Dublin, Aug. 02, 2024 (GLOBE NEWSWIRE) -- The "Neonatal Ventilators - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Neonatal Ventilators is estimated at US$413.5 Million in 2023 and is projected to reach US$568.9 Million by 2030, growing at a CAGR of 4.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the neonatal ventilators market is driven by several factors. The increasing prevalence of preterm births and the rising incidence of neonatal respiratory disorders are primary drivers of market demand. Advances in medical technology and neonatal care practices have expanded the capabilities and effectiveness of ventilators, making them indispensable in NICUs.
Furthermore, the growing awareness about the importance of early intervention and specialized care for preterm infants is propelling the adoption of neonatal ventilators. The expansion of healthcare infrastructure in emerging markets and increased government funding for neonatal care are also contributing to market growth.
Additionally, the rise in collaborations between medical device manufacturers and healthcare providers is fostering innovation and improving the accessibility of advanced neonatal ventilation solutions. As these trends continue to evolve, the neonatal ventilators market is poised for sustained growth, driven by technological advancements and a heightened focus on improving neonatal outcomes.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Neonatal Ventilators Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Neonatal Ventilators Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Invasive Ventilators segment, which is expected to reach US$374.6 Million by 2030 with a CAGR of a 3.7%. The Non-Invasive Ventilators segment is also set to grow at 6.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $112.7 Million in 2023, and China, forecasted to grow at an impressive 7.5% CAGR to reach $115.4 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Advin Health Care, Air Liquide Medical Systems SA, Airon Corporation, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
Report Attribute | Details |
No. of Pages | 250 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $413.5 Million |
Forecasted Market Value (USD) by 2030 | $568.9 Million |
Compound Annual Growth Rate | 4.7% |
Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- Global Economic Update
- Neonatal Ventilators - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Increasing Prevalence of Preterm Births Propels Demand for Neonatal Ventilators
- Advances in Medical Technology Strengthen Business Case for Advanced Ventilation Solutions
- Rising Incidence of Neonatal Respiratory Disorders Expands Addressable Market Opportunity
- Development of Non-Invasive Ventilation Methods Drives Adoption in NICUs
- Integration of Real-Time Monitoring and Feedback Mechanisms Generates Demand for Modern Ventilators
- User-Friendly Interfaces and Advanced Alarm Systems Strengthen Business Case for Adoption
- Ongoing Research and Development in Lung-Protective Strategies Propel Market Growth
- Rise of Telemedicine and Remote Monitoring Expands Market Reach
- Technological Innovations in Sensor Technology Drive Market Dynamics
- Focus on Reducing Ventilation-Induced Lung Injury Generates Demand for Advanced Ventilation Techniques
- Increasing Number of NICUs and Neonatal Care Centers Expands Market Opportunity
FOCUS ON SELECT PLAYERS (Total 86 Featured)
- Advin Health Care
- Air Liquide Medical Systems SA
- Airon Corporation
- Device Technologies
- Dragerwerk AG & Co. KGaA
- Getinge AB
- Hamilton Medical AG
- ICU Medical, Inc.
- Koninklijke Philips N.V.
- MEDACX Ltd
- Medtronic
- Nihon Kohden Corporation
- Schiller Healthcare India Pvt. Ltd.
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- Soma Tech, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/1ac93o
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