Global Resuscitators and Transport Ventilators Market, By Type (Continuous Positive Airway Pressure (CPAP), Noninvasive Positive Pressure Ventilation (NIPPV), Others), Application (Public Sector, Private Sector) – Industry Trends and Forecast to 2029.
Resuscitators and Transport Ventilators Market Analysis and Size
A resuscitator is a device that inflates and deflates a person's lungs when they are not breathing. A transport ventilator is a machine that assists people who are critically ill or injured in breathing. It moves air into and out of the lungs, assisting them in receiving adequate oxygen. Transport ventilators provide consistent respiratory rate and tidal volume ventilation to the intubated patient.
Data Bridge Market Research analyses that the resuscitators and transport ventilators market which was USD 500 million in 2021, would rocket up to USD 773.18 million by 2029, and is expected to undergo a CAGR of 5.60% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Resuscitators and Transport Ventilators Market Scope and Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2014 - 2019)
|
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Type (Continuous Positive Airway Pressure (CPAP), Noninvasive Positive Pressure Ventilation (NIPPV), Others), Application (Public Sector, Private Sector)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
|
|
Market Players Covered
|
Drägerwerk AG & Co. KGaA (Germany), General Electric (U.S.), heyer medical AG (U.K.), Acutronic Holding AG (Germany), Hamilton Medical (Switzerland), medin Medical Innovations GmbH (Germany), Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China), Atom Medical Corp. (Japan), ResMed (U.S.), Medtronic (Ireland), BD (U.S.), Getinge AB (Sweden), Smiths Group plc (U.K.)
|
|
Market Opportunities
|
|
Market Definition
Transport ventilators, also known as portable ventilators are mechanical ventilation devices that are specifically designed for use in emergency or transport situations. They are same as stationary ventilators which assists patients in breathing by delivering either oxygen-enriched gas or room, air into the respiratory system via invasive or non-invasive. A number of automatic resuscitators, simple and complex transport ventilators available on the market. A resuscitator is a device that uses positive pressure to inflate the lungs of a non-breathing unconscious person in order to keep them oxygenated and alive.
Global Resuscitators and Transport Ventilators Market Dynamics
Drivers
- Increasing incidence of respiratory diseases
The global resuscitators and transport ventilators market is expected to grow during the forecast period owing to the increasing incidence of respiratory diseases such as pneumonia, and chronic obstructive pulmonary disease (COPD), and asthma. Rising prevalence of respiratory diseases such as chronic obstructive pulmonary disease (COPD) and asthma, increased awareness of advanced treatments for these respiratory diseases, rapidly advancing healthcare infrastructure in developing countries such as India and China, and increasing global supply of ventilators are among the other major factors driving global ventilator market growth.
- Growing geriatric population
The geriatric population is more susceptible to respiratory diseases, which is expected to drive the demand for resuscitators and transport ventilators in the coming years. According to the United Nations' World Population Aging report from 2015, the number of people aged 65 is expected to reach nearly 1.4 billion by 2050. Furthermore, emerging and developing countries will see the greatest increase in the geriatric population. As the population of older people grows, the prevalence of conditions requiring immediate medical attention such as cardiovascular disease, diabetes, and strokes is increasing. Furthermore, the elderly people are the most vulnerable to the COVID-19 pandemic. These all factors will boost the market growth.
- Introduction of new features
Rapid technological advancements are taking place in the resuscitators and transport ventilators market, which is likely to boost their adoption in hospitals and clinics across the globe. The introduction of new features such as integrated monitoring systems is helping clinicians manage patients effectively.
Opportunities
- Increasing use of ventilators
Critically ill patients are frequently at risk of multiple organ failure due to a lack of oxygen. As a result, ventilators are used to assist or replace their breathing functions. Mechanical ventilation is indicated when the patient's spontaneous ventilation is insufficient to support and sustain life. Furthermore, it is a preventive measure used to manage and control oxygenation in critically ill patients and these will propel the market growth.
Restraints/Challenges
- High cost of resuscitators and transport ventilators
The initial purchase cost will obstruct the market's growth rate. Costs for these ventilators can range from $5,000 to $50,000.
This resuscitators and transport ventilators market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the resuscitators and transport ventilators market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Resuscitators and Transport Ventilators Market Scope
The resuscitators and transport ventilators market is segmented on the basis of type, application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Continuous Positive Airway Pressure (CPAP)
- Non-invasive Positive Pressure Ventilation (NIPPV)
- Others
Application
- Public Sector
- Private Sector
Resuscitators and Transport Ventilators Market Regional Analysis/Insights
The resuscitators and transport ventilators market is analysed and market size insights and trends are provided by country, type, application as referenced above.
The countries covered in the resuscitators and transport ventilators market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the resuscitators and transport ventilators market due to the increased prevalence of heart and respiratory disorders, growing geriatric population and continuing technical advancements and product developments are key drivers of resuscitators and transport ventilators market growth.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 owing to the growing inventive and interdisciplinary technologies and products in this particular region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Resuscitators and Transport Ventilators Market Share Analysis
The resuscitators and transport ventilators market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to resuscitators and transport ventilators market.
Some of the major players operating in the resuscitators and transport ventilators market are:
- Drägerwerk AG & Co. KGaA (Germany)
- General Electric (U.S.)
- heyer medical AG (U.K.)
- Acutronic Holding AG (Germany)
- Hamilton Medical (Switzerland)
- medin Medical Innovations GmbH (Germany)
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China)
- Atom Medical Corp. (Japan)
- ResMed (U.S.)
- Medtronic (Ireland)
- BD (U.S.)
- Getinge AB (Sweden)
- Smiths Group plc (U.K.)
SKU-