The global demand for Portable Ventilator Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX Units in 2021 and foreseen to touch XX Units by 2027 with a CAGR of XX% during 2021-2027.
A portable ventilator is a sophisticated device used for intensive care units, incorporated with sizeable pneumatic component intended to utilize piped gases and mains electricity. These are robust, lightweight, and can function with minimum maintenance and requirements. Portable ventilators are used in various situations that place different requirements on their design from an accident scene, healthcare facilities, domiciliary ventilation, and improvised intensive care facilities.
The market is driven by growing incidences of respiratory failure.Failure of the respiratory system is caused by different kind of infection, injuries, and respiratory diseases. Growing production and investment due to the global emergency is fuelling the demand. A national emergency has taken rise from COVID-19 cases multiplying at a rapid rate; the estimate suggests the world would need ventilators in a million figures over the next two months. The number of COVID-19 cases is growing at such a robust pace; many hospitals will not have enough ventilators available for the patients that need them. Ventilators are one of the most important tools hospitals have for keeping COVID-19 patients in the most critical condition alive. As a result, players in collaboration with technology partners and governments are propelling the production of portable ventilators. However, the high cost of the ventilator is the biggest drawback. But compared to conventional ventilator portable ventilator offer cost relaxation. Based on low-cost advantages, demand expectation may result in bulk.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of Portable Ventilator.
The entire Portable Ventilator market has been sub-categorized into mode, interface, age group, and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Combined-Mode Ventilation
- Pressure-Mode Ventilation
- Volume-Mode Ventilation
By Age Group
- Non-Invasive Ventilation
- Invasive Ventilation
- Infant/Neonatal Ventilator
- Adult/Pediatric Ventilator
- Hospitals and Clinics
- Ambulatory Care Centers
- Home Care
This section covers regional segmentation which accentuates on current and future demand for Portable Ventilator market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Portable Ventilator Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Portable Ventilator market include Koninklijke Philips N.V., Drgerwerk AG & Co., Becton, Dickinson and Company, Medtronic. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.