Product Code: r3399
“Mechanical Ventilator Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on mechanical ventilator market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for mechanical ventilator? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The mechanical ventilator market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
* The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
* The impact of higher inflation in many countries and the resulting spike in interest rates.
* The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
- 1) By Type: Adult Ventilators; Pediatric Ventilators; Neonatal/ Infant Ventilators
- 2) By Mobility: Intensive Care Ventilators; High-End ICU Ventilators; Mid-End ICU Ventilators; Basic ICU Ventilators; Portable Ventilators
- 3) By Mode Of Ventilation: Invasive Ventilation; Non-Invasive Ventilation
- 4) By End-User: Hospitals and Clinics; Home Care; Ambulatory Care Centers; Emergency Medical Service; Other End-Users
- Companies Mentioned: Acoma Medical Industry Co. Ltd.; Air Liquide; Allied Healthcare Products Inc.; Bio-Med Devices Inc.; Drager
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery Format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the mechanical ventilator market are: Acoma Medical Industry Co. Ltd., Air Liquide, Allied Healthcare Products Inc., Bio-Med Devices Inc., Drager, GE Healthcare, Getinge, Hamilton Medical, Medtronic, ResMed, Airon Corporation, aXcent Medical GmbH, Bunnell Inc., Carl Reiner GmbH, Fisher & Paykel Healthcare Limited, Hill-Rom Holdings Inc., and Koninklijke Philips N.V.
The global mechanical ventilator market grew from $6.9 billion in 2022 to $7.67 billion in 2023 at a compound annual growth rate (CAGR) of 11.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The mechanical ventilator market is expected to grow to $12.37 billion in 2027 at a CAGR of 12.7%.
The mechanical ventilator market consists of sales of negative pressure ventilators and positive pressure ventilators. Values in this market are: 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
A mechanical ventilator is a machine that automatically performs all or part of the effort required to transport gas into and out of the lungs. It helps a person to breathe when they find it difficult to breathe on their own.
North America was the largest region in the mechanical ventilator market in 2022. The regions covered in the mechanical ventilator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The main types of mechanical ventilators include adult ventilators, pediatric ventilators, and neonatal/ infant ventilators. Adult ventilators offer invasive and non-invasive ventilation for adults. The different mechanical ventilator mobility types include intensive care ventilators, high-end ICU ventilators, mid-end ICU ventilators, basic ICU ventilators, and portable ventilators. The different modes of ventilation include invasive ventilation and non-invasive ventilation for end-users including hospitals and clinics, home care, ambulatory care centers, emergency medical service, and other end-users.
Improving healthcare infrastructure is expected to propel the growth of the mechanical ventilator market. Healthcare infrastructure is referred to as a foundation for planning, evaluating, delivering, and implementing improvements in public health. The outbreak of the COVID-19 pandemic has increased the need for infrastructure readiness and the demand for improved healthcare facilities. Many hospitals are increasing their capacity of mechanical ventilators to tackle the urgent need without facing a shortage of medical devices for treatment in an emergency. For instance, in June 2021, the government of India planned an INR 50,000 crore ($6.8 billion) program to boost health infrastructure in the country. Therefore, the improving healthcare infrastructure is driving the growth of the mechanical ventilator market.
Product innovation is a key trend gaining popularity in the mechanical ventilator market. Companies are investing in the research and development of new products to automate the mechanical ventilators based on frequency, assist control, and time to minimize the ventilator work. For instance, in January 2022, OES Medical, a UK based-manufacturer of anesthesia equipment and accessories, launched Gemini-G100, an electrically driven piston ICU ventilator. The new Gemini-G100 is designed to assist intensive care teams worldwide, where the high-pressure oxygen gas supplies are problematic. It only requires electric power and doesn't place any demand on the oxygen supply within the hospital.
In March 2020, Masimo, a US-based medical technology company, entered into a definitive agreement to acquire TNI Medical, for an undisclosed amount. Through this acquisition, Masimo aims at capitalizing on TNI's novel softFlow technology on its softFlow technology, which provides high flow, humidified, and warmed respiratory gases for patients having critical pulmonary conditions. TNI Medical AG is a Germany-based medical devices company.
