openPR Logo
Press release

Ventilating Growth: Mechanical Ventilator Market Expected to Reach $18.63 Billion by 2030

04-25-2024 10:17 AM CET | Health & Medicine

Press release from: Allied Market Research (AMR)

/ PR Agency: Allied Market Research (AMR)
Ventilating Growth: Mechanical Ventilator Market Expected

The global mechanical ventilator market, a critical player in medical emergency and surgical procedures, is set to witness remarkable growth, with a current valuation of $4,652.34 million in 2020 expected to surge to an estimated $18,632.21 million by 2030, boasting a robust Compound Annual Growth Rate (CAGR) of 12.82% from 2021 to 2030.

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž: https://www.alliedmarketresearch.com/mechanical-ventilators-market

A mechanical ventilator serves as a lifeline for critically ill patients unable to breathe independently. Utilizing a hollow tube as an artificial airway, inserted into the patient's trachea, the device connects the patient to the ventilator, supporting vital breathing functions. Moreover, mechanical ventilators play a pivotal role in diagnosing respiratory system abnormalities, assessing airway resistance, and ensuring static compliance.

Mechanical ventilator is a machine that helps patients breathe when they are having surgery or cannot breathe on their own due to a critical illness. Patients are connected to the ventilator with a hollow tube (artificial airway) that goes in their mouth and down in their main airway or trachea. Mechanical ventilator is majorly classified as intensive care and portable mechanical ventilator.

The growth of the global mechanical ventilator market is driven by increase in incidence of chronic respiratory diseases, such as asthma, chronic obstructive pulmonary disease (COPD), bronchitis, and lung cancer as well as surge in geriatric population. In addition, rise in number of tobacco smokers leads to severe lung diseases, thus contributing toward the market growth. For instance, according to the World Health Organization (WHO) report published in July 2021, tobacco kills more than 8 million people each year, and more than 7 million of those deaths are a result of direct tobacco use while around 1.2 million are the result of non-smokers being exposed to passive smoking. Furthermore, rise in per capital healthcare expenditure and increase in number of hospitals worldwide are expected to supplement the market growth throughout the forecast period. However, high cost of mechanical ventilators and injuries associated with invasive ventilation restrict the market growth.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐จ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ: https://www.alliedmarketresearch.com/request-sample/453

๐Š๐ž๐ฒ ๐๐ž๐ง๐ž๐Ÿ๐ข๐ญ๐ฌ ๐Ÿ๐จ๐ซ ๐’๐ญ๐š๐ค๐ž๐ก๐จ๐ฅ๐๐ž๐ซ๐ฌ:

โžค Market Insights: This report offers a comprehensive quantitative analysis of current trends and future estimations from 2021 to 2030, enabling stakeholders to identify prevailing opportunities in the mechanical ventilator market.

โžค Regional Understanding: In-depth analysis of various regions provides stakeholders with a nuanced understanding of current trends, facilitating the formulation of region-specific strategies.

โžค Growth Drivers and Restraints: The report provides a thorough analysis of factors driving and restraining market growth, guiding stakeholders in making informed decisions.

โžค Regulatory Guidelines: Critical regulatory guidelines for the mechanical ventilators market are presented in accordance with different regions, ensuring compliance and adherence to standards.

โžค Strategic Planning: Companies gain valuable insights from a deep dive market analysis of various regions, empowering them to strategically plan their business moves.

๐Œ๐ž๐œ๐ก๐š๐ง๐ข๐œ๐š๐ฅ ๐•๐ž๐ง๐ญ๐ข๐ฅ๐š๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž๐ฌ:

โ— Intensive Care Unit/Critical Care

โ— Transport/Portable/Ambulatory

โ— Neonatal Care

๐‚๐จ๐ฆ๐ฉ๐จ๐ง๐ž๐ง๐ญ๐ฌ:

โ— Devices

โ— Services

๐Œ๐จ๐๐ž๐ฌ:

โ— Noninvasive Ventilation

โ— Invasive Ventilation

๐€๐ ๐ž ๐†๐ซ๐จ๐ฎ๐ฉ๐ฌ:

โ— Pediatric & Neonatal

โ— Adult

โ— Geriatric

๐„๐ง๐ ๐”๐ฌ๐ž๐ซ๐ฌ:

โ— Hospital & Clinic

โ— Home Care

โ— Ambulatory Surgical Center

๐Š๐ž๐ฒ ๐‘๐ž๐ ๐ข๐จ๐ง๐ฌ:

North America (U.S, Canada, Mexico)

Europe (Germany, France, UK, Rest of Europe)

Asia-Pacific (Japan, China, Australia, India, Rest of Asia-Pacific)

LAMEA (Latin America, Middle East, Africa)

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

โ–บ MEDTRONIC PLC.

โ–บ KONINKLIJKE PHILIPS N.V. (PHILIPS)

โ–บ HAMILTON MEDICAL AG

โ–บ DRAEGERWERK AG & CO. KGaA

โ–บ GETINGE AB (MAQUET HOLDING B.V. & CO. KG)

โ–บ GENERAL ELECTRIC COMPANY (GE HEALTHCARE)

โ–บ SMITHS GROUP PLC.

โ–บ ASAHI KASEI CORPORATION (ZOLL MEDICAL CORPORATION)

โ–บ CARL REINER GmbH

โ–บ MINDRAY MEDICAL INTERNATIONAL LIMITED

โ–บ VYAIRE MEDICAL INC.

As the Mechanical Ventilator Market continues its upward trajectory, it not only signifies a leap in technological advancements but also underscores the crucial role these devices play in enhancing patient care and saving lives.

