The market size of the Global Infant Ventilator Market in the year 2021 is valued at 354.91 million and is predicted to reach 658.86 million by the year 2030 at a 7.5% CAGR during the forecast period.
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A ventilator is a medical device that provides mechanical help in exchange for oxygen and carbon dioxide. It is commonly used in medical settings. Artificial respiration is another name for this treatment. It is a machine that allows breathable air to enter and exit the lungs, providing breathing aid to patients who are physically unable to breathe or who are breathing insufficiently. Neonatal ventilators are ventilators that are used to treat newborns. The rise in neonatal death rates is likely to drive the growth of the neonatal ventilators market during the forecast period.
Furthermore, the rising number of preterm babies with respiratory problems is expected to drive the neonatal ventilators market forward. Moreover, technological developments in neonatal ventilators are expected to slow the market’s growth. On the other hand, the rising cost of neonatal ventilators is expected to stifle the market’s expansion throughout the forecast period. Moreover, the high cost of ventilators is projected to slow down their adoption around the world. Non-invasive ventilators, which are more effective than invasive ventilators, are most affected by the high-cost constraint. Furthermore, in poor economies, a lack of experienced practitioners, a lack of adequate healthcare facilities, and healthcare finances would stymie the seamless adoption of newborn ventilators.
List of Prominent Players in the Global Infant Ventilator Market:
ACUTRONIC Medical Systems
Atom Medical Corporation
Allied Healthcare Products, Inc.
Breas Medical AB
Drägerwerk AG & Co. KGaA
Fisher & Paykel Healthcare
Heinen und Löwenstein
Neotech Medical Systems
O-Two Medical Technologies
Okuman Medikal Sistemler Anonim Sirketi
Phoenix Medical Systems
Shenzhen Prunus Medical
Hamilton Medical AG
Koninklijke Philips N.V.
Löwenstein Medical GmbH & Co. KG
MAQUET Holding B.V. & Co. KG.
Nihon Kohden Corp.
Soma Technology, Inc.
Smiths Group PLC.
Utah Medical Products, Inc
Vyaire Medical, Inc.
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Rapid technical developments in healthcare infrastructure, particularly in emerging nations, as well as increased awareness of the therapies available for chronic respiratory illnesses, will result in the rapid adoption of newborn ventilators and aid market expansion. The market is projected to be driven by rising disposable income, government support, increased awareness, and increased private investment in preventing and effectively treating respiratory disorders. Increased need for emergency treatment for long-term illnesses and long-term therapy for lung ailments in adults and children are also likely to drive the neonatal ventilator market.
Non-invasive ventilators, which are more effective than invasive ventilators, are most affected by the high-cost constraint. Furthermore, in poor economies, a lack of experienced practitioners, a lack of adequate healthcare facilities, and healthcare finances would stymie the seamless adoption of newborn ventilators. Moreover, due to rigorous regulatory regulations, the market for neonatal ventilators may face further challenges in the near future. Furthermore, Excess airway pressure, flow, tidal volume, inflammatory and infection mediators, as well as recurrent shutting and opening of alveoli, can result in lung damage when employed to sustain an infant’s respiratory function. Because newborns’ lungs are smaller and not fully developed, injury to them can cause serious consequences such as BPD (Bronchopulmonary Dysplasia) and even death due to respiratory failure. This has made the use of newborn ventilators more difficult, and it is projected to slow the market’s growth.
North America dominated the neonatal ventilator market in 2019 because of increased awareness and government expenditure in the healthcare industry and the adoption of advanced neonatal ventilation technology for emergency and routine use. This dominance is expected to continue during the forecast period. In addition, a significant number of ICU beds, a big patient population in need of ventilation, an increase in the prevalence of respiratory disorders, and an increase in demand for modern healthcare facilities are all contributing to the market’s growth. Furthermore, the presence of major players operating in this region, as well as a higher number of R&D activities to develop novel neonatal ventilators, favorable government policies, and the presence of major players operating in this region, all contribute to the neonatal ventilator market’s growth. However, as the birth rate increases and the number of preterm births, the construction of new healthcare facilities, and improved healthcare regulations promote better care provision, Asia-Pacific is predicted to have the highest CAGR in the forecasted period.
- In May 2021, Medtronic plc announced the commercial launch of the SonarMedTM airway monitoring system in the United States. The SonarMed airway monitoring system, the first and only device of its kind, uses acoustic technology to check for endotracheal tube (ETT) obstruction and verify position in real-time. It provides clinicians with vital information needed to make more informed, life-saving decisions for their smallest patients.
- In Nov 2019, GINEVRI Srl (Rome, Italy) displayed their newborn incubators and warmers at MEDICA. Newborn incubators, transport incubators, infant warmers, radiant heaters, and phototherapy lamps, fibre optic Mira, baby cots, bilimeters, and oxygen tents, are among the company’s traditional products.
Segmentation of Global Infant Ventilator Market-
By Ventilation Mode
- Other (COPD, homecare, etc.)
- The US
- The UK
- Rest of Europe
- South Korea
- South East Asia
- Rest of Asia Pacific
- Rest of Latin America
Middle East & Africa-
- GCC Countries
- South Africa
- Rest of Middle East and Africa
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