Neonatal Ventilator Market Analysis Report, Share, Growth, Trend, and Forecast, 2024

1. Neonatal Ventilator Market to reach $430 mn by 2024 : Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

2. KeyInsights from Neonatal Ventilator Market : • Neonatal Ventilator Market size is set to exceed USD 430 million by 2024; according to a new research report by Global Market Insights. • Rising incidences of preterm births with respiratory disorders and mortality rates primarily drive the demand for various neonatal ventilators worldwide. Technological advancements in ventilators’ design and function are resulting in rising adoption rate, especially in developed regions. Moreover, growing birth rate should augment market demand during projection years. • Inadequate infrastructure in developing and under-developed regions to support advanced ventilators proves to be growth hindering factor. Also, high prices of ventilators happen to hamper adoption rates in many economies across the globe. During the forecast timeframe, price constraint will continue to restrain industry growth.

3. Continued... • High frequency of use and broad application of invasive neonatal ventilators in healthcare settings sets them to witness higher growth than non-invasive ones over the forecast period; moreover, deepening market penetration of the same in developing countries should largely contribute to it’s market size. • Steadily increasing acceptance of non-invasive systems will augment industry growth in coming 5-7 years. However, invasive systems will continue to be mainstream interface in many regions worldwide. Efforts by manufacturers and government institutions to minimize the prices of non-invasive ventilators should fuel industry growth. • The need to use non-invasive interface for treating preterm birth neonates will prove to be high impact rendering factors for market growth. Use of neonatal ventilators is found to be highest in hospitals amongst all other healthcare facilities offering maternity care.

4. U.S. Neonatal Ventilators Market size, By Product, 2013-2024 (USD Million)

5. Browse Full Market Research Report On Neonatal Ventilators Market @ https://goo.gl/hxVzxS Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/2341

6. 360° Analysis • Application Trends • Neonatal ventilators market is poised to experience lucrative growth over the forecast period. Rising neonate mortality rates along with increasing number of preterm births with respiratory disorders are and will be the major factors driving market growth. Moreover, timely technological advancements in neonatal ventilators to address appalling conditions in neonates with respiratory problems will augment industry growth. furthermore, growing birth rate in developing countries should prove to be high impact rendering factor. • Regional Trends • U.S holds largest share of the global market as being the oldest and fasted new technology adopting region. During the forecast years, it should experience modest growth owing to relatively low addressable needs. • Competitive Market Share • Medtronic Plc, GE Healthcare, CareFusion, HAMILTON MEDICAL, Phillips Respironics, Smith Medical, Breas Medical, Drager Medical, ResMed and MAQUET are some of the major industry participants. Advancements in existing technology, introduction of new products, geographical expansion and mergers and acquisitions are some of the strategies practiced by these companies to capitalize on market opportunity.

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