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Leading medical device companies, Medtronic and Philips, expand ventilator production amidst coronavirus outbreak, reports TBRC

Press releases may be edited for formatting or style | May 13, 2020 Business Affairs

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Complications Associated With The Use Of Ventilators

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The number of complications associated with the use of ventilators is expected to negatively affect the ventilators market growth. Ventilators cause complications including bronchopleural fistula, pneumothorax and nosocomial pneumonia, and similar complications that result in decrease in cardiac output, gastric problems and renal impairment, and alkalosis. According to a study published in the Brazilian journal of pulmonology, 38.1% of patients in hospitals treated with ventilators develop ventilator-associated pneumonia.

Key Players And Their Strategies In The Ventilators Market

Major players in the global ventilators market are Philips Healthcare, ResMed, Medtronic, Becton, Dickinson and Company, GE Healthcare, Hamilton Medical, Dräger, Getinge, Smiths Group, Fisher & Paykel, Air Liquide, Allied Healthcare Products, and Teleflex Incorporated. Companies in the market are investing in mergers and acquisitions to strengthen their businesses. In April 2018, Vyaire Medical, a US based respiratory device manufacturer, acquired Acutronic for an undisclosed amount. Acutronic is a leading manufacturer of neonatal ventilator equipment. With this move, Vyaire will strengthen its position in the ventilator market by entering into the neonatal ventilator segment.

Here Is A List Of Similar Reports By The Business Research Company:

Respiratory Devices And Equipment (Therapeutic And Diagnostic) Global Market Report 2020

Masks (N95 Respirators And Other Surgical Masks) Global Market Report 2020-30: Covid 19 Implications And Growth

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