The ventilators market is expected to grow from US$ 4,617.0 million in 2021 to US$ 9,098.32 million by 2028; it is estimated to grow at a CAGR of 9.0% from 2022 to 2028.
The Ventilators Market report outlines the evolution of Ventilators Market by type, applications and identifies and assesses the best performing vendors in the market till 2028. Market reports present the revenue opportunities in the Market through 2023-2028, highlighting the market size and growth by technology, geography, vertical and end users
An exclusive Ventilators Market research report provides depth analysis of the market dynamics across five regions such as North America, Europe, South America, Asia-Pacific, Middle East and Africa.
A ventilator is an automatic breathing system that transfers breathable air in and out of the patient’s lungs that are either incapable of breathing or breathing insufficiently. The system add oxygen to the bloodstream and remove CO2 from the bloodstream.
This helps a patient suffering from respiratory problems receive the right amount of oxygen. It also helps the patient's body to heal as it eliminates the extra energy of labored breathing
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The prominent/emerging players in the Ventilators Market research include:
- B. Braun SE
- Smiths Medical Inc
- Nipro Corp
- Elcam Medical Group Co
- Merit Medical Systems Inc
- CODAN US Corp
- Nordson Corp
- Cook Medical LLC
- JCM MED SaRL
- Utah Medical Products Inc
Respiratory diseases such as chronic obstructive pulmonary disease (COPD), asthma, acute lower respiratory tract infections, tuberculosis, and lung cancer are among the most common causes of severe illness and death globally. Urbanization, rise in pollution, unhealthy lifestyle habits, and high prevalence of tobacco smoking are among the factors leading to the surge in the number of respiratory and cardiovascular disease cases.
These diseases can cause acute respiratory failure, and its treatment requires mechanical ventilation. According to the National Center for Biotechnology Information, COPD is a disease spectrum that includes bronchitis and emphysema.
It is becoming a significant health and economic problem worldwide; Further, COPD is expected to become the leading cause of death worldwide in the next 15 years. According to the National Center for Biotechnology Information, 2018, the economic impact of COPD in LMICs is expected to increase to US$ 2.15 (£ 1.7) trillion by 2030.
As per the Office of Disease Prevention and Health Promotion, ~14.8 million adults in the US were diagnosed with COPD in 2020. The National Health Service states that ~1.17 million people in the UK were diagnosed with COPD in 2021, i.e., ~1.9% of the total population.
The Global Asthma Report states that ~300 million people have asthma worldwide, and the estimates indicate this number will increase by 100 million people by 2025.
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The table of content for Market research study includes:
- Key takeaways
- Research methodology
- Market landscape
- key market dynamics
- Global market analysis
- Revenue and forecasts to 2028 – type
- Revenue and forecasts to 2028 – type of product
- Revenue and forecasts to 2028 – service
- Revenue and forecasts to 2028 – geographical analysis
- Impact of covid-19 pandemic on global market
- Industry landscape
- key company profiles
- List of tables
- List of figures
Company overview provides the information about location of the company where it is headquartered along with the established year, employee strength as of 2017, regions where the company is operating and the key business areas.
Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.
Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in market are covered under strategic initiatives section.
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