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U.S. Mechanical Ventilator Market Size, Share & Trends Analysis Report by Product (Critical Care, Neonatal, Portable, Accessories, Flow Sensors, Breathing Circuits, Masks), by End-use and Segment Forecasts, 2022-2030

  • ID: 5186218
  • Report
  • April 2022
  • Region: United States
  • 130 Pages
  • Grand View Research

FEATURED COMPANIES

  • Drägerwerk AG & Co. Kgaa
  • GE Healthcare
  • Getinge Ab
  • Hamilton Medical
  • Koninklijke Philips N.V.
  • Medtronic
The U.S. mechanical ventilator market size is expected to reach USD 1.25 billion by 2030. It is expected to expand at a CAGR of 2.5% from 2022 to 2030. The rising number of hospitalizations due to the coronavirus pandemic and the increased need for ventilation among patients in the U.S. contributed to the high demand for ventilators during the COVID-19 pandemic.



The rising prevalence of respiratory diseases has significantly impacted the market growth. The adoption of long-term Home Mechanical Ventilation (HMV) in case of chronic respiratory failure due to diseases, such as thoracic disease, Chronic Obstructive Pulmonary Disorder (COPD), and neuromuscular disease, is expected to increase over the forecast period.

According to a study by the World Health Organization (WHO), moderate to severe COPD affects around 65 million individuals worldwide, making it the third leading cause of death. These estimates are expected to rise over the years owing to the growing geriatric population, increasing exposure to tobacco smoke, and indoor as well as outdoor pollution. These factors are anticipated to boost the overall market growth.

An increase in the number of government initiatives aimed at providing safe, affordable, and quality healthcare is driving the adoption of these devices. For example, the American Society of Anesthesiologists provides guidelines for the management of difficult airways and the use of different devices at various stages of respiratory diseases.

Manufacturers have increased their production capacity to meet an exponential demand during the pandemic. For instance, Vyaire, an Illinois-based respiratory equipment manufacturer, ramped up its production capacity by 50%. To provide a safer environment for the healthcare workers, Medtronic upgraded its existing PB980 (deployed in ICUs), which will allow the control of ventilators remotely away from the isolation room. These types of initiatives positively impacted the ventilators market growth in the U.S.

However, a boost in ventilator production due to coronavirus wave is expected to be normalized by 2022 due to the decreased infection rates, dependency of patients on life support equipment, and development of an effective COVID-19 vaccine and therapeutics.

U.S. Mechanical Ventilator Market Report Highlights

  • by product, the critical care ventilators segment captured the largest share of 40.0% in 2021 and is expected to continue leading throughout the forecast period. The increasing adoption of the product in intensive care units due to a surge in the COVID-19 cases is expected to drive the growth.
  • The masks accessories segment is expected to witness lucrative growth in the forthcoming years as these are cost-effective, disposable, and preventive devices and can be manufactured in bulk quantities to fight against the coronavirus outbreak.
  • Competition in the market is high as the major players are adopting strategies, such as distribution agreements, collaborations, and acquisitions, to get hold of a major share in the market.
  • Emerging players are involved in the development of cost-effective products to gain a dominant position in the market.
  • Manufacturers are bracing up to multiply the production capacity to sustain the competition.
Frequently Asked Questions about the U.S. Mechanical Ventilator Market

What is the estimated value of the U.S. Mechanical Ventilator Market?

The U.S. Mechanical Ventilator Market was estimated to be valued at $1.0 Billion in 2022.

What is the growth rate of the U.S. Mechanical Ventilator Market?

The growth rate of the U.S. Mechanical Ventilator Market is 2.5%, with an estimated value of $1.3 Billion by 2030.

What is the forecasted size of the U.S. Mechanical Ventilator Market?

The U.S. Mechanical Ventilator Market is estimated to be worth $1.3 Billion by 2030.

Who are the key companies in the U.S. Mechanical Ventilator Market?

