#Medical Suction Devices Market Share

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Breaking Down Growth Patterns: Trends in the Medical Suction Devices Market

Market Overview –

In 2021, the medical suction device market was estimated to be worth USD 0.92 billion. The industry for medical suction devices is expected to increase at a compound annual growth rate (CAGR) of 4.8% between 2023 and 2032, from USD 0.96 billion in 2022 to USD 1.80 billion by 2032.

The medical suction devices market is an essential segment of the healthcare industry, providing devices used to remove fluids, secretions, and debris from the body during surgical procedures, emergency care, and various medical treatments. These devices create a vacuum to suction fluids from the patient's airway, surgical site, or body cavities, helping maintain clear airways and facilitate effective medical interventions. The market encompasses a wide range of suction devices, including portable suction units, wall-mounted suction systems, and handheld suction devices, as well as disposable suction catheters and accessories.

The medical suction devices market is experiencing robust growth with the increasing demand for efficient airway clearance and surgical suction. Medical suction machines play a crucial role in various healthcare settings, including hospitals, clinics, and emergency care facilities. As healthcare providers prioritize patient safety and infection control, the demand for advanced, portable suction devices continues to escalate, driving market expansion and innovation.

One of the primary drivers of the medical suction devices market is the increasing demand for surgical procedures and emergency medical care, driven by factors such as population growth, aging demographics, and the rising prevalence of chronic diseases. Surgical procedures, including general surgery, orthopedic surgery, and obstetrics, often require suction devices to maintain a clear surgical field and ensure optimal visibility for the surgical team.

Moreover, advancements in medical technology and device design have led to the development of more efficient and user-friendly suction devices with features such as adjustable suction levels, battery-powered operation, and compact, lightweight designs. These innovations improve the ease of use, portability, and safety of suction devices, making them indispensable tools in various healthcare settings, including hospitals, ambulatory surgical centers, and emergency medical services.

The COVID-19 pandemic has highlighted the importance of medical suction devices in managing respiratory emergencies and aerosol-generating procedures, such as intubation and airway suctioning, in patients with COVID-19. The pandemic has led to increased demand for suction devices, particularly in critical care settings, prompting healthcare facilities to invest in additional devices and expand their suctioning capabilities to meet the needs of COVID-19 patients.

Despite challenges such as supply chain disruptions, regulatory requirements, and competition from alternative suctioning methods, the medical suction devices market is expected to grow as healthcare systems worldwide continue to invest in medical infrastructure and emergency preparedness. With ongoing innovation in device technology, materials, and suctioning techniques, the medical suction devices market holds promise for improving patient outcomes and enhancing the quality of care in diverse healthcare settings.

Segmentation –

The MRFR analysis is segmented into four key dynamics for the convenience of understanding;

By End-user: Hospital, Clinics, Ambulance, and Home Cares among others.

By Type: Portable Suction Unit, Mechanical Hand Pumps, Electrical operated pumps, Gas-powered venture suction units, and Fixed Suction Unit among others.

By Treatment: Pulmonary Hygiene, Intracranial Hemorrhage, Hyperbaric Chambers, and Erectile Dysfunction among others

By Regions: Geographical regions & Continents of the US and North       America, Europe, APAC and the Rest-of-the-World.

Regional Analysis –

Regional analysis of the medical suction devices market reveals varying trends influenced by factors such as healthcare infrastructure, prevalence of respiratory diseases, and regulatory environments. In developed regions like North America and Europe, where there is a higher prevalence of chronic respiratory conditions and well-established healthcare systems, the market for medical suction devices is mature, with a wide range of products available for both hospital and homecare settings. Conversely, in developing regions with limited access to medical facilities and resources, such as parts of Africa and Asia-Pacific, the market for suction devices is still developing, with a focus on affordability and portability.

Moreover, regulatory requirements and reimbursement policies impact market dynamics and product availability across different regions. As respiratory diseases continue to pose significant public health challenges globally, there is a growing opportunity for market expansion through education, awareness, and innovation to address regional disparities in access to medical suction devices and improve patient outcomes.

Key Players –

Medical Suction Device companies include Olympus Corporation (Japan), Atmos MedizinTechnik GmbH & Co.KG (Germany), Anand Medicaids Private Limited (India), Amsino International, Inc. (US), ZOLL Medical Corporation (US), Laerdal Medical (Norway), Medela AG (Switzerland), Medicop (Slovenia), Allied Healthcare Products, Inc. (US), Precision Medical, Inc. (US), Integra Biosciences AG (Switzerland), among others.

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Medical Suction Devices Market Positively Impacted By Outbreak Of COVID-19 And Created Long-Lasting Opportunities

The global medical suction devices market size is anticipated to reach USD 1.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to witness the highest CAGR of 4.6% from 2022 to 2030. This is due to a rise in the number of procedures, such as in vacuum-assisted deliveries, where suction devices are used. In addition, the decreasing price is making these devices affordable thereby advancing the penetration of these products.

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The outbreak of COVID-19 in the year 2020 has positively impacted the market growth owing to the increased demand for critical care capacity and to support hospitals in the fight against COVID-19. As these, medical suction devices are used to provide suction and fluid removal during respiratory treatment in ICU admitted COVID-19 patients. Thus, the pandemic impact on the market will be long-lasting and create potential opportunities for market players during the forecast period.

In addition, a paradigm shift of consumers from traditional health care to advance home health care solutions, along with growing demand for emergency care and a rise in the geriatric population will drive market growth for medical suction devices. For instance, as per the WHO, the global population aged 65 and above is expected to increase from 7% in 2000 to 16% in 2050. As the growing aging population is more susceptible to chronic respiratory conditions, thereby bolstering the market growth over the forecast period.

