DUBLIN--(BUSINESS WIRE)--Research and Markets(http://www.researchandmarkets.com/research/68e544/global_ventilation) has announced the addition of the "Global Ventilation and Accessory Sets Market 2010-2014" report to their offering.
Increase in Respiratory Diseases Driving Adoption of Ventilation and Accessory Sets
Research conducted by TechNavio reveals that the Global Ventilation and Accessory Sets market is expected to grow at a CAGR of 5.7 percent. The report, which focuses on America, EMEA, and APAC, indicates that the market is driven by growing cases of respiratory diseases.
There has been a significant increase in the growth of respiratory diseases and diabetes worldwide in the last few years. This has been driving the manufacture of specialized ventilators for respiratory diseases, thereby resulting in significant market growth, report TechNavio analysts.
In spite of the demand for these equipment, a lack of awareness about refurbished ventilators hinders the growth of this market. However, the shifting focus to home healthcare is expected to promote market growth.
The Global Ventilation and Accessory Sets market is marked by a change in conventional specialized design of ventilators. This makes the study an important one for companies to fully understand the potential in the market and formulate their own strategy.
The report, Global Ventilation and Accessory Sets Market 2010-2014, is based on extensive research and inputs from industry experts, vendors, and end users. It examines the factors impacting the evolution of this market, including the key trends, drivers, and challenges. Further, it contains an in-depth understanding of the key vendors including a SWOT analysis for each vendor.
Key questions answered in this report:
- What will the market size be in 2014 and at what rate will it grow? What key trends will this market witness? What are the key factors driving market growth? What are the challenges to market growth? Who are the key vendors in this market space? What are the opportunities and threats faced by each of these key vendors? What are the strengths and weaknesses of each of these key vendors?
TechNavio analysts forecast that the Global Ventilation and Accessory Sets market will reach $2.48 billion in 2014. One of the key factors contributing to this growth is the increase in the number of respiratory diseases in developed and developing nations. However, the Prospective Payment System (PPS) restriction could pose a challenge to the growth of this market.
The Ventilation and Accessory Sets market has also been witnessing increased focus on after-sales service. Key vendors dominating this market space include Draeger Medical Gmbh, Carefusion, Covidien, Hamilton Medical, Respironics Inc., Maquet, Resmed, and Newport.
TechNavio's report, Global Ventilation and Accessory Sets Market 2010-2014, has been prepared based on in-depth qualitative and quantitative analysis of the market with inputs from industry experts. The report focuses on America, EMEA, and APAC and covers the current market, future prospects, and profiles of major vendors.
Companies Mentioned:
- Draeger Medical Gmbh
- Carefusion
- Covidien
- Hamilton Medical
- Respironics Inc.
- Maquet
For more information visit http://www.researchandmarkets.com/research/68e544/global_ventilation