Global Ventilator Market Industry Trends and Forecast to 2031
Market Report I 2023-12-01 I 236 Pages I Data Bridge Market Research
The Global ventilator market is expected to reach USD 14,613.84 million by 2031 from USD 7,645.11 million in 2023, growing at a CAGR of 8.6% during the forecast period of 2024 to 2031.
Market Segmentation
Global Ventilator Market, By Product Type (Intensive Care Ventilators, Portable Ventilators, and Neonatal Ventilators), Modality (Invasive Ventilation and Non-Invasive Ventilation), Type(Adult Ventilators, Neonatal Ventilators, and Pediatric Ventilators), Mode(Combined-Mode Ventilation, Volume-Mode Ventilation, Pressure-Mode Ventilator, and Other), End User (Hospitals, Specialty Clinics, Homecare Settings, Long Term Care Centers, and Rehabilitation Centers), Country (U.S., Canada, Mexico, Germany, U.K., France, Spain, Italy, Switzerland, Netherlands, Belgium, Russia, Turkey, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia Pacific, Brazil, Rest of South America, South Africa, and Rest of Middle East and Africa) - Industry Trends and Forecast to 2031
Overview of Global Ventilator Market Dynamics
Drivers
- Increasing prevalence of chronic respiratory diseases
- Increasing geriatric population prone to respiratory disorders
Restraint
- Side effects associated with the usage of ventilators
Opportunity
- Increasing healthcare expenditure
Market Players
Some of the major market players operating in the Global ventilator market are:
- Koninklijke Philips N.V.
-GE Healthcare
-VYAIRE
-Dragerwerk AG & Co. KGaA
-Getinge AB
-Medtronic
-Air Liquide
-Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
-Smiths Group plc
-ResMed
-Hamilton Medical
-Fisher & Paykel Healthcare Limited.
-Penlon Limited
-Leistung Equipamentos LTDA
-Zoll Medical Corporation
TABLE OF CONTENTS
1 INTRODUCTION 21
1.1 OBJECTIVES OF THE STUDY 21
1.2 MARKET DEFINITION 21
1.3 OVERVIEW OF THE GLOBAL VENTILATOR MARKET 21
1.4 LIMITATIONS 23
1.5 MARKETS COVERED 23
2 MARKET SEGMENTATION 25
2.1 MARKETS COVERED 25
2.2 GEOGRAPHICAL SCOPE 26
2.3 YEARS CONSIDERED FOR THE STUDY 27
2.4 CURRENCY AND PRICING 27
2.5 DBMR TRIPOD DATA VALIDATION MODEL 28
2.6 MULTIVARIATE MODELLING 31
2.7 PRODUCT TYPE VENTILATOR LIFELINE CURVE 32
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 33
2.9 DBMR MARKET POSITION GRID 34
2.10 SECONDARY SOURCES 35
2.11 ASSUMPTIONS 35
3 EXECUTIVE SUMMARY 36
4 PREMIUM INSIGHTS 39
5 MARKET OVERVIEW 42
5.1 DRIVERS 44
5.1.1 INCREASING PREVALENCE OF CHRONIC RESPIRATORY DISEASES 44
5.1.2 INCREASING GERIATRIC POPULATION PRONE TO RESPIRATORY DISORDERS 45
