South Africa Mechanical Ventilator Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Portable Ventilators, Intensive Care Ventilators, Neonatal Ventilators, and Others), By Modality (Non-Invasive and Invasive), By End User (Hospitals, Ambulatory Surgery Centers, Specialty Clinics, Long Term Care Centers, Rehabilitation Centers, Homecare Setting, and Others) and South Africa Mechanical Ventilator Market Insights, Industry Trend, Forecasts to 2033.
Industry: HealthcareSouth Africa Mechanical Ventilator Market Insights Forecasts to 2033
- The Market is Growing at a CAGR of 6.80% from 2023 to 2033
- The South Africa Mechanical Ventilator Market Size is Expected to Hold a Significant Share by 2033
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The South Africa Mechanical Ventilator Market is Anticipated to Hold a Significant Share by 2033, growing at a CAGR of 6.80% from 2023 to 2033.
Market Overview
Mechanical ventilation is a device that provides artificial ventilation, by aiming to assist in the delivery of oxygen and the elimination of carbon dioxide by moving air into and out of the lungs. Critically ill patients who are unable to breathe on their own are assisted by mechanical ventilation. A hollow tube is placed into the patient’s mouth and down into their trachea which serves as an artificial airway to connect them to the ventilator. To evaluate respiratory system abnormalities and static compliance of airway resistance is diagnosed by the mechanical ventilator. The rising rates of chronic illness, an increase in intensive care unit beds, urbanization, and pollution, the need for cost-effective technologies, an increase in preterm births and neonatal care, and technological advancements are some of the factors that help to expand the South Africa mechanical ventilation market.
Report Coverage
This research report categorizes the market for the South Africa mechanical ventilator market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Africa mechanical ventilator market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Africa mechanical ventilator market.
South Africa Mechanical Ventilator Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 6.80% |
Historical Data for: | 2019-2022 |
No. of Pages: | 230 |
Tables, Charts & Figures: | 95 |
Segments covered: | By Product Type, By Modality, By End User and COVID-19 Impact Analysis |
Companies covered:: | SSEM Mthembu Medical (Pty) Ltd, MBUSO Medical Supplies, Medtronic PLC, GE Healthcare, FISHER & PAYKEL HEALTHCARE LIMITED, PENLON LIMITED, RESMED, VYAIRE MEDICAL INC and Others key vendors. |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The mechanical ventilator market is primarily driven by the aged population. Diseases such as chronic respiratory disorders, and geriatric patients need the long-term treatment of mechanical ventilation. Improvements in positive pressure airway device technology and an increase in the prevalence of chronic obstructive pulmonary disease (COPD) resulted in the expansion of the South Africa mechanical ventilation market. Another factor driving the mechanical ventilation market is technological innovation, as companies are always coming up with new ideas to counteract the shifting demands of the healthcare industry. This will ensure operational cost reductions and favorable patient outcomes, highlighting the efforts being made to develop highly advanced ventilation modalities that are appropriate for both hospital and home care.
Restraining Factors
The South Africa mechanical ventilation market is significantly limited by the high capital requirement. The mechanical ventilation market can be hampered by the risk associated with mechanical ventilation procedures. For instance, pneumonia can be caused when the windpipe endotracheal tube makes it easier for bacteria to enter the lungs.
Market Segmentation
The South Africa mechanical ventilator market share is classified into product type, modality, and end-users.
- The portable ventilators segment is expected to hold the largest market share through the forecast period.
The South Africa mechanical ventilator market is segmented by product type into portable ventilators, intensive care ventilators, neonatal ventilators, and others. Among these, the portable ventilators segment is expected to hold the largest market share through the forecast period. Portable breathing machines are increasingly encouraged by hospitals because they help patients receive continued expedited care even before entry into the building. As such, portable breathing machines allow the patient to get the much-needed care in their home, and it has increasingly become popular over the years.
- The non-invasive segment is expected to dominate the South Africa mechanical ventilator market during the forecast period.
Based on the modality, the South Africa mechanical ventilator market is divided into non-invasive and invasive. Among these, the non-invasive segment is expected to dominate the South Africa mechanical ventilator market during the forecast period. A variety of applications and its capacity to provide precise and higher oxygen concentrations are important drivers of the growth of this segment. Non-invasive ventilation can be provided using high-end intensive-care ventilators with multiple modes of respiratory support.
- The hospital segment is expected to hold the largest market share through the forecast period.
The South Africa mechanical ventilator market is segmented by end-users into hospitals, ambulatory surgery centers, specialty clinics, long-term care centers, rehabilitation centers, homecare settings, and others. Among these, the hospital segment is expected to hold the largest market share through the forecast period. The hospital segment dominated the market because hospitals were spending more money and it was possible to use highly advanced ventilators. The expansion of this segment could be also due to the availability of trained medical personnel to run the said ventilators, increased focus on improved health outcomes, and rising productivity in hospitals.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Africa mechanical ventilator market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- SSEM Mthembu Medical (Pty) Ltd
- MBUSO Medical Supplies
- Medtronic PLC
- GE Healthcare
- FISHER & PAYKEL HEALTHCARE LIMITED
- PENLON LIMITED
- RESMED
- VYAIRE MEDICAL INC
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Africa, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the South Africa mechanical ventilator market based on the below-mentioned segments:
South Africa Mechanical Ventilator Market, By Product Type
- Portable Ventilators
- Intensive Care Ventilators
- Neonatal Ventilators
- Other
South Africa Mechanical Ventilator Market, By Modality
- Non-Invasive
- Invasive
South Africa Mechanical Ventilator Market, By End-Users
- Hospitals
- Ambulatory Surgery Centres
- Specialty Clinics
- Long Term Care Centres
- Rehabilitation Centres
- Homecare Setting
- Other
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