Mechanical Ventilators Market: Global Industry Analysis and Forecast (2023-2029)

Mechanical Ventilators Market size is expected to reach US$ 6.95 Bn. by year 2029 at a CAGR of 16.5% during the forecast period.

Mechanical Ventilators Market Overview:

A mechanical ventilator is a medical device that helps patients manages their respiratory problems. It is prescribed for people who have breathing difficulties and are unable to maintain enough oxygenation levels in order to live.Mechanical Ventilators MarketTo know about the Research Methodology :- Request Free Sample Report

Mechanical Ventilators Market Dynamics:

Rising prevalence of respiratory disorders is the major factor driving the market growth. Globally, over 65 million people suffer from chronic obstructive pulmonary disease (COPD), according to the World Health Organization (WHO) (COPD). The rising prevalence of respiratory diseases such as chronic obstructive pulmonary disease (COPD), asthma, and pneumonia, as well as an older population with a higher risk of respiratory disorders, are increasing the demand for mechanical ventilators market. Various technological advancements in the healthcare business in Asia Pacific and Europe are projected to provide chances for market players to flourish. The government and manufacturers' intuitive steps to combat the initial lack of preparations for the pandemic resulted in a rapid inflow of mechanical ventilators. Smiths Medical, a medical device maker, partnered with Medline Industries to distribute its portex devices in August 2019. The cooperation will concentrate on non-acute and home care channels, as well as expanding its respiratory division's global market. As a result of the aforementioned factors, the market is likely to increase throughout the forecast period. The demand for healthcare institutions that provide long-term treatment for chronic respiratory disorders is predicted to rise as the geriatric population grows, necessitating long-term ventilation. The market is predicted to rise due to an increase in the demand for emergency treatment for long-term illnesses and long-term therapy for lung disorders in both children and adults. The market's growth is being hampered by rising risks connected with the use of ventilators, such as an increase in the frequency of ventilator-associated pneumonia (VAP). Furthermore, rising health risks and the high cost of mechanical ventilators are limiting market growth over the forecast period. The report has profiled fifteen key players in the market from different regions. However, report has considered all market leaders, followers and new entrants with investors while analyzing the market and estimation the size of the same. Increasing R&D activities in each region are different and focus is given on the regional impact on the cost, availability of advanced technology are analyzed and report has come up with recommendations for future hot spot in APAC region.

Mechanical Ventilators Market Segment Analysis:

The Mechanical Ventilators Market is segmented on the basis of Mobility, Interface and End-Users. Based on Mobility, the Intensive Care Ventilators segment is expected to dominate the global market. Intensive care ventilators are used to provide ventilatory support to patients who are unable to breathe on their own or need help maintaining appropriate breathing. Both neonates and adults can be ventilated with intensive care ventilators, and their conditions can range from critically ill to relatively stable postoperative patients. Because of technical improvements and manufacturers' increased attention on developing them, the intensive care ventilators sector is predicted to account for the majority of the market share. The demand for mechanical ventilators has risen in recent months as a result of the COVID-19 outbreak, which has resulted in an increase in the number of ICU admissions around the world. Based on Interface, Invasive Ventilation accounted for the highest proportion of the Mechanical Ventilators market in 2022. This is mostly due to the rising prevalence of congenital heart disease (CHD) in children and infants. Furthermore, intrusive ventilation is performed using a tracheostomy tube, and it is utilised in young children who require continuous mechanical ventilation, which contributes to the segment's growth. North America held significant market share in 2019. North America dominated the mechanical ventilator market in 2020, accounting for 60% of total revenue. This supremacy is related to a rising number of serious critical COVID-19 patients in the United States (4,813,647 as of 3 August 2020) as well as the presence of prominent producers. This is attributable to an increase in the prevalence of respiratory illnesses in the region, as well as enhanced reimbursement regulations. In addition, the market for mechanical ventilators in North America is growing due to greater healthcare awareness. In North America, the United States is the largest market for mechanical ventilators, followed by Canada. The report also helps in understanding Mechanical Ventilators Market dynamics, structure by analyzing the market segments and project the Global Mechanical Ventilators Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Mechanical Ventilators Market make the report investor’s guide.

