Mechanical Ventilators: A Global Strategic Business Report
San Jose, California (PRWEB) November 18, 2014
Follow us on LinkedIn – Mechanical ventilation primarily refers to mechanical breathing provided to patients who are unable to do so naturally owing to certain medical conditions. Against the backdrop of rising incidence of COPD, the need for ventilation to help patients gain relief from acute exacerbations in respiratory failure is also increasing. This in turn translates to significant demand for ventilators worldwide. Technological advancements over the years have resulted in significant innovations at the product front. Advances in product technologies are realizing the opportunity of providing ventilation, not only in critical care settings, but also in sub-acute care and home care settings. Traditional invasive products are making way for more portable ventilators and non-invasive products, a trend that is exhibiting tremendous growth prospects supported by improving convenience to patients and reduced healthcare costs.
Non-invasive ventilators are increasingly becoming a standard of care in several healthcare institutions worldwide. Major factors driving adoption of non-invasive ventilators include inherent benefits such as reduced infection risk, patient’s ability to swallow and speak, and minimized need for sedation. Combination ventilators, with both invasive and non-invasive options, provide the benefits of the two technologies in one product. While these products are well embraced by the developed markets, their adoption remains significantly lower in emerging markets, such as in Asia-Pacific. With the objective of providing only basic care, healthcare systems in most parts of Asia-Pacific remains under-developed, and hence the lower adoption of combination ventilators.
As stated by the new market research report on Mechanical Ventilators, the US represents the single largest market worldwide. North America and Western Europe represent relatively mature markets, while Asia-Pacific, East Europe, and Latin American regions show potential for growth. Asia-Pacific represents the fastest-growing regional market for mechanical ventilators, with sales projected to grow at a compounded annual rate of 8.3% over the analysis period.
Major players covered in the report include Acoma Medical Industry Co., Ltd., Bio-Med Devices, Inc., Bunnell, Inc., CareFusion Corporation, Covidien, Dima Italia S.r.l., Dräger Medical GmbH, eVent Medical, Inc., F Stephan GmbH Medizintechnik, GE Healthcare, Breas Medical AB, HAMILTON MEDICAL AG, Impact Instrumentation, Inc., Intermed Equipamento Medico Hospitalar Ltda, MAQUET GmbH & Co. KG, Mindray Medical International Ltd., O-Two Medical Technologies, Inc., Philips Respironics, Inc., ResMed, Inc., Sechrist Industries, Inc., SLE Ltd., Smiths Medical, and Spacelabs Healthcare, Inc., among others.
The research report titled "Mechanical Ventilators: A Global Strategic Business Report" announced by Global Industry Analysts Inc., provides a comprehensive review of growth drivers, market trends, issues, technological advancements over the recent years, opportunity indicators, prevalence and incidence stats of COPD and other respiratory disorders, and strategic corporate activities. Key product segments analyzed in the report include Critical Care, Neonatal, Transport, Portable and Non-Invasive Mechanical Ventilators. Geographic markets analyzed include the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America) and The Middle East and Africa.
For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Mechanical_Ventilators_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
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