The Worldwide Mechanical Ventilators Industry is Expected to Reach $17.1 Billion by 2027 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Mechanical Ventilators - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Mechanical Ventilators estimated at US$9.2 Billion in the year 2020, is projected to reach a revised size of US$17.1 Billion by 2027, growing at a CAGR of 9.2% over the period 2020-2027.

Intensive Care, one of the segments analyzed in the report, is projected to record 8.6% CAGR and reach US$12.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Portable/Transportable segment is readjusted to a revised 10.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $3.9 Billion, While China is Forecast to Grow at 12.4% CAGR

The Mechanical Ventilators market in the U.S. is estimated at US$3.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2027 trailing a CAGR of 12.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.4% and 9.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.9% CAGR.

Select Competitors (Total 82 Featured) -

• Air Liquide Medical Systems
• Allied Healthcare Products, Inc
• Bunnell Inc
• Carl Reiner Gmbh
• Drager Medical Canada, Inc.
• Fisher & Paykel Healthcare Limited
• GE Healthcare
• Getinge AB
• HAMILTON MEDICAL AG
• Medtronic Plc.
• Mindray Medical International Limited
• Philips Respironics, Inc.
• ResMed
• Schiller Healthcare India Pvt. Ltd
• Smiths Medical
• Tecme SA
• Vyaire Medical Inc.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• All Hands On Deck: The World is Scaling Up to Meet a Multifold Rise in Ventilator Demand
• Global Number of Infections & Patients Requiring Ventilator Support
• Amidst the COVID-19 Pandemic, Regulatory Bodies Ease Approval Process for Ventilators
• Concerns Rise Side Effects of Using Ventilator Usage in COVID-19 Patients
• Mechanical Ventilators: An Introduction
• Evolution of Mechanical Ventilators: A Historical Fact File
• Outlook
• US Leads the Global Mechanical Ventilators Market
• High Unmet Medical Needs Drive Developing Nations
• Cost Benefits to Surge Growth of Non-Invasive Ventilators
• HomeCare Ventilation Amid Rising Healthcare Costs
• Rise in Popularity of Portable Ventilators
• Ways to Leverage Market Potential
• Key Market Challenges
• Global Healthcare Spending: A Review

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Technological Advancements Sustain Future Market Growth
• Select Recent Innovations
• Automation-Enabled Innovation Continues in Mechanical Ventilators Market
• Auto Manufacturers Join the Race to Build Ventilators
• Startups Intensify Efforts to Develop Low Cost Ventilators amidst COVID-19 Crisis
• Mounting Cases of COVID-19 Infections Prompt Researchers to Explore New Approaches to Reduce Need for Ventilator Assistance
• Major Risk Factors Creating Need for Ventilation Support for COVID-19 Patients
• Increasing Prevalence of Chronic Respiratory Diseases Drive Growth
• Neonatal Ventilators Market Set for Healthy Growth
• Rising Incidence of Neonatal Mortality Rates to Drive Penetration Developing Countries
• Neonatal Non-Invasive Ventilation: On the Rise
• Lung Injury: A Major Challenge for Neonatal Ventilators Market
• Ventilator Associated Pneumonia (VAP): A Major Menace
• Manufacturers Introduce New Features to Tackle Enduring Issue of Alarm Fatigue
• Advances in Information Technology Enhance Monitoring Multiple Patients on Ventilation
• High Potential for Automatic Transport Ventilators
• Adaptive Support Ventilation: At the Forefront of Innovation
• Aging Population: A Key Demographic Driver
• RESPIRATORY CONDITIONS REQUIRING MECHANICAL VENTILATORS
• Acute Respiratory Distress Syndrome
• Chronic Obstructive Pulmonary Disease
• Muscular Degenerative Disease
• Spinal Cord Injury
• Pneumonia
• Cystic Fibrosis
• Asthma

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/ep3ds8