5.1.3 INCREASING NUMBER OF ICU BED 45
5.1.4 TECHNOLOGICAL ADVANCEMENT IN THE VENTILATORS 46
5.2 RESTRAINTS 47
5.2.1 SIDE EFFECTS ASSOCIATED WITH THE USAGE OF VENTILATORS 47
5.2.2 HIGH COST OF VENTILATORS 48
5.3 OPPORTUNITIES 49
5.3.1 INCREASING HEALTHCARE EXPENDITURE 49
5.3.2 RISING NUMBER OF PREMATURE BIRTHS 51
5.3.3 INCREASING USAGE OF ICU EQUIPMENT 52
5.4 CHALLENGE 53
5.4.1 STRINGENT LEGAL FRAMEWORK 53
5.4.2 RISK ASSOCIATED WITH THE MECHANICAL VENTILATION 54
6 GLOBAL VENTILATOR MARKET, BY PRODUCT TYPE 56
6.1 OVERVIEW 57
6.2 INTENSIVE CARE VENTILATORS 60
6.2.1 HIGH-END ICU VENTILATORS 61
6.2.2 BASIC ICU VENTILATORS 61
6.2.3 MID-END ICU VENTILATORS 61
6.3 PORTABLE VENTILATORS 61
6.4 NEONATAL VENTILATORS 61
7 GLOBAL VENTILATOR MARKET, BY MODALITY 62
7.1 OVERVIEW 63
7.2 INVASIVE VENTILATION 66
7.3 NON-INVASIVE VENTILATION 66
7.3.1 VOLUME-CYCLED VENTILATORS 67
7.3.2 PRESSURE-CYCLED VENTILATORS 67
7.3.3 CONTINUOUS POSITIVE AIRWAY PRESSURE VENTILATORS 67
7.3.4 BI-LEVEL POSITIVE AIRWAY PRESSURE VENTILATORS 67
7.3.5 FLOW-CYCLED VENTILATORS 67
7.3.6 TIME-CYCLED VENTILATORS 67
8 GLOBAL VENTILATOR MARKET, BY VENTILATOR TYPE 68
8.1 OVERVIEW 69
8.2 ADULT VENTILATORS 72
8.3 NEONATAL VENTILATORS 72
8.4 PEDIATRIC VENTILATORS 73
9 GLOBAL VENTILATOR MARKET, BY MODE 74
9.1 OVERVIEW 75
9.2 COMBINED-MODE VENTILATION 78
9.3 VOLUME-MODE VENTILATION 78
9.4 PRESSURE-MODE VENTILATOR 79
9.5 OTHER 79
10 GLOBAL VENTILATOR MARKET, BY END USER 80
10.1 OVERVIEW 81
10.2 HOSPITALS 84
10.3 SPECIALTY CLINICS 84
10.4 HOMECARE SETTINGS 85
10.5 LONG TERM CARE CENTRES 85
10.6 REHABILITATION CENTRES 86
10.7 OTHERS 86
11 GLOBAL VENTILATOR MARKET, BY REGION 87
11.1 OVERVIEW 88
11.2 NORTH AMERICA 91
11.2.1 U.S. 94
11.2.2 CANADA 97
11.2.3 MEXICO 100
11.3 EUROPE 103
11.3.1 U.K. 108
11.3.2 FRANCE 111
11.3.3 SPAIN 114
11.3.4 ITALY 117
11.3.5 SWITZERLAND 120
11.3.6 NETHERLANDS 123
11.3.7 BELGIUM 126
11.3.8 RUSSIA 129
11.3.9 TURKEY 132
11.3.10 REST OF EUROPE 135
11.4 ASIA-PACIFIC 136
11.4.1 JAPAN 139
11.4.2 CHINA 142
11.4.3 INDIA 145
11.4.4 SOUTH KOREA 148
11.4.5 AUSTRALIA 151
11.4.6 SINGAPORE 154
11.4.7 THAILAND 157
11.4.8 MALAYSIA 160
11.4.9 INDONESIA 163
11.4.10 PHILIPPINES 166
11.4.11 REST OF ASIA-PACIFIC 169
11.5 SOUTH AMERICA 170
11.5.1 BRAZIL 173
11.5.2 REST OF SOUTH AMERICA 176
11.6 MIDDLE EAST AND AFRICA 177
11.6.1 SOUTH AFRICA 180
11.6.2 REST OF MIDDLE EAST AND AFRICA 183
12 GLOBAL VENTILATOR MARKET: COMPANY LANDSCAPE 184
12.1 COMPANY SHARE ANALYSIS: GLOBAL 184
13 NORTH AMERICA VENTILATOR MARKET: COMPANY LANDSCAPE 185
13.1 COMPANY SHARE ANALYSIS: NORTH AMERICA 185
