Resources
About Us
Meticulous Research®—a leading market research company, published a research report titled, ‘Ventilators Market Size, Share, Forecast, & Trends Analysis by Product (Instrument, Catheter, Mask, Tube) Mobility (Intensive Care, Portable) Interface (Invasive, Non-invasive) Age Group Mode (Volume, Pressure) End User – Global Forecast to 2031’
According to this latest publication from Meticulous Research®, the ventilators market is projected to reach $13.23 billion by 2031, at a CAGR of 8.3% from 2024 to 2031. Key drivers contributing to the growth of this market include the growing number of ICUs, which increases the need for associated systems & equipment; a rising incidence of respiratory conditions; rapid pace of urbanization and subsequent increase in pollution levels; an aging population; and a surge in preterm births. However, the high costs of ventilators and the high preference for alternative oxygenation therapies restrain the market’s growth.
Moreover, the advancement of healthcare infrastructure in emerging regions like Asia-Pacific and Latin America and the rising demand for home care therapeutic devices are likely to create opportunities for market growth. However, the adverse effects of ventilators on neonates and difficulties in securing components used for ventilator manufacturing are challenges impacting the growth of this market.
Traditionally, conventional/invasive ventilators have dominated the market. However, they have some limitations, such as portability issues, discomfort of patients, and the restrictions of age groups in such devices. However, over the years there have been advancements that help overcome these challenges. For instance, several non-invasive and portable ventilators have been launched that can be used outside of hospitals or healthcare facilities. Another such advancement is the introduction of wearable ventilators. For instance, Shinano Kenshi Co., Ltd. (Japan) is a company that is researching to develop a wearable ventilator system to be used by patients suffering from COPD or who have gone through lung transplants. This device will make the transportation of such patients easier as compared to traditional ventilators.
Key Players
The key players profiled in the ventilators market report are Schiller AG (Switzerland), Hamilton Medical AG (Switzerland), Koninklijke Philips N.V. (Netherlands), GE HealthCare Technologies, Inc. (U.S.), Medtronic plc (Ireland), Getinge AB (Sweden), ResMed Inc. (U.S.), Zoll Medical Corporation (U.S.), Drägerwerk AG & Co. KGaA (Germany), Fisher & Paykel Healthcare Limited (New Zealand), and VYAIRE MEDICAL, INC. (U.S.).
The ventilators market is segmented by Product (Ventilator Accessories [Ventilator Catheters, Endotracheal Tubes, Ventilator Masks, and Other Ventilator Accessories], Ventilators/Instruments), Mobility (Intensive Care Ventilators and Portable Ventilators), Interface (Invasive Ventilators and Non-invasive Ventilators), Age Group (Adult & Pediatric and Neonatal & Infant), Mode (Volume Mode Ventilation, Dual/Combined Mode Ventilation, Pressure Mode Ventilation, and Other Ventilation Modes), End User (Hospitals, Homecare Settings, Ambulatory Surgical Centers (ASCs), and Other End Users), and Geography. The study also evaluates industry competitors and analyzes the regional and country-level markets.
Among the products covered in this report, in 2024, the ventilator accessories segment is anticipated to dominate the overall market with a share of 36.8%. This segment’s dominance is mainly due to the widespread use of these accessories, the growing emphasis on hygiene at hospitals, and the additional functionality offered by these accessories in administrating medications.
Based on mobility, in 2024, the intensive care ventilators segment is anticipated to dominate the overall ventilators market with a share of 76.2%. This segment’s dominance is mainly due to the rising demand for ventilators in intensive care units, the availability of reimbursement options for ventilation & respiratory treatments, an increasing number of patient admissions to critical care units due to the high prevalence of chronic & respiratory diseases, and a growing incidence of preterm births globally.
Among the interfaces studied in this report, in 2024, the invasive ventilators segment is anticipated to dominate the overall market. This segment’s dominance is attributed to the widespread utilization of invasive ventilators in ICUs for patients with chronic respiratory and infectious diseases, neurological disorders, and sleep disorders.
Among the age groups studied in this report, the adult & pediatric segment is anticipated to dominate the overall market. This segment’s dominance is mainly due to the high adoption of ventilators among the elderly, who are more susceptible to chronic and infectious diseases.
