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Vietnam and Philippines Mechanical Ventilator Market at (CAGR 6.6%) | Tracks Public Healthcare Expansion and Procurement
Vietnam and Philippines Mechanical Ventilator Market Size
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Latest M & A
β’ Singapore's Thomson Medical Group completes acquisition of FV Hospital - Marked as one of Southeast Asia's largest healthcare M&A transactions
β’ Foreign capital inflows drive healthcare consolidation in Vietnam - Mekong Capital increases stake in TNH Hospital Group
β’ AboitizPower (Philippines) acquires 25 % stake in Van Phong Power (Vietnam) - Not medical but shows cross-border deal activity involving Philippine acquirer
Key Players:
Dreager, Smith's Medical, Medtronic, Plc., Philips Respironics, Becton Dickinson and Company, Hamilton Medical, Vingroup, An Phuc Trading & Technology Co., Ltd, Kromek Group plc, Metran Co Ltd
Key Development:
πΉ Jan 2026
β’ Vietnam accelerates hospital ICU upgrades, driving fresh demand for advanced invasive and non-invasive ventilators in public healthcare facilities.
πΉ Dec 2025
β’ Local medical device manufacturers expand ventilator assembly capabilities to reduce import dependency and improve supply resilience.
πΉ Nov 2025
β’ Rising respiratory disease burden and aging population strengthen government focus on ventilator readiness across provincial hospitals.
Growth Forecast Projected:
The Vietnam and Philippines Mechanical Ventilator 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 Vietnam and Philippines Mechanical Ventilator 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: Stationary Ventilator, Portable/Transport Ventilator
By Age Group: Intensive/Critical Care Ventilator, Neonatal Ventilator
By Interface: Invasive Ventilator, Non-Invasive Ventilator
By Mode: Combined Mode Ventilator, Volume Mode Ventilator, Pressure Mode Ventilator
By End User: Hospitals and Clinics, Ambulatory care centers, Homecare, Emergency medical service
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
Q: How rapidly will the Market expand?
A: The Vietnam and Philippines Mechanical Ventilator market is projected to grow at a CAGR of 6.6% between 2024 and 2031.
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