We are monitoring the impact of COVID-19 on North America Mechanical Ventilators Market Get in touch with us for detailed analysis Know More
Pulished Date April, 2021
ID: 6647
Share on
Share on

North America Mechanical Ventilators Market Research Report - Segmented By Product Type , Mode, End User & Country (U.S, Canada & Rest of North America) - Industry Analysis, Size, Share, Growth, Trends, & Forecasts (2021 to 2026)

Pulished: April, 2021
ID: 6647
Pages: 145

North America Mechanical Ventilators Market Size & Growth (2021 to 2026):

As per the research report, the size of the North America Mechanical Ventilators Market is valued at USD 1.18 Billion in 2021 and estimated to be growing at a CAGR of 15.86%, to reach USD 2.47 Billion by 2026 during the forecast period 2021 to 2026.

The prevalence of chronic diseases is expected to increase; there will always be a demand for intensive care units like ventilators for years to come. In addition, with the advancement in technology, the demand for ventilators with advanced features is expected to increase during the forecast period.

Improved production and technology leading to the development of very compact, robust and smaller ventilators with high performance are expected to drive the growth of the market. The growth of the neonatal population would be driven by an increase in the fertility rate of women and an increase in the reproductive age with various races. The increasing prevalence of neonatal mortality, along with the increase in cases of premature deliveries with respiratory disorders, is expected to drive the growth of the market in the coming years. About 16.5 million premature births occur each year with their own complications that lead to death.

The application of mechanical ventilators ranges from home care to outpatient centers. The growth in the point of care treatment market and the increase in medical emergencies are key drivers of market. Hospitals are promoting the use of portable mechanical ventilators to provide faster and more convenient patient care, from ambulance to hospital bed. Portable ventilators encourage patients to embrace home care, increasing their popularity.

The increasing incidence of respiratory diseases such as chronic obstructive pulmonary disease (COPD), rapid growth of the geriatric population, advancement technological innovation and increase in air borne emergencies are major factors which will drive the North America mechanical ventilator market during the forecast period.

Factors such as reuse of ventilators and theirs accessories is majorly hampering the market growth rate. The unprecedented dawn of COVID19 is expected to increase demand for mechanical ventilators by leaps and bounds. The market is moving towards saturation as several manufacturers have ramped up their production capacities to meet existing demand and there will be high availability of fans after the covid-19 situation.

This research report on the North America 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:

  • U.S
  • Canada
  • Rest of North America

United States dominated the mechanical ventilator market and accounted for the largest 62% revenue share in 2020. A growing number of critically ill COVID-19 patients are attributed to the United States. Additionally, US auto giants like Tesla, Ford, and GM have shifted to producing medical supplies such as masks, mechanical ventilators, and other medical devices. This, in turn, should provide a significant growth path for this regional market over the coming financial quarters.

According to the Society for Critical Care Medicine, the current stock of hospital ventilators in the United States is around 160,500 units in the early 2020. An additional arsenal of 12,800 with the Strategic National Arsenal would be available in daunting situations. More than 6.11 million active cases of COVID-19 as of 2020 and an estimated 960,500 Americans who require mechanical assistance to breathe during the pandemic according to the American Association for Respiratory Care. Therefore, mechanical fans have seen a sudden increase in demand in 2020.

Companies playing a dominant role in the North America Mechanical Ventilators Market profiled in this 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.

1.Introduction           

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods   

                1.4 General Study Assumptions                

2. Research Methodology                    

                2.1 Introduction        

                2.2 Research Phases                      

         2.2.1 Secondary Research           

         2.2.2 Primary Research 

         2.2.3 Econometric Modelling      

         2.2.4 Expert Validation  

                2.3 Analysis Design  

                2.4 Study Timeline   

3. Overview                

                3.1 Executive Summary                

                3.2 Key Inferences  

                3.3 Epidemology       

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)             

