Press release
Acute Care Ventilator Market (Covid-19 Updated) Insights 2020-26 thriving worldwide by major players like Medtronic, Becton, Getinge, Beijing Aeonmed
With the growing competitive work environment and the pressures of the urban lifestyle, there has been an increasing demand for better healthcare services across the globe. More emphasis has been laid on the improvement in the healthcare sector and products pertaining to the segment.The healthcare market research aims at providing a complete account of the aforementioned segment. The health-care industry incorporates several sectors that are dedicated to providing health care services and products. The health-care industry includes health care equipment and services as well as pharmaceuticals, biotechnology and life sciences. Various healthcare services that are growing in importance are, biotechnology, diagnostic substances, drug delivery, drug manufacturers, hospitals, medical equipment and instruments, diagnostic laboratories, nursing homes, providers of health care plans and home health care.The Acute Care Ventilator Market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.
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Acute Care Ventilator Market size is forecast to reach $2.81 billion by 2025, growing at a CAGR of 7.31% during the forecast period 2020-2025.
Top Key Players Included in This Report: Medtronic, Becton, Getinge, Beijing Aeonmed, Drgerwerk, General Electric, Hamilton Medical, Maxtec, SLE, Philips.
Acute care ventilators are used to provide ventilation support to patients who are unable to breathe on their own or who require assistance to maintain adequate ventilation. Increasing pollution induced diseases such as chronic obstructive pulmonary disease (COPD), asthma and increasing surgeries with the growing demand for healthcare therapeutic devices are the major factors driving the growth of the market. Increasing geriatric population and increasing investments in healthcare by government and private organizations rise is set to further enhance the overall market demand of acute care ventilator market during the forecast period 2020-2025.
Global Industry News: Medtronic to increase ventilator production for Covid-19 patients[9 APRIL 2020] :
Medtronic has collaborated with technology partners and governments to drive new ventilator production in support of Covid-19 patients across the world.
By the end of April, the company expects to manufacture more than 400 ventilators a week and over 700 by the end of May. By the end of June, Medtronic's target is 1,000 ventilators a week.Medtronic said that over the next six months the production ramp-up is expected to generate over 25,000 ventilators across all platforms.
Separately, the US Food and Drug Administration (FDA) has granted emergency use authorisation (EUA) to its Puritan Bennett 560 (PB560) ventilator, enabling its use in the country for the Covid-19 patient treatment.The PB560 is a compact, lightweight and portable ventilator that can be used in clinical settings and at home. It is expected to be available in the US in May.
Global Acute Care Ventilator Market Split by Product Type and Applications:
Market Segment by Type, covers:
Mechanical
Electronic
Pneumatic
Segment by Applications, covers:
Weaning Care
Medical Complex Care
Wound Care
Regional Analysis For Acute Care Ventilator Market:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Major highlights of this research report:
o Estimation of Acute Care Ventilator Market values and volumes.
o Acute Care Ventilator Market analysis through industry analysis tools such as SWOT and Porter's five analysis.
o Detailed elaboration on global market value, volume, and penetration.
o Acute Care Ventilator Market growth projections.
o Detailed description on development policies and plans.
o Analytical study on drivers, restraints, opportunities, hindrances, inadequacies, challenges and strengths.
o In-depth analysis of the degree of competition across the globe.
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Acute Care Ventilator Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyse the growth of the key players operating in the market.
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Note: All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations
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