Global Ventilator market is expected to reach a CAGR of 7.3% in the forecast period of 2018 to 2025. The new market report contains data for the historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
By Product Type (Intensive Care Ventilators, Portable Ventilators, Neonatal Ventilators), Modality (Invasive Ventilation, Non-Invasive Ventilation), Type (Adult Ventilators, Neonatal Ventilators, Pediatric Ventilators), Mode(Combined-Mode Ventilation, Volume-Mode Ventilation, Pressure-Mode Ventilator, Other), End User (Hospitals, Specialty Clinics, Homecare Settings, Long Term Care Centers, Rehabilitation Centers, Ambulatory Surgery Centers), Geography (North America, Europe, Asia-Pacific, South America and Middle East and Africa)
Major growing sectors under the market segmentation are as follows;
In product type, the intensive care ventilators are highly used because these ventilators can be used for adults and pediatrics. These can be used in unpredictable or unstable health condition. Because of this intensive care ventilators are growing at the highest CAGR.
In type, adult ventilators are growing at the highest CAGR because the number of adult patients requiring the ventilators is comparatively more than the neonates and pediatrics.
In modality, non-Invasive ventilation is growing with highest CAGR rate because of complications associated with mechanical ventilation.
In Mode, Combined-Mode Ventilation is growing with highest CAGR because in combined ventilators pressure and volume of air can be controlled.
In End user, the hospital segment is growing at the highest CAGR because of the growing population of long-term ICU patients requiring prolonged ventilation making higher demand for ventilators in the hospitals.
Key Market Players
The key market players for global ventilator market are listed below;
Shenzhen Mindray Bio-Medical Electronics Co., Ltd
Fisher & Paykel Healthcare Limited
Smith?s Group plc
Acutronic Medical Systems AG
Dragerwerk AG & Co. KGaA,
Leistung Equipamentos LTDA
HEYER Medical AG
Allied Healthcare Products, Inc
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