Life Support Systems Market: Introduction
- Life support systems comprise medical equipment used to keep a patient alive in situations such as major organ failure including brain, heart, and kidney
- The organs and organ systems that often fail and require life support are:
- Breathing (respiratory system)
- Heart and blood pressure (cardiovascular system)
- Kidney (renal system)
- Intestines (gastrointestinal system)
- In case of failure of vital organ systems such as brain and spinal cord (central nervous system), life support focuses on keeping the other body systems functioning so that the nervous system has time to return to a state where it can again support the other body functions
Request Brochure for Report – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=78732
Key Drivers of Global Life Support Systems Market
- According to the World Health Organization (WHO), population aged 60 years and above is projected to rise from 900 million in 2015 to 2 billion in 2050. Increase in geriatric population leads to surge in incidence of age-related problems such as cardiovascular diseases and respiratory diseases. This is anticipated to boost the growth of the global life support systems market.
- Technological advancements in life support systems is expected to increase the adoption these devices in developed countries. This in turn is likely to fuel the growth of the global market in the next few years.
- Rise in prevalence of infectious diseases such as COVID-19 is projected to increase demand for life support systems such as ventilators in critical conditions. Most people who suffer from COVID-19 experience mild to moderate symptoms and recover without special treatment. However, in severe cases, the infection leads to multiple organ failure, acute & severe respiratory disorders, pneumonia, and even death.
- According to the World Health Organization (WHO), cardiovascular disease accounts for nearly 17.9 million deaths every year, which is estimated to be 31% of all global deaths. The rise in number of people suffering from cardiovascular diseases can be attributed to sedentary lifestyle along with smoking, tobacco & alcohol consumption, and unbalanced diet. Hence, rise in prevalence of cardiovascular diseases is projected to fuel the growth of the global market during the forecast period.
Request for Analysis of COVID19 Impact on Life Support Systems Market –
https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=78732
Restraints of Global Life Support Systems Market
- Several small-scale hospitals, clinics, and other medical centers do not invest in life support systems because of high cost associated with the equipment
- Not every patient can bear the high cost of life support systems. However, few patients opt for these systems, but eventually find it difficult to avail this service for long. Significantly high bills associated with the use of life support systems limit their adoption.
Pre book Market Report –
https://www.transparencymarketresearch.com/checkout.php?rep_id=78732<ype=S
Key Manufacturers Operating in Global Life Support Systems Market
Key manufacturers operating in the global market are:
- Koninklijke Philips N.V.
- Stryker
- Medtronic plc
- ResMed Corp.
- Vyaire Medical, Inc.
- Getinge AB
- ZOLL Medical Corporation
- LivaNova plc
- Fisher & Paykel Healthcare Limited.
- Hamilton Medical
- Smiths Medical
About Us
Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for several decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
Transparency Market Research,
90 State Street, Suite 700,
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
