Mechanical Ventilators Market Size and Share 2027: Segmentation, Report and Industry Analysis

According to the latest report by IMARC Group, titled "Mechanical Ventilators Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," The global mechanical ventilators market reached a value of US$ 5.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.5 Billion by 2027, exhibiting a CAGR of 4.61% during 2022-2027.

A mechanical ventilator is an instrument that delivers continuous pressure at a constant level until the patient's inspiratory flow falls below the preset level. A hollow tube or an artificial airway is inserted in the patient's mouth, down to their trachea, to connect the patient to the ventilator. They are mainly available in positive and negative mechanical ventilator variants and are extensively used in neonatal care centers, intensive Care Units (ICUs), and ambulances to assess respiratory system abnormalities and static compliance of airway resistance as a diagnostic tool.  

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Global Mechanical Ventilators Market Trends:

The recent COVID-19 outbreak has significantly surged the number of critical patients requiring intensive care for life support, which represents one of the primary factors bolstering the market growth. Moreover, the escalating prevalence of chronic respiratory diseases, such as chronic obstructive pulmonary disease (COPD), bronchitis, lung cancer, asthma, and lung disorders, is acting as another growth-inducing factor. In addition to this, key market players are introducing portable and non-invasive mechanical ventilators integrated with high-speed signal processing systems to achieve enhanced efficiency, which, in turn, is boosting the market growth. Other factors, such as the burgeoning geriatric population, rapid technological advancements, and increasing healthcare expenditure by governments of various nations, are providing an impetus to the market growth.

Global Mechanical Ventilators Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the mechanical ventilators market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

Allied Healthcare Products
Air Liquide, Asahi Kasei
GE Healthcare Company
Hamilton Medical AG
Maquet GmbH & Co. KG (Gatenge)
Medtronic Plc
Mindray Medical International Ltd.
Philips Healthcare
ResMed
Smiths Group Plc
Vyaire Medical Inc., etc 

Key Market Segmentation:

Breakup by Product Type:

Intensive Care Ventilators
Portable/Ambulatory Ventilators
Others

Breakup by Interface:

Invasive Ventilation
Non-Invasive Ventilation

Breakup by Age Group:

Pediatric
Adult
Geriatric

Breakup by Mode of Ventilation:

Combined Mode of Ventilation
Volume Mode of Ventilation
Pressure Mode of Ventilation
Other Mode of Ventilation

Breakup by End-Use:

Hospitals and Clinics
Home Care
Ambulatory Care Centers
Others

Breakup by Region:

North America
Asia Pacific
Europe
Latin America
Middle East and Africa

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Key highlights of the Report:                                                           

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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