Ventilator Market By Product (Ventilator Instrument, Consumables), Mobility (Intensive Care, Portable), Interface (Invasive, Non-Invasive), Age Group (Adult, Infant), Mode (Volume, Pressure, Dual), End User (Hospital, Home Care, ASC) – Global Forecast To 2023
Ventilator Market by Product (ventilator instrument, consumables), Mobility (Intensive Care, Portable), Interface (Invasive, Non-invasive), Age group (Adult, Infant), Mode (Volume, Pressure, Dual), End User (Hospital, Home Care, ASC) – Global Forecast to 2023
Global ventilators market is expected to reach USD 2,636.2 million by 2023, at a CAGR of 7.2% during the forecast period of 2018 to 2023.
Succeeding an extensive secondary and primary research on ventilators and in-depth analysis of the market scenario, the report carries out an impact analysis of the key industry drivers, restraints, opportunities, and challenges in the market dynamics segment. Increasing incidence & prevalence of pulmonary disorders with changing lifestyles, rising tobacco smokers, and growing pollution level with urbanization; rising geriatric population; and increasing incidence of premature births are majorly driving the global ventilators market. However, complications associated with the use of mechanical ventilators restrict the growth of the market to some extent.
In addition, the report further gives an extensive outlook on various segments of the market. The ventilators market studied in this report is majorly segmented by product type, interface, age group, mobility, mode, and end user. The report in detail talks about each of these segment and sub-segment with the specific focus on dynamics, trends impacting the growth of these markets, regional opportunities, key players, technological investments, end user preferences, and future prospects.
An in-depth analysis of the geographical scenario of the industry provides detailed qualitative and quantitative insights about the five major geographies (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) along with the coverage of major countries in each region. The geographical analysis provides detailed insights on the key trends of the industry in the listed regions & countries, identifying the demographic & economic impact, government & private investments, and regulatory scenario. The report identifies North America to be the largest market followed by Europe, Asia Pacific, and Rest of World. The geographical analysis section also comments on the key market players shaping the growth of the industry in the respective countries.
The report also includes the competitive landscape based on extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 3 years (2015-2017).
The key players in the ventilators market are Philips Healthcare (Netherlands), ResMed (U.S.), Medtronic (Ireland), Dräger (Germany), Smiths Group (U.K.), Getinge (Sweden), GE Healthcare (U.S.), Becton, Dickinson and Company (U.S.), Fisher & Paykel (New Zealand), Air Liquide (France), Hamilton Medical (Switzerland), Zoll Medical (U.S.), Allied Healthcare Products (U.S.), Airon Mindray (China), and Schiller (Switzerland).
Scope of the report
Market by Product: