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Ventilator assists patients to breath, or takeover the breathing function completely, depending upon the needs of the patient. It does not treat a disease but is used as life support. It is indicated in respiratory failure conditions cardiac insufficiency and neurological dysfunction conditions.
Among the different end users, the largest revenue was generated from the sales of ventilators in hospitals in 2015. It is mainly used in hospitals for the treatment of sleep apnea, acute lung injury, hypoxemia and obstructive pulmonary disease. The global ventilator market for home care is expected to grow at a CAGR of 8.4% during 2016 - 2022.
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Some of the players operating in the global ventilator market include ResMed, Inc, General Electric Company, Hamilton Medical AG, Koninklijke Philips N.V, Becton, Dickinson and Company, and Medtronic plc.
GLOBAL VENTILATOR MARKET SEGMENTATION
By Product Type
- Intensive care ventilator
- Portable ventilator
By Age Group
By End User
- Home care
- Ambulatory care
- North America
- Rest of North America
- Rest of Europe
- Rest of Asia-Pacific
- Rest of the World (RoW)
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