The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

As per The Business Research Company’s Non-Invasive Ventilators Global Market Report 2024, the non-invasive ventilators market is expected to show significant growth in the forecast period.

The non-invasive ventilators market has experienced substantial growth in recent years, driven by factors such as hospital infrastructure development, prevalence of sleep-related breathing disorders, patient preference for non-invasive methods, and advancements in respiratory therapy. Valued at $2.82 billion in 2023, the market is projected to reach $2.99 billion in 2024, with a compound annual growth rate (CAGR) of 5.8%. This growth is expected to continue, reaching $3.86 billion by 2028, with a CAGR of 6.6%.

Addressing the Impact of Air Pollution

The rising incidence of air pollution is expected to drive further growth in the non-invasive ventilator market. Air pollution has been linked to 7 million premature deaths annually, with around 2.4 billion people exposed to dangerous levels of household air pollution. Non-invasive ventilators play a crucial role in providing respiratory support to individuals affected by respiratory issues caused by polluted air, without the need for intubation.

Request A Sample Of The Global Non-Invasive Ventilators Market Report 2024:
https://www.thebusinessresearchcompany.com/sample_request?id=10321&type=smp

Technological Advancements Enhancing Market Potential
Technological advancements are transforming the non-invasive ventilator market, with companies adopting new technologies to improve patient outcomes. For example, Inspiration Healthcare Group PLC recently launched the SLE1500, a neonatal ventilator designed to provide non-invasive ventilation modes for premature babies, ensuring respiratory support while protecting their delicate lungs. This system consolidates six non-invasive delivery options into a single machine, enhancing efficiency and patient care.

Strategic Acquisitions and Expansions
Acquisitions are also shaping the non-invasive ventilator market, with companies acquiring technologies to expand their product portfolios and global presence. Medline International B.V. acquired selected respiratory assets of Teleflex for $286 million, aiming to strengthen its position in the global NIV market and expand its presence in Europe and other international markets.

Market Segmentation and Regional Outlook
The non-invasive ventilators market is segmented by type, power source, application, and end-user. By region, North America was the largest market in 2023, with Asia-Pacific expected to be the fastest-growing region during the forecast period.

View More On The Non-Invasive Ventilators Market Report 2024 –
https://www.thebusinessresearchcompany.com/report/non-invasive-ventilators-global-market-report