Revenue Growth of Mechanical Fans Market, Key Players, Qualitative and Quantitative Analysis

The ever increasing demand for portable ventilators has supplemented the need for transport ventilators in the mechanical ventilator market.
PORTLAND, OREGON, USA, Jan. 4, 2022 /EINPresswire.com/ – The global mechanical ventilator market was valued at $ 2.24 billion in 2017 and is expected to reach $ 3.81 billion by 2025, with A CAGR of 6.8% from 2018 to 2025. The intensive care unit segment accounted for more than half of the total market share in 2017. The mechanical ventilators market is divided into non-invasive ventilation and invasive ventilation. The non-invasive ventilation segment is expected to grow at the highest rate from 2018 to 2025, attributed to the fact that non-invasive ventilation (NIV) is associated with a lower risk of mortality than invasive mechanical ventilation (IMV).
The intensive care unit segment generated the maximum revenue and is expected to maintain this trend in terms of value and volume over the forecast period, due to the increase in intensive care bed admissions and the high demand for advanced mechanical fans that can be customized according to specific ventilation needs. .
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The main companies described in this report are Becton, Dickinson and Company (CareFusion / Vyaire Medical, Inc.), Carl Reiner Gmbh, Draegerwerk AG & Co. KGaA, Getinge AB (Maquet Holding BV & Co. KG), General Electric Company ( GE Healthcare), Hamilton Medical AG, Koninklijke Philips NV, Medtronic, Plc. (Covidien Ltd.), Mindray Medical International Limited and Smiths Group, Plc. Other players in the value chain include Tecme SA, ResMed Corp., Fisher & Paykel Healthcare Limited, Air Liquide Medical Systems, ZOLL Medical Corporation, Allied Healthcare Products, Inc. and Schiller Healthcare India Pvt. Ltd.
In addition, escalating public spending on health care which encourages the adoption of mechanical ventilators in developing countries, such as China and India, is propelling the market growth. The growing number of intensive care units was seen in China in 2016, leading the government to remain a big buyer. Such circumstances positively affect the growth of the market.
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In addition, escalating public spending on health care which encourages the adoption of mechanical ventilators in developing countries, such as China and India, is propelling the market growth. The growing number of intensive care units was seen in China in 2016, leading the government to remain a big buyer. Such circumstances positively affect the growth of the market.
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⢠The transport / portable / ambulatory segment is expected to register the highest CAGR of 7.2% (in terms of volume) from 2018 to 2025.
⢠The outpatient surgery center segment is expected to grow at a significant CAGR of 8.5% (in terms of value) from 2018 to 2025.
⢠The United States generated the highest revenue in the global mechanical ventilator market in 2017, accounting for over four-fifths of the global market in 2017.
⢠The adult segment dominated the age category of the mechanical ventilators market in 2017 and is expected to maintain this trend during the forecast period.
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ðð© ðð¨ 25%, 15ðð¡ ððð§ð®ðð«ð² 2022.
ððð©ð¨ð«ðð¬:
Meningococcal Vaccines Market
Continuous Glucose Monitoring Systems Market
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