Scope of the Study
Invasive ventilation involves penetration of instrument such as endotracheal tube or tracheostomy tube inside the trachea. These instruments serve as an artificial airway to lungs. The primary objective of ventilation is to pass the oxygen and remove the carbon Di oxide. In addition, it decreases the work of breathing and life threatening conditions. Moreover, invasive ventilation is used in acute respiratory failure, weaning and chronic respiratory failure and when the non-invasive ventilation is unable to manage. Rising number of patients with these diseases is increasing the usage of invasive ventilation.
The market study is being classified and major geographies with country level break-up.
Philips Healthcare (Netherlands), ResMed (United States), Medtronic (Ireland), Becton, Dickinson and Company (United States), Getinge (Sweden), Dräger (Germany), Smith’s Group (United States), Hamilton Medical (Switzerland), GE Healthcare (United States) and Fisher & Paykel (New Zealand) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Zoll Medical (United States), Allied Healthcare Products (United States) and Air Liquide (France).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Invasive Ventilation market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Invasive Ventilation market by Type, Application and Region.
On the basis of geography, the market of Invasive Ventilation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Prevalence of Respiratory Diseases are Fueling the Market Growth
- Upsurge in Geriatric Population
Market Trend
- Advancements in Mechanical Ventilators
Restraints
- Complications Related to use of Ventilators and Issues Related to Functioning of Alarm, Humidification of Inspired Gas, and Improper Ventilation Cycle.
Opportunities
- Increasing Demand of Therapeutic Diseases
- Increasing Government Expenditure on Healthcare Infrastructure
Challenges
- Lack of Implementation of Neonatal Ventilators
- Lack of Awareness about the Neonatal Ventilators in Underdeveloped Economies
Market Leaders and their expansionary development strategies
On 7th March 2019, ResMed has acquired HB healthcare which is a home medical equipment provider.
On 11th March 2020, Nihon Kohden has launched NKV-500 series ventilator system which offers full site of application in critical care setting of patients for all ages.
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organizations, Enterprise software vendors and Others
Customization in the Report Available:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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