Criticare - A special feature on Anaesthesiology

MAQUET Critical Care receives market leadership award

EHM News Bureau - Mumbai

Frost & Sullivan's recent analysis, Strategic Analysis of World Mechanical Ventilators Market, selected MAQUET Critical Care as the recipient of the 2005 Market Leadership Award in the global ventilators market. Having overcome many hurdles, MAQUET has firmly risen to the position of leadership in its industry and continues to invest on numerous parameters relevant to its customers.

Every year, Frost & Sullivan presents the award to the company that has exhibited market share leadership through the implementation of market engineering strategy.

The recipient has displayed excellence in all areas of the market leadership process, including the identification of market challenges, drivers and restraints, as well as strategy development and methods of addressing these market dynamics.

Furthermore, the award recipient has continually demonstrated solutions for monitoring market changes and for implementing superior market engineering strategies. By utilising these strategies for success, the company has established itself as the market share leader in its respective industry.

This award is based on the recently concluded Frost & Sullivan publication Strategic Analysis of World Mechanical Ventilator Market. Specific criteria were used to ascertain final competitor ranking in this industry. MAQUET Critical Care has excelled by sustaining a leading market share and profitability that is above industry average. This achievement after the integration of the ventilator business into GETINGE AB's growing MAQUET Medical Systems organisation highlighted their commitment to launch new products and software enhancements throughout 2003 and into the future.

While the global ventilator market is a highly fragmented industry with more than 80 manufacturers, four major companies corner almost 80 per cent of this market and among them, MAQUET is the clear leader. MAQUET has edged out the competition with close to one hundred thousand installed units worldwide.

"MAQUET's unique strategy uses the SERVO brand to cater across price points and care areas unlike most other vendors that use multiple brands," says Frost & Sullivan research analyst Vanita Khetan. "This has helped it bolster the brand name even through the period of change and provided commonality of parts, training, and servicing to users/buyers."

Customers demand user-friendly and modular systems that provide clinical benefits and cost effectiveness. MAQUET's SERVO-i ventilator platform allows for a complete spectrum of treatment strategies for all patient types, conditions and care areas to meet this need. MAQUET is one of the world's leading providers of medical equipment and systems for the operating room, critical care, cardiopulmonary and extended care facilities. MAQUET Critical Care is the global leader in critical care solutions. The SERVO-I and SERVO-s ventilation systems are known for innovative medical technology,reliable operation and improved operational effectiveness.