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The global demand for Intubation Tubes was valued at USD 2848.9 Million in 2022 and is expected to reach USD 4968.6 Million in 2030, growing at a CAGR of 7.20% between 2023.Intubation tubes, essential medical devices used primarily in emergency and surgical settings, are critical for maintaining an open airway and ensuring proper ventilation. These tubes are inserted into the trachea to facilitate breathing, particularly in patients under anesthesia or those unable to breathe on their own. The global intubation tubes market has witnessed significant growth over the past decade, driven by an increase in surgeries, a rise in respiratory diseases, and advancements in healthcare technology. This article explores the key trends, drivers, challenges, and future outlook of the intubation tubes market.

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Market Overview

The intubation tubes market is a vital segment of the broader medical devices industry. It encompasses various types of tubes, including orotracheal tubes, nasotracheal tubes, and subglottic suction tubes. These devices are used in diverse medical settings, such as hospitals, clinics, and ambulatory surgical centers. The market's growth is primarily fueled by the increasing incidence of chronic respiratory diseases, the aging population, and the rising number of surgeries worldwide.

According to market research, the global intubation tubes market was valued at approximately USD 2.4 billion in 2023 and is expected to reach around USD 3.5 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.4% during the forecast period. This growth is attributed to the rising demand for advanced airway management devices and the growing adoption of minimally invasive surgeries.

Key Market Drivers

1. Rising Prevalence of Respiratory Diseases: The global burden of respiratory diseases such as chronic obstructive pulmonary disease (COPD), asthma, and lung cancer has been increasing steadily. According to the World Health Organization (WHO), COPD is expected to become the third leading cause of death worldwide by 2030. This surge in respiratory diseases is driving the demand for intubation tubes, as these devices are essential for managing airway complications in affected patients.

2. Increasing Number of Surgeries: The growing number of surgeries, both elective and emergency, is a significant driver of the intubation tubes market. The demand for intubation tubes is particularly high in surgical procedures that require general anesthesia. Additionally, the rising incidence of traumatic injuries and the subsequent need for emergency surgeries further boost the market.

3. Technological Advancements: Technological advancements in intubation tubes, such as the development of tubes with enhanced flexibility, anti-microbial coatings, and subglottic suction capabilities, are propelling market growth. These innovations improve patient outcomes by reducing the risk of ventilator-associated pneumonia (VAP) and other complications associated with intubation.

Challenges in the Market

Despite the positive growth trajectory, the intubation tubes market faces several challenges. One of the primary challenges is the risk of complications associated with intubation procedures, such as airway injury, infection, and improper tube placement. These complications can lead to significant morbidity and mortality, particularly in critically ill patients.

Another challenge is the high cost of advanced intubation tubes, which can be prohibitive for healthcare facilities in low- and middle-income countries. Additionally, the lack of skilled healthcare professionals trained in intubation techniques, especially in developing regions, hinders the market's growth potential.

Regional Insights

Geographically, North America holds the largest share of the global intubation tubes market, driven by the high prevalence of respiratory diseases, a well-established healthcare infrastructure, and the presence of key market players. Europe follows closely, with a significant share attributed to the region's aging population and rising surgical procedures.

The Asia-Pacific region is expected to witness the highest growth during the forecast period, owing to the increasing healthcare expenditure, improving healthcare infrastructure, and rising awareness about advanced airway management techniques. Countries like China and India are emerging as key markets due to their large patient population and growing healthcare needs.

Future Outlook

The future of the intubation tubes market looks promising, with continuous advancements in technology and an increasing focus on patient safety. The development of next-generation intubation tubes with features like real-time monitoring and feedback, coupled with the integration of artificial intelligence (AI) in airway management, is expected to revolutionize the market.

Furthermore, the growing emphasis on minimally invasive procedures and the rising demand for outpatient surgeries are likely to drive the adoption of innovative intubation tubes. As healthcare systems worldwide continue to evolve, the intubation tubes market is poised for sustained growth, offering lucrative opportunities for market players.

Key Players

Teleflex Corporation

Medtronic

Medline Industries

Venner Medical

Sonoma Pharmaceutical

Hospiteknik Healthcare

Armstrong Medical

Airway Innovations

Smiths Group

ConvaTec, Inc.

Segmentation

By Type of Tubes:

Endotracheal Tubes

Tracheostomy Tubes

By Material Type:

Polyvinyl Chloride (PVC) Tubes

Silicone Tubes

Other Material Tubes

By Size:

Adult Intubation Tubes

Pediatric Intubation Tubes

Neonatal Intubation Tubes

By Design:

Cuffed Tubes

Uncuffed Tubes

By Application:

Anesthesia

Critical Care

Emergency Medicine

Surgery

Others

By End-User:

Hospitals and Clinics

Ambulatory Surgical Centers

Emergency Medical Services

Others

By Region

North America

Canada

Mexico

Europe

Germany

France

UK.

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of Middle East and Africa

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Digital Thoracic Drainage Devices Market Share, Size And Forecast 2024-2033 | Global Insight Services

Digital Thoracic Drainage Devices, also known as Digital Chest Drainage Systems, are medical devices used in the treatment and management of pleural effusions, empyema, and pneumothorax. They are used in the collection, measurement, and evacuation of fluid from the chest cavity.

