The intensive care unit (ICU) ventilators market has grown tremendously over the years as a result of technological breakthroughs such as improved portable ventilators and advancements in sensor technologies used in ventilators.
Intensive Care Unit (Icu) Ventilators Market report supports in achieving a sustainable growth in the market, by providing a well-versed, specific and most relevant product and market information. Inputs from various industry experts, essential for the detailed market analysis, have been used very carefully to generate this finest market research report. This market report studies the market and the industry thoroughly by considering several aspects. The company profiles of all the top market players and brands are included in the Intensive Care Unit (Icu) Ventilators Market report which puts light on their moves like product launches, product enhancements, joint ventures, mergers and acquisitions and their effect on the sales, import, export, revenue and CAGR values.
Market drivers and market restraints explained in the persuasive Intensive Care Unit (Icu) Ventilators Market report help businesses gain an idea about the production strategy. The report is prepared with the systematic gathering and analysis of information about individuals or organizations which is conducted through social and opinion research. This global market report additionally encompasses predictions utilizing a practical arrangement of uncertainties and techniques. In addition, the identity of respondents is maintained undisclosed and no promotional approach is made to them while analysing the data. Thus, Intensive Care Unit (Icu) Ventilators Market report aids strengthen organization and make better decisions for steering the business on the right track.
Data Bridge Market Research analyses that the
Global Intensive Care Unit (ICU) Ventilators Market which was USD 2001.624 million in 2022, is expected to reach USD 3732.40 million by 2030, at a CAGR of 8.1% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Market Definition
The ventilator is an equipment used in intensive care units to help patients breathe when they cannot do so on their own. Ventilators can be employed on the system either temporarily or permanently (as in long-term care) and are used across utilized in hospital settings, rehabilitation centers and at home. Mechanical ventilation, an endotracheal tube, and a nasogastric drain are the components of a ventilator. Ventilation devices remove carbon dioxide from the patient's body by supplying oxygen. It is used to keep people alive but not to treat illnesses or medical disorders. The mechanical ventilation system is used for patients with chronic diseases such as chronic obstructive pulmonary disease (COPD), asthma, brain traumas, and strokes.
Some of the major players operating in the intensive care unit (ICU) ventilators market are:
Koninklijke Philips N.V. (Netherlands)
Getinge AB (Sweden)
ResMed (U.S.)
Medtronic (Ireland)
Fisher Paykel Healthcare Limited (New Zealand)
Avasarala Technologies Limited (India)
Allied Healthcare Products, Inc. (U.S.)
Shenzhen Mindray Bio-Medical Electronics Co., Ltd, (China)
Drägerwerk AG CO. KGAA (Germany)
Nihon Kohden Corporation (Japan)
Asahi Kasei Corporation (Japan)
Air Liquide (France)
Vyaire (U.S.)
General Electric (U.S.)
Hamilton Medical (Switzerland)
Smiths Group plc (U.K.)
aXcent Medical (Germany)
Metran Co., Ltd (Japan)
Airon Corporation (Florida)
TRITON Electronic Systems Ltd. (Russia)
Bio-Med Devices, (U.S.)
Hill-Rom Holdings, Inc. (U.S.)
HEYER Medical AG (Germany)
Covid-19 Impact on Intensive Care Unit (ICU) Ventilators Market
The COVID-19 pandemic's positive effects on market growth were felt favorably by the intensive care unit (ICU) ventilators market. Respiratory failure brought on by COVID-19 infection requires intensive care and ventilator support. COVID-19 patients have been regularly oxygenated using mechanical breathing. Additionally, new COVID-19 delta and omicron variants with a fast rate of spread were found in mid-November 2021, increasing the possibility of a third wave travelling throughout the globe. To satisfy the increasing demand for ICU ventilators during the pandemic, the government and well-known manufacturers in the market have boosted market production.
The manufacturers are also concentrating on numerous advancements and innovations, industry trends, and other market expansion methods. These factors will accelerate the market's growth.
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Intensive Care Unit (ICU) Ventilators Market Landscape
Part 04: Global Intensive Care Unit (ICU) Ventilators Market Sizing
Part 05: Global Intensive Care Unit (ICU) Ventilators Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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