Market Forecast By Type (Adult/Pediatric Ventilators, Neonatal/Infant Ventilators), By Mobility (Intensive Care Ventilators, High-end ICU Ventilators, Mid-end ICU Ventilators, Basic ICU Ventilators, Portable/Transportable Ventilators), By Interface (Invasive Ventilation, Non-invasive Ventilation), By End Users (Hospitals and Clinics, Home Care, Ambulatory Care Centers, Emergency Medical Services (EMS) & Others) and competitive landscape
Product Code: ETC002779 | Publication Date: May 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
United States medical ventilator market is anticipated to witness considerable growth, predominantly due to the occurrence of a maximum number of critical patients worldwide and the highest death rates in the country. The outbreak of Covid-19 has resulted in the hospitalization of a huge percentage of the U.S. population. The U.S. is one of the worst-hit countries from the Covid-19 pandemic. The United States has registered the highest number of deaths globally, around 90,000 deaths from a total of 1,50,000 cases as of 18th May 2020. This factor has resulted in huge demand for medical ventilators in the Intensive Care Unit (ICU) of hospitals across the country. Despite having one of the most advanced and best healthcare infrastructures in the world, the country has faced an acute shortage of ventilators due to rising volumes of critical patients admitted to hospitals.
The manufacturers of ventilators in the U.S. have boosted their production volumes to meet the growing domestic demand for ventilators. For instance, Philips has drastically enhanced its production volume and started producing 2,000 ventilators per week in March 2020. Further, Medtronic announced to have almost doubled its production volume of medical ventilators by more than 40%, in March 2020. These initiatives will further spur the demand for the medical ventilators market in the United States during the forecast period.
According to 6Wresearch, the United States Medical Ventilator Market size is anticipated to register substantial growth during 2020-26. Need to ease the respiratory problems of coronavirus patient, rising number of critical patients suffering from Covid-19, increasing investment in healthcare infrastructure, the prevalence of respiratory and other chronic diseases, as well as capacity expansion of hospitals and nursing homes, are some of the key growth drivers of the United States medical ventilator market during the forecast period.
In terms of wavelength, the SWIR wavelength medical ventilators are recording higher growth primarily due to their ability to operate in a range of applications. Additionally, in terms of technology, the uncooled technology segment dominates the overall United States medical ventilator market as they are cost-efficient and require low maintenance. Furthermore, in terms of applications, the thermography application leads to the overall medical ventilator market in the United States due to the increasing demand for thermal audits in the manufacturing industry. Whereas, based on verticals, the healthcare vertical including hospitals and other healthcare centers dominate the overall medical ventilator market in the United States.
Some of the major players operating in the United States medical ventilator market are Becton Dickinson, Philips, Hamilton Medical, Fisher & Paykel Healthcare, Draeger, Medtronic, and GE Healthcare.
The United States medical ventilator market report thoroughly covers the market type, by mobility, by the interface, and by end-users. The United States medical ventilator market outlook report provides an unbiased and detailed analysis of the on-going United States medical Ventilator market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
United states medical ventilator market is anticipated to register sound revenues in the coming years on the back of rising Covid-19 disease outbreak in the country. As increased extremely deadly disease has led to increases in asthma patients’ number due to breathing deficiency which is leading to require more than sufficient ventilators in treating COVID patients is estimated to instigate the deployment of a medical ventilator in the coming years. Further, increase isolation with the spread of chronic disease tends to demand medical ventilators in the house and is anticipated to register the swashbuckling growth of the United States medical ventilator market in the upcoming six years.
United States medical ventilator market is expected to register sound revenues in the coming timeframe on the back of the rising medical labs and clinics coupled with the rising pediatric center in the country which is estimated to propel significant use of medical ventilators in the country underpinned by the rising need for premature babies tends to keep in the nursery for intensive care where staff does continue monitoring of babies breathing by using ventilator which is estimated to play a crucial role in securing massive demand for a medical ventilator in the country and is estimated to boost the potential growth of the United States Medical Ventilator market in the upcoming six years.
United States medical ventilator market is expected to gain momentum during the forecast period 2020-26F backed by the rising industrial landscape in the country at a starry rate. Additionally, medical ventilator deployment is estimated to instigate underpinned by the rising manufacturing sector, a surge in industrial activities, vehicle mobility, and massive energy consumption rate in the growing industries. All these factors are responsible for generating bad air quality and pose risk to human health by creating respiratory disease, the medical ventilator is estimated to proliferate and would benefit the growth of the United States medical ventilator market in the upcoming six years.
Key Highlights of the Report:
Markets Covered
The United States medical ventilator market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. United States Medical Ventilator Market Overview |
3.1 Country Indicators |
3.2 United States Medical Ventilator Market Revenues and Volume, 2016-2026F |
3.3 United States Medical Ventilator Market Revenue Share, By Type, 2019 & 2026F |
3.4 United States Medical Ventilator Market Revenue Share, By Mobility, 2019 & 2026F |
3.5 United States Medical Ventilator Market Revenue Share, By Interface, 2019 & 2026F |
3.6 United States Medical Ventilator Market Revenue Share, By End Users, 2019 & 2026F |
3.7 United States Medical Ventilator Market - Industry Life Cycle |
3.8 United States Medical Ventilator Market - Porter’s Five Forces |
4. United States Medical Ventilator Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. United States Medical Ventilator Market Trends |
6. United States Medical Ventilator Market Overview, By Type |
6.1 United States Medical Ventilator Market Revenues, By Adult/Pediatric Ventilators, 2016-2026F |
6.2. the United States Medical Ventilator Market Revenues, By Neonatal/Infant Ventilators, 2016-2026F |
7. United States Medical Ventilator Market Overview, By Mobility |
7.1 United States Medical Ventilator Market Revenues, By Intensive Care Ventilators, 2016-2026F |
7.2 United States Medical Ventilator Market Revenues, By High-end ICU Ventilators, 2016-2026F |
7.3 United States Medical Ventilator Market Revenues, By Mid-end ICU Ventilators, 2016-2026F |
7.4 United States Medical Ventilator Market Revenues, By Basic ICU Ventilators, 2016-2026F |
7.5 United States Medical Ventilator Market Revenues, By Portable/Transportable Ventilators, 2016-2026F |
8. United States Medical Ventilator Market Overview, By Interface |
8.1 United States Medical Ventilator Market Revenues, By Invasive Ventilation, 2016-2026F |
8.2 United States Medical Ventilator Market Revenues, By Non-invasive Ventilation, 2016-2026F |
9. United States Medical Ventilator Market Overview, By End Users |
9.1 United States Medical Ventilator Market Revenues, By Hospitals and Clinics, 2016-2026F |
9.2 United States Medical Ventilator Market Revenues, By Home Care, 2016-2026F |
9.3 United States Medical Ventilator Market Revenues, By Ambulatory Care Centers, 2016-2026F |
9.4 United States Medical Ventilator Market Revenues, By Emergency Medical Services (EMS), 2016-2026F |
9.4 United States Medical Ventilator Market Revenues, By Others, 2016-2026F |
15. United States Medical Ventilator Market Competitive Landscape |
15.1 United States Medical Ventilator Market, By Companies, 2019 |
16. United States Medical Ventilator Market Competitive Benchmarking |
16.1 United States Medical Ventilator Market, By Competitive Benchmarking, 2019 |
17. Company Profiles |
18. Key Strategic Recommendations |
19. Disclaimer |