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Digital Thoracic Drainage Devices are typically composed of a drainage tube, a suction device, a drainage bag, and a drainage chamber. The drainage tube is inserted into the chest cavity and connected to the suction device, which is used to create a vacuum. The vacuum draws the fluid out of the chest cavity and into the drainage bag, where the fluid is contained and measured. The drainage chamber is then used to evacuate the fluid from the drainage bag.

Digital Thoracic Drainage Devices are generally easy to use and are safe for patients. They are also highly accurate in measuring the amount of fluid that is collected and evacuated from the chest cavity. This allows for better monitoring of the patient’s condition and facilitates quick and effective treatment.

Digital Thoracic Drainage Devices are typically used in conjunction with other treatments, such as antibiotics and chest physiotherapy. These devices also reduce the risk of infection and the need for repeated chest X-rays, as they allow for the monitoring of the patient’s condition without the need for additional imaging.

Digital Thoracic Drainage Devices are a valuable tool in the treatment and management of pleural effusions, empyema, and pneumothorax. They are a safe and accurate way to monitor and manage the patient’s condition, and they facilitate quick and effective treatment.

Key Trends

Digital thoracic drainage devices, also known as chest drainage systems, are medical devices used to drain fluid or air from the pleural cavity in the chest. These devices are used to treat a variety of respiratory conditions, such as pneumothorax, hemothorax, and pleural effusions. In recent years, there has been an increase in the development and use of digital thoracic drainage devices. This is due to the numerous benefits they offer, including improved patient outcomes, greater accuracy, and increased safety.

The first trend in digital thoracic drainage devices technology is the development of digital chest tubes. Digital chest tubes are designed to be more accurate and safer than traditional chest tubes. They feature sensors that can detect the presence of air or fluid in the pleural cavity, allowing for more precise drainage. Digital chest tubes are also designed to be more comfortable for patients, with features such as adjustable suction levels and patient-controlled flow settings.

The second trend is the development of smart chest drainage systems. Smart chest drainage systems are designed to provide real-time data and feedback on patient conditions. These systems can monitor a patient’s vital signs, such as heart rate and oxygen saturation, and alert medical staff of any changes. Smart chest drainage systems can also be integrated with other medical devices, such as ventilators, to provide a more comprehensive picture of a patient’s condition.

The third trend is the development of mobile chest drainage systems. Mobile chest drainage systems are designed to be used in a variety of settings, such as at the bedside, in the operating room, or in an ambulance.

Key Drivers

Digital Thoracic Drainage Devices are medical devices used to remove fluid from the lungs for diagnosis and treatment of various respiratory diseases. The global digital thoracic drainage devices market is estimated to grow at a CAGR of 6.6% in terms of value from 2020 to 2027.

The key drivers for the growth of the digital thoracic drainage devices market are the growing prevalence of respiratory diseases, increasing technological advancements in medical devices, rising geriatric population, and increasing awareness about the benefits of digital thoracic drainage devices.

1. Growing Prevalence of Respiratory Diseases: Respiratory diseases such as COPD, asthma, and lung cancer are on the rise. According to the World Health Organization, in 2020, an estimated 64 million people died due to respiratory diseases. This is expected to increase further in the coming years. Digital thoracic drainage devices are used to diagnose and treat these respiratory diseases, thus driving the demand for these devices.

2. Technological Advancements in Medical Devices: The medical device industry is rapidly evolving with the advent of new technologies. Digital thoracic drainage devices are being developed with advanced features such as wireless connectivity, remote monitoring, and automatic drainage. These features are expected to drive the demand for digital thoracic drainage devices.

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Restraints & Challenges

Digital Thoracic Drainage Devices are medical devices used to remove fluid, pus, or other material from the lungs. Although these devices offer a number of advantages over traditional methods, they also face several key restraints and challenges.

One of the main challenges in the Digital Thoracic Drainage Devices market is the lack of standardization. Currently, there are a number of different devices available, with varying features, sizes, and capabilities. This makes it difficult for healthcare providers to select the most appropriate device for a particular patient. Moreover, as technology advances, new and improved devices are being developed, making it difficult for healthcare providers to keep up with the latest developments.

Market Segments

The global  Digital Thoracic Drainage Devices Market is segmented by product type, application, end user , and region. By product type, the market is divided into digital chest drainage systems, digital pleural drainage systems, digital thoracic drainage kits. Based on application, it is bifurcated into pneumothorax, pleural effusion, empyema, cardiac surgery, trauma and orthopedic surgery. On the basis of end user , the market is classified into hospitals, ambulatory surgical centers, specialty clinics. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The global  Digital Thoracic Drainage Devices Market report includes players like Medtronic (US) , Teleflex (US) , Becton, Dickinson and Company (US), Cook Medical (US) , LivaNova (US) , Schatz (US), Cardinal Health (US), Medela AG (Switzerland), Acist Medical Systems (Germany) , PneumaCare Ltd. (UK)

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Research Scope

Scope – Highlights, Trends, Insights. Attractiveness, Forecast

Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others

Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain

Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments

Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis

Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.

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Global Top 15 Companies Accounted for 58% of total Boiler Feedwater Pump market (QYResearch, 2021)

A boiler feedwater pump is a specific type of pump used to pump feedwater into a steam boiler. The water may be freshly supplied or returning condensate produced as a result of the condensation of the steam produced by the boiler. These pumps are normally high pressure units that take suction from a condensate return system and can be of the centrifugal pump type or positive displacement type.

According to the new market research report “Global Boiler Feedwater Pump Market Report 2023-2029”, published by QYResearch, the global Boiler Feedwater Pump market size is projected to reach USD 0.88 billion by 2029, at a CAGR of 4.6% during the forecast period.

