Ventilator

Ventilator Market Research Report: Forecast (2023-2028)

By Type (Adult/Pediatric Ventilation, Infant/Neonatal Ventilation), By Interface (Invasive Ventilation, Non-Invasive Ventilation), By Mode (Combined-Mode Ventilation, Volume-Mode Ventilation, Pressur Read more

  • Healthcare
  • Nov 2022
  • 245
  • HC10213

Market Overview

A ventilator is a machine that provides mechanical or artificial ventilation to patients who can't breathe adequately due to chronic or acute respiratory conditions. Invasive and non-invasive are two types of ventilators used in different healthcare facilities like hospitals (ICUs & emergency rooms), clinics, ambulatory care centers, and households. The demand for ventilators is constantly rising, especially after the advent of Covid-19. And since then, manufacturers have been actively working on increasing their production & distribution capacities to bridge the global demand-supply gaps.

Market Insights

The Global Ventilator Market is projected to grow at around 13% CAGR during the forecast period, i.e., 2023-28. Most of the market expansion would be driven by the mounting incidence of chronic & acute respiratory disorders, especially among the rapidly rising elderly population, coupled with the subsequent increase in ICU admissions to treat such illnesses.

Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028) 13%
Regions Covered North America: The US, Canada, Mexico
Europe: Germany, The UK, France, Italy, Spain, Others
Asia-Pacific: China, India, Japan, Australia, South Korea, Others
South America: Brazil, Argentina, Others
Middle East & Africa: Saudi Arabia, South Africa, UAE, Nigeria, Others
Key Companies Profiled

Philips, ResMed, Medtronic, Becton Dickinson, GEHealthcare, Getinge, Air Liquide, Hamilton Medical, Smith’s Group, Drager, Fisher and Paykel, Others

Unit Denominations USD Million/Billion

 

COPD (Chronic Obstructive Pulmonary Disease) & asthma are the two most common respiratory illnesses, the prevalence of which is dramatically rising worldwide and amplifying the need for ventilators. COPD is the third leading cause of death. Prolonged asthma, tobacco smoking, & exposure to air pollution are the prime causes of COPD, which is the third leading cause of all deaths globally.

With the growing incidence of COPD, there are rapidly increasing hospital admissions for its treatment, i.e., instigating the demand for critical care equipment like ICU beds, ventilators, & patient monitoring systems, among others, and, in turn, propelling the overall market expansion. The leading market players are massively investing in R&D to introduce technologically advanced products like portable ventilators, innovative ventilator sensors, etc., in order to cater to ever-evolving end-user requirements.

Furthermore, the increasing number of preterm births, the growing geriatric population, and the surging demand for home care services are creating new avenues for the leading companies operating in the global ventilator market to witness lucrative prospects in the coming years.

Market Segmentation

Based on Interface:

  • Invasive
  • Non-Invasive

Of both, the non-invasive ventilation (NIV) interface is witnessing rapidly increasing adoption and notably contributing to the ventilator market growth globally. Unlike invasive ventilation, NIV is the administration of ventilator support without using tracheostomy or endotracheal tubes.

Over the past few years, the usage of NIV has increased significantly in a wide range of applications for the management of both chronic & acute respiratory failures in critical care units and home care delivery settings. It owes to its benefits like precise & higher concentrations of oxygen due to its precise & controlled delivery, prevention of artificial airway complications, low cost, reduced need for sedative medications, lower infection rate, and augmented domiciliary usage, among others. 

