Global Ventilator Market Analysis and Revenue Analysis Insights by Latest Trends, Top Key Players, Future Growth, Revenue and Demand Forecast 2020

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment.

Global Ventilator Market Analysis, 2020 market research report depicts a deep-dive market analysis of statistics of Global Ventilator market which consists of regional and country-wise market size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.

COVID-19 has strategically transformed the global ventilator market dynamics in 2020. The market has seen a vibrant growth due to massive requirements coming up from diverse geographies, as the corona casualties are steadily growing in many countries. Almost all the major developed and emerging economies have been suffering from a shortage of ventilators. The year 2020 is proving to be a strategic inflection point for the Ventilator market. The market will continue to remain vibrant for the next 4-5 years even if the effect of COVID-19 is marginalized. The major countries would invest massively in upgrading their healthcare infrastructure as a measure of preparedness to counter such sudden pandemics.

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The Final Report will cover the impact analysis of COVID-19 on this industry: Global Ventilator Market Analysis and Revenue Analysis Insights by Latest Trends, Top Key Players, Future Growth, Revenue and Demand Forecast 2020

Some of the other major factors contributing to the growth of ventilators are the rising aging population and the prevalence of chronic diseases. Moreover, the growth of ventilators is persistent due to respiratory disease owing to the smoking habits of individuals.

According to MarkNtel Advisors’ research report titled “Global Ventilator Market Analysis, 2020”, the Global Ventilator market is anticipated to grow at a CAGR of around 13% during 2020-25. According to WHO, in 2010, it was estimated that around 24 million individuals were aged over 65+ years of age approximately around 8% of the total world population. By 2050, it is anticipated to increase by nearly triple to 1.5 billion around 16% of the total world population.

Homecare Segment is Gaining Steady Popularity
The hospital segment acquired the largest market share on an account of the deployment of ventilators in hospitals intensive care units (ICUs) amplifying the number of patients and surging investments in healthcare infrastructure. However, the home care segment also holds a substantial market share owing to the growing healthcare expenditure and rising healthcare per capita income of individuals.

North America & Europe to be the Hotspot for Ventilators Manufacturers
North America acquired the largest market share in 2019, owing to the rising number of cancer cases, massive COVID-19 casualties, and the prevalence of other chronic diseases. Around 1.7 million cases of chronic diseases were diagnosed in 2019, while more than 0.5 million Americans acquired COVID-19. About 606,880 Americans died of cancer in 2019 which translates to about 1,660 deaths per day, according to the American Cancer Society. Moreover, the incidence of asthma has increased in three decades.

Asthma afflicts around 334 million individuals worldwide. Asthma causes about 489,000 deaths per year or more than 1,300 deaths per day, according to WHO. Besides, Asia-Pacific is also a lucrative market for ventilators as the medical healthcare infrastructure is growing day by day in countries such as China, India, and Japan. Moreover, amid the Corona Virus outbreak, the ventilator sales have surged globally as stated in the MarkNtel Advisors’ research report “Global Ventilator Market Analysis, 2020”. In April 2020, Indian Railways developed a low-cost ventilator named “Jeevan” for treating the patients of COVID-19 which is a prototype costing only around USD1,500. According to MarkNtel Advisors, Philips, ResMed, Medtronic, Becton Dickinson, GE Healthcare, Getinge, Air Liquide, Hamilton Medical, Smith’s Group, Drager, Fisher, and Paykel are few of the leading players covered in “Global Ventilator Market Analysis, 2020”.

Key Questions Answered in the Market Research Report
1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Ventilator Market?
2. What are the region-wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations in the Global Ventilator Market?
4. Who are the key competitors or market players and how they perform in the Global Ventilator Market based on the competitive benchmarking matrix?

1. Introduction
1.1. Product Definition
1.2. Research Process
1.3. Glossary
1.4. Market Segmentation
2. Executive Summary
3. Expert Verbatim- Interview Excerpts of 10 industry experts
4. Global Ventilator Market Outlook, 2015-2025F
4.1. Market Size & Analysis
4.1.1. By Revenues
4.1.2. By Units Sold

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