Ventilator Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-1552 | Report Format : | Status : Upcoming |

Abstract

Global Ventilator Market: Overview

Ventilator provides life support to the patients in order to breathe properly or control the breathing function completely which depends upon the need of the patient. It is needed in case of respiratory failure, neurological dysfunction conditions, and cardiac insufficiency. Portable ventilators provide a wide range of applications such as ambulatory care and home care. It is a lifesaving intervention for patients in case of respiratory failure. It supports the patient with breathing assistance where the patient is connected to the ventilator via an endotracheal tube, which is directly applied to the airway. It also works as a diagnostic tool which measures the irregular functioning of the respiratory system and static compliance of the airway resistance. In the healthcare sector, various kinds of positive-pressure and negative-pressure ventilators can be used.

Global Ventilator Market: Growth Factors

The market is driven by the factors such as increasing geriatric population and rising level of air pollution globally. Other factors that are responsible for the market growth includes increasing the prevalence of respiratory diseases, changing lifestyle, rapid urbanization, rising healthcare expenditure, the high occurrence of tobacco smoking, and increasing number of preterm births. The demand for therapeutic devices has increased in the developing countries thus creating countless opportunities for the manufacturers of ventilators. Several market players are focusing on adopting new strategies such as new product innovation and acquiring local and international players in order to achieve the market growth, enhance distribution channels, and expand portfolios. Technological advancement is another key factor that reduces the time spent on mechanical ventilation and helps to prevent lung injuries hence fueling the market growth.

Global Ventilator Market: Segmentation

The global ventilator market is classified based on the end user, product type, mode, interface, and age group. The end user segment includes home care, hospital, and ambulatory care. The hospital is the largest revenue generator among others. On the basis of product type, the market is segmented as a portable ventilator and intensive care ventilator. The portable ventilators witness high growth in the near future. Based on the mode, the market is segregated as volume, combined, pressure, and others. The interface segment includes non-invasive and invasive. Furthermore, the age group segment is fragmented into adult and infant.

Global Ventilator Market: Regional Analysis

Increasing prevalence of the respiratory diseases and the increasing geriatric population in the North America contributed to the largest market share. The US is the major consumer of the ventilator market in North America and is expected to remain the largest market for ventilator devices globally. Increasing number of smokers and rising prevalence of respiratory diseases in the US are some other factors that are responsible for the global ventilator market growth. Asia-Pacific offers lucrative growth potential in the market owing to growing per capita income, rising geriatric population, and increasing investments in the healthcare industry. Other factors such as an expansion of private hospitals in rural areas and rising demand for cutting-edge technologies propels the global ventilator market growth in coming years.

Global Ventilator Market: Competitive Players

The major players that are operating in the global ventilator market are Becton, ResMed, Inc., Medtronic Plc., Hamilton Medical AG, Dickinson and Company, General Electric Company, and Koninklijke Philips N.V.

Global Ventilator Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Vacuum Blood Collection Devices Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2500 | Report Format:

Vacuum Blood Collection Devices Market: Overview The vacuum blood collection device is used for collecting the blood sample directly from the patients vein into a test tube. This device makes use of the vacuum technology. There is no use of the needle stick in the vacuum blood collection device....Read More

Pediatric Measuring Devices Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2499 | Report Format:

Pediatric Measuring Devices Market: Overview For the purpose of diagnosing the infants and the children that are under the age of 18 the pediatric measuring devices are used. In the health-related issues, the pediatric measuring devices are used for the proper diagnosis. The pediatric measuring ...Read More

Veterinary Scales Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2494 | Report Format:

Veterinary Scales Market: Overview The veterinary scale is also termed as a veterinary weighing scale which is a medical device used in the preliminary physical examination of the animals. They are an essential component and are commonly found in every veterinary clinic. In the weighing machine ...Read More

Veterinary Lasers Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2492 | Report Format:

Veterinary Lasers Market: Overview The use of the veterinary lasers is done in the treatment of the pets. In the laser therapy, the use of specific wavelengths of light is made in order to penetrate into the injured cells which stimulate the recovery of the cells. With the help of the laser ther...Read More

Head Band Ophthalmoscopes Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2485 | Report Format:

Head Band Ophthalmoscopes Market: Overview The optometrist makes use of the head band ophthalmoscopes which are medical devices that help in converging the entrance and the exit of the pupils. The advantages of using the head band ophthalmoscope are that it offers the optimum facility of viewing...Read More

Choose License Type:
Latest Published Reports

View All Published Reports