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Posted by John Snow on February 22, 2025 at 5:01pm 0 Comments 0 Likes
According to IMARC Group’s latest report, titled “Portable Medical Ventilators Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, The global portable medical ventilators market grew at a CAGR of around 8% during 2015-2020. A portable medical ventilator assists in providing oxygen to patients with minimal care requirements. It offers combined, pressure, volume-mode ventilation for long term-respiratory care in-home, hospitals, and ambulatory care centers. It comprises a heated humidifier or heat and moisture exchanger (HME), a flexible or specialized breathing circuit, control systems, monitor, alarms, and sensors.
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At present, there is a considerable increase in the prevalence of chronic respiratory diseases. This represents one of the major factors propelling the growth of the market. Portable ventilators provide patients suffering from asthma, emphysema, and pneumonia with long-term and short-term respiratory assistance. This, along with the coronavirus disease (COVID-19) outbreak, is positively influencing their utilization in the healthcare sector across the globe. Furthermore, the market is driven by technological advancements, such as the introduction of non-invasive and microprocessor-controlled portable ventilators. Other factors, including the rising geriatric population and significant improvements in the healthcare infrastructure, are stimulating the market growth. Looking forward, IMARC Group expects the global portable medical ventilators market to exhibit moderate growth during the next five years.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
Market Segmentation:
Breakup by Type:
Breakup by Interface:
Breakup by Mode of Ventilation:
Breakup by End User:
Breakup by Region:
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