The non-invasive ventilators market size is expected to see strong growth in the next few years. It will grow to $3.86 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to home-based ventilation solutions, preventive healthcare practices, pulmonary rehabilitation programs, awareness and education initiatives, climate change and air quality concerns. Major trends in the forecast period include portable and wearable devices, integration of smart technologies, remote patient monitoring and telehealth integration, invasive to non-invasive ventilation, technological innovations in ventilation modes.
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Scope Of Non-Invasive Ventilators Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Non-Invasive Ventilators Market Overview
Market Drivers –
The high prevalence of respiratory diseases is expected to propel the growth of the non-invasive ventilator market going forward. Respiratory diseases are the diseases that are responsible for lung disorders that include asthma, and chronic lung diseases. Non-invasive ventilators help the patient treat respiratory illnesses by pumping oxygen into the lungs when they are not able to do that themselves. For instance, in September 2022, according to the World Health Organization (WHO), a Switzerland-based specialized agency of the United Nations responsible for international public health, chronic noncommunicable diseases (NCDs) would result in the deaths of around 41 million individuals annually, which accounts for 74% of all deaths worldwide. Chronic respiratory diseases alone are responsible for causing 4.1 million deaths. Therefore, the high prevalence of respiratory diseases drives the non-invasive ventilator market.
Market Trends –
Technological advancements are a key trend gaining popularity in the non-invasive ventilator market. Companies operating in the non-invasive ventilator market are adopting new technologies to sustain their position in the market. For instance, in November 2023, Inspiration Healthcare Group plc, a UK-based provider of medical technology, launched the SLE1500 is the latest addition to the neonatal ventilator range, designed to provide non-invasive ventilation modes for the smallest and most fragile babies, ensuring respiratory support while protecting their delicate lungs. The SLE1500 system consolidates six non-invasive delivery options into a single machine. These include nasal Continuous Positive Airway Pressure (nCPAP) in both flow and pressure control modes, high-flow oxygen therapy, and manual flow for use with therapies such as bubble CPAP. All of these options can be enhanced with Pulse Oximetry (SpO2) and/or automatic oxygen control (auto FiO2) using the OxyGenie.
The non-invasive ventilators market covered in this report is segmented –
1) By Type: Continuous Positive Airway Pressure (CPAP), Autotitrating (Adjustable) Positive Airway Pressure (APAP), Bilevel Positive Pressure (BiPAP)
2) By Power Source: Electric, Pneumatic, Electro-Pneumatic
3) By Application: Chronic Obstructive Pulmonary Disease, Asthma, Respiratory Distress Syndrome, Pneumonia, Other Applications
4) By End-User: Hospitals, Specialty Clinics, Home Care Settings, Ambulatory Surgical Centers
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Regional Insights –
North America was the largest region in the non-invasive ventilators market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global non-invasive ventilator market during the forecast period. The regions covered in the non-invasive ventilators market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the non-invasive ventilators market report are ResMed Inc., Teleflex Incorporated, Hamilton Bonaduz AG, HEYER Medical AG, Airon Corporation, Fisher & Paykel Healthcare Limited, Smiths Medical International Ltd., O-Two Medical Technologies Inc., Phoenix Medical Systems Pvt. Ltd., Koninklijke Philips N.V., Dragerwerk AG & Co. KGaA, General Electric Healthcare Co., Magnamed Tecnologia Medica S/A, WILAmed GmbH, Mindray Medical International Limited, Vyaire Medical Inc., GETINGE AB, Medtronic plc, Respironics Inc., medin Medical Innovations GmbH, Comen Medical Instruments Co. Ltd., Löwenstein Medical Technology GmbH + Co. KG, aXcent medical GmbH, Tenko Medical Systems Corp., Beijing Aeonmed Co. Ltd., MEKICS Co. Ltd., Sefam Medical, Becton Dickinson and Company, Allied Healthcare Products Inc., Air Liquide Medical Systems, Pulmodyne Inc., Bunnell Incorporated
Table of Contents
1. Executive Summary
2. Non-Invasive Ventilators Market Report Structure
3. Non-Invasive Ventilators Market Trends And Strategies
4. Non-Invasive Ventilators Market – Macro Economic Scenario
5. Non-Invasive Ventilators Market Size And Growth
…..
27. Non-Invasive Ventilators Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendi
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