Global Mechanical Ventilators Market Size, Share, Forecast Report, 2020-2027

The global Mechanical Ventilators market garnered revenue around USD 1.8 Billion in 2019 and projected to reach USD 5.4 Billion in 2027, with at a compound annual growth rate (CAGR) 12.7% throughout the estimate period from 2020 to 2027.

Mechanical ventilation refers to artificial breathing devices that are utilized by patients that are unable to breathe naturally due to acute medical conditions. Technological innovations in the last few decades have revolutionized the mechanical ventilators market, in terms of usage settings of these devices. Development in the technology and design of ventilators has expanded the use of mechanical ventilators not only in hospitals, but also in transport and home care settings.

North America dominated the global mechanical ventilators market in 2019 and the trend is anticipated to continue during the forecast period. Quick adoption of advanced product and strong government support in terms of investment is boosting the growth of mechanical ventilators market in North America.

However, Asia Pacific is likely to be a highly lucrative market for mechanical ventilators and it is expected to expand at a high CAGR during the forecast period

This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Mechanical Ventilators market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Mechanical Ventilators market growth.

The global Mechanical Ventilators market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

 Key players in the global market include Teleflex Incorporated, VYAIRE, Dragerwerk AG & Co. KGaA, GE Healthcare, Medtronic plc, Koninklijke Philips N.V., Smiths Medical, ResMed Inc., Bunnell Inc., and Getinge AB. among others among others

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

• Global Mechanical Ventilators Market, by Product
  • Critical Care Ventilators
  • Neonatal Ventilators
  • Transport and Portable Ventilators
• Global Mechanical Ventilators Market, by Interface
  • Invasive
  • Noninvasive
• Global Mechanical Ventilators Market, by End-user
  • Home care
  • Hospitals and Clinics
  • Ambulatory Surgical Centers
  • Others

Regional Analysis and Forecast

Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:

• North America
  • United States
  • Canada
• Europe
  • Germany
  • United Kingdom
  • Italy
  • France
  • Rest of EU
• Asia Pacific
  • China
  • India
  • Japan
  • Southeast Asia
  • Rest of APAC
• Central & South America
  • Brazil
  • Argentina
  • Rest of Central & South America
• Middle East and Africa
  • UAE
  • Saudi Arabia
  • Rest of MEA