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Neonatal Ventilators Market Trends Analysis to 2024 Profiling Medtronic Plc, GE Healthcare, CareFusion, HAMILTON MEDICAL, Phillips Respironics, Smith Medical & More

04-11-2018 02:05 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: marketstudyreport.com

MarketStudyReport.com Adds New Neonatal Ventilators Market 2017 – 2024 research report providing information and data By Product, By Application, Industry Analysis, Regional Outlook, Growth Potential, Trends, Competitive Market Share & Forecast spreading across 95 Pages with table and figures in it.

Neonatal Ventilators Market Research Report for the period of 2017-2024 that shows the growth of the market is rising at a 6% CAGR to 2024.
Neonatal Ventilator Market is set to exceed USD 430 million by 2024. Rising incidences of preterm births with respiratory disorders and mortality rates primarily drive the demand for various neonatal ventilators worldwide. Technological advancements in ventilators' design and function are resulting in rising adoption rate, especially in developed regions. Moreover, growing birth rate should augment market demand during projection years.

Get sample Copy of this Report: https://www.marketstudyreport.com/request-a-sample/797203/?utm_source=OPR&utm_medium=PSR

High frequency of use and broad application of invasive neonatal ventilators in healthcare settings sets them to witness higher growth than non-invasive ones over the forecast period; moreover, deepening market penetration of the same in developing countries should largely contribute to it's market.
The need to use non-invasive interface for treating preterm birth neonates will prove to be high impact rendering factors for market growth. Use of neonatal ventilators is found to be highest in hospitals amongst all other healthcare facilities offering maternity care. During the forecast timeframe, hospitals will continue to dominate the end-user market segment; factors such as people's preference to hospitals over other healthcare facilities and their large should fuel demand for various neonatal ventilators.

Growing popularity of clinics in developed countries should significantly contribute to demand for ventilators in this setting. Moreover, rapid adoption of advanced airway interfaces will augment market over the projection years. With increase in number of clinics, the demand is anticipated to only increase in near future, especially in industrialized nations.

The U.S. Neonatal ventilator Market is the largest in the world, being the pioneer and early adopter of various airway interface devices. During the forecast period, it will continue to grow with modest but steady growth and dominate the industry worldwide.

Some of the key industry players operating in global neonatal ventilator market are Medtronic Plc, GE Healthcare, CareFusion, HAMILTON MEDICAL, Phillips Respironics, Smith Medical, Breas Medical, Drager Medical, ResMed and MAQUET.

For More Details of this Report: https://factsweek.com/author/ashwin/

Related Report:

United States Neonatal Ventilators Market Report 2018

In this report, the United States Neonatal Ventilators market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.

https://www.marketstudyreport.com/reports/united-states-neonatal-ventilators-market-report-2018/?utm_source=RR-PSR

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