Market Overview:
The global medical mechanical ventilators 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 ventilators. Based on type, the global medical mechanical ventilators market is segmented into non-invasive ventilator and invasive ventilator. The non-invasive segment is expected to grow at a higher CAGR during the forecast period owing to its advantages such as easy handling and low risk of infection. Based on application, the global medical mechanical ventilators market is segmented into hospital, clinic, nursing home, and other applications.
Product Definition:
A medical mechanical ventilator is a device that helps a person breathe. It is often used to help people who are having trouble breathing because of an illness or injury.
Non-invasive Ventilator:
Non-invasive ventilator is a device that provides respiratory support to patients by artificial means without the need for invasive procedures such as tracheal intubation. It works on the principle of positive pressure ventilation wherein air is forced in through the mouth and nose with assistance from an external source of vacuum. These devices are gaining popularity owing to their several advantages over invasive methods, which include fewer traumas to patient & physician, faster recovery rate and reduced hospital stay duration among others.
Invasive Ventilator:
An invasive ventilator is a machine that provides respiratory assistance to the patient by delivering precise amounts of air into the patient's lungs. It is used in cases where mechanical ventilation has been ineffective or when it is not possible to perform mouth-to-mouth resuscitation. The device consists of a face mask, breathing circuit, and vacuum pump that are connected by tubing.
Application Insights:
Based on application, the global medical mechanical ventilation devices market is segmented into hospital, clinic, and other. The hospital segment dominated the market in 2017 owing to an increase in patient admissions for respiratory diseases such as asthma. This has resulted in a rise in demand for mechanical ventilation equipment within hospitals globally.
The other application segment includes care settings such as long-term care facilities and assisted living centers that provide assistance to patients with respiratory problems or illnesses requiring ventilatory support during sleep at home or while traveling. The growth of this segment can be attributed to increasing geriatric population across the globe along with rising incidences of chronic obstructive pulmonary disease (COPD). According to data published by GlobalBurdenReport.org, COPD was prevalent among approximately 75 million people across all age groups globally in 2016; however, only about 30 million were diagnosed and fewer than 10 million received treatment [2].
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to various factors such as favorable reimbursement policies, high healthcare expenditure, and increasing awareness about mechanical ventilators. Moreover, a rise in the number of patients with chronic respiratory diseases is 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 rising patient pool and improving economic conditions in emerging countries such as India and China. Furthermore, an increase in government initiatives pertaining to better healthcare facilities for all citizens will boost regional growth further.
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 ventilators in the coming years.
- Technological advancements: The medical mechanical ventilators market is witnessing rapid technological advancements, which is resulting in the development of new and innovative products. This is likely to boost the growth of this market in the near future.
- Growing geriatric population: The geriatric population is growing at a rapid pace across the world, owing to improved healthcare facilities and rising life expectancy rates. This will lead to an increase in demand for medical mechanical ventilators in hospitals and other healthcare facilities over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Mechanical Ventilators Market Research Report
By Type
Non-invasive Ventilator, Invasive Ventilator
By Application
Hospital, Clinic, Nursing Home, Other
By Companies
Hamilton Medical, Getinge, Draeger, Philips Healthcare, Medtronic, Resmed, Vyaire Medical, GE Healthcare, WEINMANN, Mindray, Lowenstein Medical Technology, Siare, 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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Medical Mechanical Ventilators Market Report Segments:
The global Medical Mechanical Ventilators market is segmented on the basis of:
Types
Non-invasive Ventilator, Invasive 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, Clinic, Nursing Home, 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:
- Hamilton Medical
- Getinge
- Draeger
- Philips Healthcare
- Medtronic
- Resmed
- Vyaire Medical
- GE Healthcare
- WEINMANN
- Mindray
- Lowenstein Medical Technology
- Siare
- Heyer Medical
- Aeonmed
- EVent Medical
Highlights of The Medical Mechanical 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:
- Non-invasive Ventilator
- Invasive Ventilator
- By Application:
- Hospital
- Clinic
- Nursing Home
- 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 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 ventilators (MMV) are devices that help people breathe by providing them with oxygen and removing carbon dioxide. MMVs can be used in a hospital or at home.
Some of the key players operating in the medical mechanical ventilators market are Hamilton Medical, Getinge, Draeger, Philips Healthcare, Medtronic, Resmed, Vyaire Medical, GE Healthcare, WEINMANN, Mindray, Lowenstein Medical Technology, Siare, Heyer Medical, Aeonmed, EVent Medical.
The medical mechanical 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 Medical Mechanical 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 Medical Mechanical Ventilators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Mechanical 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 Medical Mechanical 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 Medical Mechanical Ventilators Market Size & Forecast, 2018-2028
4.5.1 Medical Mechanical Ventilators Market Size and Y-o-Y Growth
4.5.2 Medical Mechanical Ventilators Market Absolute $ Opportunity
Chapter 5 Global Medical Mechanical 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 Medical Mechanical Ventilators Market Size Forecast by Type
5.2.1 Non-invasive Ventilator
5.2.2 Invasive Ventilator
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Mechanical 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 Medical Mechanical Ventilators Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Nursing Home
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Mechanical 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 Medical Mechanical 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 Medical Mechanical Ventilators Analysis and Forecast
9.1 Introduction
9.2 North America Medical Mechanical 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 Medical Mechanical Ventilators Market Size Forecast by Type
9.6.1 Non-invasive Ventilator
9.6.2 Invasive 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 Ventilators Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Nursing Home
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 Ventilators Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Mechanical 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 Medical Mechanical Ventilators Market Size Forecast by Type
10.6.1 Non-invasive Ventilator
10.6.2 Invasive 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 Ventilators Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Nursing Home
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 Ventilators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Mechanical 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 Medical Mechanical Ventilators Market Size Forecast by Type
11.6.1 Non-invasive Ventilator
11.6.2 Invasive 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 Ventilators Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Nursing Home
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 Ventilators Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Mechanical 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 Medical Mechanical Ventilators Market Size Forecast by Type
12.6.1 Non-invasive Ventilator
12.6.2 Invasive 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 Ventilators Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Nursing Home
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 Ventilators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Mechanical 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) Medical Mechanical Ventilators Market Size Forecast by Type
13.6.1 Non-invasive Ventilator
13.6.2 Invasive 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 Ventilators Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Nursing Home
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 Ventilators Market: Competitive Dashboard
14.2 Global Medical Mechanical 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 Draeger
14.3.4 Philips Healthcare
14.3.5 Medtronic
14.3.6 Resmed
14.3.7 Vyaire Medical
14.3.8 GE Healthcare
14.3.9 WEINMANN
14.3.10 Mindray
14.3.11 Lowenstein Medical Technology
14.3.12 Siare
14.3.13 Heyer Medical
14.3.14 Aeonmed
14.3.15 EVent Medical
