Mechanical ventilator is a medical device which is used in the management of patient's breathing problems. It is used for a patients suffering from breathing problems and cannot maintain adequate oxygenation to maintain life. Mechanical ventilators are mainly used in the treatment of respiratory disorders such as, chronic obstructive pulmonary disease (COPD), apnea, asthma, acute lung injury and hypoxemia.
The "Global Mechanical Ventilators Market Analysis to 2028" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of the mechanical ventilators market with detailed market segmentation by mobility, type, mode, interface, end user, and geography. The report provides key statistics on the market status of the leading Mechanical ventilators Market players and offers key trends and opportunities in the market.
- Based on mobility, the global mechanical ventilators market is segmented as intesive care and portable.
- Based on type, the global mechanical ventilators market is segmented as adult, pediatric, neonatal, and infant.
- Based on mode, the global mechanical ventilators market is segmented as volume mode ventilation, pressure mode ventilation, combined mode ventilation, and other mode ventilation.
- Based on interface, the global mechanical ventilators market is segmented as invasive and non-invasive.
- Based on end user, the global mechanical ventilators market is segmented as hospitals, ambulatory care centers, home care setting, and emergency medical services.
- Increasing incidence of respiratory diseases
- Technological developments
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Mechanical ventilators Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Mechanical ventilators Market in these regions.
IMPACT OF COVID-19 ON MECHANICAL VENTILATORS MARKET
COVID-19 was first observed at Wuhan (China) during December 2019. Within just 4 months, the virus infected majority part of Europe and North America. During the third quarter of 2020, US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain were the worst affected countries in terms confirmed cases and reported deaths. Extensive growth in number of hospital admissions due to COVID-19 played a major role in the growth of the market. In addition, majority number of critical patients require an oxygen support to sustain the infection. This factor significantly played a vital role in the growth of mechanical ventilators market during the pandemic.
The report covers key developments in the Mechanical ventilators Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Mechanical Ventillators Market are anticipated to lucrative growth opportunities in the future with the rising demand for customized procedure trays in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Mechanical ventilators Market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Drägerwerk AG & Co. KGaA
- Koninklijke Philips N.V.
- Hamilton Medical
- Ventinova Medical
- Fisher and Paykel Healthcare Limited
- GENERAL ELECTRIC COMPANY
- HEYER Medical AG
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.