Market Overview:
The global ICU invasive ventilators market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of respiratory diseases, growing geriatric population, and technological advancements in ventilators. Based on type, the global ICU invasive ventilators market is segmented into mechanical ventilator and electric turbo ventilator. The electric turboventilation segment is further sub-segmented into high frequency oscillatory ventilation (HFOV) and low frequency oscillatory ventilation (LFOV). In terms of application, the global ICU invasiveventilation market is divided into hospitals, clinics, and others. Geographically, the global ICU invasive Ventilationmarketis analyzed across North America, Latin America,, Europe,, Asia Pacificand Middle East & Africa .
Product Definition:
Invasive ventilators are devices used to mechanically help a person breathe. They are often used in the intensive care unit (ICU) of a hospital.
Mechanical Ventilator:
The global mechanical ventilator market size was valued at USD 2.6 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The increasing prevalence of respiratory diseases such as Chronic Obstructive Pulmonary Disease (COPD) and pneumonia, rising geriatric population base, technological advancements in the field of mechanical ventilation along with growing demand for home healthcare devices are some vital drivers anticipated to boost growth during the forecast period.
Electric Turbo Ventilator:
An electric turbo ventilator is a device used to provide respiratory assistance in patients suffering from respiratory failure. It works by using the principle of vacuum pumps which increases the flow of air into the patient's lungs. The basic function of an ETV is to enable non-invasive ventilation (NIV) for patients with severe COPD and/or ARDS.
The global electric turbo ventilator market was valued at USD 536 million in 2016.
Application Insights:
The others application segment dominated the global market in 2017, accounting for a share of over 60.0%. This is owing to the high prevalence of chronic respiratory diseases such as asthma and COPD. According to estimates from Global Asthma Report 2018, published by Global Asthma Network, around 300 million people are affected by asthma across the world, with approximately 1.5 million deaths occurring due to this disease every year globally. In addition, according to WHO estimates reported in its annual mortality database (2017), around 65% of all premature deaths occur due to non-communicable diseases (NCDs). Therefore, an invasive mechanical ventilator can be life-saving devices for patients suffering from these types of respiratory illnesses.
Based on applications, the global market has been further segmented into hospitals & clinics, other healthcare facilities and emergency services providers (ESPs).
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing prevalence of chronic respiratory diseases, high standard of living, and availability of advanced medical devices. Moreover, favorable reimbursement policies are also expected to drive the growth during the forecast period. Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to improving healthcare infrastructure and rising awareness about ventilators among patients as well as physicians.
In addition Latin America region is anticipated to grow at an exponential rate due its increasing population along with rising incidence & prevalence of COPD.
Growth Factors:
- Increasing incidence of respiratory diseases: The increasing incidence of respiratory diseases, such as asthma, chronic obstructive pulmonary disease (COPD), and pneumonia is expected to drive the demand for ICU invasive ventilators market.
- Growing geriatric population: The growing geriatric population is also anticipated to fuel the growth of ICU invasive ventilators market during the forecast period.
- Technological advancements in ICU invasive ventilators: The technological advancements in ICU invasive ventilators are expected to propel the growth of this market during the forecast period. For instance, in 2017, Philips Healthcare introduced IntelliVent technology that helps clinicians manage patients’ ventilation more effectively and improve patient outcomes while reducing costs associated with care delivery. This technology helps clinicians detect early signs of deterioration and intervene quickly before a patient’s condition worsens significantly thereby improving patient outcomes and reducing length of stay in hospital settings .4) Rising healthcare expenditure: The rising healthcare expenditure is another major factor that is anticipated to boost the demand for ICU invasive ventilators over the next few years.5) Increasing awareness about benefits offered byICUinvasiveventilation devices: There has been an increase in awareness about benefits offered byICUIvasiveventilation devices among both physicians and patients across different geographies which is likely to propelthegrowthofthemarketinthe coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
ICU Invasive Ventilators Market Research Report
By Type
Mechanical Ventilator, Electric Turbo Ventilator
By Application
Hospitals, Clinics, Others
By Companies
Hamilton Medical, Getinge, Dragerwerk, ResMed, Medtronic, Lowenstein Medical, Vyaire Medical, Philips Healthcare, GE Healthcare, BD, Magnamed, Heyer Medical, Mindray, Yuwell, Beijing Aeonmed
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global ICU Invasive Ventilators Market Report Segments:
The global ICU Invasive Ventilators market is segmented on the basis of:
Types
Mechanical Ventilator, Electric Turbo Ventilator
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
Hospitals, Clinics, Others
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:
- Hamilton Medical
- Getinge
- Dragerwerk
- ResMed
- Medtronic
- Lowenstein Medical
- Vyaire Medical
- Philips Healthcare
- GE Healthcare
- BD
- Magnamed
- Heyer Medical
- Mindray
- Yuwell
- Beijing Aeonmed
Highlights of The ICU 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:
- Mechanical Ventilator
- Electric Turbo Ventilator
- By Application:
- Hospitals
- Clinics
- Others
- 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 ICU 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?
