Mechanical Ventilators Market Analysis, Size, Growth, Share & Forecast to 2026 | Grand View Research Inc.
“Mechanical Ventilators Market Worth $7.13 Billion By 2026 | CAGR: 6.6%”
The global mechanical ventilators market size is expected to reach USD 7.13 billion by 2026 registering a CAGR of 6.6%, according to a new report by Grand View Research Inc. Growing geriatric population and technological innovation in respiratory care devices are the major factors driving the market. Moreover, increasing incidence of Chronic Obstructive Pulmonary Disease (COPD) and respiratory emergencies is contributing to the market expansion. On the other hand, budgetary constraints faced by the ventilator manufacturers and healthcare may impede this growth. However, innovations in the field of Positive Airway Pressure (PAP) devices and improvement in battery life of transport and portable devices are projected to have a positive impact on the mechanical ventilators market growth. According to the estimates by the WHO, currently, approximately 90% of COPD deaths occur in lowand middle-income countries. Therefore, rise in prevalence of such diseases along with the introduction and availability of portable, cost-effective, and easy-to-use products for the treatment of respiratory conditions is expected to drive the market in the years to come. Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/mechanical-ventilators-market
Further key findings from the study suggest: •
Critical care ventilators are expected to account for over 39% of the overall market share by 2026 owing to the technological advancements, such as Spontaneous Breathing Trial (SBT) and AutoTrak
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Transport and portable product segment is expected to record the highest CAGR of 7.24% during the forecast years. These devices are widely used in hospitals as they provide faster and continuous care to patients even prior to their arrival in the hospital premises
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North America is the dominant regional market, in terms of revenue, owing to growing geriatric population, which is leading to a corresponding rise in the incidences of respiratory disorders
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Asia Pacific and Latin America are expected to witness lucrative growth over the forecast period due to the presence of untapped opportunities, rising expenditure levels, and favorable government initiatives
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Some of the key companies in the market include Draeger Medical, GE Healthcare, Koninklijke Philips N.V., Teleflex, and Smiths Medical
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These companies focus on product development to improve their global presence and ensure sustainability
Grand View Research has segmented the global mechanical ventilators market on the basis of product and region: Mechanical Ventilators Product Outlook (Revenue, USD Million, 2015 - 2026) • Critical Care
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o
Ventilators
o
Accessories
Neonatal o
Ventilators
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Accessories
Transport & Portable o
Ventilators
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Accessories
Others
Table of Contents Chapter 1. Methodology and Scope 1.1. Research methodology 1.2. Research scope & assumption 1.3. List of data sources Chapter 2. Executive Summary 2.1. Liver diseases therapeutics - Industry Summary and Key Buying Criteria, 2012 - 2022 Chapter 3. Liver diseases therapeutics Industry Outlook 3.1. Liver diseases therapeutics market segmentation 3.2. Liver diseases therapeutics market size and growth prospects, 2012-2022
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3.3. Liver diseases therapeutics market dynamics 3.3.1. Market driver analysis 3.3.2. Market restraint analysis 3.4. Key opportunities prioritized 3.5. Industry analysis - Porter's 3.6. Liver diseases therapeutics: Company market share, 2014 3.7. Liver diseases therapeutics market PESTEL analysis, 2014 Chapter 4. Liver diseases therapeutics Product Outlook 4.1. Liver diseases therapeutics market share by product, 2014 & 2022 4.2. Anti-Viral Drugs market estimates and forecasts, 2012 - 2022 (USD Million) 4.3. Vaccines market estimates and forecasts, 2012 - 2022 (USD Million) 4.4. Chemotherapy market estimates and forecasts, 2012 - 2022 (USD Million) 4.5. Targeted therapy market estimates and forecasts, 2012 - 2022 (USD Million) 4.6. Immunosuppressants market estimates and forecasts, 2012 - 2022 (USD Million) 4.7. Immunoglobulins market estimates and forecasts, 2012 - 2022 (USD Million) 4.8. Corticosteroids market estimates and forecasts, 2012 - 2022 (USD Million) Continue…………………. About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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