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Global Mechanical Ventilator Market Report and Forecast 2024-2032

Publisher Expert Market Research
Published Feb 10, 2024
Length 160 Pages
SKU # EMAR18558274

Description

Global Mechanical Ventilator Market Report and Forecast 2024-2032


Global Mechanical Ventilator Market Report and Forecast 2024-2032

Global Mechanical Ventilator Market Outlook

The global mechanical ventilator market size was valued at USD 4.7 billion in 2023, driven by increase in demand for ventilator across the globe. The market size is anticipated to grow at a CAGR of 8.5% during the forecast period of 2024-2032 to achieve a value of USD 9.8 billion by 2032.

Mechanical Ventilator: Introduction

A medical ventilator is a life-saving machine that supports or replaces breathing by moving air into and out of the lungs. It's essential in critical care for patients who are unable to breathe adequately on their own, often due to illness, surgery, or trauma. Ventilators are equipped with various modes and settings to meet individual patient needs, ensuring precise oxygen and airflow management to maintain vital respiratory function during medical treatment or recovery.

Key Trends in the Global Mechanical Ventilator Market

Continuous innovation is leading to the development of more sophisticated, user-friendly, and efficient ventilators, enhancing patient care and operational efficiency in healthcare settings.

The COVID-19 pandemic significantly raised awareness and demand for ventilators. Although the immediate surge has stabilized, the pandemic underscored the importance of having robust and responsive ventilator supply chains and manufacturing capabilities.

ncreasing prevalence of respiratory diseases like COPD (Chronic Obstructive Pulmonary Disease) and asthma is driving the demand for ventilators used in long-term care settings and home care.

There's a growing trend of treating patients in home settings to reduce hospital stay durations and healthcare costs. This is leading to increased demand for portable and user-friendly ventilators suitable for home use.

Integration of ventilators with healthcare IT systems for better monitoring, data analysis, and patient management is a growing trend, enhancing the overall quality of care and operational efficiency.

Changes in regulatory policies and reimbursement rates for ventilator use in various healthcare settings are influencing market dynamics, impacting both the supply and demand sides of the market.

Global Mechanical Ventilator Market Segmentation

Market Breakup by Product Type
  • Critical Care
  • Ventilators
  • Accessories
  • Neonatal
  • Ventilators
  • Accessories
  • Transport and Portable
  • Ventilators
  • Accessories
  • Others
Market Breakup by Mode
  • Invasive
  • Non-invasive
Market Breakup by End User
  • Hospitals
  • Home Healthcare
  • Others
Market Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Global Mechanical Ventilator Market Overview

North America leads in the market due to advanced healthcare infrastructure, high prevalence of respiratory conditions, and significant investments in healthcare technology. The region's response to healthcare emergencies, such as the COVID-19 pandemic, may also influence the demand and innovation in medical ventilators.

Europe shows robust market presence with strong healthcare systems, substantial investment in healthcare technology, and a focus on research and development. Countries like Germany, the UK, and France might be significant contributors due to their advanced healthcare facilities and technology adoption.

Asia-Pacific experiences rapid growth, driven by improving healthcare infrastructure, increasing healthcare expenditure, and rising awareness about respiratory health. Countries like China, Japan, and India are likely key markets, with a growing demand for advanced medical technologies, including ventilators.

Latin America is an emerging market with increasing investment in healthcare infrastructure and growing awareness about advanced medical care. The demand for medical ventilators might be influenced by efforts to improve critical care facilities and address respiratory diseases.

Middle East & Africa shows gradual growth with increasing investment in healthcare infrastructure and a rising emphasis on improving healthcare facilities. The market growth in these regions may be influenced by urban development and healthcare reforms.

Global Mechanical Ventilator Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
  • Getinge AB
  • Medtronic PLC
  • Koninklijke Philips NV
  • Smith’s Medical
  • ResMed Inc.
  • Dragerwerk AG & Co. KGaA
  • GE Healthcare
  • Mindray Medical International Limited
  • Nihon Kohden Corporation
  • Vyaire Medical Inc.
  • Abbott
  • Boston Scientific Corporation
  • Biotronik
  • ZOLL Medical Corporation
  • Nihon Kohden Corporation
We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

*Please Note:* The report will take 7 business days to complete, after order confirmation.

