The advanced life support (als) training manikins global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Advanced Life Support (ALS) Training Manikins Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The advanced life support training (ALS) manikins market size has grown strongly in recent years. It will grow from $1.23 billion in 2023 to $1.32 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to rise in global healthcare spending, rise in the number of healthcare training institutions, rise in the incidence of trauma, growth in public awareness campaigns, and increasing support from government initiatives.
The advanced life support training (ALS) manikins market size is expected to see strong growth in the next few years. It will grow to $1.77 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to rising healthcare expenditure, rising incidences of cardiac emergencies, increasing demand for advanced healthcare services, growing prevalence of chronic and infectious disease, and growing geriatric population. Major trends in the forecast period include technological advancements, integration of virtual reality, portable manikins, cloud-based solution, and 3D printing technology.
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Scope Of Advanced Life Support (ALS) Training Manikins Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Advanced Life Support (ALS) Training Manikins Market Overview
Market Drivers –
The rising incidence of cardiac emergencies is expected to propel the growth of the advanced life support training (ALS) manikins market going forward. Cardiac emergencies refer to urgent medical conditions involving the heart, such as heart attacks, sudden cardiac arrest, or severe arrhythmias, where immediate intervention is critical to prevent death or severe complications. The rise in cardiac emergencies is fueled by factors such as increasing rates of obesity, hypertension, diabetes, and lifestyle-related issues such as poor diet, lack of exercise, and smoking. Advanced life support training manikins are used for cardiac emergencies by simulating realistic scenarios for practicing critical skills such as cardiopulmonary resuscitation (CPR), defibrillation, and advanced cardiac life support techniques, allowing healthcare professionals to develop and refine their responses to cardiac arrest situations. For instance, in May 2023, according to the Centers for Disease Control and Prevention, a US-based government agency, over 695,000 people in the US died from heart disease, accounting for one out of every five deaths. Therefore, the rising incidence of cardiac emergencies drives the growth of the advanced life support training (ALS) manikins market.
Market Trends –
Major companies operating in advanced life support training (ALS) manikins market are focused on developing innovative products, such as high-fidelity patient simulators, to enhance patient care for life-threatening critical and respiratory conditions. High-fidelity patient simulators are advanced training devices that replicate realistic physiological responses and medical conditions, allowing for immersive and accurate practice of clinical skills. For instance, in March 2024, Laerdal Medical AS, a Norway-based healthcare provider, partnered with IngMar Medical, a US-based medical equipment manufacturer, and launched SimMan Critical Care, a high-fidelity simulator designed for comprehensive critical care and respiratory training. This high-fidelity simulation model offers comprehensive capabilities for practicing essential care scenarios, including realistic physiological responses such as breath sounds, heartbeats, and palpable pulses. It has advanced technology for monitoring and managing various emergencies, including cardiac arrest, respiratory distress, and shock. The manikin provides real-time feedback and integrates with simulation software to track performance and facilitate debriefing sessions.
The advanced life support (ALS) training manikins market covered in this report is segmented –
1) By Type: Adult, Child, Infant
2) By Product: Adult Cardiopulmonary Resuscitation Manikins, Full Body Manikins, Choking Manikins, Injection Simulators, Other Products
3) By Application: Hospital And Clinic, Training Center, Other Applications
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Regional Insights –
North America was the largest region in the advanced life support (ALS) training manikins’ market in 2023. The regions covered in the advanced life support (ALS) training manikins market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the advanced life support (ALS) training manikins market are HealthFirst Medical Corporation, CAE Inc., Ambu A/S, Laerdal Medical, Nasco, 3B Scientific, Life-Assist Inc., Gaumard Scientific Company Inc., Mentice AB, Medisol International, Simulaids Ltd., Prestan Products, MedTree, TruCorp Ltd., The Aristotle Corporation, Simulaids Inc., Medvision Inc., AnatomyStuff, Anatomy Warehouse, GTSimulators, Innosonian Inc., Cardionics
Table of Contents
1. Executive Summary
2. Advanced Life Support (ALS) Training Manikins Market Report Structure
3. Advanced Life Support (ALS) Training Manikins Market Trends And Strategies
4. Advanced Life Support (ALS) Training Manikins Market – Macro Economic Scenario
5. Advanced Life Support (ALS) Training Manikins Market Size And Growth
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27. Advanced Life Support (ALS) Training Manikins Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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