The latest research report by Emergen Research, named ‘Global Mechanical Ventilator Market - Forecast to 2032’, entails a comprehensive review of the global Mechanical Ventilator Market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period. The study also includes significant information pertinent to the Mechanical Ventilator Market industry, particularly the current COVID-19 scenario.
The global mechanical ventilator market size was USD 2.91 Billion in 2022 and is expected to register a revenue CAGR of 4.9% during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of respiratory diseases, rising investments and funding toward production of such devices, and recent advancements in mechanical ventilation technology are some of the major factors driving the market revenue growth.
Mechanical ventilators are available in a variety of configurations, including fixed units for Intensive Care Units (ICUs), mobile units for moving patients between hospitals and within a single facility, components for use at home, invasive units based on endotracheal intubation, and Non-Invasive Ventilation (NIV) units with different kinds of face masks. Some ventilators' advanced ventilation settings even permit medical personnel to administer Cardiopulmonary Resuscitation (CPR) without removing the ventilator from the patient. In addition, these ventilators provide clinicians with more settings, alternatives, and tools to support lung-protective breathing. New ventilators with characteristics such as trans pulmonary pressure monitoring, lung recruitment with tools to calculate the ideal Positive End-Expiratory Pressure (PEEP), Safe Window, Cuff Pressure Management, EtCO2 SPO2 Monitoring, among others, are being introduced by major market firms, which are driving revenue growth of the market. Rising prevalence of respiratory disorders is one of the major factors driving revenue growth of this sector. The prevalence of chronic respiratory disorders has increased by 40% in the last three decades, according to the NCD Alliance. Respiratory infections, such as the COVID-19 pandemic outbreak, are driving up the market need for mechanical ventilation. As of July 26, 2023, World Health Organization (WHO) had received reports of 768,560,727 confirmed cases of COVID-19, including 6,952,522 deaths. According to the World Health Organization of the 5% of COVID-19 patients that require ICU treatment, around 88% have been placed on mechanical ventilation due to severe hypoxemia that escalates to Acute Respiratory Distress Syndrome (ARDS).
Key players in the market Medtronic, Getinge AB., Boston Scientific Corporation, Hamilton Medical, Becton, Dickinson and Company, Koninklijke Philips N.V., GE HEALTHCARE, Drägerwerk AG Co. KGaA, ZOLL Medical Corporation., and Fisher Paykel Healthcare Limited
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Competitive Terrain:
The Global Mechanical Ventilator Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length.
Market Overview:
The report bifurcates the Mechanical Ventilator market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
To learn more details about the Global Mechanical Ventilator Market report, visit @ https://www.emergenresearch.com/industry-report/mechanical-ventilator-market
Our experienced market research team has provided updated information on the ongoing COVID-19 pandemic and its adverse economic impact in the latter segment of the report. The coronavirus outbreak has led to drastic changes in the current Mechanical Ventilator Market business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation.
Segments Covered in this report are:
Product Type Outlook (Revenue, USD Billion; 2019-2032)
- Intensive Care Unit/Critical Care
- Transport/Portable/Ambulatory
- Neonatal Care
Ventilation Mode Outlook (Revenue, USD Billion; 2019-2032)
- Noninvasive
- Invasive
End-Use Outlook (Revenue, USD Billion; 2019-2032)
- Hospitals Clinics
- Home Care Settings
- Ambulatory Surgical Centers
Regional Analysis of the Mechanical Ventilator Market :
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Questions Answered in the Report:
- What is the growth rate of the Mechanical Ventilator Market ? What is the anticipated market valuation of Mechanical Ventilator Market industry by 2032?
- What are the key growth driving and restraining factors of the Mechanical Ventilator Market ?
- Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
- What are the key opportunities and growth prospects of the Mechanical Ventilator Market industry over the forecast period?
- Which region is expected to show significant growth in the coming years?
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TOC of the global Mechanical Ventilator Market report:
Chapter 1, describes the Mechanical Ventilator Market Introduction, market overview, product offerings, growth opportunities, market risks, driving forces, and challenges.
Chapter 2, analyzes the key manufacturers of Mechanical Ventilator Market , along with the sales, revenue, and price of Mechanical Ventilator Market , in the forecast period.
Chapter 3, studies the competitive situation among the major manufacturers and vendors, with sales, revenue, and market share.
Chapter 4, analyzes the global market by regions, with sales, revenue, and market share of Mechanical Ventilator Market, for each region, from 2020 to 2032.
Chapters 5, 6, 7, 8 and 9, analyze the Mechanical Ventilator Market by type, application, regions, and manufacturers, with sales, revenue, and market share by key countries in these regions…Continued
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