India Ventilator Market Size Projected To Show Strong Growth | Narang Medical Limited, AVI Healthcare Pvt. Ltd., Skanray Technologies

India ventilator market to grow due to surging number of ICU admissions in the country coupled with launch of new and innovative products by manufacturers

A recent study, conducted by the strategic consulting and market research firm Report Ocean, revealed that the India ventilator market is forecast to grow at a CAGR of 9.1% during the forecast period of 2022-2028 on account of the rising burden of respiratory diseases, which is leading to increasing number of ICU admissions across the country. Chronic respiratory diseases, such as asthma, COPD, chronic bronchitis, etc., are causing respiratory issues among people, making it tough for them to breathe. Therefore, the demand for ventilators in ICU is growing at a rapid pace, propelling the overall market growth. Additionally, manufacturers are expected to increase investments in ventilator production, which is also anticipated to positively influence the market during the forecast period.

Download Free Sample of This Strategic Report: https://reportocean.com/industry-verticals/sample-request?report_id=MR443

Increasing Demand Among Adult/Pediatric Patients is Projected to Drive India Ventilator Market

Based on types, the India ventilator market is segmented into adult/pediatric ventilators and infant/neonatal ventilators. The adult/pediatric segment accounts for the largest market share because of the increasing geriatric population and rising prevalence of chronic respiratory diseases. According to an estimate by The Lancet, 37.9 million people in India have asthma and frequently experience respiratory issues. However, the infant/neonatal ventilators segment is projected to witness a high growth rate during the forecast period due to the rising cases of preterm births in India.

Rising Hospital Investments in Ventilators Is Anticipated to Boost the Market Growth

Based on mode, the India ventilator market is segmented into combined-mode ventilation, volume-mode ventilation, pressure-mode ventilation, and other modes. Among these, the volume/assist-control mode ventilation segment holds the largest market share. This mode is prominently used in intensive care units for patients experiencing respiratory issues and requiring external support. Volume-mode ventilation reduces work of breathing and improves comfort for patients with high and variable respiratory demands. Additionally, the surge in the prevalence of respiratory issues, especially after the COVID-19 pandemic, is anticipated to drive the segments growth.

Request To Download Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=MR443

India Ventilator Market - Regional Insights

Geographically, the India ventilator market has been analyzed across North India, South India, East India, West India. Among these regions, South India dominates the India ventilator market. However, North India is anticipated to witness a high growth rate during the forecast period. Several North Indian states, such as Uttar Pradesh, Delhi, and Bihar, have been investing significantly in boosting healthcare expenditures to strengthen the infrastructure to deal with public health emergencies. This is likely to boost the market during the forecast period.

Impact of COVID-19 on India Ventilator Market

India ventilator market boomed after the outbreak of COVID-19 in the country. Due to severe breathing problems and respiratory issues, COVID-19 patients were required to be placed on ventilators in order to maintain their breathing. However, an overwhelming surge in the COVID-19 cases in the country led to a shortage of ventilators. This led to a huge demand for ventilators, which led to the overall market growth. Furthermore, ventilator manufacturers also significantly invested in boosting production capacities of ventilators, which is anticipated to drive the market growth during the forecast period.

India Ventilator Market - Competitive Landscape

The leading players in the India ventilator market are AgVa Healthcare, Life Line Biz Pvt. Ltd., Trivitron Healthcare Pvt. Ltd., Air Liquide Medical Systems Private Limited, Max Ventilators, Narang Medical Limited, AVI Healthcare Pvt. Ltd., Skanray Technologies Pvt. Ltd., Medion Healthcare Pvt. Ltd., OneBreath Inc., and other prominent players.

Request To Download Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=MR443

Market Segment:
By Mobility (Intensive Care Ventilators, Portable/Transportable Ventilators)
By Interface (Invasive Ventilation, Non-Invasive Ventilation)
By Type (Adult/Pediatric Ventilators, Infant/Neonatal Ventilators)
By Mode (Combined-Mode Ventilation, Volume-Mode Ventilation, Pressure-Mode Ventilation, Other Modes)
By End-User (Hospitals & Clinics, Home Care, Ambulatory Care Centers, Emergency Medical Services)
By Region (North India, South India, East India, West India)

The India ventilator market is highly consolidated due to the presence of leading ventilation device manufacturers. However, the shortage of ventilators in India after the COVID-19 outbreak opened various growth opportunities for the new players as well. To gain a competitive edge, the market players launch ventilators of various types and significantly invest in research and development activities to innovate their products. They also establish partnerships with hospitals and other healthcare facilities as their official ventilator providers to boost their market share. Furthermore, the adoption of competitive strategies such as mergers, acquisitions, joint ventures, collaborations, etc., is also prominent in this market.

Table of Content:

Report Overview
Global Growth Trends
Competition Landscape by Key Players
Data Segments
North America Market Analysis
Europe Market Analysis
Asia-Pacific Market Analysis
Latin America Market Analysis
Middle East & Africa Market Analysis
Key Players Profiles Market Analysis
Analysts Viewpoints/Conclusions
Appendix

Key Reasons to Buy this Report:

Access to date data compiled by means of our researchers. These grant you with historic and forecast data, which is analyzed to inform you why your market is set to change
This allows you to expect market adjustments to continue to be in advance of your competitors
You will be in a position to replica information from the Excel spreadsheet straight into your advertising plans, commercial enterprise presentations, or different strategic documents
The concise analysis, clear graph, and desk structure will allow you to pinpoint the records you require quickly
Provision of market cost (USD Billion) records for every phase and sub-segment
Indicates the area and section that is predicted to witness the quickest increase as nicely as to dominate the market
Analysis through geography highlighting the consumption of the product/service in the area as nicely as indicating the elements that are affecting the market inside every region
Competitive panorama which contains the market rating of the predominant players, alongside with new service/product launches, partnerships, commercial enterprise expansions, and acquisitions in the previous 5 years of organizations profiled
Extensive business enterprise profiles comprising of business enterprise overview, employer insights, product benchmarking, and SWOT evaluation for the primary market players
The cutting-edge as nicely as the future market outlook of the enterprise regarding current traits which contain boom possibilities and drivers as properly as challenges and restraints of each rising as nicely as developed regions
Includes in-depth evaluation of the market from quite a number views via Porter's 5 forces analysis
Provides perception into the market via Value Chain
Market dynamics scenario, alongside with boom possibilities of the market in the years to come, 6-month post-sales analyst help

Request full Report : https://reportocean.com/industry-verticals/sample-request?report_id=MR443

About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.

Get in Touch with Us:
Report Ocean:
Email: sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 - UNITED STATES
Tel:+1 888 212 3539 (US - TOLL FREE)
Website: https://www.reportocean.com

This release was published on openPR.