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Marketresearchreports.biz: Growing Geriatric Population Driving the Global Ventilators Market
  • USA - English


News provided by

Market Research Reports

Nov 24, 2014, 02:50 ET

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Marketresearchreports.biz: Growing Geriatric Population Driving the Global Ventilators Market

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Albany, NY (PRWEB) November 24, 2014 -- The report states that the global market for ventilators was worth over US$765 million in 2013 and, growing at an estimated CAGR of 5%, will be worth more than US$1 billion by 2020. The ventilators market has witnessed considerable growth over the past few years owing to growing geriatric population and a widening patient pool. The increasing prevalence of chronic obstructive pulmonary disease (COPD) is another factor that fuels the ventilators market. Furthermore, technological advancements in developed countries and their penetration in developing regions, coupled with surging number of intensive care unit beds in emerging economies such as India and China has supported the growth of the ventilators market.

Download Detail Report With Complete TOC at http://www.marketresearchreports.biz/sample/sample/214180

Another factor that boosts the ventilators market is mounting mergers, acquisitions, and joint ventures. For instance, Medtronic’s impending US$42.9 billion deal to acquire Covidien and CareFusion’s acquisition of Brazilian respiratory company Intermed Equipamento Medico Hospitalar are some of the major developments that have fueled the ventilators market.

The report on the ventilators market also highlights potential growth sectors that are expected to propel the market to greater heights by the end of the forecast period. These include software development, demand for facial masks, trend of home ventilation and non-invasive ventilators, and increasing focus by ventilator companies of developing multimodal ventilators to prevent incidences of asynchrony and leg injury. Currently, in terms of adoption of modern, non-invasive ventilator systems, Europe leads the global ventilators market, followed by the U.S. The report states that the penetration of these ventilators in the U.S. is lower compared to Europe owing to lack of initiatives towards increasing respiratory therapy and nursing time and inaccurate perceptions attached to this treatment method.

Explore All Medical Equipments Market Research Reports at http://www.marketresearchreports.biz/category/109

With 40 tables and 36 figures presenting accurate and detailed information, the report provides comprehensive data on the major and emerging regional markets and the factors that drive each region. The chief segments of the ventilators market evaluated in the report are: neonatal ventilators, pediatric/adult ventilators, and transport ventilators. Apart from this, the report also analyzes key geographies of the ventilators market: Germany, France, Canada, Spain, India, Brazil, Italy, China, U.S., Australia, U.K., and Japan.

The report discusses in detail, the competitive landscape of the global ventilators market. Some of the leading companies operating in the ventilators market are ResMed, Philips Respironics, CareFusion, Maquet, Covidien, Draegerwerk, Smiths Medical, Air Liquide, GE Healthcare, and Hamilton.

The ventilators market report tracks the recent trends, innovations, and pipeline products that help industry participants make more informed and insightful business decisions.
About MarketResearchReports.biz

Marketresearchreports.biz is the most comprehensive collection of market research reports, supporting clients’ market intelligence needs with over 100,000 market research reports, company profiles, data books, and regional market profits in its repository. We also offer consulting support for custom market research needs.

Our document database is updated by the hour, which means that our customers always have access to fresh data spanning over 300 industries. From Fortune 500 companies to SMEs, Marketresearchreports.biz has built a veritable reputation for fulfilling the most exacting market research needs.

Michell Thoras, Market Research Reports, http://www.marketresearchreports.biz/, +1 (518) 618-1030, [email protected]

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