Mechanical Ventilators Market – Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015 to 2020 and Forecast 2021 to 2027

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Global Mechanical Ventilators Market By Product Type (Portable Ventilators, Stationary Ventilators), By Technology (Mechanical Ventilators, Automatic Ventilators), By Interface (Invasive Ventilators, Non-Invasive Ventilators), By Mode (Volume Mode Ventilation, Pressure Mode Ventilation, Combined Mode Ventilation, Others), By End-User (Hospitals, Ambulatory Care Centers, Others) and Geography 

 

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Report

Description

The global mechanical ventilators market size valued USD 4.9 billion in 2020 and expected to reach USD 7.06 billion by 2027, at a CAGR of 6.8% during the forecast period 2021 to 2027. Mechanical Ventilators are the devices that help patients breathe by assisting the inhalation of oxygen into the lungs and the exhalation of carbon dioxide. Based on the patient’s condition, mechanical ventilation can help support or completely control breathing. It is used in various treatments such as acute lung injury and hypoxemia and chronic obstructive pulmonary disease (COPD).

 

Mechanical Ventilators Market

MARKET SUMMARY
-
6.8% CAGR
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 6.8%
  • Largest Market– Europe
  • Fastest Growing Market– North America

Mechanical Ventilators Market

  • The report on global mechanical ventilators market gives historical, current and future market sizes (US$ Mn) based on technology, interface, mode of ventilation, distribution channel and geographical regions
  • mechanical ventilators market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • Acoma Medical Industry Co., Ltd.
  • Bunnell, Inc.
  • Covidien PLC
  • Dräger Medical GmbH
  • GE Healthcare Ltd.
  • Philips Respironics, Inc.
Mechanical Ventilators Market

Drivers And Restraints

Growing incidence of the chronic diseases such as asthma, bronchitis, and chronic obstructive pulmonary disease (COPD) are majorly driving the growth of the mechanical ventilators market. The technological advancements are adding fuel for the growth of the market. Increasing number of accidental emergencies which leads the requirement of the mechanical ventilators is enhancing the growth of the mechanical ventilators market. As per National Center for Health Statistics, the number of emergency department visits for unintentional injuries are 30.8 million.


North-America got significant share

Mechanical Ventilators Market

Geographically, global Mechanical Ventilators market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America Mechanical Ventilators market is growing due to increase in the prevalence of respiratory disorders such as COPD (according to Centers for Disease Control and Prevention 2014, approximately 15.7 Mn Americans were diagnosed with COPD). According to the CDC, in 2015, an estimated 18.4 million U.S. adults had current asthma, and 3,396 adult asthma deaths were reported. An estimated 11%–21% of asthma deaths might be attributable to occupational exposures. Europe and the Asia Pacific follow the North America market. The Asia Pacific mechanical is expected to grow over the forecasted period owing to the presence of the emerging economies and their keen on the development of the healthcare infrastructure.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Notable Market Developments

  • In August 2017, Ventinova has launched revolutionary mechanical ventilator Evone®
Mechanical Ventilators Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • Dräger Medical GmbH
  • Covidien PLC
  • GE Healthcare Ltd.
  • Philips Respironics, Inc.
  • Maquet GmbH & Co. KG.
  • Acoma Medical Industry Co., Ltd.
  • Bunnell, Inc.
  • Bio-Medical Devices International, Inc.

Description

The global mechanical ventilators market size valued USD 4.9 billion in 2020 and expected to reach USD 7.06 billion by 2027, at a CAGR of 6.8% during the forecast period 2021 to 2027. Mechanical Ventilators are the devices that help patients breathe by assisting the inhalation of oxygen into the lungs and the exhalation of carbon dioxide. Based on the patient’s condition, mechanical ventilation can help support or completely control breathing. It is used in various treatments such as acute lung injury and hypoxemia and chronic obstructive pulmonary disease (COPD).

 

ASIA PACIFIC OFFICE

Precision Business Insights, 5th Floor, Mohan’s Elite, Opp : Bharat Petroleum Pump, Khanamet Road, Hitech City, Hyderabad – 500084

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX