Global Ventilator Market

Ventilator Market Size, Share, Growth Analysis, By Product Type(Intensive care ventilators, portable ventilators, and neonatal ventilators), By Mobility(Non-invasive ventilation and invasive ventilation), By Type(Adult ventilators, neonatal ventilators, paediatric ventilator), By Mode(Combined-mode ventilation, volume-mode ventilation, pressure-mode ventilation, and others), By End user(Hospitals, ambulatory surgery centres, speciality clinics, long term care centres), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35A2176 | Region: Global | Published Date: February, 2024
Pages: 242 | Tables: 146 | Figures: 78

Ventilator Market News

  • In December 2022, A soft, robotic implantable ventilator created by MIT researchers was launched that can help the diaphragm contract more naturally.
$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Ventilator Market size was valued at USD 3.67 billion in 2019 and is poised to grow from USD 3.9 billion in 2023 to USD 6.36 billion by 2031, growing at a CAGR of 6.3% in the forecast period (2024-2031).

The ventilator market is highly fragmented and competitive. Major players are adopted strategic developments such as merger and acquisitions, partnerships, advanced technologies, and others to strengthen their position in the market. Key players are focused on developing the innovative products. Recently, non-healthcare companies are collaborated with healthcare companies to increased the production of ventilators and other related accessories. 'ResMed', ' Medtronic plc ', ' Philips Healthcare   ', ' GE Healthcare   ', ' Fisher & Paykel Healthcare Limited   ', ' Drägerwerk AG & Co. KGaA   ', ' Getinge AB   ', ' Hamilton Medical AG   ', ' Smiths Group plc   ', ' Vyaire Medical Inc.   ', ' Allied Healthcare Products Inc.   ', ' Air Liquide Medical Systems   ', ' Hill-Rom Holdings Inc.   ', ' Teleflex Incorporated   ', ' Becton, Dickinson and Company   ', ' Carl Reiner GmbH   ', ' Shenzhen Mindray Bio-Medical Electronics Co. Ltd.   ', ' ZOLL Medical Corporation   ', ' Beijing Aeonmed Co., Ltd.   ', ' Bunnell Incorporated '

Increasing Prevalence of Respiratory Diseases

The technological advancement in ventilators such as portable ventilator and ventilator with sensor are growing in popularity and assisting in giving clinicians real-time monitoring and data transfer. The market is growing rapidly due to increasing prevalence of respiratory diseases in emerging countries such as India, China, Japan, etc.

North America is expected to dominate the ventilator market during the forecast period. The growth of the regional market is attributed to increasing prevalence of respiratory diseases, growing geriatric population, presence of developed healthcare infrastructure and the presence of huge number of hospitals and clinics. In addition, rising disposable income, increased adoption of healthcare insurances, and rising healthcare expenditure, increasing number of ICU admissions are the factors which propel the market growth.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Ventilator Market

Report ID: SQMIG35A2176

$5,300
BUY NOW GET FREE SAMPLE