Ventilators Market to grow up to USD 2.9 billion by 2031 | ResMed, Medtronic, Fisher & Paykel Healthcare Limited

New York, The global ventilators market was valued at USD 1.8 billion in 2021 and it is anticipated to grow up to USD 2.9 billion by 2031, at a CAGR of 5.0% during the forecast period.

The ventilator is basically an equipment which is used in intensive care units to help patients breathe when they are unable to do so on their own. Ventilators can be employed on the system either temporarily or permanently (as in long-term care) and are used across utilized in hospital settings, rehabilitation centers and at home. Mechanical ventilation, an endotracheal tube, and a nasogastric drain are the components of a ventilator. Ventilation devices remove carbon dioxide from the patient’s body by supplying oxygen. It is used to keep people alive, but it is not used to treat illnesses or medical disorders. The mechanical ventilation system is used for patients with chronic diseases such as chronic obstructive pulmonary disease (COPD), asthma, brain traumas, and strokes.

Download a Free PDF Sample Copy of Report : https://www.globalinsightservices.com/request-sample/GIS10375

Market Trends and Drivers
Rising prevalence of chronic obstructive pulmonary disease (COPD) and other respiratory disorders such as sleep apnea, acute lung injury, and hypoxemia are the most significant factors driving this market’s growth. The increasing number of preterm births and rapid growth in the geriatric population are also expected to accelerate the market’s overall growth. Moreover, the high prevalence of tobacco smoking which leads to respiratory disease will bolster the growth of the market.

Get Customized report as per your requirements : https://www.globalinsightservices.com/request-customization/GIS10375

Global Ventilators Market Segmentation

By Product
• Intensive Care Ventilators
• Portable Ventilators
• Neonatal Ventilators
By Mobility
• Non-Invasive Ventilation
• Invasive Ventilation
By Type
• Adult Ventilators
• Neonatal Ventilators
• Paediatric Ventilators
By Mode
• Combined-Mode Ventilation
• Volume-Mode Ventilation
• Pressure-Mode Ventilation
• Others
By End-use
• Hospitals
• Ambulatory Surgery Centres
• Specialty Clinics
• Home Healthcare
• Others

Major Players in the Global Ventilators Market
The key players in the market are Koninklijke Philips N.V. (Netherlands), Getinge AB (Sweden), ResMed (U.S.), Medtronic (Ireland), Fisher & Paykel Healthcare Limited (New Zealand), Avasarala Technologies Limited (India), Shenzhen Mindray Bio-Medical Electronics Co., Ltd, (China), Drägerwerk AG & CO. KGAA (Germany), Nihon Kohden Corporation (Japan), Asahi Kasei Corporation (Japan), Hamilton Medical (Switzerland), among others.

Purchase your copy now: https://www.globalinsightservices.com/checkout/single_user/GIS10375

With Global Insight Services, you receive:

  • 10-year forecast to help you make strategic decisions
  • In-depth segmentation which can be customized as per your requirements
  • Free consultation with lead analyst of the report
  • Excel data pack included with all report purchases
  • Robust and transparent research methodology

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

Contact Us:
Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: [email protected]
Phone: +1-833-761-1700