Neonatal Ventilators Market Comprehensive Analysis, Growth Forecast to 2024
Category: #world  By Ashwin Naphade  Date: 2019-01-28
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Neonatal Ventilators Market Comprehensive Analysis, Growth Forecast to 2024

This Global Neonatal Ventilators market report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years.

Rising incidences of preterm births with respiratory disorders and mortality rates primarily drive the demand for various neonatal ventilators worldwide. Technological advancements in ventilators' design and function are resulting in rising adoption rate, especially in developed regions. Moreover, growing birth rate should augment market demand during projection years.

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Inadequate infrastructure in developing and under-developed regions to support advanced ventilators proves to be growth hindering factor. Also, high prices of ventilators happen to hamper adoption rates in many economies across the globe. During the forecast timeframe, price constraint will continue to restrain industry growth. Neonatal Ventilator Market is set to exceed USD 430 million by 2024; according to a new research report.

The U.S. neonatal ventilator market is the largest in the world, being the pioneer and early adopter of various airway interface devices. During the forecast period, it will continue to grow with modest but steady growth and dominate the industry worldwide.

Steadily increasing acceptance of non-invasive systems will augment industry growth in coming 5-7 years. However, invasive systems will continue to be mainstream interface in many regions worldwide. Efforts by manufacturers and government institutions to minimize the prices of non-invasive ventilators should fuel industry growth.

The need to use non-invasive interface for treating preterm birth neonates will prove to be high impact rendering factors for market growth. Use of neonatal ventilators is found to be highest in hospitals amongst all other healthcare facilities offering maternity care. During the forecast timeframe, hospitals will continue to dominate the end-user market segment; factors such as people's preference to hospitals over other healthcare facilities and their large should fuel demand for various neonatal ventilators.

High frequency of use and broad application of invasive neonatal ventilators in healthcare settings sets them to witness higher growth than non-invasive ones over the forecast period; moreover, deepening market penetration of the same in developing countries should largely contribute to it's market.

Improving healthcare infrastructure, expanding and developing hospital sector, and increasing adoption of new devices to address appalling conditions of neonates suffering from respiratory problems should drive the Indian neonatal ventilators market during the projection years. With growing number of births in the country, the demand must grow in near future.

Some of the key industry players operating in global neonatal ventilator market are Medtronic Plc, GE Healthcare, CareFusion, HAMILTON MEDICAL, Phillips Respironics, Smith Medical, Breas Medical, Drager Medical, ResMed and MAQUET.

The industry participants focus on new product developments, mergers and acquisitions and geographical expansion to increase their foothold in the market and gain competitive advantage.

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Table of Content:

Chapter 1    Methodology    

 1.1     Methodology   

 1.1.1    Initial data exploration    

 1.1.2    Statistical model and forecast   

 1.1.3    Industry insights and validation  

 1.1.4    Market definition and forecast parameters  

 1.2     Data Sources     

 1.2.1    Secondary 

 1.2.2    Primary    

 Chapter 2    Executive Summary  

 2.1     Neonatal ventilators industry 360 degree synopsis, 2013 - 2024    

 2.1.1    Business trends   

 2.1.2    Product trends     

 2.1.3    End use trends    

 2.1.4    Regional trends    

 Chapter 3    Neonatal Ventilators Industry Insights   

 3.1     Industry segmentation   

 3.2     Industry landscape, 2013 - 2024    

 3.3     Industry impact forces  

 3.3.1    Growth drivers     

 3.3.1.1  Increasing number of preterm births   

 3.3.1.2  Rising incedence of respiratory disorders in neonates

 3.3.1.3  Technological advancements    

 3.3.2    Industry pitfalls & challenges     

 3.3.2.1  High prices of neonatal ventilators

 3.3.2.2  Lack of required infrastruture in developing countries

 3.4     Growth potential analysis

 3.4.1    By product

 3.4.2    By end user

 3.5     Technology landscape    

 3.6     Porter's analysis  

 3.7     Competitive landscape, 2016    

 3.7.1    Strategy dashboard    

 3.8     PESTEL analysis      

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About Author

Ashwin Naphade

Email: [email protected]   

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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