Healthcare expenditures in South America are growing at a faster rate than the global average. This is due to a number of factors, including the ageing population, the increasing prevalence of chronic diseases, and the rising cost of medical technology. The rising healthcare expenditures are providing more opportunities for the purchase of ventilators in South America. There is a growing awareness of the benefits of ventilation in South America. This is leading to an increase in the demand for ventilators from both patients and healthcare providers. The South American ventilator market traces back to the mid-20th century, when mechanical ventilators began to be employed in medical settings across the region. Initially used primarily in surgical procedures, the technology evolved as advancements in respiratory care gained momentum. During these early years, ventilators were relatively simple in design and functionality compared to the sophisticated systems in use today. South American countries witnessed increased investment in healthcare infrastructure. This period saw the expansion of hospital facilities, the establishment of specialised intensive care units (ICUs), and a growing emphasis on respiratory care. Ventilators became integral components of critical care units, contributing to the region's capacity to manage severe respiratory conditions. Furthermore, there has been a rise in the prevalence of respiratory diseases in South America. Factors such as urbanisation, environmental pollution, and changing lifestyles contributed to an increased burden of conditions like chronic obstructive pulmonary disease (COPD) and respiratory infections. The surge in respiratory diseases amplified the demand for ventilators as essential tools in managing these conditions. The turn of the millennium marked a significant period of technological advancements in the South American ventilator market. Ventilators evolved from basic mechanical devices to sophisticated systems with advanced features. Integration of electronic controls, patient monitoring capabilities, and the advent of smart ventilators became prominent, enhancing the precision and effectiveness of respiratory support. According to the research report, “South America Ventilator Market Research Report, 2028,” published by Actual Research, the South America Ventilator market is anticipated to grow with more than 6% CAGR from 2023–2028. The high prevalence of respiratory diseases, including chronic obstructive pulmonary disease (COPD), asthma, and respiratory infections, is a significant driver. As respiratory conditions become more prevalent, the demand for ventilators, which are crucial in managing severe respiratory distress increases. Investments in healthcare infrastructure, including the establishment of intensive care units (ICUs) and respiratory care facilities, contribute to increased demand for ventilators. As countries in South America enhance their healthcare capabilities, the need for ventilators as essential life support equipment grows. Government initiatives and policies related to public health and emergency preparedness play a crucial role. Policies that prioritise respiratory care, invest in critical care infrastructure, and ensure the availability of ventilators contribute to sustained demand. The growth in the number of surgical procedures, especially those requiring anaesthesia and post-operative respiratory support, contributes to the demand for ventilators. Anaesthesia ventilators are essential for maintaining respiratory function during surgical interventions. Increasing awareness among healthcare professionals and the general public about the importance of early detection and management of respiratory conditions contributes to a proactive approach. This, in turn, drives the demand for ventilators for both acute and chronic respiratory care.
