Transparency Market Research presents this most up-to-date research on “Mechanical Ventilators Market (Product Type – Critical Care, Neonatal Intensive Care, Portable, and Transport; Mode – Invasive and Non-invasive; End User – Hospitals, Trauma Centers, and Home Healthcare) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024”
Critical Care Mechanical Ventilators Account for Significant Share in Global Market
The global mechanical ventilator market is segmented on the basis of product type into critical care mechanical ventilators, neonatal intensive care mechanical ventilators, portable mechanical ventilators, and transport mechanical ventilators. Critical care mechanical ventilators account for a significant share in the total mechanical ventilators market in terms of value and volume. However, the portable and transport mechanical ventilators segments are projected to exhibit a high growth rate over the forecast period.
The rising incidence of medical emergencies, the need for patient treatment flexibility, and the growing need to manage critical patients from the point of emergency till the point of treatment are the key factors driving the transport mechanical ventilators segment.
Studies have shown that patients on ventilator support are technically not considered to be a financial benefit for hospital administration, which propels hospitals to transfer such patients from hospital settings to alternate care settings. With ventilators becoming portable and more efficient in various settings, the use of portable and transport ventilators is slated to rise.
Global Mechanical Ventilators Market – By End Users
- Trauma Centers
- Home Healthcare
On the basis of mode, the global mechanical ventilators market is segmented into invasive and non-invasive mechanical ventilators. Based on end users, the global market is categorized into hospitals, trauma centers, home healthcare, and others, which includes ambulances, army choppers, and air ambulances.
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Mechanical Ventilators Market: Scope of the Study
This report provides forecast and analysis of the mechanical ventilators market on the global and regional levels. It provides historical data of 2015 along with forecast from 2016 to 2024 in terms of revenue (US$ Mn) and volume (units). The report also includes macroeconomic indicators along with an outlook on mechanical ventilators sales globally. It includes drivers and restraints of the mechanical ventilators market and their impact on each region during the forecast period. The report also comprises the study of current issues with end users and opportunities for ventilator manufacturers. It also includes detailed pricing analysis by product type and value chain analysis with a list of vendors and industry stakeholders at each node in the value chain.
In order to provide users of this report with a comprehensive view of the market, we have included detailed competitiveness analysis and company players with unique selling propositions. The dashboard provides a comprehensive comparison of ventilator manufacturers on parameters such as collective market share and geographic concentration. The study encompasses market attractiveness analysis by product type, by mode, by end users and region.
Mechanical Ventilators Market: Segmentation
The report includes revenue generated from sales of mechanical ventilators in all regions and important countries in these regions. By product, the global mechanical ventilators market has been segmented into critical care mechanical ventilators, neonatal intensive care mechanical ventilators, portable mechanical ventilators, and transport mechanical ventilators. By mode, the market is segmented into invasive mechanical ventilators and non-invasive mechanical ventilators. On the basis of end users, the global mechanical ventilators market is segmented into hospitals, trauma centers, home healthcare and others. And on the basis of region, the market is segmented into North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa.
Mechanical Ventilators Market: Research Methodology
Market numbers have been estimated based on average sales and average pricing of mechanical ventilators by product type and the revenue is derived from regional pricing trends. Market size and forecast for each segment have been provided in the context of global and regional markets. The mechanical ventilators market has been analyzed based on expected demand. Prices considered for the calculation of revenue are regional average prices obtained through primary quotes from numerous regional ventilator manufacturers and distributors. All key end users have been reviewed, and potential applications have been estimated on the basis of secondary sources and feedback from primary respondents. Regional demand patterns have been considered while estimating the market for various end users of mechanical ventilators in different regions. Top-down approach has been used to assess the mechanical ventilators market by region. Market numbers for global product and mode segments have been derived using the bottom-up approach, which is cumulative of each region’s demand. The company-level market share has been derived on the basis of revenues reported by key manufacturers. The market has been forecast based on constant currency rates.
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