ICU invasive ventilators are a type of mechanical ventilation that is used in intensive care units (ICUs). These devices allow doctors to provide life-saving air support to patients who are critically ill and have difficulty breathing on their own. ICU invasive ventilators can be either manual or automatic. Manual ICU invasive ventilators require the help of a doctor or nurse to operate them, while automatic ICUs use sensors and controls to regulate the flow of air into and out of the patient's lungs.
Some of the key players operating in the icu invasive ventilators market are Hamilton Medical, Getinge, Dragerwerk, ResMed, Medtronic, Lowenstein Medical, Vyaire Medical, Philips Healthcare, GE Healthcare, BD, Magnamed, Heyer Medical, Mindray, Yuwell, Beijing Aeonmed.
The icu invasive ventilators market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 ICU 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 ICU Invasive Ventilators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 ICU 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 ICU 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 ICU Invasive Ventilators Market Size & Forecast, 2018-2028
4.5.1 ICU Invasive Ventilators Market Size and Y-o-Y Growth
4.5.2 ICU Invasive Ventilators Market Absolute $ Opportunity
Chapter 5 Global ICU Invasive Ventilators 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 ICU Invasive Ventilators Market Size Forecast by Type
5.2.1 Mechanical Ventilator
5.2.2 Electric Turbo Ventilator
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global ICU Invasive Ventilators 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 ICU Invasive Ventilators Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global ICU 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 ICU 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 ICU Invasive Ventilators Analysis and Forecast
9.1 Introduction
9.2 North America ICU Invasive Ventilators 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 ICU Invasive Ventilators Market Size Forecast by Type
9.6.1 Mechanical Ventilator
9.6.2 Electric Turbo Ventilator
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 ICU Invasive Ventilators Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Others
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 ICU Invasive Ventilators Analysis and Forecast
10.1 Introduction
10.2 Europe ICU Invasive Ventilators 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 ICU Invasive Ventilators Market Size Forecast by Type
10.6.1 Mechanical Ventilator
10.6.2 Electric Turbo Ventilator
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 ICU Invasive Ventilators Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Others
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 ICU Invasive Ventilators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific ICU Invasive Ventilators 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 ICU Invasive Ventilators Market Size Forecast by Type
11.6.1 Mechanical Ventilator
11.6.2 Electric Turbo Ventilator
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 ICU Invasive Ventilators Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Others
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 ICU Invasive Ventilators Analysis and Forecast
12.1 Introduction
12.2 Latin America ICU Invasive Ventilators 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 ICU Invasive Ventilators Market Size Forecast by Type
12.6.1 Mechanical Ventilator
12.6.2 Electric Turbo Ventilator
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 ICU Invasive Ventilators Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Others
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) ICU Invasive Ventilators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) ICU Invasive Ventilators 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) ICU Invasive Ventilators Market Size Forecast by Type
13.6.1 Mechanical Ventilator
13.6.2 Electric Turbo Ventilator
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) ICU Invasive Ventilators Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Others
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 ICU Invasive Ventilators Market: Competitive Dashboard
14.2 Global ICU Invasive Ventilators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hamilton Medical
14.3.2 Getinge
14.3.3 Dragerwerk
14.3.4 ResMed
14.3.5 Medtronic
14.3.6 Lowenstein Medical
14.3.7 Vyaire Medical
14.3.8 Philips Healthcare
14.3.9 GE Healthcare
14.3.10 BD
14.3.11 Magnamed
14.3.12 Heyer Medical
14.3.13 Mindray
14.3.14 Yuwell
14.3.15 Beijing Aeonmed
