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Comprehensive Analysis on Neonatal Ventilators Market with Top Players: GE Healthcare, Medtronic, CareFusion, Hamilton Medical

01-08-2019 05:03 PM CET | Health & Medicine

Press release from: Global Market Insights Inc.

Neonatal Ventilators Market

Neonatal Ventilators Market

Neonatal ventilators market is poised to experience lucrative growth over the forecast period. Rising neonate mortality rates along with increasing number of preterm births with respiratory disorders are and will be the major factors driving market growth. Moreover, timely technological advancements in neonatal ventilators to address appalling conditions in neonates with respiratory problems will augment industry growth. furthermore, growing birth rate in developing countries should prove to be high impact rendering factor.

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Invasive market for neonatal ventilators slated to witness slightly higher growth than non-invasive ones, owing to their wide use in newborn intensive care units and high frequency of use. Invasive systems such mechanical ventilators are currently the mainstream interface used in majority of regions worldwide. However, adoption of non- invasive systems is steadily increasing. A considerable proportion of neonates in resource-poor countries who need respiratory support are subjected to CPAP; whereas, in developed regions it holds prominence of over 70% usage among other alternatives.

Among all the end-users, use of neonatal ventilators is highest in hospitals resulting in largest market share. A significant proportion of births happen in hospital settings; thus, the demand for ventilators is highest. During the forecast period, the hospital end-user market segment will continue to dominate, owing to increasing number of hospitals and people’s preference to hospitals over other healthcare settings.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• GE Healthcare
• Medtronic
• CareFusion
• Hamilton Medical
• Smiths Medical
• Breas Medical
• ResMed

Clinics end-user market segment held noticeable industry share in 2016, being highly preferred setting in developed countries. Contribution by clinics, which also includes maternity centers to market growth will be significant over the forecast period. Adoption of advanced airway interfaces in clinics and maternity centers should propel industry growth.

U.S holds largest share of the global market as being the oldest and fasted new technology adopting region. During the forecast years, it should experience modest growth owing to relatively low addressable needs.

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Germany market is poised to expand with increasing application of non-invasive airway interfaces. Early new technology adaptive nature of the country should boost demand for advanced respiratory systems for neonates.

Global Market Insights Inc. is a global market research and management consulting company catering to leading corporations, non-profit organizations, universities and government institutions. Our main goal is to assist and partner organizations to make lasting strategic improvements and realize growth targets. Our industry research reports are designed to provide granular quantitative information, combined with key industry insights, aimed at assisting sustainable organizational development.

Global Market Insights, Inc.
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Selbyville, Delaware 19975 USA
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