Mechanical Ventilators Market is Estimated to Grow at a CAGR of 6.9% within the forecast period of 2023-2030: Cognitive Market Research

Market Overview:
- A mechanical ventilator is an apparatus that supports a patient breathe when they cannot breathe on their own due to critical disease or having surgery The patient is connected to the ventilator with a hollow tube that goes in their mouth and down into their trachea. The two common methods of mechanical ventilation are positive pressure ventilation, and negative pressure ventilation. In positive pressure ventilation the air is forced into the lungs, and in negative pressure ventilation air is sucked into the lungs. Mechanical ventilators are most commonly used to treat respiratory problems, strokes, chronic obstructive pulmonary disease, and other conditions.

Summary:
• The global mechanical ventilators market is estimated to be valued at USD 5,135.4 in 2022 and is expected to exhibit a CAGR of 6.9% during the forecast period.
• North America dominates the global mechanical ventilators market with the largest revenue share.
• High prevalence of chronic respiratory disorders such as such as bronchitis, COPD and others are anticipated to drives the demand for the global market.

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Market Dynamics:
- The high prevalence of chronic respiratory disorders such as bronchitis, COPD, lung cancer, asthma, and others are anticipated to drive the demand for the global market. In addition, the increase in the geriatric population who are prone to respiratory disorders is the major factor that drives the demand for the global market. However, the risks and difficulties associated with these medical devices may hamper the growth of the target market.

Market Segmentation:
• Critical care mechanical ventilators are expected to dominate the global mechanical ventilators market. This is attributed to the high installation and adoption rate in hospitals. Furthermore, the intensive care ventilator segment is anticipated to fuel the demand for the target market during the forecast period. clinical benefits provided by the ventilator in acute respiratory failure, compromised lung functions, or any complications related to breathing.

• The hospital's segment dominates the global market with the highest revenue share, due to growing hospitals costs that permits the acceptance of technologically innovative ventilators.

The Major Players in Mechanical Ventilators Market are:
Draegerwerk, Philips Healthcare, GE Healthcare, Smiths Medical, Becton Dickinson, Fisher and Paykel Healthcare, Getinge Group, Medtronic, Hamilton Medical, ResMed, SIEMENS.

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Regional Analysis:
- North America dominates the global mechanical ventilators market with the largest revenue share, due to the presence of major players in the region in the countries. On the other hand, Asia Pacific is anticipated to grow the target market during the forecast period. This is attributed to increasing chronic respiratory diseases, rising healthcare expenditure, and new product launches.

News:
- January 2022,
OES Medical joined the ABHI UK Pavilion
To launch a new mains-powered ICU ventilator, OES Medical joined the ABHI UK Pavilion at Arab Health which manage the oxygen demand for the patients.

Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Mechanical Ventilators Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Global Mechanical Ventilators Market Overview
• 4.1 Introduction
• 4.2 Global Mechanical Ventilators Market Statistics by Regions (2018-2030)
4.2.1 North America Mechanical Ventilators Status and Prospect (2018-2030)
4.2.2 Europe Mechanical Ventilators Status and Prospect (2018-2030)
4.2.3 Asia Pacific Mechanical Ventilators Status and Prospect (2018-2030)
4.2.4 Latin America Mechanical Ventilators Status and Prospect (2018-2030)
4.2.5 Middle East and Africa Mechanical Ventilators Status and Prospect (2018-2030)
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Mechanical Ventilators Market by Product Segmentation Analysis (2018-2030)
Chapter 9 Global Mechanical Ventilators Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Mechanical Ventilators Market Regional Analysis
Chapter 11 North America Mechanical Ventilators Market Outlook (2018 - 2030)
Chapter 12 Europe Mechanical Ventilators Market Outlook (2018 - 2030)
Chapter 13 Asia Pacific Mechanical Ventilators Market Outlook (2018 - 2030)
Chapter 14 Latin America Mechanical Ventilators Market Outlook (2018 - 2030)
Chapter 15 Middle East and Africa Mechanical Ventilators Market Outlook (2018 - 2030)
Chapter 16 Research Findings

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Related report:
• Anesthesia and Respiratory Devices Market - https://www.cognitivemarketresearch.com/anesthesia-and-respiratory-devices-market-report
• Ventilator Circuit Market - https://www.cognitivemarketresearch.com/ventilator-circuit-market-report
• Breathing Machines Market - https://www.cognitivemarketresearch.com/breathing-machines-market-report

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