Non-invasive Ventilators Market 2020 Precise Outlook - ResMed, Teleflex Incorporated, Airon Corporation, Fisher & Paykel Healthcare, Mindray Medical International Limited, Phoenix Medical Systems

The Global Non-invasive Ventilators Market Research Report 2020-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.

Top Leading Companies of Global Non-invasive Ventilators Market are ResMed Inc., Teleflex Incorporated, Hamilton Bonaduz AG, HEYER Medical AG, Koninklijke Philips N.V., Airon Corporation, Fisher & Paykel Healthcare, Mindray Medical International Limited, Phoenix Medical Systems Pvt. Ltd., Smiths Medical, Inc.and Others.

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Industry News

MAY 5, 2020: ResMed (NYSE:RMD) announced an accelerated launch of cloud-based remote monitoring software for ventilators and Lumis bilevel devices across Europe.

19 May 2020: ResMed (RMD) Launches Digital Tool for Remote Mask Selection. RMD is successfully ramping up its masks and ventilators business amid the coronavirus crisis. The company is even taking the help of digital health tools for seamless allocation of its products during lockdown.

Key Market Trends

COPD and Asthma dominate the Global Non-invasive Ventilators Market

- According to the American Academy of Allergy Asthma and Immunology (AAAI), in 2016, approximately 8.3% of children in the United States were found to have asthma. Boys were to some extent more likely to have asthma than girls at a rate of 9.2% and 7.4%, respectively.
- Asthma incidence among children increased from 8.7% in 2001 to 9.4% in 2010, and then declined to 8.3% in 2016. Although not all changes were statistically noteworthy, a similar outline was observed among the sub-demographic groups, except the Mexican/Mexican-American children, among whom asthma prevalence increased from 5.1% in 2001 to 6.5% in 2016.

North America Dominates the Global Non-invasive Ventilators Market

- AAAI states that in 2012, the median annual medical cost of asthma was USD 983 in the United States. This ranged from an average low of USD 833 in Arizona to an average high of USD 1,121 in Michigan.
- In addition, there were 3,615 asthma-related deaths in 2015. Children under 18 years old made up 219 of those deaths. Asthma prevalence was highest among workers in the healthcare and social assistance industry, with 8.8% of workers stating that they had asthma at the time of the survey. Participants in the educational services industry reported the second highest rate of asthma at 8.2%.
- Hence, the growing prevalence of Asthma is expected to contribute to the significant market share of North America market over the forecast period.

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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 Non-invasive Ventilators 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 analyze the growth of the key players operating in the market.

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