ICU Invasive Ventilator Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Mechanical Ventilator, Electric Turbo Ventilator); Application (Hospitals, Clinics, Others) and Geography
Report Code: TIPRE00025959
| No. of Pages: 150
| Category: Healthcare IT
| Status: Upcoming
Invasive ventilation for the intensive care unit is designed to offer temporary ventilatory and respiratory assistance intended for adult and pediatric patients who cannot breathe or who require assistance to maintain adequate ventilation. Invasive ventilators provide strong support for the patients in ICU, as these devices can offer ventilation by controlling the flow rate, FiO2, and PEEP. Further, the invasive ventilators are specifically designed to apply continuous positive airway pressure to non-intubated adult or pediatric patients. Furthermore, the equipment can be intended for spontaneously breathing patients requiring short-term mechanical assistance. MARKET SCOPE
The "Global ICU Invasive Ventilation Market Analysis to 2028" is a specialized and in-depth examination of the healthcare industry, with a particular emphasis on global market trend analysis. The purpose of this report is to provide an overview of the ICU invasive ventilation market, as well as detailed market segmentation based on product type and application. Additionally, the report offers key statistics on the market status of the leading ICU invasive ventilation market players, as well as key market trends and opportunities. MARKET SEGMENTATION
Based on product type, the market is classified into mechanical ventilator and electric turbo ventilator.
By application, the market is segregated as hospitals, clinics, and others.
MARKET DYNAMICS Drivers-
ICU invasive ventilators avoid intubation and are easier to use once the correct interface is applied.
Invasive ventilators are in high demand owing to their multifaceted application. For example, for patients suffering from right ventricular dysfunction or hypovolemia, respiratory care is offered to premature newborns and others.
ICU invasive ventilators require trained medical professionals for managing setting controls and alarms.
Periodic maintenance for ICU invasive ventilators acts as the most impeding factor responsible for the sluggish growth of the global market.
The report offers a comprehensive overview of the industry, including both qualitative and quantitative data. It provides a global market overview and forecast based on various segments. It also provides market size and forecast estimates for five major regions, namely North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South and Central America (SACA), from 2019 to 2028. Each region's ICU invasive ventilation market is further subdivided by respective countries and segments. The report analyses and forecasts 18 countries globally, as well as the current trend and opportunities in the region.
The report analyses market factors affecting both the demand and supply sides, as well as market dynamics affecting the market during the forecast period, such as drivers, restraints, opportunities, and future trends. The report also includes a comprehensive PEST analysis for each of the five regions, namely North America, Europe, APAC, MEA, and South and Central America after assessing the political, economic, social, and technological factors influencing the ICU invasive ventilation market in these regions.
Impact of COVID-19 on ICU Invasive Ventilation Market
According to the National Center for Biotechnology Information, U.S. National Library of Medicine report, there was an escalating demand for invasive ventilation amid COVID-19. As COVID-19 is associated with respiratory failure, emergency tracheal intubation is a high-risk procedure that increases viral load to healthcare workers and other patients. Additionally, as COVID-19 is a significant cause of adult respiratory distress syndrome (ARDS), invasive ventilation provides gas support exchange in patients failing after treatment with non-invasive ventilation but is variable between countries. The Public Library of Science (PLOS) report states that the utility of invasive mechanical ventilation (IMV) for selected COVID-19 patients suffering from severe ARDS carries a high mortality rate; however, the outcome has improved over the last few months. As mortality from COVID-19 has been reported to be an age-dependent factor that is likely to influence mortality significantly.
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The report covers key developments in the ICU invasive ventilation market with focus on two main strategies such as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies that includes new product launches, product approvals by the authorized bodies, and others such as patents and events. Inorganic growth strategies activities normally includes strategic acquisitions, and partnership & collaborations between the companies. These activities have paved way for the expansion of business and customer base of market players. The market payers from ICU Invasive Ventilation market are anticipated to lucrative growth opportunities in the future with the rising demand for ICU invasive ventilation in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the ICU invasive ventilation market. Also, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, and the key development in the past five years.
Drägerwerk AG & Co. KGaA
Löwenstein Medical Innovation GmbH & Co. KG
Koninklijke Philips N.V.
Becton, Dickinson and Company (BD)
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