Neonatal Ventilators Market Growth, Size, Trends, Revenue, Demand, Challenges and Future Scope
Neonatal Ventilators Market Size- By Product, By Mobility, By Mode, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Dec-2020 | Report ID: HLCA2049 | Pages: 1 - 250 | Formats*: |
| Category : Healthcare | |||
Neonatal Ventilators Market Introduction and Overview
According to SPER Market Research, the Global Neonatal Ventilators Market is estimated to reach USD 0.83 billion by 2033 with a CAGR of 6.94%.
The report includes an in-depth analysis of the Global Neonatal Ventilators Market, including market size and trends, product mix, distribution channels, and supplier analysis. Neonatal ventilators are medical devices created to provide artificial respiratory support to newborns. These specialized ventilators are designed to deliver oxygen and remove carbon dioxide from the neonate's respiratory system. They assist in maintaining the required levels of gases in the newborn's body through gas delivery and extraction processes.
- May 2022: A multipurpose NIV ventilator with built-in oxygen treatment and a humidifier was introduced by Max Ventilator. Both adult and neonatal care can be provided with it.
- Technological advancements: Patient-triggered ventilation and proximal airway VT monitoring are significant factors expected to drive the global neonatal ventilators market.
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Market Opportunities and Challenges
Numerous variables create opportunities in the neonatal ventilators industry. First off, there is an increased need for ventilators due to the prevalence of respiratory problems in neonates, such as respiratory distress syndrome. Manufacturers now have a chance to create and offer cutting-edge, effective ventilation systems. Furthermore, technological developments like patient-triggered ventilation and proximal airway volume monitoring present chances to improve the efficiency and capabilities of newborn ventilators.
The market does, however, nevertheless encounter some difficulties. Due to the high price of neonatal ventilators, affordability is still a major challenge, especially in low-income nations. Manufacturers have difficulties in terms of compliance and product development due to stringent regulatory constraints. The introduction and efficient use of neonatal ventilators may be hampered by inadequate healthcare manpower and infrastructure in some areas. To address these issues and promote equal access and effective use of neonatal ventilators, efforts must be made to make healthcare systems more affordable, shorten regulatory procedures, and improve healthcare systems.
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Market Competitive Landscape
The key players in the global neonatal ventilators market include Air Liquide, Becton Dickinson, Breas Medical, Drägerwerk AG & Co. KGaA, GE Healthcare, HAMILTON MEDICAL, Koninklijke Philips N.V, MAQUET, Medtronic plc, ResMed Inc, Sechrist Industries Inc, Smiths Medical and Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product, By Mobility, By Mode, By End User |
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America |
| Companies Covered | Air Liquide, Becton Dickinson, Breas Medical, Drägerwerk AG & Co. KGaA, GE Healthcare, HAMILTON MEDICAL, Koninklijke Philips N.V, MAQUET, Medtronic plc, ResMed Inc, Sechrist Industries Inc, Smiths Medical, Others |
COVID-19 Impact on Global Neonatal Ventilators Market
The market for neonatal ventilators has been significantly impacted by the COVID-19 outbreak. The demand for neonatal ventilators grew due to the increased requirement for ventilators to support critically ill patients, especially neonates impacted with COVID-19. However, the manufacture and accessibility of these devices were affected by resource reallocation and supply chain interruptions. The market was also impacted by financial limitations and the shift in research priorities. Furthermore, the demand for and use of neonatal ventilators in the post-pandemic period are anticipated to be influenced by the pandemic's long-term impacts, such as modifications to healthcare regulations and patient care procedures. Overall, the pandemic has brought possibilities and difficulties to the neonatal ventilators industry around the world, with changes continuing as the healthcare system changes.