Figure.   Global Boiler Feedwater Pump Market Size (US$ Million), 2018-2029

Figure.   Global Boiler Feedwater Pump Top 15 Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)

The global key manufacturers of Boiler Feedwater Pump include KSB, Grundfos, Flowserve Corporation, Ebara Corporation, TORISHIMA, Sulzer, DESMI, MTH Pumps, SanChang Pump, Speck, etc. In 2021, the global top 10 players had a share approximately 58.0% in terms of revenue.

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

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Cellulite Treatment Market: Advanced Procedures Supplement Growth

In recent years, the demand for cellulite treatments has skyrocketed, and one of the key driving factors is the alarming rise in obesity rates globally. According to WHO, obesity has nearly tripled since 1975, with over 650 million adults classified as obese. As obesity rates continue to climb, individuals are seeking effective solutions to tackle the unwanted dimples and uneven skin texture caused by cellulite. This further widens the scope of the global cellulite treatment market, which as per Triton’s estimates, is set to grow at a CAGR of 9.48% during the forecast period 2023-2030.

Another notable trend is the rise in medical tourism, which has influenced the demand for affordable and advanced cellulite reduction procedures across various destinations. By leveraging medical tourism, players are able to tap into distinct clientele by offering competitive costs, advanced therapies, and skilled professionals.

In this blog, we explore the widely preferred cellulite treatments, along with the initiatives by market contenders.

Combating Cellulite: Revolutionary Treatments Facilitate Reduction

Cellulite is caused by various issues, including hormones, lymphatic drainage, medical conditions, pregnancy, and aging. Although completely removing cellulite might not be possible, several targeted methods and lifestyle changes may help reduce its appearance. Some of the key procedure types include:

Non-invasive procedure type captures the highest share of the cellulite treatment market. Factors like a short hospital stay, quick recovery time, painless procedure, and lower cost significantly elevate the preference for non-invasive therapies. Some widely opted non-invasive methods include radiofrequency, suction massage, cryolipolysis, and high-frequency focused ultrasound. For instance, cryolipolysis freezes and eliminates fat cells, which the body later removes naturally. Whereas treatments like radiofrequency and ultrasound heat skin and stimulate collagen production, which reduces cellulite. Our analysis shows North America dominated the market with revenue worth $811.68 million in 2022. The rising demand for advanced procedures, disposable income, and technological innovation primarily drives the treatment scope in North America. As per industry sources, in 2020, about 357,938 non-invasive procedures were performed in the US. This further led to various initiatives by key players. For instance, in 2021, Soliton launched RESONIC, a rapid acoustic pulse device, to non-invasively improve cellulite appearance. These factors thus boost the North America cellulite treatment market, directed by the US.

Minimally invasive procedures are gaining immense traction, expected to witness the fastest growth at a CAGR of 9.56% during the forecast period 2023-2030. As the name suggests, this treatment option limits the size of incisions, significantly reducing wound healing time and associated pain. In this regard, subcision is a minimally invasive remedy using a tiny blade to cut the connective tissue holding fat. Further, laser therapy includes inserting tiny laser fibers beneath the skin. The growing focus on streamlined, cost-effective procedures has supplemented the category’s growth, prompting various strategic launches in recent years. Key examples include:

-   In May 2022, Revelle Aesthetics unveiled Aveli, a minimally invasive device to temporarily reduce cellulite appearance on the buttocks and thigh in a single session.

-   AirSulpt Technologies Inc, in August 2022, introduced AirSculpt Smooth, which facilitates the complete removal of stubborn cellulite dimples.

Topical procedures such as vacuum suction have gained significant prominence, mainly to increase blood flow and lower fat buildup. This treatment method includes using various creams containing ingredients such as caffeine, theophylline, and others. Besides this, some creams include minerals and vitamins to treat soft cellulite type. Presently, soft cellulite captures the majority share in the cellulite type segment. The growing demand for topical therapies due to ease of application and availability of a range of products drives the category’s growth.

Cosmetic Appearance: An Expanding Facet

While medical tourism and obesity are key driving aspects, beauty consciousness also widens the scope of the cellulite treatment market. With the rise of social media, consumer focus on their appearance has soared over the past decade. This has soared the number of cosmetic procedures, including cellulite reduction treatments. For instance, in Japan, approximately 174,5621 cosmetic therapies were performed in 2021. The rising medical tourism for aesthetic treatments across India, China, Japan, and South Korea, contributes heavily to the studied market’s expansion.

Additionally, given the rise in beauty consciousness, several beauty clinics are capitalizing on innovative solutions to boost client satisfaction and revenue. For example, Cynosure Inc’s TempSure RF platform delivers monopolar radiofrequency energy via unique massage heads to reduce cellulite appearance. Hence, focus on aesthetic appearance and technological advancements creates novel opportunities for the cellulite treatment market.

 

FAQs:

Q1) Which are the major types in the cellulite treatment market?

Hard, soft, and edematous are major types in the cellulite treatment market.

Q2) What is the size of the cellulite treatment market?

In 2022, the cellulite treatment market garnered $2225.93 million. It is expected to attain revenue worth $4568.36 million by 2030.

[bhushans]

Meeting the Needs of a Growing Population: The Evolving Global Cardiac Assist Devices Market

The global cardiac assist device market is expected to rise significantly, reaching US$2.48 billion by 2033. With a consistent growth rate of 6.1% throughout the course of the projection period, the market is expected to attain a considerable growth trajectory and reach US$1.37 billion by 2023.

In an attempt to innovate in the cardiac assist device market, major players in the industry have increased their R&D spending. Less invasive implantation procedures are made possible by small centrifugal pumps, further enhancing patient comfort and reducing surgical risks. The producers’ efforts are concentrated on this.

