The High Flow Ventilators Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s High Flow Ventilators Global
Market Report 2024, The high flow ventilators market size has grown strongly in
recent years. It will grow from $31.78 billion in 2023 to $34.87 billion in
2024 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be
attributed to enhanced monitoring and control systems, growing geriatric
population, expansion in home healthcare, demand in emergency medicine,
applications in post-operative care.
The high flow ventilators market size is expected to see rapid growth in the
next few years. It will grow to $51.95 billion in 2028 at a compound annual
growth rate (CAGR) of 10.5%. The growth in the forecast period can be
attributed to focus on non-invasive ventilation, neonatal and pediatric care
demand, improved humidification systems, expansion in home healthcare settings,
emergency medicine utilization. Major trends in the forecast period include
customization and versatility, focus on patient comfort, integration of
monitoring technology, home-based high flow ventilation, adoption in critical
care settings.
The increasing prevalence of chronic obstructive pulmonary disease (COPD) is
expected to propel the growth of the high flow ventilators market going
forward. COPD refers to a chronic inflammatory lung disease that makes it
difficult to breathe and is characterized by airflow limitation that is not
fully reversible and is usually progressive. High-flow ventilators can be
beneficial in COPD management by improving oxygenation, reducing the work of
breathing, and providing positive end-expiratory pressure, especially during
exacerbations or instances requiring advanced respiratory support. For
instance, in March 2023, according to the Scottish Public Health Observatory, a
Scotland-based multi-organization collaboration, the COPD rates showed an
upward trend as the impact of COVID-19 eased, with rates for males rising from
83.2 to 97.6 cases per 100,000 new cases, and for females increasing from 72.6
to 97.3 for the financial year 2021 to 2022. Therefore, an increasing
prevalence of COPD will fuel the high flow ventilators market growth.
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The high flow ventilators market covered in this report is segmented –
1) By Modality Type: Portable High Flow Ventilators, Trolley Mounted High Flow
Ventilators
2) By Interface: Invasive, Non-Invasive
3) By End-User: Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Long
Term Care Centers, Other End Users
The growing popularity of portable high flow ventilators has emerged as a key
trend gaining popularity in the high flow ventilators market. Major market
players are concentrating their efforts on creating innovative products to
strengthen their position in the market. For example, in October 2021, Movair,
a US-based respiratory therapy company, launched an Advanced Ventilator-Luisa.
The Luisa ventilator is easy to use, compact, and portable, and has an
intuitive interface and simple controls. It uniquely designed life-supporting
ventilator with high-flow oxygen therapy to provide advanced respiratory
support to patients with respiratory distress, including those suffering from
COVID-19. This unique product has a variety of features with advanced
monitoring capabilities, including real-time monitoring of airway pressure,
flow, and volume.
The high flow ventilators market report table of contents includes:
1. Executive Summary
2. High
Flow Ventilators Market Characteristics
3. High
Flow Ventilators Market Trends And Strategies
4. High
Flow Ventilators Market - Macro Economic Scenario
5. Global
High Flow Ventilators Market Size and Growth
.
31. Global High Flow Ventilators Market Competitive Benchmarking
32. Global
High Flow Ventilators Market Competitive Dashboard
33. Key
Mergers And Acquisitions In The High Flow Ventilators Market
34. High
Flow Ventilators Market Future Outlook and Potential Analysis
35.
Appendix
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