Market Overview:
The global hospital use invasive ventilators market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to factors such as the increasing incidence of respiratory diseases, rising geriatric population, and technological advancements in ventilators. Based on type, the ICU ventilators segment is expected to account for the largest share of the global hospital use invasive ventilators market in 2018. This segment is also projected to grow at a higher CAGR than other segments during the forecast period. The high growth rate of this segment can be attributed to increasing demand for ICU ventilators due to rising incidence of respiratory diseases and technological advancements in these devices. Based on application, public hospitals are expected to account for the largest share of the global hospital use invasiveventilator market in 2018.
Product Definition:
Invasive ventilators are medical devices used to help a person breathe. They are often used in hospitals when someone is having trouble breathing on their own.
ICU Ventilators:
The global ICU ventilators market is expected to grow at a CAGR of XX% over the forecast period. Increasing prevalence of respiratory diseases coupled with rising geriatric population prone to various chronic conditions such as Chronic Obstructive Pulmonary Disease (COPD) and sleep apnea are some high impact rendering drivers for this market.
According to the WHO, in 2012, approximately 65 million people were suffering from COPD.
Neonatal Ventilators:
Neonatal ventilators are devices used to support the breathing of infants and premature babies. These devices are also known as baby respirators or nidus respirators. They work by creating a vacuum that is supposed to help in drawing air into the lungs, instead of relying on the patient's respiratory effort alone. The normal range for lung capacity of an infant ranges from 0-8 weeks with an average weight at birth ranging from 1-4 pounds.
Application Insights:
In 2017, the public hospitals segment dominated the market for invasive ventilation and accounted for a revenue share of around 69.0%. The growth in this segment can be attributed to factors such as an increase in number of patients suffering from respiratory disorders requiring mechanical ventilation along with an increase in prevalence of critical illness across all age groups. According to estimates published by NCHS, an estimated 8.6 million hospital stays were associated with some form of respiratory disorder in U.S.
Regional Analysis:
North America dominated the global hospital use invasive ventilators with a market share of 44.2% in 2017. This can be attributed to favorable healthcare reimbursement policies, high patient awareness levels regarding ventilator-associated risks and benefits, well-established infrastructure for critical care, and availability of highly skilled physicians and other staff. Moreover, increasing number of research studies conducted to analyze various factors contributing toward mortality rate is also expected to drive the demand for these devices over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rapidly improving healthcare facilities in developing countries such as India & China along with growing public & private hospitals catering to an increasingly large population base within this region. Furthermore, rising geriatric population coupled with increasing prevalence of chronic diseases will further boost product demand during the forecast period (2018 - 2030).
Growth Factors:
- Increasing incidence of respiratory diseases: The increasing incidence of respiratory diseases is one of the major growth drivers for the global hospital use invasive ventilators market. Respiratory diseases are caused due to various factors such as air pollution, smoking, and others, which leads to difficulty in breathing. This increases the demand for hospital use invasive ventilators for treatment.
- Technological advancements: The technological advancements in the field of medical devices have led to the development of novel and advanced hospital use invasive ventilators products that offer better patient outcomes. This is expected to drive the growth of the global market during the forecast period.
- Rising geriatric population: The rising geriatric population is another key factor that is expected to fuel demand for hospital use invasive ventilators duringthe forecast period. As people age, they are more prone to develop respiratory disorders, which increases their needfor these devicesfor treatment purposes..
Scope Of The Report
Report Attributes
Report Details
Report Title
Hospital Use Invasive Ventilators Market Research Report
By Type
ICU Ventilators, Neonatal Ventilators
By Application
Public Hospitals, Private Hospitals
By Companies
Getinge, Hamilton Medical, Draeger, Mindray, Medtronic, Philips Healthcare, Resmed, Vyaire Medical, Lowenstein Medical Technology, Heyer Medical, Aeonmed, EVent Medical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Hospital Use Invasive Ventilators Market Report Segments:
The global Hospital Use Invasive Ventilators market is segmented on the basis of:
Types
ICU Ventilators, Neonatal Ventilators
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Public Hospitals, Private Hospitals
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Getinge
- Hamilton Medical
- Draeger
- Mindray
- Medtronic
- Philips Healthcare
- Resmed
- Vyaire Medical
- Lowenstein Medical Technology
- Heyer Medical
- Aeonmed
- EVent Medical
Highlights of The Hospital Use Invasive Ventilators Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- ICU Ventilators
- Neonatal Ventilators
- By Application:
- Public Hospitals
- Private Hospitals
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hospital Use Invasive Ventilators Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A hospital use invasive ventilator is a machine that helps people breathe. It's usually used in hospitals to help patients who can't breathe on their own.
Some of the major players in the hospital use invasive ventilators market are Getinge, Hamilton Medical, Draeger, Mindray, Medtronic, Philips Healthcare, Resmed, Vyaire Medical, Lowenstein Medical Technology, Heyer Medical, Aeonmed, EVent Medical.
The hospital use invasive ventilators market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hospital Use Invasive Ventilators Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hospital Use Invasive Ventilators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hospital Use Invasive Ventilators Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hospital Use Invasive Ventilators Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hospital Use Invasive Ventilators Market Size & Forecast, 2020-2028
4.5.1 Hospital Use Invasive Ventilators Market Size and Y-o-Y Growth
4.5.2 Hospital Use Invasive Ventilators Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 ICU Ventilators
5.2.2 Neonatal Ventilators
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Public Hospitals
6.2.2 Private Hospitals
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hospital Use Invasive Ventilators Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hospital Use Invasive Ventilators Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 ICU Ventilators
9.6.2 Neonatal Ventilators
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Public Hospitals
9.10.2 Private Hospitals
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 ICU Ventilators
10.6.2 Neonatal Ventilators
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Public Hospitals
10.10.2 Private Hospitals
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 ICU Ventilators
11.6.2 Neonatal Ventilators
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Public Hospitals
11.10.2 Private Hospitals
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 ICU Ventilators
12.6.2 Neonatal Ventilators
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Public Hospitals
12.10.2 Private Hospitals
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 ICU Ventilators
13.6.2 Neonatal Ventilators
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Public Hospitals
13.10.2 Private Hospitals
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hospital Use Invasive Ventilators Market: Competitive Dashboard
14.2 Global Hospital Use Invasive Ventilators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Getinge
14.3.2 Hamilton Medical
14.3.3 Draeger
14.3.4 Mindray
14.3.5 Medtronic
14.3.6 Philips Healthcare
14.3.7 Resmed
14.3.8 Vyaire Medical
14.3.9 Lowenstein Medical Technology
14.3.10 Heyer Medical
14.3.11 Aeonmed
14.3.12 EVent Medical