Key companies in the U.S. Mechanical Ventilator Market include Getinge Ab, Vyaire Medical Inc., Medtronic, Drägerwerk AG & Co. Kgaa, GE Healthcare, Koninklijke Philips N.V., Smiths Group plc, Hamilton Medical and Ventec Life Systems.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Drägerwerk AG & Co. Kgaa
  • GE Healthcare
  • Getinge Ab
  • Hamilton Medical
  • Koninklijke Philips N.V.
  • Medtronic

Chapter 1 Research Methodology
1.1 Research Methodology
1.2 Information Procurement
1.2.1 Purchased Database:
1.2.2 Internal Database
1.2.3 Secondary Sources
1.2.4 Primary Research:
1.2.5 Details of Primary Research
1.3 Information or Data Analysis
1.3.1 Estimates and Forecast Timeline
1.3.2 Data Analysis Models
1.4 Market Formulation & Validation
1.5 Model Details
1.5.1 Commodity Workflow Analysis (Model 1)
1.5.2 Volume Price Analysis (Model 2)
1.6 List of Secondary Sources
1.7 Abbreviations
1.8 Report Objectives
Chapter 2 Executive Summary
2.1 Market Snapshot 2021
2.1.1 U.S. Mechanical Ventilator Market, 2017-2030 (USD Million)
Chapter 3 Industry Outlook
3.1 Market Segmentation
3.2 Market Lineage Outlook
3.2.1 Parent Market Analysis
3.2.2 Ancillary Market Analysis
3.3 Penetration & Growth Prospect Mapping
3.4 Market Variable Analysis
3.4.1 Market Driver Analysis
3.4.1.1 COVID-19 outbreak
3.4.1.2 Increasing in Prevalence of Respiratory Diseases
3.4.1.3 Growing Geriatric Population
3.4.1.4 Technological Advancements
3.4.1.5 Increasing Number of Government Initiatives
3.4.2 Market Restraint Analysis
3.4.2.1 Capital Intensive Nature
3.4.2.2 Product Recall and Failure
3.5 Business Environment Analysis Tools
3.5.1 SWOT Analysis, by PEST
3.5.2 Porter’s Five Forces Analysis
3.6 Technology Trend Analysis
3.6.1 Changing Technology & Adoption Pattern
Chapter 4 COVID-19 Impact Analysis
4.1 Demand Analysis
4.1.1 Total Installed Base Till 2019 & 2020 (Quarterly Analysis)
4.1.2 Healthcare Staff Analysis
4.1.3 Critical Care Beds Analysis
4.1.4 Projected Demand
4.2 Supply Chain Analysis
4.2.1 Key Components
4.2.2 Key Component Suppliers
4.2.3 Obstacles in Supply Chain Due to COVID-19 Outbreak
4.2.4 Temporary Trade Measures
4.3 Product Lifecycle Analysis
4.3.1 Shelf life
4.3.2 Reprocessing of Mechanical Ventilators
4.4 Cost Structure Analysis
4.4.1 Average Cost of Mechanical Ventilators & Accessories
4.4.2 Facility Set up Cost
4.5 Manufacturing Trend Analysis
4.5.1 Drivers
4.5.1.1 Export Ban of Critical Care Equipment
4.5.1.2 Established Assembly Line for Ventilators Production
4.5.2 Restraints
4.5.2.1 Bottlenecks in Production
4.6 Regulatory Framework
4.6.1 Regulatory Changes Due to COVID-19 Outbreak
4.6.2 Emergency Use Authorization (EUAs): Ventilators and Ventilator Accessories
4.7 Case Studies
Chapter 5 U.S. Mechanical Ventilator Market: Competitive Analysis
5.1 Vendor Landscape
5.1.1 Market Participation Categorization
5.1.1.1 Market Leader
5.1.1.2 Innovators
5.1.1.2.1 Recent Innovations
5.2 Public Companies
5.2.1 Estimated Company Market Share Analysis, 2021
5.2.2 Company Market Position Analysis
5.2.3 Heat Map Analysis
