Global Ventilator Market By Type (Invasive, Non-invasive), By Mobility (Intensive Care, Portable), By End User (Hospitals, Ambulatory Care Centre, Others) and Region (North America, Europe, Asia-Pacific, Middle East and Africa, and South America) - Forecast to 2024.
As most of the COVID-19 patients show symptoms of respiratory tract infection. As there is no drug to cure the disease, the affected are in need of prompt ventilator care. It is known that the progression of disease into severe state can be reduced by the ventilator care. This impact of COVID-19 across the world is anticipated to increase the ventilator market size.
Market Drivers
Rise in pervasiveness of chronic respiratory diseases.
Market Restraints
Mechanical malfunctioning
Market Opportunities
Innovations in home healthcare solutions
Market Challenges
Lack of awareness about neonatal ventilators
Regional Analysis
Globally, North America region leads the ventilator market, and is also anticipated to be the largest revenue generating region during the forecast period. The prevalence of respiratory diseases and rising healthcare awareness are the major factor driving the North American market.
To combat with the current COVID-19, affected countries have to take drastic steps to fulfil the existing demand. The serious shortage in the European countries has made Italy and Spain opting not to use ventilators for patients aged 60 to 65. According to European Commission, Europe could only meet 10% of the demand. The country is focusing on domestic production capacity and its import. This demand is expected to increase the European market share.
In the APAC region, demand of ventilators will reduce based on the contamination of COVID-19 and the excess face mask production will be a greater adjustment. It is being anticipated that the overall ventilator production is expected for a fall back in the forecast period.
Critical Questions Answered in the Report
What are the key trends in the global ventilator market?
How the market (and its various sub segments) has grown in last four years and what would be the growth rate in next five years?
What are the key strategies adopted by the major vendors to lead in the global ventilator market?
What is the market share of the top vendors?
Research Methodology
The study extensively uses both secondary and primary research methodologies. More than 100 industry experts from different phases of the value chain (supply side, demand side, resellers/distributors, and independent consultants) were interviewed to gain key insights about the market and validate the research findings. Secondary sources referred for the research study include company websites, annual reports, paid database tools, investor presentations, webinars, blogs, news/journals, whitepapers, survey papers, associations, and government websites. All the collected data and insights were then processed using our proprietary data mining software that executes various algorithms to make projections for the forecasted period.
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Architecture
2.3 Scope of the Study
2.4 Related Stakeholders
3 Research Methodology
3.1 Introduction
3.2 Primary Research
3.2.1 Key Insights
3.2.2 Breakdown of Primary Interviews
3.3 Secondary Research
3.3.1 Important Sources
3.4 Market Size Estimation Approaches
3.4.1 Top-Down Approach
3.4.2 Bottom-Up Approach
3.4.3 Data Triangulation
3.5 List of Assumptions
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Rise in pervasiveness of chronic respiratory diseases.
4.3 Restraints
4.3.1 Mechanical malfunctioning
4.4 Opportunities
4.4.1 Innovations in home healthcare solutions
4.5 Challenges
4.5.1 Lack of awareness about neonatal ventilators
4.6 Porter's Five Forces Model Analysis
4.7 Value Chain Analysis
4.8 Regulatory Landscape
5 Global Ventilator Market, By Type
5.1 Introduction
5.2 Invasive
5.3 Non-Invasive
6 Global Ventilator Market, By Mobility
6.1 Introduction
6.2 Intensive Care
6.3 Portable
7 Global Ventilator Market, By End User
7.1 Introduction
7.2 Hospitals
7.3 Ambulatory Care Centre
7.4 Others
8 Global Ventilator Market, By Region
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 France
8.3.4 Italy
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia-Pacific
8.4.1 China
8.4.2 India
8.4.3 Japan
8.4.4 South Korea
8.4.5 Rest of Asia-Pacific
8.5 Middle East and Africa
8.6 South America
9 Competitive Landscape
9.1 Introduction
9.2 Vendor Evaluation Criteria
9.3 Market Share Analysis, 2019 (%)
9.4 Recent Developments, 2016-2019
9.4.1 New Product Launches
9.4.2 Partnerships
9.4.3 Mergers or Acquisitions
9.4.4 Business Expansions
10 Company Profiles
(This section covers the Business Overview, Financial Overview, Product and Service Offerings, Recent Developments, SWOT Analysis, and Key Strategies of the top market vendors. The given sequence does not represent their rankings in the market.)