The market for cardiac assist devices is not without challenges, despite its bright future. High costs and associated risks may limit market growth, especially when it comes to ventricular assist devices. The cost of these devices may be prohibitive for patients in developing countries, which would limit their adoption and accessibility. Medical practitioners recommend ventricular assist devices, but they also alert patients to potential risks such infections, suction events, and pump thrombus.

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It will take continual research and development to improve device safety and reduce complications in order to address these issues. The industry for cardiac assist devices is anticipated to keep growing. Technological developments together with rising knowledge and use of less intrusive remedies should propel market expansion. The creation of individualized and customized equipment suited to each patient’s requirements enhances results and patient satisfaction.

Key Takeaways:

The cardiac assist devices industry is anticipated to expand at a rate of 6.4% from 2023 to 2033 in the United Kingdom.

In 2022, the market for cardiac assist devices in Germany held an 11.2% share globally.

Ventricular assist devices are likely to dominate the market by drug class, accounting for around 62.49% share in 2022.

The hospital pharmacies sub-segment, in terms of end-user, is predicted to maintain a value share of 79.8% in 2022.

The cardiac assist devices industry in India is forecasted to advance at a CAGR of 5.1% during the forecast period.

How is the Competitive Landscape in the Cardiac Assist Devices Industry Structured?

As per FMI’s analysis, continuous innovation and gradation in cardiac assist devices have led to intense competition among top market players.

Key players are focusing on new product launches and gaining approvals from regulatory bodies to stay in the competition. Nearly 75% of the global market share is accounted for by the top 7 players operating in the cardiac assist devices market.

Organizations are also adopting winning strategies such as collaborations and mergers among key players. These strategies are also adopted by regional players to gain a leading position in the industry.

Key Players Operating in the Market

Terumo Corporation

Medtronic PLC

Abbott Laboratories

Abiomed Inc.

Teleflex Incorporated

Maquet GmbH

BerlinHeart GmbH

Others

Developments in the Market:

In June 2021, Abbott Laboratories announced that the company can support the expanded use of a mechanical circulatory support device, HEARTMATE 3™ Heart Pump, for the effective treatment of heart failure.

In February 2021, CARMAT, the leading designer and developer of the world’s most advanced artificial heart, received approval from the United States of America Food and Drugs Administration (FDA) to use the new version of its artificial heart in the US Early Feasibility Study (EFS).

Market by Category:

By Product Type:

Ventricular Assist Devices (VAD)

Left Ventricular Assist Device (LVAD)

Right Ventricular Assist Device (RVAD)

Biventricular Assist Device (BIVAD)

External Ventricular Assist Devices

Intra-Aortic Balloon Pump

By Modality Type:

Transcutaneous

Implantable

By End User:

Hospital

Ambulatory Surgical Centers

By Region:

North America

Latin America

Western Europe

Eastern Europe

Asia Pacific Excluding Japan (APEJ)

Japan

The Middle East & Africa (MEA)

[credenceresearchdotblog]

The market for ENT devices market has been expanding steadily in recent years, and between 2023 and 2030, it is anticipated to rise at a CAGR of 5.80%. The market was estimated to be worth USD 16485.8 million in 2022, and it is anticipated to be worth USD 25881.85 million in 2030.The ENT devices market includes a diverse array of products such as endoscopes, hearing aids, and surgical instruments. The market can be segmented into several categories: diagnostic devices, surgical devices, and hearing aids. Diagnostic devices include endoscopes and audiometers used to visualize and assess conditions within the ear, nose, and throat. Surgical devices cover instruments and equipment used in ENT surgeries, while hearing aids address hearing loss and auditory impairments.

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Driving Factors

1. Rising Incidence of ENT Disorders: The prevalence of ENT disorders such as sinusitis, otitis media, and hearing loss is on the rise, driven by factors like pollution, lifestyle changes, and an aging population. Chronic conditions such as allergic rhinitis and obstructive sleep apnea also contribute to the growing demand for ENT devices.

2. Technological Advancements: Innovations in medical technology are significantly enhancing the capabilities of ENT devices. Advanced endoscopic systems, including those with high-definition imaging and flexible scopes, allow for more accurate diagnoses and minimally invasive procedures. Hearing aids have also seen improvements, with the development of digital hearing aids and implants that provide better sound quality and comfort.

3. Growing Healthcare Expenditure: Increased healthcare spending, particularly in emerging markets, is expanding access to ENT diagnostics and treatments. Governments and private organizations are investing in healthcare infrastructure, leading to higher adoption rates of advanced ENT devices.

4. Aging Population: The global aging population is more susceptible to ENT conditions, such as age-related hearing loss and chronic sinusitis. This demographic shift is driving the demand for ENT devices and services tailored to older adults.

Key Market Segments

1. Diagnostic Devices: This segment includes tools like endoscopes, audiometers, and imaging systems. Endoscopes, both rigid and flexible, are used for detailed examination of the nasal passages, throat, and ear. Audiometers are crucial for diagnosing hearing impairments. The advancement of imaging technologies, such as digital otoscopy, has enhanced diagnostic accuracy.

2. Surgical Devices: Surgical tools and equipment, such as laser systems, microscopes, and suction devices, are essential for performing ENT surgeries. Innovations in minimally invasive techniques and robotic-assisted surgeries are improving patient outcomes and recovery times.

3. Hearing Aids: The hearing aids segment includes various devices, from traditional analog hearing aids to modern digital and implantable devices. Technological improvements have led to the development of devices with better noise reduction, wireless connectivity, and customizable settings.

