recovery process of various chronic diseases is expected to augment growth of the global
mechanical ventilators market. For instance, according to the National Council of Aging, in
2014, around 80% of the adults in the U.S. suffer from at least one chronic condition. The
rising demand for emergency treatment of prolonged illness is also expected to drive growth of
global mechanical ventilators market. However, high costs of the devices and shrinking profit
margins of the major market players are expected to hinder the market growth.
Regional Insights:
On the basis of region, the global mechanical ventilators market is segmented into North
America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America holds a
dominant position in the global mechanical ventilators market and is expected to retain its
dominance over the forecast period, owing to rising number of patient admissions in emergency
wards due to critical health conditions and severe injuries that require external support for
survival. For instance, according to the Society of Critical Care Medicine, in 2015, over 5.7
million patients were admitted to the intensive care units (ICU) in the U.S. for intensive or
invasive monitoring, airway support, stabilization of chronic medical problems, and breathing
disorders.
Furthermore, Asia Pacific is expected to witness a significant growth in the market, owing to
developments in healthcare infrastructure, rising awareness among patients and manufacturers,
and development of innovative and cost efficient solutions. For instance, in September 2017, the
department of Neurology at the All India Institute of Medical Sciences (AIIMS) developed a
portable life supporting ventilator that is 450 times smaller than the conventional counterparts
and multiple times cheaper than the price of normal mechanical ventilators.
Report includes chapters which deeply display the following deliverable about industry :
• Mechanical Ventilators Market Research Objective and Assumption
• Mechanical Ventilators Market Purview - Report Description, Executive Summary, and
Coherent Opportunity Map (COM)
• Mechanical Ventilators Market Dynamics, Regulations, and Trends Analysis - Market
Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Mechanical Ventilators Market, By Regions
• Mechanical Ventilators Market Competition by Manufacturers including Production, Share,
Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.