Ventilators Market Growing to Exhibit a Remarkable CAGR of 8.1% By 2029

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. 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.

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.

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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.

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.

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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)

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.

Ventilators Key Benefits over Global Competitors:

• The report provides a qualitative and quantitative analysis of the Ventilators Market trends, forecasts, and market size to determine new opportunities.
• Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
• Top impacting factors & major investment pockets are highlighted in the research.
• The major countries in each region are analyzed and their revenue contribution is mentioned.
• The market player positioning segment provides an understanding of the current position of the market players active in the Personal Care Ingredients

Table of Contents: Ventilators Market

1 Introduction

2 Market

3 Executive Summary

4 Premium Insight

5 Market Overview

6 Ventilators Market, by Product Type

7 Ventilators Market, by Modality

8 Ventilators Market, by Type

9 Ventilators Market, by Mode

10 Ventilators Market, by End User

12 Ventilators Market, by Geography

12 Ventilators Market, Company Landscape

13 Swot Analysis

14 Company Profiles

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The investment made in the study would provide you access to information such as:

• Ventilators Market [Global – Broken-down into regions]
• Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
• Country wise Market Size Split [of important countries with major market share]
• Market Share and Revenue/Sales by leading players
• Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
• Market Size)
• Market Size by application/industry verticals
• Market Projections/Forecast

Critical Insights Related to the VentilatorsIncluded in the Report:

1. Exclusive graphics and Illustrative Porter’s Five Forces analysis of some of the leading companies in this market
2. Value chain analysis of prominent players in the market
3. Current trends influencing the dynamics of this market across various geographies
4. Recent mergers, acquisitions, collaborations, and partnerships
5. Revenue growth of this industry over the forecast period
6. Marketing strategy study and growth trends
7. Growth-driven factor analysis
8. Emerging recess segments and region-wise market
9. An empirical evaluation of the curve of this market
10. Ancient, Present, and Probable scope of the market from both prospect value and volume

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