The U.S. portable ventilator market was valued at $106.20 million in 2019 and is estimated to reach $160.98 million by 2027 at a CAGR of 5.3% from 2019 to 2027. It is a form of breathing assistance in which a patient is connected to a machine through an endotracheal tube directly applied to the airway or non-invasive (NIV) mask. It is also employed as a diagnostic tool to measure static compliance of airway resistance and irregular functioning of respiratory system.
Download Free Sample of This Strategic Report: https://reportocean.com/industry-verticals/sample-request?report_id=AMR1536
Increase in incidences of chronic respiratory diseases, such as chronic obstructive pulmonary disease (COPD), asthma, bronchitis, and other lung disorders, and rise in number of accidental emergencies lead to substantial requirement of portable ventilators. In addition, growth in geriatric population prone to respiratory emergencies is one of the key drivers of the market. U.S. Portable ventilators are used to provide oxygen to patients while commuting. The factors that drive the market are increasing breathing issues and respiratory problems among the growing population. Additionally, increasing smoking population is another factor for the growth in demand for portable ventilators. The intervention of technology in the healthcare sector has improved the operational conduct and has provided the patients with intensive care solutions.
Moreover, technological innovations in respiratory care devices, namely, non-invasive ventilation technology and portable ventilators, further supplement the market growth. Rise in preference of portable and home care ventilations for long-term ventilated patients is expected to be another major factor influencing the market growth. On the contrary, injuries associated with invasive mechanical ventilation such as pneumonia, lung injury, and barotrauma and high cost of portable ventilators are the prime factors that restrict the market growth. The U.S. portable ventilators market is segmented on the basis of age group, interface, mode, and end user. On the basis of mode, it is classified into pressure-mode ventilation, volume-mode ventilation, and others.
On the basis of interface, the market is divided into invasive ventilation and non-invasive ventilation. Invasive ventilators are specifically designed for critically ill patients suffering from respiratory failure, congestive cardiac failure, and for newborns. The Invasive ventilators segment is expected to grow at a rapid pace as these ventilators are convenient for patients, have less side effects, and faster recovery.
For an in-depth analysis, you can refer sample copy of the report: https://reportocean.com/industry-verticals/sample-request?report_id=AMR1536
On the basis of age group, the market is categorized into pediatric & neonatal, adult and geriatric. By end user, it is segmented into hospital and clinic, home care, and ambulatory care centers.
The healthcare sector is vital to both national economies and people all across the world. One of the industries with the fastest growth rates is this one. There is a correlation between income levels and healthcare spending across nations because healthcare spending accounts for more than 10% of the GDP of the majority of developed countries. According to the Centers for Medicare and Medicaid Services, US healthcare spending increased by 4.6% in 2019 to reach US$ 3.8 trillion, or US$ 11,582 per person and represented 17.7% of GDP. Additionally, households paid for 28.4% of all health expenditures, followed by the federal government for 29.0%. 16.1% of all healthcare costs were paid for by state and municipal governments, while 7.5% came from other private sources.
Due to advancements spurred by AI/ML, the impact of digital health technology will grow. Data from the Department for Promotion of Industry and Internal Trade show that FDI in the medicines and medication sector totaled US$19.12 billion (DPIIT).
KEY BENEFITS FOR STAKEHOLDERS
– This report provides a detailed quantitative analysis of the current market trends and future estimations from 2020 to 2027, which assists in identifying prevailing market opportunities.
– An in-depth analysis of various regions is likely to provide a detailed understanding of the current trends to the stakeholders to formulate region-specific plans.
– Comprehensive analysis of factors that drive and restrain growth of the portable ventilator market are provided.
– A deep dive analysis of U.S. provides insights that would allow companies to strategically plan their business moves.
Download Free Sample of This Strategic Report: https://reportocean.com/industry-verticals/sample-request?report_id=AMR1536
LIST OF KEY PLAYERS PROFILED IN THE REPORT
– Becton, Dickinson And Company
– Drgerwerk AG and CO.
– GETINGE AB
– Hamilton Medical
– Koninklijke Philips N.V.
– Medtronic Plc.
– Percussionaire Corp.
– Resmed Inc.
– Smith’s Group Plc.
– Zoll Corporation (subsidary of Asahi Kasei Group)
KEY MARKET SEGMENTS
– By Mode
o Pressure mode ventilation
o Volume mode ventilation
o Others
– By Interface
o Invasive ventilator
o Non-invasive ventilator
– By Age Group
o Pediatric & neonatal
o Adult
o Geriatric
Request To Download Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=AMR1536
– By End User
o Hospital and clinic
o Ambulatory care centers
o Home care
Some of the Key Questions Answered in this Report:
- What is the Market dimension at the regional and country-level?
- What are the key drivers, restraints, opportunities, and challenges of the Market, and how they are anticipated to influence the market?
- What is the international (North America, Europe, Asia-Pacific, South America, Middle East and Africa) income value, manufacturing value, consumption value, import and export of Market?
- Who are the world key producers of the Market Industry? How is their working state of affairs (capacity, production, sales, price, cost, gross, and revenue)?
- What are the Market possibilities and threats confronted via the carriers in the world Market Industry?
- Which application/end-user or product kind may also be seeking for incremental boom prospects? What is the market share of every kind and application?
- What targeted method and constraints are keeping the Market?
- What are the distinct sales, marketing, and distribution channels in the world industry?
- What are the upstream uncooked substances and manufacturing gear of Market alongside with the manufacturing technique of Market?
- What are the key market tendencies impacting the increase of the Market?
- Economic have an impact on the Market enterprise and improvement vogue of the Market industry.
Reasons to Buy this Report:
- Access to date records compiled by using our researchers. These supply you with historic and forecast data, which is analyzed to inform you why your market is set to change
- This allows you to assume market adjustments to stay in advance of your competitors
- You will be in a position to replica facts from the Excel spreadsheet straight into your advertising plans, enterprise presentations, or different strategic documents
- The concise analysis, clear graph, and desk structure will allow you to pinpoint the statistics you require quickly
- Provision of market cost (USD Billion) records for every section and sub-segment
- Indicates the place and phase that is predicted to witness the quickest increase as properly as to dominate the market
- Analysis via geography highlighting the consumption of the product/service in the location as properly as indicating the elements that are affecting the market inside every region
- Competitive panorama which accommodates the market rating of the most important players, alongside with new service/product launches, partnerships, enterprise expansions, and acquisitions in the previous 5 years of businesses profiled
- Extensive agency profiles comprising of employer overview, organization insights, product bench marking, and SWOT evaluation for the essential market players
- The cutting-edge as nicely as the future market outlook of the enterprise regarding latest traits which contain increase possibilities and drivers as nicely as challenges and restraints of each rising as nicely as developed regions
- Includes in-depth evaluation of the market from quite a number perspectives thru Porter’s 5 forces analysis
- Provides perception into the market via Value Chain
- Market dynamics scenario, alongside with boom possibilities of the market in the years to come
- 1-Year post-sales analyst support
Request full Report –- https://reportocean.com/industry-verticals/sample-request?report_id=AMR1536
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean is the world’s leading research company, known for its informative research reports. We are committed to providing our clients with both quantitative and qualitative research results. As a part of our global network and comprehensive industry coverage, we offer in-depth knowledge, allowing informed and strategic business conclusions to report. We utilize the most recent technology and analysis tools along with our own unique research models and years of expertise, which assist us to create necessary details and facts that exceed expectations.
Get in Touch with Us:
Report Ocean:
Email: sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 – UNITED STATES
Tel:+1 888 212 3539 (US – TOLL FREE)
Website: https://reportocean.com