Ventilator Market 2020 - Industry Production, Trends, Sales, Supply, Demand, Analysis & Forecast to 2027

 

Market Size – USD 907.3 Million in 2019, Market Growth - CAGR of 7.3%, Market Trends –Increase in geriatric population

This report on the global Ventilator market gives a thorough study that is primarily focused on top players and their business stratagem, geographical extent, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is explicitly prepared to explore crucial fragments of the global Ventilator market. For instance, the market dynamics section in the report gives an in-depth analysis of the drivers, restraints, trends, and opportunities in the global Ventilator market. With both qualitative and quantitative analysis, we provide you with thorough and comprehensive information on the global Ventilator market. The study also entails SWOT, PESTLE, and Porter’s Five Forces analyses of the global Ventilator market.

A growing population of people smoking tobacco (both active and passive), as well as rapid urbanization and growing level of the population, are causative of accelerating growth of the market.  The pollution of air obstructs air passage causing asthma, reduced lung function, and reactive airways dysfunction syndrome, and tobacco smoking lead to hyper-responsiveness of air passage, thereby creating a need for ventilators to give relief to ailing patients.

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Regional Analysis

The North American region holds the largest spot in the growth of Ventilator market with a share of approximately 52.6% in the year 2019 and is contemplated to hold the same by the end of the decade due to constant growth of the construction industry of Mexico, Canada, and the United States in the region.

Regional Scope: North America; Europe; Asia Pacific; Central & South America; MEA

Key players in the market include Canopy Growth Corporation, Aurora Ventilator Inc., Tikun Olam, Ventilator Science Inc., Aphria Inc., Maricann Group Inc., Tilray Inc., VIVO Ventilator Inc., Medical Marijuana, Inc., STENOCARE, Cronos Group Inc., Terra Tech Corp., and MedMen, among others.

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Product Type Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)

  1. Flower
  2. Concentrates
  3. Others

Compound Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)

  1. Tetrahydrocannabinol
  2. Cannabidiol (CBD)
  3. Balanced THC & CBD

Application Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)

  1. Medical
  2. Pain Management
  3. Neurological Health Management
  4. Mental Health Management
  5. Others
  6. Recreational
  7. Others

Location: New York, NY, USA

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