Global Neonatal Ventilators Market Detail Analysis focusing on Key Players GE healthcare, Philips Respironics, CareFusion, Smith Medical and ResMed
Portable/Transportable ventilators market amounted for USD 114.4 million revenue in the year 2018. Recent technological advancements in neonatal ventilation such as high standard technology coupled with simple and intuitive settings, makes portable ventilator a very easy to use and reliable equipment. Hence, above mentioned factors will drive the demand for the product in the upcoming years.
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Canada neonatal ventilators market will witness a growth at 6.5% during the forecast period. Advanced healthcare settings in Canada facilitates efficient operating of advanced neonatal ventilators; therefore, non-invasive systems are in high demand. With growing popularity of these systems, more and more installations are anticipated to take place during the projection years.
Invasive neonatal ventilators market is forecasted to grow at a lucrative CAGR of 7.0% over the estimation period. Invasive neonatal ventilators are most widely used across geographies; the need of using these systems in specific respiratory conditions fuels market growth of the same. Moreover, availability and affordability of traditional invasive mechanical ventilators have resulted in higher market share than that of invasive systems. However, during the forecast timeframe, with introduction of advanced non-invasive airway interfaces, their adoption is most likely to rise rapidly in developed nations.
Neonatal Ventilators Market will exceed USD 466.1 million by 2025. Growing number of preterm births along with neonates' respiratory malfunctions will boost neonatal ventilator industry growth worldwide. Advents in technologies pertaining to airway interfaces for neonates should further augment industry expansion. Moreover, improving healthcare indicators in developing countries should prove to be high impact rendering factor during coming 5-7 years.
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Ambulatory centers are emerging as one of the preferred healthcare settings for neonatal care in many countries across the globe. Increasing popularity of this setting in developed countries will strongly drive demand of neonatal ventilators. During the forecast period, increasing number of ambulatory centers should attribute to industry growth.
Industry players having a strong foothold include GE healthcare, Philips Respironics, CareFusion, Smith Medical and ResMed. Other notable participants include Breas Medical, MAQUET and Drager, etc. To expand their industry presence, many established firms are entering in sparsely addressed high potential regions. Introduction of devices in emerging economies by these companies enables them to cater to unmet needs and expand revenue sources.
Table of Content:
Chapter 1. Methodology
1.2. Market definition
1.3. Forecast parameters
1.4. Data sources
Chapter 2. Executive Summary
2.1. Neonatal ventilators industry 360 degree synopsis, 2014 - 2025 (USD Million)
Chapter 3. Neonatal Ventilators Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2014 - 2025 (USD Million)
3.3. Industry impact factors
3.4. Growth potential analysis
3.5. Regulatory landscape
3.6. Technology landscape
Chapter 4. Neonatal Ventilators Market, By Product
4.1. Global neonatal ventilators market share by product, 2018 & 2025
4.2. Invasive ventilation
Chapter 5. Neonatal Ventilators Market, By Mobility
5.1. Global neonatal ventilators market share by mobility, 2018 & 2025
5.2. Intensive care ventilators
5.3. Portable/Transportable ventilators
Chapter 6. Neonatal Ventilators Market, By Technology
6.1. Global neonatal ventilators market share by technology, 2018 & 2025
6.2. Mechanical ventilators
6.3. High frequency ventilators
Chapter 7. Neonatal Ventilators Market, By Mode
7.1. Global neonatal ventilators market share by mode, 2018 & 2025
7.2. Pressure mode ventilation
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