Anesthesia and Respiratory Devices include devices used in administering anesthesia during surgery, devices used in respiratory assistance and respiratory function measurement. A Ventilator is an artificial respiratory support device which helps respiratory patients or those having breathing problems to breathe or inhale oxygen into their lungs and exhale carbon dioxide. GlobalData uses proprietary data and analytics to provide a comprehensive report on the ventilators market in Spain. Buy the latest report here.
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In 2023, GlobalData’s Market Model methodology determined that the leading player in the ventilators market in Spain was Dragerwerk followed by ICU Medical, Maquet, GE HealthCare Technologies, Air Liquide, Vyaire Medical, Hamilton Medical, Nihon Kohden, Philips Respironics, Shenzhen Mindray Bio-Medical Electronics and Medtronic.
Understanding market size can be crucial to evaluate opportunities and make informed decisions about market entry and exit. Medical device companies can identify attractive segments in respective markets as well as develop marketing strategies based on forecasts for those segments.
A Ventilator uses air pressure to deliver air into the lungs and alternatively, creates vacuum pressure to release out carbon dioxide from it. The Ventilator market consists of Critical Care Ventilators and Transport Ventilators. Critical Care Ventilators also known as intensive care ventilators, provide artificial respiratory support to critical patients in ICUs. Transport Ventilators also known as portable ventilators, provide artificial respiratory support to the critical patients during their transportation within various departments of a hospital, outside the hospital in mobile medical transport applications or in home care settings.
The ventilators market in Spain can expand or contract due to a variety of reasons including population demographics, disease incidence and prevalence, macroeconomic issues, and geopolitical considerations. Disruption to a market could be caused by a sudden, unexpected change in these factors, but it could also be driven by changes in clinical practice, leading to a change in diagnosis or treatment of patients, as part of a process to generally improve medical practice.
For the latest analysis of the market size ventilators in Spain, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Medical Intelligence Center Market Models are the gold standard of medical device market valuation, company share estimation and market trend forecasting. GlobalData uses a patient-based forecast model or installed base methodology to determine the market size for therapeutic indications and capital equipment expenditures. Estimates are based on a number of sources, including primary research—KOL and industry contact interviews—and secondary research, such as company reports, press releases, published articles, proprietary databases, and general news media.