๐„๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/453

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

David Correa

Portland, OR, United States

USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022,

UK: +44-845-528-1300

Hong Kong: +852-301-84916

India (Pune): +91-20-66346060

Fax: +1(855)550-5975

help@alliedmarketresearch.com

Web: https://www.alliedmarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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 Ventilating Growth: Mechanical Ventilator Market Expected to Reach $18.63 Billion by 2030 here

News-ID: 3476119 • Views: โ€ฆ

More Releases from Allied Market Research (AMR)

Online Music Streaming Market Demand will reach a value of US$ 24,711.3 million by 2027 at a CAGR of 12.34%
Online Music Streaming Market Demand will reach a value of US$ 24,711.3 million โ€ฆ
The global online music streaming market size is expected to reach $24,711.3 million by 2027 at a CAGR of 12.34% from 2021 to 2027. Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/11521 Online music streaming is a means of delivering music without downloading any file from the internet. Music is stored on the servers' database and is instantly transferred to the streamer or users' device in realโ€ฆ
Low-E Glass Market Growth Trends: Global Analysis of Leading Players and Business Development Forecast to 2032
Low-E Glass Market Growth Trends: Global Analysis of Leading Players and Busines โ€ฆ
According to the study, the global low-e glass market was valued at $11.9 billion in 2022 and is projected to reach $21.0 billion by 2032, growing at a CAGR of 5.9% from 2023 to 2032. Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/A15849 Market Drivers and Challenges: - The growing emphasis on energy efficiency and cost reduction is propelling the demand for low-emissivity (Low-E) glass globally. Despite higher upfront costs compared to traditional glass,โ€ฆ
Sunflower Lecithin Market: Industry Development Challenges, Opportunities & Key Manufacturers Analysis to 2032
Sunflower Lecithin Market: Industry Development Challenges, Opportunities & Key โ€ฆ
According to the report, the global sunflower lecithin market was valued at $324.6 million in 2018 and is projected to reach $754.8 million by 2032, growing at a CAGR of 5.7% from 2023 to 2032. Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/A156654 What is Sunflower Lecithin? Sunflower lecithin is a natural lipid blend derived from sunflower seeds, either mechanically or chemically, and is prized for its superior emulsifying and stabilizing properties. Composed primarilyโ€ฆ
Bio-Renewable Chemicals Companies Analysis and Developments by 2031
Bio-Renewable Chemicals Companies Analysis and Developments by 2031
According to the report, the global bio-renewable chemicals market was valued at $2.5 billion in 2021 and is projected to reach $7.4 billion by 2031, registering a CAGR of 11.6% from 2022 to 2031. The study provides an in-depth analysis of market dynamics, emerging trends, key investment areas, value chains, regional insights, and competitive landscapes. Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/156 Market Drivers, Restraints, and Opportunities Drivers: - Technological advancements and innovations inโ€ฆ

All 5 Releases


More Releases for Mechanical

Mechanical Aeration Device(Mechanical Aerator) Market Analysis and Future Prospe โ€ฆ
The world of the mechanical aeration device(mechanical aerator) market is a complex and ever-evolving landscape, shaped by consumer demands and technological advancements. In this report, we delve into the depths of this market to provide a profound and comprehensive analysis, catering to a diverse audience that includes manufacturers, suppliers, distributors, and investors. Our primary goal is to empower industry stakeholders with invaluable insights to make informed decisions in a rapidlyโ€ฆ
Portable Mechanical Ventil Market Portable Devices for Mechanical Ventilation Su โ€ฆ
Portable Mechanical Ventil Market 2023 Forecast: Unveiling Opportunities and Growth Portable Mechanical Ventil Market research report helps to recognize the market challenges and opportunities. Global Portable Mechanical Ventil Market report contains the recent forecast research for the predicted period. The report extensively offers the latest information about the technological developments and market growth prospect on the basis of the regional landscape. This Report offers a complete evaluation of every area includingโ€ฆ
Portable Mechanical Ventilation Market Portable Devices for Mechanical Ventilati โ€ฆ
Portable Mechanical Ventilation Market 2023 Forecast: Unveiling Opportunities and Growth Portable Mechanical Ventilation Market research report helps to recognize the market challenges and opportunities. Global Portable Mechanical Ventilation Market report contains the recent forecast research for the predicted period. The report extensively offers the latest information about the technological developments and market growth prospect on the basis of the regional landscape. This Report offers a complete evaluation of every area includingโ€ฆ
Global Mechanical Test Equipment Market, Global Mechanical Test Equipment Indust โ€ฆ
The Mechanical Test Equipment market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. The Global Mechanical Test Equipment Market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the global Mechanical Test Equipment market. The report focuses on well-known providersโ€ฆ
Introducing Magna Mechanical
Magna Mechanical provides mechanical construction services to industrial and commercial facilities in Texas. We strive daily to distinguish ourselves as one of the premier mechanical construction firms in Texas. As mechanical contractors, we approach every project with a plan to complete it on schedule, within budget, and adhering to the highest quality and safety standards. We are Industrial Mechanical Contractors Magna Mechanical was founded to perform industrial construction services. We provide piping,โ€ฆ
Mechanical Mine Clearance Systems
While the need for safe demining action is gradually becoming a necessity, the world awaits the arrival of affordable mechanical mine clearance systems. Demining action continues to gain traction across the globe, driving the adoption of mechanical mine clearance systems and reducing the casualty incidence rate while planting active landmines. Furthermore, the urgency of clearing landmines for rehabilitation purposes is also prompting the use of mechanical mine clearance systems. Persistenceโ€ฆ