Home / Medical Devices / Mechanical Ventilators Market By Product (Intensive Care Unit Ventilators & Accessories, Portable Ventilators & Accessories), By Mode (Invasive Ventilators, Non-Invasive Ventilators), By End-User (Hospitals & Clinics, Home Care, Ambulatory Care Center, Others) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Mechanical Ventilators Market By Product (Intensive Care Unit Ventilators & Accessories, Portable Ventilators & Accessories), By Mode (Invasive Ventilators, Non-Invasive Ventilators), By End-User (Hospitals & Clinics, Home Care, Ambulatory Care Center, Others) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Published: May 2018 | Report Code: 59182-05-18

Mechanical Ventilators Market to Exhibit Lucrative Growth during the Forecast Period

The global mechanical ventilators market accounted for market value of US$ 779.5 Mn in 2017 and expected to attain US$ 1,532.5 Mn by 2026. Worldwide growing geriatric population coupled with increasing prevalence of airway and lung diseases are anticipated to foster the market growth over the forecast period. In addition, technological developments in mechanical ventilators and the presence of favorable government initiatives across various countries are expected to assist in the market growth.

Geriatric population is susceptible to develop airway diseases such as chronic obstructive pulmonary disease (COPD), asthma, bronchitis, and other lung diseases like tuberculosis (TB), pleural effusion, pulmonary fibrosis, and cystic fibrosis (CF). The World Health Organization (WHO) stated that worldwide population aged 60 years and above will surge from 962.0 million in 2017 to more than 2.0 billion in 2050 to 3.1 billion by 2100. The WHO reported that about 65.0 million patients were suffering from the COPD in 2005, which grew to over 174.0 million in 2015, to 251.0 million cases in 2016 across the world. According to the Global Burden of Disease Study (GBD) and WHO, in 2011, a number of people suffering with asthma was 235.0 million which rose to 334.0 million in the year 2014, which is projected to reach around 400.0 million by 2025.

Technological developments in mechanical ventilators are boosting the demand for ventilators. The spontaneous breathing trial (SBT), positive airway pressure (PAP) devices, Auto-Trak (an auto-adaptive leak compensation technology is designed to achieve patient ventilator synchrony through mechanically responding to changing breathing patterns & circuit leaks and adjusting variable sensitivity thresholds in order to get optimum response with each breath), and reporting software that offer improved care. Transportable or portable ventilators are gaining higher momentum among home care settings. Modern mechanical ventilators are consolidations of actuators, sensors and digital electronics with sophisticated data processing algorithms in order to provide high accuracy are propelling the adoption of mechanical ventilators.

Market Synopsis

Mechanical Ventilators Market

The Portable Ventilators & Accessories Segment is expected to Register Comparatively Higher Growth over the Forecast Period

Transportable or portable or ambulatory ventilators are gaining traction across the globe and are majorly used at home care settings. Rapid launch of portable, cost-effective, and easy-to-use mechanical ventilators for the treatment of airway diseases are likely to witness faster adoption among population as compared to intensive care unit (ICU) ventilators. Transportable or portable ventilators offer faster and uninterrupted care to patients before reaching to a hospital or healthcare settings.

On the other hand, the intensive care unit/critical care ventilators & accessories segment is anticipated to hold major chunk of the market share due to increasing prevalence of airway diseases coupled with rising adoption of critical care mechanical ventilators in hospitals & clinics. Worldwide surging ICU admissions & re-admissions and the number of ICU beds equipped with ventilators are supporting the dominance.

Mechanical Ventilators Market

On the Basis of Mode, the Invasive Ventilators Segment is forecast to Command the Market From 2018 to 2026

Owing to a surge in the newborn baby population across the world, the adoption of invasive ventilators is on the rise and is expected to continue the dominance over the forecast period.

