Medical ventilator

COVID-19's Impact on Worldwide Ventilator Markets; 2018-2019 & 2020-2027 - Increasing Number of Intensive Care Units (ICU) and ICU Beds

Retrieved on: 
Monday, May 11, 2020
Respiratory therapy, RTT, Medical ventilator, Neonatology, Preterm birth, Urbanization, Articles, Health, Medicine

The global ventilators market is expected to grow at a CAGR of 15.8% from 2020 to 2027 to reach $7.72 billion by 2027.

Key Points: 
  • The global ventilators market is expected to grow at a CAGR of 15.8% from 2020 to 2027 to reach $7.72 billion by 2027.
  • The growth in the ventilators market is mainly attributed to the factors such as increasing number of intensive care units (ICU), rising incidence & prevalence of chronic diseases, urbanization and growing pollution level, rapid growth in geriatric population, and increasing incidence of preterm births.
  • Moreover, with the drastically increasing COVID-19 crisis, the demand for ventilators is expected to increase significantly in many countries all over the globe.
  • Moreover, due to COVID-19 crisis, vendors are manufacturing low cost & portable ventilators, thereby increasing their availability & affordability across the world.

ITRI Unveils Taiwan's First Medical Grade Ventilator Prototype

Retrieved on: 
Friday, May 8, 2020
Respiratory therapy, Medical specialties, Medicine, Health care, Medical ventilator, Industrial Technology Research Institute, Ventilator

In response, the Industrial Technology Research Institute (ITRI) and the industrial community have come together in an effort to develop a ventilator.

Key Points: 
  • In response, the Industrial Technology Research Institute (ITRI) and the industrial community have come together in an effort to develop a ventilator.
  • This is also boosting opportunities for Taiwan industry in the high-end medical equipment sector, and is demonstrating the power of "Taiwan Helps."
  • In the face of the worldwide ventilator shortage, Taiwan has now developed its first ventilator prototype, highlighting its ability to produce high-end medical equipment on its own.
  • Over the past five years, it has honed its experience in rapid trial production, which has proven crucial in developing Taiwan's first medical grade ventilator prototype.

Global Ventilators Market is Expected to Reach $2027.60 Million by 2027

Retrieved on: 
Wednesday, May 6, 2020
Respiratory therapy, Medical ventilator, Forecast period, Compound annual growth rate, Academic disciplines, Articles

GAITHERSBURG, Maryland, May 6, 2020 /PRNewswire/ -- According to Stratistics MRC, the Global Ventilators market is accounted for $859.90 million in 2018 and is expected to reach $2027.60 million by 2027 growing at a CAGR of 10.0% during the forecast period.

Key Points: 
  • GAITHERSBURG, Maryland, May 6, 2020 /PRNewswire/ -- According to Stratistics MRC, the Global Ventilators market is accounted for $859.90 million in 2018 and is expected to reach $2027.60 million by 2027 growing at a CAGR of 10.0% during the forecast period.
  • Some of the key factors propelling the market growth are rising population, increasing occurrence of chronic lung diseases, and technological advancements in healthcare sector.
  • However, difficulty related with the use of ventilators is the restraining factor for the growth of the market.
  • By interface, the invasive ventilator segment is expected to grow at a significant market share during the forecast period.

Code Life Ventilator Challenge: Announcement of the Three Finalist Teams

Retrieved on: 
Wednesday, May 6, 2020
Respiratory therapy, Medicine, Medical ventilator, Engineering, Ventilator, Electrical engineering, Indian films

MONTREAL, May 06, 2020 (GLOBE NEWSWIRE) -- The Montreal General Hospital Foundation and the Research Institute of the McGill University Health Centre are pleased to announce the three finalist teams for the Code Life Ventilator Challenge.

Key Points: 
  • MONTREAL, May 06, 2020 (GLOBE NEWSWIRE) -- The Montreal General Hospital Foundation and the Research Institute of the McGill University Health Centre are pleased to announce the three finalist teams for the Code Life Ventilator Challenge.
  • In order to design this ventilator, the team collaborated with physicists and engineers from Montreal, London (Ontario), and Kingwood (Texas).
  • Designed by a team from Paran, Brazil, the IFPR ventilator uses modern engineering techniques and sophisticated mechanical and electronic components.
  • Launched in March, the Code Life Ventilator Challenge was a response to the Covid-19 pandemic currently afflicting the planet.

MW Industries, Inc. Manufactures Metal Components That Play a Critical Role in the Fight Against COVID-19

Retrieved on: 
Wednesday, May 6, 2020
Fastener, Medical ventilator

Tri-Star is fulfilling orders from the largest ventilator manufacturers in the world, producing both off-the-shelf inserts, as well as manufactured to spec parts.

Key Points: 
  • Tri-Star is fulfilling orders from the largest ventilator manufacturers in the world, producing both off-the-shelf inserts, as well as manufactured to spec parts.
  • RAF Electronic Hardware, in Seymour, CT, has been a key supplier of precision metal fasteners and components for medical equipment manufacturers worldwide, including critical applications in ventilators, air filtration and medical imaging systems.
  • MW Industries, Inc. is the world's leading manufacturer of highly engineered industrial springs, fasteners, bellows, and related metal components.
  • With several manufacturing locations throughout the United States, MW Industries designs and creates products for a variety of industries, including medical, aerospace, energy, and automotive.

