Key Companies Covered in the U.S. Portable Ventilator Market Research are Koninklijke Philips N.V., Drgerwerk AG and CO., Becton, Dickinson And Company, Getinge AB, Resmed Inc., Percussionaire Corp., Smiths Group Plc., Hamilton Medical, Medtronic Plc. and Zoll Corporation and other key market players.
The U.S. portable ventilator market was valued at $106.20 million in 2019 and is estimated to reach $160.98 million by 2027 at a CAGR of 5.3% from 2019 to 2027.
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Portable ventilators are used to provide oxygen to patients while commuting. The factors that drive the market are increasing breathing issues and respiratory problems among the growing population. Additionally, increasing smoking population is another factor for the growth in demand for portable ventilators. The intervention of technology in the healthcare sector has improved the operational conduct and has provided the patients with intensive care solutions.
It is a form of breathing assistance in which a patient is connected to a machine through an endotracheal tube directly applied to the airway or non-invasive (NIV) mask. It is also employed as a diagnostic tool to measure static compliance of airway resistance and irregular functioning of respiratory system.
Increase in incidences of chronic respiratory diseases, such as chronic obstructive pulmonary disease (COPD), asthma, bronchitis, and other lung disorders, and rise in number of accidental emergencies lead to substantial requirement of portable ventilators. In addition, growth in geriatric population prone to respiratory emergencies is one of the key drivers of the market.
Moreover, technological innovations in respiratory care devices, namely, non-invasive ventilation technology and portable ventilators, further supplement the market growth. Rise in preference of portable and home care ventilations for long-term ventilated patients is expected to be another major factor influencing the market growth. On the contrary, injuries associated with invasive mechanical ventilation such as pneumonia, lung injury, and barotrauma and high cost of portable ventilators are the prime factors that restrict the market growth.
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The U.S. portable ventilators market is segmented on the basis of age group, interface, mode, and end user. On the basis of mode, it is classified into pressure-mode ventilation, volume-mode ventilation, and others.
On the basis of interface, the market is divided into invasive ventilation and non-invasive ventilation. Invasive ventilators are specifically designed for critically ill patients suffering from respiratory failure, congestive cardiac failure, and for newborns. The Invasive ventilators segment is expected to grow at a rapid pace as these ventilators are convenient for patients, have less side effects, and faster recovery.
On the basis of age group, the market is categorized into pediatric & neonatal, adult and geriatric. By end user, it is segmented into hospital and clinic, home care, and ambulatory care centers.
KEY BENEFITS FOR STAKEHOLDERS
– This report provides a detailed quantitative analysis of the current market trends and future estimations from 2020 to 2027, which assists in identifying prevailing market opportunities.
– An in-depth analysis of various regions is likely to provide a detailed understanding of the current trends to the stakeholders to formulate region-specific plans.
– Comprehensive analysis of factors that drive and restrain growth of the portable ventilator market are provided.
– A deep dive analysis of U.S. provides insights that would allow companies to strategically plan their business moves.
KEY MARKET SEGMENTS
– By Mode
o Pressure mode ventilation
o Volume mode ventilation
o Others
– By Interface
o Invasive ventilator
o Non-invasive ventilator
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– By Age Group
o Pediatric & neonatal
o Adult
o Geriatric
– By End User
o Hospital and clinic
o Ambulatory care centers
o Home care
Table of Content:
- Market Definition and Overview
- Research Method and Logic
- Market Competition Analysis
- Product and Service Analysis
- Strategies for Company to Deal with the Impact of COVID-19
- Market Segment by Type, Historical Data and Market Forecasts
- Market Segment by Application, Historical Data and Market Forecasts
- Market by by Region, Historical Data and Market Forecasts
- Market Dynamic Analysis and Development Suggestions
Key Benefits for Industry Participants & Stakeholders
- The Market Research allows the investors to understand the market size, dynamics, risks, and opportunities in the industry.
- The market research report provides market sizing and forecast over major currencies – USD, EUR, JPY, GBP, and CHF.
- This Market Research Report helps to forecast the revenues and analyze the market trends based on region, product type, and end-use.
- The Market analysis of the market share of the can prove beneficial in terms of profit to the industry’s participants and stakeholders.
Key Questions Answered in the Market Report
- Which Manufacturing Technology is used for Market? What Developments Are Going on in That Technology?
- Which Trends Are Causing These Developments? Who Are the Global Key Players in This Market?
- What are Their Company Profile, Their Product Information, and Contact Information?
- What Was Global Status of Market? What Was Capacity, Production Value, Cost and PROFIT of Market?
- What Is Current Market Status of market Industry? What’s Market Competition in This Industry, Both Company, and Country Wise?
- What’s Market Analysis of Market by Taking Applications and Types in Consideration?
- What Are Projections of Global Market Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit?
- What Will Be Market Share Report, Supply and Consumption? What about Import and Export?
- What Is Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
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