Global Ventilators Market Size, Trends Shows a Rapid Growth by 2025

The global ventilators industry is projecting an exponential growth rate during the COVID-19 outbreak. The pandemic has released a continuous requirement for ventilators; however, the affected countries are facing a challenge with the shortage of ventilators. Prior to the coronavirus outbreak, the rising prevalence of respiratory diseases and the increasing number of ICU beds were among the major factors offering growth to the global ventilators industry. However, there is an enormous demand for ventilators is being stated by every COVID-19 affected country, as the ventilators are most significantly required while dealing with the geriatric population. Though, the industry will see stagnant growth once the outbreak gets over across the globe, as the urgent need for ventilators will get over and the hospitals will have enough ventilators for the other treatment procedures.

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The global ventilators industry report is analyzed for a range of ventilators, which includes portable ventilators and intensive care ventilators. Amid these ventilators, the intensive care ventilators are showing great relevance in the treatment of coronavirus. The patients are admitted to the intensive care unit, as coronavirus is rapidly spreading through the air. Therefore, infected patients are required to be kept under full isolation and intensive care units. This, in turn, is increasing the demand for intensive care ventilators across the globe.

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In addition, the effect of COVID-19 on the ventilators industry is analyzed from a geographical standpoint, which includes North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific and European countries are majorly impacted nations with the COVID-19 pandemic. Therefore, the demand for ventilators is continuously increasing in particularly these two regions. The mortalities from coronavirus are continuously increasing in the European countries, including Spain, Italy, France, UK, and the Netherlands. This surge in mortalities is presenting a need for a large number of medical facilities and equipment. Italy has recorded over 5,000 mortalities from coronavirus till March 22, 2020, listing on top in the coronavirus mortality list.

The well-established companies of the global ventilators market and are seeking attention during this outbreak include Medtronic PLC, General Electric Co., Hamilton Medical, Ventec Life Systems, Inc., Dr�gerwerk AG & Co. KGaA, and Breas Medical AB. As the demand for ventilators is continuously increasing with the rapidly spreading COVID-19, these ventilator manufacturers have announced the ramping up of capacity, production of ventilators. Along with these established ventilator manufacturers, several other industry players have planned to blaze a trail in the ventilator industry.

Industry Overview
Historical market growth estimation of ventilators industry excluding COVID-19 pandemic effect
Deviations in the ventilators industry growth rate due to COVID-19 pandemic

By Ventilator Type
Portable Ventilators
Intensive Care Ventilators

Segment by Region
North America
United States
Canada

Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific
China
Japan
India
Rest of Asia-Pacific

Rest of the Worl
Latin America
Middle East and Africa

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