Global Ventilators Market Size, Forecasts, And Opportunities – Including Philips Healthcare, ResMed, Medtronic, Becton
Learn about the global ventilators market through The Business Research Company, which provides information on ventilators market size, ventilators market drivers and restraints, ventilators market players, the COVID-19 impact on the ventilators market, and more.
The global ventilators market size is expected to grow from $3.73 billion in 2021 to $4.12 billion in 2022 at a compound annual growth rate (CAGR) of 10.4%. The global ventilator market size is then expected to grow to $6.08 billion in 2026 at a CAGR of 10.2%.
The rising prevalence of respiratory diseases is driving the ventilators market.
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The ventilator devices market consists of sales of ventilators used in respiratory care for patients with acute or chronic respiratory disorders. The sales consist of revenues generated by establishments that are primarily engaged in the manufacturing of intensive care ventilators (critical care ventilators), neonatal care ventilators, and portable & transportable ventilators.
Global ventilators market segments include:
By Type: Intensive Care Unit/Critical Care, Transport/Portable/Ambulatory, Neonatal
By End-User: Hospitals and Clinics, Home care, Ambulatory Care Centres, Others
By Interface: Invasive, Non-Invasive
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the ventilator devices market.
The companies in the ventilator market are increasingly expanding their ventilator production capabilities realizing the current demand due to the outbreak of the COVID-19 pandemic. COVID-19 is a respiratory disease caused by the coronavirus that infects the lungs causing pneumonia and other respiratory conditions. The patients affected with the virus suffer from severe pneumonia and lung dysfunction resulting in the need for ventilator support for respiration.
TBRC’s ventilators market report covers:
Major Market Players: Philips Healthcare, ResMed, Medtronic, Becton, Dickinson and Company, GE Healthcare, Hamilton Medical, Dräger, Getinge, Smiths Group, and Fisher & Paykel.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Ventilators Global Market Report 2022– Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides ventilators market overviews, analyzes and forecasts market size, share, ventilators market players, ventilators market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s ventilators market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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