The global mechanical ventilator market is expected to grow at
Visiongain has released a new report titled The Mechanical Fans Market Report 2021-2031. It includes mechanical ventilator profiles and market segment forecast by market segment by mobility (intensive care ventilators, high-end intensive care ventilators, mid-range intensive care ventilators, basic intensive care ventilators, ventilators portable / transportable) Market segment by end user (hospitals and Clinic market segmentation, home care, ambulatory care centers, emergency medical services, other end users by mode (combined mode ventilation, volume mode ventilation, pressure mode ventilation, two-phase ventilation mode, adaptive ventilation modes, other modes) Market segment by type Market segmentation (adult ventilators, pediatric ventilators, neonatal / infant ventilators, other type) by interface (invasive ventilation, non ventilation invasive) PLUS COVID-19 impact analysis and recovery model analysis (fit V, W-shaped, U-shaped, L-shaped) Profiles of major companies, region and country.
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The global mechanical ventilator market was valued at US $ 6,787 million in 2020 and is expected to grow at a CAGR of 5.8% during the forecast period 2021-2031. The multidisciplinary team has been able to improve the management of critically ill ventilated patients by combining technological advances in microprocessor-controlled breathing with the complexity of new ventilation modes. The advanced fans are also prepared for various situations and have many protections. Sensors and monitors are installed in patient-specific parameters such as air pressure, volume and flow rate, as well as general parameters such as air leaks, mechanical failures, power failures , emergency batteries, oxygen tanks and a remote control. This is to ensure that the patient does not lose those crucial few breaths, which could result in death.
COVID-19 has reshaped the global ventilator market
Patients unable to breathe on their own benefit from the use of ventilators. COVID-19, a new strain of the newly discovered coronavirus, has caused a global epidemic of respiratory disease and death. Due to the severe disease-induced respiratory illness, there is currently a substantial increase in the need for ventilators. According to a report released in the third week of February 2020 by the WHO-China Joint Mission on Coronavirus Disease, 5-10% of patients with severe virus infection are expected to need or depend on a ventilator to survive throughout life. processing. In the current situation, the demand created justifies the need for this equipment.
How will this report help you?
Visiongain’s 514+ pages report provides 341 tables and 339 tables / charts. Our new study is suitable for anyone requiring in-depth business analyzes of the global Mechanical Fans Market, along with detailed market segment analysis. Our new study will help you assess the global and regional market for mechanical ventilators. Get the financial analysis of the overall market and different segments including type, mode, mobility, end user and capture higher market share. We believe there are still great opportunities in this rapidly growing mechanical ventilator market. Find out how to use the existing and upcoming opportunities in this market to generate income in the near future. Moreover, the report would help you improve your strategic decision making, enabling you to frame growth strategies, strengthen the analysis of other market players and maximize the productivity of the company.
What are the current market drivers?
Geriatric population on the rise
Geriatric patients on mechanical ventilators have high mortality rates comparable to non-geriatric patients (under 60), and geriatric patients who were functionally independent for activities of daily living before the onset of the disease should receive the best care. possible medical conditions, including intensive care. care. Accordingly, this study was designed to investigate the outcome of geriatric patients who required mechanical ventilation in the ICU. Accordingly, the objective was to examine the profile and outcome of geriatric patients over 60 years of age who required mechanical ventilation in intensive care.
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Government and organizational initiatives to stimulate the production of ventilators
Although other organizations offer lower estimates, the Society of Critical Care Medicine estimates that the United States has more than 200,000 ventilators. The federal government’s emergency stockpile is about 12,700 ventilators, according to Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases. Manufacturers of medical ventilators are rapidly increasing production as it appears that current inventories of ventilators will not be sufficient to service an influx of coronavirus patients. GE Healthcare, for example, is recruiting more employees and increasing the number of shifts it performs to be able to create ventilators around the clock, and Medtronic said it has already increased ventilator production by 40% and was on its way to more than quadruple its fan. manufacturing capacity.
Where are the market opportunities?
The future with big data and artificial intelligence:
New approaches to data analysis, including deep machine learning and the integration of artificial neural data in critical care, are starting to emerge alongside big data techniques. Other areas, such as marketing, banking and logistics, use big data analytics. In the health field, however, it depends, at least in part, on data entered by specialists.
The main players operating in the mechanical fans market are Getinge AB, Medtronic Public Limited Company (Medtronic), Koninklijke Philips NV, ResMed Inc., Draegerwerk AG & Co KGaA, Nihon Kohden Corporation, Fisher & Paykel Healthcare Corporation Limited, Allied Healthcare Products, Inc., Becton, Dickinson and Company ( BD), Cardinal Health, Inc., Hill-Rom Holdings, Inc., Hamilton Medical AG, Vyaire Medical Inc, Airon Corporation, Ventec Life System, Zoll Medical Corporation, Trivitron Healthcare Pvt. Ltd., United Hayek Medical, Bunnell Incorporated, These major players operating in this market have adopted various strategies including mergers and acquisitions, investment in R&D, collaborations, partnerships, regional business expansion and launch of new products.
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