Mechanical Ventilators Market Scope: Inquire before buying

Mechanical Ventilators Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2017 to 2022 Market Size in 2022: US $ 2.38 Bn.
Forecast Period 2023 to 2029 CAGR: 16.5% Market Size in 2029: US $ 6.95 Bn.
Segments Covered: by Mobility • Intensive Care Ventilators • Portable Ventilators
by Interface • Invasive Ventilation • Non-Invasive Ventilation
by End-Users • Hospitals • Home Healthcare • Other End Users

Mechanical Ventilators Market, by Region

North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)

Mechanical Ventilators Market, Key players:

Getinge AB • Medtronic • Vyaire Medical Inc. • Drägerwerk AG & Co. KGaA • Koninklijke Philips N.V. • Hamilton Medical • GE Healthcare • Smiths Medical • Becton, Dickinson and Company • Carl Reiner GmbH • Mindray Medical International Limited • Zoll Medical Corporation • Bunnell Incorporated • Penlon Limited • ResMed Frequently Asked Questions: 1. Which region has the largest share in Global Mechanical Ventilators Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Mechanical Ventilators Market? Ans: The Global Mechanical Ventilators Market is growing at a CAGR of 16.5% during forecasting period 2023-2029. 3. What is scope of the Global Mechanical Ventilators Market report? Ans: Global Mechanical Ventilators Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Mechanical Ventilators Market? Ans: The important key players in the Global Mechanical Ventilators Market are – Getinge AB,Medtronic,Vyaire Medical Inc.,Drägerwerk AG & Co. KGaA,Koninklijke Philips N.V.,Hamilton Medical,GE Healthcare,Smiths Medical,Becton, Dickinson and Company,Carl Reiner GmbH,Mindray Medical International Limited,Zoll Medical Corporation,Bunnell Incorporated,Penlon Limited,ResMed 5. What is the study period of this Market? Ans: The Global Mechanical Ventilators Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Mechanical Ventilators Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Mechanical Ventilators Market 3.4. Geographical Snapshot of the Mechanical Ventilators Market, By Manufacturer share 4. Global Mechanical Ventilators Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Mechanical Ventilators Market 5. Supply Side and Demand Side Indicators 6. Global Mechanical Ventilators Market Analysis and Forecast, 2022-2029 6.1. Global Mechanical Ventilators Market Size & Y-o-Y Growth Analysis. 7. Global Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 7.1.1. Intensive Care Ventilators 7.1.2. Portable Ventilators 7.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 7.2.1. Invasive Ventilation 7.2.2. Non-Invasive Ventilation 7.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 7.3.1. Hospitals 7.3.2. Home Healthcare 7.3.3. Other End Users 8. Global Mechanical Ventilators Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 9.1.1. Intensive Care Ventilators 9.1.2. Portable Ventilators 9.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 9.2.1. Invasive Ventilation 9.2.2. Non-Invasive Ventilation 9.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 9.3.1. Hospitals 9.3.2. Home Healthcare 9.3.3. Other End Users 10. North America Mechanical Ventilators Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 12. Canada Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 13. Mexico Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 14. Europe Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 15. Europe Mechanical Ventilators Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 17. France Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 18. Germany Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 19. Italy Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 20. Spain Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 21. Sweden Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 22. CIS Countries Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 23. Rest of Europe Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 24. Asia Pacific Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 25. Asia Pacific Mechanical Ventilators Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 27. India Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 28. Japan Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 29. South Korea Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 30. Australia Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 31. ASEAN Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 32. Rest of Asia Pacific Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 33. Middle East Africa Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 34. Middle East Africa Mechanical Ventilators Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 36. GCC Countries Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 37. Egypt Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 38. Nigeria Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 39. Rest of ME&A Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 40. South America Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 41. South America Mechanical Ventilators Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 43. Argentina Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 44. Rest of South America Mechanical Ventilators Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Mobility, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Interface, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By End-Users, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Mechanical Ventilators Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Getinge AB 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Medtronic 45.3.3. Vyaire Medical Inc. 45.3.4. Drägerwerk AG & Co. KGaA 45.3.5. Koninklijke Philips N.V. 45.3.6. Hamilton Medical 45.3.7. GE Healthcare 45.3.8. Smiths Medical 45.3.9. Becton, Dickinson and Company 45.3.10. Carl Reiner GmbH 45.3.11. Mindray Medical International Limited 45.3.12. Zoll Medical Corporation 45.3.13. Bunnell Incorporated 45.3.14. Penlon Limited 45.3.15. ResMedc 46. Primary Key Insights
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