Global Neonatal Ventilator Market To Witness Robust Revenue Growth Across Key Regional Pockets : FactMR

According to Fact MR’s recent market research, Neonatal Ventilator sales to swell at propelled CAGR through 2031, as investment towards expansion of healthcare infrastructure continues rising. The goal of the survey is uncover growth opportunities, key trends, growth drivers, and challenges. It also provides recommendations to assist businesses in preparing for unforeseen challenges.

Focus on improving overall patient care will remain a chief growth driver. Besides this, Neonatal Ventilator market will continue gaining from increasing willingness among patients and families to spend on advanced healthcare.

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Market Taxonomy

By Product Type
  • Invasive Neonatal Ventilator
  • Non-Invasive Neonatal Ventilator
  • Hybrid Neonatal Ventilator
By End User
  • Hospitals
  • Neonatal Clinics
  • Nursing Homes
  • Other End User
By Modality
  • Portable Devices
  • Transportable Devices
  • Standalone Devices
By Region
  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

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In-depth Analysis on Key Competitors

The research report concludes with the inclusion of analysis on key market players that includes scrutiny on their company overview, key financials such as market shares, revenue growth, sales and volumes of products sold, and P&L statements from company filings.

Also, this section incudes SWOT analysis, key product developments and innovations, mergers and acquisitions, product portfolio, key strategies and expansion plans of the key players involved in the neonatal ventilator market.

However, the report finds that ventilator manufacturers need to address the specific challenges associated with neonatal ventilation, such as smaller inspiratory volumes, quick gas flow changes, and protection against high airway pressures.

The report finds that end-users have a marked preference for standalone neonatal ventilator devices, vis-à-vis portable and transportable devices. Sales of standalone neonatal ventilator devices are likely to reach US$ 229 Mn in 2018, whereas transportable neonatal ventilator devices are likely to account for the lowest market share.

Demand for neonatal ventilators will continue to remain robust in hospitals, followed by nursing homes and neonatal clinics. Hospitals account for nearly 45% revenue share of the market, and it is likely that status quo will remain unchanged during the assessment period.

However, demand for neonatal ventilators is likely to witness the fastest growth in neonatal clinics. The report finds that in spite of growing at a higher rate, neonatal clinics will not surpass hospitals as the largest end-user globally by 2028.

The US continues to be the largest market for neonatal ventilators globally. The report finds that in addition to being a lucrative market in terms of sales, the country is also the hub of research, innovation, and regulation. The US neonatal ventilator marketplace remains highly regulated with FDA recalling faulty products from the market.

The dominance of the US in North America’s neonatal ventilator market can be gauged from the fact that it accounts for nearly 83% revenue share of the North American neonatal ventilator market. On the back of strong demand in the US, the North America neonatal ventilator market is likely to reach a valuation of over US$ 163 Mn in 2018.

Manufacturers can expect a steady stream of opportunities to emerge from developing countries in Asia Pacific, as years of economic growth has led to a strong emphasis on revamping the healthcare system. In terms of revenues, Asia Pacific excluding Japan (APEJ) is likely to maintain its position as the third largest market for neonatal ventilators globally.

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Report Benefits & Key Questions Answered

  • Neonatal Ventilator Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
  • Neonatal Ventilator Historical volume analysis: The report provides a comparison of Neonatal Ventilator’s historical sales and projected sales performance for 2021-2031.
  • Neonatal Ventilator Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Neonatal Ventilator market. It carefully gauges the impact of changing healthcare needs of key demographics globally
  • Neonatal Ventilator Consumption by demographics: The report investigates consumer behavior affecting Neonatal Ventilator demand outlook for the assessment period. Effect of their keenness for digital trends on Neonatal Ventilator market is carefully analyzed
  • Post COVID consumer spending on Neonatal Ventilator: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Neonatal Ventilator market growth.

More Valuable Insights on Neonatal Ventilator Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Neonatal Ventilator, Sales and Demand of Neonatal Ventilator, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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