Number of pages:
Base Year Value (2021)
Forecast Value (2028)
CAGR (2022 to 2028)
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW
The global Ventilator Market is valued at USD 1.42 billion in 2016 and is expected to reach USD 3.1 billion by the end of 2026, growing at a CAGR of 7.8 % between 2018 and 2026.
A ventilator machine is also known as a respirator or breathing machine. It is popularly referred to as life support or life sustaining equipment. Ventilator machine is used to assist to deliver breaths to a patient when they are unable to effectively breathe on their own. Ventilator machines may be used temporarily or permanently. The ventilator are able to deliver a certain amount of breathes per minute just like if the patient was breathing normally. Ventilator and tube can be removed as the patient begins to improve and breathe on their own. A ventilator greatly limits patient’s activity and movement.
A ventilator doesn't treat a disease or condition as it is primarily used only for life support. Increasing respiratory diseases with rise in number of tobacco smokers, growing demand for home care therapeutic devices, increasing pollution level with urbanization, increasing number of preterm births, rapid growth in the geriatric population and rising number of ICU beds are the key drivers which will support the industry growth during the forecast period. However, High cost and complications associated with the use of mechanical ventilators are acting as barriers for the growth of this market.
North America is the largest ventilator machine market followed by Europe due to improved healthcare infrastructure, government initiatives and support for technological advancements, and ease of reimbursement. Asia Pacific region is expected to grow at the highest CAGR during forecast period. New advancements in technology, high R&D investment by the global players, rising demand for automation and integration of multiple processes in ventilator machine, fully automated systems with built-in quality-assurance capabilities, possessing the ability to process large number of patience and new applications that are constantly evolving in order to support new needs in ventilator machine market which is boosting this market globally.
Ventilator Market : By Interface
Ventilator Market : By Mobility
Ventilator Market : By Type
Ventilator Market : Application
Global Ventilator Market: Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Ventilator Market:
Geographical analysis of Ventilator Market :
Ventilator Market Report delivers comprehensive analysis of :
Ventilator Market was valued at around USD million in 2021 & estimated to reach USD by 2028.
Ventilator Market is likely to grow at compounded annual growth rate (CAGR) of % between 2022 to 2028.
Yes, the report includes COVID 19 impact on the market.
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