Among the modes studied in this report, in 2024, the volume mode ventilation segment is anticipated to dominate the overall ventilators market. This segment’s dominance is mainly due to the widespread adoption of volume-controlled ventilators in intensive care units due to their advantages, including precise minute ventilation and consistent tidal volume delivery.
Among the end users studied in this report, in 2024, the hospitals segment is anticipated to dominate the overall market. This segment’s dominance is mainly due to the rising number of patients with respiratory illnesses, coupled with the availability of skilled medical professionals and access to advanced medical devices, such as ventilators, in hospitals.
Among the regions studied in this report, in 2024, North America is anticipated to dominate the overall ventilators market with a share of 55.7%. North America’s significant market share can be attributed to its well-established healthcare infrastructure, widespread adoption of advanced technologies, the presence of major market players, high demand for technologically advanced medical equipment, an increasing geriatric population, and rising demand for long-term and home healthcare solutions.
Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5093
Key Questions Answered in the Report:
Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
India VNA & PACS Market to Reach $341.6 Million by 2031
Read MoreChina Microarray Market to Be Worth $910.4 Million by 2031
Read MoreChina Neurogenomics Market to Reach $562.1 Million by 2031
Read MoreELISA Market to be Worth $32.69 Billion by 2031
Read MoreDNA Sequencing Market to be Worth $21.30 Billion by 2031
Read MoreOral Care Market to be Worth $58.99 Billion by 2031
Read MoreSpirometer Market to be Worth $1.80 Billion by 2031
Read MorePet Care Market to be Worth $287.96 Billion by 2031
Read MoreRegenerative Medicine Market to be Worth $37.27 Billion by 2031
Read MoreHemostats Market to be Worth $5.32 Billion by 2031
Read MoreBioreactors Market to be Worth $39.96 Billion by 2031
Read MoreProtein Assays Market to be Worth $4.36 Billion by 2031
Read MoreVeterinary API Market to Reach $15.84 Billion by 2031
Read MoreAsia-Pacific NGS Automation Market to be Worth $371 Million by 2031
Read MoreLatin America NGS Market to be Worth $765.2 Million by 2031
Read MoreBiochemical Reagents Market to be Worth $39.61 Billion by 2031
Read MoreMicroarray Kits Market to be Worth $2.51 Billion by 2031
Read MoreAntibody Production Market to Reach $58.35 Billion by 2031
Read MoreMiddle East IVD Market to be Worth $2.15 Billion by 2031
Read MoreSpatial Genomics Market to be Worth $3.23 Billion by 2031
Read MoreAsia-Pacific IVD Market to be Worth $36.02 Billion by 2031
Read MoreEurope NGS Market to be Worth $6.40 Billion by 2030
Read MoreLab Automation Market to be Worth $11.31 Billion by 2031
Read MoreBioinformatics Market to Reach $31.71 Billion by 2031
Read MoreEurope IVD Market to be Worth $39.77 Billion by 2030
Read MoreSequencing Kits Market to be Worth $25.29 Billion by 2031
Read MoreVeterinary API Market to Reach $15.84 Billion by 2031
Read MoreSample Preparation Market to be Worth $12.77 Billion by 2031
Read MoreSurgical Robots Market Worth $25.47 Billion by 2030
Read MoreMedical Coatings Market Worth $3.32 Billion by 2030
Read MoreLiquid Handling Systems Market Worth $6.99 Billion by 2029
Read MoreElectrosurgery Market to be Worth $8.99 Billion by 2031
Read MoreRadiation Dose Management Market Worth $749.1 Million by 2029
Read MoreMolecular Diagnostics Market Worth $46.69 Billion by 2030
Read MoreNewborn Screening Market to be Worth $2.69 Billion by 2031
Read MorePharmacogenomics Market to be Worth $19.5 Billion by 2031
Read MoreDental Practice Management Software Market Worth $ 3.11 Billion by 2029
Read MoreNepal IVD Market Worth $62.7 Million by 2029
Read MorePharmaceutical Contract Packaging Market Worth $42.03 Billion by 2029
