Mechanical Ventilator Market Projected to Grow at 12.82% CAGR, Surpassing $18.6 Billion by 2030

WILMINGTON, DELAWARE, UNITED STATES, May 27, 2024 /EINPresswire.com/ -- Allied Market Research has recently unveiled a research study titled "Mechanical Ventilator Market Outlook and Forecast 2021-2030." This report delivers a comprehensive analysis of market risks, spotlights opportunities, and provides essential support for strategic and tactical decision-making spanning from 2021 to 2030. The study categorizes the market by pivotal regions propelling its growth and commercialization. Moreover, the report encompasses vital insights into market research and development, growth catalysts, and the evolving investment landscape within Mechanical Ventilator. It also includes profiles of key industry players, such as ASAHI KASEI CORPORATION (ZOLL MEDICAL CORPORATION), SMITHS GROUP PLC., HAMILTON MEDICAL AG, MEDTRONIC PLC., VYAIRE MEDICAL INC., KONINKLIJKE PHILIPS N.V. (PHILIPS), GENERAL ELECTRIC COMPANY (GE HEALTHCARE), DRAEGERWERK AG & CO. KGaA, CARL REINER GmbH, MINDRAY MEDICAL INTERNATIONAL LIMITED, GETINGE AB (MAQUET HOLDING B.V. & CO. KG)

𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞: https://www.alliedmarketresearch.com/mechanical-ventilators-market

𝐌𝐞𝐜𝐡𝐚𝐧𝐢𝐜𝐚𝐥 𝐕𝐞𝐧𝐭𝐢𝐥𝐚𝐭𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐬: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐌𝐞𝐜𝐡𝐚𝐧𝐢𝐜𝐚𝐥 𝐕𝐞𝐧𝐭𝐢𝐥𝐚𝐭𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 $4.6 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 2020, 𝐚𝐧𝐝 𝐢𝐬 𝐞𝐬𝐭𝐢𝐦𝐚𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 $18.6 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 2030, 𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐚𝐭 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 12.82% 𝐟𝐫𝐨𝐦 2021 𝐭𝐨 2030.

𝐌𝐞𝐜𝐡𝐚𝐧𝐢𝐜𝐚𝐥 𝐕𝐞𝐧𝐭𝐢𝐥𝐚𝐭𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬:

◉ Rising Respiratory Diseases:
The escalating prevalence of respiratory diseases, including chronic obstructive pulmonary disease (COPD), pneumonia, and acute respiratory distress syndrome (ARDS), is a primary driver. The increasing incidence of these conditions necessitates advanced mechanical ventilation solutions.

◉ Global Aging Population:
With a growing aging population worldwide, there is an increased susceptibility to respiratory issues and other health complications. Mechanical ventilators play a crucial role in providing life support for elderly individuals with compromised respiratory function.

◉ COVID-19 Pandemic Impact:
The global COVID-19 pandemic has underscored the importance of mechanical ventilators in managing severe respiratory complications associated with the virus. The surge in demand during the pandemic has accelerated technological advancements and increased manufacturing capabilities.

◉ Technological Advancements:
Ongoing advancements in mechanical ventilation technology contribute to the market's growth. Innovations such as portable ventilators, smart ventilator systems, and improved user interfaces enhance patient care and provide healthcare professionals with better tools for monitoring and adjusting ventilation parameters.

◉ Increased Surgical Procedures:
The rising number of surgical procedures, particularly in critical care and operating room settings, contributes to the demand for mechanical ventilators. Ventilators are essential in maintaining proper respiratory function during surgeries, ensuring patient safety and recovery.

◉ Growing Intensive Care Unit (ICU) Admissions:
The expanding number of ICU admissions, driven by various medical conditions and emergencies, necessitates the availability of advanced mechanical ventilators. These devices are critical in managing patients requiring respiratory support in intensive care settings.

