The latest research study “Neonatal Ventilator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global neonatal ventilator market size reached a value of US$ 368.5 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 547.2 Million by 2027, exhibiting a CAGR of 6.60% during 2022-2027.
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A neonatal ventilator is a medical device routinely used to provide medical assistance in exchange for oxygen and carbon dioxide to preterm and critically ill infants. It is used on infants suffering from respiratory failure and with low lung compliance, high airway resistance, small tidal volume, and increased respiratory rates. A neonatal ventilator consists of various components such as breathing circuits, humidification systems, gas-delivery systems, monitors and associated alarms, gas sources of oxygen, and compressed air. It facilitates breathable air in and out of the lungs and alveolar gas exchange with positive pressure to inflate the infant’s lungs. Owing to this, neonatal ventilators are gaining traction during the treatment of neonates across healthcare organizations and clinics.
COVID-19Impact on Market: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Neonatal Ventilator Market Trends and Drivers:
The global neonatal ventilator market is primarily driven by the growing number of preterm births with respiratory conditions. Besides this, the increasing rate of neonate mortality due to pneumonia, tetanus, diarrhea, and birth asphyxia worldwide is also fueling the market growth.
In addition, the rising awareness among healthcare professionals regarding the benefits of using non-invasive ventilators to reduce the occurrence of hypercapnia, and improve oxygenation and dyspnea is escalating the product demand.
As a result, governments in various countries are extensively investing to develop neonatal ICUs (NICUs) and prevent and treat respiratory disorders. Furthermore, technological advancements in neonatal ventilators are also anticipated to facilitate the market growth in the upcoming years.
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Global Neonatal Ventilator Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Neonatal Ventilator Companies:
Air Liquide Medical Systems India (Air Liquide S.A), Airon Corporation, Breas Medical AB (Shanghai Fosun Pharmaceutical Co. Ltd.), Drägerwerk AG & Co. KGaA, Fisher & Paykel Healthcare Corporation Limited, Getinge AB, Hamilton Medical AG (Hamilton Bonaduz AG), Inspiration Healthcare Group plc, Koninklijke Philips N.V., Medtronic plc, Nihon Kohden Corporation, ResMed and Vyaire Medical Inc.
The report has segmented the market on the basis of region, type, mobility type, mode and end user.
Breakup by Type:
Breakup by Mobility Type:
- Intensive Care Ventilators
- Portable and Transportable Ventilators
Market Breakup by Mode:
- Pressure Mode Ventilation
- Combined Mode Ventilation
- Volume Mode Ventilation
Breakup by End User:
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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