10.1 Koninklijke Philips N.V,
10.2 ResMed,
10.3 Medtronic plc,
10.4 Becton, Dickinson and Company,
10.5 Getinge AB,
10.6 Dragerwerk AG,
10.7 Smiths Group plc ,
10.8 Hamilton Medical,
10.9 GE Healthcare
10.10 Air Liquide S.A
11 Appendix
11.1 Discussion Guide
11.2 Customization Options
11.3 Related Reports
List of Tables
Table 1 Global Ventilator Market, By Type, 2015-2024 (USD Million)
Table 2 Global Ventilator Market, By Mobility, 2015-2024 (USD Million)
Table 3 Global Ventilator Market, By End User, 2015-2024 (USD Million)
Table 4 Global Ventilator Market, By Region, 2015-2024 (USD Million)
Table 5 North America Ventilator Market, By Country, 2015-2024 (USD Million)
Table 6 North America Ventilator Market, By Type, 2015-2024 (USD Million)
Table 7 North America Ventilator Market, By Mobility, 2015-2024 (USD Million)
Table 8 North America Ventilator Market, By End User, 2015-2024 (USD Million)
Table 9 US Ventilator Market, By Type, 2015-2024 (USD Million)
Table 10 US Ventilator Market, By Mobility, 2015-2024 (USD Million)
Table 11 US Ventilator Market, By End User, 2015-2024 (USD Million)
Table 12 Canada Ventilator Market, By Type, 2015-2024 (USD Million)
Table 13 Canada Ventilator Market, By Mobility, 2015-2024 (USD Million)
Table 14 Canada Ventilator Market, By End User, 2015-2024 (USD Million)
Table 15 Mexico Ventilator Market, By Type, 2015-2024 (USD Million)
Table 16 Mexico Ventilator Market, By Mobility, 2015-2024 (USD Million)
Table 17 Mexico Ventilator Market, By End User, 2015-2024 (USD Million)
Table 18 Europe Ventilator Market, By Country, 2015-2024 (USD Million)
Table 19 Europe Ventilator Market, By Type, 2015-2024 (USD Million)
Table 20 Europe Ventilator Market, By Mobility, 2015-2024 (USD Million)
Table 21 Europe Ventilator Market, By End User, 2015-2024 (USD Million)
Table 22 Germany Ventilator Market, By Type, 2015-2024 (USD Million)
Table 23 Germany Ventilator Market, By Mobility, 2015-2024 (USD Million)
Table 24 Germany Ventilator Market, By End User, 2015-2024 (USD Million)
Table 25 UK Ventilator Market, By Type, 2015-2024 (USD Million)
Table 26 UK Ventilator Market, By Mobility, 2015-2024 (USD Million)
Table 27 UK Ventilator Market, By End User, 2015-2024 (USD Million)
Table 28 France Ventilator Market, By Type, 2015-2024 (USD Million)
Table 29 France Ventilator Market, By Mobility, 2015-2024 (USD Million)
Table 30 France Ventilator Market, By End User, 2015-2024 (USD Million)
Table 31 Italy Ventilator Market, By Type, 2015-2024 (USD Million)
Table 32 Italy Ventilator Market, By Mobility, 2015-2024 (USD Million)
Table 33 Italy Ventilator Market, By End User, 2015-2024 (USD Million)
Table 34 Spain Ventilator Market, By Type, 2015-2024 (USD Million)
Table 35 Spain Ventilator Market, By Mobility, 2015-2024 (USD Million)
Table 36 Spain Ventilator Market, By End User, 2015-2024 (USD Million)
Table 37 Rest of Europe Ventilator Market, By Type, 2015-2024 (USD Million)
Table 38 Rest of Europe Ventilator Market, By Mobility, 2015-2024 (USD Million)
Table 39 Rest of Europe Ventilator Market, By End User, 2015-2024 (USD Million)
Table 40 Asia-Pacific Ventilator Market, By Country, 2015-2024 (USD Million)
Table 41 Asia-Pacific Ventilator Market, By Type, 2015-2024 (USD Million)
Table 42 Asia-Pacific Ventilator Market, By Mobility, 2015-2024 (USD Million)
Table 43 Asia-Pacific Ventilator Market, By End User, 2015-2024 (USD Million)
Table 44 China Ventilator Market, By Type, 2015-2024 (USD Million)
Table 45 China Ventilator Market, By Mobility, 2015-2024 (USD Million)
Table 46 China Ventilator Market, By End User, 2015-2024 (USD Million)
Table 47 India Ventilator Market, By Type, 2015-2024 (USD Million)
