Home Non-invasive Ventilation Devices Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Home non-invasive ventilation device is the administration of ventilator without the use of any artificial invasive airway such as a tracheostomy tube. Individuals suffering from chronic obstructive pulmonary disease (COPD) and chronic respiratory failure have high morbidity and mortality levels. Patients with COPD can use portable ventilators in home settings to provide continuous oxygen supply when they are in discomfort due to breathing problems. The home NIV has proved to be physiological efficient to improve gas exchange in chronic stable hypercapnia respiratory failure.

MARKET DYNAMICS

The home non-invasive ventilation device market is anticipated to expand significantly during the forecast period, owing to the growing demand for reducing hospital admissions and readmissions to treat respiratory diseases. The rising use of ventilators to treat COPD and increasing emphasis on home care are expected to boost the market growth. Additionally, the enhanced healthcare facilities in developed economies are also expected to propel market growth. Furthermore, the availability of renting options to reduce unnecessary expenses associated with hospitalization is favoring the development of the home non-invasive ventilation device market. In contrast, challenges associated with providing ventilation at home may restrain the market growth.

MARKET SCOPE

The "Home Non-invasive Ventilation Devices Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of home non-invasive ventilation devices market with detailed market segmentation by type and application. The home non-invasive ventilation devices market are expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in home non-invasive ventilation devices market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The home non-invasive ventilation devices market are segmented on the basis of type and application. On the basis of type, the market is segmented into CPAP devices, APAP devices, and BPAP devices. On the basis of application, the market is segmented as homecare, and hospital.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the home non-invasive ventilation devices market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The home non-invasive ventilation devices market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting home non-invasive ventilation devices market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the home non-invasive ventilation devices market in these regions.

MARKET PLAYERS

The report covers key developments in the home non-invasive ventilation devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from home non-invasive ventilation devices market are anticipated to have lucrative growth opportunities in the future with the rising demand for home non-invasive ventilation devices in the global market. Below mentioned is the list of few companies engaged in the home non-invasive ventilation devices market.

The report also includes the profiles of key players in home non-invasive ventilation devices market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•  Teijin Pharma
  
•  Philips Respironics
  
•  Fisher and Paykel Healthcare
  
•  DeVilbiss Healthcare
  
•  Fosun Pharma
  
•  ResMed
  
•  Medtronic
  
•  BMC Medical
  
•  Apex Medical
  
•  Somnetics
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.

Home Non-invasive Ventilation Devices Report Scope