Europe Ventilator Market – Industry Analysis and Forecast (2022-2029)

Europe Ventilator Market  is expected to reach US$ 2.95 Bn. at a CAGR of 12.5% during the forecast period 2029.
Europe Ventilator Market Overview:
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.



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Europe Ventilator Market Dynamics:
A ventilator system is a machine that is used to support breathing and is mainly found in hospitals. These machines help patients when they have personally lost the capability to breathe and need an external system to function properly. Ventilator or a mechanical ventilator is specifically designed for moving air in and out of lungs. These ventilator systems are used for patients that have lost the capability to breathe or in some cases are breathing insufficiently. Nowadays, ventilators are computerized, where patients are provided air using a bag valve mask that is mostly hand-operated.

Ventilators are mostly used in intensive care units (ICU) and at times in-home care as well. Ventilators may be further used for giving emergency medicine as both standalone units or as a component of an anaesthesia machine. Any mechanical ventilator needs to be changed as per the need as well as the demand of patients and is regularly monitored. For patients needing the maximum amount of assistance, ventilators control both the volume as well as the duration of breathing of patients to complete respiration cycle.

The market of Europe for ventilator has been bifurcated on the basis of mobility, mode, interface, type, end-user, and geography. Based on mobility, the market has been divided into intensive care ventilators and portable ventilators. Intensive care ventilators held a larger market share with more complexity in diseases and people relying on artificial breathing system for breathing smoothly. Breathing trouble for both infants and geriatric population have seen a surge that can be contributed to the growth in pollution. Moreover, high costs of installation and functioning for portable ventilators have also deterred the growth of portable ones leading to a larger share for intensive care ones.

On the basis of the interface, it is invasive technology that has held a larger market share as compared to the non-invasive ones. The rise in the number of patients suffering from respiratory and neurological diseases have further led to the higher adaptation of invasive ventilator systems. Hospitals/clinics, home care, ambulatory care centers and emergency medical services (EMS) have formed different end-user of the ventilator for the Europe market.

Hospitals/clinics have formed the highest market holding the largest market share. Intensive care units are built for improvising ventilator systems to help patients breathe smoothly. There has been a rise in terminally ill patients owing to many lifestyle changes as well. This has led to hospitals adapting more ventilator systems thus forming the largest market for ventilator market in Europe.
Europe Ventilator Market Regional Analysis:
Europe as a region has focused immensely on improving its healthcare infrastructure. Huge government grants along with a rise of investments in improving healthcare infrastructure have been a few key reasons that have led to the higher adaptation of ventilator systems. Countries such as UK, Germany, France, and Russia have been some of the major contributors to the ventilator market in Europe.
Research Methodology
The market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market. KOLs from both, demand and supply side were considered while conducting interviews to get an unbiased idea of the market. This exercise was done at a country level to get fair idea of the market in countries considered for this study. Later this country-specific data was accumulated to come up with regional numbers and then arrive at the market value for Europe Ventilator market.
Europe Ventilator Market, Key Highlights:
• Europe Ventilator Market analysis and forecast, in terms of value.

• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Europe Ventilator Market

• Europe Ventilator Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

• Europe Ventilator Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

• Europe Ventilator Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Europe Ventilator Market are also profiled.
Europe Ventilator Market Scope: Inquire before buying



Europe Ventilator Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2029


Historical Data:
2017 to 2021
Market Size in 2021:
US $ 1.15 Bn.


Forecast Period 2022 to 2029 CAGR:
12.5%
Market Size in 2029:
US $ 2.95 Bn.


 Segments Covered:
by Mobility
• Intensive Care Ventilators
o High-end ICU Ventilators
o Mid-end ICU Ventilators
o Basic ICU Ventilators
• Portable/Transportable Ventilators


by Type
• Adult/Pediatric Ventilators
• Neonatal/Infant Ventilators


by Interface
• Invasive Ventilation
• Non-invasive Ventilation


by Mode
• Combined Mode Ventilation
• Volume Mode Ventilation
• Pressure Mode Ventilation
• Others


by End-user
• Hospitals and Clinics
• Home Care
• Ambulatory Care Centers
• Emergency Medical Services (EMS)



Europe Ventilator Market, by Region:
• UK
• Germany
• Russia
• Italy
• France
• Spain
• Rest of Europe
Europe Ventilator Market Key Players:
• Philips Healthcare
• Medtronic
• Getinge
• Dräger
• Smiths Group
• Hamilton Medical
• Fisher & Paykel
• Air Liquide
• Lowenstein Medical
• Servona
• Salva Medical
• Shenzhen Mindray Bio-Medical Electronics Co., Ltd
• Fisher & Paykel Healthcare Limited
• Acutronic Medical Systems AG
• Getinge ABDrägerwerk AG & Co. KGaA
• Cepheid
• Bunnell Incorporated
• Leistung Equipamentos LTDA
• Penlon Limited
• ResMed
• Vyaire
• Zoll Medical MAGNAMED
• HEYER Medical AG
• Allied Healthcare Products, Inc.
• G E Healthcare

Frequently Asked Questions:

1. Which region has the largest share in Europe Ventilator Market?
Ans: United Kingdom region holds the highest share in 2021.

2. What is the growth rate of Europe Ventilator Market?
Ans: The Europe Ventilator Market is growing at a CAGR of 12.5% during forecasting period 2022-2029.

3. What is scope of the Europe Ventilator market report?
Ans: Europe Ventilator 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 Europe Ventilator market?
Ans: The important key players in the Europe Ventilator Market are – Philips Healthcare, Medtronic, Getinge, Dräger, Smiths Group, Hamilton Medical, Fisher & Paykel, Air Liquide, Lowenstein Medical, Servona, Salva Medical, Shenzhen Mindray Bio-Medical Electronics Co., Ltd, Fisher & Paykel Healthcare Limited, Acutronic Medical Systems AG, Getinge ABDrägerwerk AG & Co. KGaA, Cepheid, Bunnell Incorporated, Leistung Equipamentos LTDA, Penlon Limited, ResMed, Vyaire, Zoll Medical MAGNAMED, HEYER Medical AG, Allied Healthcare Products, Inc., and G E Healthcare

5. What is the study period of this market?
Ans: The Europe Ventilator Market is studied from 2021 to 2029.
Geographic Analysis
• Breakdown of UK Ventilator market
• Breakdown of Germany Ventilator market
• Breakdown of Russia Ventilator market
• Breakdown of Italy Ventilator market
• Breakdown of France Ventilator market
• Breakdown of Spain Ventilator market
• Breakdown of Others Ventilator market
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