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Anesthesia Ventilator Market Trends, Share, Growth Drivers and Future Scope
The demand for anesthesia ventilators is growing due to the increasing number of patients suffering from COVID-19 and respiratory diseases.
By: P&S Intelligence
A ventilator supports breathing of a patient under emergency and is utilized for efficiently managing the exchange of gases, including getting oxygen to lungs and aiding carbon dioxide to be released. Anesthesia ventilators are an important part of all contemporary anesthesia workstations. Automatic ventilators that are utilized in operating rooms have now become sophisticated due to the integration of various innovative ventilation modes. Attributed to the above mentioned factors, the global anesthesia ventilator market (https://www.psmarketresearch.com/
Some of the major components of anesthesia ventilators are filters, sensors, alarms, pressure regulators, and compressible air reservoirs. Among all these, the demand for compressible air reservoirs is expected to increase significantly in the years to come, which is primarily because of the fact that these components aid in the continuous exchange of gases. Major end users of anesthesia ventilators are hospitals, ambulatory care centers, and pre-hospital settings and emergency medical services. Out of these, hospital are predicted to create the largest demand for anesthesia ventilators in the coming years.
This can be attributed to the surging patient pool in these healthcare settings, enhanced healthcare facilities, and growing adoption of technological advanced products. Geographically, North America created the largest demand for anesthesia ventilators in the past, which is owing to the increasing healthcare expenditure, technological advancements, rising geriatric population, and surging burden of chronic respiratory illnesses. Other than this, the demand for these medical devices is also projected to rise significantly in Asia-Pacific, thereby making the region the fastest-growing anesthesia ventilator market. This is because of the high pollution levels and surging number of COVID-19 cases in the region.