Ventilators Global Market Report 2021- COVID-19 Implications And Growth
The Business Research Company’s Ventilators Global Market Report 2021- COVID-19 Implications And Growth
LONDON, GREATER LONDON, UK, September 8, 2021 /EINPresswire.com/ — Rising prevalence of respiratory diseases is driving the ventilators market. The chronic respiratory diseases such as asthma, bronchitis, pneumonia, and others resulting from different bacterial and viral infections and other causes will boost the demand of ventilators. The ventilators are respiratory devices that are used to support respiration in patients with chronic respiratory diseases. For instance, as of December 2020, 67.9 million COVID-19 cases were reported. The coronavirus infects lungs causing pneumonia and other respiratory disorders affecting patient’s respiration. The emergence of such infectious diseases resulting in the pandemic is driving the ventilators market.
The global ventilators market is expected to decline from $12.11 billion in 2020 to $3.46 billion in 2021 at a compound annual growth rate (CAGR) of -71.4%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The market is expected to reach $4.67 billion in 2025 at a CAGR of 7.8%
Read More On The Global Ventilators Market Report:
https://www.thebusinessresearchcompany.com/report/ventilators-market-global-report-2020-2030-covid-19-implications-and-growth
The companies in the ventilator market are increasingly expanding their ventilator production capabilities realizing the current demand due to the outbreak of the COVID-19 pandemic. COVID-19 is a respiratory disease caused by coronavirus that infects lungs causing pneumonia and other respiratory conditions. The patients affected with the virus suffer with severe pneumonia and lung dysfunction resulting in need for the ventilator support for respiration. For instance, in March 2020, Medtronic, a leading medical device manufacturer increased its ventilator production by 40%. Also, in March 2020, Philips targeted to increase its ventilator production capacity by 4-fold, to meet the rising demand.
The major players covered in the global ventilators market are Philips Healthcare, ResMed, Medtronic, Becton, Dickinson and Company, GE Healthcare, Hamilton Medical, Dräger, Getinge, Smiths Group, Fisher & Paykel, Air Liquide, Allied Healthcare Products, Teleflex Incorporated.
The global ventilators market is segmented by type into intensive care unit/critical care, transport/portable/ambulatory, neonatal, by end-user into hospitals and clinics, home care, ambulatory care centers, others, and by interface into invasive, non-invasive.
Ventilators Global Market Report 2021 – By Type (Intensive Care Unit/Critical Care, Transport/Portable/Ambulatory, Neonatal), By End-User (Hospitals And Clinics, Home Care, Ambulatory Care Centers), By Interface (Invasive, Non-Invasive), COVID-19 Implications And Growth is one of a series of new reports from The Business Research Company that provides ventilators market overview, forecast ventilators market size and growth for the whole market, ventilators market segments, and geographies, ventilators market trends, ventilators market drivers, restraints, leading competitors’ revenues, profiles, and market shares.
Request For A Sample Of The Global Ventilators Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2848&type=smp
Here Is A List Of Similar Reports By The Business Research Company:
Respiratory Devices And Equipment (Therapeutic And Diagnostic) Global Market Report 2021 – By Type (Diagnostic devices, Therapeutic devices, Monitoring devices), By End User (Hospitals, Clinics, Homecare settings, Ambulatory service centers), By Therapeutic Devices (Humidifiers, Nebulizers, Oxygen concentrators, Positive Airway Pressure (PAP) Devices, Ventilators, Others), By Diagnostic Devices (Spirometer, Polysomnographs, Peak Flow Meters), By Monitoring Devices (Pulse oximeters, Capnographs, Gas analyzers 6) By Application: Chronic Obstructive Pulmonary Disease (COPD), Asthma, Obstructive Sleep Apnea (OSA), Respiratory Distress Syndrome (RDS), Cystic Fibrosis, Pneumonia), COVID-19 Implications And Growth
https://www.thebusinessresearchcompany.com/report/respiratory-devices-and-equipment-therapeutic-and-diagnostic-global-market-report
Pulse Oximeters and Spirometers Market – By Product Type (Pulse Oximeters, Spirometers), Type Of Device (Handheld, Fingertip, Others), By Application (Diagnostic, Treatment Monitoring), By Patient Type (Asthma, COPD, Other General & Surgical Practice, Other Respiratory Diseases), By End-Use (Hospitals, Clinical Laboratories, Home Care), Market Size, Opportunities And Strategies – Global Forecast To 2030
https://www.thebusinessresearchcompany.com/report/pulse-oximeters-and-spirometers-market
Nebulizers Market – By Type Of Devices (Pneumatic Nebulizer, Ultrasonic Nebulizer, Mesh Nebulizer), By Application (Copd, Cystic Fibrosis, Asthma, Others), By Portability (Tabletop, Portable), By End-User (Hospitals And Clinics, Emergency Centers, Home Healthcare), And By Region, Opportunities And Strategies – Global Forecast To 2030
https://www.thebusinessresearchcompany.com/report/nebulizers-market
Methanol Market – By End Use (Formaldehyde, Mto/Mtp, Fuel Blending, Dimethyl Ether, Acetic Acid, Methyl Tert-Butyl Ether (Mtbe), Solvents, Methylamines, Mma, Chloro-Methanes, And Others), By Type Of Product (Plastics & Polymers, Chlor-Alkali And Inorganics, Olefins, Aromatics, Olefin Derivatives, Syngas Chemicals), Market Players, And By Region, Opportunities And Strategies – Global Forecast To 2022
https://www.thebusinessresearchcompany.com/report/methanol-market
Interested to know more about The Business Research Company?
The Business Research Company is a market research and intelligence firm that excels in company, market, and consumer research. It has over 200 research professionals at its offices in India, the UK and the US, as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services and technology.
Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx
Or get a quick glimpse of our services here: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Call us now for personal assistance with your purchase:
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
The Business Research Company
Email: info@tbrc.info
Follow us on LinkedIn: https://bit.ly/3b7850r
Follow us on Twitter: https://bit.ly/3b1rmjS
Check out our Blog: http://blog.tbrc.info/
Oliver Guirdham
The Business Research Company
+44 20 7193 0708
info@tbrc.info
Visit us on social media:
Facebook
Twitter
LinkedIn
