Market Overview:
The global ventilation devices market is expected to grow at a CAGR of 5.8% 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 ventilators. The global ventilation devices market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into non-invasive ventilator and invasive ventilator. Non-invasive ventilators are further sub-segmented into nasal continuous positive airway pressure (NCPAP) device and bilevel positive airway pressure (BiPAP) device. On the basis of application, critical care accounted for majority share in 2017 owing to rising number of ICU admissions globally coupled with increasing prevalence rates for various respiratory diseases such as chronic obstructive pulmonary disease (COPD), asthma etc.
Product Definition:
A ventilation device is a machine that moves air into and out of a building or room. Ventilation devices are important because they help to remove pollutants from the air and can help to control the temperature of a building or room.
Non-invasive Ventilator:
Non-invasive ventilator is a device that helps in breathing without the help of mouth and nose. It's an artificial lung which provides support to patients who cannot use their lungs or have difficulty in breathing.
It works by creating pressure difference between the patient’s mouth and nose, thus causing inhalation while exhalation takes place through the nasal passage as it creates negative pressure inside the patient’s body.
Invasive Ventilator:
An invasive ventilator is a device that provides respiratory support to patients by delivering air directly into the patient's lungs. It differs from an open system in which the breath is drawn through a mask connected to a machine that delivers oxygen. The major difference between these two devices includes the method of lung expansion; while an invasive ventilator uses suction, an open system uses pressure.
Invasive ventilation has been used for centuries.
Application Insights:
The critical care segment dominated the global ventilation devices market in 2017 and is expected to witness a CAGR of XX% over the forecast period. The growth can be attributed to an increase in patient admissions for respiratory diseases, such as asthma and COPD. Ventilation devices are used for treating these patients, especially those requiring mechanical ventilation or assisted living respirators for lung support during weaning from mechanical ventilation.
The transport and portable segment accounted for a revenue share of 23.3% in 2017 owing to increasing demand from developing countries such as India, China.
Regional Analysis:
North America dominated the global market in 2017 owing to favorable reimbursement policies, high healthcare expenditure, and increasing awareness about advanced ventilators. The U.S., which is the most developed country in North America, accounted for a major share of the overall regional market due to its well-developed healthcare infrastructure and growing medical tourism industry.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to improving economic conditions and rising health care expenditure in emerging countries such as China & India. Furthermore, an increase in chronic respiratory diseases coupled with a rise in hospital-acquired infections will boost product demand further driving growth across this region during the forecast period from 2018 to 2030 (USD Exchange Rate). Middle East & Africa also has potential growth opportunities for these products due their low per capita income compared with other regions; thus making them more susceptible towards infectious diseases that require critical care services (Zahra et al., 2016).
Growth Factors:
- Increasing awareness about the health hazards associated with indoor air pollution and the need for better ventilation
- Growing demand from construction sector for energy-efficient ventilation systems
- Rising popularity of green buildings, which require more efficient ventilation systems
- Proliferation of smart homes, which are equipped with advanced sensors and controllers that can optimize ventilation systems
- Stringent government regulations mandating installation of proper ventilation systems in residential and commercial buildings
Scope Of The Report
Report Attributes
Report Details
Report Title
Ventilation Devices Market Research Report
By Type
Non-invasive Ventilator, Invasive Ventilator
By Application
Critical Care, Transport and Portable
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
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Ventilation Devices Market Report Segments:
The global Ventilation Devices 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
Critical Care, Transport and Portable
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 Ventilation Devices 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:
- Critical Care
- Transport and Portable
- 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 Ventilation Devices 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?
A ventilation device is a machine or device used to provide fresh air into, or remove stale air from, an enclosed space.
Some of the major players in the ventilation devices 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 ventilation devices market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ventilation Devices 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 Ventilation Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ventilation Devices 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 Ventilation Devices 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 Ventilation Devices Market Size & Forecast, 2020-2028
4.5.1 Ventilation Devices Market Size and Y-o-Y Growth
4.5.2 Ventilation Devices 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 Non-invasive Ventilator
5.2.2 Invasive Ventilator
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 Critical Care
6.2.2 Transport and Portable
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ventilation Devices 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 Ventilation Devices 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 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 Market Size Forecast by Applications
9.10.1 Critical Care
9.10.2 Transport and Portable
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 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 Market Size Forecast by Applications
10.10.1 Critical Care
10.10.2 Transport and Portable
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 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 Market Size Forecast by Applications
11.10.1 Critical Care
11.10.2 Transport and Portable
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 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 Market Size Forecast by Applications
12.10.1 Critical Care
12.10.2 Transport and Portable
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 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) Market Size Forecast by Applications
13.10.1 Critical Care
13.10.2 Transport and Portable
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 Ventilation Devices Market: Competitive Dashboard
14.2 Global Ventilation Devices 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
