United States ventilator market is
expected to grow at a significant rate during the forecast period on account of
initiatives taken by leading authorities and market
players for improvement of existing respiratory infrastructure. Chronic
obstructive pulmonary disease and asthma are the most prominent respiratory
disorders across the globe. Increasing prevalence of target diseases in surging
the hospital admission rates and frequent re-admission of patient who require
the support of ventilators for treatment of patients.
Related capital
requirements in healthcare facilities such as oxygen supply systems and
humidifiers used in intensive care units for treating the patients is expected
to drive the ventilator market in the region. Rapid growth in preterm births
along with technical advancements by market players to upgrade the ventilator
and innovate new technologies to increase the performance of ventilators is
attributing to high growth of the ventilator market.
Surge in cases of
intensive care unit (ICU) beds due to development of healthcare infrastructure
and increase in hospitals is contributing to fuel the demand of ventilators in
United States. Rise in disposable income due to presence of prominent
industries headquarters in the region and plethora of job opportunities as
byproduct of industrialization is aiding to increase the healthcare expenditure
of patients.
United
States ventilator market is segmented into equipment
type, product type, mobility, mode, source, end user, regional distribution,
and company. Based
on product type, market is further divided into adult/pediatric and
neonatal/infant. The adult/pediatric segment is expected to account for major
market share for the forecast period, 2023-2027. Large population suffering
from coronavirus disease require the use of ventilators for providing life-care
support to patients. Increasing prevalence of COPD and asthma diseases coupled
with rise in smoking population is accelerating the growth of respiratory
market.
The major players operating in the United
States ventilator market are GE Healthcare, ResMed, Inc.,
Philips Healthcare (USA), Getinge USA, Inc., Allied Healthcare Products, Inc., Fisher
& Paykel Healthcare, Inc, Smith’s Medical, Inc., Draeger Inc., Bunnell
Incorporated, Vyaire Medical Inc, among others. Major companies are
developing advanced technologies and launching new services to stay competitive
in the market. Other competitive strategies include mergers & acquisitions
and new service developments.
Objective of the Study:
- To analyze the historical growth of the market size of United
States ventilator market from 2017 to 2020.
- To estimate and forecast the market size of United States ventilator
market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast United States ventilator market based on
equipment type, product type, mobility, mode, source, end user, regional
distribution, and company.
- To identify dominant region or segment in the United States ventilator.
- To identify drivers and challenges for United States ventilator
market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in United States ventilator
market.
- To identify and analyze the profile of leading players operating in
United States ventilator market.
- To identify key sustainable strategies adopted by market players in
United States ventilator market.
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TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of manufacturers across the globe. Subsequently, TechSci Research conducted
primary research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the manufacturers who could not be identified
due to the limitations of secondary research. TechSci Research analyzed the manufacturers,
distribution channels and presence of all major players across the globe.
TechSci
Research calculated the market size of United States ventilator market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Ventilator manufacturing companies
- Market research and consulting firms
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums, and alliances related
to ventilator market.
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as manufacturers,
suppliers and partners, end users, etc., besides allowing them in strategizing
investments and capitalizing on market opportunities.
|
Attribute
|
Details
|
|
Base
Year
|
2021
|
|
Historical
Years
|
2017 –
2020
|
|
Estimated
Year
|
2022E
|
|
Forecast
Period
|
2023F –
2027F
|
|
Quantitative
Units
|
Revenue in
USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F
|
|
Report
Coverage
|
Revenue
forecast, volume forecast, company share, competitive landscape, growth
factors, and trends
|
|
Segments
Covered
|
- Equipment Type
- Product Type
- Mobility
- Source
- Mode
- End User
|
|
Region
Scope
|
South-Region,
West-Region, Mid-West Region & Northeast-Region
|
|
Key
Companies Profiled
|
GE
Healthcare, ResMed, Inc., Philips Healthcare (USA), Getinge USA, Inc., Allied
Healthcare Products, Inc., Fisher & Paykel Healthcare, Inc, Smith’s
Medical, Inc., Draeger Inc., Bunnell Incorporated, Vyaire Medical Inc.
|
|
Customization
Scope
|
10% free
report customization with purchase. Addition or alteration to regional &
segment scope.
|
|
Pricing
and Purchase Options
|
Avail
customized purchase options to meet your exact research needs. Explore purchase options
|
|
Delivery
Format
|
PDF and Excel through Email (We can also
provide the editable version of the report in PPT/Word format on special
request)
|
Report Scope:
In this report, United States ventilator
market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
·
United States Ventilator Market, By Equipment
Type:
- Invasive
Ventilation
- Non-Invasive
Ventilation
- United States Ventilator Market, By Product Type:
- Adult/Pediatric
- Neonatal/Infant
- United States Ventilator Market, By Mobility:
- United States Ventilator Market, By Mode:
- Volume
Mode
- Pressure
Mode
- Combined
Mode
- United States Ventilator Market, By Source:
- United States Ventilator Market, By End User:
- Hospitals
& Clinics
- Emergency
Medical Services
- Homecare
- Others
- United States Ventilator Market, By Region:
- South
- West
- Mid-west
- North East
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in United States ventilator market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed analysis and profiling of
additional market players (up to five).
Frequently
Asked Questions
Ques 1:
What major factors drive United States Ventilators
Market growth?
Ans: Increase
in geriatric population and prevalence of chronic diseases are driving the
growth of the United States ventilators market in the forecast years,
2023-2027.
Ques 2:
United States ventilator
market is an upcoming report to be released soon. If you wish an early delivery
of this report or want to confirm the date of release, please contact us at [email protected]