Mechanical Ventilators Market future growth analysis, global demand, opportunities and applications to 2026 scrutinized in new research

The global market for mechanical ventilators shows lucrative growth as a result of technological advances in mechanical ventilators and the increasing prevalence of airway diseases worldwide.

SANJOSE, United States - February 6, 2019 /MarketersMedia/ —

The latest market report issued by Credence Research, Inc. "Mechanical Ventilators Market Growth, Future Prospects and Competitive Analysis, 2018- 2026," the market for mechanical ventilators was valued at US$ 779.5 million in 2017 and is projected to reach US$ 1,532.5 million by 2026 at a CAGR of 7.9 percent in the forecast period from 2018 to 2026.

Market Insights
During the forecast period from 2018 to 2026, the global market for mechanical ventilators shows lucrative growth as a result of technological advances in mechanical ventilators and the increasing prevalence of airway diseases worldwide. In home care settings, technological advances in mechanical ventilators such as portable and non-invasive mechanical ventilators achieve a higher momentum. Ventilators have advanced from basic or simple machines to complex, electronic, micro-processing engines with improved capabilities and options / features. The mode options, such as volume-based and pressure-based, are designed to meet the critically ill and anesthetized patients ' pulmonary needs.

Read full report originally published @ https://www.credenceresearch.com/report/mechanical-ventilators-market

The advent of next-generation sensors, pneumatic components, and single chip-solutions is improving the efficiency of the device. Additionally, rapid innovation in the field of portability, positive airway pressure (PAP) devices, and improvement in battery life of portable or transportable devices are assisting in the market growth. On the contrary, complications associated with the use of ventilators such as ventilator-associated pneumonia, airway injury, pneumothorax, alveolar damage, diaphragm atrophy, decreased cardiac output, and oxygen toxicity anticipated to hinder the market growth during the forecast period. Furthermore, rising prevalence of airway diseases such as chronic obstructive pulmonary disease (COPD), asthma, bronchitis, and other lung diseases like tuberculosis (TB), pleural effusion, pulmonary fibrosis, and cystic fibrosis (CF) anticipated fueling the demand for mechanical ventilators in near future. For instance, The World Health Organization (WHO) reported that nearly 65.0 million patients were suffering from the COPD in 2005 rose to more than 174.0 million in 2015, to 251.0 million cases in 2016 across the globe.

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Key Market Movements:

Globally, the mechanical ventilators market remains to exhibit a profitable growth with a CAGR of 7.9% for the period from 2018 to 2026
Based on the product, the intensive care unit/critical care ventilators & accessories segment is expected to spearhead the market with increasing prevalence of airway diseases along with a surge in the number of ICU admissions & ICU beds equipped with ventilators
Invasive ventilators administered via endotracheal tube inserted into the patient's nose or mouth, or through a tracheostomy. Patients on long-term ventilation mostly need invasive ventilation thereby demand is on surge. Worldwide newborn baby population is on the rise, which is extremely demanding invasive ventilators, resulting in commanding market share over the forecast period.
Advances in non-invasive ventilators like administration of ventilatory support without using an invasive artificial airway such as tracheostomy tube or endotracheal tube in the trachea are gaining higher traction in pediatric intensive care units (PICUs). Non-invasive ventilators used for the treatment of acute respiratory distress syndrome (ARDS), pneumonia, asthma, upper airway obstruction, acute chest syndrome, and post-extubation respiratory failure.
North America to contribute maximum in the overall growth of the mechanical ventilators market attributed to rising prevalence of airway diseases and the presence of key market players & sophisticated healthcare infrastructure in the U.S. and Canada
Asia Pacific to register lucrative CAGR during the forecast period owing to growing awareness among people about respiratory diseases and its treatment, surging geriatric population & a number of healthcare settings, and increasing healthcare spending in India, China, and Japan
Major players in this vertical are Philips Healthcare; GE Healthcare; Medtronic; BD (Becton, Dickinson and Company); Smiths Medical; Getinge AB; Hamilton Medical; Drägerwerk AG & Co. KGaA; ResMed; and Fisher & Paykel Healthcare Limited
Product Segment (2016–2026; US$ Mn)
• Intensive Care Unit Ventilators & Accessories
• Portable Ventilators & Accessories
Mode Segment (2016–2026; US$ Mn)
• Invasive Ventilators
• Non-invasive Ventilators
End-user Segment (2016–2026; US$ Mn)
• Hospitals & Clinics
• Home Care
• Ambulatory Care Center
• Others (trauma centers & rehabilitation centers)
ToC:
Chapter 4 Global Mechanical Ventilators Market, by Product, 2016-2026 (US$ Mn)
4.1 Overview
4.2 Intensive Care Unit Ventilators & Accessories
4.3 Portable Ventilators & Accessories

