DUBLIN, Aug. 6, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Ventilators Market to 2020 - Technical Advances and Hospital Expansion Serve as Distinct Regional Growth Drivers" report to their offering.
The global ventilators market was valued at $765.3m in 2013 and is forecast to exceed $1 billion by 2020, increasing at a CAGR of 5%. The increasing prevalence of Chronic Obstructive Pulmonary Disease (COPD), especially in the population aged 80 and above, will remain the major driver of growth. The high prevalence of COPD has led to an increase in critical care admissions, where the use of mechanical ventilation is common.
The introduction of new technologies and ventilation modes that prevent lung injury, reduce the time that patients have to spend on mechanical ventilation and sedation, and improve the synchrony between the patient and ventilator, will be the other major drivers of growth. Emerging economies, especially India and China, present significant potential for growth and will increase the number of Intensive Care Unit (ICU) beds per 100,000 population.
Key Topics Covered:
1 List of Tables
3 Respiratory Diseases - Overview
4 Global Ventilators Market: Definitions
5 Global Ventilators Market: Market Characterization
6 Global Ventilators Market: Country Analysis and Forecasts
7 Global Ventilators Market: Reimbursement System
8 Global Ventilators Market: Competitive Landscape
9 Global Ventilators Market: Product Pipeline Analysis
10 Global Ventilators Market: Consolidation Landscape
- Air Liquide
- GE Healthcare (Subsidiary of General Electric)
- Philips Respironics (Subsidiary of Koninklijke Philips)
- Smiths Medical
For more information visit http://www.researchandmarkets.com/research/mmnj96/ventilators
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SOURCE Research and Markets