Global Market for Critical Care Ventilators and Airway Management Devices to Exceed $7.2 Billion in Next Four Years
Market Growth Being Fueled by Rising Caseloads, Along with Demand for Cost Saving and High-End Technologies, According to Findings from Life Science Intelligence
HUNTINGTON BEACH, Calif., June 11, 2015 /PRNewswire/ -- According to newly released analyses from Life Science Intelligence, the U.S., European, Asia-Pacific and rest-of-world (ROW) markets for respiratory care products such as ventilators and airway management systems will be driven by demographic trends including increasing neonatal cases and the growing number of elderly individuals with diseases such as congestive heart failure (CHF), chronic obstructive pulmonary disease (COPD) and sleep apnea. Other growth drivers include the rising number of surgeries, and the demand for cost-saving and high-end (especially noninvasive, portable, and long-term care) technologies that can accommodate a broad range of treatment capabilities in critical care. Market headwinds include continued financial constraints on healthcare systems leading to longer replacement cycles, and downward pricing pressures. The U.S. represents the largest market for these devices, although countries in the Asia-Pacific and ROW regions are expected to generate the fastest growth rates through 2019.
This new report examines the global markets for ventilators used in acute care; neonatal care; high-frequency ventilators; sub-acute ventilators; portable ventilators; transport systems; and noninvasive ventilators. Airway management product markets analyzed in the study include ventilator circuits; heat and moisture exchangers; heated humidifiers; laryngeal mask airways and supraglottic airways; and masks and circuits used for noninvasive ventilation.
Leading suppliers that are covered in this new report, "Global Markets for Assisted Breathing, Airway Management, & Ventilation" include Philips Respironics, ResMed, CareFusion, Draeger Medical, Maquet (Getinge Group), Teleflex Medical, Covidien, Allied Healthcare Products, Amby, Bio-Med Devices, Bunnell, eVent Medical, Fisher & Paykel Healthcare, Fritz Stephan, GE Healthcare, Heinen + Lowenstein, Impact Instrumentation, Intersurgical, Kimberly-Clark Health Care, King Systems, Metran, Oceanic Medical Products, O-Two Medical Technologies, Pall, Sechrist Industries, SLE and Smiths Medical, among others.
For additional details or to obtain a copy of this new study, visit here or contact LSI.
Contact:
Scott Pantel
[email protected]
714 847 3540
About Life Science Intelligence
Life Science Intelligence (LSI) delivers high-quality global market intelligence products to medical technology executives, entrepreneurs, and investors. LSI provides custom research services, publishes global market reports and procedure volume databases, tracks emerging medtech companies, and hosts the annual Emerging Medical Technologies Summit.
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SOURCE Life Science Intelligence
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