Ventilators Market Trends Forecast Analysis by Development, Emerging Opportunities and Leading Key Players - GE Healthcare Life Sciences‎, Medtronic, Hamilton Medical, VYAIRE MEDICAL INC., Smiths Group plc., VENTS, Bio-Med Devices, Schiller, DEMCON Maca

Increasing incidence & prevalence of pulmonary disorders with changing lifestyles, rising tobacco smokers, and growing pollution level with urbanization; rising geriatric population; and increasing incidence of premature births are majorly driving the global ventilators market. However, complications associated with the use of mechanical ventilators restrict the growth of the market to some extent.

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The Global Ventilators Market is expected to reach USD 1,454.72 million by 2025, from USD 797.68 million in 2017, growing at a CAGR of 7.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Renowned players in the global ventilators market consist of GE Healthcare Life Sciences‎, Medtronic, Hamilton Medical, VYAIRE MEDICAL INC., Smiths Group plc., VENTS, Bio-Med Devices, Schiller, DEMCON Macawi Medical Systems B.V.,  Koninklijke Philips N.V., STERYLAB S.r.l., Sechrist Industries Inc., Flight Medical, Trivitron Healthcare, Triumph Medical Services, United Hayek Industries Inc., Breas Medical Ltd., ZOLL Medical Corporation, VBM Medizintechnik GmbH, Micronel AG, VitalAire Canada, Olympus Corporation, Airon Corporation, O-Two Medical Technologies Inc., among others.

The report further gives an extensive outlook on various segments of the market. The ventilators market studied in this report is majorly segmented by product type, interface, age group, mobility, mode, and end user. The report in detail talks about each of these segment and sub-segment with the specific focus on dynamics, trends impacting the growth of these markets, regional opportunities, key players, technological investments, end user preferences, and future prospects.

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Factors such as increasing number of preterm births, rapid growth in the geriatric population, rising prevalence of respiratory diseases, and rising number of ICU beds are expected to drive the growth of the ventilators market during the forecast period. In addition, the growing demand for home care therapeutics and higher growth in developing countries like China, India, and Brazil are driving the demand for ventilators. However, inappropriate reimbursement scenario, complications associated with the use of ventilators, and resistance from physicians for technology transition are restricting the growth of this market to a certain extent.

The global ventilators market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of ventilators for global, Europe, North America, Asia Pacific and South America.

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