The market size of the global Infant Ventilator Market in 2021 is valued at 354.91 Million and is projected to reach 658.86 Million by 2030 at a CAGR of 7.5% during the forecast period.
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A ventilator is a medical device that provides mechanical assistance in exchange for oxygen and carbon dioxide. It is commonly used in medical settings. Artificial respiration is another name for this treatment. It is a machine that allows breathable air to flow in and out of the lungs, providing respiratory support to patients who are physically unable to breathe or who breathe insufficiently. Neonatal ventilators are ventilators used to treat newborns. Rising neonatal mortality rates are expected to drive the growth of the neonatal ventilator market over the forecast period.
Additionally, the growing number of premature babies with respiratory problems is expected to drive the neonatal ventilator market forward. Additionally, technological developments in neonatal ventilators are expected to slow down the market growth. On the other hand, rising cost of neonatal ventilators is expected to stifle market expansion throughout the forecast period. Additionally, the high cost of ventilators is expected to slow their adoption globally. Non-invasive ventilators, which are more efficient than invasive ventilators, are most affected by the high cost constraint. Additionally, in poor economies, lack of experienced practitioners, lack of adequate health facilities, and health care financing would hinder seamless adoption of neonatal ventilators.
List of Major Players of Global Infant Ventilator Market:
ACUTRONIC medical systems
Atom Medical Corporation
Allied Healthcare Products, Inc.
Breas Medical AB
Drägerwerk AG & Co. KGaA
Fisher & Paykel Health
Heinen and Lowenstein
Neotech Medical Systems
O-Two Medical Technologies
Okuman Medikal Systemler Anonim Sirketi
Phoenix Medical Systems
Shenzhen Prunus medical
Hamilton Medical AG
Koninklijke Philips NV
Löwenstein Medical GmbH & Co. KG
MAQUET Holding BV & Co. KG.
Nihon Kohden Corp.
Soma Technology, Inc.
Smiths Group PLC.
Utah Medical Products, Inc.
Vyaire Medical, Inc.
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Rapid technical developments in healthcare infrastructure, especially in emerging countries, as well as increased awareness of available therapies for chronic respiratory diseases, will result in the rapid adoption of neonatal ventilators and contribute to the expansion of the market. The market is expected to be driven by increasing disposable income, government support, increased awareness and increased private investment in the prevention and effective treatment of respiratory disorders. Increased need for emergency treatment for long-term illnesses and long-term therapy for lung conditions in adults and children are also likely to drive the neonatal ventilator market.
Non-invasive ventilators, which are more efficient than invasive ventilators, are most affected by the high cost constraint. Additionally, in poor economies, lack of experienced practitioners, lack of adequate health facilities, and health care financing would hinder seamless adoption of neonatal ventilators. Additionally, due to stringent regulatory regulations, the neonatal ventilator market may face further challenges in the near future. In addition, excessive airway pressure, flow, tidal volume, inflammatory and infectious mediators, and recurrent closing and opening of alveoli can lead to lung injury when used to maintain respiratory function. of an infant. Because newborn lungs are smaller and not fully developed, injury can lead to serious consequences such as BPD (bronchopulmonary dysplasia) and even death from respiratory failure. This has made the use of newborn ventilators more difficult and is expected to slow down the market growth.
North America dominated the neonatal ventilator market in 2019 owing to increased awareness and government spending in the healthcare sector and adoption of advanced neonatal ventilator technology for emergency use and routine. This dominance is expected to continue during the forecast period. Furthermore, a large number of intensive care beds, a large patient population requiring ventilation, an increase in the prevalence of respiratory disorders, and an increase in the demand for modern healthcare facilities are all contributing to the growth of the market. In addition, the presence of major players operating in this region, as well as a higher number of R&D activities to develop new neonatal ventilators, favorable government policies and the presence of major players operating in this region, contribute all to the growth of the neonatal ventilator market. . However, as the birth rate rises and the number of premature births increases, the construction of new health facilities and improved health care regulation promote better care delivery, Asia-Pacific is expected to have the highest CAGR during the forecast period.
- In May 2021, Medtronic plc announced the commercial launch of the SonarMedTM airway monitoring system in the United States. The SonarMed Airway Monitoring System, the first and only device of its kind, uses acoustic technology to check for endotracheal tube (ETT) obstruction and verify position in real time. It provides clinicians with the vital information they need to make more informed and life-saving decisions for their smallest patients.
- In November 2019, GINEVRI Srl (Rome, Italy) presented its newborn incubators and warmers at MEDICA. Newborn incubators, transport incubators, baby warmers, radiant heaters and phototherapy lamps, Mira fiber optics, baby beds, bilimeters and oxygen tents are among the traditional products of the company.
Global Infant Ventilator Market Segmentation-
By ventilation mode
- Intensive care
- Other (COPD, home care, etc.)
- Great Britain
- The rest of Europe
- South Korea
- South East Asia
- Rest of Asia-Pacific
- Rest of Latin America
Middle East and Africa-
- GCC countries
- South Africa
- Rest of the Middle East and Africa
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