Healthcare

According to a new market report published by Lucintel, the future of the medical ventilator market looks promising with opportunities in home use and hospitals & clinics. The global medical ventilator market is expected to grow with a CAGR of 9% from 2020 to 2025. The major growth drivers for this market are recent outbreak of viruses, such as influenza and Covid-19; rising respiratory ailments; growing prevalence of lifestyle disorders; and increasing geriatric population.

A medical ventilator is a machine that mechanically assists a patient in breathing who is physically unable to breathe. In this market, non-invasive ventilators, invasive ventilators, and mechanical ventilators are the major product types. Lucintel forecasts that mechanical ventilators will remain the largest product type segment over the forecast period, as they control many aspects of breath delivery, inspiratory/expiratory timing, and expiratory pressure.

North America will remain the largest market over the forecast period due to growing prevalence of lifestyle disorders, such as asthma, bronchitis, and many other diseases, in the region.

Allied Healthcare, B&D, Fisher & Paykel, General Electric, Hamilton Medical, Medtronic, Koninklijke Philips, Teleflex, Smith Group, and ResMed are among the major suppliers in the global medical ventilator market.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global medical ventilator market by product type, application, end use, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Medical Ventilator Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global medical ventilator market by product type, application, end use, and region as follows:

By Product Type [Value ($ Million) shipment analysis for 2014 – 2025]:

• 
  Non-Invasive Ventilators
  
  
  
  • 
    Volume-Cycled Ventilators
  
  
  • 
    Pressure-Cycled Ventilators
  
  
  • 
    Flow-Cycled ventilators
  
  
  • 
    Time-Cycled Ventilators
  
  
  
  


• 
  Invasive Ventilators


• 
  Mechanical Ventilators
  
  
  
  • 
    Negative Pressure Ventilators
  
  
  • 
    Positive Pressure Ventilators
  
  
  
  

By Application [Value ($ Million) shipment analysis for 2014 – 2025]:

• 
  Critical Care


• 
  Neonatal Care


• 
  Emergency Care


• 
  Others

By End Use [Value ($ Million) shipment analysis for 2014 – 2025]:

• 
  Home Use


• 
  Hospitals & Clinics


• 
  Others

By Region [Value ($ Million) shipment analysis for 2014 – 2025]:

• 
  North America

• 
  United States


• 
  Canada


• 
  Mexico

• 
  Europe

• 
  United Kingdom


• 
  Spain


• 
  Germany


• 
  France

• 
  Asia Pacific

• 
  China


• 
  India


• 
  Japan

• 
  The Rest of the World

• 
  Brazil

 

This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.