Medical Ventilator Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Category : Healthcare and Pharmaceuticals | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC631

Introduction

A medical ventilator is a machine outlined to move breathable air into the lungs, to provide relaxing for a tolerant who may be physically unabated with breath or not being able to get sufficient breath. Ventilators are predominantly utilized within home care purpose. Medicinal ventilators are frequently known as "respirators", a term stemming from regularly utilized units in the 1950s (particularly those "Bird Respirator"). The cutting edge ventilators are upgraded ventilator machines, in which patients are ventilated through a bag valve mask. Modern positive pressure ventilator consisting of straight forward structure of a compressible air reservoir or turbine, air and oxygen supplies a set of valves and tubes, and a disposable or reusable patient circuit.

Market Dynamics

The market is driven by factors such as growing instances of respiratory diseases; rise in geriatric population; enhanced instances of preterm birth; and rapid urbanization. Others factors responsible for surging the market are growing levels of pollution, tobacco smoking as well as changing lifestyles. However, market is also restrained by factors such as difficulties associated with mechanical ventilators; availability of cheaper substitutes from local manufacturers, and resistance from patients and physicians.

Market Classification and Overview

The global medical ventilators market is segmented based on product type, age group, interface, mode, and geography. Based on interface, the market is segmented into invasive ventilation and non-invasive ventilation. Based on product type, the market is segmented into intensive care ventilator and portable ventilators. The portable ventilators segment is projected to grow with the highest CAGR owing to the rising adoption of these devices in ambulances and home care settings. By age group, the market is categorized into adult/pediatric ventilator and infant/neonatal ventilator. Based on geography, market is divided into North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. Asia-Pacific is poised to grow rapidly over the forecasted years due to implementation of necessary healthcare insurance, as well as rising geriatric population.

Report Coverage

Market

Medical Ventilator Market

Analysis Period

2015 - 2026

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2026

Market Stratification

Product Type, Age Group, Interface, Mode, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

Market Participants

Some of the major players in the global medical ventilator market include Medtronic PLC; Proteus Digital Health; CapsoVision, Inc.; Olympus Corporation; and Medisafe among others.

Market Segmentation

Market By Type

  • Intensive Care Ventilator
  • Portable Ventilator

Market By Age Group

  • Adult/Pediatric Ventilator
  • Infant/Neonatal Ventilator

Market By Interface

  • Invasive Ventilation
  • Non-Invasive Ventilation

Market By Mode

  • Combined-Mode Ventilation
  • Volume-Mode Ventilation
  • Pressure-Mode Ventilation
  • Others

Market By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA


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