Ventilator Market Size, Analysis by Size, Share, Opportunities, Revenue, Future Scope and Forecast 2029

Ventilator Market size was valued at USD 1.1 Bn. in 2022 and the total Ventilators revenue is expected to grow at 8.2% from 2023 to 2029, reaching nearly USD 1.92 Bn.

Ventilator Market Overview:

The research “ Ventilator Market” seeks to provide up-to-date market intelligence and aid decision-makers in making sound investment decisions. It also offers a comprehensive analysis of the global Ventilator Market by Product Type, Application, Key Manufacturers, and Several Key Regions.

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Ventilator Market Scope:

The research focuses on the Ventilator market’s growth prospects, constraints, and market analyses. The research employs Porter’s five forces analysis of the Ventilator industry to assess the impact of several variables on Ventilator market trends, including supplier bargaining power etc

Ventilator Market Drivers:

COPD and asthma are among the most common respiratory diseases globally. According to the WHO, COPD is the third biggest cause of mortality globally, accounting for 3.23 million deaths in 2019. More than 80% of these fatalities happened in low- and middle-income nations. COPD affects an estimated 380 million people globally. Undiagnosed COPD patients are prevalent in China, India, Brazil, and Eastern Europe. COPD costs healthcare systems all across the globe USD 50 billion every year.

Long-term asthma and extended exposure to cigarette smoke, indoor and outdoor air pollution, and occupational gases and dust are all key causes of COPD. COPD is associated with other chronic illnesses such as cardiovascular disease, musculoskeletal disability, and diabetes mellitus. These illnesses may also influence patients’ health and interfere with COPD care.

Ventilator Market Segmentation:

by Mobility

1. Intensive care ventilators
2. Portable/ transportable ventilators

by Type

1. Adult/pediatric ventilators
2. Neonatal/infant ventilators

by Interface

1. Invasive ventilation segment
2. Non-invasive ventilation

by Mode

1. Combined-mode ventilation
2. Volume-mode ventilation
3. Pressure-mode ventilation
4. Other ventilation modes

by End User

1. Hospitals & clinics
2. Home care settings
3. Ambulatory care centers
4. Emergency medical services

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Ventilator MarketKey Players: the key players are

1. ResMed (US)
2. Medtronic(US)
3. Bio-Med Devices, Inc.(US)
4. Hill-Rom Holdings, Inc.(US)
5. Vyaire Medical, Inc.(US)
6. Allied Healthcare Products, Inc.(US)
7. Avasarala Technologies Ltd(US)
8. GE Healthcare(US)
9. Fisher & Paykel Healthcare Limited(US)
10. Drägerwerk AG & CO. KGAA (Germany)
11. aXcent Medical GmbH (Germany)
12. HEYER Medical AG(Germany)
13. Metran Co., Ltd.(Japan)
14. Nihon Kohden Corporation (Japan)
15. Asahi Kasei Corporation(Japan)
16. Air Liquide (France)
17. Hamilton Medical (Switzerland)
18. Smiths Group plc.(UK)
19. Shenzhen Mindray Bio-Medical Electronics Co., Ltd.(China)
20. MAGNAMED (Brazil)
21. Airon Corporation(US)
22. TRITON Electronic Systems Ltd.(Russia)
23. Leistung Engineering Pvt. Ltd.(India)
24. Koninklijke Philips N.V.(Netherlands)
25. Getinge AB (Sweden)

Regional Analysis:

The report has assessed the global Ventilator market in the following regions:

• America, North (the United States, Canada)
• European Union (Germany, France, United Kingdom, Russia)
• Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
• Latin America (Brazil, Argentina, Colombia)
• Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa)

COVID-19 Impact Analysis on Ventilator Market:

The global repercussions of the coronavirus disease 2019 (COVID-19) are already being seen, and they will have a significant impact on the Ventilator market in 2021. The COVID-19 outbreak has had a wide-ranging impact, including flight cancellations, travel bans and quarantines, restaurant closures, and restrictions on all indoor/outdoor events; the declaration of a state of emergency in over thirty countries; a massive slowdown in the supply chain; the stock market; falling businesses, growing panic among the people, and uncertainty about the future.

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Key Questions answered in the Ventilator Market Report are:

• Which key trends are likely to emerge in the Ventilator market in the forecast period?
• What will be the Ventilator market size by 2027?
• Which company had the biggest share in the Ventilator market in 2020?