Dublin, March 04, 2025 (GLOBE NEWSWIRE) — The “Ventilator Market – Forecasts from 2025 to 2030” report has been added to ResearchAndMarkets.com’s offering.
The ventilator market size is projected to grow at a CAGR of 6.65% to reach US$7.416 billion by 2030, from US$5.376 billion in 2025.
The rise in respiratory emergencies and chronic obstructive pulmonary disease (COPD) are the major factors strengthening the global ventilator market’s growth. Technological innovations in respiratory care devices are another major factor driving an obvious market expansion, along with the emergence of more patient-friendly, cost-effective, and portable devices that further encourage their usage.
Increasing technological advancements are propelling the development of ventilators.
The small medical device manufacturer in California named Vortran Medicalto scaled up production of the Go2Vent, a low-cost resuscitation device typically used during disasters and emergencies for first-aid treatment. Go2Vent has been approved by the FDA and doesn’t require electricity. The Rail Coach Factory (RCF) in Kapurthala is the first public sector undertaking (PSU) under the Indian Railways to develop a prototype of a ventilator. This ventilator is intended for use in the isolation wards or quarantine facilities that the Indian Railways is establishing in train coaches throughout its network.
It’s an original design and is expected to cost almost a fraction of a regular ventilator’s costs. Thus, along with government initiatives, the manufacturers of these devices in the APAC region, especially those of emerging markets, are focusing on creating cost-efficient, non-invasive ventilation solutions to cater to local needs and provide flexibility in inpatient care. This can be exemplified by India’s toaster-sized ventilator, manufactured by Noida-based AgVa Healthcare in a joint venture with Maruti Suzuki India. This device is specifically aimed at COVID-19 patients and has arrived when needed to feel the gaps.
Ventilator market geographical outlook:
By geography, the ventilator market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia-Pacific. The major economies like China, Japan, India, and South Korea dominate the Asia-Pacific region. Some of the fastest-growing emerging economies are from this region, such as ASEAN countries.
In the APAC region, the ventilator market growth is the speedy advancement of rising healthcare expenditure coupled with increasing disposable income that facilitates patients’ ease of access to various points of care, leading to the rapid adoption of ventilators. In the People’s Republic of China, the premium of primary insurance received by the insurance companies was 4.26 trillion yuan in 2019, an increase of 12.2 % over that of the previous year. The life insurance premium totaled 2.27 trillion yuan, the health and casualty insurance premiums of primary insurance were 824.1 billion yuan, and the property insurance premium of primary insurance was 1.16 trillion yuan.
Furthermore, the per capita disposable income nationwide was 30,733 yuan, an increase of 8.9 % compared to the preceding year. Besides, the growing number of medical and health institutions in China is fueling the demand for ventilators.
Report Coverage:
- Historical data & forecasts from 2022 to 2030
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
- Competitive Positioning, Strategies, and Market Share Analysis
- Revenue Growth and Forecast Assessment of segments and regions including countries
Company Profiling (Strategies, Products, Financial Information, and Key Developments)
- Air Liquide
- Allied Healthcare Products
- Dragerwerk AG & Co. KGaA
- Fisher & Paykel Healthcare Limited.
- General Electric Company
- Getinge AB
- Hamilton Medical
- Koninklijke Philips N.V.
- Medtronic
- ResMed
- SCHILLER
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- Smiths Group plc
- Zoll Medical
Key Attributes:
Report Attribute | Details |
No. of Pages | 120 |
Forecast Period | 2025 – 2030 |
Estimated Market Value (USD) in 2025 | $5.38 Billion |
Forecasted Market Value (USD) by 2030 | $7.42 Billion |
Compound Annual Growth Rate | 6.6% |
Regions Covered | Global |
Key Topics Covered:
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key Benefits for Stakeholders
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Process
2.3. Data Validation
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. Analyst View
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.4. Industry Value Chain Analysis
5. VENTILATOR MARKET BY MOBILITY TYPE
5.1. Introduction
5.2. Intensive Care Ventilators
5.2.1. Basic ICU Ventilators
5.2.2. High High-end ICU Ventilators
5.2.3. Mid-end ICU Ventilators
5.3. Transportable Ventilators
6. VENTILATOR MARKET BY INTERFACE
6.1. Introduction
6.2. Invasive Ventilation
6.3. Non-invasive Ventilation
7. VENTILATOR MARKET BY TYPE
7.1. Introduction
7.2. Geriatric
7.3. Neonatal
7.4. Paediatric
8. VENTILATOR MARKET BY MODE
8.1. Introduction
8.2. Combined Mode Ventilation
8.3. Pressure Mode Ventilation
8.4. Volume Mode Ventilation
8.5. Others
9. VENTILATOR MARKET BY END-USER
9.1. Introduction
9.2. Ambulatory Care Centers
9.3. Emergency Medical Services (EMS)
9.4. Home Care
9.5. Hospitals and Clinics
10. VENTILATOR MARKET BY GEOGRAPHY
10.1. Global Overview
10.2. North America
10.2.1. United States
10.2.2. Canada
10.2.3. Mexico
10.3. South America
10.3.1. Brazil
10.3.2. Argentina
10.3.3. Others
10.4. Europe
10.4.1. United Kingdom
10.4.2. Germany
10.4.3. France
10.4.4. Italy
10.4.5. Spain
10.4.6. Others
10.5. Middle East and Africa
10.5.1. Saudi Arabia
10.5.2. United Arab Emirates
10.5.3. Others
10.6. Asia-Pacific
10.6.1. China
10.6.2. India
10.6.3. Japan
10.6.4. South Korea
10.6.5. Taiwan
10.6.6. Thailand
10.6.7. Indonesia
10.6.8. Others
11. COMPETITIVE ENVIRONMENT AND ANALYSIS
11.1. Major Players and Strategy Analysis
11.2. Emerging Players and Market Lucrativeness
11.3. Mergers, Acquisitions, Agreements, and Collaborations
11.4. Competitive Dashboard
12. COMPANY PROFILES
For more information about this report visit https://www.researchandmarkets.com/r/bsiq0s
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