Emergency Ventilator Market Analysis By Type(Volume-controlled ventilation modes, Pressure-controlled ventilation modes, Spontaneous breathing (non-invasive)), By Application(Children, Adults, Infant), By End User(Hospitals, Home Healthcare) & Forecast 2024-2035
- PUBLISHED ON
- 11/23/2022
- NO OF PAGES
- 206
- CATEGORY
- Healthcare & Life Sciences
The global emergency ventilator market size was valued at USD 5.5 billion in 2021 and is projected to reach around USD 4.2 billion in 2030 exhibiting a CAGR of 4.5% in the forecasted period. The growth in number of medical care units and ICU beds, increase in incidence & prevalence of chronic and infectious diseases are projected to drive the emergency ventilator market over the years. Moreover, urbanization and increasing pollution level, rapid upsurge in geriatric population, and surge in incidence of preterm births are projected to increase the market growth. However, high cost of ventilators and their arrangement is expected to prompt people to choose substitute oxygenation therapies. Moreover, some difficulties are related to the usage of ventilators.
The market is principally driven by increasing concern among people about their health and safety. Ambulances are fixed with emergency ventilators that help patients avail medical necessities on their way to the hospital. All these are factors drive the ventilator market; however, high cost of ventilators and their setup is likely to prompt people to prefer alternative oxygenation therapies. Furthermore, some complications are associated with the usage of ventilators. These factors are hampering the market. As per the Centers for Disease Control and Prevention, chronic obstructive pulmonary disease (COPD) is the fourth-leading cause of demise in the U.S. Tobacco smoke reasons major damage in the U.S.; however, 1 out of 4 individuals with COPD has never smoked in their life. Above 140,000 U.S. citizens die of COPD per year, i.e., is 1 death every 4 minutes. COPD is a vital cause of death, globally. It is anticipated to become the world’s third-biggest health threat by the end of 2020.
The COVID-19 pandemic has been beneficial for the market and it rendered a positive impact on the market growth. The necessity for ventilation facilities throughout the COVID-19 outbreak rapidly improved day-to-day functioning capabilities. The American Association for Respiratory Care joined hands with the numerous organizations to train respiratory therapists on operative ventilators during COVID-19. This has further moved the market players to upsurge their production capabilities to meet the increased demand. Several manufacturers were flooded with orders throughout the pandemic. In March 2020, Philips declared that it ramped up the production of critical care products and solutions to support the diagnosis and treatment of patients with COVID-19. The company also enlarged the manufacture of patient vital signs monitors and portable ventilators and consumables for invasive and non-invasive ventilation to treat a broad range of breathing problems.
Type Insights
Based on type, the market is segmented into volume-controlled ventilation modes, pressure-controlled ventilation modes, spontaneous breathing (non-invasive). The volume-controlled ventilation modes segment is expected to hold the maximum market share. The factors can be accredited to less side-effects of treatment and a high degree of accuracy.
Application Insights
On the basis of application, the market is bifurcated into children, adults, and infant. The adults segment is expected to hold the most substantial CAGR in the estimated period owing to the increasing use of emergency ventilators for adults all over the world.
End User Insights
On the basis of end user, the market is bifurcated into hospitals, home healthcare, and others. The hospitals segment is expected to hold the most substantial share in the estimated period owing to growing hospitals’ expenditure that permits the approval of technologically advanced ventilators. In addition, the convenience of skilled health care providers to function these ventilators, the enlarged emphasis on better health results, and better productivity of hospitals are contributing to the segment growth.
The home healthcare segment is predicted to witness the fastest growth during the forecast period. A growing number of government enterprises intended at curbing healthcare expenditures by endorsing home healthcare support the market growth.
Region Insights
North America held a notable share of the global ventilators market in 2021. A growing number of critically ill COVID-19 patients in the U.S. (4,813,647 as of 3 August 2020) and the presence of prominent manufacturers applying production boosts are key elements boosting the regional market. Moreover, the U.S. automotive giants like Ford, Tesla, and GM have switched their assembly lines for medical supplies such as mechanical ventilators, masks, and other medical devices to assist the government with the deficiency problems of these devices. This, in turn, caused in the significant growth of the regional market.