Table 48 India Ventilator Market, By Mobility, 2015-2024 (USD Million)
Table 49 India Ventilator Market, By End User, 2015-2024 (USD Million)
Table 50 Japan Ventilator Market, By Type, 2015-2024 (USD Million)
Table 51 Japan Ventilator Market, By Mobility, 2015-2024 (USD Million)
Table 52 Japan Ventilator Market, By End User, 2015-2024 (USD Million)
Table 53 South Korea Ventilator Market, By Type, 2015-2024 (USD Million)
Table 54 South Korea Ventilator Market, By Mobility, 2015-2024 (USD Million)
Table 55 South Korea Ventilator Market, By End User, 2015-2024 (USD Million)
Table 56 Rest of Asia-Pacific Ventilator Market, By Type, 2015-2024 (USD Million)
Table 57 Rest of Asia-Pacific Ventilator Market, By Mobility, 2015-2024 (USD Million)
Table 58 Rest of Asia-Pacific Ventilator Market, By End User, 2015-2024 (USD Million)
Table 59 Middle East and Africa Ventilator Market, By Type, 2015-2024 (USD Million)
Table 60 Middle East and Africa Ventilator Market, By Mobility, 2015-2024 (USD Million)
Table 61 Middle East and Africa Ventilator Market, By End User, 2015-2024 (USD Million)
Table 62 South America Ventilator Market, By Type, 2015-2024 (USD Million)
Table 63 South America Ventilator Market, By Mobility, 2015-2024 (USD Million)
Table 64 South America Ventilator Market, By End User, 2015-2024 (USD Million)
List of Figures
Figure 1 Global Ventilator Market: Market Segmentation
Figure 2 Global Ventilator Market: Research Methodology
Figure 3 Breakdown of Primary Interviews
Figure 4 Top Down Approach
Figure 5 Bottom Up Approach
Figure 6 Data Triangulation
Figure 7 Global Ventilator Market: Drivers, Restraints, Opportunities, and Challenges
Figure 8 Global Ventilator Market: Porter's Five Forces Model Analysis
Figure 9 Global Ventilator Market: Value Chain Analysis
Figure 10 Global Ventilator Market Share Analysis, By Type, 2019 and 2024
Figure 11 Global Ventilator Market Share Analysis, By Mobility, 2019 and 2024
Figure 12 Global Ventilator Market Share Analysis, By End User, 2019 and 2024
Figure 13 Global Ventilator Market Share Analysis, By Region, 2019 and 2024
Figure 14 North America Ventilator Market Share Analysis, By Country, 2019 and 2024
Figure 15 North America Ventilator Market Share Analysis, By Type, 2019 and 2024
Figure 16 North America Ventilator Market Share Analysis, By Mobility, 2019 and 2024
Figure 17 North America Ventilator Market Share Analysis, By End User, 2019 and 2024
Figure 18 Europe Ventilator Market Share Analysis, By Country, 2019 and 2024
Figure 19 Europe Ventilator Market Share Analysis, By Type, 2019 and 2024
Figure 20 Europe Ventilator Market Share Analysis, By Mobility, 2019 and 2024
Figure 21 Europe Ventilator Market Share Analysis, By End User, 2019 and 2024
Figure 22 Asia-Pacific Ventilator Market Share Analysis, By Country, 2019 and 2024
Figure 23 Asia-Pacific Ventilator Market Share Analysis, By Type, 2019 and 2024
Figure 24 Asia-Pacific Ventilator Market Share Analysis, By Mobility, 2019 and 2024
Figure 25 Asia-Pacific Ventilator Market Share Analysis, By End User, 2019 and 2024
Figure 26 Middle East and Africa Ventilator Market Share Analysis, By Type, 2019 and 2024
Figure 27 Middle East and Africa Ventilator Market Share Analysis, By Mobility, 2019 and 2024
Figure 28 Middle East and Africa Ventilator Market Share Analysis, By End User, 2019 and 2024
Figure 29 South America Ventilator Market Share Analysis, By Type, 2019 and 2024
Figure 30 South America Ventilator Market Share Analysis, By Mobility, 2019 and 2024
Figure 31 South America Ventilator Market Share Analysis, By End User, 2019 and 2024
Figure 32 Global Ventilator Market: Competitive Benchmarking
Figure 33 Global Ventilator Market: Vendor Share Analysis, 2019 (%)