Industries > Pharma > Global Mechanical Ventilators Market Report 2019-2029

Global Mechanical Ventilators Market Report 2019-2029

Analysis by Product Type (Intensive Care Unit/Critical Care, Transport/Portable/Ambulatory, Neonatal Care), by Component (Devices, Services), by Mode (Invasive Ventilation, Non-invasive ventilation), by End User (Hospital and Clinic, Home Care, Ambulatory Surgical Centers, Others) Company and Country Analysis and Forecasts

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PRODUCT CODE: PHA0474

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Market Definition:
• A mechanical ventilator are machines which enables a patient to breathe (ventilate) during recovering from surgery or critical illness, or unable to breathe. The patient is connected to the ventilator with a hollow tube and uses by the time they can breathe through natural process. The global mechanical ventilator market is expected to grow with a CAGR 7.3% during the forecast period

Market Overview and Trends
• The transport/portable/ambulatory segment is expected to register the highest CAGR during the forecast period. Portability and ease of movement of patients have led to growth of the mechanical ventilators market. Incorporation of portability in ventilators installed in critical care units has also led to benefit clinicians as bringing more flexibility in treatment, according to the changes in patient conditions and cost saving, by moving patients to low-cost care settings.
• Presently there has been an increase in number of geriatric populations, out of which more than 70% population suffers from respirator disease or problems, which is an important key driver for the global mechanical ventilators market. Geriatric patients require long-term ventilation for the treatment of chronic respiratory diseases which increase due to which there has been a high demand of mechanical ventilators. Moreover, rising prevalence of COPD and technological innovations in the field of positive pressure airway devices are also plays a vital role for driving the global mechanical ventilators market.
• The increasing accidents and lung disorders are also promoting the growth of the market

Market Dynamics:

Factors Influencing the Market Growth:
• Growing geriatric population are prone to respiratory disorders
• Increasing prevalence of chronic respiratory diseases
• Increasing government spending on healthcare

Factors Restraining the Market Growth:
• High cost for mechanical ventilators
• Rising incidence of ventilator-associated pneumonia

Market Segmentation 2019-2029:

Component
• Devices Market, 2019-2029
• Services Market, 2019-2029

Product Type
• Intensive Care Unit/Critical Care Market, 2019-2029
• Transport/Portable/Ambulatory Market, 2019-2029
• Neonatal Care Market, 2019-2029
• Temporomandibular Joint Replacement System Market, 2019-2029
• Thoracic Fixation System Market, 2019-2029
• Bone Graft Substitute System Market, 2019-2029

Mode
• Invasive Ventilation Market, 2019-2029
• Non-invasive ventilation Market, 2019-2029
• Plastic Surgery Market, 2019-2029

End User
• Hospital and clinic Market, 2019-2029
• Home Care Market, 2019-2029
• Ambulatory Surgical Centers Market, 2019-2029
• Others Market, 2019-2029

Geographic breakdown
Focused regional forecasts and analysis explore the future opportunities:
• North America Market, 2019-2029
• Europe Market, 2019-2029
• Asia-Pacific Market, 2019-2029
• Middle East Market, 2019-2029
• Africa Market, 2019-2029

Competitive Analysis:
• The swelling number of intensive care units was observed in China in 2016, which led the government to continue to be a large buyer. Such circumstances positively affect the market growth.
• North America dominates the mechanical ventilator market based on region due to presence of various key players in the market. Moreover, prevalence of respiratory disorders and improved reimbursement policies in the region is improving which also increases the growth of the market. Additionally, the increasing healthcare awareness among the individual in the region also contribute in the growth of the market.
• The increasing investments by the key players for the product development to mark their position in the market which leads to drive the market.

Major Market Players:
Teleflex Inc., Smiths Group Plc., Mindray Medical International Limited, Mindray Medical International Limited (Covidien Ltd.), Koninklijke Philips N.V., Hamilton Medical AG, General Electric Company, Getinge AB (Maquet Holding B.V. & Co. KG), Draegerwerk AG & Co. KGaA, Carl Reiner Gmbh, Becton, Dickinson and Company (CareFusion/Vyaire Medical Inc.), Acoma Medical Industry Co Ltd., Draegerwerk AG & Co. KGaA, Tecme SA, ResMed Corp., Fisher & Paykel Healthcare Limited, Air Liquide Medical Systems, ZOLL Medical Corporation, Allied Healthcare Products, Inc., Schiller Healthcare India Pvt. Ltd. are some of the companies which are , also provided in this report.

Visiongain is a trading partner with the US Federal Government
CCR Ref number: KD4R6

Do you have any custom requirements we can help you with? Any need for specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: sara.peerun@visiongain.com

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