The market in the Asia Pacific region is anticipated to expand at a prominent CAGR during the forthcoming period. Fast expansion of the healthcare business in China and India and a rapid upsurge in COVID-19 patients is anticipated to drive the demand for emergency ventilators in the near future. Major factors that projected to boost the market in the region are upsurge in the elderly population, growth in accessibility to ventilators, increase in investments in the region by major market players, and existence of a favourable regulatory environment in the region.
Key Companies Insights
To stay competitive in the total market, players are using new methods such as new product development, mergers and acquisitions, joint projects, and geographic expansions. Some of the key companies working in the global emergency ventilator market include:
· Koninklijke Philips N.V.
· ResMed
· Medtronic plc
· Becton, Dickinson and Company
· Getinge
· Drägerwerk AG
· Smiths Group plc
· Hamilton Medical
· GE Healthcare
· Fisher & Paykel
· Air Liquide
· Zoll Medical Corporation
· Allied Healthcare Products, Inc.
· Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
· Schiller
· Other players
Some of the Recent Developments:
· In November 2020, Philips’s Ventilator BiPAP A40 EFL enables health care specialists to automatically screen and identify expiratory flow limits to provide optimal homecare treatment. Thereby, the launch of new products with advanced technology is estimated to boost the market growth.
· In March 2020, Hamilton Medical accelerated the production of some 15,000 mechanical ventilators yearly by 30.0% - 40.0% and is now manufacturing about 80 mechanical ventilators daily.
Segments
By Type
· Volume-controlled ventilation modes
· Pressure-controlled ventilation modes
· Spontaneous breathing (non-invasive)
By Application
· Children
· Adults
· Infant
By End User
· Hospitals
· Home Healthcare
· Others
Global Emergency Ventilator Market: EstimationBoth the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
Reasons to Purchase Emergency Ventilator Market Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Historic Year: 2016-2022
Forecast: 2024-2035
1.1 Product Overview and Scope of Emergency Ventilator
1.2 Emergency Ventilator Segment by Type
1.2.1 Global Emergency Ventilator Sales Growth Rate Comparison by Type (2022-2030)
1.2.2 Volume-controlled ventilation modes
1.2.3 Pressure-controlled ventilation modes
1.2.4 Spontaneous breathing (non-invasive)
1.3 Emergency Ventilator Segment by Application
1.3.1 Emergency Ventilator Sales Comparison by Application: (2022-2030)
1.3.2 Adult
1.3.3 Child
1.3.4 Infant
1.4 Global Emergency Ventilator Market Size Estimates and Forecasts
1.4.1 Global Emergency Ventilator Revenue 2016-2030
1.4.2 Global Emergency Ventilator Sales 2016-2030
1.4.3 Emergency Ventilator Market Size by Region: 2016 Versus 2022 Versus 2030
2 Emergency Ventilator Market Competition by Manufacturers
2.1 Global Emergency Ventilator Sales Market Share by Manufacturers (2016-2021)
2.2 Global Emergency Ventilator Revenue Market Share by Manufacturers (2016-2021)
2.3 Global Emergency Ventilator Average Price by Manufacturers (2016-2021)
2.4 Manufacturers Emergency Ventilator Manufacturing Sites, Area Served, Product Type
2.5 Emergency Ventilator Market Competitive Situation and Trends
2.5.1 Emergency Ventilator Market Concentration Rate
2.5.2 The Global Top 5 and Top 10 Largest Emergency Ventilator Players Market Share by Revenue
2.5.3 Global Emergency Ventilator Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.6 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Emergency Ventilator Retrospective Market Scenario by Region
