Dublin, April 18, 2023 (GLOBE NEWSWIRE) -- The "Mechanical Ventilators: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Mechanical Ventilators estimated at US$14.9 Billion in the year 2022, is projected to reach a revised size of US$22.8 Billion by 2030, growing at a CAGR of 5.4% over the analysis period 2022-2030.
Intensive Care, one of the segments analyzed in the report, is projected to record 4.9% CAGR and reach US$15.9 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Portable/Transportable segment is readjusted to a revised 6.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $6.3 Billion, While China is Forecast to Grow at 8.5% CAGR
The Mechanical Ventilators market in the U.S. is estimated at US$6.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2030 trailing a CAGR of 8.5% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.9% and 5.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR.
Select Competitors (Total 82 Featured) -
- Air Liquide Medical Systems
- Allied Healthcare Products, Inc
- Bunnell Inc
- Carl Reiner Gmbh
- Drager Medical Canada, Inc.
- Fisher & Paykel Healthcare Limited
- GE Healthcare
- Getinge AB
- HAMILTON MEDICAL AG
- Medtronic Plc.
- Mindray Medical International Limited
- Philips Respironics, Inc.
- ResMed
- Schiller Healthcare India Pvt. Ltd
- Smiths Medical
- Tecme SA
- Vyaire Medical Inc.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 719 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $14.9 Billion |
| Forecasted Market Value (USD) by 2030 | $22.8 Billion |
| Compound Annual Growth Rate | 5.5% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- All Hands On Deck: The World is Scaling Up to Meet a Multifold Rise in Ventilator Demand
- Global Number of Infections & Patients Requiring Ventilator Support
- Amidst the COVID-19 Pandemic, Regulatory Bodies Ease Approval Process for Ventilators
- Concerns Rise Side Effects of Using Ventilator Usage in COVID-19 Patients
- Mechanical Ventilators: An Introduction
- Evolution of Mechanical Ventilators: A Historical Fact File
- Outlook
- US Leads the Global Mechanical Ventilators Market
- High Unmet Medical Needs Drive Developing Nations
- Cost Benefits to Surge Growth of Non-Invasive Ventilators
- HomeCare Ventilation Amid Rising Healthcare Costs
- Rise in Popularity of Portable Ventilators
- Ways to Leverage Market Potential
- Key Market Challenges
- Global Healthcare Spending: A Review
- Global Healthcare Expenditure (In US$ Trillion) for the Years 2017, 2019, and 2022
- Mechanical Ventilators - Global Key Competitors Percentage Market Share in 2022 (E)
- Recent Market Activity
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Technological Advancements Sustain Future Market Growth
- Select Recent Innovations
- Automation-Enabled Innovation Continues in Mechanical Ventilators Market
- Auto Manufacturers Join the Race to Build Ventilators
- Startups Intensify Efforts to Develop Low Cost Ventilators amidst COVID-19 Crisis
- Mounting Cases of COVID-19 Infections Prompt Researchers to Explore New Approaches to Reduce Need for Ventilator Assistance
- Major Risk Factors Creating Need for Ventilation Support for COVID-19 Patients
- Increasing Prevalence of Chronic Respiratory Diseases Drive Growth
- Global Prevalence of COPD by Age Group: Percentage of Men and Women Affected by the Condition
- Neonatal Ventilators Market Set for Healthy Growth
- Global New Births (in Millions) per Annum by Geographic Region
- Rising Incidence of Neonatal Mortality Rates to Drive Penetration Developing Countries
- Worldwide Neonatal Mortality Rate Estimates by Region: 2000, 2005, 2020, 2015, 2019
- Neonatal Non-Invasive Ventilation: On the Rise
- Lung Injury: A Major Challenge for Neonatal Ventilators Market
- Ventilator Associated Pneumonia (VAP): A Major Menace
- Manufacturers Introduce New Features to Tackle Enduring Issue of Alarm Fatigue
- Advances in Information Technology Enhance Monitoring Multiple Patients on Ventilation
- High Potential for Automatic Transport Ventilators
- Adaptive Support Ventilation: At the Forefront of Innovation
- Aging Population: A Key Demographic Driver
- Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
- RESPIRATORY CONDITIONS REQUIRING MECHANICAL VENTILATORS
- Acute Respiratory Distress Syndrome
- Chronic Obstructive Pulmonary Disease
- Muscular Degenerative Disease
- Spinal Cord Injury
- Pneumonia
- Cystic Fibrosis
- Asthma
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/wj6sme
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