The global ventilators market is expected to reach USD 1,600.1 Million by 2027, according to a new report by Emergen Research. The demand for ventilators is experiencing a high demand from hospital, ambulatory care centers, home care settings, and emergency medical services, attributable to its functionality to support respiration during injury, sickness, or sedation/anesthesia in the course of surgeries/operation The increasing occurrences of respiratory diseases encompassing respiratory syndrome, asthma, and abrupt respiratory disease epidemics like SARS-CoV-2/COVID-19 are among the significant factor driving the demand for the ventilator market.
The evolutions of cost-effective, patient-friendly, and portable ventilators are gathering considerable momentum among end-users, thereby boosting the market demand. However, a cost-prohibitive of maintenance of ventilators, its detrimental effects on infants, and difficulties pertaining to the usage of the equipment may create hindrances in the ventilator market demand in the upcoming years.
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The latest report offers a profound analysis of the present market scenario, its key product types, end-user landscape, application outlook, leading regions, competitive terrain, and the leading companies’ detailed profiles. The study performs a historical assessment of the Ventilator from 2017 to 2019, focusing on the market trends, revenue share, growth rate, production capacity, pricing structure, and other vital aspects during that period. The report emphasizes the demands and ongoing trends of the global Ventilator market, more importantly, across the major regions of the market.
The global Ventilator market consists of various segments, including product type outlook, application spectrum, end-user overview, leading regions, and the competitive analysis. The report further provides information regarding the value chain, emerging market sectors, and the technological advancements in the industry to benefit readers and businesses looking to invest in this industry.
Key Market Competitors Profiled in the Report:
Medtronic, GE Healthcare, ResMed Inc., Allied Healthcare Products, Koninklijke Philips N.V., Hamilton Medical, Zoll Medical, Becton, Dickinson, and Company, Schiller, Fisher Paykel Healthcare Ltd, and Philips Healthcare, among others.
Major Geographies Covered in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Emergen Research has segmented the global ventilators market on the basis of interface, type, mode, end-users, and region:
- Interface Outlook (Revenue, USD Billion; 2017-2027)
- Invasive Ventilation
- Non-Invasive Ventilation
- Type Outlook (Revenue, USD Billion; 2017-2027)
- Adult/Pediatric Ventilators
- Infant/Neonatal Ventilators
- Mode Outlook (Revenue, USD Billion; 2017-2027)
- Pressure Mode Ventilation
- Volume Mode Ventilation
- Dual/Combined Mode Ventilation
- Others
- End Users Outlook (Revenue, USD Billion; 2017-2027)
- Hospitals
- Homecare Setting
- Ambulatory Care Centers
- Emergency Medical Services
Target Audience of the Report:
- Leading Companies
- Large, medium-sized, and small enterprises
- Investors
- Value-Added Resellers (VARs)
- Venture capitalists
- Third-party knowledge providers
The report considers the following timeline for market estimation:
- Historical Years: 2017-2019
- Base Year: 2020
- Estimated Year: 2027
- Forecast Years: 2021-2027
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