3.1 Global Emergency Ventilator Retrospective Market Scenario in Revenue by Region: 2016-2021
3.2 Global Emergency Ventilator Retrospective Market Scenario in Sales by Region: 2016-2021
3.3 North America Emergency Ventilator Market Facts & Figures by Country
3.3.1 North America Emergency Ventilator Sales by Country
3.3.2 North America Emergency Ventilator Revenue by Country
3.3.3 United States
3.3.4 Canada
3.3.3 Mexico
3.4 Europe Emergency Ventilator Market Facts & Figures by Country
3.4.1 Europe Emergency Ventilator Sales by Country
3.4.2 Europe Emergency Ventilator Revenue by Country
3.4.3 Germany
3.4.4 France
3.4.5 UK
3.4.6 Italy
3.4.7 Russia
3.5 Asia Pacific Emergency Ventilator Market Facts & Figures by Region
3.5.1 Asia Pacific Emergency Ventilator Sales by Region
3.5.2 Asia Pacific Emergency Ventilator Revenue by Region
3.5.3 China
3.5.4 Japan
3.5.5 South Korea
3.5.6 India
3.5.7 Australia
3.5.8 Indonesia
3.5.9 Thailand
3.5.10 Malaysia
3.5.11 Philippines
3.5.12 Vietnam
3.6 Latin America Emergency Ventilator Market Facts & Figures by Country
3.6.1 Latin America Emergency Ventilator Sales by Country
3.6.2 Latin America Emergency Ventilator Revenue by Country
3.6.3 Brazil
3.7 Middle East and Africa Emergency Ventilator Market Facts & Figures by Country
3.7.1 Middle East and Africa Emergency Ventilator Sales by Country
3.7.2 Middle East and Africa Emergency Ventilator Revenue by Country
3.7.3 Turkey
3.7.4 GCC Countries
3.7.5 Egypt
3.7.6 South Africa
4 Global Emergency Ventilator Historic Market Analysis by Type
4.1 Global Emergency Ventilator Sales Market Share by Type (2016-2021)
4.2 Global Emergency Ventilator Revenue Market Share by Type (2016-2021)
4.3 Global Emergency Ventilator Price by Type (2016-2021)
5 Global Emergency Ventilator Historic Market Analysis by Application
5.1 Global Emergency Ventilator Sales Market Share by Application (2016-2021)
5.2 Global Emergency Ventilator Revenue Market Share by Application (2016-2021)
5.3 Global Emergency Ventilator Price by Application (2016-2021)
6 Key Companies Profiled
6.1 Weinmann Geraete
6.1.1 Weinmann Geraete Corporation Information
6.1.2 Weinmann Geraete Description and Business Overview
6.1.3 Weinmann Geraete Emergency Ventilator Sales, Revenue and Gross Margin (2016-2021)
6.1.4 Weinmann Geraete Product Portfolio
6.1.5 Weinmann Geraete Recent Developments/Updates
6.2 Draeger Medical GmbH
6.2.1 Draeger Medical GmbH Corporation Information
6.2.2 Draeger Medical GmbH Description and Business Overview
6.2.3 Draeger Medical GmbH Emergency Ventilator Sales, Revenue and Gross Margin (2016-2021)
6.2.4 Draeger Medical GmbH Product Portfolio
6.2.5 Draeger Medical GmbH Recent Developments/Updates
6.3 Air Liquide Medical Systems S.A.
6.3.1 Air Liquide Medical Systems S.A. Corporation Information
6.3.2 Air Liquide Medical Systems S.A. Description and Business Overview
6.3.3 Air Liquide Medical Systems S.A. Emergency Ventilator Sales, Revenue and Gross Margin (2016-2021)
6.3.4 Air Liquide Medical Systems S.A. Product Portfolio
6.3.5 Air Liquide Medical Systems S.A. Recent Developments/Updates
6.4 Ambulanc(Shenzhen) Tech.Co.,Ltd
6.4.1 Ambulanc(Shenzhen) Tech.Co.,Ltd Corporation Information
6.4.2 Ambulanc(Shenzhen) Tech.Co.,Ltd Description and Business Overview
6.4.3 Ambulanc(Shenzhen) Tech.Co.,Ltd Emergency Ventilator Sales, Revenue and Gross Margin (2016-2021)
6.4.4 Ambulanc(Shenzhen) Tech.Co.,Ltd Product Portfolio
6.4.5 Ambulanc(Shenzhen) Tech.Co.,Ltd Recent Developments/Updates
6.5 Henan Zosing Medical Instrument
6.5.1 Henan Zosing Medical Instrument Corporation Information
6.5.2 Henan Zosing Medical Instrument Description and Business Overview
6.5.3 Henan Zosing Medical Instrument Emergency Ventilator Sales, Revenue and Gross Margin (2016-2021)
