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Global Ventilators Market: By Mobility: Intensive Care Ventilators, Portable/Transportable Ventilators; By Interface: Invasive Ventilation, Non-Invasive Ventilation; By Type; By Mode; By End User; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: Swot Analysis; Competitive Landscape; Industry Events and Developments
Global Ventilators Market Outlook
The global ventilators market attained a value of about USD 5.1 billion in 2020.
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The Rise in Geriatric Population and Novel Coronavirus (COVID-19) has led to a Rise in Demand for Ventilators
Coronavirus has spread across the globe and affected millions of people. Due to the COVID-19 outbreak, the need for ventilators has increased drastically as corona-infected people generally suffer from respiration problems. The global market for transport and intensive care ventilators has witnessed remarkable growth in 2020, which explains the sudden surge due to the COVID-19.
However, due to decrease in COVID-19 cases in the post-pandemic situation, ventilators industry is expected to witness a slight decline compared to pandemic time levels. Another key driver of the market is rise in the geriatric population; the geriatric population is on the rise worldwide, which, in turn, is expected to aid the ventilators industry in the forecast period.
Ventilators: Market Segmentation
A ventilator is a machine that assists a patient to breathe by blowing air into the lungs (exchange of oxygen and carbon dioxide). Ventilation is an artificial respiration process.
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On the basis of mobility, the market can be divided into:
- Intensive Care Ventilators
- High-End ICU Ventilators
- Mid-End ICU Ventilators
- Basic ICU Ventilators
- Portable/Transportable Ventilators
Based on interface, the market can be divided into:
- Invasive Ventilation
- Non-Invasive Ventilation
On the basis of type, the market can be segmented into:
- Adult/Pediatric Ventilators
- Infant/Neonatal Ventilators
On the basis of mode, the market can be segmented into:
- Combined-Mode Ventilation
- Pressure-Mode Ventilation
- Volume-Mode Ventilation
- Others
On the basis of end user, the market can be segmented into:
- Hospitals and Clinics
- Home care
- Ambulatory Care Centres
- Emergency Medical Services
The EMR report looks into the regional markets for ventilators like North America, Europe, the Asia pacific, Latin America, and the Middle East and Africa.
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Rise in Respiratory Related Problems is Expected to Augment the Market Growth
Chronic obstructive pulmonary disease (COPD) and asthma are the most widespread respiratory disorders across the globe. And according to the World Health Organisation (WHO), chronic obstructive pulmonary disease (COPD) is the third most leading cause of death worldwide, causing nearly about 3.23 million deaths in 2019, which is expected to aid the market growth. Lung-related problems have been on the rise, owing to change in lifestyle and increase in air pollution. Due to heightened stress levels because of work life, people are inclining towards smoking and drugs. All these unhealthy habits and air pollution is leading to lung-related diseases. This, in turn, is expected to boost the market growth for the ventilators. Furthermore, a rise in healthcare awareness and disposable incomes in the emerging economies is also expected to augment the global ventilators industry in the forecast period.
Key Industry Players in the Global Ventilators Market
The report presents a detailed analysis of the following key players in the global ventilators market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Philips Healthcare
- ResMed Corp.
- Medtronic plc
- Vyaire Medical Inc.
- Smiths Group plc
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Mobility, Interface, Type, Mode, End User, Region |
| Breakup by Mobility | Intensive Care Ventilators, Portable/Transportable Ventilators |
| Breakup by Interface | Invasive Ventilation, Non-Invasive Ventilation |
| Breakup by Type | Adult/Paediatric Ventilators, Infant/Neonatal Ventilators |
| Breakup by Mode | Combined-Mode Ventilation, Pressure-Mode Ventilation, Volume-Mode Ventilation, Others |
| Breakup by End User | Hospitals and Clinics, Home Care, Ambulatory Care Centres, Emergency Medical Services |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Philips Healthcare, ResMed Corp., Medtronic plc, Vyaire Medical Inc., Smiths Group plc, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Ventilators Market Analysis
8.1 Key Industry Highlights
8.2 Global Ventilators Historical Market (2018-2022)
8.3 Global Ventilators Market Forecast (2023-2028)
8.4 Global Ventilators Market by Mobility
8.4.1 Intensive Care Ventilators
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.1.4 Breakup by Type
8.4.1.4.1 High-End ICU Ventilators
8.4.1.4.2 Mid-End ICU Ventilators
8.4.1.4.3 Basic ICU Ventilators
8.4.2 Portable/Transportable Ventilators
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Ventilators Market by Interface
8.5.1 Invasive Ventilation
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Non-Invasive Ventilation
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 Global Ventilators Market by Type
8.6.1 Adult/Paediatric Ventilators
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Infant/Neonatal Ventilators
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.7 Global Ventilators Market by Mode
8.7.1 Combined-Mode Ventilation
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Pressure-Mode Ventilation
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Volume-Mode Ventilation
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Others
8.8 Global Ventilators Market by End User
8.8.1 Hospitals and Clinics
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Home Care
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.8.3 Ambulatory Care Centres
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2022)
8.8.3.3 Forecast Trend (2023-2028)
8.8.4 Emergency Medical Services
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2022)
8.8.4.3 Forecast Trend (2023-2028)
8.9 Global Ventilators Market by Region
8.9.1 Market Share
8.9.1.1 North America
8.9.1.2 Europe
8.9.1.3 Asia Pacific
8.9.1.4 Latin America
8.9.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Philips Healthcare
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 ResMed Corp.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Medtronic plc
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Vyaire Medical Inc.
