLDPE) products in the region.Geography-wise, China has emerged to the fore with its robust supplier base and it held the share of more than 65% in the regional market.
Substantial production capabilities in the country will help it retain its dominance throughout the assessment period.Vast Uptake in Producing Plastic Packaging Materials to Accentuate Regional MarketThe Asia Pacific butene-1 market has witnessed steady expansion over the past few years, riding on the back of the rising demand for plastic packaging materials.
The bold strides being made by the packaging industry in the region in the recent years has fueled the demand for butene-1.
The demand within the global digital health market is slated to rise in the times to follow.
There are no qualms about the importance of recording and tracking medical procedures conducted across the healthcare industry.
The success of the healthcare sector depends upon the coordination of medical and administrative activities.
It is important to use digital technologies in order to restore the integrity of medical and operational activities.
Therefore, the total volume of revenues within the global digital health market is projected to multiply in the years to follow.Request a PDF Sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S_id=12473The global digital health market is expected to grow at a formidable CAGR of 13.40% ovee the period between 2017 and 2025.
The geriatric population is the largest consumer of telemedicine facilities, and this is a key dynamic of market maturity.
Transparent Market Research (TMR) reflects the competitive landscape of the global pharmaceutical chemical spread across the globe.
New strategies are expected to be introduced to penetrate into the market.
Rising population and low mortality rate seems to be the reason for lucrative growth in the healthcare sector.
Swell in the geriatric population calls for increase in healthcare facilities.
Global pharmaceutical chemical market is projected to be flourishing in coming years due to rise in demand for drugs for non-communicable diseases.
However, developments in all the fields of healthcare facilities and rising geriatric population is projected to inflate the global pharmaceutical chemical market.Request for covid19 impact analysis –https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19_id=37685Disease Oriented Treatment to Push GrowthVarious therapy based applications are expected to increase the demand for global pharmaceutical chemical market.
Asphalt Additives Market: Key HighlightsThe global asphalt additives marketwas valued at ~ US$ 3.5 Mn in 2018, and is projected to expand at a CAGR of ~ 6% from 2019 to 2027.
Emerging warm mix asphalt (WMA) technology is anticipated to augment the global asphalt additives market during the forecast period.Asia Pacific was the leading region of the global asphalt additives market in The Asia Pacific asphalt additives market is estimated to continue its dominance in the global asphalt additives market during the forecast period.Key Drivers of the Asphalt Additives MarketThe demand for asphalt in road construction is expected to be driven by increasing environmental funding, legislative pressure to improve infrastructure, and growth in non-building construction activities, particularly in the highway & street segment.The demand for paving asphalt used in highways and streets has been rising, owing to the increase in government funding and growth in highway and street construction activities.
Request a Sample – https://www.transparencymarketresearch.com/sample/sample.php?flag=S_id=3238Shift in Focus Toward Bio-based Additives to Offer Attractive OpportunitiesBio-based additives are defined as additives made from biological sources.
Manufacturers are increasingly using eco-friendly products, owing to the rise in the awareness about the environment among consumers.Availability of Alternatives for Asphalt to Hamper the Asphalt Additives MarketBricks, pavers, cobblestone, concrete, permeable paving, gravel, and cement are some of the substitutes that are being increasingly used in place of bitumen.
Concrete is a highly employed product in the construction and maintenance of roads.The governments of several countries have been preferring the usage of concrete and cement for paving roads since the last few years.
This is expected to hamper the asphalt additives market.Asia Pacific Dominates the Asphalt Additives MarketAsia Pacific is expected to continue being a prominent market in the global asphalt additives market during the forecast period.
