Neonatal Ventilators Market Overview (COVID 19 Impact) 2025 Key Information by Leading Players GE Healthcare, Philips, CareFusion, Smith Medical, ResMed, Breas Medical, Maquet Getinge Group, Drager

Market Study Report adds 2020-2025 Neonatal Ventilators market report that offers an exhaustive coverage of the industry with brief analysis, data charts, figures, statistics that help take business decisions, company profiles and more.

Neonatal Ventilators Market will exceed USD 466.1 million by 2025; as per a new research report. 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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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 system 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.

Volume targeted ventilators market is estimated to grow at 6.7% over the projection period. With the help of advanced ventilation, the professionals can increase the effectiveness in neonatal care leading to increase in demand for volume targeted ventilators and spur the neonatal ventilators market growth in the future.

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.

Currently, lack of required infrastructure to support advanced ventilators in developing and under-developed countries has resulted in inadequate installation of neonatal ventilators in healthcare facilities. During the forecast period, many countries will continue to face this shortcoming; thus, experience negligible market growth. Moreover, high device prices should also restrain market penetration in resource-poor economies.

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Brazil neonatal ventilators market was valued around USD 11.6 million in the year 2018. The region offers lucrative growth opportunity owing to the unmet needs in large addressable geographical market. Country's improving healthcare indicators and citizen's economic status should propel industry growth over the forecast period.

Leading Players in the market:
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.

Related Report:
Surgical Gloves Market Size By Product, By Form, By Usage, By Sterility, By Distribution Channel, By End-use, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026

Based on usage, the market is categorized into reusable gloves and disposable gloves. Among these, the reusable surgical gloves segment is likely to grow at more than 8% over the estimated time period.With respect to sterility, the market is segmented into sterile gloves, and non-sterile gloves. Non-sterile surgical gloves segment was valued at around $190 Million in 2019 and will continue to show appreciative growth.

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