Transparency Market Research Report Added "Mechanical Ventilators Market - Global Industry Analysis, Size, Trends, and Forecast 2016 - 2024"
Albany, NY -- (SBWIRE) -- 12/15/2016 -- Mechanical Ventilators Market: Scope of the Study
This report provides forecast and analysis of the mechanical ventilators market on the global and regional levels. It provides historical data of 2015 along with forecast from 2016 to 2024 in terms of revenue (US$ Mn) and volume (units). The report also includes macroeconomic indicators along with an outlook on mechanical ventilators sales globally. It includes drivers and restraints of the mechanical ventilators market and their impact on each region during the forecast period. The report also comprises the study of current issues with end users and opportunities for ventilator manufacturers. It also includes detailed pricing analysis by product type and value chain analysis with a list of vendors and industry stakeholders at each node in the value chain.
In order to provide users of this report with a comprehensive view of the market, we have included detailed competitiveness analysis and company players with unique selling propositions. The dashboard provides a comprehensive comparison of ventilator manufacturers on parameters such as collective market share and geographic concentration. The study encompasses market attractiveness analysis by product type, by mode, by end users and region.
The global market for mechanical ventilators was worth US$1.1 bn in 2015 and is poised to reach a value of US$1.8 bn by 2024, registering a 4.8% CAGR therein. In terms of volume, the mechanical ventilators market is projected to expand at a CAGR of 5.5% during the forecast period.
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Mechanical Ventilators Market: Segmentation
The report includes revenue generated from sales of mechanical ventilators in all regions and important countries in these regions. By product, the global mechanical ventilators market has been segmented into critical care mechanical ventilators, neonatal intensive care mechanical ventilators, portable mechanical ventilators, and transport mechanical ventilators. By mode, the market is segmented into invasive mechanical ventilators and non-invasive mechanical ventilators. On the basis of end users, the global mechanical ventilators market is segmented into hospitals, trauma centers, home healthcare and others. And on the basis of region, the market is segmented into North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa.
Mechanical Ventilators Market: Research Methodology
Market numbers have been estimated based on average sales and average pricing of mechanical ventilators by product type and the revenue is derived from regional pricing trends. Market size and forecast for each segment have been provided in the context of global and regional markets. The mechanical ventilators market has been analyzed based on expected demand. Prices considered for the calculation of revenue are regional average prices obtained through primary quotes from numerous regional ventilator manufacturers and distributors. All key end users have been reviewed, and potential applications have been estimated on the basis of secondary sources and feedback from primary respondents. Regional demand patterns have been considered while estimating the market for various end users of mechanical ventilators in different regions. Top-down approach has been used to assess the mechanical ventilators market by region. Market numbers for global product and mode segments have been derived using the bottom-up approach, which is cumulative of each region's demand. The company-level market share has been derived on the basis of revenues reported by key manufacturers. The market has been forecast based on constant currency rates.
Several primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, NCBI, Google Books, company annual reports, websites, and publications.
The report provides detailed competitive and company profiles of key participants operating in the global market. Key players in the global mechanical ventilators include Dragerwerk AG & Co. KGaA, Philips Healthcare, GE Healthcare, Smiths Medical, Becton, Dickinson and Company, Fisher and Paykel Healthcare Limited, Getinge Group, Medtronic Plc, ResMed, and Hamilton Medical AG.
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