Mechanical Ventilators Market

Hospitals & Clinics Segment Contribute Maximum to the Overall Growth of Mechanical Ventilators Market

According to an independent source, in 2018, there are more than 145,000 hospitals across the globe. Worldwide surge in the number of hospitals & clinics coupled with comparatively higher adoption of mechanical ventilators during the treatment of respiratory diseases is supporting the dominance of the hospitals segment. Additionally, increasing number of childbirth in hospitals & clinics along with rising number of ICU beds equipped with ventilators are holding the segment at the prominent position.

Mechanical Ventilators Market

Rising Burden of Respiratory Diseases and the Presence of Favorable Reimbursement Policies Holds North America in Dominant Position

North America spearheaded the market in 2017 owing to the presence of favorable reimbursement policies in the U.S. coupled with increasing prevalence of respiratory diseases such as COPD, asthma, bronchitis, and other lung diseases like tuberculosis, pleural effusion, pulmonary fibrosis, and cystic fibrosis. Asia Pacific is expected to register comparatively higher CAGR over the forecast period due to rising number of intensive care unit admissions and growing awareness among people about respiratory diseases.

Mechanical Ventilators Market

Dominance of Established Multinational Players with Strong Product Portfolio Makes Market Penetration Difficult For Emerging Players

Major players in this space are Philips Healthcare; GE Healthcare; Medtronic; BD (Becton, Dickinson and Company); Smiths Medical; Getinge AB; Hamilton Medical; Drägerwerk AG & Co. KGaA; ResMed; and Fisher & Paykel Healthcare Limited. These market participants are adopting growth strategies such as new product launches, mergers & acquisitions, partnerships, collaborations to gain a competitive advantage. For instance, in August 2017, in Europe, Hamilton Medical launched HAMILTON-C6, a new generation of high-end ventilator in order to expand its product portfolio.

Mechanical Ventilators Market

Historical & Forecast Period

2016 – Historical Year

2017 – Base Year

2018 - 2026 – Forecast Period

This study report represents analysis for each segment from 2016 to 2026 considering 2017 to be the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments are estimated for the forecast period from 2018 to 2026.

Report Scope by Segments

Mechanical Ventilators Market

Mechanical ventilators market comprises current market trends and dynamics along with quantitative analysis of the global market. The report elucidates thorough information of global mechanical ventilators market by segmenting the market in terms of product, mode, end-use, and geography. This report would guide healthcare professionals and market players in decision-making and strategizing market position.

Product Segment (2016–2026; US$ Mn)

  • Intensive Care Unit Ventilators & Accessories
  • Portable Ventilators & Accessories

Mode Segment (2016–2026; US$ Mn)

  • Invasive Ventilators
  • Non-invasive Ventilators

End-user Segment (2016–2026; US$ Mn)

  • Hospitals & Clinics
  • Home Care
  • Ambulatory Care Center
  • Others (trauma centers & rehabilitation centers)

Geography Segment (2016–2026; US$ Mn)

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Rest of Middle East & Africa

The current report also comprehends qualitative market assessment factors such as market trends, key market drivers, restraints and opportunities that gives a better market understanding of the overall mechanical ventilators market. Furthermore, the report also comprises graphical representation of competitive landscape based on their market initiatives and strategies, product portfolio and business strengths. Key industrial players profiled in the study report are Philips Healthcare; GE Healthcare; Medtronic; BD (Becton, Dickinson and Company); Smiths Medical; Getinge AB; Hamilton Medical; Drägerwerk AG & Co. KGaA; ResMed; and Fisher & Paykel Healthcare Limited.

Key questions answered in this report

  • What are the current market trends and dynamics in the mechanical ventilators market and valuable opportunities for emerging players?
  • Which product contributes to the maximum market share?
  • Which product accounts for the fastest CAGR during the forecast period?
  • Which ventilation mode held the major market share in 2017?
  • Which ventilation mode would be the fastest segment during the forecast period?
  • Which end-user holds a larger market share and why?
  • What is the impact of high cost ventilator devices on the mechanical ventilators market?
  • Are low and middle-income economies investing in the mechanical ventilators market?
  • What is the market trend and dynamics in emerging markets such as Japan, Latin America and Middle East & Africa?

