Asia Pacific Mechanical Ventilators Market Research Report - Segmented By Product Type, Mode, End User & Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC) - Industry Analysis, Size, Share, Growth, Trends, & Forecasts (2024 to 2029)

Updated On: January, 2024
ID: 6649
Pages: 145

APAC Mechanical Ventilators Market Size & Growth (2023 to 2028):

The size of the Asia-Pacific mechanical ventilators market is valued at USD 0.79 billion in 2023 and is poised to reach USD 1.86 billion by 2028 forecasted to be growing at a healthy CAGR of 18.61% during the forecast period 2023 to 2028.

The increasing number of patients suffering from respiratory diseases such as asthma, lung cancer, cystic fibrosis, chronic obstructive pulmonary disease (COPD) will drive the market growth in the Asia-Pacific region. For example, according to recently released data, in 2019, around 47.7 million people in China suffered from asthma. Therefore, owing to such a large group of patients in the Chinese population, the market will show substantial growth during the analysis period.

In addition, the increased incidence of coronavirus disease in countries in the Asia-Pacific region will drive the market growth. For example, according to a recent released report by the World Health Organization (WHO), in 2020, the total number of patients affected by coronavirus disease was around 18,808. Therefore, countries experiencing rapid increase in coronavirus cases will drive the demand for mechanical ventilators, thus driving the market growth.

The absence of an adequate rebursement policies in developing and underdeveloped economies will derail the growth rate of the market. Moreover, the high costs associated with the ventilator will be an additional restrain for the growth of the market.

The increasing prevalence of coronavirus disease will generate the need for intensive care beds, which will improve the market demand. Since the Indian government banned the export of coronavirus-related medical products, including ventilators, this has resulted in ventilator shortages across the country. Therefore, companies are embracing partnerships and collaborations to deal with the COVID-19 pandemic and reduce shortage, thus providing opportunities for the future.

The strict regulations imposed by the government on the approval of new technologies will also hamper the growth rate of the market. In addition, the decrease in demand for invasive medical ventilation will create barriers.

This research report on the APAC mechanical ventilators market has been segmented and sub-segmented into the following categories:

By Product Type: 

  • Critical Care
  • Neonatal Intensive Care
  • Portable
  • Transport

By Mode: 

  • Invasive
  • Non-invasive

By End User: 

  • Hospitals
  • Trauma Centres
  • Home Healthcare

By Country: 

  • India
  • China
  • Japan
  • South Korea
  • Australia
  • New Zealand
  • Thailand
  • Malaysia
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Rest of APAC

The Indian mechanical ventilator market is expected to grow at a CAGR of over 10.4% during the review period. The growing demand for life-saving machines to help support patients affected by COVID-19 will prompt companies across the country to increase production capacity. For example, according to the recent press article, in early 2021, Bharat Heavy Electricals Limited (BHEL) announced the manufacture of 30,100 ventilators for the treatment of COVID-19.

In addition, the Union Ministry of Health and Family has ordered a public sector company (PSU) to provide 10,500 ventilators to fight the coronavirus disease. Hence, increasing the production of ventilators across the country will boost the market growth. Moreover, the increasing burden of respiratory diseases across the country will drive the growth of the mechanical ventilators market in the years to come.

The increasing prevalence of chronic disease and the disproving heart health has led to a substantial increase in the number of heart attacks in countries like China and India, where the environment is also polluted every day supported by industrialization and has led to an increase in the spread of heart disease and led to increased use of medical ventilators for rapid recovery.

An increase in the geriatric population in APAC regions has led to an increase in health concerns and is boosting the deployment of medical ventilators in developed and developing economies across the regions and is expected to positively impact the growth of the market in the coming years.


A few of the leading companies operating in the APAC Mechanical Ventilators Market profiled in the report are Dragerwerk AG & Co. KGaA, ResMed, Philips Healthcare, Medtronic Plc, GE Healthcare, Getinge Group, Smiths Medical, Fisher and Paykel Healthcare Limited, Dickinson and Company, Becton, and Hamilton Medical AG.


For example, in 2017, Air Liquide obtained OxyMaster and Sogo Sangyo Kabushiki Kaisha to the extent of the household healthcare portfolio throughout the Asia-Pacific region.

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