Ventilators Market Size Was Worth USD 1.4 Billion in 2021 and Is Projected to Grow to USD 2.43Billion by 2030, at a CAGR of 7.6% Over The Forecast Period of 2022 to 2030.
Leading manufacturers from around the world are ramping up production of ventilators, which could save thousands of lives. In the case of the current outbreak, key stakeholders are facing exceptional demand. Several firms from other areas, such as aerospace and engineering, have stepped up to help and produce this critical equipment.
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Modern respiratory ventilators attempt to provide portable and cost-effective solutions in a variety of clinical situations while ensuring patient safety and improving ventilation outcomes. Because of their effective functionality and innovative features, mechanical ventilators dominate the ventilation equipment industry. The market for critical care ventilators is leading the ventilators industry with steady growth due to the huge installed base in intensive care units (ICU) and increasing numbers of ICU admissions. Meanwhile, more advanced modes on today’s transport ventilators have constantly won popularity. Closed-loop modes, automated weaning features, and smart warning systems are among the innovative ventilator technologies that continue to improve patient outcomes, convenience of use, and efficiency.’
Global Ventilators Market: Segmentations
Key Players:
- ResMed
- Nihon Kohden Corporation
- Medtronic
- Fisher & Paykel Healthcare Limited
- Drägerwerk AG & CO. KGAA
- Getinge AB
- Nihon Kohden Corporation
- Asahi Kasei Corporation
- GE Healthcare
- Air Liquide
- Hamilton Medical
- Smiths Group plc
- Allied Healthcare Products, Inc.
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd
- aXcent Medical GmbH
- Avasarala Technologies Ltd
- Airon Corporation
- Leistung Engineering Pvt. Ltd.
- HEYER Medical AG
- TRITON Electronic Systems Ltd.
- Hill-Rom Holdings, Inc.
- Bio-Med Devices, Inc.
- Metran Co., Ltd
- MAGNAMED
- Vyaire Medical, Inc.
Based on Mobility
- Intensive care ventilators
o high end
o mid end
o basic end
- Portable ventilators
Based on Interface
- Invasive Ventilation
- Non-Invasive Ventilation
o CPAP,
o BiPAP
o APAP
Based Age Group
- Adult ventilators
- Pediatric and Neonatal
- Geriatrics Ventilators
Based on Mode
- Combined-mode ventilation
- Volume- mode ventilation
- Pressure-mode ventilation
- Other ventilation modes
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Table Of Contents
- Global Ventilators Market Introduction and Market Overview
- Global Ventilators Market – Executive Summary
- Ventilators Market Trends, Outlook, and Factors Analysis
- Estimates & Historic Trend Analysis (2018 to 2021)
- Estimates & Forecast Trend Analysis, by Component
- Estimates & Forecast Trend Analysis, by Type
- Estimates & Forecast Trend Analysis, by Mobility
- Estimates & Forecast Trend Analysis, by Body part
- Estimates & Forecast Trend Analysis, by Treatment type
- Estimates & Forecast Trend Analysis, by Application
- Global Ventilators Market Analysis and Forecast, by Region
- North America Ventilators Market: Estimates & Forecast Trend Analysis
- Europe Ventilators Market: Estimates & Forecast Trend Analysis
- Asia Pacific Ventilators Market: Estimates & Forecast Trend Analysis
- Middle East & Africa Ventilators Market: Estimates & Forecast Trend Analysis
- Latin America Ventilators Market: Estimates & Forecast Trend Analysis
- Competitive Landscape
- Company Profiles
- Assumptions and Research Methodology
- Conclusions and Recommendations
Key Questions Answered:
- What are the product types offered by the key players within this market?
- What was the total installed base of ventilators, by country, in 2019?
- What is the change witnessed in the growth rate of this market from pre-COVID to post-COVID scenario?
- What are the key developmental strategies which are implemented by the key players to sustain in the competitive market?
- What are the strategies opted by the healthcare and non-healthcare companies amidst coronavirus pandemic to meet the high demand for ventilators?
- What are the opportunities and challenges faced by healthcare and non-healthcare companies within this market?
- What was the market share of each of the companies in mechanical ventilator and non-invasive ventilator segments of this in 2019?
- What are the pricing trends of ventilators in the last five years?
- What are the major regulatory changes taking place in this market pre-COVID-19, during COVID-19, and post-COVID-19? How are these changes expected to impact this market in the future?
- How is the industry expected to evolve during the forecast period, 2021-2030?
- What will be the impact on the products that have been awarded emergency use authorization (EUA) during the COVID-19 pandemic, once the pandemic is over?
- How has the supply and demand of the ventilator changed during the COVID-19 phase in contrast to the pre-COVID-19 phase?
- What is the market value estimates of the leading segments of this market in 2030?
- What is the change witnessed in the growth rate of this market from pre-COVID to post-COVID scenario?
- What are the major driving factors, challenges, and opportunities for this market? What will be the impact of these factors once the COVID-19 pandemic is over?
- What is the growth potential of this market in each region, including North America, Europe, Asia-Pacific, and Rest-of-the-World?
- What impact of large ventilator inventories on this market is expected once the COVID-19 pandemic is over?
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