                4.1 Market Drivers   

                4.2 Market Restraints                    

                4.3 Key Challenges  

                4.4 Current Opportunities in the Market       

5. Market Segmentation

                5.1 Product Type      

         5.1.1 Introduction           

         5.1.2 Critical Care             

         5.1.3 Neonatal Intensive Care   

         5.1.4 Portable   

         5.1.5 Transport 

         5.1.6 Y-o-Y Growth Analysis, By Product Type   

         5.1.7 Market Attractiveness Analysis, By Product Type 

         5.1.8 Market Share Analysis, By Product Type   

                5.2 Mode     

         5.2.1 Introduction           

         5.2.2 Invasive    

         5.2.3 Non-invasive          

         5.2.4 Y-o-Y Growth Analysis, By Mode   

         5.2.5 Market Attractiveness Analysis, By Mode

         5.2.6 Market Share Analysis, By Mode   

                5.3 End User                      

         5.3.1 Introduction           

         5.3.2 Hospitals  

         5.3.3 Trauma Centres    

         5.3.4 Home Healthcare 

         5.3.5 Disease Risk Assessment  

         5.3.6 Other Applications               

         5.3.7 Y-o-Y Growth Analysis, By End User             

         5.3.8 Market Attractiveness Analysis, By End User          

         5.3.9 Market Share Analysis, By End User            

                5.4 By Age Group     

         5.4.1 Pediatric and neonates      

         5.4.2 Adult         

         5.4.3 Geriatric   

6. Geographical Analysis

                6.1 Introduction        

         6.1.1 Regional Trends    

         6.1.2 Impact Analysis     

         6.1.3 Y-o-Y Growth Analysis        

  6.1.3.1 By Geographical Area

  6.1.3.2 By Product Type

  6.1.3.3 By Mode

  6.1.3.4 By End User

  6.1.3.5 By Age Group

         6.1.4 Market Attractiveness Analysis     

  6.1.4.1 By Geographical Area

  6.1.4.2 By Product Type

  6.1.4.3 By Mode

  6.1.4.4 By End User

  6.1.4.5 By Age Group

         6.1.5 Market Share Analysis      

  6.1.5.1 By Geographical Area

  6.1.5.2 By Product Type

  6.1.5.3 By Mode

  6.1.5.4 By End User

  6.1.5.5 By Age Group

                6.2 United States     

                6.3 Canada  

7. Strategic Analysis                

                7.1 PESTLE analysis  

         7.1.1 Political     

         7.1.2 Economic 

         7.1.3 Social         

         7.1.4 Technological         

         7.1.5 Legal          

         7.1.6 Environmental       

                7.2 Porter’s Five analysis       

         7.2.1 Bargaining Power of Suppliers        

         7.2.2 Bargaining Power of Consumers    

         7.2.3 Threat of New Entrants     

       7.2.4 Threat of Substitute Products and Services 

         7.2.5 Competitive Rivalry within the Industry   

8. Market Leaders' Analysis                 

                8.1 Dragerwerk AG & Co. KGaA                

         8.1.1 Overview 

         8.1.2 Product Analysis   

         8.1.3 Financial analysis  

         8.1.4 Recent Developments       

         8.1.5 SWOT analysis       

         8.1.6 Analyst View          

                8.2 ResMed

                8.3 Philips Healthcare                    

                8.4 Medtronic Plc     

                8.5 GE Healthcare    

                8.6 Getinge Group   

                8.7 Smiths Medical  

                8.8 Fisher and Paykel Healthcare Limited       

9. Competitive Landscape                    

                9.1 Market share analysis     

                9.2 Merger and Acquisition Analysis

                9.3 Agreements, collaborations and Joint Ventures  

                9.4 New Product Launches  

10. Market Outlook and Investment Opportunities                  

Appendix                    

                a) List of Tables                

                b) List of Figures       

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms product type  with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. North America Mechanical Ventilators Market By Product Type , From 2021 to 2026 ( USD Billion )
  2. North America Critical Care Market By Region, From 2021 to 2026 ( USD Billion )
  3. North America Neonatal Intensive Care Market By Region, From 2021 to 2026 ( USD Billion )
  4. North America Portable Market By Region, From 2021 to 2026 ( USD Billion )
  5. North America Transport Market By Region, From 2021 to 2026 ( USD Billion )
  6. North America Mechanical Ventilators Market By Mode , From 2021 to 2026 ( USD Billion )
  7. North America Invasive Market By Region, From 2021 to 2026 ( USD Billion )
  8. North America Non-invasive Market By Region, From 2021 to 2026 ( USD Billion )
  9. North America Mechanical Ventilators Market By End User , From 2021 to 2026 ( USD Billion )
  10. North America Hospitals Market By Region, From 2021 to 2026 ( USD Billion )
  11. North America Trauma Centres Market By Region, From 2021 to 2026 ( USD Billion )
  12. North America Home Healthcare Market By Region, From 2021 to 2026 ( USD Billion )
  13. United States Mechanical Ventilators Market By Product Type , From 2021 to 2026 ( USD Billion )
  14. United States Mechanical Ventilators Market By Mode , From 2021 to 2026 ( USD Billion )
  15. United States Mechanical Ventilators Market By End User , From 2021 to 2026 ( USD Billion )
  16. Canada Mechanical Ventilators Market By Product Type , From 2021 to 2026 ( USD Billion )
  17. Canada Mechanical Ventilators Market By Mode , From 2021 to 2026 ( USD Billion )
  18. Canada Mechanical Ventilators Market By End User , From 2021 to 2026 ( USD Billion )

Please wait. . . . Your request is being processed

Related Reports

LICENCE TYPE

$ 1234 3335

Clients
clients
clients
clients
clients
clients
clients
Click for Request Sample