India Ventilator Market

India Ventilator Market Overview:

The India ventilator market size reached USD 188.7 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 336.5 Million by 2033, exhibiting a growth rate (CAGR) of 6.14% during 2025-2033. The market is expanding rapidly, driven by growing healthcare infrastructure, rising respiratory diseases, and increased demand during health crises. Moreover, government support, technological advancements, and the enhanced awareness of respiratory health are key elements favoring the market growth and innovation in the sector.

India Ventilator Market Trends:

Advancements in Transport Ventilator Technology

The growing demand for trustworthy transport ventilators is fueling innovation in India's ventilator industry. In addition, effective patient transport, especially in critical cases, demands ventilators that are lightweight, simple to use, and able to provide stable respiratory support. With the growth of healthcare infrastructure, hospitals and emergency medical services are examining portable options that improve patient safety during transport. The requirement for better transport ventilators is especially enunciated in rural areas, where prolonged transfers to facilities with advanced care are routine. For example, in July 2024, Mindray introduced the TV50 and TV80 transport ventilators at the 7th EuroAsia Conference. These ventilators are designed to provide continuous and effective respiratory support while ensuring ease of use for healthcare providers. Their compact design enhances mobility, while user-friendly features improve operational efficiency during critical care transport. With a growing focus on emergency medical services, the adoption of advanced transport ventilators is expected to increase across hospitals and ambulance networks. The integration of portable and durable ventilators is strengthening India's critical care infrastructure, improving survival rates in emergency situations. As investments in healthcare mobility grow, technological advancements in transport ventilators will remain a key driver in the Indian ventilator market.

Expansion of Cost-Effective Ventilation Solutions

Affordability remains a critical factor in the expansion of ventilator access across India. Many healthcare facilities, particularly in Tier 2 and 3 cities, face budget constraints when acquiring advanced medical equipment. The need for cost-effective ventilators that deliver efficient respiratory support without high operational expenses is driving innovation in the Indian market. Hospitals are looking for solutions that optimize oxygen consumption, reduce maintenance costs, and provide flexibility in treating a diverse patient population. In June 2024, Getinge introduced the Servo-c ventilator in India, addressing the need for scalable and affordable respiratory care. This ventilator supports a wide range of patients while improving oxygen efficiency, ultimately lowering operational costs for hospitals. Its introduction provides an accessible solution for healthcare facilities outside major metropolitan areas, enhancing ventilator penetration in underserved regions. With a growing emphasis on expanding intensive care services beyond large urban centers, demand for cost-effective ventilation solutions is rising. Government initiatives promoting affordable healthcare and increased private sector investments in secondary healthcare facilities are further accelerating this trend. As medical institutions seek budget-friendly yet advanced ventilators, the market is witnessing increased adoption of scalable, energy-efficient respiratory devices.

India Ventilator Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on equipment type, product type, mode, source, and end user.

Equipment Type Insights:

• Invasive Ventilation
• Non-Invasive Ventilation

The report has provided a detailed breakup and analysis of the market based on the equipment type. This includes invasive ventilation and non-invasive ventilation.

Product Type Insights:

• Adult/Pediatric
• Neonatal/Infants

The report has provided a detailed breakup and analysis of the market based on the product type. This includes adult/pediatric and neonatal/infants.

Mode Insights:

• Combined Mode
• Volume Mode
• Pressure Mode
• Others

A detailed breakup and analysis of the market based on the mode have also been provided in the report. This includes combined mode, volume mode, pressure mode, and others.

Source Insights:

• Domestic
• Import

A detailed breakup and analysis of the market based on the source have also been provided in the report. This includes domestic and import.

End User Insights:

• Hospitals and Clinics
• Emergency Medical Services
• Others

A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes hospitals and clinics, emergency medical services, and others.

Region Insights:

• North India
• South India
• East India
• West India

The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

India Ventilator Market News:

• October 2024: Drager India launched the BabyRoo TN300, a versatile neonatal device supporting respiratory care for newborns. With integrated ventilation features like AutoBreath, it enhances newborn stabilization and care. This development strengthens India’s ventilator market by improving neonatal respiratory support in critical settings.
• March 2024: Getinge Medical India is collaborating with the Indian Innovation Centre to develop and manufacture ventilators locally. This initiative strengthens India’s ventilator market by enhancing domestic production, reducing import dependency, and improving accessibility to advanced respiratory care, supporting the growing demand for high-care medical therapies.

India Ventilator Market Report Coverage:

Key Questions Answered in This Report:

• How has the India ventilator market performed so far and how will it perform in the coming years?
• What is the breakup of the India ventilator market on the basis of equipment type?
• What is the breakup of the India ventilator market on the basis of product type?
• What is the breakup of the India ventilator market on the basis of service mode?
• What is the breakup of the India ventilator market on the basis of source?
• What is the breakup of the India ventilator market on the basis of end user?
• What are the various stages in the value chain of the India ventilator market? 
• What are the key driving factors and challenges in the India ventilator?
• What is the structure of the India ventilator market and who are the key players?
• What is the degree of competition in the India ventilator market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India ventilator market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the India ventilator market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India ventilator industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.