U.S. Portable Ventilators Market

The U.S. portable ventilator market is expected to reach $160.98 million by 2027, registering a CAGR of 5.34% from 2019 to 2027.

PORTLAND, OREGON, UNITED STATES, February 14, 2024 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, “U.S. Portable Ventilator Market by Mode, Interface, Age Group and End User: Opportunity Analysis and Industry Forecast, 2020–2027," The U.S. portable ventilator market accounted for $106.20 million in 2019, and is expected to reach $160.98 million by 2027, registering a CAGR of 5.34% from 2019 to 2027.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭-https://www.alliedmarketresearch.com/request-sample/A09509

𝐂𝐎𝐕𝐈𝐃-19 𝐈𝐦𝐩𝐚𝐜𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:
The outbreak of COVID-19 has significantly disrupted economies across various sectors, including the portable ventilator market. Ventilators are essential devices for treating COVID-19 patients, leading to a surge in demand. Major manufacturers like Getinge AB, GE Healthcare, Hamilton Medical, Philips, Medtronic, and Smiths Group have ramped up production by 30% to 50% to meet the increasing need, with an estimated demand of 77,000 new ventilators in 2019.

Moreover, advancements in microprocessor-controlled ventilation technology have created opportunities for healthcare teams to enhance the care of critically ill patients. These advanced ventilators come with a range of features and safeguards, including sensors and monitors for patient-specific parameters like air pressure, volume, and flow velocity, as well as general parameters such as air leakage, mechanical failure, and power backup. Such innovations are expected to drive further growth in the portable ventilator market, catering to emergency situations effectively.

𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬:
• The study provides an in-depth analysis of the U.S. portable ventilator market, with current trends and future estimations to elucidate the imminent investment pockets.
• Quantitative analysis from 2019 to 2027 is expected to enable the stakeholders to capitalize on prevailing market opportunities.
• The portable ventilator market size and estimations are based on a comprehensive analysis of key developments in the industry.
• Extensive analysis is conducted by closely following key product positioning and monitoring the top contenders within the market framework.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐅𝐚𝐜𝐭𝐨𝐫𝐬

The growth of the U.S. portable ventilator market is propelled by several factors, including the expanding geriatric population prone to respiratory ailments, a high prevalence of chronic respiratory diseases, and increased government spending on healthcare. However, certain limitations such as the high cost of portable ventilators and the risk of ventilator-associated pneumonia (VAP) impede market growth.

According to statistics from the National Cancer Institute, the number of individuals diagnosed with cancer in the U.S. was approximately 9.5 million in 2019, with an expected rise to 19 million by 2024. This surge in cancer cases is anticipated to drive the demand for cancer pain drugs for therapeutic purposes, thus contributing to market growth.

Furthermore, there is a growing demand for healthcare facilities providing long-term care for chronic respiratory conditions, driven by an expanding base of elderly individuals requiring prolonged ventilation. The market is also expected to be bolstered by the increasing need for emergency care for extended illnesses and prolonged treatment associated with lung diseases in both pediatric and adult populations.

𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲: https://www.alliedmarketresearch.com/purchase-enquiry/9874

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:
• Becton, Dickinson And Company (Carefusion/ Vyaire Medical Inc.)
• Draegerwerk Ag & Co. Kgaa
• Getinge Ab
• Hamilton Medical Ag
• Koninklijke Philips N.V.
• Medtronic Plc. (Covidien Ltd.)
• Percussionaire Corp.
• Smiths Group Plc.
• Resmed Inc.
• Zoll Medical Corporation

𝐎𝐭𝐡𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
𝐌𝐮𝐥𝐭𝐢𝐩𝐥𝐞 𝐌𝐲𝐞𝐥𝐨𝐦𝐚 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/multiple-myeloma-market
𝐁𝐨𝐧𝐞 𝐆𝐫𝐨𝐰𝐭𝐡 𝐒𝐭𝐢𝐦𝐮𝐥𝐚𝐭𝐨𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/bone-growth-stimulators-market-A06065

David Correa
Allied Market Research
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