Medical Ventilator Market By 2027 Top Winning Strategies, COVID-19 Impacting Factors, Business Strategies

Research Reports

Dec 10, 2021

The impact analysis of the mechanical ventilation for COVID-19 is recorded in the report. COVID-19 impact on medical ventilator market share is studied meticulously for different regions and the role of the pandemic in determining medical ventilator market size are illustrated in the report. The high reliability and safety features of medical ventilator equipment is expected to bolster the expansion of the market in the years to come. medical ventilators are designed skilfully to provide complete assistance to patients those struggle with breathing.

Market Research Future (MRFR) assesses the Global Medical Ventilator Market 2020 through the review period 2017-2023. By 2023, the medical ventilator market is expected to rise at about 7.9?GR in the assessment period.

The surge in the application of medical ventilators in intensive care medicine, home care, emergency medicine, and in anaesthesiology, especially in COVID 19 can boost the expansion of the medical ventilator market in the foreseeable future. In addition, the market growth can also be attributed to the escalating demand for ventilators among pneumonia diagnosed patients. However, high pricing of medical ventilator can hinder the market expansion in the near future.

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Key Companies

Teleflex Incorporated (U.S.), Dickinson and Company (U.S.), Medtronic (Ireland), Koninklijke Philips N.V. (the Netherlands), ResMed (U.S.), Allied Healthcare Products Inc. (U.S.), Hamilton Medical (Switzerland), General Electric Company (U.S.), and Becton (U.S.) are some renowned enterprises that are functioning in the medical ventilators market that are listed by MRFR.

Market Segmentation

The global report on the medical ventilator market reveals the inclusion of types and applications. These segments would help in the understanding of various possibilities that can trigger the market growth.

By Types of ventilators, the report on the medical ventilator can be segmented into invasive ventilators, non-invasive ventilators, and mechanical ventilators. The non-invasive ventilators can be segmented into pressure-cycled, flow-cycled, volume-cycled, and time-cycled ventilators. The mechanical ventilators segment includes positive pressure and negative pressure ventilators.
By Applications, the market report on the medical ventilators can be segmented into neonatal care, emergency care, critical care, and others. The emergency care segment is witnessing a steep rise in the market.

Regional Analysis

Asia Pacific, Americas, the Middle East & Africa, and EU are analysed to understand the regional progress of the medical ventilators market.

The Americas can hold about 60% share of the worldwide medical ventilators market owing to multiple factors. The escalation of lifestyle-induces diseases, such as bronchitis, asthma, and chronic obstructive pulmonary diseases among others are likely to drive the medical ventilator market in this region. In the US, rise in percentage of patients suffering from critical ailments and rise in surgical procedures is boosting medical ventilator requirement. Moreover, the presence of a wide-range of medical devices and their reputed manufacturers can cause the US to spearhead the regional medical ventilator market growth. In Europe, the worldwide medical ventilator market can thrive owing to increase in cases of chronic respiratory diseases that demand mechanical ventilators.

In Asia Pacific, the medical ventilator market can win large profits, while MRFR reveals that the medical ventilator is one of the fastest-growing regional market in the years to come. As chronic diseases of respiratory and cardiovascular system are increasing, requirement for medical ventilator is also rising. Alongside, as environmental pollution threatens the respiratory health of people, the market can expand at a decent pace. The developing pandemic is also observed to create the need for medical ventilator that can bolster APAC market. In MEA, the market can exhibit steady progress in the analysis period.

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Industry News:

The global market for medical ventilator is witnessing a huge surge in demand to enable the healthcare sector in its battle against a pandemic like coronavirus. In Italy, army has joined hands to increase the production rate of medical ventilator. Various automotive manufacturers have been asked to manufacture ventilators instead of cars to meet the demand. However, hospitals are reluctant to order ventilators in such a huge bulk as it would burn a hole in their pocket that too, for a short-time crisis.

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Market Research Future (MRFR) team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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