Non-Invasive Medical Ventilators to Post an Absolute Growth of 85% by 2025 - Arizton

The medical ventilators market size is expected to grow at a CAGR of over 10% during the period 2019-2025.

There is high demand for ventilators due to the pandemic and is likely to increase tenfold than the global demand. Post the pandemic, the demand for these devices will still be high due to severe respiratory problems. In the absence of the pandemic, APAC would have been the fastest-growing region and mostly needed ventilators. Europe and North America are the most developed and replacement market for ventilators. This is because healthcare providers are mostly supported by reimbursement options. Whereas, APAC and Latin America will experience more ventilator sales as they are growing economies that will require more ventilators to accommodate patient populations.

Arizton's recent market research report considers the present scenario of the medical ventilators market and its market dynamics for the period 2019-2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent companies operating in the market.

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Medical Ventilators Market - Dynamics

Here are the list of trends and drivers that are impacting the revenues and profitability in the medical ventilators market:

o Increase in Demand for Homecare Ventilators
o Emergence of Multi-Functional Medical Ventilators
o Exponential Rise in Number of COVID-19 Cases
o Demand for Ventilators in COVID-19-Affected Countries
o Technological Advances in Ventilators
o Favorable Patient Demographics

Medical Ventilators Market - Segmentation

The market research report includes detailed segmentation by interface, mobility, patient group, application, end-user, and geography.

o Non-invasive ventilation offers many advantages and lower complications compared to invasive ventilation. For instance, the occurrence of nosocomial infections is relatively low among patients using non-invasive ventilation.
o In 2019, the portable medical ventilators segment accounted for a share of 36% and was likely to grow at a steady rate due to the shift toward smaller, flexible, and convenient ventilation support, which can be achieved with the use of portable ventilators.
o There is an increasing transition of ventilator-assisted individuals from hospital to home mechanical ventilation. This can be due to multiple factors, such as the survival of aging consumers, especially in developed regions such as Europe and North America.

Market Segmentation by Interface
o Invasive
o Non-invasive
Market Segmentation by Mobility
o Standard
o Portable
Market Segmentation by Patient Group
o Hospitals
o Adults
o Pediatrics & Neonates
Market Segmentation by Application
o Critical Care
o Emergency Care
o Home Care
o Neonatal Care
Market Segmentation by End-user
o Hospitals
o Homecare Settings
o Emergency Care Providers
o Others

Medical Ventilators Market - Geography

European countries are among the worst hit of the covid-19 pandemic, especially Italy, Germany, and Spain. The number of people suffering from the disease has increased drastically, in-turn demanding hospital resources such as ventilators to stabilize the situation. The demand for ventilators has also increased to ten-folds across the region. Additional factors such as technological infrastructure and the need for professional supervision in homecare set-ups make the management of ventilator users difficult. Supervision by external companies may also result in the lack of standardization or regular feedback to prescribing centers and increasing costs and logistical problems. There are also differences in end-of-life decisions between northern and southern European countries.

Market Segmentation by Geography
o Europe
o Spain
o Germany
o Italy
o France
o UK
o North America
o US
o Canada
o APAC
o South Korea
o China
o Japan
o Australia
o India
o Latin America
o Brazil
o Mexico
o Middle East & Africa
o Turkey
o South Africa
o Iran

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Medical Ventilators Market - Vendor Landscape

The global medical ventilators market is fragmented due to the presence of many global, regional, and local vendors offering a wide range of medical ventilators. Hamilton Medical, Medtronic, Vyaire Medical, GE Healthcare, ResMed, SCHILLER, Koninklijke Philips, Dragerwerk, and Smiths Medical are the key players dominating the market. Though large vendors dominate the market, they are witnessing heavy competition from regional and local companies from India, China, Italy, and Germany. Many regional vendors also offer cost-effective ventilators in Europe, APAC and the Middle East & Africa.

Key Vendors
o Hamilton Medical
o Medtronic
o Koninklijke Philips
o Vyaire Medical
o GE Healthcare
o ResMed
o Dragerwerk
o SCHILLER
o Smith Medical

Other Prominent Vendors - Air Liquide Medical Systems, Avasarala Technologies, ABRONN, AgVa Healthcare, aXcent Medical, Bunnell, Beijing Eternity Electronic Technology, Deluxe Scientific Surgico, Dima Italia, Fritz Stephan, Getinge, Hartwell Medical, HEYER Medical, HILL-ROM, Lowenstein Medical Innovation, Shenzhen Mindray Bio-Medical Electronics, MEK-ICS, Narang Medical, Oceanic Medical, Shenzhen Landwind Industry, Siare Engineering International Group, S.I.E.M, SI Surgical, A.B. Industries, Skanray Technologies, Tecme Global, TRITON ELECTRONIC SYSTEMS, and United Hayek Industries

