Ventilators Industry Report provides an in-depth analysis of the current trends, market growth and future estimations.
Chicago, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Ventilators Market is projected to reach USD 1.9 billion in 2026 from USD 1.4 billion in 2021, at a CAGR of 7.6% during the forecast period, according to the new market research report by MarketsandMarkets™. A ventilator, breathing machine, or respirator is a machine that assists with breathing. It is mainly used in hospitals to treat chronic obstructive pulmonary disease (COPD), sleep apnea, acute lung injury, and hypoxemia. Over the years, the ventilators market has evolved significantly due to technological advancements, such as developing advanced portable ventilators and improvements in the sensor technologies used in ventilators. The increasing number of preterm births, rapid growth in the geriatric population, rising prevalence of respiratory diseases, rising number of ICU beds, and rising number of COVID-19 patients are expected to drive growth in the ventilator market during the forecast period. The emergence of home healthcare has opened new avenues for the market. Convenience and comfort in the home care environment, coupled with cost advantages, are the other major factors driving growth in the home healthcare market for ventilators.
Browse and in-depth TOC on "Ventilators Market" 212 - Tables 61 - Figures 267 - Pages
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=11018337
List of Key Players in Ventilators Market:
Koninklijke Philips N.V. (Netherlands),
Fisher & Paykel Healthcare Limited (New Zealand),
Drägerwerk AG & CO. KGAA (Germany),
Smiths Group plc (UK) and
Allied Healthcare Products, Inc. (US).
Driver: High prevalence of respiratory diseases
High prevalence of COPD and asthma
High prevalence of tobacco smoking
Opportunity: Development of non-invasive and microprocessor-controlled portable ventilators
Challenge: Low awareness and a large population of undiagnosed & undertreated patients
Key Findings of the Study:
By mobility, the intensive care segment is expected to account for the largest share of the ventilators market
On the basis of type, adult/pediatric ventilators segment is expected to account for the largest share of the ventilators market
On the basis of interface, invasive ventilation segment is expected to account for the largest share of the ventilators market
On the basis of mode, the combined-mode ventilation segment is expected to account for the largest share of the ventilators market
On the basis of end user, hospitals & clinics segment holds the highest market share in the ventilators market
North America to dominate the ventilators market during the forecast period
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=11018337
By mobility, the global ventilator market is segmented into intensive care ventilators and portable/ transportable ventilators. The intensive care segment accounted for the largest share of the global market in 2020.The large share of the intensive care ventilators segment can be attributed to the rising number of intensive care beds equipped with ventilators. Increasing ICU admissions due to COVID-19 and re-admissions in developed countries, coupled with appropriate reimbursements, are also responsible for the large share of the ICU ventilators segment.
Based on type, the ventilators market is segmented into adult/pediatric ventilators and neonatal/infant ventilators. The adult/pediatric ventilators segment accounted for the largest share of the market in 2020. The large share of the adult/pediatric ventilators segment can be attributed to the large adult population suffering from COVID-19, the growing incidence of chronic diseases such as COPD & asthma, the growing number of smokers, and the rising geriatric population.
Based on interface, the ventilators market is segmented into invasive ventilation segment and non-invasive ventilation. The invasive ventilation segment accounted for the largest share of the market in 2020. Growth in the invasive ventilation market can be attributed to the increasing severity in COVID-19 patients and the rising prevalence of respiratory diseases, neurological diseases, and sleeping disorders.
Based on mode, the ventilator market is segmented into combined-mode ventilation, volume-mode ventilation, pressure-mode ventilationand other ventilation modes. The combined-mode ventilation segment accounted for the largest share of the market in 2020. The large share of this segment can be attributed to its advantages over conventional pressure-mode ventilation and volume-mode ventilation. The ability of combined-mode ventilation to provide both modes of ventilation makes it a desirable product in the market.
Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=11018337
Based on end user, the ventilators market is segmented into hospitals& clinics, home care settings, ambulatory care centers and emergency medical services. The hospitals& clinics segment is likely to dominate the market during the forecast period isattributed to the financial capabilities of hospitals to purchase high-priced instruments and the availability of trained professionals to operate ventilators. Market growth is also driven by the rapidly increasing incidence of coronavirus disease. The COVID-19 outbreak has not only created pressure on healthcare resources but has also increased the number of hospital admissions.
North America dominated the ventilator market in 2020. The rising geriatric population, growing number of smokers, high prevalence of respiratory diseases, increasing COVID-19 patient volumes, highly developed healthcare system, high healthcare expenditure, and major market players in the US are the key factors driving the market in North America.