5.3 Opportunity Analysis
5.3.1 Market influencer analysis
5.3.2 Consumer Preference Matrix
5.3.3 Market Entry Strategies
Chapter 6 U.S. Mechanical Ventilator Market: Product Segment Analysis
6.1 U.S. Mechanical Ventilator Market: Product Movement Analysis
6.2 Ventilators
6.2.1 Ventilators Market, 2017-2030 (USD Million)
6.2.2 Critical Care Ventilators
6.2.2.1 Critical Care Ventilators Market, 2017-2030 (USD Million)
6.2.3 Neonatal
6.2.3.1 Neonatal Market, 2017-2030 (USD Million)
6.2.4 Transport and PorTable Ventilators
6.2.4.1 Transport and PorTable Ventilators Market, 2017-2030 (USD Million)
6.2.5 Other Ventilators
6.2.5.1 Others Market, 2017-2030 (USD Million)
6.3 Accessories
6.3.1 Accessories Market, 2017-2030 (USD Million)
6.3.2 Flow Sensors
6.3.2.1 Flow Sensors Market, 2017-2030 (USD Million)
6.3.3 Breathing Circuits
6.3.3.1 Breathing Circuits Market, 2017-2030 (USD Million)
6.3.4 Endotracheal Tube
6.3.4.1 Endotracheal Tube Market, 2017-2030 (USD Million)
6.3.5 Masks
6.3.5.1 Masks Market, 2017-2030 (USD Million)
6.3.6 Others
6.3.6.1 Others Market, 2017-2030 (USD Million)
Chapter 7 U.S. Mechanical Ventilator Market: End-use Segment Analysis
7.1 U.S. Mechanical Ventilator Market: end-use Movement Analysis
7.2 Hospital
7.2.1 Hospital Market, 2017-2030 (USD Million)
7.3 Home Care
7.3.1 Home Care Market, 2017-2030 (USD Million)
7.4 Others
7.4.1 Others Market, 2017-2030 (USD Million)
Chapter 8 Company Profiles
8.1 Getinge AB
8.1.1 Company Overview
8.1.2 Financial Performance
8.1.3 Product Benchmarking
8.1.4 Strategic Initiatives
8.2 Vyaire Medical Inc.
8.2.1 Company Overview
8.2.2 Financial Performance
8.2.3 Product Benchmarking
8.2.4 Strategic Initiatives
8.3 Medtronic
8.3.1 Company Overview
8.3.2 Financial Performance
8.3.3 Product Benchmarking
8.3.4 Strategic Initiatives
8.4 Drägerwerk AG & Co. KGaA
8.4.1 Company Overview
8.4.2 Financial Performance
8.4.2.1 Product Benchmarking
8.4.3 Strategic Initiatives
8.5 GE Healthcare
8.5.1 Company Overview
8.5.2 Financial Performance
8.5.3 Product Benchmarking
8.5.4 Strategic Initiatives
8.6 Koninklijke Philips N.V.
8.6.1 Company Overview
8.6.2 Financial Performance
8.6.3 Product Benchmarking
8.6.4 Strategic Initiatives
8.7 Smiths Group plc
8.7.1 Company Overview
8.7.2 Financial Performance
8.7.3 Product Benchmarking
8.7.4 Strategic Initiatives
8.8 Hamilton Medical
8.8.1 Company Overview
8.8.2 Product Benchmarking
8.8.3 Strategic Initiatives
8.9 ResMed Inc.
8.9.1 Company Overview
8.9.2 Financial Performance
8.9.3 Product Benchmarking
8.9.4 Strategic Initiatives
8.10 Ventec Life Systems
8.10.1 Company Overview
8.10.2 Financial Performance
8.10.3 Product Benchmarking
8.10.4 Strategic Initiatives
Note: Product cover images may vary from those shown
  • Getinge AB
  • Vyaire Medical Inc.
  • Medtronic
  • Drägerwerk AG & Co. KGaA
  • GE Healthcare
  • Koninklijke Philips N.V.
  • Smiths Group plc
  • Hamilton Medical
  • ResMed Inc.
  • Ventec Life Systems
Note: Product cover images may vary from those shown

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