Medical Ventilators Market - Table of Content

1 Research Methodology
2 Research Objectives
3 Research Process

4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of The Study
4.3.1 Market Segmentation by Geography

5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation

6 Market at a Glance
7 Introduction
7.1 Overview

8 Impact of COVID-19 Pandemic
8.1 Overview

9 Market Opportunities & Trends
9.1 Increase In Demand For Homecare Ventilators
9.2 Emergence of Multi-Functional Ventilators
9.3 Exponential Rise in Number of COVID-19 Cases
9.4 Demand For Ventilators in COVID-19 Affected Countries

10 Market Growth Enablers
10.1 Technological Advances In Ventilators
10.2 Favorable Patient Demographics
10.3 Demand For Portable Ventilators
11 Market Restraints
11.1 Complications Associated With Ventilators
11.2 High Cost of Equipment & Treatment
11.3 Shortage of Ventilators
11.4 Lengthy Product Lifecycle and Increased Demand For The Refurbished Ventilators

12 Market Landscape
12.1 Market Overview
12.2 Market Size & Forecast
12.3 Five Forces Analysis
12.3.1 Threat of New Entrants
12.3.2 Bargaining Power of Suppliers
12.3.3 Bargaining Power of Buyers
12.3.4 Threat of Substitutes
12.3.5 Competitive Rivalry

13 Interface
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.3 Invasive Ventilators
13.3.1 Market Overview
13.3.2 Market Size & Forecast
13.4 Non-Invasive Ventilators
13.4.1 Market Overview
13.4.2 Market Size & Forecast

14 Mobility
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.3 Standard Ventilators
14.3.1 Market Overview
14.3.2 Market Size & Forecast
14.4 Portable Ventilators
14.4.1 Market Overview
14.4.2 Market Size & Forecast

15 Application
15.1 Market Snapshot & Growth Engine
15.2 Market Overview
15.3 Critical Care
15.3.1 Market Overview
15.3.2 Market Size & Forecast
15.4 Emergency Care
15.4.1 Market Overview
15.4.2 Market Size & Forecast
15.5 Home Healthcare
15.5.1 Market Overview
15.5.2 Market Size & Forecast
15.6 Neonatal Care
15.6.1 Market Overview
15.6.2 Market Size & Forecast

16 Patient Group
16.1 Market Snapshot & Growth Engine
16.2 Market Overview
16.3 Adults
16.3.1 Market Overview
16.3.2 Market Size & Forecast
16.4 Pediatrics & Neonates
16.4.1 Market Overview
16.4.2 Market Size & Forecast

17 End-Users
17.1 Market Snapshot & Growth Engine
17.2 Market Overview
17.3 Hospitals
17.3.1 Market Overview
17.3.2 Market Size & Forecast
17.4 Homecare Settings
17.4.1 Market Overview
17.4.2 Market Size & Forecast
17.5 Emergency Care Providers
17.5.1 Market Overview
17.5.2 Market Size & Forecast
17.6 Others
17.6.1 Market Overview
17.6.2 Market Size & Forecast

18 Geography
18.1 Market Snapshot & Growth Engine
18.2 Geographic Overview

19 North America
19.1 Market Overview
19.2 Market Size & Forecast
19.3 Key Countries
19.3.1 US: Market Size & Forecast
19.3.2 Canada: Market Size & Forecast

20 Europe
20.1 Market Overview
20.2 Market Size & Forecast
20.3 Key Countries
20.3.1 Germany: Market Size & Forecast
20.3.2 UK: Market Size & Forecast
20.3.3 Italy: Market Size & Forecast
20.3.4 Spain: Market Size & Forecast
20.3.5 France: Market Size & Forecast
21 APAC
21.1 Market Overview
21.2 Market Size & Forecast
21.3 Key Countries
21.3.1 China: Market Size & Forecast
21.3.2 Japan: Market Size & Forecast
21.3.3 India: Market Size & Forecast
21.3.4 South Korea: Market Size & Forecast
21.3.5 Australia: Market Size & Forecast

22 Latin America
22.1 Market Overview
22.2 Market Size & Forecast
22.3 Key Countries
22.3.1 Brazil: Market Size & Forecast
22.3.2 Mexico: Market Size & Forecast

23 Middle East And Africa
23.1 Market Overview
23.2 Market Size & Forecast
23.3 Key Countries
23.3.1 Iran: Market Size & Forecast
23.3.2 Turkey: Market Size & Forecast
23.3.3 Saudi Arabia: Market Size & Forecast
23.3.4 South Africa: Market Size & Forecast

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