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[Report Ocean Press Release] Findings compiling the latest trends, demand, key players and a global overview of the mechanical ventilator market.
North America will hold a major share in the mechanical ventilator market in 2023.
Survey period: January 2nd to March 30th, 2023
Research agency: Research contractor: Report Ocean Co., Ltd. STUDY SUBJECT: We surveyed 890 leaders from organizations of all sizes around the world.
Number of valid responses: (890 people)
Survey method: Telephone survey of 300 people, Internet survey of 590 people Survey Respondents: The survey was conducted across companies based on revenue. [Image 1
Investigation result :
Q: What are the key factors driving the mechanical ventilator market? A ventilator is a device used to support the breathing of patients who are seriously ill and unable to breathe on their own. A hollow tube that acts as an artificial airway is inserted from the patient’s mouth into the trachea, and the patient is connected to a respirator. The global mechanical ventilator market is driven by the increasing prevalence of chronic respiratory diseases such as lung cancer, chronic obstructive pulmonary disease (COPD), asthma, bronchitis, and other lung diseases, as well as the number of hospitals and diagnostic centers. The main reason is the increase.
Also, advances in the ventilator market are expected to contribute to the market growth. For example, Philips, a global leader in medical technology, offers Respironics V680. This is a critical care ventilator that automatically adapts to the patient’s breathing pattern with its unique AutoTrack technology to provide a high level of entrainment during non-invasive treatment.
Q: How is the mechanical ventilator market segmented?
Mechanical Ventilator market segmentation is as follows:
By product type
Intensive Care Unit/Critical Care Unit
transport/portable/ambulatory
newborn care
By component
device
service
by mode
non-invasive ventilation
invasive ventilation
by age group
Pediatrics and Neonatology
adult
old man
By end user
Hospital/clinic
home care
Ambulatory Surgery Center
others
By region
north america
Europe
Asia Pacific
LAMEA
Q: Which segment dominates the mechanical ventilator market by product type? By product type, the market is segmented into intensive care/critical care, transportation/mobile/ambulatory, and neonatal care. Intensive Care Mechanical Ventilator market segment dominated the market in 2022, by product type.
[Image 2
Q: Which segment dominates the mechanical ventilator market by component? Based on the components, they are divided into devices and services. By component, increasing demand in the mechanical ventilator market is expected to contribute significantly to the device segment in 2022 and maintain its lead in the forecast period.
[Image 3
Q: Which segment dominates the mechanical ventilator market by mode? Ventilation is categorized into non-invasive and invasive ventilation by mode. By mode, the invasive ventilation segment is expected to contribute significantly in 2022 and maintain its lead during the forecast period due to its application in critical care and medical emergencies.
[Image 4
Q: Which segment dominates the mechanical ventilator market by age group? By age group, it is divided into children/newborns, adults, and the elderly. By age group, adults will make a large contribution in 2022. [Image 5
Q: Which segment dominates the mechanical ventilator market by end-user? By end-user, it is segmented into hospitals and clinics, home care, and ambulatory surgery centers. By end-user, hospitals and clinics segment was the major contributor in 2022.
[Image 6
Survey conclusions:
According to several interviews, the use of intensive care ventilators is expected to increase significantly as the number of hospitalized patients in intensive care units increases. This is why the medical industry is increasingly interested in mechanical ventilators for use in a variety of situations, such as asthma attacks, serious accidents, and ICU admissions.
The CXO further stated that rising prevalence of respiratory diseases, growing geriatric population, and technological advances in
ventilators are some of the key factors enhancing the growth of the global ventilator market. Added. According to CXO, the demand for ventilators is increasing due to the increase in cases of chronic respiratory disease. In addition, ventilator utilization is highest in Asia-Pacific, followed by Europe and North America due to higher ICU bed capacity and increased government spending on healthcare. For more information, please email us at sandeep@reportocean.com. about us:
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