Impact of COVID-19 on India Ventilator Industry Analysis, Trends, Forecast 2025

With the surging cases of coronavirus in India, the major challenge is faced by the hospitals to offer critical care to every patient. Ventilators are key medical equipment required for the treatment of COVID-19 patients, as they have a major issue in breathing. Ventilators support breathing to the patients by delivering oxygen into the lungs and eliminate CO2 from the body. Like other countries, Indian companies shore up their efforts to increase ventilator production in the country. However, the shortage of components, including sensors, controllers, and chips has created a production challenge for ventilators in the country.

Request a Free Sample of our Report on Impact of COVID-19 on India Ventilator Industry: https://www.omrglobal.com/request-sample/impact-of-covid-19-on-india-ventilator-industry

Due to the ban on international flight amid COVID-19, the conditions have worsened as the ventilator manufacturers are struggling to lift components from the US, Chinese, and Japanese suppliers. AgVa Healthcare said that the ban on the international flight has affected the supply of components from China. At Shenzhen China, electronic components are ready, however, they are not able to ship to AgVa Healthcare due to the flight ban. India is among the major importers of electronic components. Due to the lack of a stable policy and high cost, there is a lack of efforts to establish local semiconductor facilities over the years. Therefore, the medical device manufacturers rely heavily on foreign companies for the supply of electronic components.

However, the ventilator manufacturers have been finding out solutions regarding the supply of components. For instance, Skanray Technologies Pvt Ltd. plans to work with Bharat Electronics to support in sharing components. In addition, it is working with the Defense Research and Development Organization (DRDO) to meet the emergency requirement. The DRDO is expected to work with automobile manufacturers, including Tata Motors and Mahindra & Mahindra Ltd. for the fabrication of ventilator components.

It has identified nine local companies to transfer design for the production of components. The government has already in communication with five automobile companies, including Mahindra and Mahindra (M&M), Tata Motors, Maruti Suzuki, Hyundai Motor, and Honda Cars, to explore the possibility of manufacturing ventilators at their plants. Indian Health Ministry has reportedly demanded a public sector unit (PSU) regarding the production of 10,000 ventilators and Bharat Heavy Electrical Electricals Ltd. (BHEL) would supply 30,000 by June 2020.

The study on the effect of COVID-19 on India ventilator industry is segmented into portable and intensive care ventilators. There is an increased production of ventilators in India amid COVID-19 effect. For instance, India’s largest prototyping center in Telangana, T Works has increased its focus on the designing and development of a low-cost portable ventilator along with the hardware community in Hyderabad amid COVID-19 pandemic. Moreover, Kanpur based Indian Institute of Technology (IIT) is engaged in the development of a low-cost portable alternative to ventilators available in the market. It is expected that this ventilator will be available at nearly $900 per unit as the institute is outsourcing all the components from India only.

Key manufacturers focusing on the production of ventilators to treat patients with COVID-19 include Bharat Heavy Electricals Ltd. (BHEL), Skanray Technologies Pvt Ltd., Biodesign Innovation Labs, and A.B. Industries (Max Ventilator). Skanray Technologies Pvt Ltd. is focusing on ramping up production capabilities and locally assemble nearly 100,000 ventilators in India. It is working with DRDO that can support to cope up with the increasing demand for ventilators in the country. Further, Indian startup Biodesign Innovation Labs has developed a portable ventilator or automated respiratory assist device, RespirAid, which is used to make stable the patient condition during a respiratory arrest. As per the company, it can support to reduce morbidity resulted due to ventilators shortage in low-resource settings. The company needs nearly $1.3 million for the establishment of a large-scale production facility to produce and distribute RespirAid to support patients with coronavirus epidemics.

A Full Report of Impact of COVID-19 on India Ventilator Industry is Available at https://www.omrglobal.com/industry-reports/impact-of-covid-19-on-india-ventilator-industry

Impact of COVID-19 on India Ventilator Industry Segmentation

By Type
• Portable
• Intensive Care

Company Profile
• A.B.Industries (Max Ventilator)
• AgVa Healthcare
• Bharat Electronics Ltd.
• Bharat Heavy Electricals Ltd. (BHEL)
• Biodesign Innovation Labs
• Mahindra & Mahindra Ltd.
• Koninklijke Philips N.V.
• Skanray Technologies Pvt Ltd.
• Narang Medical Limited.
• GE Healthcare Co.
• Medtronic Plc

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/impact-of-covid-19-on-canada-economy

For More Information, Visit https://www.omrglobal.com/

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

About us:
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.