It is not that simple.
North America is the largest market for ventilators, followed by Europe. Asia-Pacific possesses lucrative growth potential for the ventilators market during the forecast period. The rising geriatric population, growing per capita income, increasing investments in the healthcare industry by key market players, rising demand for cutting-edge technologies, and expansion of private hospitals in rural areas are the major factors driving growth of the ventilators market in this region.
The global ventilators market is segmented based on product type, age group, interface, mode, and end user. Based on product type, the ventilators market is segmented into intensive care ventilators and portable/transportable ventilators. Based on age group, the ventilators market is segmented into adult/pediatric ventilators and neonatal/infant ventilators. The global ventilators market is consolidated at the top with 5 companies accounting for more than half of the global market share.
The major players in the market include Philips Healthcare (Netherlands), ResMed Inc. (U.S.), Medtronic plc (Ireland), Becton, Dickinson and Company (U.S.), and Getinge Group (Sweden). Some of the other players in this market are Dräger Group (Germany), Smiths Group plc (U.K.), Teleflex Incorporated (U.S.), Hamilton Medical AG (Switzerland), and GE Healthcare (U.S.). Order a copy of Ventilator Market by Type (Intensive Care, Portable), Age Group (Adult, Infant), Mode (Volume, Pressure, Combined), Interface (Invasive, Non-invasive), End User (Hospital, Home Care, Ambulatory Care Center) - Global Forecast to 2021 research report at
http://www.rnrmarketresearch.com/contacts/purchase?rname=677638 .