Mechanical Ventilator MarketTrends, Competitive Analysis, Research Report 2024

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Mechanical Ventilator Market Global Industry
Analysis Report, Share, Growth, Price Trends and
Forecast, 2017 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
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Regional Analysis of Mechanical Ventilator Market

• U.S. mechanical ventilator market will witness
  significant growth over the forecast period owing
  to presence of favorable reimbursement policies
  for ICU procedures, rising RD expenditure in
  healthcare sector and rising prevalence of COPD
  and chronic disorders.
• As per WHO statistics, 12.7 to 14.7 million
  adults have COPD in the U.S. According to British
  lung Foundation, approximately 2 of the entire
  population and 4.5 of all people aged over 40
  are living with diagnosed COPD in UK.
• China will expand at rapid growth rate over the
  forecast period pertaining to emerging economy,
  growing number of intensive care units and rise
  in the awareness of advanced solutions.
• India will grow at a substantial rate due to
  improved healthcare infrastructure, increase in
  per capita income and a rise in government
  initiatives to develop the healthcare sector.

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Application Analysis of Mechanical Ventilator
Market

• Mechanical ventilator market size should witness
  significant growth due to increased prevalence of
  respiratory disorders over the past two decades.
• Mechanical ventilator is a life support system
  that helps patients breathe when they are unable
  to maintain adequate alveolar ventilation.
• Increasing critical care admissions, rising
  introduction of modern technologies and
  ventilation modes that prevent lung injury,
  reduced hospital stays timeframe of patients and
  improving the synchrony between ventilator and
  patient will propel the industry size.
• Supported mode segment will grow at significant
  rate over the forecast period. Facilities like
  reduced spontaneous respiratory rate, overcoming
  resistance of the artificial airway, vent circuit
  and demand valves will drive the segment share.

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Competitive Market Share of Mechanical Ventilator
Market

• Some of the industry players are Becton Dickinson
  and Company, Dragerwerk, Philips Healthcare,
  Covidien, GE Healthcare, Maquet, Smiths Medical,
  Fisher and Paykel Healthcare, Getinge Group,
  Medtronic, ResMed, and Hamilton Medical.
• The industry players focus on strategic
  acquisition and advanced product launch to expand
  their business portfolio as main strategies.
• For instance, Becton Dickinson acquired C.R. Bard
  and CareFusion to enhance the companys
  respiratory health product portfolio.

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