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Mechanical Ventilator Market Scope and overview, Top Players | Size and Revenue | Business Share Forecast by Regions 2022-2031

A mechanical ventilator provides artificial ventilation that supports patients to breathe properly by moving breathable air into and out of the lungs through an endotracheal tube directly applied to the airway by surgery or by using a non-invasive mask. Intensive-care and transport/portable mechanical ventilators are the two most widely used ventilators, which are available in the market.

The global mechanical ventilator market was valued at $2,242 million in 2017, and is expected to reach $3,819 million by 2025, registering a CAGR of 6.8% from 2018 to 2025.

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The Centers for Medicare and Medicaid Services report that US healthcare expenditures grew by 4.6% to US$ 3.8 trillion in 2019, or US$ 11,582 per person, and accounted for 17.7% of GDP. Also, the federal government accounted for 29.0% of the total health expenditures, followed by households (28.4%). State and local governments accounted for 16.1% of total health care expenditures, while other private revenues accounted for 7.5%.

This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.

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Rising prevalence of chronic respiratory diseases, increasing geriatric population who is prone to respiratory disorders, and escalating government expenditures on healthcare worldwide are the primary growth factors of the global mechanical ventilator market. However, high cost of mechanical ventilators and high prevalence of ventilator-associated pneumonia (VAP) are anticipated to hamper the market growth. On the contrary, technological innovation and advanced design and portability of the product are expected to offer significant profitable opportunities for the market players.

The global mechanical ventilator market is segmented based on product type, component, mode, age group, end user, and region. On the basis of component, the market is classified into device and service. By product, it is categorized into intensive care unit/critical care, transport/portable/ambulatory, and neonatal care. Depending on mode, it is divided into non-invasive ventilation and invasive ventilation. According to end user, it is fragmented into hospital/clinic, home care, ambulatory surgical center, and others. Age group-wise, it is segmented into pediatric, adult, and geriatric. Regionally, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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KEY BENEFITS FOR STAKEHOLDERS

This report provides a detailed quantitative analysis of the current market trends and future estimations from 2018 to 2025, which assists in identifying the prevailing market opportunities.
An in-depth analysis of various regions is believed to provide a detailed understanding of the current trends to the stakeholders to formulate region-specific plans.
A comprehensive analysis of the factors that drive and restrain the growth of the global mechanical ventilators market is provided.
Key regulatory guidelines for the global mechanical ventilator market are critically dealt with according to geography.
A deep dive analysis of various regions provides insights that are envisaged to allow companies to strategically plan their business moves.

KEY MARKET SEGMENTS

By Product Type

Intensive care unit/critical care
Transport/portable/ambulatory
Neonatal care

By Component

Devices
ServicesBy Mode
Non-invasive ventilation
Invasive ventilation

By Age Group

Pediatric
Adult
Geriatric

By End User

Hospital and clinic
Home care
Ambulatory surgical center
Others

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By Region

North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Rest of Europe
Asia-Pacific
Australia
Japan
India
China
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

KEY MARKET PLAYERS

Becton, Dickinson and Company (CareFusion/Vyaire Medical, Inc.)
Carl Reiner Gmbh
Draegerwerk AG & Co. KGaA
Getinge AB (Maquet Holding B.V. & Co. KG)
General Electric Company (GE Healthcare)
Hamilton Medical AG
Koninklijke Philips N.V.
Medtronic, Plc. (Covidien Ltd.)
Mindray Medical International Limited
Smiths Group, Plc.

The other players in the value chain include (profiles not included in the report):

Tecme SA
ResMed Corp.
Fisher & Paykel Healthcare Limited
Air Liquide Medical Systems
ZOLL Medical Corporation
Allied Healthcare Products, Inc.
Schiller Healthcare India Pvt. Ltd.

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What are the aspects of this report that relate to regional analysis?

The report’s geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.

Reports on the market include the growth rates of each region, which includes their countries, over the coming years.

How are the key players in the market assessed?

This report provides a comprehensive analysis of leading competitors in the market.

The report includes information about the key vendors in the market.

The report provides a complete overview of each company, including its profile, revenue generation, cost of goods, and products manufactured.

The report presents the facts and figures about market competitors, alongside the viewpoints of leading market players.

A market report includes details on recent market developments, mergers, and acquisitions involving the key players mentioned.

Following are the questions answered by the Market report:

What are the goals of the report?

This market report shows the projected market size for the pain management devices market at the end of the forecast period. The report also examines the historical and current market sizes.

On the basis of various indicators, the charts present the year-over-year growth (%) and compound annual growth rate (CAGR) for the given forecast period.

The report includes an overview of the market, its geographical scope, its segmentation, and the financial performance of key players.

The report examines the current state of the industry and the potential growth opportunities in North America, Asia Pacific, Europe, Latin America, and the Middle East, and Africa.

The research report includes various factors contributing to the market’s growth.

The report analyzes the growth rate, market size, and market valuation for the forecast period.

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What factors are taken into consideration when assessing the key market players?

The report analyzes companies across the globe in detail.

The report provides an overview of major vendors in the market, including key players.

Reports include information about each manufacturer, such as profiles, revenue, product pricing, and other pertinent information about the manufactured products.

This report includes a comparison of market competitors and a discussion of the standpoints of the major players.

Market reports provide information regarding recent developments, mergers, and acquisitions involving key players.

What are the key findings of the report?

This report provides comprehensive information on factors expected to influence the market growth and market share in the future.

The report offers the current state of the market and future prospects for various geographical regions.

This report provides both qualitative and quantitative information about the competitive landscape of the market.

Combined with Porter’s Five Forces analysis, it serves as SWOT analysis and competitive landscape analysis.

It provides an in-depth analysis of the market, highlighting its growth rates and opportunities for growth.

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