◉ Focus on Home Healthcare:
There is a growing trend towards home healthcare, and mechanical ventilators are increasingly being designed for use in home settings. This trend is driven by the desire to reduce hospital stays, improve patient comfort, and provide cost-effective healthcare solutions.

◉ Government Initiatives and Funding:
Supportive government initiatives and funding for healthcare infrastructure development, especially in emerging economies, contribute to the market's growth. Investments in critical care equipment, including mechanical ventilators, enhance healthcare facilities and capabilities.

◉ Awareness and Education Programs:
Increased awareness regarding the benefits of mechanical ventilation in critical care scenarios and educational programs for healthcare professionals contribute to the adoption of these devices. Enhanced understanding of respiratory care drives the demand for advanced ventilator solutions.

𝐂𝐥𝐢𝐜𝐤 𝐓𝐨 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲: https://www.alliedmarketresearch.com/request-sample/453

𝐓𝐡𝐞 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐚𝐧𝐝 𝐬𝐮𝐛-𝐬𝐞𝐜𝐭𝐢𝐨𝐧 𝐨𝐟 𝐌𝐞𝐜𝐡𝐚𝐧𝐢𝐜𝐚𝐥 𝐕𝐞𝐧𝐭𝐢𝐥𝐚𝐭𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐬𝐡𝐨𝐰𝐧 𝐛𝐞𝐥𝐨𝐰:

𝐁𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞:

● Intensive Care Unit/Critical Care

● Transport/Portable/Ambulatory

● Neonatal Care

𝐁𝐲 𝐂𝐎𝐌𝐏𝐎𝐍𝐄𝐍𝐓:

● Devices

● Services

𝐁𝐲 𝐌𝐎𝐃𝐄:

● Noninvasive Ventilation

● Invasive Ventilation

𝐁𝐲 𝐀𝐆𝐄 𝐆𝐑𝐎𝐔𝐏:

● Pediatric & Neonatal

● Adult

● Geriatric

𝐁𝐲 𝐄𝐍𝐃 𝐔𝐒𝐄𝐑:

● Hospital & Clinic

● Home Care

● Ambulatory Surgical Center

● Others

𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 involved in the Market are ASAHI KASEI CORPORATION (ZOLL MEDICAL CORPORATION), SMITHS GROUP PLC., HAMILTON MEDICAL AG, MEDTRONIC PLC., VYAIRE MEDICAL INC., KONINKLIJKE PHILIPS N.V. (PHILIPS), GENERAL ELECTRIC COMPANY (GE HEALTHCARE), DRAEGERWERK AG & CO. KGaA, CARL REINER GmbH, MINDRAY MEDICAL INTERNATIONAL LIMITED, GETINGE AB (MAQUET HOLDING B.V. & CO. KG)

𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐒𝐡𝐚𝐩𝐢𝐧𝐠 𝐭𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐌𝐞𝐜𝐡𝐚𝐧𝐢𝐜𝐚𝐥 𝐯𝐞𝐧𝐭𝐢𝐥𝐚𝐭𝐨𝐫 𝐦𝐚𝐫𝐤𝐞𝐭
In September 2023, a patent was awarded to engineers at Villanova for the NovaVent Mechanical Ventilator, a cost-effective solution.
Draeger Medical, Inc. issued a recall for its Carina Ventilators in August 2023 because of contaminants found in the device's airpath. These contaminants are at levels considered unacceptable for pediatric patients using the device for over 30 days. This recall has been classified as Class I by the Food and Drug Administration, indicating a serious risk of injury or death.
The FDA approved the Servo-air Lite, a gas-independent, non-invasive mechanical ventilator by Getinge, in July 2023.
Also in July 2023, Portsmouth Aviation revealed its innovative negative pressure ventilator system, which is set to proceed to production and clinical trials.

