DUBLIN--(BUSINESS WIRE)--The "Global Mechanical Ventilator Market - Industry Trends, Opportunities and Forecasts to 2023" report has been added to ResearchAndMarkets.com's offering.
Global mechanical ventilator market is projected to reach US$2.368 billion by 2023 from US$1.908 billion in 2018, growing at a CAGR of 4.41% over the forecast period
Mechanical ventilators help patients breathe by assisting the inhaling and exhaling process. Factors driving growth in the market are increasing consumption of tobacco-related products, rising prevalence of respiratory diseases, growing demand from emerging economies with higher allocation towards healthcare expenditures, and increasing pollution level on account of rapid urbanization and industrialization.
Geographically, Asia Pacific is expected to witness the highest growth over the projected period attributable to the fast-developing healthcare sector in India, and China, increasing demand from an aging population in Japan and from developed markets like South Korea.
Segmentation
By Type
- Intensive Care
- Portable
By Mode
- Volume
- Pressure
- Dual
- Interactive
- Others
By Technique
- Invasive
- Non-Invasive
By End-User
- Hospitals
- Clinics
- Homecare
-
Others
Companies Mentioned
- Dragerwerk AG
- Philips Healthcare
- Hamilton Medical AG
- Sirius Medical Supply, Inc.
- Fisher and Paykel Healthcare Limited
- GE Healthcare
- Dickinson and Company
- Medtronic Plc
- ResMed Inc.
- HEYER Medical AG
For more information about this report visit https://www.researchandmarkets.com/research/bf88zc/global_1_9?w=4
