Press release
Ventilation Devices Market outlook and Comprehensive Research Study by leading players | Hamilton Medical, Getinge, Draeger, Philips Healthcare
The market size for ventilation devices was estimated at USD 1.1 billion in 2022. The market for ventilation devices is anticipated to increase from USD 1.19 billion in 2023 to USD 2.22 billion by 2029, growing at a compound annual growth rate (CAGR) of 8.20% over the forecast period (2023-2029). Due to the rise in industrial construction, there is a high demand for industrial ventilation equipment. In addition, it is anticipated that growing concerns about air quality, such as poor indoor air quality, will significantly affect people's and workers' health. These are the main market factors boosting the development of the examined market.The Latest Research report on "Ventilation Devices Market Report 2023 - Future Opportunities, Latest Trends, Exhaustive Analysis, and Forecast to 2029" offers strategic visions into the Ventilation Devices market along with the market size (Volume - Million Units and Revenue - US$ Billion) and estimates for the duration 2023 to 2029. The said research study covers in-detailed analysis of multiple Industry segments based on type, application, and studies different topographies. The report is also inclusive of competitive profiling of the leading product vendors, and their latest developments.
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Key Players Mentioned in the Ventilation Devices Market Research Report:
Hamilton Medical, Getinge, Draeger, Philips Healthcare, Medtronic, Resmed, Vyaire Medical, GE Healthcare, WEINMANN, Mindray, Lowenstein Medical Technology, Siare, Heyer Medical, Aeonmed, EVent Medical and other.
KEY INDUSTRY DEVELOPMENTS:
Wed 18, 2023: Getinge launches its new Servo-c mechanical ventilator targeting selected markets, offering lung-protective therapeutic tools to treat both pediatric and adult patients. Based on decades of knowledge and with all essential functionalities needed, Servo-c is intended to make health care accessible and affordable for more hospitals around the world.
April 14, 2020: Philips announced its initiative to quickly scale production of its new Philips Respironics E30 ventilator as a readily available ventilation alternative during the COVID-19 crisis in situations where full-featured, critical care ventilators are not available. Philips will begin production immediately, ramping up outputs on an ongoing basis with expectations of producing 15,000 units per week in April, 2020.
The scope of the project, production, manufacturing value, loss/profit and supply/demand are all depicted in great detail. The market research then forecasts Ventilation Devices market Distribution Units business growth patterns. It also contains information on strategic partnerships. A feasibility analysis, a SWOT analysis, and a return on investment analysis are all included in this study.
Ventilation Devices Market Segmentation:
This research report categorizes the Ventilation Devices market into the following segments and subsegments:
Market by Type:
Non-invasive Ventilator
Invasive Ventilator
Market by Application:
Critical Care
Transport and Portable
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Region enclosed are: North America, Europe, Asia Pacific, Oceania, South America, geographical region & continent
Country Level Break-Up: u. s., Canada, Mexico, Brazil, Argentina, Colombia, Chile, Nigeria, Tunisia, Morocco, Germany, uk (UK), Holland, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, China, Japan, Taiwan, South Korea, Singapore, India and Australia etc.
the North American Ventilation Devices market is expected to dominate over the course of the forecasted period. The U.S. has an increasing number of COVID-19 patients who are severely ill (4,813,647 as of 3 August 2020), and prominent manufacturers are active in the area and executing production increases. To assist the government with the shortage issues of these equities equipmenttomobile titans like Tesla, Ford, and GM have shifted their assembly lines for medical supplies including masks, mechanical ventilators, and other medical devices. The local market as a whole experienced tremendous growth as a result.
Asia Pacific Ventilation Devices market accounts for the fastest market share due to the rise of chronic respiratory disorders, rising healthcare costs, and several pandemic-related partnerships, product launches, and strategic agreements made by local players. For instance, CSIR-NAL created the Swasth Vayu non-invasive airway pressure ventilator in January 2021. Moreover, the China Ventilation Devices market held the largest market share, and the India Ventilation Devices market was the quickest-growing market in the Asia-Pacific region.
The Europe Ventilation Devices Market is expected to expand at the quickest CAGR from 2023 to 2032. This is due to the rapidly increasing housing construction activities acros Westernrn Europe. Further, the Canada Ventilation Devices market was the fastest-growing region in the market, and the German Ventilation Devices market held a substantial share of the market.
Global Ventilation Devices Market Forecast | Influencing Factors | Historic Data
Market Size Forecast: Global Overall Size, By Type/Product Category, By Applications/End Users, By Regions/Geography.
Global Ventilation Devices Market Drivers: Growing Demand, Reduction in Cost, Market Opportunities and Challenges.
Key Data (Revenue): Global Ventilation Devices Market Size, Market Share, Growth Rate, Growth, Product Sales Price.
Global Ventilation Devices Market Sales Revenue: Market Share, Growth Rate, Current Market Analysis.
Competitive Landscape: By Manufacturers, Development Trends.
Industry Trends: Global Revenue, Status, and Outlook.
Market Segment: By Types, By Applications, By Regions/ Geography.
Product Revenue for Top Players: Market Share, Growth Rate, Current Market Situation Analysis.
Market Environment: Government Policies, Technological Changes, Market Risks.
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Strategic Points lined in Table of Content of Ventilation Devices Market:
Chapter 1: Introduction, market actuation product Objective of Study and analysis Scope market (2023-2029).
Chapter 2: Exclusive outline - the fundamental info of the world Ventilation Devices Market.
Chapter 3: ever-changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the market; Post COVID Analysis.
Chapter 4: Presenting the world Market correlational analysis, Post COVID Impact Analysis, Porters 5 Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by kind, user and Region/Country 2018-2023.
Chapter 6: Evaluating the leading makers of the world Market that consists of its Competitive Landscape, generation Analysis, Company Profile.
Chapter 7: to guage the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these numerous regions (2023-2029).
… To be continued
Key Questions Answered in the Report:
(1) What are the growth opportunities for the new entrants in the Ventilation Devices industry?
(2) Who are the leading players functioning in the Ventilation Devices marketplace?
(3) What are the key strategies participants are likely to adopt to increase their share in the industry?
(4) What is the competitive situation in the market?
(5) What are the emerging trends that may influence the market growth?
(6) Which product type segment will exhibit high CAGR in future?
(7) Which region is lucrative for the manufacturers?
What Information does this report contain?
CUSTOMS DATA - Detailed Data covers 100% complete customs-based data with Importer and Exporter Details along with other shipment information.
STATISTICL DATA - Statistical Data does not contain Companies' Names but it has other useful information such as Quantity, Country, Price, etc.
TRANSIT DATA - Transit Data covers information of import-export shipments of the land locked countries, which pass through different customs territories.
BL DATA - This data is based on Bill of lading documents. It contains companies' details but pricing information is not available.
SUEZ CANAL BL DATA - Suez Canal Data contains bill of lading data of shipments, which move through Suez Canal.
MIRROR DATA - Mirror Data contains information, which is reported by partner countries of countries that do not report their trade data.
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