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iCrowdNewswire Sep 3, 2020 8:40 AM ET

ICU Ventilator Market to Watch: Spotlight on Medtronic, Koninklijke Philips, GE Healthcare


ICU Ventilator Market to Watch: Spotlight on Medtronic, Koninklijke Philips, GE Healthcare

iCrowd Newswire - Sep 3, 2020

A new research document is added in HTF MI database of 200 pages, titled as ‘Global ICU Ventilator Market Size study, by Product Type (High-End ICU Ventilators, Basic ICU Ventilators, Mid-End ICU Ventilators), by Type (Adult Ventilators, Neonatal Ventilators, Pediatric Ventilators), by Mode (Combined-Mode Ventilation, Volume-Mode Ventilation, Pressure-Mode Ventilation, Other), by End User (Hospitals, Specialty Clinics, Long Term Care Centres, Rehabilitation Centres) and Regional Forecasts 2020-2027’  with detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like Asia Pacific, North America, Europe, Latin America and Rest of the World and important players/vendors such as Medtronic plc, Koninklijke Philips N.V., GE Healthcare, Shenzhen Mindray Bio-Medical Electronics Co.,  Ltd., Schiller AG, Dragerwerk AG & Co. KGaA, Vyaire Medical Inc., Hamilton Medical, Heyer Medical AG, Fisher & Paykel Healthcare Corporation Limited The Study will help you gain market insights, upcoming trends and influencing growth prospects for forecast period of 2020-2026.

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Summary
Global ICU Ventilator Market is valued at approximately USD 1.7 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 7.8% over the forecast period 2020-2027. An ICU Ventilator is a life support machine that helps in the process of breathing among patients. ICU Ventilators are also referred to as respirators or breathing machines and they mechanically support the functioning of lungs by inhaling or exhaling the breathable air of the lungs. These machines are mainly utilized to provide temporary respiratory support among patients having illness, congenital defects, trauma, or who are treating with anesthesia. Moreover, the recent outbreak of COVID-19 pandemic around the world has led to a rise in demand for ICU Ventilator and other critical medical supplies to avoid the widespread of novel coronavirus infection and provide better health care to the patient. For instance, according to the Society of Critical Care Medicine, in Q1 2020, the stock of ventilators in U.S. hospitals is nearly 160,000 units. Further, a stockpile of 12,700 with Strategic National Stockpile (SNS) would be offered in the depressing situations. As per American Association for Respiratory Care, more than 1.0 million COVID-19 cases are active around the world, and approx.  960,000 Americans require mechanical support to breathe in or out during the pandemic.,. Therefore, the demand for ICU Ventilator is significantly rising as they are extensively used to treat and diagnose patients with COVID and other diseases. Furthermore, the rising prevalence of respiratory diseases among people, followed by the growing elderly population around the world are the few factors responsible for the CAGR of the market during the forecast period. According to the World Health Organization (WHO), the number of people aged 65 or above is projected to grow to nearly 1.6 billion by 2050 from 524 million in 2010, with most of the increase in developing countries. This, in turn, is expected to accelerate the market growth around the world. However, the high deployment & maintenance costs and reimbursement concern are the few factors impeding the market growth over the forecast period of 2020-2027.

The regional analysis of the global ICU Ventilator market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rising prevalence of respiratory disorders, and the presence of a significant number of ventilator manufacturers in the region. Whereas, Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising geriatric population and improving healthcare infrastructure would create lucrative growth prospects for the ICU Ventilator market across the Asia-Pacific region.

Major market player included in this report are:
Medtronic plc, Koninklijke Philips N.V., GE Healthcare, Shenzhen Mindray Bio-Medical Electronics Co.,  Ltd., Schiller AG, Dragerwerk AG & Co. KGaA, Vyaire Medical Inc., Hamilton Medical, Heyer Medical AG, Fisher & Paykel Healthcare Corporation Limited

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

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By Product Type: High-End ICU Ventilators, Basic ICU Ventilators, Mid-End ICU Ventilators
By Type: Adult Ventilators, Neonatal Ventilators, Pediatric Ventilators
By Mode: Combined-Mode Ventilation, Volume-Mode Ventilation, Pressure-Mode Ventilation, Other
By End-User: Hospitals, Specialty Clinics, Long Term Care Centres, Rehabilitation Centres

By Region:
North America (U.S., Canada)
Europe (UK, Germany)
Asia Pacific (China, India, Japan)
Latin America (Brazil, Mexico)
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global ICU Ventilator Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Extracts from Table of Contents (ToC) :

Browse Complete Table of Contents (ToC) @ https://www.htfmarketreport.com/reports/2711033-global-icu-ventilator-market-size-study-by-product-type
……….
ICU Ventilator Market Insights
3.1. Market Segmentation
3.2. Industry landscape, 2015 – 2026
3.2.1. COVID-19 impact on industry landscape
3.3. Industry ecosystem analysis
3.3.1. Raw material suppliers
3.3.2. Manufacturers
3.3.3. Distribution channel analysis
3.3.4. Vendor matrix
3.4. Technology landscape
3.5. Raw material analysis by Type
[, Adult Ventilators, Neonatal Ventilators & Pediatric Ventilators]
3.5.5. COVID-19 impact on raw material supply, by region
3.5.5.1. North America
3.5.5.2. Europe
3.5.5.3. Asia Pacific
3.5.5.4. LATAM
3.5.5.5. MEA
3.6. Regulatory landscape
3.7. Industry best practices & key buying criteria
3.8. Pricing analysis
3.9.1. Regional pricing
3.9.1.1. North America
3.9.1.2. Europe
3.9.1.3. Asia Pacific
3.9.1.4. Latin America
3.9.1.5. MEA
3.10 Cost structure analysis
3.10.1. COVID-19 impact on pricing
3.11. Industry impact forces
3.11.1. Growth drivers
3.11.2. Industry pitfalls & challenges
3.12. Innovation & sustainability
3.12.1. Future trends including COVID-19 impact
3.12.1.1. Production trends
3.12.1.2. Demand trends
3.13. Growth potential analysis
3.14. Porter’s analysis
3.14.1. Supplier power
3.14.2. Buyer power
3.14.3. Threat of new entrants
3.14.4. Threat of substitutes
3.14.5. Industry rivalry
3.15. Competitive landscape
3.15.1. Company market share analysis, 2019
3.15.2. Strategy landscape
3.16. PESTEL analysis
3.17. …………………………..

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Keywords:    ICU Ventilator Market Analysis, ICU Ventilator Market Forecast, ICU Ventilator Market Growth, ICU Ventilator Market Share, ICU Ventilator Market Size, ICU Ventilator Market Trends

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