North America Ventilators Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Mobility (Intensive Care Ventilators and Portable/Transportable Ventilators), Clinical Indication [Medical (In General), Trauma, Neurological (Emergency Cranial S

North America Ventilators Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Mobility (Intensive Care Ventilators and Portable/Transportable Ventilators), Clinical Indication [Medical (In General), Trauma, Neurological (Emergency Cranial Surgery or With Complex Skull Base Tumor Resections), Surgical, and Others], Patients (Adult and Pediatric & Neonatal), Interface (Invasive and Non-Invasive), Mode [Combined Mode Ventilation, Volume Mode, Ventilation, Pressure Mode Ventilation, Neurally Adjusted Ventilatory Assist (NAVA), Inverse Ratio Ventilation (IRV), Prone Ventilation, High-Frequency Oscillatory Ventilation (HFOV), High-Frequency Percussive Ventilation (HFPV), and Other], and End User [Hospitals & Clinics, Home Care, Ambulatory Care Centers, and Emergency Medical Services (EMS)]

The North America ventilators market is expected to grow from US$ 2,053.28 million in 2022 to US$ 3,525.60 million by 2028; it is estimated to register a CAGR of 9.4% from 2022 to 2028.

Growing Prevalence of Respiratory Diseases Fuels North America Ventilators Market

Respiratory diseases such as chronic obstructive pulmonary disease (COPD), asthma, acute lower respiratory tract infections, tuberculosis, and lung cancer are among the most common causes of severe illness and death across North America. Urbanization, rise in pollution, unhealthy lifestyle habits, and high tobacco smoking prevalence are a few of the major factors leading to the surge in the number of respiratory and cardiovascular disease cases. Such disease can cause acute respiratory failure, and its treatment requires mechanical ventilation. As per the Office of Disease Prevention and Health Promotion, ~14.8 million adults in the US were diagnosed with COPD in 2020. Also, according to the estimates by the Centers for Disease Control and Prevention (CDC), ~24.8 million people in the US were suffering from asthma in 2018. Moreover, in 2017, people suffering from asthma recorded ~1.6 million emergency department (ED) visits and 183,000 hospitalizations in the country. In addition, a ventilator assists the patient suffering from respiratory diseases and other breathing conditions, as these disorders make breathing difficult or impossible. Thus, the growing prevalence of respiratory diseases is increasing the demand for ventilators, which is fueling the North America ventilators market growth.

North America Ventilators Market Overview

The North America ventilator market is segmented into the US, Canada, and Mexico. The US held the largest share of the North American ventilator market in 2022. The high prevalence of respiratory diseases and smoking, a rise in the geriatric population, a highly developed healthcare system, a rise in healthcare expenditure, and the presence of major market players are a few of the prominent factors propelling the market growth.

North America Ventilators Market Revenue and Forecast to 2028 (US$ Million)

North America Ventilators Market Segmentation

The North America ventilators market is segmented on the basis of mobility, clinical indication , patients, interface, mode, end user, and country.

Based on mobility, the North America ventilators market is bifurcated into intensive care ventilators and portable/transportable ventilators. The intensive care ventilators segment held a larger North America ventilators market share in 2022.

Based on clinical indication, the North America ventilators market is segmented into medical (in general), trauma, neurological (emergency cranial surgery or with complex skull base tumor resections), surgical, and others. The medical (in general) segment held the largest North America ventilators market share in 2022.

Based on patients, the North America ventilators market is bifurcated into adult and pediatric & neonatal . The adult segment held a larger North America ventilators market share in 2022.

Based on interface, the North America ventilators market is divided into invasive and non-invasive . The invasive segment held a larger North America ventilators market share in 2022.

Based on mode, the North America ventilators market is segmented into combined mode ventilation, volume mode, ventilation, pressure mode ventilation, neurally adjusted ventilatory assist (NAVA), inverse ratio ventilation (IRV), prone ventilation, high-frequency oscillatory ventilation (HFOV), high-frequency percussive ventilation (HFPV), and other. The combined mode ventilation segment held the largest North America ventilators market share in 2022.

Based on end user, the North America ventilators market is segmented into hospitals & clinics , home care, ambulatory care centers, and emergency medical services (EMS) . The hospitals & clinics segment held the largest North America ventilators market share in 2022.

Based on country, the North America ventilators market is segmented into the US, Canada, and Mexico. The US dominated the North America ventilators market share in 2022.

Dragerwerk AG & Co. KGaA; Fisher & Paykel Healthcare Limited; General Electric Co; Getinge AB; Hamilton Medical; Koninklijke Philips NV; Medtronic Plc; ResMed Inc.; and VYAIRE MEDICAL, INC. are the leading companies operating in the North America ventilators market.

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