Regional Insights

The ENT devices market is geographically diverse, with North America and Europe being major regions due to their advanced healthcare infrastructure and high adoption rates of new technologies. The United States and Germany are leading contributors in these regions.

Emerging markets in Asia-Pacific and Latin America are experiencing rapid growth, driven by increasing healthcare investments and rising awareness about ENT disorders. Countries like China and India are seeing significant expansion in healthcare facilities and access to ENT diagnostics and treatments.

Challenges

Despite the positive growth trends, the ENT devices market faces several challenges. High costs associated with advanced technologies can limit access in low-income regions. Additionally, the need for skilled professionals to operate complex ENT devices can be a barrier in underdeveloped areas. Regulatory hurdles and stringent approval processes for new devices also pose challenges for manufacturers.

Future Outlook

The future of the ENT devices market looks promising, with continued advancements in technology and increasing healthcare investments. The integration of artificial intelligence and telemedicine is expected to further enhance diagnostic accuracy and patient care. Additionally, the growing focus on preventive care and early diagnosis will drive demand for innovative ENT solutions.

Key Players

Demant A/S

Sonova

GN Store Nord A/S

Ambu A/S

Pentax Medical

Karl Storz

Olympus Corporation

Richard Wolf GmbH

Cochlear Ltd.

Starkey Laboratories, Inc.

Rion Co., Ltd.

Stryker

Smith & Nephew

Others

Segmentation

By Device Type

Hearing Aids

Cochlear Implants

Tympanostomy Tubes

Nasal Splints

Endoscopes

Laryngoscopes

Rhinoplasty Devices

Otoscopes

Nasal Packing Devices

Voice Prosthesis Devices

By End User

Hospitals

Ambulatory Surgical Centers

Clinics

Home Healthcare

Others

By Application

Hearing Disorders

Ear, Nose, and Throat Surgeries

Respiratory Disorders

Sleep Apnea

Voice and Speech Disorders

Dental and Oral Disorders

Infections and Inflammations

Others

By Age Group

Pediatric

Adult

By Technology

Traditional Devices

Advanced Technology Devices

Implantable Devices

Wearable Devices

By Region

North America

US.

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of the Middle East and Africa

Browse the full report at https://www.credenceresearch.com/report/ent-devices-market

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Contact:

Credence Research

Please contact us at +91 6232 49 3207

Email: sales@credenceresearch.com

Website: www.credenceresearch.com

[businessindustry]

Suction Cannula Market Demand, Supply and Excellent CAGR 2024 - 2032

The Reports and Insights, a leading market research company, has recently releases report titled “Suction Cannula Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Suction Cannula Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Suction Cannula Market?

The global suction cannula markеt size reached US$ 182.2 million in 2023. Looking forward, Reports and Insights expects the market to reach US$ 304.6 million in 2032, exhibiting a growth rate (CAGR) of 7.2% during 2024-2032.

What are Suction Cannula?                                                                                                                                                                            

A suction cannula is a medical tool utilized in a variety of medical procedures, especially in surgery and wound care, to extract fluids, tissues, or gases from the body. It comprises a slender, hollow tube with a tapered end and multiple side openings, connected to a suction device. The tapered end is inserted into the body through a small incision or wound, and the suction device generates a vacuum that draws out the desired material. Suction cannulas come in various sizes and shapes to accommodate different purposes, including liposuction, thoracic drainage, and wound cleaning.

Request for a sample copy with detail analysis: https://www.reportsandinsights.com/sample-request/1527

What are the growth prospects and trends in the Suction Cannula industry?

The suction cannula market growth is driven by various factors. The market for suction cannulas is steadily growing, propelled by the rising incidence of surgical interventions and the increasing preference for minimally invasive procedures. These cannulas are crucial instruments used across various medical specialties, such as cosmetic surgery, general surgery, and wound care, for efficient removal of fluids and tissues. Market growth is further driven by advancements in cannula design, the expanding elderly population, and the improving healthcare infrastructure in developing nations. Moreover, the surging popularity of liposuction treatments and the preference for disposable suction cannulas are also driving market expansion. Hence, all these factors contribute to suction cannula market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

North America

United States

Canada

Europe

Germany

United Kingdom

France

Italy

Spain

Russia

Poland

Benelux

Nordic

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

ASEAN

Australia New Zealand

Rest of Asia Pacific

Latin America

Brazil

Mexico

Argentina

Middle East Africa

Saudi Arabia

South Africa

United Arab Emirates

Israel

Rest of MEA

Who are the key players operating in the industry?

The report covers the major market players including:

Aesculap

Aesthetic Group

Akzenta

Chongqing Jinshan Science Technology

ConMed

Dispo medical

BBraun

Egemen International

Embalmers Supply Company

Endomedium

Forca Healthcare

Hager & Werken

Locamed

Mediplast

Moria Surgical

RUDOLF Medical

Purple Surgical

View Full Report: https://www.reportsandinsights.com/report/Suction Cannula-market

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

Reports and Insights consistently mееt international benchmarks in the market research industry and maintain a kееn focus on providing only the highest quality of reports and analysis outlooks across markets, industries, domains, sectors, and verticals. We have bееn catering to varying market nееds and do not compromise on quality and research efforts in our objective to deliver only the very best to our clients globally.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact Us:

Reports and Insights Business Research Pvt. Ltd. 1820 Avenue M, Brooklyn, NY, 11230, United States Contact No: +1-(347)-748-1518 Email: sales@reportsandinsights.com Website: https://www.reportsandinsights.com/ Follow us on LinkedIn: https://www.linkedin.com/company/report-and-insights/ Follow us on twitter: https://twitter.com/ReportsandInsi1

[tamanna31]

New Trends of Hyaluronic Acid-based Dermal Fillers Market with Industry Analysis by 2024 – 2030

Hyaluronic Acid-based Dermal Fillers Industry Overview

The global hyaluronic acid-based dermal fillers market is estimated at USD 4.08 billion in 2023 and is projected to grow at a CAGR of 10.5% from 2024 to 2030.

