World Mechanical Ventilators Market Opportunities 2015-2022
Research Beam
presents a fresh survey on “World Mechanical Ventilators Market - Opportunities
and Forecasts, 2015 - 2022”
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Mechanical ventilation is a lifesaving intervention for
patients with respiratory disorders or even respiratory failure. It is a form
of breathing assistance in which a patient is connected to a ventilator through
an endotracheal tube directly applied to the airway. It is also employed as a
diagnostic tool to measure the static compliance of airway resistance and
irregular functioning respiratory system. Currently, intensive-care and
portable mechanical ventilators are the two most widely used ventilators
available in the market.
The world mechanical ventilators market is estimated to
garner $3.9 billion by 2022, with a CAGR of 5.4% from 2016 to 2022. The
increasing incidence of chronic diseases, such as chronic obstructive pulmonary
disease (COPD), asthma, bronchitis, and other lunch disorders, and increasing
number of accidental emergencies lead to the substantial requirement of
mechanical ventilators. In addition, growing geriatric population prone to
respiratory emergencies is one of the key drivers of the market. In the U.S.,
the critically ill geriatric population accounted for around 52% of all the
intensive care unit (ICU) admissions in 2015, among which, around 80%
admissions were kept on ventilation. Moreover, technological innovation in
respiratory care devices, namely, non-invasive ventilation technology and
portable mechanical ventilators, further supplement the market growth. The
increase in preference of portable and home care ventilations for long-term
ventilated patients is expected to be another major factor influencing the
market growth. On the contrary, the injuries associated with invasive
mechanical ventilation such as pneumonia, lung injury and barotrauma, and high
cost of mechanical ventilators are the prime factors restricting the market
growth.
The mechanical ventilators market is segmented based on
components, type, mode of ventilation, and age group. Based on components the
market is further segmented into devices and services. Based on type, the
market is further segmented into intensive care ventilator and
portable/transport ventilator. Intensive care mechanical ventilators are the
most widely used type of ventilators and hold the dominant share in the
mechanical ventilator market. However, portable/transport mechanical
ventilators segment was reported to be the fastest growing segment owing to
technological innovation and shifting trends to home care ventilation. Based on
the mode of ventilation, the market is segmented into non-invasive and invasive
ventilators. Non-invasive ventilators are specifically designed for critically
ill patients suffering from respiratory failure, congestive cardiac failure,
and newborn infants. The non-invasive ventilators market is expected to grow at
a rapid pace because of patients’ convenience, less side effects along with
faster recovery provided by these ventilators. Based on geography, the market
is categorized into North America, Europe, Asia-Pacific, and LAMEA.
Companies are adopting product launch and expansion as their
key development strategies in this market. For instance, Maquet Medical Systems
USA have launched two new intensive care ventilators, namely, SERVO-U and
SERVO-n in 2016. Mindray Medical International Limited, Becton Dickinson and
Company (CareFusion), Philips Healthcare, Carl Reiner Gmbh, Getinge Group
(Maquet), Draegerwerk AG & Co. KGaA (Drager), General Electric Company (GE
Healthcare), Hamilton Medical AG, Covidien (Medtronic, Inc.), and Smiths Group
Plc (Smiths-Medical) are few of the dominant players in the mechanical
ventilators market.
KEY BENEFITS
This report provides a detailed quantitative analysis of the
current market trends and future estimations from 2015 to 2022, which assists
in identifying the prevailing market opportunities.
An in-depth analysis of various regions is likely to provide
a detailed understanding of the current trends to the stakeholders to formulate
region-specific plans.
Comprehensive analysis of the factors that drive and
restrain the growth of the mechanical ventilators market are provided.
Key regulatory guidelines for the mechanical ventilators
market are critically dealt with according to geography.
A deep dive analysis of various regions provides insights
that would allow companies to strategically plan their business moves.
SWOT analysis enables to study the internal environment of
the leading companies for strategy formulation.
MECHINICAL VENTILATOR
MARKET KEY SEGMENTS:
By components
Devices
Services
By product type:
Intensive-care ventilator
Portable/transport ventilators
By mode of ventilation
Invasive ventilation
Non-invasive ventilation
By age group
Pediatric and neonates
Adult
Geriatric
By geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Others
Asia-Pacific
India
China
Japan
Australia
Others
LAMEA
Latin America
Middle East
Africa
Table of Content:
CHAPTER 1
INTRODUCTION
1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models
CHAPTER 2 EXECUTIVE
SUMMARY
2.1 CXO perspective
2.1 Market beyond what to expect by 2027 ($Million)
2.1.1 Moderate growth scenario
2.1.2 Rapid growth scenario
2.1.3 Diminishing growth scenario
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