A ventilator is used to provide breathing support to patients. Ventilators that are designed for use in neonates are called neonatal ventilators. Preterm neonates are infants that are born at gestational age < 35 weeks. While neonates are newborn infants under 28 days of age. During the first 28 days of line, the child is at the highest risk. Sick or premature babies are often not able to breathe properly on their own. Hence, in order to provide them with oxygen, and remove carbon dioxide, neonate ventilators are used. This process is also called artificial respiration. There is a wide variety of neonatal ventilators available in the market each with a unique set of properties and settings. Careful assessment of the infant’s breathing pattern, chest movement, respiratory rate, and oxygenation should be monitored each time ventilator parameters are adjusted. These ventilators can be invasive or non-invasive.  

Market Dynamics

Increasing incidences of premature births, increasing technological advancement in neonatal ventilators, and the launch of new products are attributed to the growth of the global neonatal ventilator market. For instance, on March 23, 2023, Inspiration Healthcare Group plc, a U.K.-based manufacturer of medical technology, announced the launch of an extension to its range of neonatal ventilators. These are new variants of the SLE6000, which facilitate precise, controlled ventilation for critically ill infants. The variants are SLE6000H, which includes powerful high-frequency oscillation, which actively controls pressure, volume, and frequency; SLE6000C includes full specification invasive and non-invasive modes, while SLE6000N provides a suite of non-invasive, multi-mode respiratory support for less sick babies and those transitioning from respiratory support, enabling more important skin to skin contact between parents and baby. The products have been launched in the U.K., where they will be sold directly and to selected international distributors.

Key features of the study:

• This report provides an in-depth analysis of the global neonatal ventilator market and provides market size (US$ Million) and compound annual growth rate (CAGR) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global neonatal ventilator market based on the following parameters–Company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Philips Respironics, Nihon Kohden Corporation, Medtronic Plc, GE Healthcare, CareFusion, ResMed, Hamilton Medical, Drägerwerk AG & Co. KGaA, Smith Medical, Breas Medical, and Becton, Dickson and Company.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global neonatal ventilator market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global neonatal ventilator market.

Detailed Segmentation:

• Global Neonatal Ventilator Market, By Product Type:
  • Intensive Care System
  • Portable
• Global Neonatal Ventilator Market, By Interface:
  • Invasive
  • Non-invasive
• Global Neonatal Ventilator Market, By End user:
  • Hospitals
  • Ambulatory Surgical Centers
  • Long term care centers
  • Others
• Global Neonatal Ventilator Market, By Region:
  • North America
    
    • U.S.
    • Canada
  • Latin America
    
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Europe
    
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East
    
    • GCC
    • Israel
    • Rest of Middle East
  • Africa
    
    • South Africa
    • Central Africa
    • North Africa
• Company Profiles
• • Philips Respironics
  • Medtronic Plc
  • GE Healthcare
  • CareFusion
  • Nihon Kohden Corporation
  • ResMed
  • Hamilton Medical
  • Drägerwerk AG & Co. KGaA
  • Smith Medical
  • Breas Medical
  • Becton, Dickson and Company