The primary factors driving the market growth are the growing demand for non-invasive aesthetic treatment procedures and increasing awareness regarding the application of HA in the beauty segment. In addition, the increased investment in R&D for novel advanced innovations in dermal products is propelling the market's growth.

Gather more insights about the market drivers, restrains and growth of the Hyaluronic Acid-based Dermal Fillers Market

The increasing aging population globally is driving the market growth. Major economies are undergoing a demographic shift as more individuals enter the older age brackets, and demand for cosmetic solutions is growing to combat the visible signs of aging and maintain a youthful appearance. This led to a significant surge in demand for injectable that effectively reduce wrinkles, fine lines, and other age-related concerns. According to Australia's 2023 Intergenerational Report, by 2050, the country's population aged 65 to 84 years is projected to more than double, and the population of those aged 85 years & over is expected to quadruple. This demographic shift is increasing the number of specialized clinics that cater to the needs of the elderly.

Browse through Grand View Research's Medical Devices Industry Research Reports.

The global pediatric ENT market size was estimated at USD 7.19 billion in 2023 and is projected to grow at a CAGR of 5.02% from 2024 to 2030. 

The global dental suction systems market size was valued at USD 515.8 million in 2023 and is projected to grow at a CAGR of 4.7% from 2024 to 2030.

Key Hyaluronic Acid-based Dermal Fillers Company Insights

The market is fragmented & highly competitive. To key market players are focusing on regional expansion & new product development. For Instance, A. Menarini plans to introduce a line of HA-based fillers with Lidocaine in October 2021. The line of products would be produced using Menarini's proprietary or exclusive XTR new tech, enabling fillers having distinct rheological characteristics for supporting variety of clinical indications for rejuvenation & facial volume restoration.

Key Hyaluronic Acid-based Dermal Fillers Companies:

The following are the leading companies in the hyaluronic acid-based dermal fillers market. These companies collectively hold the largest market share and dictate industry trends.

Allergan; Galderma Laboratories

L.P.; Merz Pharmaceuticals

Genzyme Corporation

Anika Therapeutics Inc.

LG Life Sciences

LTD (LG Chem)

Bio plus Co. Ltd.

Sculpt Luxury

Dermal Fillers Ltd.

Bioxis Pharmaceutical

Sinclair Pharma; Laboratories

Vivacy; Bohus Biotech AB

Recent Developments

In August 2022, AbbVie received FDA approval for JUVÉDERM VOLUX XC, as a hyaluronic acid based filler to improve jawline definition. It is the first product to receive this certification

In June 2022, Prollenium Medical Technologies acquired SoftFil for an undisclosed amount. SoftFil is a France-based aesthetic medicine company

In April 2022, Sinclair Company introduced Perfectha Lidocaine, a hyaluronic acid-based dermal filler for wrinkle removal, facial contouring, and facial volume restoration

In December 2018, Galderma announced a marketing collaboration with SENTE, a privately held aesthetics company and producer of science-based skin care products. Through this collaboration, the company will offer SENTE’s professional skincare products to patients

Order a free sample PDF of the Hyaluronic Acid-based Dermal Fillers Market Study, published by Grand View Research.

[imarcmarketreport]

Durable Medical Equipment (DME) Market Share, Trends, Report 2024-2032

IMARC Group's report titled "Durable Medical Equipment (DME) Market Report by Product (Personal Mobility Devices, Bathroom Safety Devices and Medical Furniture, Monitoring and Therapeutic Devices), End Use (Hospital, Nursing Homes, Home Healthcare, and Others), and Region 2024-2032", offers a comprehensive analysis of the industry, which comprises insights on the global embedded software market share. The global durable medical equipment (DME) market size reached US$ 217.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 356.2 Billion by 2032, exhibiting a growth rate (CAGR) of 5.5% during 2024-2032.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/durable-medical-equipment-market/requestsample

Factors Affecting the Growth of the Durable Medical Equipment (DME) Industry:

Prevalence of Chronic Diseases:

Chronic diseases, such as diabetes, cardiovascular diseases, chronic obstructive pulmonary disease (COPD), and arthritis, require continuous monitoring and management. Patients often need devices like glucometers, blood pressure monitors, pulse oximeters, and respiratory equipment to monitor their condition and manage symptoms at home. Many chronic diseases, especially those affecting the musculoskeletal system or causing mobility impairment, necessitate the use of supportive devices for mobility and independence. This includes wheelchairs, walkers, canes, and mobility scooters, which enable individuals with conditions like arthritis or multiple sclerosis to maintain mobility and perform daily activities.

Technological Advancements:

Innovations in technology enable the development of innovative DME products with enhanced features, improved functionality, and greater patient comfort. The integration of sensors, wireless connectivity, and smart algorithms in devices, such as insulin pumps, continuous glucose monitoring (CGM) systems, and wearable health monitors, improves their accuracy, usability, and effectiveness in managing chronic conditions. Technological advancements are leading to the miniaturization and portability of DME devices, making them more convenient and accessible for patients.

