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Ventilator Market Analysis and Growth to 2025 by Major Manufactures(Fisher & Paykel Healthcare Limited, Smiths Group plc, Acutronic Medical Systems AG, Getinge AB Drägerwerk AG & Co. KGaA, Cepheid, Bunnell Incorporated, Leistung Equipamentos LTDA., Penlo
Data Bridge Market Research
Global Ventilators Market, By Product type (Intensive Care, Portable, Neonatal), Modality (Non-Invasive Ventilation, Invasive Ventilation), Type (Adult, Pediatric, Neonatal), Mode (Combined-Mode, Volume-Mode, Pressure-Mode, Other), End User (Hospitals & Clinics, Home Care, Ambulatory Centers, Speciality Clinics, Rehabilitation centers, Long Term Care Centres, Homecare Settings), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2025
Global Ventilators Market is equipment used in ICU’s to assist patient in breathing when it is not possible for the patient to breathe by themselves. Ventilators can be used temporarily or permanently (as in long term care). Ventilator constitute of mechanical ventilator, nasogastric tube and endotracheal tube. These ventilators are used in the hospital, rehabilitation or homecare setting. Ventilation systems provide oxygen and remove carbon dioxide from the patient’s body. It is used for life support but does not treat a disease or medical condition. The mechanical ventilation system is used for patients suffering from chronic diseases such as chronic obstructive pulmonary disease (COPD) pneumonia, brain injuries and strokes.
Global ventilator market is expected to reach million by 2025 and is projected to register a healthy CAGR of 7.3% in the forecast period of 2018 to 2025.
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Market Segmentation: Global Ventilators Market
The Ventilator market is segmented into five notable segments which are product type, modality, type, mode, end User and geography
• On the basis of product type, the market is segmented into intensive care ventilators, portable ventilators and neonatal ventilators. Intensive care ventilators are sub-segmented into high-end ICU ventilators, basic ICU ventilators and mid-end ICU ventilators. In 2018, Intensive care ventilators segment is growing at the highest CAGR and expected to reach USD in the forecast period of 2018 to 2025.
• Hamilton Medical offers HAMILTON-C6. The ventilator consists of modularity, mobility, ease of use and advanced features which allows personalize patients for ventilation therapy.
• On the basis of modality, the market is segmented into non-invasive ventilation and invasive ventilation. Non-invasive ventilation is sub-segmented into volume-cycled ventilators, pressure-cycled ventilators, continuous positive airway pressure ventilators, bi-level positive airway pressure ventilators, flow-cycled ventilators and time-cycled ventilators. In 2018, Invasive ventilation segment is growing at a specific CAGR. However non-invasive ventilation segment is growing at the highest CAGR in the forecast period of 2018 to 2025.
• Smith’s Group plc offers portex latex hyperinflation systems; the device is equipped with disposable manometer which monitors the patient.
• On the basis of type, the market is segmented into adult ventilators, neonatal ventilators and paediatric ventilators. In 2018, adult ventilators segment is growing at the highest CAGR of in the forecast period of 2018 to 2025.
• VYAIRE MEDICAL INC. offers Adult/Pediatric Ventilation Solutions that helps in improving outcome and reduces cost of care.
• LTV 1150 ventilator is offered by VYAIRE MEDICAL INC. The device has extended features, easy transition and operation and enhanced patient comfort and care.
• On the basis of mode, the market is segmented into combined-mode ventilation, volume-mode ventilation, pressure-mode ventilation and other. In 2018, Combined-Mode Ventilation segment is growing at the highest CAGR in the forecast period of 2018 to 2025.
• VYAIRE MEDICAL INC. offers Avea CVS 3100B High Frequency Oscillatory Ventilator, the device normalizes the lungs during ventilation process by providing continuous distending pressure. .
• On the basis of end-user, the market is segmented into hospitals, ambulatory surgery centres, specialty clinics, long term care centres, rehabilitation centres and homecare settings. In 2018, hospitals segment is growing at the highest CAGR in the forecast period of 2018 to 2025.
• Medtronic offers Newport e360 Ventilator, the device is used for the hospital purpose and device is equipped with touch-screen graphics display. .
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Competitive Analysis: Global Ventilators Market
Some of the prominent participants operating in this market are Air Liquide, Hamilton Medical, Shenzhen Mindray Bio-Medical Electronics Co., Ltd. Medtronic, Fisher & Paykel Healthcare Limited, Smiths Group plc, Acutronic Medical Systems AG, Getinge AB Drägerwerk AG & Co. KGaA, Cepheid, Bunnell Incorporated, Leistung Equipamentos LTDA., Penlon Limited, ResMed, Vyaire, Zoll Medical, MAGNAMED, HEYER Medical AG, Allied Healthcare Products, Inc. and GE Healthcare among others.
Product Launch
• In 2018, Koninklijke Philips N.V. launched Trilogy Evo Ventilator which is only one portable life support ventilator platform designed to stay with patients providing consistent therapy and monitoring as they change care environments and when their condition changes.
• In 2015, Medtronic launched Puritan Bennett 980 Ventilator. Through this product launch the company had expanded its product portfolio.
• In 2017, Shenzhen Mindray Bio-Medical Electronics Co., Ltd. launched new-generation ventilator SV800. Through this product launch the company had expanded its product portfolio. In 2015, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., signed an agreement with the Excelsior Union Limited and Solid Union Limited. Through this agreement the company had expand its business portfolio.
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Research Methodology: Global Ventilators Market
Primary Respondents:
Key Opinion Leaders (KOL’s): Manufacturer, Healthcare Professionals, Doctors, Nurses, Medical practitioners. Industry Participants: CEO’s, V.P.’s, Marketing/Product Managers, Market Intelligence Managers and, National Sales Managers
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