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Global Homecare Ventilator Market: About this marketSpeak directly to the analyst to clarify any post sales queries you may have.
Homecare ventilators are compact or portable mechanical ventilators that are compatible to use at home for the ventilation of patients with chronic respiratory disorders such as chronic obstructive pulmonary disease (COPD) asthma, severe viral infections, that prevent normal breathing. This homecare ventilator market analysis considers sales from pneumatic ventilators, electronic ventilators, electro-pneumatic ventilators. Our analysis also considers the sales of homecare ventilator in Asia, Europe, North America, Row. In 2018, the pneumatic ventilators segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as remote setting with limited resources will play a significant role in the pneumatic ventilators segment to maintain its market position. Also, our global homecare ventilator market report also looks at factors such as increasing demand for home healthcare, increasing the prevalence of chronic respiratory ailments, reimbursement coverage for homecare ventilation. However, limitation and complications of homecare ventilation, intense competition among vendors leading to pricing pressure, and lack of skilled caregivers may hamper the growth of the homecare ventilator industry over the forecast period.
Global Homecare Ventilator Market: Overview
Increasing demand for home healthcare
Home healthcare refers to a wide range of healthcare services that are provided in the comfort of a home setting for an injury or illness. The various home healthcare services covered by vendors include physiotherapy, intermittent skilled nursing care, speech/language therapy, pathology services, and occupational services. This increasing preference for home healthcare services and consequently, homecare ventilation support, will drive the demand for global homecare ventilators market at a CAGR of close to 7% during the forecast period.
Remote monitoring of patients on homecare ventilation
Remote monitoring is a complex intervention, which includes the electronic transmission of patient information to the healthcare system and the follow-up response by a healthcare professional. This technology allows detection of various clinical events and helps ensure safety, feasibility, effectiveness, sustainability, and flexibility to face different patient requirements. Remote monitoring can aid in the management of homecare ventilation, thereby driving market expansion for the next few years.
Competitive Landscape
With the presence of several major players, the global homecare ventilator market is fragmented. This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading homecare ventilator manufacturers, that include Fisher & Paykel Healthcare Corp. Ltd., Koninklijke Philips NV, Medtronic Plc, ResMed Inc., and Vyaire Medical Inc.
Also, the homecare ventilator market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Table of Contents
PART 01: EXECUTIVE SUMMARYPART 07: CUSTOMER LANDSCAPEPART 09: DECISION FRAMEWORK
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY TYPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
List of Exhibits:
Executive Summary
The following companies are recognised as the key players in the global automotive steering lock system market: Fisher & Paykel Healthcare Corp. Ltd., Koninklijke Philips NV, Medtronic Plc, ResMed Inc., and Vyaire Medical Inc.Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the remote monitoring of patients on homecare ventilation.”
According to the report, one of the major drivers for this market is the increasing demand for home healthcare.
Further, the report states that one of the major factors hindering the growth of this market is the lack of skilled caregivers.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Fisher & Paykel Healthcare Corp. Ltd.
- Koninklijke Philips NV
- Medtronic Plc
- ResMed Inc.
- Vyaire Medical Inc.