Ventilators & COVID-19: Global Market Breakdown by Product, Mobility, Interface, Age Group, Mode, End-user and Region - Forecast to 2027 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, May 6, 2020
Infectious diseases, Health, Medical devices, Respiratory therapy, Medical ventilator

The global ventilators market is expected to grow at a CAGR of 15.8% from 2020 to 2027 to reach $7.72 billion by 2027.

Key Points: 
  • The global ventilators market is expected to grow at a CAGR of 15.8% from 2020 to 2027 to reach $7.72 billion by 2027.
  • This research report provides an in-depth analysis of the ventilators market in five major geographies and emphasizes on the current market trends, market size, market share, recent developments, and forecast till 2027.
  • Moreover, with the drastically increasing COVID-19 crisis, the demand for ventilators is expected to increase significantly in many countries all over the globe.
  • Based on end user, the hospitals segment accounted for largest share of the overall ventilators market in 2019.

Jones & Bartlett Learning Offers Free Online Educational Resource for Mechanical Ventilation Clinicians

Retrieved on: 
Tuesday, May 5, 2020
Medicine, Medical specialties, Respiratory therapy, Health care, Respiratory therapist, Mechanical ventilation, Medical ventilator, Ventilation

Essentials of Mechanical Ventilation is a product associated with the award winning text Mechanical Ventilation by David C. Shelledy, PhD, RRT, RPFT, FAARC, FASAHP and Jay I. Peters, MD.

Key Points: 
  • Essentials of Mechanical Ventilation is a product associated with the award winning text Mechanical Ventilation by David C. Shelledy, PhD, RRT, RPFT, FAARC, FASAHP and Jay I. Peters, MD.
  • This online resource will provide clinicians essential information on when to start a patient on a ventilator and how to initiate and adjust ventilation.
  • Jones and Bartlett Learning also offers a full Respiratory Care Curriculum providing robust resources for hospitals, clinicians, and educators.
  • Ascend Learning is a leading provider of online educational content, software and analytics serving students, educational institutions and employers.

Global Ventilator Market to 2026: Competitive Landscape - Featuring Koninklijke Philips, Getinge & Smith Medical Among Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, May 5, 2020
Medical devices, Health, Medicine, Medical specialties, Respiratory therapy, Health care, Mechanical ventilation, Intensive care medicine, Medical ventilator

The global ventilator market is witnessing an exponential rise in the size of the market due to the ongoing COVID-19 pandemic.

Key Points: 
  • The global ventilator market is witnessing an exponential rise in the size of the market due to the ongoing COVID-19 pandemic.
  • Presently, more than 45 companies are operating in this market, including already exiting healthcare companies and emerging healthcare companies.
  • This demand and supply deficit of ventilators worldwide has led to major changes within the dynamics of the global ventilator market.
  • What was the market share of each of the companies in mechanical ventilator and non-invasive ventilator segments of the global ventilator market in 2019?

ResMed Accelerates Release of Ventilator Telemonitoring Platform to Enable Safer, More Efficient Patient Care

Retrieved on: 
Tuesday, May 5, 2020
Data management, Consumer electronics, Technology, Managed care, Health, General Health, Public relations, Investor relations, Communications, Medical devices, Infectious diseases, Software, Respiratory therapy, Medicine, Health care, Medical specialties, Medical ventilator, ResMed

The digital health platform can work via a connectivity module with any Stellar or Astral ventilator in Europe.

Key Points: 
  • The digital health platform can work via a connectivity module with any Stellar or Astral ventilator in Europe.
  • Amidst the COVID-19 crisis, there are many other patients who rely on ResMed ventilators every day to assist their breathing.
  • This release also enables access to detailed respiratory information from ResMed ventilators Astral and Stellar, as well as Lumis bilevel devices.
  • Healthcare providers interested in activating AirView for their patients using a ventilator or bilevel device can contact their local ResMed representative.

AdvaMed Announces VentConnect Online Platform to Scale the Production and Distribution of Ventilators

Retrieved on: 
Tuesday, May 5, 2020
Technology, Biotechnology, FDA, Nanotechnology, Health, Other Science, Research, Medical devices, Software, Infectious diseases, Hospitals, Hardware, Science, Medical Supplies, AdvaMed, Aerospace Industries Association, Medical ventilator, AIA, Health

The new platform was developed pro bono with the Aerospace Industries Association (AIA), Google, and other industry alliances and partners.

Key Points: 
  • The new platform was developed pro bono with the Aerospace Industries Association (AIA), Google, and other industry alliances and partners.
  • AdvaMed is the worlds largest medical technology association, representing more than 400 companies, including ventilator manufacturers.
  • In addition to AIA members, more than 50 companies such as Stanley Black & Decker, and Arrow Electronics from a range of industries are contributing as suppliers to VentConnect.
  • Scott Whitaker, AdvaMed President and CEO, said: The medical technology industry is stepping up to meet the unprecedented demand from hospitals and patients across the country for ventilators.