The global portable medical ventilators market is expected to exhibit a growth rate (CAGR) of 15.1% during 2023-2028.
A portable medical ventilator is a piece of equipment used for supplying oxygen to patients with minimal care requirements. It consists of a flexible or specialized breathing circuit, heated humidifier or heat and moisture exchanger (HME), control system, monitor, alarms and sensors. It uses positive pressure to deliver the gas to the lungs at normal tidal volumes and breathing rates through an endotracheal tube, cannula and mask. The ventilators are also used for providing combined-, pressure-, volume-mode ventilation, along with assist-control, synchronized intermittent mandatory, airway pressure release and pressure support ventilation. As a result, portable ventilators are widely used for long-term respiratory care in homes, hospitals and ambulatory care centers.
The increasing prevalence of chronic respiratory diseases across the globe represents one of the key factors driving the growth of the market. Portable ventilators are widely used in intensive care units and hospital wards to supports breathing in patients suffering from asthma, pneumonia, emphysema and lung cancer. Moreover, as the coronavirus disease (COVID-19) continues to spread, there has been a significant increase in the demand for portable ventilators in the healthcare centers for long-term and short-term respiratory assistance. Additionally, various technological advancements, such as the development of non-invasive and microprocessor-controlled portable ventilators, are acting as other growth-inducing factors. These variants cause minimal discomfort to the patient and are highly compact, durable and energy-efficient. Other factors, including the rising geriatric population, which is more susceptible to respiratory disorders, along with extensive improvements in the healthcare infrastructure, are anticipated to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global portable medical ventilators market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on type, interface, mode of ventilation and end user.
Breakup by Type:
- Adult/Pediatric Ventilators
- Neonatal/Infant Ventilators
Breakup by Interface:
- Invasive Ventilation
- Non-Invasive Ventilation
Breakup by Mode of Ventilation:
- Combined Mode Ventilation
- Volume Mode Ventilation
- Pressure Mode Ventilation
Breakup by End User:
- Hospitals and Clinics
- Ambulatory Care Centers
- Home Care
Breakup by Region:
- North America
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being Drägerwerk AG & Co. KGaA, GETINGE AB , Hamilton Medical AG, Koninklijke Philips N.V., Medtronic Plc., ResMed Inc., Smiths Medical Inc., Teleflex Incorporated and Vyaire Medical Inc.
|Base Year of the Analysis
||Type, Interface, Mode of Ventilation, End User, Region
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||Drägerwerk AG & Co. KGaA, GETINGE AB , Hamilton Medical AG, Koninklijke Philips N.V., Medtronic Plc., ResMed Inc., Smiths Medical Inc., Teleflex Incorporated and Vyaire Medical Inc.
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Key Questions Answered in This Report:
- How has the global portable medical ventilators market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global portable medical ventilators market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the interface?
- What is the breakup of the market based on the mode of ventilation?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global portable medical ventilators market and who are the key players?
- What is the degree of competition in the industry?