Market Overview:
The global medical mechanical ventilation market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of respiratory diseases, growing geriatric population, and technological advancements in medical mechanical ventilation devices. Based on type, the global medical mechanical ventilation market is segmented into portable ventilators and desktop ventilators. Portable ventilators are further sub-segmented into transportable ventilators and handheld ventilators. Desktop ventilators are further sub-segmented into bedside/fixed mountventilators and floor standing/mobileventilation systems. The portable segment is expected to grow at a higher CAGR during the forecast period as these devices offer greater mobility and flexibility for patients than desktop devices do. Based on application, the global medical mechanical ventilation market is segmented into hospitals, home care settings, ambulatory care centers, and other applications such as military camps or disaster relief sites etcetera). Hospitals account for the majority share of this market owing to rising number of ICU admissions across the globe coupled with increasing demand for homecare services due to changing demographics (growing aging population) worldwide .
Product Definition:
Medical Mechanical Ventilation is a medical device that supports respiration and oxygenation in patients who are unable to breathe spontaneously on their own. The device mechanically inflates and deflates the patient's lungs, simulating natural breathing.
Portable Ventilator:
Portable ventilator is a device used to provide respiratory support to patients who cannot use conventional devices such as mechanical ventilators. It's usage increases the efficiency of respiratory care and reduces the work load of healthcare professionals. Portable ventilators are also known as home ventilation equipment, they are used in cases where patient’s condition does not allow them to use an oxygen concentrator or a CPAP machine at home.
Desktop Ventilator:
A desktop ventilator is a device used to provide respiratory support in home care settings. It helps in maintaining the oxygen level and flow rate of blood by moving the air into and out of the patient's lungs.
The basic function of a desktop ventilator is to help patients breath, it can also assist with other treatments such as CPAP (Continuous Positive Airway Pressure) or BiPAP (bilevel positive airway pressure).
Application Insights:
Based on application, the global medical mechanical ventilation market is segmented into hospital, home care, ambulatory care centers and other. The hospital segment dominated the overall market in terms of revenue in 2017. This high share is attributable to a large patient base with respiratory disorders requiring mechanical ventilation as well as an increasing number of hospitals across the globe. In addition, a growing number of research studies involving ventilators for use in emergency rooms and hospitals are further driving growth.
The home care segment is expected to grow at fastest rate during forecast period owing to rising prevalence of chronic respiratory diseases such as asthma that require regular monitoring and treatment at home by using portable devices such as CPAP machines along with advanced technologies like video-assisted technology for effective delivery of therapy resulting in higher demand for mechanical ventilation equipment among other healthcare devices & services which includes oxygen therapy services and sleep lab testing services (sleep diagnostic service).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position throughout the forecast period owing to increasing awareness about advanced medical devices and favorable reimbursement policies. In addition, presence of key players such as Emerson Electric Co., Honeywell International Inc., and Philips Respironics Inc. is also expected to drive growth over the next eight years.
Asia Pacific is anticipated to witness lucrative growth during the forecast period due to factors such as improving healthcare infrastructure, rising prevalence of chronic diseases, increase in geriatric population along with growing demand for home care services for patients suffering from COPD or other respiratory disorders caused by smoking cigarettes or exposure to second hand smoke at home or work place which results in reduction in productivity leading ultimately into financial losses for organizations over a period of time resulting into loss of revenue which can be addressed by using mechanical ventilation systems thus creating opportunities for industry expansion through new product development.
Growth Factors:
- Increasing incidence of respiratory diseases: The global prevalence of respiratory diseases is increasing due to the changing lifestyle and environmental factors. This is expected to drive the demand for medical mechanical ventilation products in the coming years.
- Technological advancements: The medical mechanical ventilation market is witnessing rapid technological advancements, with new products being launched regularly. This is helping to improve patient outcomes and increase adoption rates.
- Growing geriatric population: The geriatric population is growing at a rapid pace across the world, and this is leading to an increase in the number of patients requiring medical mechanical ventilation treatment.
