Below are some of the key findings from the neonatal ventilators market analysis:
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Global Neonatal Ventilators Industry Overview
Noninvasive ventilators eliminate the need for invasive artificial airways such as an endotracheal tube or a tracheostomy tube. Physicians extensively use these ventilators for the management of chronic and acute respiratory conditions such as pneumonia, acute respiratory disease, asthma, and chronic obstructive pulmonary disease. These ventilators are used both in home care and critical care units. These devices reduce infection risks, ensure faster recovery time and shorter hospital stays, increase patient compliance, and boost the survival rate by improving oxygenation and alveolar ventilation. Hence, increasing demand for noninvasive ventilators among developed and developing countries which will boost the growth of neonatal ventilators market during the forecast period.
Increasing awareness about the availability of different types of neonatal ventilators such as noninvasive neonatal ventilators will drive the neonatal ventilators market to grow at a CAGR of almost 8% during the forecast period. Governments and private investors in many countries across the globe are introducing initiatives to encourage the development of high-efficiency new ventilators with reduced complication risk exposures due to increase in infant respiratory illnesses, neonate mortality rates, and preterm births.
Top companies covered in the neonatal ventilators market research report
The neonatal ventilators market is moderately fragmented. Market players are focusing on differentiating their products in terms of prices, quality, innovations, and regulations. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, the industry analysis report will help the clients to identify new growth opportunities and design innovative strategies to improve their share in the market.
The report offers a complete analysis of various companies including:
- BD
- GE Healthcare
- Koninklijke Philips
- Medtronic
- Schiller
- Smiths Group
Neonatal ventilators market segmentation based on geographic regions
- Asia
- Europe
- North America
- ROW
North America will hold the highest market share throughout the forecast period. The availability of extensive healthcare insurance coverage policies, increasing R&D expenditure of vendors, and high adoption of technologically advanced products are some of the major reasons for the high growth of the neonatal ventilators market in the region.
Neonatal ventilators market segmentation based on technology
- Invasive ventilators
- Noninvasive ventilators
The invasive ventilators segment will account for the highest share of the neonatal ventilators market because invasive ventilation using the tracheostomy mode is extensively used in neonates with parenchymal lungs, craniofacial malformations, congenital heart diseases, and severe developmental delay conditions. However, the noninvasive ventilators segment will witness the highest incremental growth over the forecast period.
Key highlights of the global neonatal ventilators market for the forecast years 2019-2023:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the neonatal ventilators market during the next five years
- Precise estimation of the global neonatal ventilators market size and its contribution to the parent market
- Accurate predictions on upcoming neonatal ventilators market trends and changes in consumer behavior
- The growth of the industry across various geographies such as Asia, Europe, North America, and ROW
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on factors that will challenge the growth of companies
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY TECHNOLOGY
- Market segmentation by technology
- Comparison by technology
- Invasive ventilators - Market size and forecast 2018-2023
- Noninvasive ventilators - Market size and forecast 2018-2023
- Market opportunity by technology
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USER
- Market segmentation by end-user
- Comparison by end-user
- Hospitals - Market size and forecast 2018-2023
- Clinics and maternity centers - Market size and forecast 2018-2023
- ASCs - Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by end-user
PART 09: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- Asia - Market size and forecast 2018-2023
- ROW - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- BD
- GE Healthcare
- Koninklijke Philips
- Medtronic
- Schiller
- Smiths Group
PART 14: APPENDIX
- Research methodology
- List of abbreviations