Medical Ventilators Market Analysis, Growth, Opportunities, Industry Trends, Price & Report 2020-2025

The global medical ventilators market is one of the fastest-growing segments in the medical devices market. Factors such as the prevalence of COPD patients, the outbreak of pandemic COVID-19, the increase in the aging population are likely to boost the ventilators market during the forecast period. Moreover, there is a sudden demand for ventilators due to the eruption of the COVID-19 pandemic, which is likely to push the demand by 10-folds. Europe and North America are braving the onslaught of the virus. The growing number of patients infected with the coronavirus in Spain, Italy, the UK, Germany, the US, China, France, Brazil, Japan, Australia, and India is fueling the demand for ventilators. However, the presence of several risks, including pneumonia and volutrauma is hampering the penetration of the market significantly.

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“The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market).”

Key Vendors

• Hamilton Medical
• Medtronic
• Koninklijke Philips
• Vyaire Medical
• GE Healthcare
• ResMed
• Drägerwerk
• SCHILLER
• Smith Medical

Insights by Vendors

The medical ventilators market is fragmented with the presence of several global, regional, and local vendors offering a wide range of medical ventilators. Hamilton Medical, Medtronic, Vyaire Medical, GE Healthcare, SCHILLER, Koninklijke Philips, and Drägerwerk are the key medical ventilator manufacturers in the global ventilators market. Although large vendors basically dominate the market, they are witnessing heavy competition from regional and local companies from India, China, Italy, and Germany. Several regional vendors are offering cost-effective ventilators in Europe, APAC, and Middle East & Africa regions.

Medical Ventilators Market: Segmentation

This research report includes a detailed market segmentation by Interface, Mobility, Patient Group, Application, End-user, and Geography. The invasive segment is likely to retain its market dominance during the forecast period. The rise in the COVID-19 pandemic and the growth in respiratory disorders COPD prevalence are expected to drive the segment. The growing shift toward the application of non-invasive ventilators (NIV) is contributing to the growth of the non-invasive segment.

ICUs and emergency care units are the major end-users of standard ventilators. These machines are large, which hamper adoption, however, the segment is likely to dominate the market, especially developed markets. Portable medical ventilators can be used at several point-of-care sites and mobile healthcare units such as ambulances and ambulatory settings. They provide long-term ventilation support for patients that do not require complex critical care ventilators. The segment is expected to observe promising demand due to the outbreak of COVID-19 to treat affected patients, and convenience and compactness.
The adult medical ventilators market segment is anticipated to retain its market dominance during the forecast period due to the exponential increase in the usage of a wide range of invasive and non-invasive ventilators for treating adult COVID-19 patients admitted in ICU and emergency care settings. A high prevalence of respiratory disorders among preterm newborns and infants is boosting the adoption of pediatric and neonatal ventilators across the globe. Governments across the globe have started to procure these machines as a precautionary measure.

In 2019, hospitals accounted for a 66% share in the global medical ventilators market size. They are likely to emerge as the major revenue contributor to the market. The high growth of the segment can be attributed to the increasing number of hospitals adopting ventilators, the growing prevalence of COPD and other respiratory diseases, and the growth in the aging population. The revenue share of the home care segment in developed countries is likely to grow on account of the growth in the elderly population and epidemiology and social changes in the US, Canada, Germany, Spain, and Italy.

Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-91095

“The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market).”

The critical care segment accounted for a 55% share in 2019. Intubation, with subsequent mechanical ventilation support, is a common life-saving intervention in critical care settings. The outbreak of the COVID-19 has increased the number of admissions in critical care settings and ICUs. A majority of COVID-19 patients admitted to ICUs require ventilator support. This segment is likely to grow at a faster rate and is likely to retain its dominance in the medical ventilators market size. The market is likely to witness an incremental growth of over $718 million during the forecast period. The emergency care application segment accounted for a share of 25% in the global ventilators market. There is significant overcrowding in emergency care units across the globe due to the COVID-19 epidemic. Patients that are discharged from critical care units are admitted to emergency departments for monitoring and observation. Across the globe, several medical centers have been converted into emergency care settings to treat the patient suffering from the COVID-19.

Table of Content

1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of The Study
4.3.1 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation

The study considers the present scenario of the medical ventilators market and its market dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent companies operating in the market.

Key Market Insights

The medical ventilators market offers several key insights and growth opportunities for the period 2019–2025.
• Inclusive insights on the latest industry trends, market restraints, and growth opportunities
• A detailed analysis of market growth drivers, challenges, and investment opportunities
• A complete overview of market segments along with regional prospective
• An exhaustive summary of the vendor landscape, competitive analysis, and market strategies

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

For more information, please contact:

Shibuya Data Count
Email: sales@sdki.jp
Tel: + 81 3 45720790

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Christophe Rude

Christophe Rude

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