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Mechanical Ventilators Market – Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017 to 2021 and Forecast 2022 to 2028

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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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SKU: N/A Categories: Healthcare, Medical Devices

Description
Table Of Content
Company Profile

Report

Description

Mechanical Ventilators Market size was valued at USD 4.9 billion in 2021 and is expected to reach USD 7.06 billion by 2028, at a CAGR of 6.8% during the forecast period 2022 to 2028. Mechanical Ventilators are devices that help patients breathe by assisting with 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).

Key developments:

In August 2017, Ventinova has launched revolutionary mechanical ventilator Evone®

Mechanical Ventilators Market

MARKET SUMMARY

6.8% CAGR

Study Period– 2022 – 2028
Base Year– 2021
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.