Browse Adjacent Markets: Medical Devices Market Research Reports & Consulting
Respiratory Care Devices Market by Product (Therapeutic (Ventilator, Mask, PAP Device, Inhaler, Nebulizer), Monitoring (Pulse Oximeter, Capnograph), Diagnostic, Consumables), End User (Hospital, Home Care) - Global Forecast to 2026
Patient Monitoring Devices Market by Product (EEG, MEG, TCD, Pulse Oximeter, Spirometer, Fetal Monitor, Temperature Monitoring, MCOT, ECG, ICP, ILRs, Blood Glucose Monitoring, Blood Pressure Monitor), End-User (Hospitals, ASCs) - Global Forecast to 2025
In case you haven't noticed, it's been a rough year for Wall Street and everyday investors. Since each of the three major U.S. stock indexes hit their all-time highs between mid-November and the first week of January, they've all fallen by 22% to 34%, which firmly places them in a bear market. Electric vehicle (EV) stocks are a perfect example.
It may not be practical — at least for now.
Take a look at this list of stock market holidays in 2022 to find out whether the market will be open on days like Labor Day, Black Friday, Christmas Eve and more.
(Bloomberg) -- Cathie Wood flagged the risk of “serious losses” in the trillion-dollar auto debt market, after statistics showed US used vehicle prices decreased in September. Most Read from BloombergUkraine Latest: Putin Calls Security Meeting, Comments on BridgeEight Years of Combat Hardened Ukraine’s Army Into a Fighting ForceRussia Races to Reopen Crimea Bridge Damaged in Fiery BlastRussia Blitzes Ukraine After Putin Blames Kyiv for Bridge BlastThe Ark Investment Management LLC founder and c
Columbus Day arrives this year after investors navigated choppy waters last week. The marked its largest two-day gain since April 2020 on Tuesday, after a weak ISM manufacturing activity report and other economic data suggested the Federal Reserve might ease future interest-rate hikes. This week, investors can expect third-quarter earnings results, the September consumer price index reading, and other macro data to give better clues as to whether the Fed will be able to negotiate a soft landing or plunge the U.S. into a recession.
For the retail investor, the only certainty of our current market environment is uncertainty. Volatility is up, and the main indexes are showing deepening losses. As if that wasn't enough, at least one market bull is turning a bit more pessimistic. JPMorgan strategist Marko Kolanovic has been one of the more bullish voices on Wall Street in recent months, but current conditions have him pushing the timeline back. While he still believes that the S&P 500 can hit 4,800, or a 32% gain from current
The Biden administration is trying to slow China's technological advances on concern they could be used for military purposes.
PayPal is in trouble. "You are independently responsible for complying with all applicable laws in all of your actions related to your use of PayPal's services, regardless of the purpose of the use," the document, called "Acceptable Use of Policy," said.
Stock futures edge lower as October rally faces inflation test; Week Ahead: earnings, inflation and Fed minutes in focus; Tesla sees record September china sales after Shanghai re-boot; Ford, GM shares slump after UBS downgrade and Twitter shares move closer to Musk takeover price of $54.20.
The company's longtime CEO announced his retirement, leading some analysts to contemplate a cut to the 14% dividend.
With a price-to-earnings (or "P/E") ratio of 7.4x Verizon Communications Inc. ( NYSE:VZ ) may be sending bullish...
It probably won't be smooth sailing for stocks the rest of October. More on that and what else to watch in markets Monday, October 10, 2022.
Oil prices have bounced around quite a bit this year. Brent oil, the global-pricing benchmark, started 2022 below $80 a barrel before soaring into the $120s following Russia's invasion of Ukraine. With the prospect of higher oil prices, we asked some of our energy contributors what oil stocks they believe are best positioned to capitalize following OPEC's bold move.
The company is reaping benefits from investments in 5G technology, but that's not necessarily enough to make AT&T stock a buy.
Each month I buy several dividend stocks to help build my passive income stream toward my goal of having it eventually offset my expenses. This October, I plan to add to my positions in Blackstone Group (NYSE: BX), Clearway Energy (NYSE: CWEN)(NYSE: CWEN.A), Digital Realty (NYSE: DLR), Realty Income (NYSE: O), and NextEra Energy (NYSE: NEE) as more cash flows into my portfolio.
In this article, we will take a look at 10 best fundamental stocks to buy. If you want to see some more of the best fundamental stocks to buy, go directly to 5 Best Fundamental Stocks To Buy. A good fundamentals stock is a stock of a company that’s profitable and that has durable competitive […]
Oil prices can be pretty unpredictable, impacting energy stocks
Alphabet Inc.'s ( NASDAQ:GOOGL ) price-to-earnings (or "P/E") ratio of 17.9x might make it look like a sell right now...
In this article, we discuss the 10 best EV battery stocks to buy in late 2022. If you want to see more stocks in this selection, check out the 5 Best EV Battery Stocks to Buy in Late 2022. The share of EV sales has taken up more than 5% of the total new automobile […]
It's nice to see the Tilray Brands, Inc. ( NASDAQ:TLRY ) share price up 15% in a week. But that's not enough to...