- December 28, 2019
- Category: Healthcare and LifeSciences, Medical Device and Equipment
Global ICU Ventilator Market Size study, by Product Type (High-End ICU Ventilators, Basic ICU Ventilators, Mid-End ICU Ventilators), by Type (Adult Ventilators, Neonatal Ventilators, Pediatric Ventilators), by Mode (Combined-Mode Ventilation, Volume-Mode Ventilation, Pressure-Mode Ventilation, Other), by End User (Hospitals, Specialty Clinics, Long Term Care Centres, Rehabilitation Centres) and Regional Forecasts 2020-2027
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion) 1.2.1. ICU Ventilator Market, by Region, 2018-2027 (USD Billion) 1.2.2. ICU Ventilator Market, by Product Type, 2018-2027 (USD Billion) 1.2.3. ICU Ventilator Market, by Type, 2018-2027 (USD Billion) 1.2.4. ICU Ventilator Market, by Mode, 2018-2027 (USD Billion) 1.2.5. ICU Ventilator Market, by End-User, 2018-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global ICU Ventilator Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global ICU Ventilator Market Dynamics 3.1. ICU Ventilator Market Impact Analysis (2018-2027) 3.1.1. Market Drivers 3.1.2. Market Challenges 3.1.3. Market Opportunities Chapter 4. Global ICU Ventilator Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global ICU Ventilator Market, by Product Type 5.1. Market Snapshot 5.2. Global ICU Ventilator Market by Product Type, Performance - Potential Analysis 5.3. Global ICU Ventilator Market Estimates & Forecasts by Product Type 2017-2027 (USD Billion) 5.4. ICU Ventilator Market, Sub Segment Analysis 5.4.1. High-End ICU Ventilators 5.4.2. Basic ICU Ventilators 5.4.3. Mid-End ICU Ventilators Chapter 6. Global ICU Ventilator Market, by Type 6.1. Market Snapshot 6.2. Global ICU Ventilator Market by Type, Performance - Potential Analysis 6.3. Global ICU Ventilator Market Estimates & Forecasts by Type 2017-2027 (USD Billion) 6.4. ICU Ventilator Market, Sub Segment Analysis 6.4.1. Adult Ventilators 6.4.2. Neonatal Ventilators 6.4.3. Pediatric Ventilators Chapter 7. Global ICU Ventilator Market, by Mode 7.1. Market Snapshot 7.2. Global ICU Ventilator Market by Mode, Performance - Potential Analysis 7.3. Global ICU Ventilator Market Estimates & Forecasts by Mode 2017-2027 (USD Billion) 7.4. ICU Ventilator Market, Sub Segment Analysis 7.4.1. Combined-Mode Ventilation 7.4.2. Volume-Mode Ventilation 7.4.3. Pressure-Mode Ventilation 7.4.4. Other Chapter 8. Global ICU Ventilator Market, by End-User 8.1. Market Snapshot 8.2. Global ICU Ventilator Market by End-User - Potential Analysis 8.3. Global ICU Ventilator Market Estimates & Forecasts by End-User 2017-2027 (USD Billion) 8.4. ICU Ventilator Market, Sub Segment Analysis 8.4.1. Hospitals 8.4.2. Specialty Clinics 8.4.3. Long Term Care Centres 8.4.4. Rehabilitation Centres Chapter 9. Global ICU Ventilator Market, Regional Analysis 9.1. ICU Ventilator Market, Regional Market Snapshot 9.2. North America ICU Ventilator Market 9.2.1. U.S. ICU Ventilator Market 188.8.131.52. Product Type breakdown estimates & forecasts, 2017-2027 184.108.40.206. Type breakdown estimates & forecasts, 2017-2027 220.127.116.11. Mode breakdown estimates & forecasts, 2017-2027 18.104.22.168. End-User breakdown estimates & forecasts, 2017-2027 9.2.2. Canada ICU Ventilator Market 9.3. Europe ICU Ventilator Market Snapshot 9.3.1. U.K. ICU Ventilator Market 9.3.2. Germany ICU Ventilator Market 9.3.3. France ICU Ventilator Market 9.3.4. Spain ICU Ventilator Market 9.3.5. Italy ICU Ventilator Market 9.3.6. Rest of Europe ICU Ventilator Market 9.4. Asia-Pacific ICU Ventilator Market Snapshot 9.4.1. China ICU Ventilator Market 9.4.2. India ICU Ventilator Market 9.4.3. Japan ICU Ventilator Market 9.4.4. Australia ICU Ventilator Market 9.4.5. South Korea ICU Ventilator Market 9.4.6. Rest of Asia Pacific ICU Ventilator Market 9.5. Latin America ICU Ventilator Market Snapshot 9.5.1. Brazil ICU Ventilator Market 9.5.2. Mexico ICU Ventilator Market 9.6. Rest