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Jun, 21 2023

Intensive Care Unit (ICU) Ventilators Assists Breathing among Patients

Intensive Care Unit (ICU) ventilators assist breathing in patients suffering from various chronic diseases. ICU ventilators assist in the treatment and management of numerous diseases such as pneumonia, brain injury, heart diseases, and other severe diseases. ICU delivers a measured, beneficial dose of compressed gases, which include oxygen and air, to the lungs of patients who are not able to breathe on their own. ICU ventilators are existing in different models and designs, according to the patient's needs. Pressure-controlled ventilation and volume-controlled ventilation are some of the methods used for delivering a controlled volume of air or oxygen to the lungs. ICU ventilators provide Positive End-expiratory Pressure (PEEP), which helps in the prevention of atelectasis.  

According to Data Bridge Market Research the Intensive Care Unit (ICU) Ventilators Market accounted for USD 2,001.624 million in 2022, and expected to reach USD 3,732.40 million by 2030. The market is expected to grow with a CAGR of 8.1% in the forecast period of 2023 to 2030.

                   “Increasing prevalence of respiratory disorders”

The increasing prevalence of respiratory diseases and the mounting prevalence of chronic obstructive pulmonary disease (COPD) such as sleep apnea, acute lung injury, and hypoxemia, among the people, are increasing the usage of intensive care unit (ICU) ventilators. In addition, the increasing number of preterm births leading to respiratory diseases in the region and the rapidly mounting geriatric population in major economies are further increasing the demand of intensive care unit (ICU) ventilators. Along with this, the high prevalence of tobacco smoking, which is a major factor leading to several respiratory diseases is driving the market’s growth in the Asia-Pacific region.  

What restraints the growth of the intensive care unit (ICU) ventilators market?

“Risks associated with the ventilators usage”

There are several dangers and risks associated with the usage of ICU ventilators which is a major factor hindering the market’s growth. One of the major risks is that it is essential to breathe more mechanically owing to the risk of infection from germs inflowing through the artificial airway. Furthermore, repetitive opening and closing of the tiny air sacs inside the lungs can lead to major issues such as lung damage. As there are several risks and dangers associated with the application of intensive care unit (ICU) ventilators people are widely preferring other alternatives.

Segmentation: Asia-Pacific Intensive Care Unit (ICU) Ventilators Market

The intensive care unit (ICU) ventilators market is segmented on the basis product type, type, mode and end user.

  • On the basis of product type, the intensive care unit (ICU) ventilators market is segmented into high-end ICU ventilators, basic ICU ventilators, and mid-end ICU ventilators.
  • On the basis of type, the intensive care unit (ICU) ventilators market is segmented into adult ventilators, neonatal ventilators, and paediatric ventilators.
  • On the basis of mode, the intensive care unit (ICU) ventilators market is segmented into combined-mode ventilation, volume-mode ventilation, pressure-mode ventilation, other.
  • On the basis of end user, the intensive care unit (ICU) ventilators market is segmented into hospitals, specialty clinics, long term care centres, and rehabilitation centres.

Regional Insights: Japan dominates the Asia–Pacific Intensive Care Unit (ICU) Ventilators Market

Japan dominates the Asia-Pacific intensive care unit (ICU) ventilators market, because of the rising number of chronic diseases, ICU beds, preterm births, and emerging neonatal care technologies. The rapidly growing industrialization in the region is leading to increasing pollution which further increases the demand for intensive care unit (ICU) ventilators in the region.

To know more about the study visit, https://www.databridgemarketresearch.com/reports/asia-pacific-icu-ventilators-market

Recent Developments in Intensive Care Unit (ICU) Ventilators Market

  • In 2020, The FDA's EUA authority granted Medtronic permission to use PB560 in the US. In the past, the company sent out about 300 ventilators each week. To combat the epidemic, it planned to increase production from 300 to 700 ventilators weekly.
  • In 2020, Getinge AB increased 60% of its ventilator manufacturing capacity to meet the needs of intensive care units due to the Covid-19 pandemic. By increasing their production capacity, the company expands their product portfolio in the market.

The Prominent Key Players Operating in the Intensive Care Unit (ICU) Ventilators Market Include:

  • Koninklijke Philips N.V. (Netherlands)
  • Getinge AB (Sweden)
  • ResMed (U.S.)
  • Medtronic (Ireland)
  • Fisher & Paykel Healthcare Limited (New Zealand)
  • Avasarala Technologies Limited (India)
  • Allied Healthcare Products, Inc. (U.S.)
  • Shenzhen Mindray Bio-Medical Electronics Co., Ltd, (China)
  • Drägerwerk AG & CO. KGAA (Germany)
  • Nihon Kohden Corporation (Japan)
  • Asahi Kasei Corporation (Japan)
  • Air Liquide (France)
  • Vyaire (U.S.)
  • General Electric (U.S.)
  • Hamilton Medical (Switzerland)
  • Smiths Group plc (U.K.)
  • aXcent Medical (Germany)
  • Metran Co., Ltd (Japan)
  • Airon Corporation (Florida)
  • TRITON Electronic Systems Ltd. (Russia)
  • Bio-Med Devices, (U.S.)
  • Hill-Rom Holdings, Inc. (U.S.)
  • HEYER Medical AG (Germany)

Above are the key players covered in the report, to know about more and exhaustive list of intensive care unit (ICU) ventilators market companies contact, https://www.databridgemarketresearch.com/contact

Research Methodology: Asia-Pacific Intensive Care Unit (ICU) Ventilators Market

Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Asia-Pacific vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.


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