With several technological advancements in recent years, non-invasive ventilators have become more portable & efficient to operate and now exhibit high levels of accuracy & reliability for the diagnosis of respiratory illnesses. The rising prevalence of COPD, asthma, & pneumonia, coupled with rapid advancements in diagnostic tools, are improving the diagnostic rate of these conditions. As a result, the demand for NIV oxygen systems, like non-invasive PPV and high-flow nasal cannula O2 delivery, to treat these diseases is surging at a notable pace and thus fueling the overall growth of the ventilator market globally.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Glossary
    4. Market Segmentation
  2. Executive Summary
  3. Expert Verbatim- Interview Excerpts of 10 industry experts
  4. Global Ventilator Market Outlook, 2023-2028
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Type
        1. Adult/Pediatric Ventilation
        2. Infant/Neonatal Ventilation
      2. By Interface
        1. Invasive Ventilation
        2. Non-Invasive Ventilation
      3. By Mode
        1. Combined-Mode Ventilation
        2. Volume-Mode Ventilation
        3. Pressure Mode Ventilation
      4. By Mobility
        1. Portable
        2. Intensive Care
      5. By End-User
        1. Hospitals and Clinics
        2. Home care
        3. Ambulatory Care Centers
        4. Emergency Medical Services
      6. By Region
        1. North America
        2. South America
        3. Europe
        4. Asia-Pacific
        5. Middle East & Africa
      7. By Company
        1. Revenue Shares
        2. Strategic Factorial Indexing
        3. Competitor Placement in MarkNtel Quadrant
  5. North America Ventilator Market Outlook, 2023-2028
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Type
      2. By Interface
      3. By Mode
      4. By Mobility
      5. By End-User
      6. By Country
        1. US
        2. Canada
        3. Mexico
    3. US Ventilator Market Outlook, 2023-2028
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Type
        2. By Interface
        3. By Mode
        4. By Mobility
        5. By End-User
    4. Canada Ventilator Market Outlook, 2023-2028
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Type
        2. By Interface
        3. By Mode
        4. By Mobility
        5. By End-User
    5. Mexico Ventilator Market Outlook, 2023-2028
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Type
        2. By Interface
        3. By Mode
        4. By Mobility
        5. By End-User
  6. South America Ventilator Market Outlook, 2023-2028
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Type
      2. By Interface
      3. By Mode
      4. By End-User
      5. By Country
        1. Brazil
        2. Argentina
        3. Others
    3. Brazil Ventilator Market Outlook, 2023-2028
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Type
        2. By Interface
        3. By Mode
        4. By Mobility
        5. By End-User
    4. Argentina Ventilator Market Outlook, 2023-2028
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Type
        2. By Interface
        3. By Mode
        4. By Mobility
        5. By End-User
  7. Europe Ventilator Market Outlook, 2023-2028
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Type
      2. By Interface
      3. By Mode
      4. By End-User
      5. By Country
        1. The UK
        2. Germany
        3. France
        4. Italy
        5. Spain
        6. Others
    3. UK Ventilator Market Outlook, 2023-2028
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Type
        2. By Interface
        3. By Mode
        4. By Mobility
        5. By End-User
    4. Germany Ventilator Market Outlook, 2023-2028
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Type
        2. By Interface
        3. By Mode
        4. By Mobility
        5. By End-User
    5. France Ventilator Market Outlook, 2023-2028
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Type
        2. By Interface
        3. By Mode
        4. By Mobility
        5. By End-User
    6. Italy Ventilator Market Outlook, 2023-2028
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Type
        2. By Interface
        3. By Mode
        4. By Mobility
        5. By End-User
    7. Spain Ventilator Market Outlook, 2023-2028
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Type
        2. By Interface
        3. By Mode
        4. By Mobility
        5. By End-User
  8. Asia-Pacific Ventilator Market Outlook, 2023-2028
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Type
      2. By Interface
      3. By Mode
      4. By End-User
      5. By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. South Korea
        6. Others
    3. China Ventilator Market Outlook, 2023-2028
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Type
        2. By Interface
        3. By Mode
        4. By Mobility
        5. By End-User
    4. India Ventilator Market Outlook, 2023-2028
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Type
        2. By Interface
        3. By Mode
        4. By Mobility
        5. By End-User
    5.  Japan Ventilator Market Outlook, 2023-2028
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Type
        2. By Interface
        3. By Mode
        4. By Mobility
        5. By End-User
    6. Australia Ventilator Market Outlook, 2023-2028
      1. Market Size & Analysis
        1. By Revenues
      2. By Units Sold Market Share & Analysis
        1. By Type
        2. By Interface
        3. By Mode
        4. By Mobility
        5. By End-User
    7. South Korea Ventilator Market Outlook, 2023-2028
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Type
        2. By Interface
        3. By Mode
        4. By Mobility
        5. By End-User
  9. Middle East & Africa Ventilator Market Outlook, 2023-2028
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Type
      2. By Interface
      3. By Mode
      4. By End-User
      5. By Country
        1. UAE
        2. Saudi Arabia
        3. South Africa
        4. Nigeria
        5. Others
    3. UAE Ventilator Market Outlook, 2023-2028
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Type
        2. By Interface
        3. By Mode
        4. By Mobility
        5. By End-User
    4. Saudi Arabia Ventilator Market Outlook, 2023-2028
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Type
        2. By Interface
        3. By Mode
        4. By Mobility
        5. By End-User
    5. South Africa Ventilator Market Outlook, 2023-2028
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Type
        2. By Interface
        3. By Mode
        4. By Mobility
        5. By End-User
    6. Nigeria Ventilator Market Outlook, 2023-2028
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Type
        2. By Interface
        3. By Mode
        4. By Mobility
        5. By End-User
  10. Global Ventilator Market Dynamics
    1. Drivers
    2. Challenges
    3. Impact Analysis
  11. Global Ventilator Market Regulations, Product Standards
  12. Global Ventilator Market Value Chain Analysis
  13. Global Ventilator Intellectual Property Rights Analysis
  14. Global Ventilator Market Hotspots & Opportunities
  15. Competition Outlook
    1. Competition Matrix
      1. Competitor Wise Growth Strategies
      2. Product Portfolio
      3. Brand Specialization
      4. Target Markets
      5. Research & Development
      6. Strategic Alliances & Initiatives
    2. Company Profiles
      1. Philips
      2. ResMed
      3. Medtronic
      4. Becton Dickinson
      5. GEHealthcare
      6. Getinge
      7. Air Liquide
      8. Hamilton Medical
      9. Smith’s Group
      10. Drager
      11. Fisher and Paykel
  16. Disclaimer
Ventilator Market Segmentation
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