Transportable ventilators, also known as portable ventilators, are mechanical breathing equipment's intended for use in emergency or transport situations. They help patients breathe by providing oxygen-enriched gas or room air into the patient's respiratory system via invasive or noninvasive techniques, similar to stationary ventilators.
MARKET SCOPE
The "Global Transportable Ventilators Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the transportable ventilators market with detailed market segmentation by type, modes, age group, end user, and geography. The report provides key statistics on the market status of the leading transportable ventilators market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of type, the market is segmented into continuous positive airway pressure (CPAP), noninvasive ventilators, bi-level positive airway pressure ventilators, negative pressure ventilators, and invasive ventilators.
- Based on basis of modes, the market is bifurcated into pressure, volume, and combined.
- Based on basis of age group, the market is bifurcated into pediatric and adult.
- Based on end user, the market is bifurcated into hospitals and clinics, ambulatory care centers, and home care.
MARKET DYNAMICS
Drivers:
- Growing prevalence of respiratory diseases.
- Rapid growth in the aging population.
Restraints:
- High cost of the installation and maintenance of transportable ventilator.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The transportable ventilators market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the transportable ventilators market in these regions.
IMPACT OF COVID-19 ON TRANSPORTABLE VENTILATORS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities. Transportable ventilators market is moderately affected due to COVID-19.
MARKET PLAYERS
The report covers key developments in the transportable ventilators market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from transportable ventilators market are anticipated to lucrative growth opportunities in the future with the rising demand for transportable ventilators in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the transportable ventilators market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Medtronic
- Hamilton Medical
- Bio-Med Devices
- Leistung
- MAQUET Holding B.V. & Co. KG.
- Smiths Medical
- Koninklijke Philips N.V.
- Dr?gerwerk AG & Co. KGaA
- ResMed
- DEMCON Macawi Medical Systems B.V.