Global Ventilators market worth 3,653.7 BIllion USD by end of 2027


Posted June 23, 2020 by ReportCrux

Global Ventilators market estimated to grow from USD 1,820.3 Million in 2019 to reach USD 3,653.7 Million by end of 2027, at a CAGR of around 9.1% from 2020-2027

 
How much is the Ventilators market worth?
According to the report, global demand for ventilators market was valued at approximately USD 1,820.3 Million in 2019 and is expected to generate revenue of around USD 3,653.7 Million by end of 2027, growing at a CAGR of around 9.1% between 2020 and 2027.

What is Ventilators?
A medical ventilator is a system that supports respiration in patients that are seriously ill and those who need emergency treatment. Ventilators have monitoring and warning systems for continuous monitoring of patients, oxygen tanks, backup batteries, and remote control. Growing geriatric population base and rising numbers of preterm births are two of the driving forces in the demand for ventilators. Growing number of respiratory disorders combined with an rising number of hospital ICU beds and lifestyle changes, such as smoking, alcohol intake is further pushing the demand for ventilators.

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What are Ventilators market’s key drivers?
Increasing Number of Preterm Births
Rising Prevalence of Respiratory Diseases
Rapid Growth in the Geriatric Population
Technological Advancements

Segmentation Analysis:
How much market share of Ventilators was held by hospitals segment in 2019?
The hospitals segment held almost 41%, however the home care setting is likely to grow at high CAGR in the forecast period. Strong growth in the home care segment can be attributed to increased per capita income, increased out-of-pocket healthcare spending, increased awareness among patients and doctors of advanced technology, increased acceptance of home healthcare products, and a growing pool of patients with respiratory disorders.

How much market share of Ventilators was held by adult ventilators segment in 2019?
The adult ventilators segment held almost 51% share of the market in 2019. However, the market for neonatal/ infant ventilators is likely to grow at high CAGR in the forecast period due to factors like growth in the geriatric population base and increasing number of preterm births. Based on interface, the market is categorized into non-invasive ventilation, and invasive ventilation. The market for invasive ventilation is likely to grow at high CAGR in the forecast period due to its wide-ranging applications in neurological problems, respiratory illnesses, and sleep disorders.

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Regional Analysis:
Which region is predicted to have the largest share in the Ventilators market?
Based on regions, the market is divided into North America, Middle East & Africa, Asia Pacific, Europe, and Latin America. North America held almost 38% share of the overall market. The rising geriatric population, high respiratory disease prevalence, high smoking prevalence, highly developed healthcare infrastructure, high healthcare spending, and the presence of major market players in the U.S. are key factors driving the North American ventilators market. Asia-Pacific is expected to grow at high CAGR in the forecast period.

Which are the prominent Ventilators Key Players across the globe?
Major players in ventilators market are Zoll Medical (U.S.), Drager (Germany), Medtronic (Ireland), Airon Mindray (China), Fisher & Paykel (New Zealand), Becton, Dickinson and Company (U.S.), Allied Healthcare Products (U.S.), Air Liquide (France), Getinge (Sweden), and Schiller (Switzerland) among others.

Table of Contents (TOC)
1. Global Ventilators Market Introduction
1.1. Definition and Taxonomy
1.2. Research Scope
2. Research Methodology
3. Executive Summary
3.1. Global Market Overview and Key Findings by Major Segments
4. Market Dynamics and Industry Trend Analysis
4.1. Market Dynamics
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. SWOT Analysis
4.3. PESTLE Analysis
4.4. Porter's Five Forces Analysis
4.5. Market Growth Attractiveness Analysis by Key Segments and Region
5. Competitive Landscape and Market Share Analysis by Manufacturers
5.1. Market Competition Scenario
5.2. Manufacturer Market Share
5.3. Manufacturer Intensity Map
5.4. Opportunity Orbits
5.5. Strategic Market Developments
6. Global Ventilators Market Value (USD Million), Share (%), Comparison by Key Segments
7. Global Ventilators Market Value (USD Million), Share (%), Comparison by Region
7.1. North America
7.1.1. North America Regional Market Size and Trend Analysis
7.1.1.1. U.S.
7.1.1.2. Canada
7.1.1.3. Rest of North America
7.2. Europe
7.2.1. Europe Regional Market Size and Trend Analysis
7.2.1.1. Germany
7.2.1.2. UK
7.2.1.3. France
7.2.1.4. Italy
7.2.1.5. Spain
7.2.1.6. Russia
7.2.1.7. Rest of Europe
7.3. Asia Pacific
7.3.1. Asia Pacific Regional Market Size and Trend Analysis
7.3.1.1. China
7.3.1.2. Japan
7.3.1.3. India
7.3.1.4. Australia
7.3.1.5. Southeast Asia
7.3.1.6. Rest of Asia Pacific
7.4. Latin America
7.4.1. Latin America Regional Market Size and Trend Analysis
7.4.1.1. Brazil
7.4.1.2. Mexico
7.4.1.3. Rest of Latin America
7.5. Middle East and Africa
7.5.1. Middle East and Africa Regional Market Size and Trend Analysis
7.5.1.1. Saudi Arabia
7.5.1.2. South Africa
7.5.1.3. UAE
7.5.1.4. Rest of Middle East and Africa
8. Company Profiles of Key Manufacturers
8.1. Company Basic Information
8.2. Company Overview
8.3. Financial Highlights
8.4. Product Portfolio
8.5. Business Strategy
8.6. Recent Market Developments

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Tags global ventilators market , ventilators market growth , ventilators market share
Last Updated June 23, 2020