With the slowdown in world economic growth, the High-Frequency Oscillatory Ventilator (HFOV) industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, High-Frequency Oscillatory Ventilator (HFOV) market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2018, Stratagem Market Insights analysts believe that in the next few years, High-Frequency Oscillatory Ventilator (HFOV) market size will be further expanded, we expect that by 2023, The market size of the High-Frequency Oscillatory Ventilator (HFOV) will reach XXX million $.
High-frequency oscillatory ventilation (HFOV) is used as a lung-protective strategy during the treatment of acute lung injury and acute respiratory distress syndrome (ARDS). It is often utilized as a rescue strategy when conventional mechanical ventilation has failed.
Increasing prevalence of Covid-19 is expected to propel growth of the global high-frequency oscillatory ventilators market over the forecast period. For instance, as of May 2020, there have been 5,939,234 confirmed cases of COVID-19, including 367,255 deaths worldwide, as reported to the World Health Organization.
High preterm birth rate is expected to offer lucrative growth opportunities for players in the global high-frequency oscillatory ventilators market. For instance, according to March of Dimes 2019 report card, the preterm birth rate in the U.S. reached 10.02% in 2018 from 9.63% in 2015. Moreover, increasing geriatric population is also expected to aid in growth of the market. For instance, according to the U.S. Census Bureau, the U.S. geriatric population is expected to reach 77 million by 2034.
However, there are several hazards associated with the use of high-frequency oscillatory ventilators, which hinder growth of the market. Some of these hazards include, higher intrathoracic pressures, pneumothorax, displacement of endotracheal tube, bronchospasm, pneumomediastinum, and multiple organ failure.
Major players in the market are focused on adopting partnership strategies to enhance their production capacity during the Covid-19 pandemic. For instance, in April 2020, Air Liquide partnered with Hyundai Motor India to help Hyundai Motor India to augment its production capabilities to supply of Ventilators in Tamil Nadu, India, as part of Air Liquide’s response to the COVID-19 pandemic.
Major players in the market are also focused on adopting M&A strategies to expand their product portfolio. For instance, in March 2019, Airgas, an Air Liquide company, acquired TA Corporate Holdings, Inc., an independent distributor of industrial gases and welding supplies in the U.S.
Key Takeaways
- Increasing prevalence of Covid-19 to augment growth of the global high-frequency oscillatory ventilators market over the forecast period
- Major players in the market are focused on enhancing their production capacity during the Covid-19 pandemic. For instance, in March 2020, ZOLL Medical Corporation announced to increase manufacturing capacity to 10,000 ventilators per month in response to the COVID-19 pandemic.
- Major players operating in the global high-frequency oscillatory ventilators market include, Philips Healthcare, ResMed, Medtronic Plc, Becton, Dickinson and Company Getinge AB, Drager, Smiths Group, Hamilton Medical, GE Healthcare, Air Liquide, ZOLL Medical Corporation, Allied Healthcare Products, Inc., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., and Schiller AG
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers.
Section 1: Definition
Section (2 3): Manufacturer Detail
Philips Healthcare (Netherlands)
ResMed (US)
Medtronic (Ireland)
Becton, Dickinson and Company (US)
Getinge (Sweden)
Drager (Germany)
Smiths Group (UK)
Hamilton Medical (Switzerland)
GE Healthcare (US)
Fisher & Paykel (New Zealand)
Air Liquide (France)
Zoll Medical (US)
Allied Healthcare Products (US)
Airon Mindray (China)
Schiller (Switzerland)
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7):
Product Type Segmentation
Invasive
Non-invasive
Industry Segmentation
Hospitals and Clinics
Home Care
Ambulatory Care Centers
Emergency Medical Services (EMS)
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2018-2023)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
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