Portable ventilators are used to provide oxygen to patients while commuting. The factors that drive the market are increasing breathing issues and respiratory problems among the growing population. Additionally, increasing smoking population is another factor for the growth in demand for portable ventilators. The intervention of technology in the healthcare sector has improved the operational conduct and has provided the patients with intensive care solutions.
It is a form of breathing assistance in which a patient is connected to a machine through an endotracheal tube directly applied to the airway or non-invasive (NIV) mask. It is also employed as a diagnostic tool to measure static compliance of airway resistance and irregular functioning of respiratory system.
Increase in incidences of chronic respiratory diseases, such as chronic obstructive pulmonary disease (COPD), asthma, bronchitis, and other lung disorders, and The rise in the number of accidental emergencies lead to substantial requirement of portable ventilators. In addition, growth in geriatric population prone to respiratory emergencies is one of the key drivers of the market. Moreover, technological innovations in respiratory care devices, namely, non-invasive ventilation technology and portable ventilators, further supplement the market growth. Rise in preference of portable and home care ventilations for long-term ventilated patients is expected to be another major factor influencing the market growth. On the contrary, injuries associated with invasive mechanical ventilation such as pneumonia, lung injury, and barotrauma and high cost of portable ventilators are the prime factors that restrict the market growth.
The U.S. portable ventilators market is segmented on the basis of age group, interface, mode, and end user. On the basis of mode, it is classified into pressure-mode ventilation, volume-mode ventilation, and others.
On the basis of interface, the market is divided into invasive ventilation and non-invasive ventilation. Invasive ventilators are specifically designed for critically ill patients suffering from respiratory failure, congestive cardiac failure, and for newborns. The Invasive ventilators segment is expected to grow at a rapid pace as these ventilators are convenient for patients, have less side effects, and faster recovery.
On the basis of age group, the market is categorized into pediatric & neonatal, adult and geriatric. By end user, it is segmented into hospital and clinic, home care, and ambulatory care centers.
The key players operating in the U.S. portable ventilator market include Koninklijke Philips N.V., Drgerwerk AG and CO., Becton, Dickinson And Company, Getinge AB, Resmed Inc., Percussionaire Corp., Smiths Group Plc., Hamilton Medical, Medtronic Plc. and Zoll Corporation.
Key Benefits for Stakeholders
- This report provides a detailed quantitative analysis of the current market trends and future estimations from 2020 to 2027, which assists in identifying prevailing market opportunities.
- An in-depth analysis of various regions is likely to provide a detailed understanding of the current trends to the stakeholders to formulate region-specific plans.
- Comprehensive analysis of factors that drive and restrain growth of the portable ventilator market are provided.
- A deep dive analysis of U.S. provides insights that would allow companies to strategically plan their business moves.
Key Market Segments
By Mode
- Pressure mode ventilation
- Volume mode ventilation
- Others
By Interface
- Invasive ventilator
- Non-invasive ventilator
By Age Group
- Pediatric & neonatal
- Adult
- Geriatric
By End User
- Hospital and clinic
- Ambulatory care centers
- Home care
List of Key Players profiled in the report
- Becton, Dickinson And Company
- Drgerwerk AG and CO.
- GETINGE AB
- Hamilton Medical
- Koninklijke Philips N.V.
- Medtronic Plc.
- Percussionaire Corp.
- Resmed Inc.
- Smith’s Group Plc.
- Zoll Corporation (subsidary of Asahi Kasei Group)
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Table of Contents
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 116 |
Published | January 2021 |
Forecast Period | 2019 - 2027 |
Estimated Market Value ( USD | $ 106.2 million |
Forecasted Market Value ( USD | $ 160.98 million |
Compound Annual Growth Rate | 5.3% |
Regions Covered | United States |