PORTLAND, Oregon, August 23, 2018 /PRNewswire/ --
According to a new report published by Allied Market Research,titled, Mechanical Ventilator Market by Product Type, Component, Mode, Age Group, and End User: Global Opportunity Analysis and Industry Forecast, 2017-2025, the global mechanical ventilator market was valued at $2,242
(Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg )
A mechanical ventilator is a machine designed to facilitate breathable air into and out of the lungs, to provide breathing for a patient who is physically unable to breathe or is breathing insufficiently. It comprises a control system, flexible breathing circuit, monitors, and alarms. It is one of the most common medical devices deployed in intensive care units of hospitals. The expanding geriatric population who is prone to respiratory disorders significantly drives the growth of the mechanical ventilator market.
Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/453
In addition, escalating government expenditures in healthcare that promote adoption of mechanical ventilators in the developing countries, such as China and India, propel the market growth. The swelling number of intensive care units was observed in China in 2016, which led the government to continue to be a large buyer. Such circumstances positively affect the market growth.
The intensive care unit segment generated the maximum revenue and is expected to maintain this trend in terms of both value and volume during the forecast period, owing to rise in ICU bed admissions and high demand of advanced & customizable mechanical ventilators based on specific need of ventilation.
Based on mode, the market is divided into non-invasive ventilation and invasive ventilation. The non-invasive ventilation segment is expected to grow at the highest rate from 2018 to 2025, attributed to the fact that noninvasive ventilation (NIV) is associated with a lower risk of mortality as compared to invasive mechanical ventilation (IMV).
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/453
The Asia-Pacific region is expected to witness the highest growth rate throughout the forecast period, owing to its high population base, high ICU bed admissions, and enhanced government expenditure on healthcare. In addition, heightened incidence of chronic obstructive pulmonary disease (COPD) in the Asia-Pacific region is the key contributor for the market growth in the region.
Key Findings of the Mechanical Ventilator Market:
The major companies profiled in this report include 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, and Smiths Group, Plc. The other players in the value chain include Tecme SA, ResMed Corp., Fisher & Paykel Healthcare Limited, Air Liquide Medical Systems, ZOLL Medical Corporation, Allied Healthcare Products, Inc., and Schiller Healthcare India Pvt. Ltd.
Access KNOWLEDGE TREE (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/knowledgetree
Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas.
Soft tissue repair Market - Global Opportunity Analysis and Industry Forecast, 2017 - 2025
Medical Gas Analyzers Market - Global Opportunity Analysis and Industry Forecast, 2018 - 2025
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact: Shriram Dighe 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free: 1-800-792-5285 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1?855?550-5975 firstname.lastname@example.org
SOURCE Allied Market Research
Subscribe to our Free Newsletters!
Moringa oleifera has all the essential amino acids, omega oils, vital minerals and vitamins ...
Self-medication is treating self with non-prescription or over the counter medications, for ...
Art of gardening can improve socializing and cognitive skills in children and elderly. As a therapy ...View All