The global ventilators market is expected to grow from USD 1.05 billion in 2019 and to USD 3.02 billion by 2027, growing at a CAGR of 13.96% during the forecast period 2020-2027. Increasing demand for ventilators in intensive care units is one of the crucial factors contributing to the growth of the market. In addition to this, rising incidence of respiratory and lung diseases, also positively driving the growth of the market. Furthermore, rising global pandemic diseases such as SARS, Covid 19, and Acute respiratory diseases (ARDs), is projected to boost the demand for ventilators in the upcoming years.
Market Overview:
Ventilator is the medical device which provides the oxygen by pushing breathable air into the lungs and removing the carbon dioxide from the body. The ventilators are also called as respirators and mainly used in the hospitals and ICUs for the patients who have difficulty in breathing. With the evolving pandemics in the world, there is upsurge demand for the ventilators from all over the world. Therefore, with this increasing demand, many companies are boosting their ventilator production to meet the customer demand.
Report Description:
Market Dynamics:
Drivers:
Restrains:
Opportunities:
Challenges:
Global Ventilators Market Key Findings:
All the segments have been analyzed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment.
Segmentation Analysis:
The global ventilators market has been segmented based on type, modality, and end user.
Regional Segmentation Analysis:
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. North America region dominated the global ventilators market and valued at USD 411.25 million in the year 2019.
Global Ventilators Market Competitive Analysis:
Key players in the global ventilators market are Hamilton Medical, GE Healthcare, ResMed, Smiths Group, Medtronic, Becton, Dickinson and Company, Zoll Medical, Philips Healthcare, Dräger, Getinge, Air Liquide, Allied Healthcare Products, and Fisher & Paykel among others. The companies are mainly focusing on product innovation, merger and acquisition, and geographical expansion to gain a major share in the market.
In March 2020, Getinge announced that the company had increased its ventilator production capacity by almost 60% to meet the need of hospitals and intensive care units.
In March 2020, Smiths Group announced that it has significantly boosted the ventilator production capacity with the Coronavirus outbreaks across the world.
*All our reports are customizable as per customer requirements
This study forecasts revenue and volume growth at global, regional, and country levels from 2017 to 2027. Fior Markets has segmented the global ventilators market on the basis of below mentioned segments:
Global Ventilators Market by Type:
Global Ventilators Market by Modality:
Global Ventilators Market by End User:
Global Ventilators Market by Region:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By Modality
4.3.3. Market Attractiveness Analysis By End User
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increasing prevalence of respiratory and lung diseases
5.2.2. Increasing demand for ventilators from the hospitals and ICUs
5.3. Restrains
5.3.1. High cost of ventilators
5.3.2. Budget constraints of small hospitals
5.4. Opportunities
5.4.1. Increasing global pandemics diseases
5.4.2. Technological development
5.5. Challenges
5.5.1. Stringent government regulations on export-import of medical devices
5.5.2. High rate of infection
6. Global Ventilators Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Intensive Care Ventilators
6.3. Portable Ventilators
7. Global Ventilators Market Analysis and Forecast, By Modality
7.1. Segment Overview
7.2. Invasive Ventilators
7.3. Non Invasive Ventilators
8. Global Ventilators Market Analysis and Forecast, By End User
8.1. Segment Overview
8.2. Hospitals
8.3. Ambulatory Surgery Centres
8.4. Nursing Homes
8.5. Specialty Clinics
8.6. Long Term Care Centres
