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Ventilator Accessories Market: Technological breakthroughs, Value chain and stakeholder analysis by 2024

08-10-2017 07:34 PM CET | Health & Medicine

Press release from: Transparency Market Research - Medical Devices

Ventilator Accessories Market: Technological breakthroughs,

Ventilators are critical life-support devices that provide respiratory therapy to millions of patients every single day. The ventilator accessories market unveils the characteristics of an increasingly mature market with innovative brands & unique product differentiation in order to secure competitive advantage. The ventilation accessories segment includes flow sensors, breathing sets, expiratory valves, endotracheal tubes, breathing circuits, humidifiers, interfaces, masks & lot more. The relatively inclusive range of end use sectors and specialist applications for innovative ventilator accessories represents a supportive factor in terms of the long term market growth. Large medical device manufacturers are majorly focused on launching novel products in order to accomplish development in the global ventilators market. Companies are also more attentive on collaboration by acquiring domestic and international players to expand their product portfolios and boost their distribution channels in emerging markets. High-tech advancement is another key factor for manufacturers to improve technologies and thus prevent respiratory illness and reduce the time spent on other ventilation procedures.

Drivers & Restraints

Rising elderly population, growing prevalence of respiratory disorders, and rising number of preterm births are predictable to fuel the growth of ventilators accessories market in the forecast period. Ventilator accessories market growth has been driven by increasing in sales of portable and mechanical ventilators. Furthermore there is also an increase in the relevance of hospitals, medical emergency services and rehabilitation centers can be expected to rise in the demand for ventilators. Industry experts design these accessories utilizing the high grade standard material with high-end technology. Manufacturers are mainly focused for the highest possible patient safety and ease of use. Growing per capita income, extensive R&D investments in the healthcare industry by top market players, rising demand for advanced front-line technologies, and expansion of private hospitals and rehab-centers in remote areas are the major factors driving growth of the ventilators accessories market globally. Also, lack of access to primary care in developing regions is comparatively driving sensitive demand for urgent respiratory care utilization. Patient safety and operator control safety is the prime concern which has been regulated by the few official authorities which has executed huge challenges for the medical device manufacturers. New materials may bring together biocompatibility and circuitry issues.

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http://www.transparencymarketresearch.com/ventilator-accessories-market.html

Global Ventilators Market: Segmentation

The Global Ventilators Market market can be segmented as follows:

Global ventilator accessories market by Product Type

Flow sensors

Breathing sets

Expiratory valves

Endotracheal tubes

Breathing circuits

Humidifiers

Interfaces and masks

Others

Global Ventilators Market, by End User

Hospitals

Ambulatory Surgery Centres

Clinics

Emergency Medical Services

Long term care centres

Global Market: Regional Outlook

Geographically, the global ventilator accessories market is segmented into five regions, namely North America, Latin America, Europe, Asia Pacific & the Middle East and Africa (MEA). North America (U.S) is the largest regional segment of the overall ventilator market, followed by Europe region. Currently Asia-Pacific region has also enhanced the growth rate during the forecast period. The rate of efficiency is mainly attributed to the geriatric population worldwide, rising incidences of cardio-vascular & respiratory diseases, extensive growth in healthcare expenditure, and rapidly growing healthcare industry worldwide. These regions are expected to generate the fastest growth rates potentially.

Global Ventilators Market: Key Players

The key players in the Ventilators market are Drägerwerk AG & Co. KgaA, GE Healthcare Ltd., Siemens Healthcare, ResMed Inc., Fisher & Paykel Healthcare Corp. Ltd., Hamilton Medical AG, Invacare Corp., CAS Medical Systems Inc., Nihon Kohden Corp., Nonin Medical Inc., Criticare Systems Inc., Spacelabs Healthcare Inc., Nellcor Puritan Bennett LLC, ALARIS Medical Systems Inc., Criticare Systems Inc., Masimo Corp., Welch Allyn Inc., etc.

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About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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