Global mechanical ventilators market was valued at USD 2,715.7 million in 2012 and is expected to grow at a CAGR of 6.6% from 2013 to 2019, to reach an estimated value of USD 4,248.7 million in 2019

1. Rising Global Geriatric Population and
Technological Advancements Propel Global
Market for Mechanical Ventilators
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market.html

2. Report Description:
 The global market for mechanical ventilators had a valuation of US$2,715.7 mn in 2012. Expected to expand at
a healthy 6.6% CAGR between the years 2013 and 2019, the market will reach US$4,248.7 mn by 2019.
 The rapidly expanding global population of geriatrics, rising prevalence of chronic obstructive pulmonary
disease (COPD), increased prevalence of respiratory emergencies and technological innovations in the field of
respiratory care devices are some of the key factors driving the global market for mechanical ventilators. Cost
containment in the variety of disposable products used in mechanical ventilators, such as swivels, catheters,
and connectors, coupled with the increasing demand for these products, has led to the rise in their bulk
purchase.
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3. Technological Advancements Provide a Big Boost to Market Development
 The market for mechanical ventilators is significantly propelled by the rapid technological advancements in the fields of battery life of transport and
portable devices and positive airway pressure devices. Government bodies are also increasingly exploring ways to reduce the burden of healthcare
costs and improve health of the general population and the efforts are, in turn, benefitting the global market for mechanical ventilators. Other
factors such as the rapidly rising number of ageing patients requiring ventilators and rising demand for improved healthcare devices for home-
healthcare facilities are also leading to the overall positive development of the market.
The growing rate of neonatal mortality in emerging economies of China, Singapore, Thailand, and India have
prompted growth in the Asia Pacific region. The region also experiences growth in the global mechanical
ventilators market through other factors such as economic development and reducing unmet medical needs.The
highest growth is shown by the Asia Pacific region, which has a CAGR of more than 7% within the report’s
forecast period.
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4.  The geographical segmentation of the report reveals North America as the dominant region in
the global mechanical ventilators market. The report also says that the region will continue this
trend for the rest of the forecast period. Reasons for this have been cited as rapid adoption of
novel technologies, improved reimbursement policies, and enhanced healthcare
infrastructure.
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5.  The key types of mechanical ventilators available in the market include neonatal, critical
care, portable, and transport mechanical ventilators. Of these, the market segment of
critical care ventilators held the largest share of the market in 2012 and was valued at
US$1,256.3 mn. The market segment is expected to expand at a 5% CAGR between 2013
and 2019. The rising demand for shifting patients out of intensive care units, with an intention
of reducing hospitals bills, and the rising numbers of home healthcare facilities have led to
the increased demand for portable and non-invasive mechanical ventilators. The market
for transport ventilators is benefitting from factors such as the rising prevalence of medical
emergencies, flexibility provided by transport ventilators, and the need for managing
movement of critical patients from the initial point of care to healthcare settings.
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6. About Transparency
Market Research :
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research,
customized research, and consulting services. TMR’s global and regional market
intelligence coverage includes industries such as pharmaceutical, chemicals and
materials, technology and media, food and beverages, and consumer goods, among
others. Each TMR research report provides clients with a 360-degree view of the
market with statistical forecasts, competitive landscape, detailed segmentation, key
trends, and strategic recommendations.
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