India’s Ventilator Market Surges Amid COPD, Bronchial asthma Demand

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India

The rising prevalence of continual respiratory sicknesses like Persistent Obstructive Pulmonary Illness (COPD) and bronchial asthma is projected to drive a 4% compound annual progress charge (CAGR) in India’s essential care ventilator providers market by 2033.

The report by GlobalData, a knowledge and analytics firm reveals that India accounted for about 21 p.c of Asia-Pacific’s essential care ventilator market in 2023.

Rising Demand for Ventilators in India

Kanchan Chauhan, Medical Units Analyst at GlobalData famous that the arrival of the COVID-19 pandemic careworn the essential want for ventilators in treating sufferers with extreme respiratory points. Moreover, India is seeing a rise in essential care admissions with the rise in ageing inhabitants and evolving illness traits.

“Sufferers with extreme respiratory sicknesses usually require intensive care and mechanical air flow. This surge in demand has pushed up the necessity for essential care providers and gear, together with ventilators, in hospitals throughout the nation,” Chauhan mentioned.

“In conclusion, India’s healthcare sector is present process a outstanding evolution pushed by technological progress, notably evident in essential care ventilators. The nation’s proactive response to the rising prevalence of respiratory ailments and an ageing inhabitants underscores its dedication to innovation, security, and enhancing public well being outcomes,” Chauhan added.

Reference:

  1. India essential care ventilators market set for 4% CAGR progress by way of 2033, forecasts GlobalData – (https://www.globaldata.com/media/medical-devices/india-critical-care-ventilators-market-set-4-cagr-growth-2033-forecasts-globaldata)

Supply-IANS



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