Press release
Ventilators Market to grow with CAGR of 5.0% by 2031 | Koninklijke Philips N.V. (Netherlands), Getinge AB (Sweden), ResMed (U.S.)
The global ventilators market was valued at USD 1.8 billion in 2021 and it is anticipated to grow up to USD 2.9 billion by 2031, at a CAGR of 5.0% during the forecast period.Get Access to A Free Sample Copy of Our Latest Report - https://www.globalinsightservices.com/request-sample/GIS10375
The ventilator is basically an equipment which is used in intensive care units to help patients breathe when they are unable to do so on their own. Ventilators can be employed on the system either temporarily or permanently (as in long-term care) and are used across utilized in hospital settings, rehabilitation centers and at home. Mechanical ventilation, an endotracheal tube, and a nasogastric drain are the components of a ventilator. Ventilation devices remove carbon dioxide from the patient's body by supplying oxygen. It is used to keep people alive, but it is not used to treat illnesses or medical disorders. The mechanical ventilation system is used for patients with chronic diseases such as chronic obstructive pulmonary disease (COPD), asthma, brain traumas, and strokes.
Market Trends and Drivers
Rising prevalence of chronic obstructive pulmonary disease (COPD) and other respiratory disorders such as sleep apnea, acute lung injury, and hypoxemia are the most significant factors driving this market's growth. The increasing number of preterm births and rapid growth in the geriatric population are also expected to accelerate the market's overall growth. Moreover, the high prevalence of tobacco smoking which leads to respiratory disease will bolster the growth of the market.
Report Overview- https://www.globalinsightservices.com/reports/ventilators-market
Major Players in the Global Ventilators Market
The key players in the market are Koninklijke Philips N.V. (Netherlands), Getinge AB (Sweden), ResMed (U.S.), Medtronic (Ireland), Fisher & Paykel Healthcare Limited (New Zealand), Avasarala Technologies Limited (India), Shenzhen Mindray Bio-Medical Electronics Co., Ltd, (China), Drägerwerk AG & CO. KGAA (Germany), Nihon Kohden Corporation (Japan), Asahi Kasei Corporation (Japan), Hamilton Medical (Switzerland), among others.
COVID-19 Impact
A worldwide emergency has been caused by the COVID-19 pandemic. One of the major equipment used to treat COVID-19 is a medical ventilator. The demand for medical ventilators has risen dramatically, pushing manufacturers to increase output by 30-50%. In 2019, it was projected that 77,000 new ventilators would be sufficient to meet the global demand. In April 2020, around 30,000 extra ventilators were required in New York City alone. Various large firms were competing to manufacture and deliver as many ventilators as possible around the world.
Get a customized scope to match your need, ask an expert-https://www.globalinsightservices.com/request-customization/GIS10375
Global Ventilators Market Segmentation
By Product
Intensive Care Ventilators
Portable Ventilators
Neonatal Ventilators
By Mobility
Non-Invasive Ventilation
Invasive Ventilation
By Type
Adult Ventilators
Neonatal Ventilators
Paediatric Ventilators
By Mode
Combined-Mode Ventilation
Volume-Mode Ventilation
Pressure-Mode Ventilation
Others
By End-use
Hospitals
Ambulatory Surgery Centres
Specialty Clinics
Home Healthcare
Others
Buy Now- https://www.globalinsightservices.com/checkout/single_user/GIS10375
With Global Insight Services, you receive:
10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Excel data pack included with all report purchases
Robust and transparent research methodology
Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario
New Report Published by Global Insight Services:
https://www.globalinsightservices.com/reports/hydrogen-projects-database/
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
Contact Us:
Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Ventilators Market to grow with CAGR of 5.0% by 2031 | Koninklijke Philips N.V. (Netherlands), Getinge AB (Sweden), ResMed (U.S.) here
News-ID: 3085964 • Views: …
More Releases from Global Insight Services
Hydrogen Generation Market Poised to Grow from $155.5 Billion in 2024 to $410.6 …
