Categories: Press Release

At a Staggering 13% CAGR, Ventilator Market Anticipates Achieving USD Value by 2028, Affirms MarkNtel Advisors

MarkNtel Advisors is not just a market research company; it is a cornerstone in the realm of research and consulting provide market research report titled as Ventilator Market Size, Share, Analysis, Forecast 2023-2028.

Ventilator Market Analysis and Insights:

The Ventilator Market size is estimated to grow at a CAGR of around 13% during the forecast period, i.e., 2023-28.

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Ventilator Market Dynamics

Key Growth Driver: Ever-Increasing ICU Admissions Due to Rising Incidence of Respiratory Diseases

The mounting prevalence of both chronic & acute respiratory illnesses like COPD, bronchial asthma, acute lung injury, and hypoxemia, among others, due to the increasing number of tobacco consumers worldwide, is the primary factor anticipated to drive the Global Ventilator Market during 2023-28. With the constantly rising incidence of such diseases, the world is witnessing rapidly increasing ICU admissions as patients with these conditions require critical care equipment, including ventilators, the demand for which is surging at a significant pace globally.

Ventilator Market Report Segmentation:

The report has segmented the market into the following categories:

By Type

-Adult/Pediatric Ventilation

-Infant/Neonatal Ventilation

By Interface

-Invasive Ventilation

-Non-Invasive Ventilation

By Mode

-Combined-Mode Ventilation

-Volume-Mode Ventilation

-Pressure Mode Ventilation

By Mobility

-Portable

-Intensive Care

By End-User

-Hospitals and Clinics

-Home care

-Ambulatory Care Centers

-Emergency Medical Services

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Market Divided by Region/Country:

By Region

-North America

-South America

-Europe

-Asia-Pacific

-Middle East & Africa

Who are the top Companies in the Ventilator Market?

Philips, ResMed, Medtronic, Becton Dickinson, GEHealthcare, Getinge, Air Liquide, Hamilton Medical, Smith’s Group, Drager, Fisher and Paykel, Others

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About Us-

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.