Press release
Ventilator Market (Size of $638.7 Million in 2015) to Witness 7.7% CAGR During 2016 – 2022
Ventilator Market
Explore Report with Detailed TOC at: https://www.psmarketresearch.com/market-analysis/ventilator-market
Ventilator assists patients to breath, or takeover the breathing function completely, depending upon the needs of the patient. It does not treat a disease but is used as life support. It is indicated in respiratory failure conditions cardiac insufficiency and neurological dysfunction conditions.
Among the two types of ventilators, the portable ventilators would witness faster growth during the forecast period. Growing geriatric population, wider application of portable ventilators such as home care and ambulatory care, and increasing demand for home healthcare are the major factors driving the growth of the portable ventilator market.Among the different end users, the largest revenue was generated from the sales of ventilators in hospitals in 2015. It is mainly used in hospitals for the treatment of sleep apnea, acute lung injury, hypoxemia and obstructive pulmonary disease. The global ventilator market for home care is expected to grow at a CAGR of 8.4% during 2016 – 2022.
Some of the players operating in the global ventilator market include ResMed, Inc, General Electric Company, Hamilton Medical AG, Koninklijke Philips N.V, Becton, Dickinson and Company, and Medtronic plc.
GLOBAL VENTILATOR MARKET SEGMENTATION
By Product Type
Intensive care ventilator
Portable ventilator
By Age Group
Adult/Pediatric
Neonatal/Infant
By Interface
Invasive
Non-invasive
By Mode
Pressure
Volume
Combined
Others
By End User
Hospital
Home care
Ambulatory care
GEOGRAPHICAL SEGMENTATION
By Region
North America
U.S.
Canada
Rest of North America
Europe
Germany
U.K.
France
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
India
Rest of Asia-Pacific
Rest of the World (RoW)
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