Neonatal Ventilator Market Analysis, Share, Size, Share, Growth, Trends, and Forecast 2019 - 2027

                                                                             
A ventilator is a medical device that provides mechanical assistance in exchange for oxygen and carbon dioxide in medical settings.

           Neonatal Ventilator Market


A ventilator is a medical device that provides mechanical assistance in exchange for oxygen and carbon dioxide in medical settings. This is also referred to as artificial respiration. It is a machine designed to help a patient who is physically unable to breathe or is breathing insufficiently by allowing breathable air into and out of the lungs. Neonatal ventilators are ventilators used to treat newborns.

Increased neonatal mortality rates, as well as an increase in the number of preterm births with respiratory conditions, technological advancements in neonatal ventilators, an increase in the number of product approvals for these neonatal ventilators, the development of well-equipped neonatal intensive care unit (NICU) centres, and the introduction of non-invasive ventilators, are the key factors driving the growth of the global Neonatal Ventilator Market. Furthermore, an increase in demand for neonatal ventilators, an increase in awareness among healthcare professionals about neonatal ventilators, an improvement in currently used invasive respiratory support systems, an increase in government initiatives aimed at the prevention and effective treatment of respiratory disorders, and an increase in the adoption of advanced neonatal ventilators by hospitals and other end users all contribute to the market's growth. Nonetheless, the high cost of neonatal ventilators and stringent regulatory requirements are expected to stymie the market's growth.


Market Segmentation:

By Type
  • Invasive
  • Non-invasive

By End User
  • Hospitals
  • Clinics
The major players operating in the neonatal ventilator market include Philips Respironics, Nihon Kohden Corporation, Medtronic Plc, GE Healthcare, CareFusion, ResMed, Hamilton Medical, Drägerwerk AG & Co. KGaA, Smith Medical, Breas Medical, and Becton, Dickson and Company.

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