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Press Release

Ventilator Market Worth 1,012.3 Million USD by 2021

MarketsandMarkets
Posted on: 29 Aug 16

PUNE, India, August 29, 2016 /PRNewswire/ --

 According to a new market research report "Ventilator Market by Type (Intensive Care, Portable), Age Group (Adult, Infant), Mode (Volume, Pressure, Combined), Interface (Invasive, Non-invasive), End User (Hospital, Home Care, Ambulatory Care Center) - Global Forecast to 2021", published by MarketsandMarkets, The global market is expected to reach USD 1,012.3 Million by 2021 from USD 690.8 Million in 2016, at a CAGR of 7.9% from 2016 to 2021.

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Browse 129 market data Tables and 50 Figures spread through 174 Pages and in-depth TOC on "Ventilator Market"

http://www.marketsandmarkets.com/Market-Reports/ventilators-market-11018337.html

Early buyers will receive 10% customization on this report. 

The growth of the Ventilators Market is attributed to the increasing number of private and public hospitals and the consequent rise in the number of intensive care beds. Lightweight and portable ventilators are being increasingly adopted by end users. Manufacturers are increasingly focusing on improving technologies to prevent lung injuries and reduce the time spent on mechanical ventilation. The increasing adoption of non-invasive ventilation is a key market trend. The growing demand for home-care ventilators and high growth in developing countries across APAC and Latin America present growth opportunities for market players.

In this report, the Ventilators Market is segmented based on product type, age group, interface, mode, end user, and region. This report also discusses the key market drivers, restraints, opportunities, and challenges for this market and its submarkets.

In 2015, the hospitals and clinics end-user segment accounted for the largest share of the Ventilators Market. The increasing number of hospitals and increasing per capita income are key drivers for this end-user segment.

Talk To Our Research Analysts: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=11018337

The major players in the Ventilators Market are Philips Healthcare (Netherlands), ResMed Inc. (U.S.), Medtronic plc (Ireland), Becton, Dickinson and Company (U.S.), Getinge Group (Sweden), Dräger Group (Germany), Smiths Group plc (U.K.), Teleflex Incorporated (U.S.), Hamilton Medical AG (Switzerland), and GE Healthcare (U.S.).

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http://www.marketsandmarkets.com/Market-Reports/sleep-apnea-devices-market-719.html

Respiratory Care Device Market by Product (Therapeutic (Ventilator, Mask, PAP device, Inhaler, Nebulizer), Monitoring (Pulse Oximeter, Capnograph), Diagnostic, Consumables, & Accessories) & by End User (Hospital, Home Care) - Global Forecast to 2020.

http://www.marketsandmarkets.com/Market-Reports/respiratory-care-368.html
About MarketsandMarkets:

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

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SOURCE MarketsandMarkets

For more information:
www.prnewswire.com/news-releases/ventilator-market-worth-10123-million-usd-by-2021-591601101.html

Editor's Details

Mike Wood
PharmiWeb.com
www.pharmiweb.com
editor@pharmiweb.com

Last updated on: 29/08/2016

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