APAC Ventilator Market Industry Trends and Forecast to 2032
The Asia-Pacific ventilator market is expected to reach USD 2,607.93 million by 2031 from USD 1,454.86 million in 2023, growing at a CAGR of 7.7% during the forecast period of 2024 to 2031.
Market SegmentationAsia-Pacific Ventilator Market, By Product Type (Intensive Care Ventilators, Portable Ventilators, and Neonatal Ventilators), Modality (Invasive Ventilation and Non-Invasive Ventilation), Type(Adult Ventilators, Neonatal Ventilators, and Pediatric Ventilators), Mode(Combined-Mode Ventilation, Volume-Mode Ventilation, Pressure-Mode Ventilator, and Other), End User (Hospitals, Specialty Clinics, Homecare Settings, Long Term Care Centers, and Rehabilitation Centers), Country (Japan, China, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia Pacific) - Industry Trends and Forecast to 2031
Overview of Asia-Pacific Ventilator Market Dynamics
Driver• Increasing prevalence of chronic respiratory diseases
• Increasing geriatric population prone to respiratory disorders
Restrain• Side effects associated with the usage of ventilators
Opportunity• Increasing healthcare expenditure
Market PlayersSome of the major market players operating in the Asia-Pacific ventilator market are:• Koninklijke Philips N.V.
•GE Healthcare
•VYAIRE
•Drägerwerk AG & Co. KGaA
•Getinge AB
•Medtronic
•Air Liquide
•Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
•Smiths Group plc
•ResMed
•Hamilton Medical
•Fisher & Paykel Healthcare Limited.
•Zoll Medical Corporation
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