Key Target Audience
- Ambulatory Surgical Centres
- Clinics
- Hospitals
- Medical Device Manufacturers
- Neonatologists and Pediatricians
- Parents and Caregivers of Neonates
- Respiratory Therapists
- Others
Our in-depth analysis of the Global Neonatal Ventilators Market includes the following segments:
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| By Mobility: |
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| By Mode: |
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Key Topics Covered in the Report
- Global Neonatal Ventilators Market Size (FY’2023-FY’2033)
- Overview of Global Neonatal Ventilators Market
- Segmentation of Global Neonatal Ventilators Market By Product (Invasive ventilation, Non-invasive ventilation)
- Segmentation of Global Neonatal Ventilators Market By Mobility (Intensive Care Ventilators, Portable/Transportable Ventilators, Others)
- Segmentation of Global Neonatal Ventilators Market By Mode (Combined Mode Ventilation, Pressure Mode Ventilation, Volume Mode Ventilation, Other Modes)
- Segmentation of Global Neonatal Ventilators Market By End User (Ambulatory Surgical Centers, Hospital, Other End Users)
- Statistical Snap of Global Neonatal Ventilators Market
- Expansion Analysis of Global Neonatal Ventilators Market
- Problems and Obstacles in Global Neonatal Ventilators Market
- Competitive Landscape in the Global Neonatal Ventilators Market
- Impact of COVID-19 and Demonetization on Global Neonatal Ventilators Market
- Details on Current Investment in Global Neonatal Ventilators Market
- Competitive Analysis of Global Neonatal Ventilators Market
- Prominent Players in the Global Neonatal Ventilators Market
- SWOT Analysis of Global Neonatal Ventilators Market
- Global Neonatal Ventilators Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Neonatal Ventilators Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Neonatal Ventilators Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Neonatal Ventilators Market
7. Global Neonatal Ventilators Market, By Product (USD Million)
7.1. Global Neonatal Ventilators Market Value Share and Forecast, By Product, 2023-20337.2. Invasive ventilation7.3. Non-invasive ventilation
8. Global Neonatal Ventilators Market, By Mobility (USD Million)
8.1. Global Neonatal Ventilators Market Value Share and Forecast, By Mobility, 2023-20338.2. Intensive Care Ventilators8.3. Portable/Transportable Ventilators8.4. Others
9. Global Neonatal Ventilators Market, By Mode (USD Million)
9.1. Global Neonatal Ventilators Market Value Share and Forecast, By Mode, 2023-20339.2. Combined Mode Ventilation9.3. Pressure Mode Ventilation9.4. Volume Mode Ventilation9.5. Other Modes
10. Global Neonatal Ventilators Market, By End User (USD Million)
10.1. Global Neonatal Ventilators Market Value Share and Forecast, By End User, 2023-203310.2. Ambulatory Surgical Centers10.3. Hospital10.4. Other End Users
11. Global Neonatal Ventilators Market Forecast, 2019-2033 (USD Million)
11.1. Global Neonatal Ventilators Market Size and Market Share
12. Global Neonatal Ventilators Market, By Product, 2019-2033 (USD Million)
12.1. Global Neonatal Ventilators Market Size and Market Share By Product (2019-2026)12.2. Global Neonatal Ventilators Market Size and Market Share By Product (2027-2033)
13. Global Neonatal Ventilators Market, By Mobility, 2019-2033 (USD Million)
13.1. Global Neonatal Ventilators Market Size and Market Share By Mobility (2019-2026)13.2. Global Neonatal Ventilators Market Size and Market Share By Mobility (2027-2033)
14. Global Neonatal Ventilators Market, By Mode, 2019-2033 (USD Million)
14.1. Global Neonatal Ventilators Market Size and Market Share By Mode (2019-2026)14.2. Global Neonatal Ventilators Market Size and Market Share By Mode (2027-2033)
