Market Analysis and Insights: Global Neonatal Ventilators Market
Neonatal ventilators market is expected to account to USD 541.23 million by 2027 expanding at a rate of 7.23% in the forecast period of 2020 to 2027. Increasing innovations and technological advancements experienced across the entire healthcare industry, with a number of advanced product offerings witnessed for neonatal ventilators by the market players, this trend is expected to drive the market growth for neonatal ventilators market in the above mentioned forecasted period of 2020 to 2027.
The major players covered in the report are Air Liquide, VYAIRE, Hamilton Medical, Breas Medical, Drägerwerk AG & Co. KGaA, GENERAL ELECTRIC COMPANY, Koninklijke Philips N.V., Getinge AB, ResMed, Smiths Medical, Inc., Fisher & Paykel Healthcare Limited, Asahi Kasei Medical Co., Ltd., Sechrist, Allied Healthcare Products, Inc., NIHON KOHDEN CORPORATION, Airon Corporation, SCHILLER among other players domestic and global. Market Share data is available for Global, North America, Europe, Asia-Pacific, Middle East & Africa and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Neonatal ventilators are artificial ventilation supporting devices developed for their usage on neonates. These ventilators are designed to offer artificial gas support to infants and neonates in the form of gas delivery and gas extraction, majorly oxygen and carbon dioxide respectively. This ventilation process is also commonly defined as artificial ventilation for neonates that do not have fully developed respiratory organs.
High levels of pre-term babies in the global regions in combination with the mortality rate for these babies caused by some complications are factors acting as market drivers for neonatal ventilators market in the forecasted period of 2020 to 2027. Increasing cases of genetic respiratory disorders are also expected to enhance the growth rate for neonatal ventilators market.
Large costs associated with these medical devices and along with lack of supporting clinical evidence required for the full-scale integration and adoption of novel technologies, these factors are acting as major restricting factors for the market’s growth in the above mentioned forecasted period.
This market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Global Neonatal Ventilators Market Scope and Market Size
Neonatal ventilators market is segmented on the basis of product, mobility, technology, mode and end use. Each individual segment’s growth is analysed and these insights are subsequently considered before providing you with the market overview which can help you in understanding and identification of your core applications in the broad market.
On the basis of product, the neonatal ventilators market has been segmented into invasive ventilation, non-invasive ventilation and hybrid ventilation.
Based on mobility, the neonatal ventilators market consists of intensive care ventilators and portable/transportable ventilators. Intensive care ventilators have been sub-segmented into high-end ICU ventilator, mid-end ICU ventilator and basic ICU ventilators.
Based on technology, the market has been segmented into mechanical ventilators, high frequency ventilators, volume targeted ventilators and hybrid ventilators.
On the basis of mode, the market has been segmented as pressure mode ventilation, combined mode ventilation, volume mode ventilation and others.
Neonatal ventilators market has also been segmented into hospitals, nursing homes, clinics, ambulatory surgical centers and others on the basis of end use.
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Neonatal Ventilators Market Country Level Analysis
Neonatal ventilators market is analysed and market size information is provided by country, product, mobility, technology, mode and end use as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific in the Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa as a part of Middle East & Africa, Brazil, Argentina and Rest of South America as part of South America.
North America will be expected to dominate the neonatal ventilators market with major healthcare facilities and countries having established infrastructural availability and their preferences to adopt highly modernized healthcare devices and services. While, Asia-Pacific is expected to witness growth with the largest growth rate considering the growing levels of birth rate and high awareness rate amongst the regional population to reap the benefits of advanced healthcare infrastructure.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Neonatal ventilators market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for neonatal ventilators market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the neonatal ventilators market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Neonatal Ventilators Market Share Analysis
Neonatal ventilators market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to neonatal ventilators market.
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