United States Mechanical Ventilators Market Outlook 2033 | CAGR 5.5% | North America Led by Highest Market Share | Key Players - Drägerwerk AG & Co. KGaA, Vyaire Medical, Inc, Smith's Medical, ResMed Inc,

DataM Intelligence has published a new research report on "Mechanical Ventilators Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

1. North America dominates the mechanical ventilators market, accounting for 42.1% of the share in 2024.

2. This leadership is fueled by robust healthcare infrastructure, key industry players such as Medtronic and Philips Healthcare, and active clinical research supported by FDA approvals.

3. Critical care ventilators are projected to be the top product segment, holding a 47.6% share in 2024, bolstered by new product launches, strategic collaborations, and partnerships that reinforce their market position.

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Latest M & A

• Viemed Healthcare to acquire Lehan Medical Equipment - Viemed, a U.S. provider of in‐home respiratory care (including non‐invasive ventilators and other respiratory equipment), announced a definitive agreement to purchase Lehan Medical Equipment (Illinois‐based respiratory care provider) in a transaction expected to close in Q3 2025.

Key Players:

Medtronic, Philips Healthcare, Hamilton Medical AG, GE Healthcare, Drägerwerk AG & Co. KGaA, Vyaire Medical, Inc, Smith's Medical, ResMed Inc, Fisher & Paykel Healthcare Corporation Limited, Allied Healthcare Products, Inc

Key Development:

January 2026

• New AI-powered ventilator model launched to enhance patient-specific respiratory support.

• Strategic partnership announced between leading ventilator manufacturer and telehealth service provider.

December 2025

• FDA approves next-generation portable ventilator for emergency and home use.

• Rising demand observed in emerging markets due to increased respiratory illness cases.

November 2025

• Innovative oxygen delivery system integrated into mechanical ventilators unveiled.

• Major industry players focus on reducing ventilator size and improving energy efficiency.

Growth Forecast Projected:

The Global Mechanical Ventilators Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Mechanical Ventilators Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

By Product Type: Critical Care Ventilators, Portable/Transport Ventilators, Neonatal Ventilators

By Component: Ventilator Machines, Ventilator Accessories

By Mode of Ventilation: Invasive Ventilation, Non-Invasive Ventilation

By End User: Hospitals, Ambulatory Surgery Centers, Home Care Settings, Others

Regional Analysis for Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Lays the foundation by defining the scope of the report, highlighting core market segments across regions, product types, and applications. It delivers a clear snapshot of current market size, growth potential, and how the industry is expected to evolve in both the near and long term.

Chapter 2: Spotlights the most impactful market insights, unveiling the transformative trends and forces shaping the future of the industry.

Chapter 3: Provides a deep dive into the competitive landscape of , covering revenue shares, strategic initiatives, and notable mergers & acquisitions that are reshaping the market.

Chapter 4: Presents detailed company profiles of leading players featuring financial performance, product portfolios, profit margins, and key milestones that set them apart in the industry.

Chapters 5 & 6: Break down revenue analysis at both regional and country levels, offering precise data on market size, growth drivers, and expansion opportunities across global markets.

Chapter 7: Analyzes the market by product type, spotlighting segment-specific opportunities and helping stakeholders identify untapped, high-growth areas.

Chapter 8 :Explores the market through application-based segmentation, assessing demand across industries and pinpointing downstream sectors with the strongest potential for growth.

Chapter 9: Maps the industry's supply chain in detail, tracing upstream and downstream activities to provide clarity on value creation across the ecosystem.

Chapter 10: Wraps up with a concise summary of the report's key insights distilling the most critical findings and strategic takeaways for decision-makers and stakeholders.

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FAQ

Q1: What is the current size of the Mechanical Ventilators Market?

A: The Mechanical Ventilators Market was valued at US$ 3.05 billion in 2024 and is forecasted to reach US$ 4.92 billion by 2033

Q2: How rapidly will the Market expand?

A: The Mechanical Ventilators market is projected to grow at a CAGR of 5.5% between 2025 and 2033.

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