The respiratory ventilator tester is used for direct measurement for flow, volume, pressure, and oxygen. It is made for medical and laboratory applications and is correctly applied to test ventilators. The prime advantages of it are its high measuring accuracy and ergonomic use. It can be used as a vast spectrum of use, which enables this meter to stand as a perfect unit for surveying and testing functions. Pressure and flow can be shown graphically, saved, and printed.
The market is segmented by product, application, end-user and geography.
The growth of the respiratory ventilator tester market is mainly attributed to factors such as high prevalence of respiratory diseases, increasing geriatric population. However, the market is likely to get negatively impacted by the unfavourable reimbursement scenario during the forecast period.
Fluke Biomedical, Rigel medical, and WEINMANN Emergency Medical Technology -Notable Market Players in Respiratory Ventilator Tester Market
Market leaders operating in the market have undertaken various organic growth strategies in the respiratory ventilator tester market. The respiratory ventilator tester market majorly consists of the players such as BC Group International Inc., WEINMANN Emergency Medical Technology, Magnamed, Datrend Systems Inc., TSI Incorporated, IMT Analytics AG, THOR, RIGEL MEDICAL, Fluke Corporation, EKU Elektronik GmbHamong others. Several in organic approaches, such as mergers & acquisitions and collaboration in the respiratory ventilator tester market, have resulted in the positive growth of the market.
Mergers & Acquisitions help the company to strengthen its revenue, which allows the company to hold a strong position in the market. Similarly, utilizing expansion activities, it is easy to venture into untapped economies and use the opportunities being offered.
Below is the list of the growth strategies done by the players operating in the respiratory ventilator tester market:
| Year | News |
| Jan-2018 | Fluke Biomedical launched VT650 and VT900 Gas Flow Analyzers. The VT650 and VT900 offers highest accuracy and reliability for gas flow and respiratory medical equipment testing, including ventilators, flow meters, pressure gauges, and anesthesia and other machines. |
| Feb-2016 | Rigel medical launched VenTest 800 gas flow analyzer for Accurate Verification of Ventilator Performance. |
| Jul-2020 | The medical device manufacturer WEINMANN Emergency obtained short-term assistance from the Aviation Cluster to improve the development of desperately needed ventilators. To date, 12 employees have been provided by the industry-leading personnel service provider AviationPower. |