Chapter 5 Global Mechanical Ventilators Market, by Mode, 2016-2026 (US$ Mn)
5.1 Overview
5.2 Invasive Ventilators
5.3 Non-invasive Ventilators

Chapter 6 Global Mechanical Ventilators Market, by End-user, 2016-2026 (US$ Mn)
6.1 Overview
6.2 Hospitals & Clinics
6.3 Home Care
6.4 Ambulatory Care Center
6.5 Others (trauma centers, rehabilitation centers, etc.)
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Chapter 8 Company Profiles
8.1 BD (Becton, Dickinson and Company)
8.2 Philips Healthcare
8.3 GE Healthcare
8.4 Medtronic
8.5 Smiths Medical
8.6 Getinge AB
8.7 Hamilton Medical
8.8 Drägerwerk AG & Co. KGaA
8.9 ResMed
8.10 Fisher & Paykel Healthcare Limited
......................toc continued
Read full report originally published @ https://www.credenceresearch.com/report/mechanical-ventilators-market

List Of Figure:
FIG. 1 Market Segmentation: Global Mechanical Ventilators Market
FIG. 2 Global Mechanical Ventilators Market: Research Methodology
FIG. 3 Global Mechanical Ventilators Market, by Product, 2017 (US$ Mn)
FIG. 4 Global Mechanical Ventilators Market, by Mode, 2017 (US$ Mn)
FIG. 5 Global Mechanical Ventilators Market, by End-user, 2017 (US$ Mn)
FIG. 6 Global Mechanical Ventilators Market, by Geography, 2017 (US$ Mn)
FIG. 7 Attractive Investment Proposition, by Geography, 2017
FIG. 8 Competitive Analysis: Global Mechanical Ventilators Market, by Key Players, 2017
FIG. 9 Global Intensive Care Unit Ventilators & Accessories Market, 2016–2026 (US$ Mn)
FIG. 10 Global Portable Ventilators & Accessories Market, 2016–2026 (US$ Mn)
FIG. 11 Global Invasive Ventilators Market, 2016–2026 (US$ Mn)
FIG. 12 Global Non-invasive Ventilators Market, 2016–2026 (US$ Mn)
FIG. 13 Global Electrophysiology Mapping and Recording Systems Market for Mechanical Ventilators, 2016–2026 (US$ Mn)
FIG. 14 Global Hospitals & Clinics Market for Mechanical Ventilators, 2016–2026 (US$ Mn)
FIG. 15 Global Home Care Market for Mechanical Ventilators, 2016–2026 (US$ Mn)
FIG. 16 Global Ambulatory Care Center Market for Mechanical Ventilators, 2016–2026 (US$ Mn)
FIG. 17 Global Others Market for Mechanical Ventilators, 2016–2026 (US$ Mn)
FIG. 18 U.S. Mechanical Ventilators Market, 2016–2026 (US$ Mn)
FIG. 19 Canada Mechanical Ventilators Market, 2016–2026 (US$ Mn)
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Read full report originally published @ https://www.credenceresearch.com/report/mechanical-ventilators-market

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Contact Info:
Name: Chris Smith
Email: Send Email
Organization: Credence Research
Address: 105 N 1st ST #429, SAN JOSE,, CA 95103, United States
Phone: 18003618290
Website: https://www.credenceresearch.com

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