Asia-Pacific Ventilator Market By Product type (Intensive Care Ventilators, Portable Ventilators and Neonatal Ventilators), Modality (Non-Invasive Ventilation and Invasive Ventilation), Type (Adult, Paediatric and Neonatal), Mode (Combined- Mode Ventilation, Volume- Mode Ventilation, Pressure- Mode Ventilation and Other), End User (Hospitals and Clinics, Home Care, Ambulatory Centres, Speciality Clinics, Rehabilitation Centres, Long Term Care Centres, Homecare Settings and Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Data Bridge Market Research analyses that the ventilator market will exhibit a CAGR of around 9.50% for the forecast period of 2021-2028. Increasing cases of chronic diseases, upsurge in the demand and supply of ICU beds, rising number of preterm births and emerging technologies of neonatal care are the major factors attributable to the growth of ventilator market.
A ventilator assists a patient who is facing difficulty in breathing on his/her own. Ventilators are responsible for supplying oxygen to the patient’s body and extract the carbon dioxide. In other words, the major function of ventilators is to provide mechanical ventilation by moving breathable air in and out of the lungs.
Rising technological innovations in the ventilators by the major manufacturers is one of the major factors inducing growth in the demand for ventilators. Rising prevalence of chronic and respiratory disorders and ever-rising geriatric population susceptible to such disorders are some other indirect market growth determinants. The recent coronavirus outbreak has further propelled growth in the demand for ventilators globally.
However, lack of adequate reimbursement scenario in the developing and underdeveloped economies will derail the market growth rate. Also, high costs of associated with the ventilator will further pose a challenge to the market growth. Stringent regulations imposed by the government on the approval of new technologies will also hamper the market growth rate. Also, fall in the demand for invasive medical ventilation will create hindrances.
This ventilator market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the ventilator market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Asia-Pacific Ventilator Market Scope and Market Size
The ventilator market is segmented on the basis of product type, modality, type, mode and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the market is segmented into intensive care ventilators, portable ventilators and neonatal ventilators. Intensive care ventilators are further sub-segmented into high-end ICU ventilators, basic ICU ventilators and mid-end ICU ventilators.
- On the basis of modality, the market is segmented into non-invasive ventilation and invasive ventilation. Non-invasive ventilation is further sub-segmented into volume-cycled ventilators, pressure-cycled ventilators, continuous positive airway pressure ventilators, bi-level positive airway pressure ventilators, flow-cycled ventilators and time-cycled ventilators.
- On the basis of type, the market is segmented into adult ventilators, neonatal ventilators and paediatric ventilators.
- On the basis of mode, the market is segmented into combined- mode ventilation, volume- mode ventilation, pressure- mode ventilation and other.
- On the basis of end user, the market is segmented into hospitals, ambulatory surgery centres, specialty clinics, long term care centres, rehabilitation centres and homecare settings and others.
Asia-Pacific Ventilator Market Country Level Analysis
The ventilator market is analysed and market size insights and trends are provided by product type, modality, type, mode and end user as referenced above.
The countries covered in the ventilator market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific ventilator market is undergoing substantial gains and will continue to growth during the forecast period. This is because of the increased expenditure for the healthcare infrastructure development. Upsurge in the occurrence rate of pulmonary diseases and respiratory diseases are other factors fostering the growth in this region.
The country section of the ventilator market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Ventilator market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for digital health technologies market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the ventilator market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Asia-Pacific Ventilator Market Share Analysis
The ventilator market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to ventilator market.
The major players covered in the ventilator market report are Air Liquide, Hamilton Medical, Medtronic, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Fisher & Paykel Healthcare Limited., Getinge AB, Smiths Group plc, ACUTRONIC Medical Systems AG, Drägerwerk AG & Co. KGaA, Cepheid, Bunnell Incorporated, Leistung Equipamentos LTDA, Penlon Limited, ResMed, VYAIRE., ZOLL Medical Corporation, MAGNAMED, HEYER Medical AG, Allied Healthcare Products, Inc. and GENERAL ELECTRONIC COMPANY among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Asia-Pacific Ventilator Market
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