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Mechanical Ventilators - Global Strategic Business Report

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    Report

  • 719 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 1056074
The global market for Mechanical Ventilators is estimated at US$15.3 Billion in 2023 and is projected to reach US$22.8 Billion by 2030, growing at a CAGR of 5.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the mechanical ventilator market is driven by several factors that highlight the increasing demand and technological advancements in respiratory care. Firstly, the rising prevalence of respiratory diseases, such as COPD, asthma, and ARDS, is leading to a greater need for mechanical ventilation. Secondly, the aging global population, which is more susceptible to chronic respiratory conditions, is driving demand for ventilator support. Technological advancements, particularly in AI and machine learning, are enhancing ventilator functionality and patient outcomes, encouraging adoption in healthcare facilities.

The COVID-19 pandemic has also underscored the critical role of mechanical ventilators in managing respiratory crises, prompting governments and healthcare organizations to invest in expanding ventilator capacity. Additionally, the trend towards portable and home-use ventilators is gaining traction, providing patients with respiratory support outside traditional hospital settings. These factors collectively contribute to the robust growth and ongoing innovation in the mechanical ventilator market, ensuring that these essential devices continue to meet the evolving needs of patients and healthcare providers.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Intensive Care Ventilators segment, which is expected to reach US$15.9 Billion by 2030 with a CAGR of a 5.3%. The Portable/Transportable Ventilators segment is also set to grow at 7.2% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $6.4 Billion in 2023, and China, forecasted to grow at an impressive 9.1% CAGR to reach $1.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Mechanical Ventilators Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Mechanical Ventilators Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Mechanical Ventilators Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as GE HealthCare PLC, GE Healthcare, Dragerwerk AG & Co. KGaA, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 82 Featured):

  • GE HealthCare PLC
  • GE Healthcare
  • Dragerwerk AG & Co. KGaA
  • Getinge AB (Getinge Group)
  • Allied Healthcare Products, Inc.
  • BREAS Medical AB
  • eVent Medical, Inc.
  • Fritz Stephan GmbH
  • Hamilton Medical AG
  • HEYER Medical AG
  • IngMar Medical
  • Atom Medical Corporation
  • Flight Medical Innovations Ltd.
  • GINEVRI Srl
  • Dixion Vertrieb medizinischer Gerate GmbH

