Overview and Scope
A non-invasive ventilator is a medical device used to deliver breathing support to patients without the need for an invasive breathing tube. Non-invasive ventilation is often used to treat respiratory conditions such as sleep apnea, chronic obstructive pulmonary disease (COPD), and acute respiratory failure.
Sizing and Forecast
The non-invasive ventilators market size has grown strongly in recent years. It will grow from $2.82 billion in 2023 to $2.99 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to hospital infrastructure development, prevalence of sleep-related breathing disorders, patient preference for non-invasive methods, respiratory therapy advancements, aging population.
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.
To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/non-invasive-ventilators-global-market-report
Segmentation & Regional Insights
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
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
Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10321&type=smp
Major Driver Impacting Market Growth
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.
Key Industry Players
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
The non-invasive ventilators market report table of contents includes:
1. Executive Summary
2. Non-Invasive Ventilators Market Characteristics
3. Non-Invasive Ventilators Market Trends And Strategies
4. Non-Invasive Ventilators Market – Macro Economic Scenario
5. Global Non-Invasive Ventilators Market Size and Growth
.
.
.
31. Global Non-Invasive Ventilators Market Competitive Benchmarking
32. Global Non-Invasive Ventilators Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Non-Invasive Ventilators Market
34. Non-Invasive Ventilators Market Future Outlook and Potential Analysis
35. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
