Adult Ventilators Market is valued at USD 3199.58 Million in 2018 and expected to reach USD 4779.30 Million By 2025 with the CAGR of 5.90 % over the forecast period.
The latest report pertaining to Adult Ventilators Market provides a detailed analysis regarding market size, revenue estimations and growth rate of the industry. In addition, the report illustrates the major obstacles and newest growth strategies adopted by leading manufacturers who are a part of the competitive landscape of this market.
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Market Analysis of Adult Ventilators –
Adult ventilator is additionally referred to as a respirator or breathing device. It is a medical device that gives a patient with oxygen once patients are unable to breathe well enough to provide oxygen to the brain and body. During any surgery that needs general anesthesia, a ventilator is important. There also are times when a ventilator is required after surgery, because the patient might not be ready to breathe on their own immediately after the procedure. Application of the Adult ventilators requires both knowledge of medical science along with an understanding of the equipment functions. Extremely sophisticated machines require special training and expertise to form ventilator systems clinically capable of helping all type of patients. There are three primary types of ventilators currently in use. Each specific type adjusts the flow of air into the patient, based on one of three cycles. Normal breathing consists of an average tidal volume (VT) of 5 ml/kg; most mechanical ventilations occur at a VT of 10 ml/kg.
Global adult ventilators market report is segmented on product type, application and regional & country level. Based upon product type, global adult ventilators market is classified into intensive care ventilators and portable/transportable ventilators. Based upon application, global adult ventilators market is classified into hospitals and clinics, home care, ambulatory care centers and emergency medical services (EMS).
The regions covered in this global adult ventilators market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of adult ventilators market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Adult Ventilators Manufacturers:
Some major key players for global Adult ventilators market are,
- Philips Healthcare
- Medtronic Becton
- Smiths Group
- Hamilton Medical
- GE Healthcare
- Fisher & Paykel
Global Adult Ventilators Market Dynamic Analysis –
Rising prevalence of respiratory diseases including COPD and asthma and the rapid growth in the global geriatric population which will support the industry growth during the forecast period. According to World Health Organization (WHO), respiratory diseases are leading causes of death and disability in the world.
According to WHO, about 65 million people suffer from chronic obstructive pulmonary disease (COPD) and 3 million die from it each year, making it the third leading cause of death worldwide. Additionally, urbanization and growing pollution levels, high prevalence of tobacco smoking, and unhealthy lifestyle habits are contributing to the rise in the number of cases of respiratory and cardiovascular diseases, thus these factors driving the demand for adult ventilator systems. According to WHO, tobacco use is the most important risk factor for cancer and is responsible for approximately 22% of cancer deaths. Moreover, the introduction and widespread use of ventilation has transformed the management and survival of patients with an acidotic exacerbation of chronic obstructive pulmonary disease (COPD) and other pulmonary disease. Thus, the demand for ventilators is rising with growing incidence of pulmonary diseases and secondary shortness of breath in patients with other chronic diseases including cardiovascular and neurological diseases. However, complications associated with the use of adult ventilators and the high cost of device maintenance along with that high costs treatments may restrict the growth of this market to some amount. However, harmful effects of certain devices pose great challenge for the growth of this market. Moreover, infrastructural advancements in the medical and healthcare industry in the field of global adult ventilators market for chronic respiratory diseases treatment are projected to generate more opportunities for the growth of the global dental chair market during the forecast period.
North America is expected to dominate the global Adult Ventilators market
North America is likely to drive the growth of the global adult ventilators market, due to the rising geriatric population, prevalence of respiratory diseases and highly developed healthcare system. High healthcare expenditure and presence of major market players in the US are the key factors driving the adult ventilators market in North America. According to American cancer society, there will be an estimated 1,762,450 new cancer cases diagnosed and 606,880 cancer deaths in the United States in 2019.
Asia Pacific region is the second largest share in the market due to increase in major factors such as increasing geriatric population and large number of populations requiring ventilator support with rising incidence of various pulmonary especially in India and China. Thus these factors will propel the adult ventilators market growth. The population base with various pulmonary diseases such as COPD, asthma, and lung cancer is increasing in the region due to rising pollution level with urbanization, growing number of tobacco consumers and increasing aging population.
Key Benefits for Global Adult Ventilators Market Reports –
Global market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
Global Adult Ventilators Market Segmentation –
By Products:- Intensive Care Ventilators, Portable/Transportable Ventilators
By Application:- Hospitals and Clinics, Home Care, Ambulatory Care Centers, Emergency Medical Services (EMS)
Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
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