15. Global Neonatal Ventilators Market, By End User, 2019-2033 (USD Million)
15.1. Global Neonatal Ventilators Market Size and Market Share By End User (2019-2026)15.2. Global Neonatal Ventilators Market Size and Market Share By End User (2027-2033)
16. Global Neonatal Ventilators Market, By Region, 2019-2033 (USD Million)
16.1. Global Neonatal Ventilators Market Size and Market Share By Region (2019-2026)16.2. Global Neonatal Ventilators Market Size and Market Share By Region (2027-2033)16.3. Asia-Pacific
16.3.1. Australia16.3.2. China16.3.3. India16.3.4. Japan16.3.5. South Korea16.3.6. Rest of Asia-Pacific
16.4. Europe
16.4.1. France16.4.2. Germany16.4.3. Italy16.4.4. Spain16.4.5. United Kingdom16.4.6. Rest of Europe
16.5. Middle East and Africa
16.5.1. Kingdom of Saudi Arabia16.5.2. United Arab Emirates16.5.3. Rest of Middle East & Africa
16.6. North America
16.6.1. Canada16.6.2. Mexico16.6.3. United States
16.7. Latin America
16.7.1. Argentina16.7.2. Brazil16.7.3. Rest of Latin America
17. Company Profile
17.1. Air Liquide
17.1.1. Company details17.1.2. Financial outlook17.1.3. Product summary17.1.4. Recent developments
17.2. Becton Dickinson
17.2.1. Company details17.2.2. Financial outlook17.2.3. Product summary17.2.4. Recent developments
17.3. Breas Medical
17.3.1. Company details17.3.2. Financial outlook17.3.3. Product summary17.3.4. Recent developments
17.4. Drägerwerk AG & Co. KGaA
17.4.1. Company details17.4.2. Financial outlook17.4.3. Product summary17.4.4. Recent developments
17.5. GE Healthcare
17.5.1. Company details17.5.2. Financial outlook17.5.3. Product summary17.5.4. Recent developments
17.6. HAMILTON MEDICAL
17.6.1. Company details17.6.2. Financial outlook17.6.3. Product summary17.6.4. Recent developments
17.7. Koninklijke Philips N.V
17.7.1. Company details17.7.2. Financial outlook17.7.3. Product summary17.7.4. Recent developments
17.8. MAQUET
17.8.1. Company details17.8.2. Financial outlook17.8.3. Product summary17.8.4. Recent developments
17.9. Medtronic plc
17.9.1. Company details17.9.2. Financial outlook17.9.3. Product summary
17.9.4. Recent developments
17.10. ResMed Inc
17.10.1. Company details17.10.2. Financial outlook17.10.3. Product summary17.10.4. Recent developments
17.11. Sechrist Industries Inc
17.11.1. Company details17.11.2. Financial outlook17.11.3. Product summary17.11.4. Recent developments
17.12. Smiths Medical
17.12.1. Company details17.12.2. Financial outlook17.12.3. Product summary17.12.4. Recent developments
17.13. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Neonatal Ventilators Market is projected to reach USD 0.83 billion by 2033, growing at a CAGR of 6.94% during the forecast period.
Neonatal Ventilators Market grew in market size from 2022. The Market is expected to reach USD 0.83 billion by 2033, at a CAGR of 6.94% during the forecast period.
Neonatal Ventilators Market CAGR of 6.94% during the forecast period.
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Neonatal Ventilators Market size is USD 0.83 billion from 2023 to 2033.
Neonatal Ventilators Market Segment is covered By Product, By Mobility, By Mode, By End User.
The North America region is anticipated to have the highest market share in the Neonatal Ventilators Market.
The key players in the market include Companies Covered Air Liquide, Becton Dickinson, Breas Medical, Drägerwerk AG & Co. KGaA, GE Healthcare, HAMILTON MEDICAL, Koninklijke Philips N.V, MAQUET, Medtronic plc, ResMed Inc, Sechrist Industries Inc, Smiths Medical, Others.
Numerous variables create opportunities in the neonatal ventilators industry. First off, there is an increased need for ventilators due to the prevalence of respiratory problems in neonates, such as respiratory distress syndrome.
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