- Rising healthcare expenditure: Healthcare expenditure around the world continues to grow, providing a major impetus for growth in the medical mechanical ventilation market. Governments are also increasingly allocating funds towards improving access to these devices for patients suffering from respiratory disorders or other critical illnesses that require ventilatory support therapy . 5) Increasing awareness about benefits of using MV devices: There has been a rise in awareness about benefits of using MV devices among both physicians and patients alike over recent years
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Mechanical Ventilation Market Research Report
By Type
Portable Ventilator, Desktop Ventilator
By Application
Hospital, Home Care, Ambulatory Care Center, Other
By Companies
Getinge Group, Mindray, Vyaire Medical, Philips Healthcare, Fisher and Paykel Healthcare, Dräger, GE Healthcare, Hamilton Medical, Nihon Kohden, Smiths Medical, Medtronic, ResMed, Zoll Medical, Leistung, Lowenstein Medical Technology, Aeonmed, EVent Medical, WEINMANN, Onebreath Inc
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
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Medical Mechanical Ventilation Market Report Segments:
The global Medical Mechanical Ventilation market is segmented on the basis of:
Types
Portable Ventilator, Desktop 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
Hospital, Home Care, Ambulatory Care Center, Other
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 Group
- Mindray
- Vyaire Medical
- Philips Healthcare
- Fisher and Paykel Healthcare
- Dräger
- GE Healthcare
- Hamilton Medical
- Nihon Kohden
- Smiths Medical
- Medtronic
- ResMed
- Zoll Medical
- Leistung
- Lowenstein Medical Technology
- Aeonmed
- EVent Medical
- WEINMANN
- Onebreath Inc
Highlights of The Medical Mechanical Ventilation 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:
- Portable Ventilator
- Desktop Ventilator
- By Application:
- Hospital
- Home Care
- Ambulatory Care Center
- Other
- 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 Medical Mechanical Ventilation 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Medical mechanical ventilation (MMV) is a type of ventilation that helps patients with respiratory problems breathe more easily. It works by providing an artificial air supply through a machine that helps the patient breathe.
Some of the key players operating in the medical mechanical ventilation market are Getinge Group, Mindray, Vyaire Medical, Philips Healthcare, Fisher and Paykel Healthcare, Dr¤ger, GE Healthcare, Hamilton Medical, Nihon Kohden, Smiths Medical, Medtronic, ResMed, Zoll Medical, Leistung, Lowenstein Medical Technology, Aeonmed, EVent Medical, WEINMANN, Onebreath Inc.
The medical mechanical ventilation 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 Medical Mechanical Ventilation 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 Medical Mechanical Ventilation Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Mechanical Ventilation 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 Medical Mechanical Ventilation 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 Medical Mechanical Ventilation Market Size & Forecast, 2018-2028
4.5.1 Medical Mechanical Ventilation Market Size and Y-o-Y Growth
4.5.2 Medical Mechanical Ventilation Market Absolute $ Opportunity
Chapter 5 Global Medical Mechanical Ventilation 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 Medical Mechanical Ventilation Market Size Forecast by Type
5.2.1 Portable Ventilator
5.2.2 Desktop Ventilator
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Mechanical Ventilation 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 Medical Mechanical Ventilation Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Home Care
6.2.3 Ambulatory Care Center
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Mechanical Ventilation 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 Medical Mechanical Ventilation 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 Medical Mechanical Ventilation Analysis and Forecast
9.1 Introduction
9.2 North America Medical Mechanical Ventilation 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 Medical Mechanical Ventilation Market Size Forecast by Type
9.6.1 Portable Ventilator
9.6.2 Desktop 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 Medical Mechanical Ventilation Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Home Care
9.10.3 Ambulatory Care Center
9.10.4 Other
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 Medical Mechanical Ventilation Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Mechanical Ventilation 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 Medical Mechanical Ventilation Market Size Forecast by Type
10.6.1 Portable Ventilator
10.6.2 Desktop 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 Medical Mechanical Ventilation Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Home Care
10.10.3 Ambulatory Care Center
10.10.4 Other
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 Medical Mechanical Ventilation Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Mechanical Ventilation 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 Medical Mechanical Ventilation Market Size Forecast by Type
11.6.1 Portable Ventilator
11.6.2 Desktop 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 Medical Mechanical Ventilation Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Home Care
11.10.3 Ambulatory Care Center
11.10.4 Other
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 Medical Mechanical Ventilation Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Mechanical Ventilation 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 Medical Mechanical Ventilation Market Size Forecast by Type
12.6.1 Portable Ventilator
12.6.2 Desktop 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 Medical Mechanical Ventilation Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Home Care
12.10.3 Ambulatory Care Center
12.10.4 Other
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) Medical Mechanical Ventilation Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Mechanical Ventilation 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) Medical Mechanical Ventilation Market Size Forecast by Type
13.6.1 Portable Ventilator
13.6.2 Desktop 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) Medical Mechanical Ventilation Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Home Care
13.10.3 Ambulatory Care Center
13.10.4 Other
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 Medical Mechanical Ventilation Market: Competitive Dashboard
14.2 Global Medical Mechanical Ventilation Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Getinge Group
14.3.2 Mindray
14.3.3 Vyaire Medical
14.3.4 Philips Healthcare
14.3.5 Fisher and Paykel Healthcare
14.3.6 Dräger
14.3.7 GE Healthcare
14.3.8 Hamilton Medical
14.3.9 Nihon Kohden
14.3.10 Smiths Medical
14.3.11 Medtronic
14.3.12 ResMed
14.3.13 Zoll Medical
14.3.14 Leistung
14.3.15 Lowenstein Medical Technology
14.3.16 Aeonmed
14.3.17 EVent Medical
14.3.18 WEINMANN
14.3.19 Onebreath Inc
