IMARC Group, a leading market research company, has recently released a report titled “Portable Medical Ventilators Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global portable medical ventilators market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How Big is the Portable Medical Ventilators Market?
The global portable medical ventilators market is expected to exhibit a growth rate (CAGR) of 15.1% during 2023-2028.
What are Portable Medical Ventilators?
Portable medical ventilators refer to compact, lightweight devices that assist patients in breathing by delivering a mixture of oxygen and air into the lungs. They are comprised of various components, such as a ventilator unit, breathing circuit, humidifier, and user interface, which allows healthcare professionals to monitor and adjust the ventilation parameters. Portable medical ventilators are widely used in critical care, emergency medicine, neonatal care, and long-term respiratory support. They offer adjustable parameters for ventilation, provide real-time monitoring, and alert healthcare providers of any abnormalities. Portable medical ventilators also enhance patient comfort, automate tasks, and improve clinical outcomes.
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What are the Growth Prospects and Trends in the Portable Medical Ventilators Industry?
The rising prevalence of respiratory problems is one of the factors supporting the market growth. Portable medical ventilators are widely used to manage chronic obstructive pulmonary disease (COPD), coronavirus (COVID-19), acute respiratory distress syndrome (ARDS), and other respiratory conditions. Along with this, the increasing geriatric population, which is highly susceptible to respiratory ailments, is acting as another growth-inducing factor. Furthermore, the growing preference for home healthcare and telemedicine services is facilitating product demand, as they enable remote patient monitoring and reduce hospital readmissions. Moreover, the implementation of supportive policies by several governments to provide access to affordable and high-quality healthcare facilities is positively influencing the market growth. Other factors, including rising healthcare expenditures, the increasing investments in the development of advanced products, and the growing emphasis on patient-centric treatment approaches, are anticipated to drive market growth.
Who are the Key Players Operating in the Portable Medical Ventilators Market?
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- Drägerwerk AG & Co.
- KGaA, GETINGE AB
- Hamilton Medical AG
- Koninklijke Philips N.V.
- Medtronic Plc.
- ResMed Inc.
- Smiths Medical Inc.
- Teleflex Incorporated
- Vyaire Medical Inc.
What is Included in Market Segmentation?
The report has categorized the market based on type, interface, mode of ventilation and end user.
Breakup by Type:
- Adult/Pediatric Ventilators
- Neonatal/Infant Ventilators
- Others
Based on Interface:
- Invasive Ventilation
- Non-Invasive Ventilation
Analysed by Mode of Ventilation:
- Combined Mode Ventilation
- Volume Mode Ventilation
- Pressure Mode Ventilation
- Others
Breakup by End User:
- Hospitals and Clinics
- Ambulatory Care Centers
- Home Care
- Others
Regional Analysis:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
Key Highlights of The Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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