Ventilator Market Overview:
Extensive primary and secondary research Ventilator Market has been undertaken by a dedicated research team to conduct a comprehensive study of the worldwide industry’s market. The secondary research was employed to augment existing data, segment the market, evaluate the overall market size, forecast growth rates, and delve deeper into market analysis.
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Ventilator Market Scope:
Maximize, our team, aggregates market information and data from various sources to offer a more realistic regional perspective. The country-level analysis within the study relies on an examination of numerous regional stakeholders, regional tax regulations, consumer behavior patterns, and macroeconomic statistics.
Ventilator Market Drivers:
COPD and asthma are among the most common respiratory diseases globally. According to the WHO, COPD is the third biggest cause of mortality globally, accounting for 3.23 million deaths in 2019. More than 80% of these fatalities happened in low- and middle-income nations. COPD affects an estimated 380 million people globally. Undiagnosed COPD patients are prevalent in China, India, Brazil, and Eastern Europe. COPD costs healthcare systems all across the globe USD 50 billion every year.
Long-term asthma and extended exposure to cigarette smoke, indoor and outdoor air pollution, and occupational gases and dust are all key causes of COPD. COPD is associated with other chronic illnesses such as cardiovascular disease, musculoskeletal disability, and diabetes mellitus. These illnesses may also influence patients’ health and interfere with COPD care.
Ventilator Market Segmentation:
by Mobility
1. Intensive care ventilators
2. Portable/ transportable ventilators
by Type
1. Adult/pediatric ventilators
2. Neonatal/infant ventilators
by Interface
1. Invasive ventilation segment
2. Non-invasive ventilation
by Mode
1. Combined-mode ventilation
2. Volume-mode ventilation
3. Pressure-mode ventilation
4. Other ventilation modes
by End User
1. Hospitals & clinics
2. Home care settings
3. Ambulatory care centers
4. Emergency medical services
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Ventilator Market Key Players: The prominent players include:
1. ResMed (US)
2. Medtronic(US)
3. Bio-Med Devices, Inc.(US)
4. Hill-Rom Holdings, Inc.(US)
5. Vyaire Medical, Inc.(US)
6. Allied Healthcare Products, Inc.(US)
7. Avasarala Technologies Ltd(US)
8. GE Healthcare(US)
9. Fisher & Paykel Healthcare Limited(US)
10. Drägerwerk AG & CO. KGAA (Germany)
11. aXcent Medical GmbH (Germany)
12. HEYER Medical AG(Germany)
13. Metran Co., Ltd.(Japan)
14. Nihon Kohden Corporation (Japan)
15. Asahi Kasei Corporation(Japan)
16. Air Liquide (France)
17. Hamilton Medical (Switzerland)
18. Smiths Group plc.(UK)
19. Shenzhen Mindray Bio-Medical Electronics Co., Ltd.(China)
20. MAGNAMED (Brazil)
21. Airon Corporation(US)
22. TRITON Electronic Systems Ltd.(Russia)
23. Leistung Engineering Pvt. Ltd.(India)
24. Koninklijke Philips N.V.(Netherlands)
25. Getinge AB (Sweden)
Regional Analysis:
The country-level assessment of the Ventilator Market focuses on categories identified as potential areas for high growth, countries holding significant market shares, and those demonstrating high developmental prospects. Regional breakdowns in the Ventilator Market report encompass North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and Other countries.
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COVID-19 Impact Analysis on Ventilator Market: The report also incorporates an analysis of the impact of COVID-19 on the global Ventilator market.
Key Questions Addressed in the Ventilator Market Report:
- Which product segment dominated the Ventilator market share in 2020?
- How is the anticipated competitive landscape of the Ventilator market forecasted for the period 2021-2027?
- What are the primary factors contributing to the growth of the Ventilator market?
- Which region accounted for the largest share in the Ventilator market in 2020?
- What is the projected Compound Annual Growth Rate (CAGR) of the global Ventilator market during the forecast period (2021-2027)?
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