The countries covered in the mechanical ventilator market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The mechanical ventilator market research report is one of a series of new reports from The Business Research Company that provides mechanical ventilator market statistics, including mechanical ventilator industry global market size, regional shares, competitors with a mechanical ventilator market share, detailed mechanical ventilator market segments, market trends and opportunities, and any further data you may need to thrive in the mechanical ventilator industry. This mechanical ventilator market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
Table of Contents
1. Executive Summary
2. Mechanical Ventilator Market Characteristics
3. Mechanical Ventilator Market Trends And Strategies
4. Mechanical Ventilator - Macro Economic Scenario
- 4.1 COVID-19 Impact On Mechanical Ventilator Market
- 4.2 Ukraine-Russia War Impact On Mechanical Ventilator Market
- 4.3 Impact Of High Inflation On Mechanical Ventilator Market
5. Mechanical Ventilator Market Size And Growth
- 5.1. Global Mechanical Ventilator Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Mechanical Ventilator Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Mechanical Ventilator Market Segmentation
- 6.1. Global Mechanical Ventilator Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Adult Ventilators
- Pediatric Ventilators
- Neonatal/ Infant Ventilators
- 6.2. Global Mechanical Ventilator Market, Segmentation By Mobility, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Intensive Care Ventilators
- High-End ICU Ventilators
- Mid-End ICU Ventilators
- Basic ICU Ventilators
- Portable Ventilators
- 6.3. Global Mechanical Ventilator Market, Segmentation By Mode Of Ventilation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Invasive Ventilation
- Non-Invasive Ventilation
- 6.4. Global Mechanical Ventilator Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Hospitals and Clinics
- Home Care
- Ambulatory Care Centers
- Emergency Medical Service
- Other End-Users
7. Mechanical Ventilator Market Regional And Country Analysis
- 7.1. Global Mechanical Ventilator Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Mechanical Ventilator Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Mechanical Ventilator Market
- 8.1. Asia-Pacific Mechanical Ventilator Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Mechanical Ventilator Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Mechanical Ventilator Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Mechanical Ventilator Market
- 9.1. China Mechanical Ventilator Market Overview
- 9.2. China Mechanical Ventilator Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Mechanical Ventilator Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Mechanical Ventilator Market
- 10.1. India Mechanical Ventilator Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Mechanical Ventilator Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Mechanical Ventilator Market
- 11.1. Japan Mechanical Ventilator Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Mechanical Ventilator Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Mechanical Ventilator Market
- 12.1. Australia Mechanical Ventilator Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Mechanical Ventilator Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Mechanical Ventilator Market
- 13.1. Indonesia Mechanical Ventilator Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Mechanical Ventilator Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Mechanical Ventilator Market
- 14.1. South Korea Mechanical Ventilator Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Mechanical Ventilator Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Mechanical Ventilator Market
- 15.1. Western Europe Mechanical Ventilator Market Overview
- 15.2. Western Europe Mechanical Ventilator Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Mechanical Ventilator Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Mechanical Ventilator Market
- 16.1. UK Mechanical Ventilator Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Mechanical Ventilator Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Mechanical Ventilator Market
- 17.1. Germany Mechanical Ventilator Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Mechanical Ventilator Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Mechanical Ventilator Market
- 18.1. France Mechanical Ventilator Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Mechanical Ventilator Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Mechanical Ventilator Market
- 19.1. Eastern Europe Mechanical Ventilator Market Overview
- 19.2. Eastern Europe Mechanical Ventilator Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Mechanical Ventilator Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Mechanical Ventilator Market
- 20.1. Russia Mechanical Ventilator Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Mechanical Ventilator Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Mechanical Ventilator Market
- 21.1. North America Mechanical Ventilator Market Overview
- 21.2. North America Mechanical Ventilator Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Mechanical Ventilator Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Mechanical Ventilator Market
- 22.1. USA Mechanical Ventilator Market Overview
- 22.2. USA Mechanical Ventilator Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Mechanical Ventilator Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Mechanical Ventilator Market
- 23.1. South America Mechanical Ventilator Market Overview
- 23.2. South America Mechanical Ventilator Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Mechanical Ventilator Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Mechanical Ventilator Market
- 24.1. Brazil Mechanical Ventilator Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Mechanical Ventilator Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Mechanical Ventilator Market
- 25.1. Middle East Mechanical Ventilator Market Overview
- 25.2. Middle East Mechanical Ventilator Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Mechanical Ventilator Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Mechanical Ventilator Market
- 26.1. Africa Mechanical Ventilator Market Overview
- 26.2. Africa Mechanical Ventilator Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Mechanical Ventilator Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Mechanical Ventilator Market Competitive Landscape And Company Profiles
- 27.1. Mechanical Ventilator Market Competitive Landscape
- 27.2. Mechanical Ventilator Market Company Profiles
- 27.2.1. Acoma Medical Industry Co. Ltd.
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. Air Liquide
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Allied Healthcare Products Inc.
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Bio-Med Devices Inc.
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Drager
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Mechanical Ventilator Market
29. Mechanical Ventilator Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer