Selbyville, DE -- (SBWire) -- 10/05/2018 --Rising incidences of preterm births with respiratory disorders and mortality rates primarily drive the demand for various neonatal ventilators worldwide. Technological advancements in ventilators' design and function are resulting in rising adoption rate, especially in developed regions. Moreover, growing birth rate should augment market demand during projection years.
Neonatal Ventilator Market is set to exceed USD 430 million by 2024; according to a new research report. The U.S. neonatal ventilator market is the largest in the world, being the pioneer and early adopter of various airway interface devices. During the forecast period, it will continue to grow with modest but steady growth and dominate the industry worldwide.
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Scope of Report
Inadequate infrastructure in developing and under-developed regions to support advanced ventilators proves to be growth hindering factor. Also, high prices of ventilators happen to hamper adoption rates in many economies across the globe. During the forecast timeframe, price constraint will continue to restrain industry growth.
High frequency of use and broad application of invasive neonatal ventilators in healthcare settings sets them to witness higher growth than non-invasive ones over the forecast period; moreover, deepening market penetration of the same in developing countries should largely contribute to it's market.
Steadily increasing acceptance of non-invasive systems will augment industry growth in coming 5-7 years. However, invasive systems will continue to be mainstream interface in many regions worldwide. Efforts by manufacturers and government institutions to minimize the prices of non-invasive ventilators should fuel industry growth.
The need to use non-invasive interface for treating preterm birth neonates will prove to be high impact rendering factors for market growth. Use of neonatal ventilators is found to be highest in hospitals amongst all other healthcare facilities offering maternity care. During the forecast timeframe, hospitals will continue to dominate the end-user market segment; factors such as people's preference to hospitals over other healthcare facilities and their large should fuel demand for various neonatal ventilators.
Growing popularity of clinics in developed countries should significantly contribute to demand for ventilators in this setting. Moreover, rapid adoption of advanced airway interfaces will augment market over the projection years. With increase in number of clinics, the demand is anticipated to only increase in near future, especially in industrialized nations.
Top Manufacturers in global market are given bellow: Medtronic Plc, GE Healthcare, CareFusion, HAMILTON MEDICAL, Phillips Respironics, Smith Medical, Breas Medical, Drager Medical, ResMed and MAQUET.
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Improving healthcare infrastructure, expanding and developing hospital sector, and increasing adoption of new devices to address appalling conditions of neonates suffering from respiratory problems should drive the Indian neonatal ventilators market during the projection years. With growing number of births in the country, the demand must grow in near future.
The above information is provided on a regional and country basis for the following: U.S., Canada, Germany, UK, France, Italy, Spain, Russia, Netherlands, Poland, China, India, Japan, South Korea, Australia, Indonesia, Vietnam, Brazil, Mexico, Argentina, Colombia, Saudi Arabia, UAE, South Africa
Neonatal Ventilator Market by Product
- Invasive
- Non-invasive
Neonatal Ventilator Market by End User
- Hospitals
- Clinics
- Ambulatory centers
Table of Content
Chapter 1. Methodology & Scope
Chapter 2. Executive Summary
Chapter 3. Commercial Drone Industry Insights
Chapter 4. Competitive Landscape
Continued@........................
Data Tables
TABLE 1. Neonatal Ventilators industry 360 synopsis, 2013 - 2024
TABLE 2. Global Neonatal Ventilators market, 2013 - 2024 (USD Million)
TABLE 3. Global Neonatal Ventilators market, by product, 2013 - 2024 (USD Million)
TABLE 4. Global Neonatal Ventilators market, by end user, 2013 - 2024 (USD Million)
TABLE 5. Global Neonatal Ventilators market, by region, 2013 - 2024 (USD Million)
TABLE 6. Industry impact forces
TABLE 7. Invasive Neonatal Ventilators market size, by region, 2013 - 2024 (USD Million)
TABLE 8. Non-invasive Neonatal Ventilators market size, by region, 2013 - 2024 (USD Million)
TABLE 9. Hospitals Neonatal Ventilators market size, by region, 2013 - 2024 (USD Million)
TABLE 10. Clinics and Maternity Centres Neonatal Ventilators market size, by region, 2013 - 2024 (USD Million)
TABLE 11. Ambulatory canters Neonatal Ventilators market size, by region, 2013 - 2024 (USD Million
TABLE 12. North America Neonatal Ventilators market size, by country, 2013 - 2024 (USD Million)
TABLE 13. North America Neonatal Ventilators market size, by product, 2013 - 2024 (USD Million
TABLE 14. North America Neonatal Ventilators market size, by end user, 2013 - 2024 (USD Million)
TABLE 15. U.S. Neonatal Ventilators market size, by product, 2013 - 2024 (USD Million)
TABLE 16. U.S. Neonatal Ventilators market size, by end user, 2013 - 2024 (USD Million)
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Neonatal Ventilators Market Detail Analysis Focusing on Key Players Like GE Healthcare, CareFusion, HAMILTON MEDICAL, Phillips Respironics, Smith Medical
MarketStudyReport.com Adds New Neonatal Ventilators Market 2017 – 2024 research report providing information By Product (Invasive and Non-invasive), By End User (Hospitals, Clinics and Ambulatory Centers) & Forecast spreading across 95 Pages with table and figures in it.