9. Global Ventilators Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Ventilators Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Ventilators Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Modality Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Hamilton Medical
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. GE Healthcare
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. ResMed
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Smiths Group
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Medtronic
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Zoll Medical
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Becton, Dickinson and Company
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Philips Healthcare
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Dräger
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Getinge
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. Air Liquide
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. Allied Healthcare Products
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
List of Table
1. Global Ventilators Market, By Type, 2017-2027 (USD Billion)(K Units)
2. Global Intensive Care Ventilators, Ventilators Market, By Region, 2017-2027 (USD Billion)(K Units)
3. Global Portable Ventilators, Ventilators Market, By Region, 2017-2027 (USD Billion)(K Units)
4. Global Ventilators Market, By Modality, 2017-2027 (USD Billion)(K Units)
5. Global Invasive Ventilators, Ventilators Market, By Region, 2017-2027 (USD Billion)(K Units)
6. Global Non Invasive Ventilators, Ventilators Market, By Region, 2017-2027 (USD Billion)(K Units)
7. Global Ventilators Market, By End User, 2017-2027 (USD Billion)(K Units)
8. Global Hospitality, Ventilators Market, By Region, 2017-2027 (USD Billion)(K Units)
9. Global Ambulatory Surgery Centres, Ventilators Market, By Region, 2017-2027 (USD Billion)(K Units)
10. Global Nursing Homes, Ventilators Market, By Region, 2017-2027 (USD Billion)(K Units)
11. Global Speciality Clinics, Ventilators Market, By Region, 2017-2027 (USD Billion)(K Units)
12. Global Long Term Care Centres, Ventilators Market, By Region, 2017-2027 (USD Billion)(K Units)
13. North America Ventilators Market, By Type, 2017-2027 (USD Billion)(K Units)
14. North America Ventilators Market, By Modality, 2017-2027 (USD Billion)(K Units)
15. North America Ventilators Market, By End User, 2017-2027 (USD Billion)(K Units)
16. U.S. Ventilators Market, By Type, 2017-2027 (USD Billion)(K Units)
17. U.S. Ventilators Market, By Modality, 2017-2027 (USD Billion)(K Units)
18. U.S. Ventilators Market, By End User, 2017-2027 (USD Billion)(K Units)
19. Canada Ventilators Market, By Type, 2017-2027 (USD Billion)(K Units)
20. Canada Ventilators Market, By Modality, 2017-2027 (USD Billion)(K Units)
21. Canada Ventilators Market, By End User, 2017-2027 (USD Billion)(K Units)
22. Mexico Ventilators Market, By Type, 2017-2027 (USD Billion)(K Units)
23. Mexico Ventilators Market, By Modality, 2017-2027 (USD Billion)(K Units)
24. Mexico Ventilators Market, By End User, 2017-2027 (USD Billion)(K Units)
25. Europe Ventilators Market, By Type, 2017-2027 (USD Billion)(K Units)
26. Europe Ventilators Market, By Modality, 2017-2027 (USD Billion)(K Units)
27. Europe Ventilators Market, By End User, 2017-2027 (USD Billion)(K Units)
28. Germany Ventilators Market, By Type, 2017-2027 (USD Billion)(K Units)
29. Germany Ventilators Market, By Modality, 2017-2027 (USD Billion)(K Units)
30. Germany Ventilators Market, By End User, 2017-2027 (USD Billion)(K Units)
31. France Ventilators Market, By Type, 2017-2027 (USD Billion)(K Units)
32. France Ventilators Market, By Modality, 2017-2027 (USD Billion)(K Units)
33. France Ventilators Market, By End User, 2017-2027 (USD Billion)(K Units)
34. U.K. Ventilators Market, By Type, 2017-2027 (USD Billion)(K Units)
35. U.K. Ventilators Market, By Modality, 2017-2027 (USD Billion)(K Units)
36. U.K. Ventilators Market, By End User, 2017-2027 (USD Billion)(K Units)
37. Italy Ventilators Market, By Type, 2017-2027 (USD Billion)(K Units)
38. Italy Ventilators Market, By Modality, 2017-2027 (USD Billion)(K Units)
