Impact of COVID-19 on Italy Ventilator Industry Trends, Size, Competitive Analysis and Forecast - 2019-2025

As the whole world is fighting against COVID-19, the demand for ventilators has emerged significantly in healthcare facilities. Ventilators are mechanical breathing devices that are used to blow oxygen and air into the lungs. These devices are important for delivering care to people suffering from lung failure, which is one of the complications among patients with severe COVID-19. Italy is among one of the nation’s requiring a significant number of ventilators amid COVID-19 to help patients breathe easier.

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The global spread of coronavirus has put ventilator manufacturers under pressure to ramp up production. Due to the epidemic, the supply of essential components has disrupted, which include valves, hoses, and motors. In addition, most of the electronic products come from China which is further disrupting the production of ventilators. Owing to the shortages of supplies and production, the government of Italy are moving towards taking support from the military, contacting with other manufacturers. They are looking to 3D printing with the expectation of scaling up the production of the potentially life-saving breathing machines. A team of doctors in Italy has created a way of delivering oxygen to two people from a single ventilator, thereby doubling capacity. Further, Isinnova, an Italian research institute has expanded its efforts to solve a shortage of ventilator valves in some Italian hospitals using 3D printing.

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The government asked ventilator manufacturers to meet the demand for ventilators. For instance, Siare Engineering International Group s.r.l. has augmented its ventilators output from 160 to 500 every month. The country is facing a major shortage of essential medical equipment, including ventilators, as death toll in the country surpassed 5,000. To increase the production of ventilators, Sierrais in discussion with Fiat and Ferrari to support in the production of more ventilators to fight COVID-19 outbreak in Italy. Automobile companies have a potential supply chain, which can support Siare to obtain parts for significant amount of ventilators production. Nearly 25 army technicians are working with Siare along with its production supervisors to support assemble machines and management of higher production.

The Report Covers

• Comprehensive research methodology of the pre and post-COVID-19 impact on Italy ventilator industry.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Italy ventilator industry.
• Insights about market determinants which are stimulating the Italy ventilator industry.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.

Market Segmentation

By Type

• Portable
• Intensive Care

Competitive Outlook:

• Creanova S.r.l.
• Drägerwerk AG & Co. KGaA
• Fiat Chrysler Automobiles N.V.
• General Electric Co.
• Getinge AB
• Hamilton Medical AG
• Koninklijke Philips N.V.
• Magneti Marelli S.p.A.
• Medtronic plc
• Siare Engineering International Group s.r.l.
• Fisher & Paykel Healthcare Ltd.
• ResMed Inc.

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