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Download SampleThe South America Ventilator Market is segmented into Brazil, Argentina, Colombia, and the rest of South America. Brazil held the largest share of the South American ventilator market in 2022. Brazil boasts one of the largest and most developed healthcare systems in South America. The country has a comprehensive network of hospitals, clinics, and healthcare facilities, providing a strong foundation for the procurement and utilisation of medical equipment, including ventilators. As the most populous country in South America, Brazil has a substantial patient base with diverse healthcare needs. The large population contributes to a higher demand for healthcare services, including respiratory care, leading to a greater need for ventilators. Brazil, like many countries, faces a high prevalence of respiratory diseases such as chronic obstructive pulmonary disease (COPD), asthma, and respiratory infections. The burden of respiratory illnesses necessitates a robust infrastructure for respiratory care, including the widespread use of ventilators. Economic strength among South American nations allows for significant investments in healthcare infrastructure. The country's ability to allocate resources to healthcare facilities, equipment procurement, and technological advancements contributes to its leadership in the ventilator market. Based on the mobility types, they are segmented into the Instruments/Ventilator Machines and Portable/transportable Ventilators. Among them in South America, the Instruments/Ventilator Machines lead the ventilator market. Ventilator machines play a critical role in respiratory care, providing life-saving support for individuals with compromised breathing or respiratory failure. The essential nature of ventilators in treating severe respiratory conditions contributes to their central position in the broader ventilator market. South America, like many regions, faces a notable burden of respiratory diseases, including chronic obstructive pulmonary disease (COPD), pneumonia, and respiratory infections. The high prevalence of these conditions contributes to the demand for ventilator machines as a primary tool for respiratory support. Government investments in healthcare infrastructure, including the procurement of medical equipment, play a pivotal role. If governments in South America prioritise the acquisition of ventilator machines as part of their healthcare development strategies, it can contribute to the dominance of these devices in the market. In terms of the types, there are adult/pediatric ventilators and Neonata/infant ventilators among them in South America. Neonata/Infant Ventilators is a growing market. South America, like many regions, experiences a significant number of premature births. Premature infants often require respiratory support due to their underdeveloped lungs and respiratory systems. The demand for neonatal ventilators increases in neonatal intensive care units (NICUs) to provide life-saving respiratory assistance for these vulnerable infants. Premature new-born and those with respiratory issues are now more likely to survive because of developments in neonatal medicine and medical technology. The provision of optimal treatment now depends on the availability of sophisticated neonatal ventilators with characteristics designed to meet the sensitive breathing demands of neonates. Neonatal health is becoming more and more important to communities, parents, and healthcare providers. The need for neonatal ventilators to provide prompt and efficient breathing support is being driven by this growing awareness, which helps with early identification and intervention for respiratory problems in neonates.
According to the report, the end users are segmented into hospitals, home healthcare, ambulatory surgical centres, and others; among them, ambulatory surgical centres are a growing market. The rise in ambulatory surgical procedures, which are medical procedures performed on an outpatient basis, has been a trend. As ASCs become more prevalent and perform a broader range of procedures, there may be an increased need for ventilators to support patients who undergo surgeries that may impact their respiratory function. Advances in ventilator technology, including the development of more portable and compact devices, may align with the needs of ASCs. If newer ventilator models are suitable for use in outpatient settings, it could drive their adoption in ambulatory surgical centers. Ambulatory surgical centres, like any healthcare facility, must be prepared for emergencies. Having ventilators on-site may be part of emergency preparedness plans, ensuring that the facility can respond effectively to unexpected respiratory complications during or after procedures. Based on the indications, they are segmented into cardiovascular disorders and hypertension, cancer, respiratory diseases, diabetes, movement disorders, wound care, pregnancy, hearing disorders, and other indications. Among them, in South America, diabetes is increasing the demand for ventilators. South America has a rapidly ageing population, and older adults are more likely to develop diabetes and its complications. This is another factor that is contributing to the increasing need for ventilators in the region. Access to healthcare can be limited in some parts of South America. This can make it difficult for people with diabetes to get the care they need to manage their condition and prevent complications. As a result, they may be more likely to develop respiratory failure and require mechanical ventilation. Companies Covered in this report: Koninklijke Philips N.V., ResMed Inc. , Getinge AB, Drägerwerk AG & Co. KGaA, Medtronic plc , Nihon Kohden Corporation, Air Liquide S.A., GE HealthCare Technologies, Inc.
Considered in this report: • Geography: South America • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report: • South America Ventilator market Outlook with its value and forecast along with its segments • Country-wise Ventilator market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Country covered in the report: • Brazil • Argentina • Colombia By Mobility • Instruments/ Ventilator Machines • Portable/transportable Ventilators By End User • Hospitals • Ambulatory Surgical Centers • Home Healthcare • Others By Types: • Adult/Pediatric Ventilators • Neonata/Infant Ventilators By Indication • Cardiovascular Disorders & Hypertension • Cancer • Respiratory Diseases • Diabetes • Movement Disorders • Wound Care • Pregnancy • Hearing Disorders • Other Indications The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Ventilator industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
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