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Smiths Group plc
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Others
14 Industry Events and Developments
List of Key Figures and Tables
1. Global Ventilators Market: Key Industry Highlights, 2018 and 2028
2. Global Ventilators Historical Market: Breakup by Mobility (USD Billion), 2018-2022
3. Global Ventilators Market Forecast: Breakup by Mobility (USD Billion), 2023-2028
4. Global Ventilators Historical Market: Breakup by Interface (USD Billion), 2018-2022
5. Global Ventilators Market Forecast: Breakup by Interface (USD Billion), 2023-2028
6. Global Ventilators Historical Market: Breakup by Type (USD Billion), 2018-2022
7. Global Ventilators Market Forecast: Breakup by Type (USD Billion), 2023-2028
8. Global Ventilators Historical Market: Breakup by Mode (USD Billion), 2018-2022
9. Global Ventilators Market Forecast: Breakup by Mode (USD Billion), 2023-2028
10. Global Ventilators Historical Market: Breakup by End User (USD Billion), 2018-2022
11. Global Ventilators Market Forecast: Breakup by End User (USD Billion), 2023-2028
12. Global Ventilators Historical Market: Breakup by Region (USD Billion), 2018-2022
13. Global Ventilators Market Forecast: Breakup by Region (USD Billion), 2023-2028
14. North America Ventilators Historical Market: Breakup by Country (USD Billion), 2018-2022
15. North America Ventilators Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Europe Ventilators Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Europe Ventilators Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Asia Pacific Ventilators Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Asia Pacific Ventilators Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Latin America Ventilators Historical Market: Breakup by Country (USD Billion), 2018-2022
21. Latin America Ventilators Market Forecast: Breakup by Country (USD Billion), 2023-2028
22. Middle East and Africa Ventilators Historical Market: Breakup by Country (USD Billion), 2018-2022
23. Middle East and Africa Ventilators Market Forecast: Breakup by Country (USD Billion), 2023-2028
24. North America Historical Price Trends and Forecast 2018-2028
25. Europe Historical Price Trends and Forecast 2018-2028
26. Asia Pacific Historical Price Trends and Forecast 2018-2028
27. Latin America Historical Price Trends and Forecast 2018-2028
28. Middle East and Africa Historical Price Trends and Forecast 2018-2028
29. Global Ventilators Market Structure
Key Questions Answered in the Report
The global ventilators market attained a value of about USD 5.1 billion in 2020.
Rise in respiratory-related problems and geriatric population are the major drivers of the market.
The market is expected to be guided by the technological advancements in the upcoming years.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The market on the basis of mobility, can be divided into intensive care ventilators and portable/transportable ventilators.
Based on interface, the market can be segmented into invasive ventilation and non-invasive ventilation.
The various types of ventilators in the industry are adult/paediatric ventilators and infant/neonatal ventilators.
On the basis of mode, the market can be segmented into combined-mode ventilation, pressure-mode ventilation, and volume-mode ventilation, among others.
The various end users of ventilators in the industry are hospitals and clinics, home care, ambulatory care centres, and emergency medical services.
The major players in the industry are Philips Healthcare, ResMed Corp., Medtronic plc, Vyaire Medical Inc., and Smiths Group plc, among others.
Analyst Review
The global ventilators market attained a value of about USD 5.1 billion in 2020, driven by the COVID-19 outbreak. Aided by the growing technological advancements, the market is expected to witness a further growth in the forecast period of 2023-2028.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on mobility, the global ventilators industry can be segmented intensive care ventilators and portable/transportable ventilators. Based on interface, the market can be segmented into invasive ventilation and non-invasive ventilation. On the basis of type, the market can be divided adult/paediatric ventilators and infant/neonatal ventilators. On the basis of mode, the global market can be segmented into combined-mode ventilation, pressure-mode ventilation, and volume-mode ventilation, among others. Based on end user, the market can be segmented into hospitals and clinics, home care, ambulatory care centres, and emergency medical services. The major regional markets for ventilators are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Philips Healthcare, ResMed Corp., Medtronic plc, Vyaire Medical Inc., and Smiths Group plc, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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