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Market Segmentation
1.3 Research Scope
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions

Chapter 2 Executive Summary
2.1 Global Mechanical Ventilators Market Portraiture
2.2 Global Mechanical Ventilators Market, by Product, 2017 (US$ Mn)
2.3 Global Mechanical Ventilators Market, by Mode, 2017 (US$ Mn)
2.4 Global Mechanical Ventilators Market, by End-user, 2017 (US$ Mn)
2.5 Global Mechanical Ventilators Market, by Geography, 2017 (US$ Mn)

Chapter 3 Global Mechanical Ventilators Market: Dynamics & Future Outlook
3.1 Market Overview
3.2 Market Dynamics
3.2.1 Drivers
3.2.1.1 Worldwide Rising Prevalence of Airway and Other Lung Diseases
3.2.1.2 Technological Advances in Mechanical Ventilators
3.2.1.3 Driver 3
3.2.1.4 Driver 4
3.2.2 Challenges
3.2.2.1 Challenge 1
3.2.2.2 Challenge 2
3.2.3 Opportunities
3.2.3.1 Opportunity 1
3.2.3.2 Opportunity 2
3.3 Attractive Investment Proposition, by Geography, 2017
3.4 Competitive Landscape, by Key Players, 2017

Chapter 4 Global Mechanical Ventilators Market, by Product, 2016-2026 (US$ Mn)
4.1 Overview
4.2 Intensive Care Unit Ventilators & Accessories
4.3 Portable Ventilators & Accessories

Chapter 5 Global Mechanical Ventilators Market, by Mode, 2016-2026 (US$ Mn)
5.1 Overview
5.2 Invasive Ventilators
5.3 Non-invasive Ventilators

Chapter 6 Global Mechanical Ventilators Market, by End-user, 2016-2026 (US$ Mn)
6.1 Overview
6.2 Hospitals & Clinics
6.3 Home Care
6.4 Ambulatory Care Center
6.5 Others (trauma centers, rehabilitation centers, etc.)

Chapter 7 Global Mechanical Ventilators Market, by Geography, 2016-2026 (US$ Mn)
7.1 Overview
7.2 North America Mechanical Ventilators Market, 2016–2026 (US$ Mn)
7.2.1 North America Mechanical Ventilators Market, by Product, 2016–2026 (US$ Mn)
7.2.2 North America Mechanical Ventilators Market, by Mode, 2016–2026 (US$ Mn)
7.2.3 North America Mechanical Ventilators Market, by End-user, 2016–2026 (US$ Mn)
7.2.4 North America Mechanical Ventilators Market, by Country, 2016–2026 (US$ Mn)
7.2.4.1 U.S.
7.2.4.2 Canada
7.3 Europe Mechanical Ventilators Market, 2016–2026 (US$ Mn)
7.3.1 Europe Mechanical Ventilators Market, by Product, 2016–2026 (US$ Mn)
7.3.2 Europe Mechanical Ventilators Market, by Mode, 2016–2026 (US$ Mn)
7.3.3 Europe Mechanical Ventilators Market, by End-user, 2016–2026 (US$ Mn)
7.3.4 Europe Mechanical Ventilators Market, by Country/Region, 2016–2026 (US$ Mn)
7.3.4.1 U.K.
7.3.4.2 Germany
7.3.4.3 Rest of Europe
7.4 Asia Pacific Mechanical Ventilators Market, 2016–2026 (US$ Mn)
7.4.1 Asia Pacific Mechanical Ventilators Market, by Product, 2016–2026 (US$ Mn)
7.4.2 Asia Pacific Mechanical Ventilators Market, by Mode, 2016–2026 (US$ Mn)
7.4.3 Asia Pacific Mechanical Ventilators Market, by End-user, 2016–2026 (US$ Mn)
7.4.4 Asia Pacific Mechanical Ventilators Market, by Country/Region, 2016–2026 (US$ Mn)
7.4.4.1 Japan
7.4.4.2 China
7.4.4.3 Rest of Asia Pacific
7.5 Latin America Mechanical Ventilators Market, 2016–2026 (US$ Mn)
7.5.1 Latin America Mechanical Ventilators Market, by Product, 2016–2026 (US$ Mn)
7.5.2 Latin America Mechanical Ventilators Market, by Mode, 2016–2026 (US$ Mn)
7.5.3 Latin America Mechanical Ventilators Market, by End-user, 2016–2026 (US$ Mn)
7.5.4 Latin America Mechanical Ventilators Market, by Country/Region, 2016–2026 (US$ Mn)
7.5.4.1 Brazil
7.5.4.2 Mexico
7.5.4.3 Rest of Latin America
7.6 Middle East & Africa Mechanical Ventilators Market, 2016–2026 (US$ Mn)
7.6.1 Middle East & Africa Mechanical Ventilators Market, by Product, 2016–2026 (US$ Mn)
7.6.2 Middle East & Africa Mechanical Ventilators Market, by Mode, 2016–2026 (US$ Mn)
7.6.3 Middle East & Africa Mechanical Ventilators Market, by End-user, 2016–2026 (US$ Mn)
7.6.4 Middle East & Africa Mechanical Ventilators Market, by Region, 2016–2026 (US$ Mn)
7.6.4.1 GCC
7.6.4.2 Rest of Middle East & Africa

