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Critical Care Ventilators Market by Product and Geography - Forecast and Analysis 2021-2025

Critical Care Ventilators Market by Product and Geography - Forecast and Analysis 2021-2025

Published: Jul 2021 120 Pages SKU: IRTNTR45384

The critical care ventilators market size will grow up to USD 1.25 billion at a CAGR of 6.12% during 2021-2025.

The critical care ventilators market report extensively covers market segmentation by product (portable ventilators and mounted ventilators) and geography (North America, Europe, Asia, and ROW) and potential market drivers that the vendors are capitalizing on to sustain profitable growth. Furthermore, read about the latest key findings on the post COVID-19 impact on the market from this report.

What will the Critical Care Ventilators Market Size be in 2021?

Critical Care Ventilators Market Size

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Critical Care Ventilators Market: Key Drivers and Trends

According to our research output, there has been a positive impact on the market growth post COVID-19 era. Key drivers such as the growing need for critical care ventilators during chronic disease treatment and surgeries are notably supporting the critical care ventilators market growth. However, one of the foremost factors impeding market growth is the recall of critical care ventilators. Get detailed insights on the trends and challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This post-pandemic critical care ventilators market report has assessed the shift in consumer behavior and identified and explored the upcoming trends, drivers, and challenges that will have a far-reaching effect on the market growth. Understanding market trends is essential for identifying new business opportunities across segmentations and geographies.

Who are the Major Critical Care Ventilators Market Vendors?

The critical care ventilators market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The leading companies included in the report are as follows:

 

  • Becton, Dickinson and Co.
  • Dragerwerk AG and Co. KGaA
  • General Electric Co.
  • Getinge AB
  • Hamilton Medical AG
  • Koninklijke Philips NV
  • Medtronic Plc
  • ResMed Inc.
  • Smiths Group Plc
  • Vyaire Medical Inc.

 

From our Porter’s five forces analysis study, get detailed insights on the functional involvement of the buyers and suppliers to form well-rounded knowledge about the supply chain and create cost reduction plans. The critical care ventilators market analysis report also contains exhaustive observations on the organic and inorganic growth strategies deployed by the vendors. Click here to uncover details of successful business strategies adopted by the vendors.

Furthermore, to make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy the full critical care ventilators market statistics report to understand the magnitude of the economic impact on each segment and recovery expectations.

Download a free sample of the critical care ventilators market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Critical Care Ventilators Market?

Critical Care Ventilators Market Share by Geography

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32% of the market’s growth will originate from Europe during the forecast period. Germany, Italy, and the UK are the key markets for critical care ventilators market in Europe.

Europe has been recording a significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in Europe is the expansion of product portfolio through new launches. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Critical Care Ventilators Market?

Critical Care Ventilators Market Share by Product

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The critical care ventilators market share growth by the portable ventilators segment has been significant. The critical care ventilators market report provides a comprehensive understanding of the subsegments of the target market to identify niche customer groups and demographic requirements. Furthermore, the report provides insights on the impact of COVID-19 on market segments, which can be used to deduce transformation patterns in consumer behavior in the coming years and improvise business plans.

Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the critical care ventilators market size.

 

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What are the Key Factors Covered in this Critical Care Ventilators Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive critical care ventilators market growth during the next five years
  • Precise estimation of the critical care ventilators market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the critical care ventilators market across North America, Europe, Asia, and ROW 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of critical care ventilators market vendors

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Critical Care Ventilators Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6.12%

Market growth 2021-2025

$ 1.25 billion

Market structure

Fragmented

YoY growth (%)

5.51

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

Europe at 32%

Key consumer countries

US, China, Germany, Italy, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Becton, Dickinson and Co., Dragerwerk AG and Co. KGaA, General Electric Co., Getinge AB, Hamilton Medical AG, Koninklijke Philips NV, Medtronic Plc, ResMed Inc., Smiths Group Plc, and Vyaire Medical Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents not available.

Research Methodology

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Frequently Asked Questions

Critical Care Ventilators market growth will increase by 1254.55 million during 2021-2025.

The Critical Care Ventilators market is expected to grow at a CAGR of 6.12% during 2021-2025.

Critical Care Ventilators market is segmented by Product( Portable ventilators, Mounted ventilators) Geographic( North America, Europe, Asia, ROW) Geographic( North America, Europe, Asia, ROW)

Becton, Dickinson and Co., Dragerwerk AG and Co. KGaA, General Electric Co., Getinge AB, Hamilton Medical AG, Koninklijke Philips NV, Medtronic Plc, ResMed Inc., Smiths Group Plc, Vyaire Medical Inc. are a few of the key vendors in the Critical Care Ventilators market.

Europe will register the highest growth rate of 31.8% among the other regions. Therefore, the Critical Care Ventilators market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.

US, China, Germany, Italy, UK

  • Growing need for critical care ventilators during chronic disease treatment and surgeriesGrowing chronic and surgical problems are increasing the demand for critical care ventilators. COPD is one of the major chronic respiratory problems is the driving factor this market.
  • for which a patient may need to get admitted to a critical care setting and would require critical care ventilators. Acute exacerbations of COPD lead to acute respiratory failure is the driving factor this market.
  • for which the patient may get admitted in a critical care setting is the driving factor this market.
  • and bronchodilators and oral corticosteroids are provided along with oxygen therapy for the treatment. However is the driving factor this market.
  • the high oxygen concentration can lead to severe acidosis. Hence is the driving factor this market.
  • in such cases is the driving factor this market.
  • ventilatory support is provided to the patient for acute exacerbation. In June 2018 is the driving factor this market.
  • according to the data published by the CDC is the driving factor this market.
  • 16 million people in the US were living with COPD and faced difficulty in breathing. Acute exacerbation of COPD is one of the most common reasons for emergency admissions to hospitals is the driving factor this market.
  • which is increasing demand for critical care ventilators and thereby boosting the growth of the market for global critical care ventilators. Chronic diseases is the driving factor this market.
  • such as cancer is the driving factor this market.
  • are increasing globally. A cancer patient who requires critical care treatment may get admitted to a critical care unit and may require respiratory support is the driving factor this market.
  • for which critical care ventilators are required. According to a CDC report is the driving factor this market.
  • in the US is the driving factor this market.
  • 23.31 million adults in the age group of 18 years and above were diagnosed with cancer in 2018. Similarly is the driving factor this market.
  • in 2019 is the driving factor this market.
  • according to the data published by the CDC is the driving factor this market.
  • approximately 12 is the driving factor this market.
  • 000 new cases of HPV-associated cervical cancer are diagnosed in the US annually. Breast cancer is the driving factor this market.
  • prostate cancer is the driving factor this market.
  • and cervical cancer are highly prevalent among the population in the US. The increasing prevalence of such chronic diseases leads to the rising number of surgical procedures. After the surgical procedures is the driving factor this market.
  • patients get shifted to a critical care unit or ICU and are kept under a ventilator. Furthermore is the driving factor this market.
  • these critical care ventilators help in patients who undergo surgical process under general anesthesia. As anesthesia affects body muscles is the driving factor this market.
  • including breathing muscles is the driving factor this market.
  • it becomes difficult for the patients to breathe on their own. Hence is the driving factor this market.
  • they require ventilation support for respiratory assistance. With the increasing number of chronic conditions and surgical procedures is the driving factor this market.
  • the need for critical care ventilators will grow is the driving factor this market.
  • which will boost the market growth. is the driving factor this market.

The Critical Care Ventilators market vendors should focus on grabbing business opportunities from the Portable ventilators segment as it accounted for the largest market share in the base year.