Global mechanical ventilator market is projected to reach US$2.368 billion by 2023 from US$1.908 billion in 2018, growing at a CAGR of 4.41% over the forecast period. Mechanical ventilators help patients breathe by assisting the inhaling and exhaling process. Factors driving growth in the market are increasing consumption of tobacco-related products, rising prevalence of respiratory diseases, growing demand from emerging economies with higher allocation towards healthcare expenditures, and increasing pollution level on account of rapid urbanization and industrialization. Geographically, Asia Pacific is expected to witness the highest growth over the projected period attributable to the fast-developing healthcare sector in India, and China, increasing demand from an aging population in Japan and from developed markets like South Korea.
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Global Mechanical Ventilator Market | Report Sellers
1. Market Research Report
Global Mechanical Ventilator
Market - Industry Trends,
Opportunities and Forecasts
to 2023
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Market Description
• Global mechanical ventilator market is projected to reach US$2.368 billion by 2023 from US$1.908 billion in 2018,
growing at a CAGR of 4.41% over the forecast period.
• Mechanical ventilators help patients breathe by assisting the inhaling and exhaling process.
• Factors driving growth in the market are increasing consumption of tobacco-related products, rising prevalence of
respiratory diseases,
• Growing demand from emerging economies with higher allocation towards healthcare expenditures, and increasing
pollution level on account of rapid urbanization and industrialization.
• Geographically, Asia Pacific is expected to witness the highest growth over the projected period attributable to the fast-
developing healthcare sector in India, and China,
• Increasing demand from an aging population in Japan and from developed markets like South Korea.
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Research Methodology
• This section details the research process followed for calculating market size and forecasts along with a list of the
secondary data sources used and the primary inputs which were taken for data validation.
• It also provides an outline of the various segmentations which have been covered as part of the report.
In this section, the entire market is explained along with various drivers, restraints, and opportunities which exist in
the current market.
This section of the report also provides product pipeline, industry value chain analysis, and innovations in the market.
Various regulations in the industry along with a scenario analysis have also been covered as a part of this report
section
Market Dynamics
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Market Segmentation
• By Type
o Intensive Care
o Portable
• By Mode
o Volume
o Pressure
o Dual
o Interactive
o Others
• By geography
o North America
o South America
o Middle East and Africa
o Europe
o Asia Pacific
• By Technique
o Invasive
o Non-Invasive
• By End-User
o Hospitals
o Clinics
o Homecare
o Others
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No. of Pages 90
Published on Dec 2017
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