Table of Contents

160 Pages
1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Mechanical Ventilator Market Overview
3.1 Global Mechanical Ventilator Market Historical Value (2017-2023)
3.2 Global Mechanical Ventilator Market Forecast Value (2024-2032)
4 Global Mechanical Ventilator Market Landscape
4.1 Global Mechanical Ventilator Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Global Mechanical Ventilator Product Landscape
4.2.1 Analysis by Type
4.2.2 Analysis by Technology
5 Global Mechanical Ventilator Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global Mechanical Ventilator Market Segmentation
6.1 Global Mechanical Ventilator Market by Product Type
6.1.1 Market Overview
6.1.2 Critical Care
6.1.2.1 Ventilators
6.1.2.2 Accessories
6.1.3 Neonatal
6.1.3.1 Ventilators
6.1.3.2 Accessories
6.1.4 Transport and Portable
6.1.4.1 Ventilators
6.1.4.2 Accessories
6.1.5 Others
6.2 Global Mechanical Ventilator Market by Mode
6.2.1 Market Overview
6.2.2 Invasive
6.2.3 Non-invasive
6.3 Global Mechanical Ventilator Market by End User
6.3.1 Market Overview
6.3.2 Hospitals
6.3.3 Home Healthcare
6.3.4 Others
6.4 Global Mechanical Ventilator Market by Region
6.4.1 Market Overview
6.4.2 North America
6.4.3 Europe
6.4.4 Asia Pacific
6.4.5 Latin America
6.4.6 Middle East and Africa
7 North America Mechanical Ventilator Market
7.1 Market Share by Country
7.2 United States of America
7.3 Canada
8 Europe Mechanical Ventilator Market
8.1 Market Share by Country
8.2 United Kingdom
8.3 Germany
8.4 France
8.5 Italy
8.6 Others
9 Asia Pacific Mechanical Ventilator Market
9.1 Market Share by Country
9.2 China
9.3 Japan
9.4 India
9.5 ASEAN
9.6 Australia
9.7 Others
10 Latin America Mechanical Ventilator Market
10.1 Market Share by Country
10.2 Brazil
10.3 Argentina
10.4 Mexico
10.5 Others
11 Middle East and Africa Mechanical Ventilator Market
11.1 Market Share by Country
11.2 Saudi Arabia
11.3 United Arab Emirates
11.4 Nigeria
11.5 South Africa
11.6 Others
12 Patent Analysis
12.1 Analysis by Type of Patent
12.2 Analysis by Publication year
12.3 Analysis by Issuing Authority
12.4 Analysis by Patent Age
12.5 Analysis by CPC Analysis
12.6 Analysis by Patent Valuation
12.7 Analysis by Key Players
13 Grants Analysis
13.1 Analysis by year
13.2 Analysis by Amount Awarded
13.3 Analysis by Issuing Authority
13.4 Analysis by Grant Application
13.5 Analysis by Funding Institute
13.6 Analysis by NIH Departments
13.7 Analysis by Recipient Organization
14 Funding Analysis
14.1 Analysis by Funding Instances
14.2 Analysis by Type of Funding
14.3 Analysis by Funding Amount
14.4 Analysis by Leading Players
14.5 Analysis by Leading Investors
14.6 Analysis by Geography
15 Partnership and Collaborations Analysis
15.1 Analysis by Partnership Instances
15.2 Analysis by Type of Partnership
15.3 Analysis by Leading Players
15.4 Analysis by Geography
16 Regulatory Framework
16.1 Regulatory Overview
16.1.1 US FDA
16.1.2 EU EMA
16.1.3 INDIA CDSCO
16.1.4 JAPAN PMDA
16.1.5 Others
17 Supplier Landscape
17.1 Getinge AB
17.1.1 Financial Analysis
17.1.2 Product Portfolio
17.1.3 Demographic Reach and Achievements
17.1.4 Mergers and Acquisition
17.1.5 Certifications
17.2 Medtronic PLC
17.2.1 Financial Analysis
17.2.2 Product Portfolio
17.2.3 Demographic Reach and Achievements
17.2.4 Mergers and Acquisition
17.2.5 Certifications
17.3 Koninklijke Philips NV
17.3.1 Financial Analysis
17.3.2 Product Portfolio
17.3.3 Demographic Reach and Achievements
17.3.4 Mergers and Acquisition
17.3.5 Certifications
17.4 Smith’s Medical
17.4.1 Financial Analysis
17.4.2 Product Portfolio
17.4.3 Demographic Reach and Achievements
17.4.4 Mergers and Acquisition
17.4.5 Certifications
17.5 ResMed Inc.
17.5.1 Financial Analysis
17.5.2 Product Portfolio
17.5.3 Demographic Reach and Achievements
17.5.4 Mergers and Acquisition
17.5.5 Certifications
17.6 Dragerwerk AG & Co. KGaA
17.6.1 Financial Analysis
17.6.2 Product Portfolio
17.6.3 Demographic Reach and Achievements
17.6.4 Mergers and Acquisition
17.6.5 Certifications
17.7 GE Healthcare
17.7.1 Financial Analysis
17.7.2 Product Portfolio
17.7.3 Demographic Reach and Achievements
17.7.4 Mergers and Acquisition
17.7.5 Certifications
17.8 Mindray Medical International Limited
17.8.1 Financial Analysis
17.8.2 Product Portfolio
17.8.3 Demographic Reach and Achievements
17.8.4 Mergers and Acquisition
17.8.5 Certifications
17.9 Nihon Kohden Corporation
17.9.1 Financial Analysis
17.9.2 Product Portfolio
17.9.3 Demographic Reach and Achievements
17.9.4 Mergers and Acquisition
17.9.5 Certifications
17.10 Vyaire Medical Inc.
17.10.1 Financial Analysis
17.10.2 Product Portfolio
17.10.3 Demographic Reach and Achievements
17.10.4 Mergers and Acquisition
17.10.5 Certifications
17.11 Abbott
17.11.1 Financial Analysis
17.11.2 Product Portfolio
17.11.3 Demographic Reach and Achievements
17.11.4 Mergers and Acquisition
17.11.5 Certifications
17.12 Boston Scientific Corporation
17.12.1 Financial Analysis
17.12.2 Product Portfolio
17.12.3 Demographic Reach and Achievements
17.12.4 Mergers and Acquisition
17.12.5 Certifications
17.13 Biotronik
17.13.1 Financial Analysis
17.13.2 Product Portfolio
17.13.3 Demographic Reach and Achievements
17.13.4 Mergers and Acquisition
17.13.5 Certifications
17.14 ZOLL Medical Corporation
17.14.1 Financial Analysis
17.14.2 Product Portfolio
17.14.3 Demographic Reach and Achievements
17.14.4 Mergers and Acquisition
17.14.5 Certifications
17.15 Nihon Kohden Corporation
17.15.1 Financial Analysis
17.15.2 Product Portfolio
17.15.3 Demographic Reach and Achievements
17.15.4 Mergers and Acquisition
17.15.5 Certifications
18 Global Mechanical Ventilator Market - Distribution Model (Additional Insight)
18.1 Overview
18.2 Potential Distributors
18.3 Key Parameters for Distribution Partner Assessment
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket
*Additional insights provided are customisable as per client requirements.

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