Global Ventilators Market To Be Driven By The Rise In Geriatric Population And Novel Coronavirus (Covid-19) In The Forecast Period Of 2022-2027

Global Ventilators Market, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2022-2027 | EMR Inc.

The new report by Expert Market Research titled, ‘Global Ventilators Market Report and Forecast 2022-2027’, gives an in-depth analysis of the Global Ventilators Market, assessing the market based on its segments like application, end user, and major regions like North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

• Historical Market Size (2020): USD 5.1 billion
• Forecast CAGR (2022-2027):
• Forecast Market Size (2027):

The market for global ventilators has grown as the most common respiratory ailments worldwide are chronic obstructive pulmonary disease (COPD) and asthma. According to the World Health Organization (WHO), chronic obstructive pulmonary disease (COPD) is the third biggest cause of death worldwide, with roughly 3.23 million deaths projected in 2019. Lung disorders are on the rise because of changing lifestyles and increased air pollution. People are turning to smoke and drugs because of their increased stress levels because of their professional lives. Lung disorders are caused by all these harmful behaviors and air pollution
Market Segmentation.

A ventilator is a machine that blows air into a patient’s lungs to help them breathe (exchange of oxygen and carbon dioxide). Ventilation is a type of artificial respiration.

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Based on mobility, the market is divided into:

• Intensive Care Ventilators
• High-End ICU Ventilators
• Mid-End ICU Ventilators
• Basic ICU Ventilators
• Portable/Transportable Ventilators

Based on the interface, the market is divided into:

• Invasive Ventilation
• Non-Invasive Ventilation

Based on the type, the market is divided into:

• Adult/Pediatric Ventilators
• Infant/Neonatal Ventilators

Based on the mode, the market is divided into:

• Combined-Mode Ventilation
• Pressure-Mode Ventilation
• Volume-Mode Ventilation
• Others

Based on the end use, the market is divided into:

• Hospitals and Clinics
• Home care
• Ambulatory Care Centres
• Emergency Medical Services

The regional markets for ventilators include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

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Market Trends

The demand for ventilators had risen dramatically during the COVID-19 outbreak, as corona-infected persons typically have breathing problems. Another important factor driving the market is the growing geriatric population; the global geriatric population is increasing.

Key Market Players

The major players in the market are Philips Healthcare, ResMed Corp., Medtronic plc, Vyaire Medical Inc., Smiths Group plc, and others.

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Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Expert Market Research

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
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