Global High flow Ventilators Market Size study, By Modality Type (Portable High Flow Ventilators, Trolley Mounted High Flow Ventilators), By End User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Long Term Care Centers, Others), and Regional Forecasts 2022-2028
Global High flow Ventilators Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The High flow Ventilators refers to type of respiratory support system that is largely used in hospitals, ambulatory surgical centers, and critical care units to treat patients with acute and chronic respiratory failure. As compared to traditional oxygen therapy which offers oxygen therapy at rate 16L/min, high flow ventilators offer oxygen therapy at rates of up to 60L/min. The growing prevalence of Chronic respiratory diseases (CRDs) and rising number of surgeries
As well as recent product launches from leading market players are accelerating the global market demand. For instance, according to World Health Organization (WHO)’s estimates – in 2019, worldwide Chronic obstructive pulmonary disease (COPD) estimated as the third leading cause of death, witnessing for around 3.23 million deaths. Further, around 90% of reported COPD deaths occurred in low- and middle-income countries. Furthermore, leading market players are coming up with innovative products to capitalize the increasing adoption of high flow ventilators. For instance, in April 2020, Philips launched its new Philips Respironics E30 ventilator. In wake of covid 19 pandemic the company decided to begin production immediately and would produce around 15,000 units per week. Moreover, in October 2021, Texas, US based Movair, a respiratory therapy company launched its new advanced ventilator system named Luisa in the U.S. This new product is intended for homes, institutions, hospitals or portable applications for invasive and non-invasive ventilation application. Also, growing healthcare sector in emerging economies and rising geriatric population are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a high cost associated with high flow ventilators impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global High flow Ventilators Market study include Asia Pacific,North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing prevalence of chronic diseases and recent approvals from regulatory authorities in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of hospital and healthcare units as well as increasing penetration of leading market players in the region, would create lucrative growth prospects for the global High flow Ventilators Market across the Asia Pacific region.
Major market players included in this report are:
Getinge AB
Hamilton Medical
HERSILL
Koninklijke Philips NV
Medtronic PLC
ResMed
Vyaire Medical, Inc.
GE Healthcare
ZOLL Medical Corporation
Shenzhen Northern Meditec Limited
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Modality Type
Portable High Flow Ventilators
Trolley Mounted High Flow Ventilators
By End User
Hospitals
Ambulatory Surgical Centers
Specialty Clinics
Long Term Care Centers
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global High flow Ventilators Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Getinge AB
Hamilton Medical
HERSILL
Koninklijke Philips NV
Medtronic PLC
ResMed
Vyaire Medical, Inc.
GE Healthcare
ZOLL Medical Corporation
Shenzhen Northern Meditec Limited
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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