Chapter 8 Company Profiles
8.1 BD (Becton, Dickinson and Company)
8.2 Philips Healthcare
8.3 GE Healthcare
8.4 Medtronic
8.5 Smiths Medical
8.6 Getinge AB
8.7 Hamilton Medical
8.8 Drägerwerk AG & Co. KGaA
8.9 ResMed
8.10 Fisher & Paykel Healthcare Limited

Note: This ToC is subject to further refinement as per client request.

 

FIG. 1 Market Segmentation: Global Mechanical Ventilators Market
FIG. 2 Global Mechanical Ventilators Market: Research Methodology
FIG. 3 Global Mechanical Ventilators Market, by Product, 2017 (US$ Mn)
FIG. 4 Global Mechanical Ventilators Market, by Mode, 2017 (US$ Mn)
FIG. 5 Global Mechanical Ventilators Market, by End-user, 2017 (US$ Mn)
FIG. 6 Global Mechanical Ventilators Market, by Geography, 2017 (US$ Mn)
FIG. 7 Attractive Investment Proposition, by Geography, 2017
FIG. 8 Competitive Analysis: Global Mechanical Ventilators Market, by Key Players, 2017
FIG. 9 Global Intensive Care Unit Ventilators & Accessories Market, 2016–2026 (US$ Mn)
FIG. 10 Global Portable Ventilators & Accessories Market, 2016–2026 (US$ Mn)
FIG. 11 Global Invasive Ventilators Market, 2016–2026 (US$ Mn)
FIG. 12 Global Non-invasive Ventilators Market, 2016–2026 (US$ Mn)
FIG. 13 Global Electrophysiology Mapping and Recording Systems Market for Mechanical Ventilators, 2016–2026 (US$ Mn)
FIG. 14 Global Hospitals & Clinics Market for Mechanical Ventilators, 2016–2026 (US$ Mn)
FIG. 15 Global Home Care Market for Mechanical Ventilators, 2016–2026 (US$ Mn)
FIG. 16 Global Ambulatory Care Center Market for Mechanical Ventilators, 2016–2026 (US$ Mn)
FIG. 17 Global Others Market for Mechanical Ventilators, 2016–2026 (US$ Mn)
FIG. 18 U.S. Mechanical Ventilators Market, 2016–2026 (US$ Mn)
FIG. 19 Canada Mechanical Ventilators Market, 2016–2026 (US$ Mn)
FIG. 20 U.K. Mechanical Ventilators Market, 2016–2026 (US$ Mn)
FIG. 21 Germany Mechanical Ventilators Market, 2016–2026 (US$ Mn)
FIG. 22 Rest of Europe Mechanical Ventilators Market, 2016–2026 (US$ Mn)
FIG. 23 Japan Mechanical Ventilators Market, 2016–2026 (US$ Mn)
FIG. 24 China Mechanical Ventilators Market, 2016–2026 (US$ Mn)
FIG. 25 Rest of Asia Pacific Mechanical Ventilators Market, 2016–2026 (US$ Mn)
FIG. 26 Brazil Mechanical Ventilators Market, 2016–2026 (US$ Mn)
FIG. 27 Mexico Mechanical Ventilators Market, 2016–2026 (US$ Mn)
FIG. 28 Rest of Latin America Mechanical Ventilators Market, 2016–2026 (US$ Mn)
FIG. 29 GCC Mechanical Ventilators Market, 2016–2026 (US$ Mn)
FIG. 30 Rest of Middle East & Africa Mechanical Ventilators Market, 2016–2026 (US$ Mn)

