North America Ventilators Market - Global Drivers, Opportunities, Trends, and Forecasts to 2028

The North America ventilators market is expected to grow from US$ 2,053.28 million in 2022 to US$ 3,525.60 million by 2028; it is estimated to register a CAGR of 9.4% from 2022 to 2028

Growing Prevalence of Respiratory Diseases Fuels North America Ventilators Market

Respiratory diseases such as chronic obstructive pulmonary disease (COPD), asthma, acute lower respiratory tract infections, tuberculosis, and lung cancer are among the most common causes of severe illness and death across North America. Urbanization, rise in pollution, unhealthy lifestyle habits, and high tobacco smoking prevalence are a few of the major factors leading to the surge in the number of respiratory and cardiovascular disease cases.

📚 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲@ https://www.businessmarketinsights.com/sample/BMIRE00028250

Such disease can cause acute respiratory failure, and its treatment requires mechanical ventilation. As per the Office of Disease Prevention and Health Promotion, ~14.8 million adults in the US were diagnosed with COPD in 2020. Also, according to the estimates by the Centers for Disease Control and Prevention (CDC), ~24.8 million people in the US were suffering from asthma in 2018. Moreover, in 2017, people suffering from asthma recorded ~1.6 million emergency department (ED) visits and 183,000 hospitalizations in the country. In addition, a ventilator assists the patient suffering from respiratory diseases and other breathing conditions, as these disorders make breathing difficult or impossible. Thus, the growing prevalence of respiratory diseases is increasing the demand for ventilators, which is fueling the North America ventilators market growth.

📚𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐋𝐢𝐧𝐤 @ https://www.businessmarketinsights.com/reports/north-america-ventilators-market

𝐓𝐡𝐞 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬

Dragerwerk AG & Co. KGaA

Fisher & Paykel Healthcare Limited

General Electric Co

Getinge AB

Hamilton Medical

Koninklijke Philips NV

Medtronic Plc

ResMed Inc

VYAIRE MEDICAL, INC.

Mexico:

  • Developing Healthcare System: Mexico's healthcare system is undergoing continuous development, with increasing investments in medical infrastructure.
  • Urbanization and Air Pollution: Rapid urbanization and air pollution, particularly in major cities, contribute to a high prevalence of respiratory diseases.
  • Economic Disparities: Economic disparities across regions impact access to healthcare and the adoption of advanced medical technologies.
  • Regulatory Landscape: COFEPRIS (Federal Commission for Protection against Sanitary Risks) regulates medical devices in Mexico, requiring manufacturers to obtain necessary approvals.
  • Consumer preferences: Due to economic factors, price sensitivity is a major factor. However, the rise of the middle class is increasing demand for higher quality products. There is also a growing need for basic ventilators in rural areas.
  • Underserved Areas: Rural areas have a significant deficit of medical equipment.

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications

 

𝐀𝐮𝐭𝐡𝐨𝐫’𝐬 𝐁𝐢𝐨:

𝐒𝐡𝐫𝐞𝐲𝐚 𝐏𝐚𝐰𝐚𝐫

𝐒𝐞𝐧𝐢𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐄𝐱𝐩𝐞𝐫𝐭

 

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