PUNE, India, March 30, 2020 /PRNewswire/ -- Ventilator Market ReportsnReports.com publish a new report titled Global represents the current scenario of the market, and based on in-depth analysis of all the major factors that are expected to influence the demand in the near future, it estimates the state of the Ventilator market by the forecast period.
The Global Ventilator Market Research is a professional and in-depth study on the current state of the industry and provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. Global Ventilator industry spread crosswise over 212 pages, giving examination of 15 noteworthy organizations upheld with tables and figures.
The ventilators market is expected to reach USD 1,261.9million by 2023 from an estimated USD 859.9million in 2018, at a CAGR of 8.0% from 2018 to 2023. Rising prevalence of respiratory diseases, urbanization and growing pollution levels, and high prevalence of tobacco smoking are the major factors driving the growth of the ventilators market. In addition, the growing demand for home care therapeutics and higher growth in developing countries like China, India, and Brazil are driving the demand for ventilators.
#Top organizations profiled in this Ventilator Market are Philips Healthcare (Netherlands), ResMed (US), Medtronic (Ireland), Becton, Dickinson and Company (US), Getinge (Sweden), Dräger (Germany), Smiths Group (UK), Hamilton Medical (Switzerland), GE Healthcare (US), Fisher & Paykel (New Zealand), Air Liquide (France), Zoll Medical (US), Allied Healthcare Products (US), Airon Mindray (China), and Schiller (Switzerland).
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North America held the largest share of the global ventilators market in 2017.On the other hand, the Asia Pacific region is expected to witness the highest CAGR during the forecast period, owing to the rapidly developing healthcare industry in China and India, growth in aging population, rising life expectancy, rising per capita income, increasing investments in the region by key market players, the expansion of private-sector hospitals & ambulatory surgical centers to rural areas, the availability of low-cost labor, and presence of a favorable regulatory environment.
"The portable/transportable ventilators segment is expected to register the highest CAGR during the forecast period."
On the basis of mobility, the global ventilators market is segmented into intensive care ventilators and portable/transportable ventilators. The intensive care ventilators segment is further categorized into high-end ICU ventilators, mid-end ICU ventilators, and basic ICU ventilators. The portable/transportable ventilators segment is expected to grow at the highest CAGR during the forecast period. The growing prevalence of respiratory diseases, increasing preference for portable ventilators in homecare, and growing applications of portable ventilators such as ambulatory services, emergency medical services, and home care are driving the growth of the portable ventilators segment in the market.
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List of Tables
Table 1 Impact Analysis: Market Drivers
Table 2 Impact Analysis: Market Restraints
Table 3 Impact Analysis: Market Opportunities
Table 4 Impact Analysis: Market Challenges
Table 5 Ventilator Market, By Mobility, 2016-2023 (USD Million)
Table 6 Ventilator Market, By Mobility, 2016-2023 (Units)
Table 7 Ventilator Market, By Country, 2016-2023 (USD Million)
Table 8 Ventilator Market, By Region, 2016-2023 (Units)
Table 9 Major Products: ICU Ventilators
Table 10 Intensive Care Ventilator Market, By Type, 2016-2023 (USD Million)
Table 11 Intensive Care Ventilator Market Size, By Country, 2016-2023 (USD Million)
Table 12 Intensive Care Ventilator Market, By Type, 2016-2023 (Units)
Table 13 High-End ICU Ventilator Market, By Country, 2016-2023 (USD Million)
Table 14 Mid-End ICU Ventilator Market, By Country, 2016-2023 (USD Million)
Table 15 Basic ICU Ventilator Market, By Country, 2016-2023 (USD Million)
Table 16 Major Products: Portable/Transportable Ventilators
Table 17 Portable/Transportable Ventilator Market, By Country, 2016-2023 (USD Million)
Table 18 Portable/Transportable Ventilator Market, By Type, 2016-2023 (Units)
Table 19 Ventilator Market, By Interface, 2016–2023 (USD Million)
Table 20 Major Products: Invasive Ventilation
List of Figures
Figure 1 Research Design
Figure 2 Data Triangulation Methodology
Figure 3 Ventilator Market, By Mobility, 2018 vs 2023 (USD Million)
Figure 4 Ventilator Market, By Type, 2018 vs 2023 (USD Million)
Figure 5 Ventilator Market, By Interface, 2018 vs 2023 (USD Million)
Figure 6 Ventilator Market, By Mode, 2018 vs 2023 (USD Million)
Figure 7 Ventilator Market, By End User, 2018 vs 2023 (USD Million)
Figure 8 Geographical Snapshot of the Ventilator Market
Figure 9 Rising Geriatric Population and Growth in the Prevalence of Chronic Respiratory Diseases is Driving Market Growth
Figure 10 Hospitals & Clinics Segment Commanded the Largest Share of the APAC Ventilator Market in 2017
Figure 11 US Accounted for the Largest Share of the Ventilator Market in 2017
Figure 12 APAC to Register High Growth Rate During the Forecast Period
Figure 13 Developing Markets to Register Higher Growth During the Forecast Period
Figure 14 Ventilator Market: Drivers, Restraints, Opportunities, and Challenges
On comparable lines, ReportsnReports.com has another investigation titled "Defibrillators Market by Product (Implantable Cardioverter Defibrillator (Transvenous ICD, Single & Dual Chamber, CRT-D, S-ICD), External (Manual, AED, Wearable)), End User (Hospitals, Pre-hospital, Public Access, Home care) - Global Forecast to 2025" Market Research Report that spreads crosswise over 158 pages and upheld with information tables and figures.
The global defibrillators market is expected to reach USD 11.7billion by 2025 from USD 9.6 billion in 2019,at a CAGR of 3.4%.Factors such as the rising prevalence of target diseases, growing focus on providing public-access defibrillators, and training & awareness programs on defibrillators are expected to propel the growth of this market. However, issues related to the use of implantable and automated external defibrillators and frequent product calls are expected to restrain the growth of the defibrillators market in the forecast period. The defibrillators market has witnessed significant developments in terms of technological advancements and new product developments.
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