CPR Manikin Sales booming.

Global Training Manikins Market to Reach US$124.4 Million by 2015, According to a New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on Training Manikins markets. The global market for Training Manikins is forecast to reach US$124.4 million by the year 2015. Key factors driving market growth include growing demand for infant manikins, CPR training manikins and intubation manikins, and increased demand from developing markets, including Asia-Pacific, and Eastern Europe.

CPR & First Aid Training Manikins are HOT right now - the leading websites selling CPR Manikins and Anatomy Models:
American CPR Training
All reported sales growth of 20%-45% in 2012!

A modest growth potential exists for manikin market in well-developed countries, especially the United States, as hospitals, emergency, and salvage systems in these countries are relatively well equipped. Nonetheless, a reasonable growth potential still exists for first aid products with unique features. Alternatively, in Eastern Europe, Russia, the Far East, and Asia-pacific where the emergency sectors and hospital systems are either in their initial or developing stages, manikin market promises higher growth opportunities. However, during 2008-2009, demand for training manikins in matured as well as developing regions grew moderately, mainly due to the slump in the global economy. With the recovery in the global economic situation, the market is projected to demonstrate noticeable growth in the coming years.
Europe dominates the world training manikins market, as stated by the new market research report on Training Manikins. The United States trails Europe in terms of sales of training manikins. The US and Europe collectively account for a lion’s share of the global training manikins market. Growth-wise, Asia-Pacific is projected to be the fastest growing regional market for training manikins, with a CAGR of about 3.9% over the analysis period. In terms of products, CPR Training Manikins represent the largest product segment, while Infant Manikins is poised to register the fastest compounded annual growth rate of 3.8% over the analysis period. Intubation Manikins and Wound Moulage/Trauma Manikins represent other potential product segments in the global training manikins market.
Worldwide training manikins market is characterized by stiff competition. Majority of leading manufacturers endeavor to develop less bulky and cost-effective manikins, in place of larger ones to remain competitive. Manufacturers are developing advanced manikins for training people in different rescue/treatment procedures. Training manikins with characteristics that replicate human features have been introduced for providing realistic training and education programs for law enforcement agencies, emergency workers, and other individuals involved in providing emergency medical assistance. Advanced manikins are capable of receiving intravenous fluids, as well as bear tracheotomy procedures. These high-tech manikins can also be subjected to resuscitation through automatic external defibrillator. In the event of incorrect emergency procedure being followed, the manikins respond in the way a human being would react. However, such manikins that simulate human emotions are highly priced. By using such realistic manikins, people gain vital experience in dealing with real-life emergency situations.
Major players profiled in the report include Ambu Inc, Gaumard Scientific Company Inc., Laerdal Medical A/S, Laerdal Medical Corporation, Lifesaving Resources Inc., Medical Education Technologies Inc., Simulaids Inc., and The Aristotle Corp.
The research report titled “Training Manikins: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of the training manikins markets, impact of recession on the markets, current market trends, key growth drivers, training issues, research aspects, end-user perspective, recent product introductions, recent industry activity, and profiles of major/niche global as well as regional market participants. The report provides annual sales estimates and projections for training manikins market for the years 2007 through 2015 for the following geographic markets - US, Canada, Japan, Europe, Asia-Pacific, and Latin America. Key segments analyzed include CPR Training Manikins, IV Training Manikins, Wound Moulage/Trauma Manikins, Infant Manikins, Intubation Manikins, OB Training Manikins and Manikins for Research. Also, a seven-year (2000-2006) historic analysis is provided for additional perspective.
For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Training_Manikins_Market_Report.asp

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