The Hydrogen Generation Market is set to experience remarkable growth, expanding from $155.5 billion in 2024 to an estimated $410.6 billion by 2034, registering a robust CAGR of approximately 10.2%. Hydrogen generation involves producing and supplying hydrogen through various techniques, including steam methane reforming, electrolysis, and coal gasification. This market plays a pivotal role in supporting industries seeking cleaner energy solutions, spanning transportation, power generation, and industrial processes. As the…
Identity and Access Management Market Poised to Grow from $15.9 Billion in 2024 …
The Identity & Access Management (IAM) market is poised for substantial growth, expanding from an estimated $15.9 billion in 2024 to $38.2 billion by 2034 at a robust CAGR of approximately 9.2%. IAM encompasses systems, tools, and policies that manage digital identities and regulate user access within organizations. This includes solutions such as authentication, single sign-on, identity governance, and privileged access management. These technologies are essential for ensuring security, compliance,…
Endoscopy Devices Market Is Anticipated To Expand From $14.5 Billion In 2024 To …
Market Overview
The Endoscopy Devices Market is playing an increasingly important role in modern healthcare by supporting minimally invasive diagnostic and surgical procedures. These devices, which include endoscopes, visualization systems, and complementary instruments, allow physicians to examine internal organs with precision, leading to faster diagnoses, less trauma for patients, and improved recovery times. As the global burden of chronic diseases rises, the demand for such technologies continues to expand. Additionally, advancements…
Sustainable Fashion Market Is Anticipated To Expand From $13.8 Billion In 2024 T …
Market Overview
The Sustainable Fashion Market has gained remarkable momentum in recent years as consumers, brands, and policymakers increasingly recognize the need for eco-friendly and socially responsible alternatives in the fashion industry. Unlike conventional fashion, which is often criticized for its high carbon footprint and exploitative labor practices, sustainable fashion emphasizes the use of organic, recycled, and biodegradable materials, along with ethical supply chains and fair trade principles. This shift represents…
More Releases for Ventilators
Non-Invasive Ventilators Market Report 2024 - Non-Invasive Ventilators Market Si …
"The Business Research Company recently released a comprehensive report on the Global Non-Invasive Ventilators Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, The non-invasive ventilators market size…
Duct Ventilators - Centrifugal Blowers
In automobiles, a mechanical fan provides engine cooling and prevents the engine from overheating by blowing or sucking air through a coolant-filled radiator. It can be driven with a belt and pulley off the engine's crankshaft or an electric fan switched on/off by a thermostatic switch.
Canada Blower Axial flow fans have blades that force air to move along the shaft about which the blades rotate. Axial fans blow air across…
Intensive Care Unit Ventilators Market - Life-Saving Ventilation: Intensive Care …
Newark, New Castle, USA: The "Intensive Care Unit Ventilators Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors.
Intensive Care Unit Ventilators Market: https://www.growthplusreports.com/report/intensive-care-unit-ventilators-market/8836
This latest report researches the…
Ventilators Market - Innovation Driving Respiration: Ventilators Redefining Medi …
Newark, New Castle, USA: The "Ventilators Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors
Ventilators Market: https://www.growthplusreports.com/report/ventilators-market/7656
This latest report researches the industry structure, sales, revenue, price…
Intensive Care Unit Ventilators Market - Precision Breathing, Optimized Care: IC …
Newark, New Castle, USA - new report, titled Intensive Care Unit Ventilators Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Intensive Care Unit Ventilators market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Intensive Care Unit Ventilators market. The report offers…
Global Ventilators Market By Product Type (Intensive Care Ventilators, Portable …
Market Snapshot:
A new report published by Pro Data Intelligence estimates the market size of global Ventilators market in terms of value from 2018 to 2028. In the report, the year 2020 is taken as the base year, and 2020 to 2028 is considered to be a forecast year. Furthermore, the report evaluates market sizes and value for its numerous types and application/end-user which are scoped under the report. Additionally, the…
