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Major driving factors of Nitric Oxide Management Systems Market are rising pediatric cardiopulmonary bypass surgery coupled with increasing prevalence of neonatal pulmonary hypertension and acute respiratory distress syndrome. In addition, nitric oxide management systems characteristics such as compactness and user-friendly behavior that lead towards increased demand during the forecast period. Cost-effectiveness and easy fabrication of the auxiliary holding devices with the main ventilation unit makes nitric oxide management systems a promising option in the healthcare facilities. Moreover, inadequate reimbursement policy and supply constraint factors are expected to hamper the market growth during the forecast period.
The global market for nitric oxide management systems is segmented on basis of product type, end user and geography.
Based on Product Type, the global nitric oxide management systems market is segmented as:
- Portable Systems
- Fixed Systems
Segment by End User, the global nitric oxide management systems market is segmented as:
- Ambulatory Surgical Center
- Homecare Setting
Portable systems is expected to be the dominant segment in the nitric oxide management systems market due to its high adoption over other product types. Hospital and clinics segment is the major end-use segment in the nitric oxide management systems market owing to widespread utilization of system in the neonate and intensive care units. Homecare setting will also cover significant market share due to the rehabilitation of geriatric patients suffering from acute respiratory distress syndrome.
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Examples of some of the key players in the global Nitric Oxide Management Systems market are Bellerophon Therapeutics, BOC Healthcare, Dan Hammer Health Ltd., EKU Elektronik GmbH, GeNO LLC, International Biomedical, SLE, Mallinckrodt Pharmaceuticals, Praxair, Inc. and Vapothermand. Acquisition, mergers, strategic collaborations, and technology play vital roles in the growth of the global nitric oxide management systems market. The key players are also focused on design, development, and commercialization of next-generation nitric oxide management systems to address unmet medical needs of patients with cardiopulmonary conditions.
The report covers exhaustive analysis on:
- Nitric Oxide Management Systems Market Segments
- Nitric Oxide Management Systems Market Dynamics
- Historical Actual Market Size, 2013- 2016
- Nitric Oxide Management Systems Market Size & Forecast 2017 to 2025
- Nitric Oxide Management Systems Market Current Trends/Issues/Challenges
- Competition & Companies Involved
- Nitric Oxide Management Systems Market Drivers And Restraints
Regional analysis includes
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
- Shifting Industry dynamics
- In-depth market segmentation
- Historical, current and projected industry size Recent industry trends
- Key Competition landscape
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance
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