Read MoreIndonesia IVD Market Worth $1.11 Billion by 2029
Read MoreMedical Waste Management Market Worth $17.02 billion by 2030
Read MoreEmpty Capsules Market Worth $4.47 Billion by 2029
Read MoreClear Aligners Market to be worth $18.8 Billion by 2030
Read MoreHLA Typing Market Worth $1.9 Billion by 2029
Read MoreReal-world Data Market Worth $1.66 billion by 2029
Read MoreTrack and Trace Solutions Market Worth $27.27 billion by 2029
Read MoreSurface Disinfectant Market Worth $9.52 Billion by 2029
Read MoreElectronic Lab Notebook Market Worth $787.7 million by 2029
Read MoreRapid Diagnostics Market to be Worth $22.65 Billion By 2031
Read MorePlasma Therapy Market Worth $882.5 Million by 2028
Read MorePeripheral Vascular Devices Market Worth $12.02 Billion by 2028
Read MoreBiomaterials Market to Reach 128.7 Billion USD by 2023
Read MoreVaccine Storage Equipment Market Worth $1.83 billion by 2027
Read MorePlasma Fractionation Market Worth $46.9 Billion by 2029
Read MoreHome Healthcare Market to be Worth $514.5 Billion by 2030
Read MoreCardiac Pacemaker Devices Market Worth $4.34 Billion by 2028
Read MoreEuropean Laboratory Informatics Market Worth $1,084.3 Million By 2024
Read MoreCompetent Cells Market Worth 2,318.6 Million USD By 2023
Read MoreCancer Immunotherapy Market to be Worth $267.2 Billion by 2030
Read MoreMultimodal Imaging Market Worth $1.6 Billion By 2024
Read MorePulse Lavage Market to be Worth $661.1 Million by 2030
Read MoreMedical Cooling Systems Market Worth $2.8 Billion By 2024
Read MoreTissue Diagnostics Market Worth $8.52 Billion by 2029
Read MoreEndoscopy Equipment Market Worth $59.8 Billion by 2029
Read MoreAfrican Forensic DNA Testing Market Worth $136.3 Million by 2025
Read MoreClinical Trial Supplies Market to be Worth $5.59 Billion by 2031
Read MoreInfection Control Market Worth $58.2 Billion by 2027
Read MoreSleep Apnea Devices Market Worth $12.9 billion by 2027
Read MoreMedical 3D Printing Market To Reach $983.2 Million By 2020
Read MoreGenomics Market to be Worth $70.52 Billion by 2031
Read MoreAnalytical Standards Market Worth $2.66 Billion By 2027
Read MoreTelehealth Market Worth $539.73 Billion by 2029
Read MoreCell Culture Market Worth $48.63 Billion by 2029
Read MoreAntimicrobial Coatings Market to be Worth $12.41 Billion by 2031
Read MoreFlow Cytometry Market Worth $6.4 Billion by 2027
Read MoreMedical Aesthetics Market Worth $29.43 billion by 2029
Read MoreOligonucleotide Synthesis Market Worth $3.9 Billion by 2025
Read MoreIn Vitro Diagnostics Market to be Worth $116.28 Billion by 2031
Read MoreDental Implants Market Worth $6.52 Billion by 2029
Read MoreActive Implantable Devices Market Worth 24.02 Billion USD By 2022
Read MoreVentilators Market to be Worth $13.23 Billion by 2031
Read MoreDialysis Market to be Worth $36.6 Billion by 2031
Read MorePlasmapheresis Market to be Worth $2.55 Billion by 2030
Read MoreDiabetes Care Devices Market Worth $31.9 Billion by 2028
Read MoreClinical Genomics Market Worth 879.0 Million USD By 2023
Read MoreIVD Quality Control Market to be Worth $2.28 Billion by 2031
Read MoreLaboratory Informatics Market Worth $6.1 Billion by 2030
Read MoreChromatography Data Systems Market to be Worth $1.7 billion by 2030
Read MoreBone Growth Stimulators Market Worth $1.94 Billion by 2030
Read MoreDigital Diabetes Market worth $12.03 billion by 2025
Read MoreTrocars Market Worth $968.5 Million by 2024
Read MoreHealthcare Virtual Assistant Market Worth $1.76 Billion By 2025
Read MoreEurope Hospital Beds Market to be Worth $2.09 Billion by 2030
Read MoreImmunoassay Market Worth $46.49 Billion by 2028
Read MoreHospital Beds Market Worth $ 6.66 Billion by 2030
Read MoreUrinalysis Market Worth $2.19 billion by 2027
Read MoreMedical Image Management Market Worth $7.22 billion by 2030
Read MoreBreast Imaging Market Worth $7.08 Billion by 2027
Read MoreVNA & PACS Market to be Worth $6.50 Billion by 2031
Read More