Shift towards Home Healthcare:

Many patients prefer receiving healthcare services in the comfort and familiar environment of their own homes. The shift towards home healthcare allows individuals to avoid the inconvenience, discomfort, and potential exposure to infections associated with hospital or clinic visits, driving the demand for DME products that support home-based care. Home healthcare is often more cost-effective as compared to institutional care, as it reduces healthcare expenditures associated with hospital stays, outpatient visits, and long-term care facilities. DME products enable patients to receive necessary medical treatment, monitoring, and rehabilitation services at home, leading to cost savings for healthcare systems, payers, and patients.

Leading Companies Operating in the Global Durable Medical Equipment (DME) Industry:

ArjoHuntleigh

Becton

Dickinson and Company

General Electric Company

GF Health Products Inc.

Hill-Rom Services Inc.

Invacare Corporation

Koninklijke Philips NV

Medical Device Depot Inc.

Medline Industries Inc.

Medtronic PLC

Omron Corporation

Siemens Healthineers AG (Siemens AG)

Stryker Corporation.

Durable Medical Equipment (DME) Market Report Segmentation:

By Product:

Personal Mobility Devices

Wheelchairs

Scooters

Walker and Rollators

Cranes and Crutches

Door Openers

Others

Bathroom Safety Devices and Medical Furniture

Commodes and Toilets

Mattress and Bedding Devices

Monitoring and Therapeutic Devices

Blood Sugar Monitors

Continuous Passive Motion (CPM)

Infusion Pumps

Nebulizers

Oxygen Equipment

Continuous Positive Airway Pressure (CPAP)

Suction Pumps

Traction Equipment

Others

Personal mobility devices represent the largest segment due to the increasing elderly population and the growing demand for mobility aids, such as wheelchairs, scooters, and walkers, to maintain independence and improve quality of life.

By End Use:

Hospital

Nursing Homes

Home Healthcare

Others

Hospitals account for the majority of the market share owing to their role as primary healthcare providers, requiring a wide range of DME equipment for patient care, rehabilitation, and medical procedures.

Regional Insights:

North America (United States, Canada)

Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

Latin America (Brazil, Mexico, Others)

Middle East and Africa

North America enjoys the leading position in the durable medical equipment (DME) market on account of a well-established healthcare infrastructure, high healthcare expenditure, favorable reimbursement policies, and a large aging population with chronic health conditions.

Global Durable Medical Equipment (DME) Market Trends:

The adoption of telemedicine and remote monitoring solutions is rising, driving the demand for DME products with remote monitoring capabilities, such as wearable health trackers, telehealth platforms, and home monitoring kits. There is a growing demand for personalized and customized DME solutions tailored as per individual patient needs, preferences, and medical conditions, driving innovations in product design, manufacturing, and service delivery.

Emerging markets are experiencing rapid economic growth, urbanization, and investments in healthcare infrastructure, presenting significant growth opportunities for DME manufacturers and suppliers to expand their presence in these regions.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

[market-insider]

Suction Catheters Market Forecast: A Holistic Approach to Market Trends

The global suction catheters market size is expected to reach USD 844.1 million by 2030, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.2% from 2022 to 2030. Suction catheters help in clearing the respiratory tract of ventilator-dependent patients or patients suffering from respiratory disorders. The rise in the number of people suffering from chronic respiratory illness is proliferating the demand for suction catheters. For instance, as per the Irish Thoracic Society, in 2016, there were 643,580 inpatient hospitalizations in Ireland. Out of which, 32% of inpatients were older than 65 years and over. Respiratory diseases accounted for 19.1% of inpatient hospitalizations in Ireland.

Suction Catheters Market Report Highlights

Based on type, the closed suction catheter segment dominated the market in terms of revenue share in 2021. Further, the closed suction catheter segment is expected to witness the fastest growth rate of 8.8% over the forecast period, owing to a rise in cases of cross-contamination

Based on material, the latex-free segment dominated the market with a share of 69.7% in 2021, owing to the increased use of silicon-based catheters by healthcare professionals. Further, the latex-free segment is expected to grow at the fastest CAGR of over 8.8% during the forecast period

Based on end use, the hospital segment held the majority of the market share in terms of revenue in 2021. On the other hand, the ambulatory care centers segment is expected to witness the fastest growth of 10.9% during the forecast period

In 2021, North America dominated the market with a share of around 45% owing to the rising prevalence of various types of chronic diseases and the growing demand for respiratory devices. The Asia Pacific suction catheters market is expected to expand at the fastest rate of 8.6% during the forecast period. The growth can be attributed to the rise in the aging population and the increasing prevalence of chronic diseases

For More Details or Sample Copy please visit link @: Suction Catheters Market Report

The Covid-19 pandemic has highlighted the importance of respiratory medical devices owing to the rise in the number of ventilator-supported patients during the pandemic. In addition, factors such as rising cases of chronic diseases, and an increase in pollution levels are also contributing to heightened demand for suction catheters. In March 2020, U.S. Food and Drug Administration (FDA), granted emergency approval for Vesper, a device developed by Prisma Health that supports patients on ventilators.

In addition, during the pandemic, several governments across the globe and healthcare companies were improving medical treatment to treat patients suffering from Covid-19 patients. This in turn increased the use of catheters in emergency clinics and hospitals during the pandemic thereby positively impacting the demand for suction catheters. The rise in investments by the government and players to improve the healthcare industry is also boosting the demand for suction catheters. For instance, as per UK Government, close to 10,000 ventilators were added to the stock. Additionally, Rolls Royce, Ford, and Honda in the UK started manufacturing ventilators to cope with the increasing demand due to the COVID-19 outbreak.