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Mechanical Ventilator Market growth, analysis with top market players like Mindray Medical International Limited, and Smiths Group, Plc. The other players in the value chain include Tecme SA, ResMed Corp., Fisher & Paykel Healthcare Limited, Air Liquide M

09-28-2018 07:13 PM CET | Health & Medicine

Press release from: Allied Market Research

Mechanical Ventilator Market growth, analysis with top market

Mechanical Ventilator Market by Product Type, Component, Mode, Age Group, and End User: Global Opportunity Analysis and Industry Forecast, 2017-2025, the global mechanical ventilator market was valued at $2,242 million in 2017, and is projected to reach $3,819 million by 2025, growing at a CAGR of 6.8% from 2018 to 2025. The intensive care unit segment accounted for more than half of the total market share in 2017.

A mechanical ventilator is a machine designed to facilitate breathable air into and out of the lungs, to provide breathing for a patient who is physically unable to breathe or is breathing insufficiently. It comprises a control system, flexible breathing circuit, monitors, and alarms. It is one of the most common medical devices deployed in intensive care units of hospitals. The expanding geriatric population who is prone to respiratory disorders significantly drives the growth of the mechanical ventilator market.

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Based on mode, the market is divided into non-invasive ventilation and invasive ventilation. The non-invasive ventilation segment is expected to grow at the highest rate from 2018 to 2025, attributed to the fact that noninvasive ventilation (NIV) is associated with a lower risk of mortality as compared to invasive mechanical ventilation (IMV).

The Asia-Pacific region is expected to witness the highest growth rate throughout the forecast period, owing to its high population base, high ICU bed admissions, and enhanced government expenditure on healthcare. In addition, heightened incidence of chronic obstructive pulmonary disease (COPD) in the Asia-Pacific region is the key contributor for the market growth in the region.

Key Findings of the Mechanical Ventilator Market:

• The transport/portable/ambulatory segment is expected to register the highest CAGR of 7.2% (in terms of volume) from 2018 to 2025.

• The ambulatory surgical center segment is expected to grow at a significant CAGR of 8.5% (in terms of value) from 2018 to 2025.

• U.S. generated the highest revenue in the global mechanical ventilators market in 2017 accounting for more than four-fifth of the global market in 2017.

• The adult segment dominated the age group category of the mechanical ventilator market in 2017 and is expected to maintain this trend during the forecast period.

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Major companies in the market:

• Becton
• Dickinson and Company (CareFusion/Vyaire Medical Inc.)
• Carl Reiner Gmbh
• Draegerwerk AG & Co. KGaA
• Getinge AB (Maquet Holding B.V. & Co. KG)
• General Electric Company (GE Healthcare)
• Hamilton Medical AG
• Koninklijke Philips N.V.
• Medtronic
• Mindray Medical International Limited
• Smiths Group

Table of content:

Chapter: 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

Chapter: 2: EXECUTIVE SUMMARY

2.1. CXO perspective

Chapter: 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top investment pockets
3.3.1. Top winning strategies

3.4. Market share analysis, 2017
3.5. Porter’s five forces analysis
3.6. Market dynamics

3.6.1. Drivers

3.6.1.1. Growing population of geriatric people who are prone to respiratory disorders
3.6.1.2. High prevalence of chronic respiratory diseases
3.6.1.3. Increasing government expenditures on healthcare

3.6.2. Restraints

3.6.2.1. High cost of mechanical ventilators
3.6.2.2. Rising incidence of ventilator-associated pneumonia

3.6.3. Opportunity

3.6.3.1. Technological innovation, portability, and design

To know more about this report:
https://www.alliedmarketresearch.com/mechanical-ventilators-market

About Us:

Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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