Home > Healthcare > Medical Devices > Therapeutic Devices > Neonatal Ventilators Market

Neonatal Ventilators Market Share

Report ID: GMI2341
Published Date: Oct 2023
Report Format: PDF

Download Free Sample

Neonatal Ventilators Market Share

The neonatal ventilators industry is consolidated in nature, with major companies competing to offer superior neonatal ventilators in this business space. Prominent players such as Getinge Group hold a notable share in this market. These companies are diligently directing their efforts towards continuous product innovation to gain substantial company market share. For instance, Getinge received clearance from the U.S. FDA for several new software options for the Servo-u and Servo-n ventilators. This includes several new functionalities and options across all patient categories – adult, pediatric and neonatal.

Some of the major market players operating in the neonatal ventilators industry are:

Air Liquide
Becton Dickinson
Breas Medical
Drägerwerk AG & Co. KGaA
GE Healthcare
HAMILTON MEDICAL
Koninklijke Philips N.V
Getinge Group
Medtronic plc
ICU Medical

Major market players are adopting strategic formulations such as forward integration, new product development, geographical expansion, and research collaborations to garner maximum industry share and promote company growth.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Neonatal ventilators industry size was USD 361.6 million in 2022 and may exceed USD 547.8 million by the end of 2032 due to increasing number of newborn babies and the high mortality rate in developing economies.

Neonatal ventilators industry size from the invasive ventilation product segment exceeded USD 249.1 million in 2022 attributable to the high frequency usage of mechanical ventilators in intensive care units.

Neonatal ventilators market size in the hospital end-use segment is projected to reach more than USD 372 million by the end of 2032 due to the presence of advanced healthcare infrastructure.

Demand for neonatal ventilators in the U.S. is anticipated to expand to reach USD 201 million by 2032 owing to the increase in awareness regarding infant safety and the rising healthcare expenditure in the nation. ?