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Self-Inflating Bag Market by Product and Geography - Forecast and Analysis 2020-2024

Self-Inflating Bag Market by Product and Geography - Forecast and Analysis 2020-2024

Published: May 2020 120 Pages SKU: IRTNTR43565

The self-inflating bag market size has the potential to grow by USD 71.79 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. This report provides a detailed analysis of the market by product (reusable and disposable) and geography (North America, Europe, Asia, and ROW). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Aero Healthcare AU Pty Ltd., Ambu AS, HUM GmbH, Intersurgical Ltd., Laerdal Medical, Medtronic Plc, PERSYS MEDICAL, Smiths Medical Inc., VYAIRE MEDICAL Inc., and WEINMANN Emergency Medical Technology GmbH + Co. KG.

Market Overview

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Market Competitive Analysis

The market is fragmented. Aero Healthcare AU Pty Ltd., Ambu AS, HUM GmbH, Intersurgical Ltd., Laerdal Medical, Medtronic Plc, PERSYS MEDICAL, Smiths Medical Inc., VYAIRE MEDICAL Inc., and WEINMANN Emergency Medical Technology GmbH + Co. KG are some of the major market participants. Factors such as the rising prevalence of COPD, the rising global awareness about CPR, and the advantages of using self-inflating bags will offer immense growth opportunities. However, the availability of alternatives, operational challenges, and the presence of intense competition among vendors may impede the market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this self-inflating bag market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this self-inflating bag market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Aero Healthcare AU Pty Ltd.
  • Ambu AS
  • HUM GmbH
  • Intersurgical Ltd.
  • Laerdal Medical
  • Medtronic Plc
  • PERSYS MEDICAL
  • Smiths Medical Inc.
  • VYAIRE MEDICAL Inc.
  • WEINMANN Emergency Medical Technology GmbH + Co. KG

Self-Inflating Bag Market: Segmentation by Geography

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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. North America will offer several growth opportunities to market vendors during the forecast period. The rising adoption of 3D printing, advances in bag valve mask device, and increasing adoption of self-inflating bags due to the outbreak of COVID-19 will significantly influence self-inflating bag market's growth in this region.

38% of the market’s growth will originate from North America during the forecast period. The US is the key market for self-inflating bags in North America. This report provides an accurate prediction of the contribution of all segments to the growth of the self-inflating bag market size.

Self-Inflating Bag Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive self-inflating bag market growth during the next five years
  • Precise estimation of the self-inflating bag market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the self-inflating bag industry across North America, Europe, Asia, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of self-inflating bag market vendors

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Research Methodology

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Frequently Asked Questions

Self-Inflating Bag market growth will increase by 71.79 million during 2019-2024.

The Self-Inflating Bag market is expected to grow at a CAGR of 4.59% during 2019-2024.

Self-Inflating Bag market is segmented by Product( Reusable, Disposable) Geographic( North America, Europe, Asia, ROW)

Aero Healthcare AU Pty Ltd., Ambu AS, HUM GmbH, Intersurgical Ltd., Laerdal Medical, Medtronic Plc, PERSYS MEDICAL, Smiths Medical Inc., VYAIRE MEDICAL Inc., WEINMANN Emergency Medical Technology GmbH + Co. KG are a few of the key vendors in the Self-Inflating Bag market.

North America will register the highest growth rate of 37.86% among the other regions. Therefore, the Self-Inflating Bag market in North America is expected to garner significant business opportunities for the vendors during the forecast period.

US, UK, Canada, France, Australia

  • Rising prevalence of COPD is the driving factor this market.

The Self-Inflating Bag market vendors should focus on grabbing business opportunities from the Reusable segment as it accounted for the largest market share in the base year.