Mechanical ventilators is a machine that helps patients to breathe, at the time of surgery or critical illness. Mechanical ventilators are mostly used in hospitals and transport systems such as medical evacuation air transport and ambulances. Being on ventilator for a long duration can make patient more susceptible to pneumonia, and other risks such as vocal cords damage. Ventilators are used in case of respiratory failure or in breathing difficulty. When person cannot breath well, body organs cannot get enough oxygen to work and sometimes, too much carbon dioxide can build up in blood that needs to be breathed out. Acute respiratory distress syndrome, asthma, head injury, cardiac arrest, etc. are the conditions that affect breathing. Ventilators are also used at the time of surgery with general anesthesia.
Market Dynamics
Increasing adoption of inorganic strategies such as product launches by key market players is expected to drive the global mechanical ventilators market over the forecast period. For instance, in May 2022, Max Ventilator (A.B.Industries), a manufacturer of medical devices, announced that it had launched multifunctional non-invasive (NIV) ventilators that can be used in hospitals and home. It comes with inbuilt oxygen therapy and a humidifier. The ventilator is used for neonatal care as well as adult care. It can provide both non-invasive ventilation and oxygen therapy.
Key features of the study:
- This report provides an in-depth analysis of the global mechanical ventilators market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global mechanical ventilators market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Getinge AB, General Electric Company, Hamilton Medical, Medtronic, ICU Medical, Inc., Dragerwerk AG & Co. KGaA, ZOLL Medical Corporation, Koninklijke Philips N.V., VYAIRE, Fisher & Paykel Healthcare Limited, ResMed, Max Ventilator (A.B.Industries), NIHON KOHDEN CORPORATION, Inspiration Healthcare Group plc., CorVent Medical Inc., Inovytec, InnAccel Technologies Pvt Ltd., and OES Medical
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global mechanical ventilators market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global mechanical ventilators market
Detailed Segmentation:
- Global Mechanical Ventilators Market, By Product Type:
- Critical Care Mechanical Ventilators
- Neonatal Mechanical Ventilators
- Transport and Portable Mechanical Ventilators
- Global Mechanical Ventilators Market, By End User:
- Hospitals
- Ambulatory Surgical Centers
- Specialty Clinics
- Global Mechanical Ventilators Market, By Region:
- North America
- Latin America
- By Country
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Country
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- By Country
- GCC
- Israel
- Rest of Middle East
- Africa
- By Country/Regions
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.*
- Company Highlights
- Products Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Getinge AB
- General Electric Company
- Hamilton Medical
- Medtronic
- ICU Medical, Inc.
- Dragerwerk AG & Co. KGaA
- ZOLL Medical Corporation
- Koninklijke Philips N.V.
- VYAIRE
- Fisher & Paykel Healthcare Limited
- ResMed
- Max Ventilator (A.B.Industries)
- NIHON KOHDEN CORPORATION
- Inspiration Healthcare Group plc.
- CorVent Medical Inc.
- Inovytec
- InnAccel Technologies Pvt Ltd.
- OES Medical
“*” marked represents similar segmentation in other categories in the respective section.
