Global Ventilator Market by Interface (Invasive Ventilators and Non-Invasive Ventilators), By Mobility (Portable Ventilators and Intensive Care Ventilators), - Global Industry Share, Growth, Competitive Analysis and Forecast Period 2022-2028
The global ventilator market is projected to exhibit growth of over 6% during the forecast period. A ventilator is a machine that is required for patients suffering from low oxygen levels. The increase in the prevalence rate of chronic obstructive pulmonary diseases along with the rapid rise in the geriatric population gives a boost to the growth of the market. A ventilator provides medical mechanical ventilation to a patient who cannot breathe properly. It supports such patients in breathing properly by moving breathable air into and out of the lungs for delivering breaths. Moreover, the Covid-19 pandemic has accelerated the sales of ventilators across the globe.
The global ventilator market is segmented on the basis of interface and mobility. On the basis of interface, the market is bifurcated into invasive ventilators and non-invasive ventilators. Further, on the basis of mobility, the global ventilator market is sub-divided into portable ventilators and intensive care ventilators.
Intensive care ventilators are used for delivering ventilatory support to patients who cannot breathe on their own. Neonates and adults both can be ventilated by using intensive care ventilators and can vary in condition. The intensive care ventilators segment is estimated to hold a prominent share in the market. The segmental growth is attributed to the technological advancements and increasing focus of manufacturers to develop these ventilators.
Geographically, the study of the global ventilator market covers the analysis of four major regions including North America (the US and Canada), Europe (UK, Germany, Italy, Spain, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), and the Rest of the World. Europe is estimated to hold a prominent share in the market. North America is estimated to have a significant share in the global ventilator market owing to the presence of its well-established healthcare infrastructure. Moreover, the spike in COVID-19 cases has surged the demand for ventilators and hence contributed to the regional growth of the market.
Market Players Outlook
Moreover, the report covers the analysis of various players operating in the global ventilator market. Some of the players covered in the report include Air Liquide S.A., Draegerwerk AG CO. KGaA, Drägerwerk AG, Fisher & Paykel Healthcare, Ltd., Getinge AB, Hamilton Medical AG, Koninklijke Philips N.V., and others. In order to survive in the market, these players adopt different marketing strategies such as a merger, acquisitions, product launch, and geographical expansion. After the COVID-19 breakup, the players have braced up with the production of ventilators to meet the growing need of the people. For instance, in March 2020, Drägerwerk AG & Co. received an order of around 10,000 mechanical ventilators from the government of the UK, which is equal to its annual production capacity.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Ventilator Market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
Table of Contents
- Current Industry Analysis and Growth Potential Outlook
- Impact of COVID-19 on the Global Ventilator Industry
- Recovery Scenario of Global Ventilator Industry
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
5.1.1. Invasive Ventilators
5.1.2. Non-Invasive Ventilators
5.2. Global Ventilator Market by Mobility
5.2.1. Portable Ventilators
5.2.2. Intensive Care Ventilators
6.1.1. United States
6.2.6. Rest of Europe
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7.2. Airon Corp.
7.3. Carl Reiner GmbH
7.4. Draegerwerk AG CO. KGaA
7.5. eVent Medical
7.6. Fisher & Paykel HealthcareLtd.
7.7. GE Healthcare
7.8. Getinge AB
7.9. Hamilton Medical AG
7.10. Koninklijke Philips N.V.
7.12. Medtronic PLC
7.13. ResMed Inc.
7.14. Siare Engineering International Group s.r.l.
7.15. Smiths Group PLC
7.16. Teleflex Inc.
7.17. Vyaire Medical Inc.
A selection of companies mentioned in this report includes:
- Air Liquide S.A.
- Airon Corp.
- Carl Reiner GmbH
- Draegerwerk AG CO. KGaA
- eVent Medical
- Fisher & Paykel HealthcareLtd.
- GE Healthcare
- Getinge AB
- Hamilton Medical AG
- Koninklijke Philips N.V.
- Medtronic PLC
- ResMed Inc.
- Siare Engineering International Group s.r.l.
- Smiths Group PLC
- Teleflex Inc.
- Vyaire Medical Inc.