DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/svcnzz/global_mechanical) has announced the addition of the "Global Mechanical Ventilators Market 2014-2018" report to their offering.
The Global Mechanical Ventilators market will grow at a CAGR of 6.78% over the period 2013-2018.
The Global Mechanical Ventilators market has several growth drivers, of which the increasing aging population is one of the major drivers. The aging population is more susceptible to developing respiratory diseases. The growing number of aged patients in ICUs has raised the demand for mechanical ventilators.
The Healthcare industry witnessed a paradigm shift from providing hospital care to home healthcare over the last decade. This has led to the development and adoption of HMV systems to improve the patient's quality of life. For instance, Respironics Trilogy 202 ventilator by Phillips Healthcare offers several ventilation modes and breathing circuit configurations to be used at home. Patients in need of continual or life-long ventilator support are considered a cost burden on hospital administration. Hence, to reduce hospital costs, there has been a growing trend of shifting such patients to non-hospital settings.
Further, the report states that one of the major challenges is the potential complications with mechanical ventilator usage. Some common complications include nasal trauma, tooth avulsion, oral-pharyngeal laceration, laceration of the vocal cords, and tracheal laceration, perforation, and hypoxemia.
The Global Mechanical Ventilators market can be divided into three segments: Critical Care Ventilators, Portable and Transport Ventilators, and Neonatal Ventilators.
- Carefusion Corp.
- Covidien plc
- Drager Medical GmbH
- MAQUET Gmbh & Co. KG
- Phillips Healthcare
Other Prominent Vendors
- Acoma Medical Industry Co. Ltd.
- Bunnell Inc.
- GE Healthcare Ltd.
- HAMILTON MEDICAL AG
- Mindray Medical International Ltd.
- ResMed Inc.
- Smiths Medical
- Teleflex Inc.
For more information visit http://www.researchandmarkets.com/research/svcnzz/global_mechanical