Getinge AB., Medtronic and Dragerwerk AG & Co. KGaA are dominating the market for Asia Pacific ICU Ventilators Market in 2018

Getinge AB.

The company was founded in 1904, headquarter in Gothenburg, Sweden. The company is providing products and solutions to healthcare and life sciences. The main business segments of the company are Acute Care Therapies, Surgical Workflows, Life Science.  The revenue of the company is USD 2,808.8 Million.  Number of employees is More than 10,000 employees. The company has global presence in Americas, EMEA, APAC

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  • In September 2016, SERVO-U, the product of Getinge Group, outperforms competitors on safety and user experience. It perceived usability and workload which benefits in the safety and user experience.

Medtronic

The company was founded in 1949, headquarter in Dublin, Ireland. Company is engaged in offering medical technologies through services and solutions. The main business segments of the company are Cardiac and Vascular Group, Minimally Invasive Therapies Group, Restorative Therapies Group, Diabetes Group.  The revenue of the company is USD 29,953.0 Million. Number of employees is 91,000. The company has global presence in Eastern Europe, Middle East, Asia Pacific, Africa, South America, North America, Middle East, Western Europe, South Asia, and Central Asia.

  • In December 2018, Medtronic is taking corrective action for the PB980 ventilator series. Medtronic issues software update for same to address customer feedback. FDA has classified this action as a Class I recall Puritan Bennett 980 ventilator which is a mechanical ventilator. It is used to help a patient's breathing in an acute and or critical care clinical setting for neonatal, pediatric, and adult patients.

Dragerwerk AG & Co. KGaA

Dragerwerk AG & Co. KGaA was founded in 1889 and headquartered in Lubeck, Germany. Company is leading international company in the field of medical and safety technology. The main business segments of the company are Europe, Americas, and Africa, Asia and Australia. The product categories are Accessories and Consumables, Anaesthesia Workstations, Breath Alcohol and Drug Testing, Clinical Information Systems, Medical Lights and Videosystems, OEM Products & Components, Patient Monitoring, Thermoregulation and jaundice management, Ventilation and Respiratory monitoring , Medical Supply Systems, Services. The revenue of the company is USD 2569.52 Million.  Number of employees is more than 13,000. The company has global presence in Europe North, North America, Middle East & Africa, Asia Pacific,  Europe Central, Central & South America, Europe South.

  • In June 2017, the company launched Savina 300 Select: The turbo in the ICU. It is a device for all ventilation phases. This product has 8 years warranty for Savina 300 Select turbine which will help longer for the end users to treat patients.

Market Developments:

  • In April 2018, VYAIRE, has acquired Acutronic Medical Systems (Switzerland) and, separately completed an agreement to acquire imtmedical AG (Switzerland). This acquisition helps to enhance the portfolio of Vyaire
  • In October 2018, a new software with IntelliSync+ for HAMILTON-G5/S1 was introduced which is helping in the growth of the ventilator market. In this the waveform shapes are analysed by the expert’s eye due to the IntelliSync+ option which may help in the better results.
  • In December 2018, HAMILTON-C6 simulation software has been introduced in the market which is ultimately helping the growth of ventilation market with advanced features.
  • In November 2017, HEYER Medical AG established their office in Riadh. This allows the company to provide their products in this location in a short period of time.
  • In May 2017, Oxylog VE300, which is manufactured by Drägerwerk AG & Co. KGaA was launched, which is a sturdy life saver ventilator that can be used for responding the emergency patients and can also be used in emergency service to benefit patient’s health.
  • In February 2017, HEYER Medical AG announced that the company has entered into a strategic cooperation agreement with Shanghai Tian Ying Medical Instrument Co., Ltd. (China). Due to this agreement the number of significant growth opportunities has been increased for HEYER Medical AG and HEYER’s anesthesia machines.
  • In September 2015, Koninklijke Philips N.V. has launched Respironics V680 ventilator in Canada, which is a new two-in-one life support ventilator. It is designed for smooth transition from ventilation to natural breathing which may help to increase patient care.
  • In November 2018, a new respiratory ventilator- V60, of the company, received a regulatory approval which has been designed to improve and enhance the equipment efficiency and workflow of professionals. In respiratory failure, It is used for early intervention.