Mechanical Ventilators Market by Product Type (Critical Care, Neonatal), by Mode (Non-invasive, Invasive), by Application (Hospital & Clinical, Home Care, Ambulatory Surgical Center), by Region (North America, Asia Pacific, Europe, Middle East and Africa, South America) – Global Forecast 2020 to 2027

Mechanical Ventilators Market - Global Industry Analysis and Forecast 2020 to 2027

Mechanical Ventilators Market: Summary

The Global Mechanical Ventilators Market is projected to reach a value of over USD 7.3billion by 2027 at a CAGR of around 10.6%.

Mechanical Ventilatorsare devices which help to manage the breathing problem in patients, by delivering high concentration of oxygen to lungs. Though an endotracheal tube patient is directly connected to ventilator through which oxygen is supplied to the body.  It is also a diagnostic tool used to measure static compliance of airway resistance and irregular functioning of respiratory system. Mechanical ventilator plays a vital role in reducing the amount of energy that patient uses during breathing, and patients body can focus on recovering from infections.  

Mechanical Ventilators Market

Mechanical Ventilators Market: Drivers & Restraints

Market Driver:

  • Increasing Number of ICU Admission Due to COVID-19

Over the past few months the ongoing COVID-19 pandemic has resulted increase in number of ICU admission which has resulted in demand for mechanical ventilators. According to World Health Organization (WHO), as of August 2020 the total confirmed cases of COVID-19 are 20.4 million across the globe. Exponential rise in COVID-19 cases has generated need for long and short term respiratory support. Additionally, rising proportion of critical care beds coupled with breathing related emergencies among elderly population will enhance the need for ventilators. Thus, the unpredictable dawn of COVID-19 pandemic has anticipated increasing the demand for mechanical ventilators resulting in growth of market during the forecasted period. 

Market Restraints:

  • High Cost of Mechanical Ventilators

Mechanical ventilators are device that are used to help patient manage breathing by maintaining their oxygen level. As these devices helps to patients to survive in their critical condition, they need to be designed with more accuracy and precision. Thus, manufacturing of the devices requires precision equipment such as expiratory pressure regulator, gas accumulator, inspiratory flow regulator, and other which are costly. Thus, high cost of mechanical ventilators may hinder the growth of market to some extent.

Mechanical Ventilators Market: Key Segments

  • Segmentation based on product type: Critical Care, Neonatal, Transport & Portable, and Others.
  • Segmentation based on mode: Non-invasive ventilation, and Invasive ventilation.
  • Segmentation based on application: Hospital & Clinical, Home Care, Ambulatory Surgical Center, and Others.
  • Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.

Mechanical Ventilators Market: Report Scope

The report on the mechanical ventilators market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2019-2027

Base Year for Market Calculation

2020

Forecasted Period

2021-2027 (2021 estimated year, forecasted up to 2027)

Measured Units

Value (USD Million), Volume (Unit)

Regional Coverage

North America, Asia-Pacific, Europe, Middle East & Africa, South America

Key Companies Covered

  • GENERAL ELECTRIC COMPANY (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • ZOLL Medical Corporation
  • Teleflex Incorporated
  • VYAIRE
  • Dragerwerk AG & Co. KGaA
  • Medtronic plc
  • Koninklijke Philips N.V.
  • Smiths Medical
  • ResMed Inc.
  • Bunnell Inc.
  • Getinge AB.
  • Carl Reiner GmbH
  • Becton
  • Other Key Companies

Mechanical VentilatorsMarket: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Mechanical Ventilators Market, by Product Type

  • Critical Care
  • Neonatal
  • Transport & Portable
  • Others

Mechanical Ventilators Market, by Mode

  • Non-invasive Ventilation
  • Invasive Ventilation

Mechanical Ventilators Market, by Application

  • Hospital & Clinical
  • Home Care
  • Ambulatory Surgical Center
  • Others

Mechanical Ventilators Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions Answered By The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Report Audience

  • Mechanical Ventilators Market Providers
  • Mechanical Ventilators Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Mechanical Ventilators Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE MECHANICAL VENTILATORS MARKET STUDY

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Increasing Number of ICU Admissions Due to COVID-19
      2. Increasing Disposable Income & Changing Lifestyle
    3. Restraint
      1. High Cost of Mechanical Ventilators
    4. Opportunities
      1. Technological Development in Mechanical Ventilator Devices
    5. Challenges
      1. Risks Associated with the Use of Ventilators
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. GLOBAL MECHANICAL VENTILATORS MARKET BY PRODUCT TYPE, Market Size in USD Million & Volume in Unit(2019-2027)
    1. Introduction
    2. Critical Care
    3. Neonatal
    4. Transport & Portable
    5. Others
  7. GLOBAL MECHANICAL VENTILATORS MARKET BY MODE, Market Size in USD Million & Volume in Unit(2019-2027)
    1. Introduction
    2. Non-invasive ventilation
    3. Invasive ventilation
  8. GLOBAL MECHANICAL VENTILATORS MARKET BY APPLICATION, Market Size in USD Million & Volume in Unit(2019-2027)
    1. Introduction
    2. Hospital & Clinical
    3. Home Care
    4. Ambulatory Surgical Center
    5. Others
  9. GLOBAL MECHANICAL VENTILATORS MARKET BY REGION, Market Size in USD Million &Volume in Unit(2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  10. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  11. COMPANY PROFILES
    1. GENERAL ELECTRIC COMPANY
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
    2. ZOLL Medical Corporation
    3. Teleflex Incorporated
    4. VYAIRE
    5. Dragerwerk AG & Co. KGaA
    6. Medtronic plc
    7. Koninklijke Philips N.V.
    8. ResMed Inc.
    9. Bunnell Inc.
    10. Getinge AB.
    11. Carl Reiner GmbH
    12. Becton
    13. Medtronic Plc.
    14. Smiths Group Plc
    15. Other Key Companies
  12. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

 

Rep Id : HC 031

Published : August, 2020


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