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LAMEA market for mechanical ventilator is expected to grow at a CAGR of 8.1% during 2016-2022. In comparison of Invasive Ventilation, Non-invasive Ventilation treatments are preferred more around the world because with NIV there is a less risk of infection and more chances of survival have been seen in the patients suffering from respiratory failure. Major factors that help in the growth of the mechanical ventilators market are rapid growth of old population and advancements in technology. New technological advancements offered a new generation of machines, which provides new variants in ventilation modes; it is mainly designed for the patients comfort. The notable factors effecting the market growth are the high cost of intensive care unit Intensive Care Unit Mechanical Ventilators. However, government and healthcare officials are expected to take actions for the high cost of ventilators.
The report highlights the adoption of Magnetic Ventilators in LAMEA (Latin America, Middle East and Africa). Based on the Product Type, the LAMEA Magnetic Ventilators Market is segmented into Intensive Care UnitCritical Care and TransportPortableAmbulatory segment. Based on the Mode of Ventilation, the market is bifurcated into Non-invasive ventilation and Invasive ventilation segments. Based on the End User, the market is bifurcated into Pediatric and Neonates, Adult and Geriatric segments.
The countries included in the report are Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA. Key Players profiled in the report includes Mindray Medical International Limited, Becton Dickinson and Company, Smiths Group Plc., General Electric, Getinge Group, Drager, Medtronic Plc. and Koninklijke Philips N.V.