Global ventilators market size to record substantial growth over 2020-2026

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Selbyville, Delaware, May 12, 2021 (GLOBE NEWSWIRE) — As per experts, global ventilators market size is projected to showcase an appreciable growth rate during 2020-2026, owing to increasing incidences of preterm births, growing burden of chronic and infectious diseases, and booming aging population.  Apart from this, rising number of intensive care units (ICU) and ICU beds additions across the globe, especially in emerging economies with developing healthcare infrastructure, is positively affecting the market dynamics.

Moving ahead, the research literature evaluates the vertical in terms of age group, administration, portability, mode, end user scope, and regional terrain to reveal the key areas for investment during the study period. Lastly, it presents a 360-degree outlook of the leading industry players with respect to their financials, product/service portfolio, and major developments like mergers, partnerships, and investments.

Notably, the ventilator is a life-saving device for people who are unable to breathe due to severe conditions such as asthma or respiratory syndrome. Rapid urbanization and increasing carbon emissions have increased risk of such chronic diseases, subsequently enhancing the overall market outlook. Moreover, rising readmission rate of affected patients is expanding the market size.

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Despite the upward trajectory of worldwide ventilators industry, issues with management of supply chain concerning the medical product’s parts, and problems associated with the usage of mechanical ventilators are negatively impacting the business expansion. Moreover, adverse effects of specific devices on newborn children are also hampering the remuneration scope of the industry.

Market segmentation overview

Based on age group, global ventilators industry is fragmented into combined, neonates, and adult. Elaborating on administration, the market is split into non-invasive and invasive. Speaking of portability, the market is bifurcated into portable/transportable ventilators and non-portable ventilators.

Moving on to mode, the sub-market are pressure mode ventilation, volume mode ventilation, and combined mode ventilation. With respect to end user scope, the market is categorized into emergency medical service, ambulatory care centers, home care, and hospitals & clinics.

Competitive arena summary

Key players swaying global ventilators market dynamics are Smiths Group plc, Hamilton Medical, GE Healthcare, Vyaire Medical Inc., Air Liquide Group, Asahi Kasei Corporation, Getinge AB, Nihon Kohden Corporation, Drägerwerk AG & CoKGaA, Fisher & Paykel Healthcare Corporation Limited, Medtronic plc, ResMed Inc., and Philips Healthcare. These healthcare majors are focus employing strategies like partnerships, and investments to attain a larger share of the industry.
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Global Ventilators Market by Age Group (Value, 2018-2026)

Global Ventilators Market by Administration Type (Value, 2018-2026)

Global Ventilators Market by Portability (Value, 2018-2026)

  • Portable/Transportable Ventilators
  • Non-portable  

Global Ventilators Market by Mode (Value, 2018-2026)

  • Pressure Mode Ventilation
  • Volume Mode Ventilation
    Combined Mode Ventilation

Global Ventilators Market by End-User Scope (Value, 2018-2026)

  • Emergency Medical Service·Ambulatory Care Centers
    ·Home Care
    ·Hospitals and Clinics


Global Ventilators Market Geographical Bifurcation (Value, 2018-2026)

United States

Europe

  • United Kingdom
  • France
  • Italy
  • Spain
  • Germany

Japan

Global Ventilators Market Top Vendors (Value, USD Billion, 2018-2026)

  • Smiths Group plc
  • Hamilton Medical
  • GE Healthcare
  • Vyaire Medical Inc
  • Air Liquide Group
  • Asahi Kasei Corporation
  • Getinge AB
  • Nihon Kohden Corporation
  • Drägerwerk AG & CoKGaA
  • Fisher & Paykel Healthcare Corporation Limited
  • Medtronic plc
  • ResMed Inc.
  • Philips Healthcare

Table of Content:

1.  Key Insights

2.  Executive Summary of Ventilators

3.  Ventilators: Background and Overview

3.1. Introduction

4.  Ventilators: Regulatory Scenario

5.  Ventilators: Reimbursement Scenario

6.  Company Profiles

6.1. GE Healthcare

6.1.1. Company Overview

6.1.2 Product Portfolio

6.1.2.1 Product description

6.1.2.2 Regulatory Milestones

6.1.2.3 Research and Development

6.1.2.4 Product Development Activities

6.2. Medtronic

6.2.1.Company Overview

6.2.2 Product Portfolio

6.2.2.1 Product description

6.2.2.2 Regulatory Milestones

6.2.2.3 Research and Development

6.2.2.4 Product Development Activities

Products detail in the report???

7. Ventilators: Competitive Analysis

8. KOL Views

9. Ventilators: Market Analysis in 7MM

9.1. Ventilators: Market Analysis in 7MM by Age group (2018-2026)

9.2. Ventilators: Market Analysis in 7MM by Administration (2018-2026)

9.3. Ventilators: Market Analysis in 7MM by Portability (2018-2026)

9.4. Ventilators: Market Analysis in 7MM by Mode (2018-2026)

9.5. Ventilators: Market Analysis n 7MM by End-users (2018-2026)

10. Country-Wise Market size of Ventilators in 7MM (2018-2026)

10.1. Market size of Ventilators in the United States

10.2. Market size of Ventilators in France

10.3. Market size of Ventilators in Italy

10.4. Market size of Ventilators in the UK

10.5. Market size of Ventilators in Spain

Related Report:

Mechanical Ventilators Market Size, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026

The mechanical ventilators market is projected to witness momentous growth over the upcoming years owing to a tremendous rise in demand owing to the global COVID-19 pandemic. Mechanical ventilators are machines that help patients breathe in case they are unable to breathe on their own. Several illnesses possess the ability to make a person lose lung control, making ventilators a must-have medical equipment across hospitals and healthcare facilities.

Mechanical ventilators are typically used on patients when they have just undergone surgery or are not able to breathe property on their own owing to a critical disease. A patient is linked to a mechanical ventilator using a hollow tube to form an artificial airway that goes into the patient’s mouth. The hollow tube goes all the way down into the patient’s trachea or main airway. Patients typically remain connected to the ventilator up until they are able to improve enough to be able to breathe on their own. From a regional reference-frame the Latin America market was valued at more than USD 87 million in 2018 and is projected to grow at more than 9.5% over the projected time period. The MEA market was valued at more than USD 97 million in 2018 and estimated to expand at a CAGR of more than 16.5% throughout the projected timeframe.

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