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SOURCE Research and Markets
DUBLIN, April 28, 2014 /PRNewswire/ --
Dublin - Research and Markets (http://www.researchandmarkets.com/research/jw8pxt/mechanical) has announced the addition of the "Mechanical Ventilators Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" report to their offering.
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Mechanical ventilators are a critical application in healthcare settings both in hospitals and home for the sustenance of efficient breathing in individuals suffering with acute respiratory conditions. The global market for mechanical ventilators has grown significantly over the past two decades and is characterized by technological innovation and increase in preference for non-invasive, portable and homecare ventilators. Rapid growth in aging population, increase in incidence of COPD (chronic obstructive pulmonary disease), rise in the incidence of respiratory emergencies and technological innovation in respiratory care devices are the major environmental factors that drive the mechanical ventilators market.
Increase in demand for technologically advanced mechanical ventilators has also resulted in shift in preference for the nature of disposables used in such devices such as catheters, swivels and connectors and the circuits these products are used in. Cost containment in the variety of disposable products used in ventilators coupled with the rise in demand of such products has led the growth in their bulk purchase. The global market for mechanical ventilators was worth USD 1,191.4 million in 2011, with the critical care mechanical ventilators segment dominating the total market.
On the other hand, tight budgetary constraints faced by ventilator manufacturers and healthcare service providers are the factors that currently hold back the growth of this market. Technical advances such as rapid innovation in the field of positive airway pressure (PAP) devices, portability and improvement in the battery life of transport and portable devices are the primary influencers in the mechanical ventilators market. The pressure on governments to explore avenues to improve health of the general population while simultaneously reducing financial burden is on the rise. As the number of ageing patients requiring long-term ventilation is increasing, the demand for healthcare facilities that can offer long-term treatment for chronic respiratory conditions is also growing.
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Global Mechanical Ventilators Market Revenue, by Products, 2011 - 2019 (USD Million)
Chapter 5 Global Mechanical Ventilators Market Revenue, by Geography, 2011 - 2019 (USD Million)
Chapter 6 Recommendations
Chapter 7 Company Profiles
For more information visit http://www.researchandmarkets.com/research/jw8pxt/mechanical
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