Non-invasive Ventilators Market: Growing Prevalence of Chronic Respiratory Diseases and Need for Improved Critical Care to Foster Growth
Rise in medical emergencies and the need to manage critical patients from the initial point of emergency to the hospital or other healthcare settings continues to prevail. As the healthcare scenario progresses, treatment flexibility for patients has gained spotlight. Healthcare professionals aim to improve treatment and care provided in critical care settings or any other setup requiring emergency life-support and treatment. The evolution of healthcare marks the development of high-performance devices that enable healthcare professionals to upturn critical treatment.
Obtain Report Details @ https://www.transparencymarketresearch.com/noninvasive-ventilators-market.html
Transparency Market Research (TMR), in its recently published study on the non-invasive market, unravels the key aspects driving the industry. The report reviews the main indicators that have marked the development of non-invasive ventilation, while analyzing the growing acceptance of the therapeutic method that has majorly contributed to the development of respiratory medicine over the past 25 years. Technological advances, such as innovation in the field of positive airway pressure (PAP) systems, portability, and improvement in battery life of transport and portable ventilators, are other factors propelling the non-invasive ventilators market growth.
Non-invasive Ventilators Market: Unveiling the Progress Path
The history of non-invasive ventilation dates back to the 20th century. Non-invasive ventilation was first used for the treatment of patients with acute respiratory failure, in the 1940s. The long-term use of non-invasive ventilators began to spur towards ventilatory progress during the1980s. This was attributed to the improved understanding of the sleep physiology and beneficial effects of Continuous Positive Airway Pressure (CPAP). However, it was not until 1987 that the world witnessed the development of so-called modern non-invasive ventilation. Over the past two decades, the use of non-invasive ventilators has witnessed substantial growth, as technology advances, and the field of healthcare progresses on a fast-paced trajectory.
Presently, a robust evidence base detailing the efficacy of non-invasive ventilation in aggravations of cardiogenic pulmonary edema, acute respiratory failure, and chronic obstructive pulmonary disease in immunocompromised patients, highlights its evolutionary path. Moreover, its contribution in other settings such as hypoxemic acute respiratory failure and the management of patients who disapprove the process of endotracheal intubation is increasing rapidly. The non-invasive ventilators market is expected to reach a valuation of ~ US$ 1.5 Bn in 2019, and is likely to grow at a CAGR of ~ 6% through the forecast period.
Identify the key factors that will drive your company’s growth. Request a brochure of this report here
Impact of Undercurrents on the Non-invasive Ventilators Industry
According to WHO, chronic respiratory disease affects nearly one billion individuals, globally, making it one of the leading causes of death. This disease is prevalent in numerous forms, including chronic obstructive pulmonary disease (COPD), chronic bronchitis, asthma, pulmonary hypertension, and occupational lung disease. COPD occurrence has been closely linked to the rising air pollution in rural areas, and the burden of the disease is likely to grow in urban areas on account of the increasing prevalence of tobacco smoking. The demand for therapeutic devices such as non-invasive ventilators is likely to rise due to an increase in the diagnostic rates of various respiratory diseases.
The healthcare industry has witnessed rapid transformation over the years. As healthcare is becoming decentralized, patient care has exhibited a paradigm shift towards homes. Consumers are placing reliance on homecare with the constant support of technologically-advanced wearables, which not only aid in medication administration but also monitor treatment progress. Decentralizing healthcare to local centers is likely to enhance efficiency and address resource scarcity.
Another aspect that is likely to shape the future of the non-invasive ventilators market is the trends of portability and miniaturization, remote patient monitoring, and connectivity. Portable variants could be of use for treating patients with conditions such as pneumonia or in the course of mass casualty events.
Browse Press Release of Noninvasive Ventilators Market Research Report
One of the most common reasons that could hamper the adoption of non-invasive ventilators is the lack of experience. A substantial number of physicians do not use the conventional mode of non-invasive ventilation support. Proper application of masks and minimized air leaks are among the most vital factors that aid in improving patient compliance and ensuring enhanced ventilation. A protocol-based use of non-invasive ventilators remains crucial, which has created the need for providing adequate training for operators.
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA – Canada Toll Free: 866-552-3453