𝐈𝐟 𝐨𝐩𝐭𝐢𝐧𝐠 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐯𝐞𝐫𝐬𝐢𝐨𝐧 𝐨𝐟 𝐌𝐞𝐜𝐡𝐚𝐧𝐢𝐜𝐚𝐥 𝐕𝐞𝐧𝐭𝐢𝐥𝐚𝐭𝐨𝐫; 𝐭𝐡𝐞𝐧 𝐛𝐞𝐥𝐨𝐰 𝐜𝐨𝐮𝐧𝐭𝐫𝐲 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐰𝐨𝐮𝐥𝐝 𝐛𝐞 𝐢𝐧𝐜𝐥𝐮𝐝𝐞𝐝:

– North America (USA, Canada and Mexico)

– Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland and Rest of Europe)

– Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia and Rest of APAC)

– South America (Brazil, Argentina, Chile, Colombia, Rest of countries etc.)

– Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)

𝐊𝐞𝐲 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐀𝐧𝐬𝐰𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐭 𝐒𝐭𝐮𝐝𝐲

What is the market size and growth rate of the global and regional market by various segments?
What is the market size and growth rate of the market for selective countries?
Which region or sub-segment is expected to drive the market in the forecast period?
What Factors are estimated to drive and restrain the market growth?
What are the key technological and market trends shaping the market?
What are the key opportunities in the market?
What are the key companies operating in the market?
Which company accounted for the highest market share?

𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐚𝐛𝐨𝐮𝐭 𝐌𝐞𝐜𝐡𝐚𝐧𝐢𝐜𝐚𝐥 𝐕𝐞𝐧𝐭𝐢𝐥𝐚𝐭𝐨𝐫

Mechanical Ventilator Market Size (Sales) Market Share by Type (Product Category)

Mechanical Ventilator Market by Application/End Users

Mechanical Ventilator (Volume) and Market Share Comparison by Applications

Global Mechanical Ventilator and Growth Rate (2020-2030)

Mechanical Ventilator Competition by Players/Suppliers, Region, Type, and Application

Mechanical Ventilator (Volume, Value, and Sales Price) table defined for each geographic region defined.

Mechanical Ventilator Players/Suppliers Profiles and Sales Data

Key Raw Materials Analysis & Price Trends

Supply Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis and view more in complete table of Contents

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (220+ 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬) @ https://www.alliedmarketresearch.com/purchase-enquiry/453

𝐓𝐡𝐚𝐧𝐤𝐬 𝐟𝐨𝐫 𝐫𝐞𝐚𝐝𝐢𝐧𝐠 𝐭𝐡𝐢𝐬 𝐚𝐫𝐭𝐢𝐜𝐥𝐞; 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐚𝐥𝐬𝐨 𝐠𝐞𝐭 𝐢𝐧𝐝𝐢𝐯𝐢𝐝𝐮𝐚𝐥 𝐜𝐡𝐚𝐩𝐭𝐞𝐫-𝐰𝐢𝐬𝐞 𝐬𝐞𝐜𝐭𝐢𝐨𝐧𝐬 𝐨𝐫 𝐫𝐞𝐠𝐢𝐨𝐧-𝐰𝐢𝐬𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐯𝐞𝐫𝐬𝐢𝐨𝐧𝐬 𝐥𝐢𝐤𝐞 𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚, 𝐋𝐀𝐓𝐀𝐌, 𝐄𝐮𝐫𝐨𝐩𝐞, 𝐨𝐫 𝐒𝐨𝐮𝐭𝐡𝐞𝐚𝐬𝐭 𝐀𝐬𝐢𝐚.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐌𝐨𝐫𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

Mechanical Ventilator Market, https://www.alliedmarketresearch.com/mechanical-ventilators-market

Electrophysiology Market, https://www.alliedmarketresearch.com/electrophysiology-devices-market

Postpartum Hemorrhage (PPH) Devices Market, https://www.alliedmarketresearch.com/post-partum-hemorrhage-devices-market

𝐖𝐡𝐲 𝐂𝐡𝐨𝐨𝐬𝐞 𝐀𝐥𝐥𝐢𝐞𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡?

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