TABLE 1 Global Mechanical Ventilators Market, by Product, 2016–2026 (US$ Mn)
TABLE 2 Global Mechanical Ventilators Market, by Mode, 2016–2026 (US$ Mn)
TABLE 3 Global Mechanical Ventilators Market, by End-user, 2016–2026 (US$ Mn)
TABLE 4 Global Mechanical Ventilators Market, by Geography, 2016–2026 (US$ Mn)
TABLE 5 North America Mechanical Ventilators Market, by Product, 2016–2026 (US$ Mn)
TABLE 6 North America Mechanical Ventilators Market, by Mode, 2016–2026 (US$ Mn)
TABLE 7 North America Mechanical Ventilators Market, by End-user, 2016–2026 (US$ Mn)
TABLE 8 North America Mechanical Ventilators Market, by Country, 2016–2026 (US$ Mn)
TABLE 9 Europe Mechanical Ventilators Market, by Product, 2016–2026 (US$ Mn)
TABLE 10 Europe Mechanical Ventilators Market, by Mode, 2016–2026 (US$ Mn)
TABLE 11 Europe Mechanical Ventilators Market, by End-user, 2016–2026 (US$ Mn)
TABLE 12 Europe Mechanical Ventilators Market, by Country, 2016–2026 (US$ Mn)
TABLE 13 Asia Pacific Mechanical Ventilators Market, by Product, 2016–2026 (US$ Mn)
TABLE 14 Asia Pacific Mechanical Ventilators Market, by Mode, 2016–2026 (US$ Mn)
TABLE 15 Asia Pacific Mechanical Ventilators Market, by End-user, 2016–2026 (US$ Mn)
TABLE 16 Asia Pacific Mechanical Ventilators Market, by Country, 2016–2026 (US$ Mn)
TABLE 17 Latin America Mechanical Ventilators Market, by Product, 2016–2026 (US$ Mn)
TABLE 18 Latin America Mechanical Ventilators Market, by Mode, 2016–2026 (US$ Mn)
TABLE 19 Latin America Mechanical Ventilators Market, by End-user, 2016–2026 (US$ Mn)
TABLE 20 Latin America Mechanical Ventilators Market, by Country, 2016–2026 (US$ Mn)
TABLE 21 Middle East & Africa Mechanical Ventilators Market, by Product, 2016–2026 (US$ Mn)
TABLE 22 Middle East & Africa Mechanical Ventilators Market, by Mode, 2016–2026 (US$ Mn)
TABLE 23 Middle East & Africa Mechanical Ventilators Market, by End-user, 2016–2026 (US$ Mn)
TABLE 24 Middle East & Africa Mechanical Ventilators Market, by Country, 2016–2026 (US$ Mn)
TABLE 25 BD (Becton, Dickinson and Company): Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 26 Philips Healthcare: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 27 GE Healthcare: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 28 Medtronic: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 29 Smiths Medical: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 30 Getinge AB: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 31 Hamilton Medical: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 32 Drägerwerk AG & Co. KGaA: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 33 ResMed: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 34 Fisher & Paykel Healthcare Limited: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)

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