At 16.9% CAGR, Asia Pacific Healthcare Manikins Market is Projected to be Worth US$ 1,793.26 Million by 2031, says Business Market Insights

According to Business Market Insights’ research, the Asia Pacific healthcare manikins market was valued at US$ 515.48 million in 2023 and is expected to reach US$ 1,793.26 million by 2031, registering a CAGR of 16.9% from 2023 to 2031. Increasing CPR training and awareness programs and rising number of strategic initiatives are among the critical factors attributed to drive the Asia Pacific healthcare manikins market growth.

One of the most common uses of healthcare manikins is for CPR training. Cardiovascular diseases (CVDs) are the leading cause of mortality and morbidity globally. As per the World Health Organization (WHO), ~17.9 million lives are lost due to CVD every year, i.e., ~32% of all deaths reported globally. The awareness regarding CPR is high in western countries.  A study titled “The Global Survival Rate Among Adult OHCA Patients who Received Cardiopulmonary Resuscitation: A Systematic Review and Meta-Analysis,” published in 2020 calculated the survival rates of OHCA patients who received CPR from an emergency medical service (EMS) or bystander. The study reported a significant increase in the survival rates from the OHCA in the past few years, and the rates are greater among patients who received CPR and were living in western countries. The Ministry of Health and Family Welfare of India also launched a nationwide public awareness campaign on the CPR Awareness Program by the National Board of Examinations in Medical Sciences (NBEMS) in 2023. During this campaign, participants, including healthcare professionals, medical students, and paramedical staff, were given training in a single sitting through an online medium. These initiatives create significant demand for awareness and training of CPR to the public and professionals alike. Thus, the rising awareness and increasing number of training programs organized by government and local bodies benefit the healthcare manikins market.

On the contrary , issues related to realism hampers the growth of Asia Pacific healthcare manikins market.

Based on product, the Asia Pacific healthcare manikins market is segmented into adult CPR manikins, full body manikins, choking manikins, injection simulators, and others. The adult CPR manikins segment held 37.3% market share in 2023, amassing US$ 192.48 million. It is projected to garner US$ 694.06 million by 2031 to register 17.4% CAGR during 2023–2031.

In terms of age group, the Asia Pacific healthcare manikins market is categorized into adult manikins, pediatric manikins, and neonatal manikins. The adult manikins segment held 48.0% share of Asia Pacific healthcare manikins market in 2023, amassing US$ 247.29 million. It is anticipated to garner US$ 894.08 million by 2031 to expand at 17.4% CAGR during 2023–2031.

By application, the Asia Pacific healthcare manikins market is segmented into cardiology, obstetrics & gynecology, critical care, neurology, urology, and others. The cardiology segment held 39.2% share of Asia Pacific healthcare manikins market in 2023, amassing US$ 201.95 million. It is anticipated to garner US$ 715.54 million by 2031 to expand at 17.1% CAGR during 2023–2031.

By end user, the Asia Pacific healthcare manikins market is divided into medical school, hospitals, clinics, and others. The medical school segment held 53.9% share of Asia Pacific healthcare manikins market in 2023, amassing US$ 277.64 million. It is projected to garner US$ 1,007.44 million by 2031 to expand at 17.5% CAGR from 2023 to 2031.

Based on country, the Asia Pacific healthcare manikins market is categorized into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 26.1% share of Asia Pacific healthcare manikins market in 2023. It was assessed at US$ 134.57 million in 2023 and is likely to hit US$ 475.75 million by 2031, registering a CAGR of 17.1% during 2023–2031.

Key players operating in the Asia Pacific healthcare manikins market are 3B Scientific; Ambu AS; CAE Healthcare Inc.; Echo Healthcare; Gaumard Scientific Co Inc; Innosonian Inc.; Laerdal Medical AS; Nasco Healthcare; Practiman; Ruth Lee Ltd; and TruCorp, among others.

• In 2023, TruCorp Introduced the Smart Airway Adult, a training tool for advanced airway management. The Smart Airway Adult is an advanced simulator for airway management training that provides real-time feedback. Connected wirelessly to a custom app, it records and monitors performance data, providing comprehensive feedback.

Contact Us
Phone: +16467917070
Email Id: sales@businessmarketinsights.com