Mechanical Ventilators Market to Reach US$ 5.5 billion in 2031, Expanding at a CAGR of 12.8%: TMR Report

The global 𝐦𝐞𝐜𝐡𝐚𝐧𝐢𝐜𝐚𝐥 𝐯𝐞𝐧𝐭𝐢𝐥𝐚𝐭𝐨𝐫𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 is estimated to witness increased sales during forecast period. This increased sales rate is attributed to growing older population and rising cases of respiratory diseases. Mechanical ventilator is an artificial breathing device majorly used for treating patients with severe medical conditions. Growing number of acute respiratory distress syndrome (ARDS) and chronic obstructive pulmonary disease (COPD) in the worldwide population is driving the growth of the global mechanical ventilators market.

The global mechanical ventilators market was worth US$ 1.9 Bn and is projected to reach a value of US$ 5.5 Bn by the end of 2027, is anticipated to grow at a CAGR of 12.8% during the forecast period.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅:
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𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐩𝐥𝐚𝐲𝐞𝐫𝐬:

Teleflex Incorporated,VYAIRE,Dragerwerk AG & Co. KGaA,GE Healthcare,Medtronic plc,Koninklijke Philips N.V.,Smiths Medical,ResMed Inc.,Bunnell Inc.,,Getinge AB.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐏𝐫𝐨𝐝𝐮𝐜𝐭

Critical Care Ventilators
Neonatal Ventilators
Transport and Portable Ventilators
Interface
Invasive
Non-invasive

𝐄𝐧𝐝-𝐮𝐬𝐞𝐫

Home Care
Hospitals and Clinics
Ambulatory Surgical Centers
Others

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬:

In April, 2020, U.S. government under the Defense Production Act- issues US $1.1Bn in ventilator contracts to Koninklijke Philips N.V. and G.E. Healthcare.

𝐆𝐞𝐭 𝐓𝐡𝐢𝐬 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭, 𝐈𝐧𝐬𝐭𝐚𝐧𝐭𝐥𝐲:
https://www.transparencymarketresearch.com/checkout.php?rep_id=1397<ype=S&utm_source=OpenPR&utm_medium=OpenPR&utm_campaign=MansiR

𝐂𝐨𝐧𝐬𝐭𝐚𝐧𝐭 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐢𝐧 𝐏𝐫𝐞𝐯𝐚𝐥𝐞𝐧𝐜𝐞 𝐨𝐟 𝐑𝐞𝐬𝐩𝐢𝐫𝐚𝐭𝐨𝐫𝐲 𝐃𝐢𝐬𝐞𝐚𝐬𝐞𝐬: 𝐊𝐞𝐲 𝐃𝐫𝐢𝐯𝐞𝐫

According to the World Health Organization (WHO), chronic respiratory disease comprise all such medical conditions that affect the airways and other lung structures. Some common chronic respiratory diseases are asthma, chronic obstructive lung disease, including chronic obstructive pulmonary disease, bronchitis and emphysema, lung cancer and neoplasms of respiratory and intrathoracic pulmonary heart disease and diseases of pulmonary circulation.
According to WHO, around 65 million people suffer from chronic obstructive pulmonary disease (COPD) and 3 million die from it each year, making it the third-leading cause of death worldwide.

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐮𝐝𝐲 𝐏𝐨𝐢𝐧𝐭𝐬:

Market size and growth projections
Segment-wise analysis
Regional dynamics and trends
Regulatory landscape
Competitive analysis
Technological advancements and innovations

𝐑𝐞𝐠𝐢𝐨𝐧𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝:

North America(USA, Canada and Mexico)
Europe(UK, Germany, France and the Rest of Europe)
Asia Pacific(China, Japan, India, and the Rest of the Asia Pacific region)
South America(Brazil, Argentina and the Rest of South America)
Middle East and Africa(GCC and Rest of the Middle East and Africa)

𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐓𝐌𝐑:

𝐂𝐚𝐧𝐜𝐞𝐫 𝐃𝐢𝐚𝐠𝐧𝐨𝐬𝐭𝐢𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2023/05/19/2672660/0/en/Cancer-Diagnostics-Market-Set-to-Surpass-USD-335-7-Bn-Revenue-by-2031-with-CAGR-of-7-4-Transparency-Market-Research.html

𝐁𝐥𝐞𝐚𝐜𝐡𝐢𝐧𝐠 𝐄𝐚𝐫𝐭𝐡 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2023/05/19/2672614/0/en/Bleaching-Earth-Market-Size-is-Expected-to-Surpass-US-14-4-Billion-Through-2031-Transparency-Market-Research-Inc.html

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

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Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

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