Neonatal Ventilator Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Category : Healthcare and Pharmaceuticals | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC563

Introduction

Neonatal respiratory failures are majorly treated with the means of neonatal ventilators. These device facilitates breathable air in and out of the lungs in order to provide oxygen to a patient who is breathing insufficiently. The market for neonatal ventilators is expected to grow due to factors such as growing awareness among healthcare experts regarding the significance of ventilators and related technological advancements. In addition, huge improvement in healthcare infrastructure is also increasing the usage of technologically advanced and innovative neonatal ventilators.

Market Dynamics

The market for neonatal ventilators is expected to grow significantly in coming years. The introduction of non-invasive ventilators is one of the major trends which might affect the market growth positively. Non-invasive neonatal ventilation has become the integral tool in management of both acute and chronic respiratory failure for home setting as well as critical care settings. Non-invasive neonatal ventilation is completely going to replace invasive ventilation, hence allowing utmost patient care and management. However, few factors associated with non-invasive ventilators such as air leaks, gastric distention, and sinus congestion might pull back the growth of overall neonatal ventilator market in the long run.

Market Classification and Overview

The neonatal ventilator market is segmented on the basis of type, application and geography. Based on type, the market is segmented into invasive and non-invasive techniques. The non-invasive neonatal ventilators market is projected to grow promptly over the forecast period due to its vast applications in the management of chronic respiratory disorders in children. In addition, non-invasive ventilation does not require intubation or surgical airway, thereby maximizing patient comfort. Based on application, the global market has been bifurcated into hospitals, clinics, and ambulatory care centers. The hospitals dominated the global market due to greater number of hospitals globally along with the rising per capita income in most countries.

Regional Overview

Regionally, the market for neonatal ventilator is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa (MEA). North America is dominating the global market, owing to the increasing number of neonates affected with chronic respiratory failure diseases. However, Asia-Pacific is expected to grow at the fastest CAGR owing to the technological innovations in the field of non-invasive neonatal ventilators, growing population of neonates, and economic developments in various Asia-Pacific countries.

Report Coverage

Market

Neonatal Ventilator Market

Analysis Period

2015 – 2026

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2026

Market Stratification

Type, Application, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

 

Market Participants

Becton, Dickinson and Company, Hamilton Medical AG, ResMed, Inc., Getinge Group, Airon, Draeger, Medtronic, Sechrist Industries Inc., and Nihon Kohden, are the key players in the neonatal ventilator market.

Market Segmentation

Market By Type

·         Invasive

·         Non-invasive

Market By Application

·         Hospitals

·         Clinics

·         Ambulatory Care Centers

Market By Geography

·         North America

o   US

o   Canada

o   Mexico

·         Europe

o   UK

o   Germany

o   France

o   Rest of Europe

·         Asia-Pacific

o   China

o   Japan

o   India

o   Australia

o   Rest of Asia-Pacific

·         Latin America

o   Brazil

o   Rest of Latin America

·         Middle East and Africa (MEA)

o   South Africa

o   Saudi Arabia

o   Rest of MEA


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