Ventilator Market By Type (Volume-mode Ventilation, Pressure-mode Ventilation, Combined-mode Ventilation, Others), By Interface (Invasive ventilation, Non-invasive ventilation), By Application (Homecare, ICU, Transportation, Neonatal Intensive Care Unit, Subacute Units), Industry Trends, Estimation & Forecast, 2023-2030

Market Overview

The ventilators are also known as respirators or breathing machines that provide patients with oxygen when one is unable to breathe on their own. Ventilators are used in intensive care medicine, home care, and emergency medicine and in anesthesiology. The Ventilators can be inserted through the mouth or nose, and down the trachea, or through a surgical opening, tracheostomy. A ventilator helps patients to breathe in oxygen and blow out carbon dioxide. Ventilators are equipped with alarm systems and monitoring for patient-related parameters and ventilatory function, backup batteries, oxygen tanks, and remote control.

Ventilator market is estimated to reach $6.7 billion by 2030; growing at a CAGR of 6.8% till 2030

Market Dynamics

Increasing Prevalence of Respiratory Diseases is boosting the global Ventilator market. For instance, according to the World Health Organization (WHO), Respiratory diseases are leading causes of death in the world. Each year 65million people suffer from the chronic obstructive pulmonary disease (COPD) and 3 million dies from it, which makes it the 3rd leading cause of death globally. Worldwide 334 million people suffer from asthma, affecting 14% of all children. Each year 10 million people develop tuberculosis (TB), and 1.4 million dies from it. Around 1.6 million people die each year from Lung cancer. About 4million people die by prematurely from the chronic respiratory disease globally. Rising Number of Preterm Births are key driving factors of the market. However, problems associated with the use of Ventilators might hamper market growth. For instance, the ventilator may cause infection in the lungs. It can also cause pneumonia. Ventilator-associated pneumonia (VAP) is a lung infection to people using mechanical ventilation breathing machines in hospitals. Sinus infection is also common if the breathing tube is from mouth or nose. Moreover, Increasing Demand for Home Care Therapeutic Devices would provide lucrative opportunities for the market in the coming years.

Market Segmentation

The global Ventilator market is mainly classified based on Type, Interface, Application. Type is further segmented into Volume-mode Ventilation, Pressure-mode Ventilation, Combined-mode Ventilation, Others. Pressure-mode Ventilation is a pressure-targeted, time-cycled mode of ventilation. Pressure-mode Ventilation is dominating the global Ventilator market, due to increasing utilization of Pressure-mode Ventilation as it increases mean airway pressure, increase duration of alveolar recruitment, it is also protective against barotrauma, it helps in breathing, and improve patient comfort. Pressure-mode Ventilation accounts for approximately 38.11% of market share. Further, By Interface, the market is divided into Invasive ventilation, Non-invasive ventilation. By Application, the market is further divided into Homecare, ICU, Transportation, Neonatal Intensive Care Unit, Subacute Units.

Regional Analysis

Based on geography, the global Ventilator market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

North America is dominating the global Ventilator market. The increasing prevalence for Respiratory Diseases, regulatory approvals for ventilators, competitive strategy by the companies is boosting the North America Ventilator market. In the United States, around 25 million people have asthma. Approximately 14.8 million adults have been diagnosed with COPD. In the U.S, 9 million adults had chronic bronchitis, and the number of death counts for 160,201 in 2018. According to Centers for Disease Control and Prevention, in 2018, an estimated 16 million adults had COPD in the United States. According to Asthma and Allergy Foundation, around 25 million Americans suffer from asthma.

Competitive Players/ Competitive landscape/ Key Players/Market Leaders

Key players operating in the Ventilator industry include ResMed, Medtronic, BD, Philips, GE Healthcare, Teijin, Fisher & Paykel, Drive Devilbiss, eVent Medical, Hamilton Medical, Draegerwerk, Breas Medical, Smiths Group, Getinge.

Increasing commercialization of new products, regulatory approvals, competitive strategy between companies to develop and distribute the products is boosting the Ventilator market. For instance, on November 08, 2019, Nihon Kohden, a U.S. market leader in precision medical products and services, has introduced its new NKV-550 Series Ventilator System for patients of all ages. The NKV-550is an innovative ventilator that features intuitive user interface, an integrated touchscreen, and on-screen help functions.

Ventilator Market Key Segments

By Type
• Volume-mode Ventilation
• Pressure-mode Ventilation
• Combined-mode Ventilation
• Others

By Interface
• Invasive ventilation
• Non-invasive ventilation

By Application
• Homecare
• ICU
• Transportation
• Neonatal Intensive Care Unit
• Subacute Units

By Geography

• North America
o The U.S.
o Canada
o Mexico

• Europe
o U.K
o Germany
o France
o Italy
o Rest of Europe

• Asia Pacific
o India
o China
o Japan
o South Korea
o Rest of Asia Pacific

• South America
o Brazil
o Argentina
o Rest of South America

• Middle East & Africa
o GCC Countries
o Egypt
o South Africa
o Rest of Middle East & Africa

Key Global Ventilator Industry Players

• ResMed
• Medtronic
• BD
• Philips
• GE Healthcare
• Teijin
• Fisher & Paykel
• Drive Devilbiss
• eVent Medical
• Hamilton Medical
• Draegerwerk
• Breas Medical
• Smiths Group
• Getinge

