The electronic emergency ventilator refers to the electric medical machine which is especially designed to provide emergency ventilation to the patients with the help of transferring the breathable air in and out of the lungs. Through such process, it efficiently delivers breath to a patient who is suffering from respiratory diseases and is physically not able to breath. The electronic emergency ventilators market is expected to drive over the forecast years due to the rising growth in incidence of COVID-19 across the globe. COVID-19 has adverse effect on the respiratory systems of human and such problem is occurred majorly in geriatric population therefore, global demand for electronic emergency ventilators is expected to drive over the upcoming period to treat patients suffering from COVID-19. For instance: as per Worldometer.info, till April 2020, globally over 2,579,894 confirmed cases were registered out of which over 179,059 people died due to the coronavirus globally. Also, as per the World Economic Forum 03 April 2020, 7,000 new ventilators were enough to meet the market demand of the entire planet whereas after spread of COVID-19 across the globe New York itself forecasted need of over 30,000 additional machines & ventilators in April 2020. Also, some ventilator manufacturers have already boosted their production by 30-50%,. However, the higher cost of ventilators is the factor hamper the growth of market over the forecast years.
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The regional analysis of global Electronic Emergency Ventilator market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rapid growth in cases of COVID-19 in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period. Factors such as due to the presence of favorable government initiatives and increasing prevalence of COVID-19 in the region would create lucrative growth prospects for the Electronic Emergency Ventilator market across Asia-Pacific region.
Major market player included in this report are:
Flight Medical Innovations
Allied Healthcare Products
RWD Life Science
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Technology offerings of key players.
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