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According to a new report, Asia Pacific Mechanical Ventilators Market, published by KBV Research, the Asia Pacific Mechanical Ventilators Market is expected to grow at a CAGR of 7.3% during 2016 -2022.
The Intensive Care Unit/Critical Care market dominated the Asia Pacific Mechanical Ventilators Market in 2015, and would growat a CAGR of 6.9% during the forecast period. The Transport/Portable/Ambulatory market is expected to grow at a CAGR of 8.6% during the forecast period.
The Geriatric market contributed the revenue share to the Asia Pacific Mechanical Ventilators Market in 2015, and would grow at a CAGR of 5.3% during the forecast period. The Adult market is expected to attain a market size of $365.4 million by 2022.
The report highlights the adoption of Magnetic Ventilators in Asia Pacific.Based on the Product Type, the Asia PacificMagnetic Ventilators Market is segmented into Intensive Care Unit/Critical Care and Transport/Portable/Ambulatory segment. Based on the Mode of Ventilation, the market is bifurcated into-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 China, Japan, India, South Korea, Singapore, Malaysia and Rest of Asia Pacific.
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.
The market is segmented based on Product Type, Mode of Ventilation, End User and Country.