14 EUROPE VENTILATOR MARKET: COMPANY LANDSCAPE 186
14.1 COMPANY SHARE ANALYSIS: EUROPE 186
15 ASIA-PACIFIC VENTILATOR MARKET: COMPANY LANDSCAPE 187
15.1 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 187
16 SWOT ANALYSIS 188
17 COMPANY PROFILES 189
17.1 KONINKLIJKE PHILIPS N.V. 189
17.1.1 COMPANY SNAPSHOT 189
17.1.2 REVENUE ANALYSIS 189
17.1.3 COMPANY SHARE ANALYSIS 190
17.1.4 PRODUCT PORTFOLIO 190
17.1.5 RECENT DEVELOPMENT 192
17.2 GE HEALTHCARE 193
17.2.1 COMPANY SNAPSHOT 193
17.2.2 REVENUE ANALYSIS 193
17.2.3 COMPANY SHARE ANALYSIS 194
17.2.4 PRODUCT PORTFOLIO 194
17.2.5 RECENT DEVELOPMENT 194
17.3 VYAIRE 195
17.3.1 COMPANY SNAPSHOT 195
17.3.2 COMPANY SHARE ANALYSIS 195
17.3.3 PRODUCT PORTFOLIO 196
17.3.4 RECENT DEVELOPMENTS 199
17.4 DRAGERWERK AG & CO. KGAA 200
17.4.1 COMPANY SNAPSHOT 200
17.4.2 REVENUE ANALYSIS 200
17.4.3 COMPANY SHARE ANALYSIS 201
17.4.4 PRODUCT PORTFOLIO 201
17.4.5 RECENT DEVELOPMENTS 204
17.5 GETINGE AB 205
17.5.1 COMPANY SNAPSHOT 205
17.5.2 REVENUE ANALYSIS 205
17.5.3 COMPANY SHARE ANALYSIS 206
17.5.4 PRODUCT PORTFOLIO 206
17.5.5 RECENT DEVELOPMENT 207
17.6 AIR LIQUIDE 208
17.6.1 COMPANY SNAPSHOT 208
17.6.2 REVENUE ANALYSIS 208
17.6.3 PRODUCT PORTFOLIO 209
17.6.4 RECENT DEVELOPMENT 210
17.7 FISHER & PAYKEL HEALTHCARE LIMITED 211
17.7.1 COMPANY SNAPSHOT 211
17.7.2 REVENUE ANALYSIS 211
17.7.3 PRODUCT PORTFOLIO 212
17.7.4 RECENT DEVELOPMENTS 212
17.8 HAMILTON MEDICAL 213
17.8.1 COMPANY SNAPSHOT 213
17.8.2 PRODUCT PORTFOLIO 213
17.8.3 RECENT DEVELOPMENTS 215
17.9 LEISTUNG EQUIPAMENTOS LTDA. 216
17.9.1 COMPANY SNAPSHOT 216
17.9.2 PRODUCT PORTFOLIO 216
17.9.3 RECENT DEVELOPMENT 216
17.10 MEDTRONIC 217
17.10.1 COMPANY SNAPSHOT 217
17.10.2 REVENUE ANALYSIS 217
17.10.3 PRODUCT PORTFOLIO 218
17.10.4 RECENT DEVELOPMENTS 219
17.11 PENLON LIMITED 220
17.11.1 COMPANY SNAPSHOT 220
17.11.2 PRODUCT PORTFOLIO 220
17.11.3 RECENT DEVELOPMENT 221
17.12 RESMED 222
17.12.1 COMPANY SNAPSHOT 222
17.12.2 REVENUE ANALYSIS 222
17.12.3 PRODUCT PORTFOLIO 223
17.12.4 RECENT DEVELOPMENTS 224
17.13 SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS CO., LTD. 225
17.13.1 COMPANY SNAPSHOT 225
17.13.2 PRODUCT PORTFOLIO 225
17.13.3 RECENT DEVELOPMENT 227
17.14 SMITHS GROUP PLC 228
17.14.1 COMPANY SNAPSHOT 228
17.14.2 REVENUE ANALYSIS 228
17.14.3 PRODUCT PORTFOLIO 229
17.14.4 RECENT DEVELOPMENT 230
17.15 ZOLL MEDICAL CORPORATION 231
17.15.1 COMPANY SNAPSHOT 231
17.15.2 PRODUCT PORTFOLIO 231
17.15.3 RECENT DEVELOPMENT 232
18 QUESTIONNAIRE 233
19 RELATED REPORTS 236
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