PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1534090
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1534090
Global Lifeguard Rescue Equipment Market to Reach US$155.5 Million by 2030
The global market for Lifeguard Rescue Equipment estimated at US$131.2 Million in the year 2023, is expected to reach US$155.5 Million by 2030, growing at a CAGR of 2.5% over the analysis period 2023-2030. Rescue Tubes & Cans, one of the segments analyzed in the report, is expected to record a 3.0% CAGR and reach US$57.3 Million by the end of the analysis period. Growth in the Lifeguard Chairs segment is estimated at 2.0% CAGR over the analysis period.
The U.S. Market is Estimated at US$35.8 Million While China is Forecast to Grow at 5.0% CAGR
The Lifeguard Rescue Equipment market in the U.S. is estimated at US$35.8 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$31.0 Million by the year 2030 trailing a CAGR of 5.0% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 0.6% and 1.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.2% CAGR.
Global Lifeguard Rescue Equipment Market - Key Trends and Drivers Summarized
Lifeguard rescue equipment is essential for ensuring the safety and quick response capabilities of lifeguards in aquatic environments. This equipment is designed to assist in the prevention of drowning, facilitate the rescue of individuals in distress, and provide immediate care until further medical assistance arrives. Key items in lifeguard rescue equipment include rescue tubes, rescue boards, flotation devices, lifebuoys, first aid kits, and personal protective equipment like life jackets and whistles. Each piece of equipment plays a crucial role in enabling lifeguards to perform their duties effectively and efficiently.
The design and functionality of lifeguard rescue equipment have seen significant advancements to enhance their effectiveness and ease of use. Modern rescue tubes and flotation devices are made from high-density foam and durable materials that provide buoyancy and are resistant to wear and tear. Rescue boards are lightweight, stable, and designed for quick maneuverability in the water, allowing lifeguards to reach and transport victims swiftly. Lifebuoys are equipped with reflective materials and quick-release mechanisms for rapid deployment. First aid kits are now more comprehensive, including items specifically tailored for aquatic injuries such as oxygen masks, spinal immobilization devices, and automated external defibrillators (AEDs). Additionally, advancements in communication technology, like waterproof radios and signaling devices, have improved coordination during rescue operations.
The growth in the lifeguard rescue equipment market is driven by several factors, including increasing awareness of water safety, the expansion of recreational water activities, and advancements in rescue technology. Public awareness campaigns and regulatory requirements have heightened the focus on water safety, prompting facilities to invest in high-quality rescue equipment. The rising popularity of water parks, swimming pools, and beach tourism has increased the demand for well-equipped lifeguard stations to ensure visitor safety. Technological advancements, such as the development of more durable and efficient rescue devices and the integration of smart technology for monitoring and communication, are enhancing the effectiveness of lifeguard operations. These factors, coupled with the growing emphasis on safety standards and preventive measures, are propelling the growth of the lifeguard rescue equipment market.
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