of The World ICU Ventilator Market Chapter 10. Competitive Intelligence 10.1. Top Market Strategies 10.2. Company Profiles 10.2.1. Medtronic plc 10.2.1.1. Key Information 10.2.1.2. Overview 10.2.1.3. Financial (Subject to Data Availability) 10.2.1.4. Product Summary 10.2.1.5. Recent Developments 10.2.2. Koninklijke Philips N.V. 10.2.3. GE Healthcare 10.2.4. Shenzhen Mindray Bio-Medical Electronics Co., Ltd. 10.2.5. Schiller AG 10.2.6. Dragerwerk AG & Co. KGaA 10.2.7. Vyaire Medical Inc. 10.2.8. Hamilton Medical 10.2.9. Heyer Medical AG 10.2.10. Fisher & Paykel Healthcare Corporation Limited Chapter 11. Research Process 11.1. Research Process 11.1.1. Data Mining 11.1.2. Analysis 11.1.3. Market Estimation 11.1.4. Validation 11.1.5. Publishing 11.2. Research Attributes 11.3. Research Assumption
Global ICU Ventilator Market is valued at approximately USD 1.7 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 7.8% over the forecast period 2020-2027. An ICU Ventilator is a life support machine that helps in the process of breathing among patients. ICU Ventilators are also referred to as respirators or breathing machines and they mechanically support the functioning of lungs by inhaling or exhaling the breathable air of the lungs. These machines are mainly utilized to provide temporary respiratory support among patients having illness, congenital defects, trauma, or who are treating with anesthesia. Moreover, the recent outbreak of COVID-19 pandemic around the world has led to a rise in demand for ICU Ventilator and other critical medical supplies to avoid the widespread of novel coronavirus infection and provide better health care to the patient. For instance, according to the Society of Critical Care Medicine, in Q1 2020, the stock of ventilators in U.S. hospitals is nearly 160,000 units. Further, a stockpile of 12,700 with Strategic National Stockpile (SNS) would be offered in the depressing situations. As per American Association for Respiratory Care, more than 1.0 million COVID-19 cases are active around the world, and approx. 960,000 Americans require mechanical support to breathe in or out during the pandemic.,. Therefore, the demand for ICU Ventilator is significantly rising as they are extensively used to treat and diagnose patients with COVID and other diseases. Furthermore, the rising prevalence of respiratory diseases among people, followed by the growing elderly population around the world are the few factors responsible for the CAGR of the market during the forecast period. According to the World Health Organization (WHO), the number of people aged 65 or above is projected to grow to nearly 1.6 billion by 2050 from 524 million in 2010, with most of the increase in developing countries. This, in turn, is expected to accelerate the market growth around the world. However, the high deployment & maintenance costs and reimbursement concern are the few factors impeding the market growth over the forecast period of 2020-2027.
The regional analysis of the global ICU Ventilator market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rising prevalence of respiratory disorders, and the presence of a significant number of ventilator manufacturers in the region. Whereas, Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising geriatric population and improving healthcare infrastructure would create lucrative growth prospects for the ICU Ventilator market across the Asia-Pacific region.
Major market player included in this report are:
Koninklijke Philips N.V.
Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
Dragerwerk AG & Co. KGaA
Vyaire Medical Inc.
Heyer Medical AG
Fisher & Paykel Healthcare Corporation Limited
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
High-End ICU Ventilators
Basic ICU Ventilators
Mid-End ICU Ventilators
Long Term Care Centres
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global ICU Ventilator Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers