Press release
Portable Ventilator Market Value to Surpass US$ 1.5 Bn by 2031, as per TMR Report
Portable Ventilator
The increasing movement of patients in hospitals and long-term care centers is forecasted to propel the global portable ventilator market during the forecast period. Portable ventilators play a crucial role in delivering oxygen to patients suffering from chronic diseases.
Furthermore, the rise in the geriatric population is expected to drive market growth in the coming years. The elderly are prone to chronic conditions and may require portable ventilators to assist with breathing.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ :
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Portable ventilators are compact, mobile devices equipped with wireless connectivity, touchscreens, and data tracking capabilities. They are specifically designed to deliver mechanical ventilation in environments where access to piped gases and mains electricity is limited or unavailable.
These ventilators play a crucial role in providing ventilatory support to patients in intensive care units (ICUs). Equipped with reliable batteries, the majority of portable ventilators offer extended battery life, typically exceeding eight hours. This ensures uninterrupted ventilation support, particularly during patient transport between different healthcare facilities.
Characterized by their small size, lightweight design, and reduced reliance on external power sources, portable ventilators are highly practical and efficient alternatives to traditional mechanical ventilators. Additionally, they exhibit lower rates of gas consumption, further enhancing their utility and cost-effectiveness in various clinical settings.
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
Hamilton Medical, Medtronic, Vyaire, Airon Corporation, WEINMANN Emergency Medical Technology GmbH + Co. KG, Smiths Medical (ICU Medical, Inc.), Air Liquide Medical Systems, Dragerwerk AG & Co. KGaA, GE HealthCare, ZOLL Medical Corporation, Koninklijke Philips N.V., and ResMed.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
Product Type
Portable Ventilator
Accessories
Application
In-hospital Transport
Long-term Care
Mass-casualty Critical Care
Others
๐๐ข๐ฌ๐ ๐ข๐ง ๐๐๐จ๐ฉ๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐จ๐ฆ๐ ๐๐๐๐ฅ๐ญ๐ก๐๐๐ซ๐ ๐๐ฎ๐ ๐ฆ๐๐ง๐ญ๐ข๐ง๐ ๐๐จ๐ซ๐ญ๐๐๐ฅ๐ ๐๐๐ง๐ญ๐ข๐ฅ๐๐ญ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง
The COVID-19 pandemic has fueled a preference for home healthcare as people sought to avoid crowded healthcare settings. Additionally, the shortage of mechanical ventilators during the pandemic has driven a surge in demand for portable alternatives.
The decline in air quality worldwide has heightened the need for portable ventilators among individuals with respiratory issues, as reflected by the Air Quality Index (AQI) in several cities. Consequently, the rise in home healthcare adoption and increasing air pollution levels are expected to drive demand for portable ventilators in the coming years.
The increasing number of preterm births has led to a greater utilization of neonatal portable ventilators. Governments globally are making substantial investments in healthcare infrastructure, while rising healthcare expenditure in developing nations is poised to bolster market growth in the near future.
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
Inย June 2020, Medtronic plc and Foxconn Industrial Internet, a part of Foxconn Technology Group, announced that Foxconn completed Medtronic's regulatory and quality requirements necessary to begin the production of Medtronic Puritan Bennett 560 (PB560) ventilators for sale in the U.S.
Inย April 2020, Royal Philips collaborated with the U.S. Government to increase the production of hospital ventilators at its manufacturing sites in the U.S.
๐๐ฅ๐๐๐ ๐๐ง ๐๐ซ๐๐๐ซ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.transparencymarketresearch.com/checkout.php?rep_id=76999<ype=S&utm_source=OpenPR&utm_campaign=MansiR_OpenPR
๐๐๐ ๐ข๐จ๐ง๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐:
North America(USA, Canada and Mexico)
Europe(UK, Germany, France and the Rest of Europe)
Asia Pacific(China, Japan, India, and the Rest of the Asia Pacific region)
South America(Brazil, Argentina and the Rest of South America)
Middle East and Africa(GCC and Rest of the Middle East and Africa)
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Key trends shaping the portable ventilator market include the development of lightweight and compact ventilator systems, integration of wireless connectivity and remote monitoring features, and the emergence of advanced ventilation modes for personalized patient care.
๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
The future of the portable ventilator market looks promising, with continued technological advancements, expanding applications in homecare settings, and increasing adoption in emerging markets. Manufacturers are focusing on developing innovative solutions to address the evolving needs of patients and healthcare providers.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ:
-Market size and growth projections
-Segmentation analysis based on service type, sourcing type, application, industry vertical, and region
-Regional analysis highlighting market dynamics and growth opportunities
-Market drivers, challenges, and trends influencing market growth
-Future outlook and growth prospects
-Competitive landscape and recent developments in the market
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐:
๐๐ข๐ฎ๐ซ๐๐ญ๐ข๐ ๐๐ซ๐ฎ๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/03/08/2623148/0/en/Diuretic-Drugs-Market-to-Expand-at-a-CAGR-of-5-5-during-2023-2031-Reveals-TMR-Study.html
๐๐จ๐ข๐๐-๐๐๐ฌ๐๐ ๐๐๐ฒ๐ฆ๐๐ง๐ญ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/03/08/2622987/0/en/Voice-based-Payment-Technology-Market-Value-to-reach-US-18-2-Bn-by-2031-TMR-Study.html
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
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๐๐จ๐ง๐ญ๐๐๐ญ:
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