6.5.4 Henan Zosing Medical Instrument Product Portfolio
6.5.5 Henan Zosing Medical Instrument Recent Developments/Updates
6.6 Shanghai Medical Instrument
6.6.1 Shanghai Medical Instrument Corporation Information
6.6.2 Shanghai Medical Instrument Description and Business Overview
6.6.3 Shanghai Medical Instrument Emergency Ventilator Sales, Revenue and Gross Margin (2016-2021)
6.6.4 Shanghai Medical Instrument Product Portfolio
6.6.5 Shanghai Medical Instrument Recent Developments/Updates
6.7 Jiuxin Medical Technology
6.6.1 Jiuxin Medical Technology Corporation Information
6.6.2 Jiuxin Medical Technology Description and Business Overview
6.6.3 Jiuxin Medical Technology Emergency Ventilator Sales, Revenue and Gross Margin (2016-2021)
6.4.4 Jiuxin Medical Technology Product Portfolio
6.7.5 Jiuxin Medical Technology Recent Developments/Updates
6.8 AEONMED
6.8.1 AEONMED Corporation Information
6.8.2 AEONMED Description and Business Overview
6.8.3 AEONMED Emergency Ventilator Sales, Revenue and Gross Margin (2016-2021)
6.8.4 AEONMED Product Portfolio
6.8.5 AEONMED Recent Developments/Updates
6.9 NewTech Medical
6.9.1 NewTech Medical Corporation Information
6.9.2 NewTech Medical Description and Business Overview
6.9.3 NewTech Medical Emergency Ventilator Sales, Revenue and Gross Margin (2016-2021)
6.9.4 NewTech Medical Product Portfolio
6.9.5 NewTech Medical Recent Developments/Updates
6.10 B.N.O.S. Meditech Ltd
6.10.1 B.N.O.S. Meditech Ltd Corporation Information
6.10.2 B.N.O.S. Meditech Ltd Description and Business Overview
6.10.3 B.N.O.S. Meditech Ltd Emergency Ventilator Sales, Revenue and Gross Margin (2016-2021)
6.10.4 B.N.O.S. Meditech Ltd Product Portfolio
6.10.5 B.N.O.S. Meditech Ltd Recent Developments/Updates
6.11 ResMed
6.11.1 ResMed Corporation Information
6.11.2 ResMed Emergency Ventilator Description and Business Overview
6.11.3 ResMed Emergency Ventilator Sales, Revenue and Gross Margin (2016-2021)
6.11.4 ResMed Product Portfolio
6.11.5 ResMed Recent Developments/Updates
7 Emergency Ventilator Manufacturing Cost Analysis
7.1 Emergency Ventilator Key Raw Materials Analysis
7.1.1 Key Raw Materials
7.1.2 Key Suppliers of Raw Materials
7.2 Proportion of Manufacturing Cost Structure
7.3 Manufacturing Process Analysis of Emergency Ventilator
7.4 Emergency Ventilator Industrial Chain Analysis
8 Marketing Channel, Distributors and Customers
8.1 Marketing Channel
8.2 Emergency Ventilator Distributors List
8.3 Emergency Ventilator Customers
9 Emergency Ventilator Market Dynamics
9.1 Emergency Ventilator Industry Trends
9.2 Emergency Ventilator Growth Drivers
9.3 Emergency Ventilator Market Challenges
9.4 Emergency Ventilator Market Restraints
10 Global Market Forecast
10.1 Emergency Ventilator Market Estimates and Projections by Type
10.1.1 Global Forecasted Sales of Emergency Ventilator by Type (2022-2030)
10.1.2 Global Forecasted Revenue of Emergency Ventilator by Type (2022-2030)
10.2 Emergency Ventilator Market Estimates and Projections by Application
10.2.1 Global Forecasted Sales of Emergency Ventilator by Application (2022-2030)
10.2.2 Global Forecasted Revenue of Emergency Ventilator by Application (2022-2030)
10.3 Emergency Ventilator Market Estimates and Projections by Region
10.3.1 Global Forecasted Sales of Emergency Ventilator by Region (2022-2030)
10.3.2 Global Forecasted Revenue of Emergency Ventilator by Region (2022-2030)
11 Research Finding and Conclusion
12 Methodology and Data Source
12.1 Methodology/Research Approach
12.1.1 Research Programs/Design
12.1.2 Market Size Estimation
12.1.3 Market Breakdown and Data Triangulation
12.2 Data Source
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Author List
12.4 Disclaimer
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