December 3, 2024

India’s Critical Care Ventilators Market to Witness 4% CAGR Growth Through 2023: Global Data Report

Asthma and Chronic Obstructive Pulmonary Disease (COPD) are two chronic respiratory disorders that have significantly increased in India in recent years. The market for critical care ventilator services in the nation has expanded as a result of the increase in respiratory ailments. India’s critical care ventilator services market is predicted to increase at a compound annual growth rate (CAGR) of 4% by 2033, mainly due to the country’s rising respiratory disease incidence, per a report by data and analytics company GlobalData.

According to the report, respiratory disorders have a substantial impact on the healthcare system; in 2023, India accounted for roughly 21% of the critical care ventilator market in Asia-Pacific. The rise in respiratory illnesses like COPD in India has been attributed to a number of factors, including urbanization, industrial growth, and deteriorating air pollution, according to Kanchan Chauhan, Medical Devices Analyst at GlobalData. Furthermore, the Covid-19 pandemic highlighted the vital role ventilators play in treating patients with serious respiratory problems, underscoring the necessity of cutting-edge critical care tools and services.

An increase in critical care admissions, involving patients in need of intensive care and mechanical breathing, has also been attributed to India’s aging population and changing disease trends. Due to the increase in demand, hospitals all over the nation are being forced to make investments in critical care services and technology, such as ventilators, in order to keep up with the nation’s expanding healthcare needs.

Critical care ventilators are one example of how technology is driving a remarkable change in India’s healthcare sector. Proactively addressing the increasing incidence of respiratory illnesses is indicative of the country’s dedication to innovation, safety, and enhancing public health results. In order to improve patient outcomes and healthcare delivery, critical care ventilator demand is predicted to continue to be a major area of attention for the healthcare sector in India as it tackles the problems presented by respiratory ailments and aging populations.

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