June 10, 2020
Mechanical Ventilators Market Research Insights Shared in Detailed Report 2026
- According to Transparency Market Research’s latest report on the global mechanical ventilators market for the historical period 2017–2018 and forecast period 2019–2027. The global mechanical ventilators market is driven by increase in incidence of chronic obstructive pulmonary disease (COPD), acute respiratory distress syndrome (ARDS) and rise in geriatric population. The management of the ventilator in patients with chronic obstructive pulmonary disease (COPD) and acute respiratory distress syndrome (ARDS) has a dramatic effect on the overall outcome.
- According to the report, the global mechanical ventilators market was valued at US$ 1.9 Bn in 2018 and is anticipated to expand at a CAGR of 12.8% from 2019 to 2027
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Constant Increase in Prevalence of Respiratory Diseases: Key Driver
- According to the World Health Organization (WHO), chronic respiratory disease comprise all such medical conditions that affect the airways and other lung structures. Some common chronic respiratory diseases are asthma, chronic obstructive lung disease, including chronic obstructive pulmonary disease, bronchitis and emphysema, lung cancer and neoplasms of respiratory and intrathoracic pulmonary heart disease and diseases of pulmonary circulation.
- According to WHO, around 65 million people suffer from chronic obstructive pulmonary disease (COPD) and 3 million die from it each year, making it the third-leading cause of death worldwide.
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Challenge For Patient Interfaces In Non-invasive Ventilation: Restraints
- Major challenges faced by non invasive ventilator manufacturers in propagating the adoption of such devices in the market include minimization of leakage between the mask and patient’s skin, maximization of patient comfort, ensuring patient compliance, and minimization of dead-space (CO2 rebreathing)
- Mask-induced patient injuries, lack of compliance by patients, and CO2 rebreathing are key issues that are critical to patients and clinical care providers. Such issues are expected to hamper the adoption of mechanical ventilators, especially in developed markets.
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Global Mechanical Ventilators Market: Competitive Landscape
- This report profiles major players operating in the global mechanical ventilators market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments
- The global mechanical ventilators market is highly fragmented, with the presence of a number of international as well as regional players
- Leading players operating in the global mechanical ventilators market include
- Teleflex Incorporated
- VYAIRE
- Dragerwerk AG & Co. KGaA
- GE Healthcare
- Medtronic plc
- Koninklijke Philips N.V.
- Smiths Medical
- ResMed Inc.
- Bunnell Inc.,
- Getinge AB.
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