Ventilators Market is Likely to Upsurge at USD 2.61 Billion Globally by 2029, Size, Share, Trends, Global Demand, Growth and Opportunity Analysis

Ventilators Market study by Data Bridge Market Research provides details about the market dynamics affecting the Ventilators Market, Market scope, Market segmentation, and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years.

Global Ventilators Market was valued at USD 1.4 billion in 2021 and is expected to reach USD 2.61 billion by 2029, registering a CAGR of 8.1% during the forecast period of 2022-2029. The “intensive care ventilators” accounts for the largest product type segment in the ventilators market within the forecasted period owing to the high adoption and hospitalization rates. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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The ventilator is basically an equipment which is used in intensive care units to help patients breathe when they are unable to do so on their own. Ventilators can be employed on the system either temporarily or permanently (as in long-term care) and are used across utilized in hospital settings, rehabilitation centers and at home. Mechanical ventilation, an endotracheal tube, and a nasogastric drain are the components of a ventilator. Ventilation devices remove carbon dioxide from the patient’s body by supplying oxygen. It is used to keep people alive, but it is not used to treat illnesses or medical disorders. The mechanical ventilation system is used for patients with chronic diseases such as chronic obstructive pulmonary disease (COPD), asthma, brain traumas, and strokes.

Over the years, due to technological breakthroughs such as improved portable ventilators and improvements in the sensor technologies used in ventilators, the ventilators market has grown tremendously. The ventilators market is largely influenced by the surging focus of key players towards technological advances in molecular diagnostics and indulging towards collaboration and partnerships with other organizations. Consequently, the market is being propelled forward with various growth determinants and is projected to show substantial growth over the forecasted period.

Some of the major players operating in the ventilators market are

• Koninklijke Philips N.V. (Netherlands)
• Getinge AB (Sweden)
• ResMed (U.S.)
• Medtronic (Ireland)
• Fisher & Paykel Healthcare Limited (New Zealand)
• Avasarala Technologies Limited (India)
• Allied Healthcare Products, Inc. (U.S.)
• Shenzhen Mindray Bio-Medical Electronics Co., Ltd, (China)
• Drägerwerk AG & CO. KGAA (Germany)
• Nihon Kohden Corporation (Japan)
• Asahi Kasei Corporation (Japan)
• Air Liquide (France)
• Vyaire (U.S.)
• General Electric Company (U.S.)
• Hamilton Medical (Switzerland)
• Smiths Group plc (U.K)
• aXcent Medical (Germany)
• Metran Co., Ltd (Japan)
• Airon Corporation (Florida)
• TRITON Electronic Systems Ltd. (Russia)
• Bio-Med Devices, (U.S.)
• Hill-Rom Holdings, Inc. (U.S.)
• HEYER Medical AG (Germany)

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Global Ventilators Market Scope

The ventilators market is segmented on the basis of product type, modality, type, mode and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

• Intensive Care Ventilators
• Portable Ventilators
• Neonatal Ventilators

On the basis of product type, the ventilators market is segmented into intensive care ventilators, portable ventilators and neonatal ventilators. The intensive care ventilators hold the largest share due to the high adoption and hospitalization rates.

Modality

• Non-Invasive Ventilation
• Invasive Ventilation

On the basis of modality, the ventilators market is segmented into non-invasive ventilation and invasive ventilation.

Type

• Adult Ventilators
• Neonatal Ventilators
• Paediatric Ventilators

On the basis of type, the ventilators market is segmented into adult ventilators, neonatal ventilators and paediatric ventilators.

Mode

• Combined-Mode Ventilation
• Volume-Mode Ventilation
• Pressure-Mode Ventilation
• Other

On the basis of mode, the ventilators market is segmented into combined-mode ventilation, volume-mode ventilation, pressure-mode ventilation and other.

End User

• Hospitals
• Ambulatory Surgery Centres
• Specialty Clinics
• Long Term Care Centres
• Rehabilitation Centres
• Homecare Settings

On the basis of end user, the ventilators market is bifurcated into hospitals, ambulatory surgery centres, specialty clinics, long term care centres, rehabilitation centres and homecare settings.

The report provides insights on the following pointers:

• Market Penetration: Comprehensive information on the product portfolios of the top players in the Ventilators Market.
• Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
• Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
• Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Ventilators Market.

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Ventilators Market Landscape

Part 04: Global Ventilators Market Sizing

Part 05: Global Ventilators Market by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Reasons to Buy:

• Review the scope of the Ventilators Market with recent trends and SWOT analysis.
• Outline of market dynamics coupled with market growth effects in coming years.
• Ventilators Market segmentation analysis includes qualitative and quantitative research, including the impact of economic and non-economic aspects.
• Regional and country level analysis combining Ventilators Market and supply forces that are affecting the growth of the market.
• Market value data (millions of US dollars) and volume (millions of units) for each segment and sub-segment.
• and strategies adopted by the players in the last five years.

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