Global Mechanical Ventilators Strategic Business Report 2023: Increasing Prevalence of Chronic Respiratory Diseases Drives Growth

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

*About ResearchAndMarkets.com*
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

*Attachment*

· Global Market for Mechanical Ventilators

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