U.S. Ventilators Market: Supporting Vital Organ Function in Critically Sick Patients
Polaris Market Research & Consulting, Inc.
Market Research | Industry Analysis
A ventilator is a medical device that helps patients breathe who have trouble breathing on their own. A ventilator may be needed when an illness or injury interferes with the normal functioning of the lungs. Besides, ventilators can support a patient’s breath when undergoing a surgical procedure.
Invasive ventilators and non-invasive ventilators are the two main categories of medical ventilators. This blog post explains the working of medical ventilators and covers the market analysis of the U.S. Ventilators market. Continue reading!
How do Ventilators Work?
#Ventilators help relieve the stress on sick patients’ bodies by assisting or taking over their breathing function. Ventilators make use of positive pressure to shove air into the lungs. There are several different types of ventilators available in the market. And each of these ventilators offers varying levels of support depending on the patient's specific needs.
The air ventilators push inside the lungs is usually mixed with added #oxygen or other #medication. Along with ensuring that air and oxygen go into the patient’s lungs, ventilators also imitate exhaling to draw carbon dioxide out of the lungs.
Market Analysis for U.S. Ventilators
The U.S. ventilators market share was valued at USD 984.13 million in 2022 and is expected to grow to USD 1,803.80 million at a CAGR of 6.25% during the forecast period.
The market's growth can be highly attributed to the growing prevalence of respiratory diseases. Over a million people in the U.S. suffer from acute respiratory infections, which is a major factor fueling the growth of the market. Another factor driving the demand for U.S. ventilators is the increasing instances of Chronic Obstructive Pulmonary Disease (#COPD) and asthma in the United States.
A Look at the Different Ventilator Types
Below is an overview of the two most common medical ventilator types:
Invasive: Invasive ventilators are also referred to as #mechanicalventilators. They are usually used among highly sick patients and completely replace the patient’s breathing function.
Non-invasive: As their name suggests, these are non-invasive ventilators that support oxygen delivery via face masks. Depending on the specific patient's needs, a therapist will determine the type of non-invasive ventilator to be used.
The Instruments/Ventilator Machines Segment Dominates the Market
?By product, the instruments/ventilator machines segment held the largest market revenue share in 2022. This is largely due to the rising rates of preterm births and escalating number of respiratory disease patients. Besides, growing awareness about neonatal ventilators among healthcare professionals is expected to boost the U.S. ventilators market growth over the forecast period.
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The Hospital End-Use Segment Garnered the Highest Revenue Share in 2022
The hospital end-use segment accounted for the highest revenue share due to increased hospital ICU admissions. The rising number of chronic and respiratory disease patients in the U.S. is another factor propelling the segment’s growth. Furthermore, the rising number of hospitals in major developing countries is anticipated to drive the U.S. ventilators market sales in the near future.
Recent Developments
In April 2022, Amedisys completed the acquisition of home health services provided by AssistedCare at Home and AssistedCare of the Carolinas. With the new acquisition, Amedisys can now offer home health services in 15 locations across Oklahoma, Ohio, and Texas.
Future Cognizance
Ventilators support the functioning of vital organs by delivering oxygen into the #bloodstream. As such, they are crucial for offering supportive care to critically ill patients. Technological advancements in #microprocessor-controlled ventilation have opened up new opportunities to improve the care of critically sick patients on ventilators, further bolstering the U.S. Ventilators market demand.?