Table of Content

1. Market Introduction
1.1. Executive Summary
1.2. Market Definition
1.3. Market Scope

2. Research Methodology
2.1. Primary Research
2.2. Research Methodology
2.3. Assumptions & Exclusions
2.4. Secondary data sources

3. Ventilator Market Overview
3.1. Report Segmentation & Scope
3.2. Key Market Trend
3.3. Drivers
3.3.1. Increasing Prevalence of Respiratory Diseases
3.3.2. Rising Number of Preterm Births
3.4. Restraints
3.4.1. Complications associated with the use of Ventilators
3.5. Opportunity
3.5.1. Increasing Demand for Home Care Therapeutic Devices
3.6. Porter’s Five Forces Analysis
3.6.1. Porter’s Five Forces Analysis
3.7. Market Share Analysis

4. Type Overview
4.1. Introduction
4.1.1. Market Size & Forecast
4.2. Volume-mode Ventilation
4.2.1. Market Size & Forecast
4.3. Pressure-mode Ventilation
4.3.1. Market Size & Forecast
4.4. Combined-mode Ventilation
4.4.1. Market Size & Forecast
4.5. Others
4.5.1. Market Size & Forecast

5. Interface Overview
5.1. Introduction
5.1.1. Market Size & Forecast
5.2. Invasive ventilation
5.2.1. Market Size & Forecast
5.3. Non-invasive ventilation
5.3.1. Market Size & Forecast

6. Application Overview
6.1. Introduction
6.1.1. Market Size & Forecast
6.2. Homecare
6.2.1. Market Size & Forecast
6.3. ICU
6.3.1. Market Size & Forecast
6.4. Transportation
6.4.1. Market Size & Forecast
6.5. Neonatal Intensive Care Unit
6.5.1. Market Size & Forecast
6.6. Subacute Units
6.6.1. Market Size & Forecast

7. Ventilator Market Regional Overview
7.1. Introduction
7.1.1. Market Size & Forecast
7.2. North America Ventilator Market
7.2.1. North America Market Size & Forecast, By Country
7.2.2. North America Market Size & Forecast, By Type
7.2.3. North America Market Size & Forecast, By Interface
7.2.4. North America Market Size & Forecast, By Application
7.2.5. The U.S.
7.2.5.1. Market Size and Forecast
7.2.6. Canada
7.2.6.1. Market Size and Forecast
7.2.7. Mexico
7.2.7.1. Market Size and Forecast
7.3. Europe Ventilator Market
7.3.1. Europe Market Size & Forecast, By Country
7.3.2. Europe Market Size & Forecast, By Type
7.3.3. Europe Market Size & Forecast, By Interface
7.3.4. Europe Market Size & Forecast, By Application
7.3.5. Germany
7.3.5.1. Market Size and Forecast
7.3.6. France
7.3.6.1. Market Size and Forecast
7.3.7. UK
7.3.7.1. Market Size and Forecast
7.3.8. Italy
7.3.8.1. Market Size and Forecast
7.3.9. Spain
7.3.9.1. Market Size and Forecast
7.3.10. Rest of Europe
7.3.10.1. Market Size and Forecast
7.4. Asia-Pacific Ventilator Market
7.4.1. Asia-Pacific Market Size & Forecast, By Country
7.4.2. Asia-Pacific Market Size & Forecast, By Type
7.4.3. Asia-Pacific Market Size & Forecast, By Interface
7.4.4. Asia-Pacific Market Size & Forecast, By Application
7.4.5. Japan
7.4.5.1. Market Size and Forecast
7.4.6. China
7.4.6.1. Market Size and Forecast
7.4.7. Australia
7.4.7.1. Market Size and Forecast
7.4.8. India
7.4.8.1. Market Size and Forecast
7.4.9. South Korea
7.4.9.1. Market Size and Forecast
7.4.10. Rest of Asia-Pacific
7.4.10.1. Market Size and Forecast
7.5. South America Ventilator Market
7.5.1. South America Market Size & Forecast, By Country
7.5.2. South America Market Size & Forecast, By Type
7.5.3. South America Market Size & Forecast, By Interface
7.5.4. South America Market Size & Forecast, By Application
7.5.5. Brazil
7.5.5.1. Market Size and Forecast
7.5.6. Argentina
7.5.6.1. Market Size and Forecast
7.5.7. Rest of South America
7.5.7.1. Market Size and Forecast
7.6. Middle East & Africa Ventilator Market
7.6.1. Middle East & Africa Market Size & Forecast, By Country
7.6.2. Middle East & Africa Market Size & Forecast, By Type
7.6.3. Middle East & Africa Market Size & Forecast, By Interface
7.6.4. Middle East & Africa Market Size & Forecast, By Application
7.6.5. GCC Countries
7.6.5.1. Market Size and Forecast
7.6.6. Egypt
7.6.6.1. Market Size and Forecast
7.6.7. South Africa
7.6.7.1. Market Size and Forecast
7.6.8. Rest of Middle East & Africa
7.6.8.1. Market Size and Forecast

8. Company Profile
8.1. ResMed
8.1.1. Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
8.1.2. ResMed Product Category, Application, and Specification
8.1.3. ResMed Financial Performance (2016-2018)
8.1.4. Main Business/Business Overview
8.2. Medtronic
8.3. BD
8.4. Philips
8.5. GE Healthcare
8.6. Teijin
8.7. Fisher & Paykel
8.8. Drive Devilbiss
8.9. eVent Medical
8.10. Hamilton Medical
8.11. Draegerwerk
8.12. Breas Medical
8.13. Smiths Group
8.14. Getinge