Published by Coherent Market Insights
Posted on September 21, 2021
A ventilator is a device that supports or takes over the breathing process, pumping air into the lungs.
Some people with COVID-19 have severe difficulty breathing, or develop acute respiratory distress syndrome (ARDS). Thus, emergence of Covid-19 has led to rapid increase in the ventilators market. Globally, as of 5:08pm CEST, 12 July 2021, there have been 186,638,285 confirmed cases of COVID-19, including 4,035,037 deaths, reported to WHO. As of 12 July 2021, a total of 3,114,766,865 vaccine doses have been administered.
Major players in the ventilators market are focused on adopting partnership strategies to enhance their production capacity during the Covid-19 pandemic. For instance, in April 2020, Air Liquide partnered with Hyundai Motor India to help Hyundai Motor India to augment its production capabilities to supply of ventilators in Tamil Nadu, India, as part of Air Liquide’s response to the COVID-19 pandemic.
The market is also witnessing ventilator training during the Covid-19 pandemic. In April 2020, Getinge AB announced its contribution to Ventilator Manufacturers Group to form Ventilator Training Alliance (VTA) and create VTA app – powered by learning and readiness platform provider Allego, to help frontline medical workers during COVID-19 pandemic.
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Impact of Other Respiratory Diseases
A mechanical ventilator is a machine that helps a patient breathe (ventilate) when they are having surgery or cannot breathe on their own due to a critical illness that may include, acute lung injury, apnea with respiratory arrest, chronic obstructive pulmonary disease, and acute severe asthma requiring intubation. The ventilators market is driven by increasing prevalence of respiratory diseases. According to a report by Global Initiative for Chronic Obstruction Disease’s 2018 report, chronic obstructive pulmonary disease is expected to result in 4.5 million global deaths annually by 2030.
Neonatal Ventilators
The ventilators market is also expected to witness significant growth due to high prevalence of respiratory diseases and preterm births. Neonatal intensive care ventilators provide ventilatory support to preterm and critically ill infants who suffer from respiratory failure and who generally have low-compliance lungs, small tidal volumes, high airway resistance, and high respiratory rates. According to March of Dimes 2019 report card, the preterm birth rate in the U.S. reached 10.02% in 2018 from 9.63% in 2015.
Mechanical Ventilators Alternatives
The ventilators market is witnessing launch of mechanical ventilators alternatives. In February 2020, Fresenius achieved a 510(k) clearance for its Novalung system, which reduces or eliminates the need for mechanical ventilation by pumping a person’s blood through an oxygenator for gas exchange.
Get PDF brochure of this report:
https://www.coherentmarketinsights.com/insight/request-pdf/1220
Key Players In Ventilators Market
The “Global Ventilators Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Becton, Philips Healthcare, ResMed Inc., Medtronic Plc, Dragers Group, Smiths Group Plc, Hamilton Medical, GE Healthcare, and Teleflex Incorporated. Market players are focused on launching new product to maintain lead in the ventilator market.
The study objectives of this report are:
• To study and analyze the global Keyword size (value and volume) by the company, key regions/countries, products and application, history data from 2020 to 2027, and forecast to 2027.
• To understand the structure of Keyword by identifying its various sub-segments.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• Focuses on the key global Keyword manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
• To analyze the Keyword with respect to individual growth trends, future prospects, and their contribution to the total market.
• To project the value and volume of Keyword sub-markets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies
In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.
Note: Access insightful study with over 150+ pages, list of tables & figures, profiling 20+ companies.
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
Contact:
Coherent Market Insights
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Email: sales@coherentmarketinsights.com
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India: +91-848-285-0837
The post Sales of Ventilators Market Report Study with CAGR Growth by 2027 | Coherent Market Insights appeared first on Gatorledger.
A ventilator is a device that supports or takes over the breathing process, pumping air into the lungs.
Some people with COVID-19 have severe difficulty breathing, or develop acute respiratory distress syndrome (ARDS). Thus, emergence of Covid-19 has led to rapid increase in the ventilators market. Globally, as of 5:08pm CEST, 12 July 2021, there have been 186,638,285 confirmed cases of COVID-19, including 4,035,037 deaths, reported to WHO. As of 12 July 2021, a total of 3,114,766,865 vaccine doses have been administered.
Major players in the ventilators market are focused on adopting partnership strategies to enhance their production capacity during the Covid-19 pandemic. For instance, in April 2020, Air Liquide partnered with Hyundai Motor India to help Hyundai Motor India to augment its production capabilities to supply of ventilators in Tamil Nadu, India, as part of Air Liquide’s response to the COVID-19 pandemic.
The market is also witnessing ventilator training during the Covid-19 pandemic. In April 2020, Getinge AB announced its contribution to Ventilator Manufacturers Group to form Ventilator Training Alliance (VTA) and create VTA app – powered by learning and readiness platform provider Allego, to help frontline medical workers during COVID-19 pandemic.
Request sample copy of this report:
https://www.coherentmarketinsights.com/insight/request-sample/1220
Impact of Other Respiratory Diseases
A mechanical ventilator is a machine that helps a patient breathe (ventilate) when they are having surgery or cannot breathe on their own due to a critical illness that may include, acute lung injury, apnea with respiratory arrest, chronic obstructive pulmonary disease, and acute severe asthma requiring intubation. The ventilators market is driven by increasing prevalence of respiratory diseases. According to a report by Global Initiative for Chronic Obstruction Disease’s 2018 report, chronic obstructive pulmonary disease is expected to result in 4.5 million global deaths annually by 2030.
Neonatal Ventilators
The ventilators market is also expected to witness significant growth due to high prevalence of respiratory diseases and preterm births. Neonatal intensive care ventilators provide ventilatory support to preterm and critically ill infants who suffer from respiratory failure and who generally have low-compliance lungs, small tidal volumes, high airway resistance, and high respiratory rates. According to March of Dimes 2019 report card, the preterm birth rate in the U.S. reached 10.02% in 2018 from 9.63% in 2015.
Mechanical Ventilators Alternatives
The ventilators market is witnessing launch of mechanical ventilators alternatives. In February 2020, Fresenius achieved a 510(k) clearance for its Novalung system, which reduces or eliminates the need for mechanical ventilation by pumping a person’s blood through an oxygenator for gas exchange.
Get PDF brochure of this report:
https://www.coherentmarketinsights.com/insight/request-pdf/1220
Key Players In Ventilators Market
The “Global Ventilators Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Becton, Philips Healthcare, ResMed Inc., Medtronic Plc, Dragers Group, Smiths Group Plc, Hamilton Medical, GE Healthcare, and Teleflex Incorporated. Market players are focused on launching new product to maintain lead in the ventilator market.
The study objectives of this report are:
• To study and analyze the global Keyword size (value and volume) by the company, key regions/countries, products and application, history data from 2020 to 2027, and forecast to 2027.
• To understand the structure of Keyword by identifying its various sub-segments.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• Focuses on the key global Keyword manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
• To analyze the Keyword with respect to individual growth trends, future prospects, and their contribution to the total market.
• To project the value and volume of Keyword sub-markets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies
In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.
Note: Access insightful study with over 150+ pages, list of tables & figures, profiling 20+ companies.
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
Contact:
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
The post Sales of Ventilators Market Report Study with CAGR Growth by 2027 | Coherent Market Insights appeared first on Gatorledger.
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