Press release
Year 2020 was for Ventilator Manufacturers, Know about year 2021 | Key Players: ResMed, Philips Healthcare, Medtronic, Getinge, Becton, Dickinson and Company, Drager, Nihon Kohden
Mechanical ventilation, forced air, or intermittent forced ventilation are the technical terms for mechanical ventilation in which mechanical means are employed to help replace or aid breathing in specific situations. As a medical terminology, mechanical ventilation is used to refer to any of the following situations: respiratory insufficiency, in particular chronic obstructive pulmonary disease (COPD), sleep apnea, asthma, and carotid artery disease. The global ventilators market is expected to grow at a significant rate due to the increasing prevalence of COVID-19 across the world.The emergence of the COVID-19 pandemic and the growing prevalence of respiratory diseases such as asthma and chronic obstructive pulmonary disease (COPD) are the major factors driving the growth of the global ventilators market. For instance, according to the World Health Organization, COVID-19 cases crossed 77.2 million among which 1.7 million deaths were reported as of 24 December 2020.
Concerns with regard to reimbursements are the major factor restraining the growth of the global ventilators market.
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North America is expected to dominate the global ventilators market due to the significant prevalence of COVID-19 and other respiratory diseases such as chronic obstructive pulmonary disease (COPD) in the region. For instance, as per the World Health Organization’s live updates on the COVID-19 pandemic, as of 24 December 2020, there were over 33.5 million confirmed COVID-19 cases in the United States.
The Asia Pacific is also expected to witness significant growth in the global ventilators market, owing to increasing demand for ventilators for the management of Covid-19. For instance, in April 2020, the government of Haiti requested China medical inputs of US$ 18 million, which included 2.5 million gloves, 300,000 sterilized gowns, 10 biochemistry automatic analyzers, 100 ventilators and accessories, and 1,500 hospital beds, for the treatment of COVID-19.
Key players of the global ventilators market are ResMed, Philips Healthcare, Medtronic, Getinge, Becton, Dickinson and Company, Drager, Nihon Kohden, Hamilton Medical, Fisher & Paykel, GE Healthcare, Air Liquide, Maquet Holding B.V., Allied Healthcare Products, and Teleflex Incorporated.
In April 2020, Philips launched their superior quality ventilators for healthcare professionals, PHILIPS RESPIRONICS E30 VENTILATOR.
In November 2020, Nihon Kohden launched NKV-550 Series Ventilator System.
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The Ventilators Market (2020) research report explores the market in terms of Revenue And Emerging Market Trends and Drivers and includes an up to date analysis and forecasts for various market segments, major players, and all geographical regions till 2027.
The Coronavirus Epidemic (COVID-19) has affected all aspects of life around the world. This has changed some of the market situations. The main purpose of the research report is to provide users with a broad view of the market. Initial and future assessments of rapidly changing market scenarios and their impact are covered in the report. The report will account for COVID 19 as a key market contributor.
Ventilators Market Report Covers Following Questions:
• What are the weaknesses and strengths of the key vendors?
• What are the key outcomes of the five forces analysis of the Global Ventilators market?
• What are the various threats and opportunities faced by the dealers in the Global Ventilators market?
• Who are the Leading key players and what are their key business strategies in the Global Ventilators market?
Global Ventilators Market Report includes Detailed TOC points:
1 Industry Overview
2 Industry Environment (PEST Analysis)
3 Ventilators Market by Type
4 Major Companies List
4.1 ResMed (Company Profile, Sales Data etc.)
4.1.1 ResMed Profile
Table ResMed Overview List
4.1.2 ResMed Products & Services
4.1.3 ResMed Business Operation Conditions
Table Business Operation of ResMed (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
(Continue with Key Players)
5 Market Competition
6 Demand by End Market
7 Region Operation
8 Marketing & Price
9 Research Conclusion
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