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Ventilator Market Research Report by Leading Key Players – ResMed, General Electric, Hamilton Medical AG, Philips, Becton, Dickinson and Company, Medtronic

01-31-2019 04:50 AM CET | Health & Medicine

Press release from: P&S Intelligence - Ventilator Market

Ventilator Market Research Report by Leading Key Players –

The ventilator market is expected to cross $1.0 billion by 2022, growing at a CAGR of 7.7% between 2016-2022.
The market is driven by factors such as high prevalence of respiratory disease, growing geriatric population, high prevalence of smoking, rapid urbanization and increasing pollution level, increasing incidence of preterm births, increasing healthcare expenditure, and changing lifestyle.

Access Detailed Report Summary: https://www.psmarketresearch.com/market-analysis/ventilator-market

Based on product type, the global ventilator market has been segmented into intensive care ventilator and portable ventilator. The intensive care ventilator segment accounted for the major share in the global market in 2015, and portable ventilator is expected to witness the highest growth during 2016-2022.

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Based on interface, the global ventilator market has been segmented into invasive ventilator and non-invasive ventilator. The invasive segment accounted for the major share in the global market in 2015, and the non-invasive segment is expected to witness the highest growth during 2016-2022.

Asia-Pacific to witness the fastest growing region in the ventilator market during 2016-2022. The major reasons for the fastest growth of the market in the region include improving healthcare infrastructure, increasing prevalence of respiratory diseases, increasing incidence of preterm births, and increasing geriatric population. Among the countries of the Asia-Pacific region, the Japanese market for ventilators is expected to grow at a CAGR of 8.2% during the forecast period to reach $96.7 million by 2022.

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Globally, the rate of tobacco usage and tobacco attributed mortality is higher in men than in women. Passive smoking is also one of the causes of respiratory track disturbance. According to WHO, approximately 6 million people die from tobacco use each year, both from direct tobacco use and second-hand smoke. Moreover, annual tobacco related deaths are expected to increase to 7.5 million by 2020.

The demand for ventilator is likely to increase significantly for the treatment of various diseases attributed to increased use of tobacco.
Some of the major players operating in the ventilator market include ResMed Inc, General Electric Company, Hamilton Medical AG, Koninklijke Philips N.V, Becton, Dickinson and Company, and Medtronic plc.

GLOBAL VENTILATOR MARKET SEGMENTATION
By Product Type
• Intensive care ventilator
• Portable ventilator

By Age Group
• Adult/Pediatric
• Neonatal/Infant

By Interface
• Invasive
• Non-invasive

By Mode
• Pressure
• Volume
• Combined
• Others

By End User
• Hospital
• Home care
• Ambulatory care

By Region
• North America
o U.S.
o Canada
o Rest of North America

• Europe
o Germany
o U.K.
o France
o Italy
o Spain
o Rest of Europe

• Asia-Pacific
o Japan
o China
o India
o Rest of Asia-Pacific

• Rest of the World (RoW)

About P&S Intelligence
P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Contact:
P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

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