According to IMARC Group’s latest report, titled “Portable Medical Ventilators Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global portable medical ventilators market grew at a CAGR of around 8% during 2015-2020. A portable medical ventilator assists in providing oxygen to patients with minimal care requirements. It offers combined, pressure, volume-mode ventilation for long term-respiratory care in-home, hospitals, and ambulatory care centers. It comprises a heated humidifier or heat and moisture exchanger (HME), a flexible or specialized breathing circuit, control systems, monitor, alarms, and sensors.
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At present, there is a considerable increase in the prevalence of chronic respiratory diseases. This represents one of the major factors propelling the growth of the market. Portable ventilators provide patients suffering from asthma, emphysema, and pneumonia with long-term and short-term respiratory assistance. This, along with the coronavirus disease (COVID-19) outbreak, is positively influencing their utilization in the healthcare sector across the globe. Furthermore, the market is driven by technological advancements, such as the introduction of non-invasive and microprocessor-controlled portable ventilators. Other factors, including the rising geriatric population and significant improvements in the healthcare infrastructure, are stimulating the market growth. Looking forward, IMARC Group expects the global portable medical ventilators market to exhibit moderate growth during the next five years.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- Drägerwerk AG & Co.
- KGaA, GETINGE AB
- Hamilton Medical AG
- Koninklijke Philips N.V.
- Medtronic Plc.
- ResMed Inc.
- Smiths Medical Inc.
- Teleflex Incorporated
- Vyaire Medical Inc.
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 (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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