DUBLIN--(BUSINESS WIRE)--The "Mechanical Ventilators - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Mechanical Ventilators estimated at US$9.2 Billion in the year 2020, is projected to reach a revised size of US$17.1 Billion by 2027, growing at a CAGR of 9.2% over the period 2020-2027.
Intensive Care, one of the segments analyzed in the report, is projected to record 8.6% CAGR and reach US$12.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Portable/Transportable segment is readjusted to a revised 10.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $3.9 Billion, While China is Forecast to Grow at 12.4% CAGR
The Mechanical Ventilators market in the U.S. is estimated at US$3.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2027 trailing a CAGR of 12.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.4% and 9.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.9% CAGR.
Select Competitors (Total 82 Featured) -
- Air Liquide Medical Systems
- Allied Healthcare Products, Inc
- Bunnell Inc
- Carl Reiner Gmbh
- Drager Medical Canada, Inc.
- Fisher & Paykel Healthcare Limited
- GE Healthcare
- Getinge AB
- HAMILTON MEDICAL AG
- Medtronic Plc.
- Mindray Medical International Limited
- Philips Respironics, Inc.
- ResMed
- Schiller Healthcare India Pvt. Ltd
- Smiths Medical
- Tecme SA
- Vyaire Medical Inc.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- All Hands On Deck: The World is Scaling Up to Meet a Multifold Rise in Ventilator Demand
- Global Number of Infections & Patients Requiring Ventilator Support
- Amidst the COVID-19 Pandemic, Regulatory Bodies Ease Approval Process for Ventilators
- Concerns Rise Side Effects of Using Ventilator Usage in COVID-19 Patients
- Mechanical Ventilators: An Introduction
- Evolution of Mechanical Ventilators: A Historical Fact File
- Outlook
- US Leads the Global Mechanical Ventilators Market
- High Unmet Medical Needs Drive Developing Nations
- Cost Benefits to Surge Growth of Non-Invasive Ventilators
- HomeCare Ventilation Amid Rising Healthcare Costs
- Rise in Popularity of Portable Ventilators
- Ways to Leverage Market Potential
- Key Market Challenges
- Global Healthcare Spending: A Review
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Technological Advancements Sustain Future Market Growth
- Select Recent Innovations
- Automation-Enabled Innovation Continues in Mechanical Ventilators Market
- Auto Manufacturers Join the Race to Build Ventilators
- Startups Intensify Efforts to Develop Low Cost Ventilators amidst COVID-19 Crisis
- Mounting Cases of COVID-19 Infections Prompt Researchers to Explore New Approaches to Reduce Need for Ventilator Assistance
- Major Risk Factors Creating Need for Ventilation Support for COVID-19 Patients
- Increasing Prevalence of Chronic Respiratory Diseases Drive Growth
- Neonatal Ventilators Market Set for Healthy Growth
- Rising Incidence of Neonatal Mortality Rates to Drive Penetration Developing Countries
- Neonatal Non-Invasive Ventilation: On the Rise
- Lung Injury: A Major Challenge for Neonatal Ventilators Market
- Ventilator Associated Pneumonia (VAP): A Major Menace
- Manufacturers Introduce New Features to Tackle Enduring Issue of Alarm Fatigue
- Advances in Information Technology Enhance Monitoring Multiple Patients on Ventilation
- High Potential for Automatic Transport Ventilators
- Adaptive Support Ventilation: At the Forefront of Innovation
- Aging Population: A Key Demographic Driver
- RESPIRATORY CONDITIONS REQUIRING MECHANICAL VENTILATORS
- Acute Respiratory Distress Syndrome
- Chronic Obstructive Pulmonary Disease
- Muscular Degenerative Disease
- Spinal Cord Injury
- Pneumonia
- Cystic Fibrosis
- Asthma
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/ep3ds8