Global Ventilators Market to Reach $1 Billion By 2020, Finds New Research Report

The global ventilators market was valued at just over $765 million in 2013 and will exceed $1 billion by 2020, representing a Compound Annual Growth Rate (CAGR) of 5%. The report states that while the increasing prevalence of Chronic Obstructive Pulmonary Disease (COPD) will continue to be the primary driver of market growth, new technologies will also make a crucial contribution.                            

The senior analyst of this report, says: “The already-high prevalence of COPD will be exacerbated by the aging population, leading to more critical care admissions, where the use of mechanical ventilation is common."

The increasing preference for non-invasive ventilation in the developed world will be another significant trend over the forecast period, with Europe currently leading the US in the adoption of these systems.

The research attributes the low penetration of non-invasive ventilation in the US to the lack of efforts towards increasing respiratory therapy and nursing time. Furthermore, there is an inaccurate perception that additional time is required to implement this treatment method.

" VentilatorsMarket to 2020 - Technical Advances and Hospital Expansion Serve as DistinctRegional Growth Drivers" discusses the market, competitive landscape, and trends for adult and pediatric, neonatal and transport ventilators. It provides comprehensive information on the key trends affecting these segments and reviews the competitive landscape, analyzes pipeline products and gives details of important merger and acquisition deals.

Scope of this report

• Key geographies: US, Canada, Brazil, UK, Germany, France, Italy, Spain, Japan, China, India and Australia
• Information on market size for three ventilator market segments: Adult/pediatric, neonatal and transport ventilators
• Annualized market revenue data forecast to 2020 and company share data for 2013
• Information on the competitive landscape and the leading technologies of key players: ResMed, Philips Respironics, Covidien, Draegerwerk, GE Healthcare, CareFusion, Smiths medical, Fisher & Paykel Healthcare, Maquet

Reasons to Buy

• Develop business strategies by understanding the trends and developments driving the global ventilators market                    
•  Design and enhance your product development, marketing, and sales strategies
• Exploit merger and acquisition opportunities by identifying the market players with the most innovative pipelines
• Make more informed business decisions from insightful and in-depth analysis of the global ventilators market and the factors shaping it.

Buy this report: http://mrr.cm/ZLe

Browse more reports under Medical Devices Category: 

http://www.marketresearchreports.com/medical-devices