Asia Pacific Neonatal Ventilators Market Report and Forecast 2024-2032

The global neonatal ventilators market size was valued at USD 407.9 million in 2023, with Asia Pacific holding a significant market share. The market is driven by the advancements in the ventilator technology. It is expected to grow at a CAGR of 6.41% during the forecast period of 2024-2032, with the values likely to attain USD 714.2 million by 2032.

Key Takeaways

• Asia is reported as one of the regions where the majority of preterm births occur. Recent data suggests that India has the highest rate of premature deliveries, with the incidence rate ranging from 12 to 13% per year. Since ventilatory management is crucial for the survival of such premature babies, the market demand for neonatal ventilators is expected to rise during the forecast period.
• Intensive research efforts are likely to elevate Asia Pacific neonatal ventilators market share by improving patient outcomes and driving innovation in ventilator products and services. In July 2023, a study published in JAMA Network Open revealed that NIPPV and NHFOV respiratory support treatments were associated with significantly lower reintubations in neonates.
• A major market trend is the rising investment by the key market players to develop technologically advanced and portable ventilators for various clinical settings, including neonatal intensive care units (NICUs).

Asia Pacific Neonatal Ventilators Market Analysis

Neonatal ventilators are essential for providing respiratory support to ill or premature infants. Various factors such as the high prevalence rate of respiratory disorders in neonates and the continuous technological advancements in ventilator systems such as enhanced monitoring capabilities and improved patient interfaces are contributing to increased market demand in the region. Moreover, the rising emphasis on neonatal care and the increased public and private investments in healthcare infrastructure are expected to drive Asia Pacific neonatal ventilators market growth in coming years.

Respiratory distress syndrome (RDS) is considered a common cause of mortality and morbidity in preterm infants. Asia is reported as one of the regions where the majority of preterm births occur. Recent data suggests that India has the highest rate of premature deliveries, accounting for nearly 22% of all premature deaths worldwide. In addition, it is estimated the incidence of preterm infants ranges from 12 to 13% every year in the region. Since ventilatory management is crucial for the survival of such premature babies, the market demand for ventilators is on the rise to provide adequate respiratory support to such infants in neonatal care units.

The ongoing research efforts are poised to positively impact the Asia Pacific neonatal ventilators market demand by improving patient outcomes and driving innovation in ventilator products and services. The increased impetus on research activities is helping in the optimization of ventilation strategies for neonates with various respiratory conditions. It also aimed at improving the effectiveness of ventilator therapy and reducing the risk of complications. For instance, a study published in JAMA Network Open in July 2023 revealed that unsynchronized noninvasive intermittent positive pressure ventilation (NIPPV) or noninvasive high-frequency oscillatory ventilation (NHFOV) was associated with 15% to 28% fewer reintubations in infants as compared to nasal continuous positive airway pressure (NCPAP). Such findings aid in providing optimal respiratory support to extremely preterm or severely ill babies and are likely to stimulate market growth.

One of the major Asia Pacific neonatal ventilators market trends is the rising demand for technologically advanced and portable ventilators in various clinical settings, including neonatal intensive care units (NICUs). Several market players are actively investing to launch ventilator systems integrated with innovative features such as customizable ventilation modes, monitoring parameters, and connectivity options for data sharing and remote monitoring. Moreover, the increased government initiatives aimed at improving maternal and child healthcare and reducing infant mortality rates are likely to boost market size in the forecast period.

Asia Pacific Neonatal Ventilators Market Segmentation

Market Breakup by Product

• Invasive Ventilation
• Non-invasive Ventilation
• Hybrid Ventilation

Market Breakup by Mobility Type

• Intensive Care Ventilators
• Portable and Transportable Ventilators
• Others

Market Breakup by Technology

• Mechanical Ventilators
• High Frequency Ventilators
• Hybrid Ventilators
• Others

Market Breakup by Mode

• Pressure Mode Ventilation
• Combined Mode Ventilation
• Volume Mode Ventilation
• Others

Market Breakup by End User

• Hospitals
• Ambulatory Surgical Centers
• Clinics
• Others

Market Breakup by Country

• China
• Japan
• India
• ASEAN
• Australia
• Others

Asia Pacific Neonatal Ventilators Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

• Philips Healthcare
• Medtronic
• GE Healthcare
• Drägerwerk AG & Co. KGaA
• Hamilton Medical AG
• Inspiration Healthcare Group plc
• Mindray Medical International Limited
• Getinge AB
• Nihon Kohden Corporation
• Flight Medical Innovations Ltd.

Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

FAQs

What is the Asia Pacific neonatal ventilators market forecast outlook for 2024-2032?
The Asia Pacific neonatal ventilators market is expected to be driven by the rising demand for the global neonatal ventilators market, which is anticipated to grow at a CAGR of 6.41% during the forecast period of 2024-2032 and is likely to reach a market value of USD 714.2 million by 2032.

What are the major factors aiding the Asia Pacific neonatal ventilators market demand?
The rising incidence of preterm births along with an emphasis on improving the healthcare infrastructure are fuelling the demand for the market.

What are the major Asia Pacific neonatal ventilators trends?
One of the significant market trends is the increased impetus on research activities related to the optimization of ventilation strategies for neonates with various respiratory conditions. In July 2023, a study published in JAMA Network Open revealed that NIPPV and NHFOV respiratory support treatments were associated with significantly lower reintubations in neonates.

What is the market segmentation based on the product?
Based on the product, the market is segmented into invasive ventilation, non-invasive ventilation, and hybrid ventilation.

What is the market breakup by mobility type?
By mobility type, the market is divided into intensive care ventilators, and portable and transportable ventilators, among others.

What is the market breakup by technology?
By technology, the market is divided into mechanical ventilators, high frequency ventilators, and hybrid ventilators, among others.

What are the major end users of the market?
End users of the market are hospitals, ambulatory surgical centers, and clinics, among others.

What is market segmentation by mode?
Based on the mode, the market is segmented into pressure mode ventilation, combined mode ventilation, and volume mode ventilation, among others.

What is the market segmentation by countries?
The market segmentation by countries includes China, Japan, India, ASEAN, and Australia, among others.

Who are the key players involved in the Asia Pacific neonatal ventilators market?
The key players in the market are Philips Healthcare, Medtronic, GE Healthcare, Drägerwerk AG & Co. KGaA, Hamilton Medical AG, Inspiration Healthcare Group plc, Mindray Medical International Limited, Getinge AB, Nihon Kohden Corporation, and Flight Medical Innovations Ltd.


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