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Mechanical Ventilators: An Introduction
  • Evolution of Mechanical Ventilators: A Historical Fact File
  • Outlook
  • US Leads the Global Mechanical Ventilators Market
  • High Unmet Medical Needs Drive Developing Nations
  • Cost Benefits to Surge Growth of Non-Invasive Ventilators
  • HomeCare Ventilation Amid Rising Healthcare Costs
  • Rise in Popularity of Portable Ventilators
  • Ways to Leverage Market Potential
  • Key Market Challenges
  • Global Healthcare Spending: A Review
  • Global Healthcare Expenditure (In US$ Trillion) for the Years 2017, 2019, and 2024
  • Mechanical Ventilators - Global Key Competitors Percentage Market Share in 2024 (E)
  • Recent Market Activity
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Technological Advancements Sustain Future Market Growth
  • Select Recent Innovations
  • Automation-Enabled Innovation Continues in Mechanical Ventilators Market
  • Auto Manufacturers Join the Race to Build Ventilators
  • Startups Intensify Efforts to Develop Low Cost Ventilators
  • Increasing Prevalence of Chronic Respiratory Diseases Drive Growth
  • Global Prevalence of COPD by Age Group: Percentage of Men and Women Affected by the Condition
  • Neonatal Ventilators Market Set for Healthy Growth
  • Global New Births (in Millions) per Annum by Geographic Region
  • Rising Incidence of Neonatal Mortality Rates to Drive Penetration Developing Countries
  • Worldwide Neonatal Mortality Rate Estimates by Region: 2000, 2005, 2020, 2015, 2019, 2024
  • Neonatal Non-Invasive Ventilation: On the Rise
  • Lung Injury: A Major Challenge for Neonatal Ventilators Market
  • Ventilator Associated Pneumonia (VAP): A Major Menace
  • Manufacturers Introduce New Features to Tackle Enduring Issue of Alarm Fatigue
  • Advances in Information Technology Enhance Monitoring Multiple Patients on Ventilation
  • High Potential for Automatic Transport Ventilators
  • Adaptive Support Ventilation: At the Forefront of Innovation
  • Aging Population: A Key Demographic Driver
  • Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
RESPIRATORY CONDITIONS REQUIRING MECHANICAL VENTILATORS
  • Acute Respiratory Distress Syndrome
  • Chronic Obstructive Pulmonary Disease
  • Muscular Degenerative Disease
  • Spinal Cord Injury
  • Pneumonia
  • Cystic Fibrosis
  • Asthma
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Recent Past, Current & Future Analysis for Intensive Care by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 2: World Historic Review for Intensive Care by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 3: World 16-Year Perspective for Intensive Care by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 4: World Recent Past, Current & Future Analysis for Portable/Transportable by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 5: World Historic Review for Portable/Transportable by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 6: World 16-Year Perspective for Portable/Transportable by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 7: World Recent Past, Current & Future Analysis for Adult by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 8: World Historic Review for Adult by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 9: World 16-Year Perspective for Adult by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 10: World Recent Past, Current & Future Analysis for Infant by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 11: World Historic Review for Infant by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 12: World 16-Year Perspective for Infant by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 13: World Recent Past, Current & Future Analysis for Invasive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 14: World Historic Review for Invasive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 15: World 16-Year Perspective for Invasive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 16: World Recent Past, Current & Future Analysis for Non-Invasive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 17: World Historic Review for Non-Invasive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 18: World 16-Year Perspective for Non-Invasive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 19: World Recent Past, Current & Future Analysis for Hospitals & Clinics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 20: World Historic Review for Hospitals & Clinics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 21: World 16-Year Perspective for Hospitals & Clinics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 22: World Recent Past, Current & Future Analysis for Home Care by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 23: World Historic Review for Home Care by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 24: World 16-Year Perspective for Home Care by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 25: World Recent Past, Current & Future Analysis for Ambulatory Care Centers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 26: World Historic Review for Ambulatory Care Centers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 27: World 16-Year Perspective for Ambulatory Care Centers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 28: World Recent Past, Current & Future Analysis for Emergency Medical Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 29: World Historic Review for Emergency Medical Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 30: World 16-Year Perspective for Emergency Medical Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 31: World Mechanical Ventilators Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • TABLE 32: World Recent Past, Current & Future Analysis for Mechanical Ventilators by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 33: World Historic Review for Mechanical Ventilators by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 34: World 16-Year Perspective for Mechanical Ventilators by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Mechanical Ventilators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Mechanical Ventilators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Market Overview
  • COVID-19 Outbreak & Graying Population Spur Growth
  • Japanese Elderly (65+ Years) Population: 2000-2050
CHINA
  • Mechanical Ventilators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Market Overview
  • Large Population & Increasing Healthcare Expenditure to Drive Future Growth
EUROPE
  • Mechanical Ventilators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Market Overview
  • Sleep Apnea Diagnostics: A Growing Market
  • Favorable Demographics Propel Market Growth
  • European Population By Age Group (2013, 2020 & 2040): Percentage Share Breakdown of Age Groups 0-19, 20-39, 40-59, 60-79, and 80+
  • Market Analytics
FRANCE
  • Mechanical Ventilators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Mechanical Ventilators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
  • COVID-19 Pandemic Triggers the Need for Ventilators
  • Total Number of COVID-19 Cases and Deaths in Italy:15Feb 2020 - 1May 2020
UNITED KINGDOM
  • Mechanical Ventilators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • Market Overview
SPAINRUSSIA
REST OF EUROPE
  • Market Overview
ASIA-PACIFIC
  • Mechanical Ventilators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Market Overview
  • Ongoing Transformation in Healthcare Sector & Rising Healthcare Spending Bode Well for Future Growth
  • Aging Populace: Potential Opportunities
  • Over 65 Years Individuals as % of the Total Population in Select Asian Countries
AUSTRALIA
  • Mechanical Ventilators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Mechanical Ventilators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
  • Market Overview
  • After-Sales Services and Cost Considerations Significant
  • Non-Invasive Ventilation: The Preferred Choice
  • Neonatal Ventilators Market Exhibits Bright Prospects
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Mechanical Ventilators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Mechanical Ventilators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Mechanical Ventilators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • GE HealthCare PLC
  • GE Healthcare
  • Dragerwerk AG & Co. KGaA
  • Getinge AB (Getinge Group)
  • Allied Healthcare Products, Inc.
  • BREAS Medical AB
  • eVent Medical, Inc.
  • Fritz Stephan GmbH
  • Hamilton Medical AG
  • HEYER Medical AG
  • IngMar Medical
  • Atom Medical Corporation
  • Flight Medical Innovations Ltd.
  • GINEVRI Srl
  • Dixion Vertrieb medizinischer Gerate GmbH

Table Information