39. Italy Ventilators Market, By End User, 2017-2027 (USD Billion)(K Units)
40. Spain Ventilators Market, By Type, 2017-2027 (USD Billion)(K Units)
41. Spain Ventilators Market, By Modality, 2017-2027 (USD Billion)(K Units)
42. Spain Ventilators Market, By End User, 2017-2027 (USD Billion)(K Units)
43. Asia Pacific Ventilators Market, By Type, 2017-2027 (USD Billion)(K Units)
44. Asia Pacific Ventilators Market, By Modality, 2017-2027 (USD Billion)(K Units)
45. Asia Pacific Ventilators Market, By End User, 2017-2027 (USD Billion)(K Units)
46. Japan Ventilators Market, By Type, 2017-2027 (USD Billion)(K Units)
47. Japan Ventilators Market, By Modality, 2017-2027 (USD Billion)(K Units)
48. Japan Ventilators Market, By End User, 2017-2027 (USD Billion)(K Units)
49. China Ventilators Market, By Type, 2017-2027 (USD Billion)(K Units)
50. China Ventilators Market, By Modality, 2017-2027 (USD Billion)(K Units)
51. China Ventilators Market, By End User, 2017-2027 (USD Billion)(K Units)
52. India Ventilators Market, By Type, 2017-2027 (USD Billion)(K Units)
53. India Ventilators Market, By Modality, 2017-2027 (USD Billion)(K Units)
54. India Ventilators Market, By End User, 2017-2027 (USD Billion)(K Units)
55. South America Ventilators Market, By Type, 2017-2027 (USD Billion)(K Units)
56. South America Ventilators Market, By Modality, 2017-2027 (USD Billion)(K Units)
57. South America Ventilators Market, By End User, 2017-2027 (USD Billion)(K Units)
58. Brazil Ventilators Market, By Type, 2017-2027 (USD Billion)(K Units)
59. Brazil Ventilators Market, By Modality, 2017-2027 (USD Billion)(K Units)
60. Brazil Ventilators Market, By End User, 2017-2027 (USD Billion)(K Units)
61. Middle East and Africa Ventilators Market, By Type, 2017-2027 (USD Billion)(K Units)
62. Middle East and Africa Ventilators Market, By Modality, 2017-2027 (USD Billion)(K Units)
63. Middle East and Africa Ventilators Market, By End User, 2017-2027 (USD Billion)(K Units)
64. UAE Ventilators Market, By Type, 2017-2027 (USD Billion)(K Units)
65. UAE Ventilators Market, By Modality, 2017-2027 (USD Billion)(K Units)
66. UAE Ventilators Market, By End User, 2017-2027 (USD Billion)(K Units)
67. South Africa Ventilators Market, By Type, 2017-2027 (USD Billion)(K Units)
68. South Africa Ventilators Market, By Modality, 2017-2027 (USD Billion)(K Units)
69. South Africa Ventilators Market, By End User, 2017-2027 (USD Billion)(K Units)
List of Figures
1. Global Ventilators Market Segmentation
2. Global Ventilators Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Ventilators Market Attractiveness Analysis By Type
9. Global Ventilators Market Attractiveness Analysis By Modality
10. Global Ventilators Market Attractiveness Analysis By End User
11. Global Ventilators Market Attractiveness Analysis By Region
12. Global Ventilators Market: Dynamics
13. Global Ventilators Market Share by Type(2020 & 2027)
14. Global Ventilators Market Share by Modality (2020 & 2027)
15. Global Ventilators Market Share by End User(2020 & 2027)
16. Global Ventilators Market Share by Regions (2020 & 2027)
17. Global Ventilators Market Share by Company (2019)
Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.
Market research is valuable because of the following reasons:
Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.
Our market research process involves with the four specific stages.
Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:
Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:
Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.
This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.
Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.
Free Customization
Countries can be added on demand
Free yearly update on purchase of Multi/Corporate User License
Companies served till date
We serve our customers 24x7 for 365 days through calls, emails and live chat options.
Huge database of exceptional market reports bringing market intelligence to your fingertips.
SSL enabled, we offer you various secured payment options for risk free purchase.