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Pulished Date February, 2021
ID: 11159
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North America Ventilator Market Research Report – Segmented By Type of Interface, End-users, Mobility and Country (The United States, Canada and Rest of North America) – Industry Forecast (2020 to 2025)

Pulished: February, 2021
ID: 11159
Pages: 100

North America Ventilator Market Size (2020 to 2025)

The size of the North America Ventilator Market is forecasted to be growing at a CAGR of 7.2% between 2020 to 2025 and was worth USD 812 million in 2020.

The Ventilators are heavily used for patients who are unable to breathe correctly in case of chronic diseases like asthma, respiratory syndrome, and unexpected respiratory outbreaks like COVID. The rising prevalence of respiratory disorders such as asthma and Chronic obstructive pulmonary disease (COPD) all over the world is the primary driver of the Ventilator Market. According to World Health Organisation, by 2020, COPD is the third biggest health threat worldwide. In 2017, WHO reported 235 million people were affected by asthma. The increasing hospital admission rates for ventilation support are fuelling the market growth.

The rise in investments in Research and Development (R&D) on cardiovascular interventions are opportunities for the growth of the ventilator market. Introducing novel devices and bringing new advanced technology for respiratory treatment boosts the market. The key market players are researching to get new mechanical ventilators at a lower price. For example, a key player named Dragervek AG has launched new ventilators to help daily clinical tasks in ICU; these are called as new Evita V600 and V800. Moreover, the introduction of ventilation modes like Acute Non-Invasive Ventilation to avoid lung injury propels the market growth. These are the significant opportunities of the ventilator market.

Notwithstanding the boom in hospitalization and rise in demand for critical care equipment, the ventilator market is facing few problems. The reimbursement is the only hope for so many people in the United States for treatment. Even ventilators are covered in the US Medicare Part B necessary durable medical equipment policy. The budget constraints for ventilator manufacturers and the health care services are hindering the ventilator market. Moreover, due to pandemics, the ventilators' production got reduced due to a lack of workers and strict lockdown implemented by the government.

The ventilators may also cause chronic lung injury, which results in bronchial intubation and bronchopulmonary dysplasia. Bronchopulmonary dysplasia is a major complication in preterm babies. But the chronic lung injury will not get for every patient; it is infrequent, but it is a side effect of the ventilators. Some cases are registered that, due to excessive use of oxygen, mechanical ventilation has led to blindness among preterm babies. The lack of proper study for the health line workers on the ventilators is causing damage to the ventilator market. But companies are training their workers and are using surfactants to decrease the harmful effects of ventilation. These are the main challenges of the ventilator market.

This North American Ventilator Market research report has been segmented and sub-segmented into the following categories.

By Type of Interface:

  • Invasive ventilation
  • Non-Invasive ventilation

By End-users:

  • Hospitals and clinics
  • Ambulances
  • Home care
  • Emergency Medical Services

By Mobility:

  • Intensive care
  • Portable ventilators

By Country:

  • The United States
  • Canada
  • Rest of North America

Geographically, the United States holds most of the North America Ventilator Market share, which is around 90%. In comparison, Canada follows the US in terms of market revenue, which is estimated to grow significantly over the coming years. The primary factor that has resulted in the growth of the US's target market is the rapid growth in the number of coronavirus-affected people who need intensive care admissions, which has boosted these ventilators' demand. Besides, the increase in the number of adults suffering from COPD and asthma has also propelled the US's Ventilator Market development. Canada is the next predominant country in North America. The rise in R&D investments is the main reason for Canada's market growth. It is expected that the pandemic had helped the market. The increase in the old age population is boosting the Ventilator market in Canada.

Some of the notable vendors dominating the North American ventilator market profiled in this report are Philips, Resmed, Medtronic, Becton, Dickinson and Company, Getinge, Dräger, Smiths Group, Hamilton Medical, GE Healthcare, Fisher & Paykel, Air Liquide, Asahi Kasei, and Allied Healthcare Products

  1. INTRODUCTION
    1. Market Definition
    2. Study Deliverables
    3. Base Currency, Base Year and Forecast Periods
    4. General Study Assumptions
  2. RESEARCH METHODOLOGY
    1. Introduction
    2. Research Phases
      1. Secondary Research
      2. Primary Research
      3. Econometric Modelling
      4. Expert Validation
    3. Analysis Design
    4. Study Timeline
  3. OVERVIEW
    1. Executive Summary
    2. Key Inferences
  4. DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES ANALYSIS
    1. Market Drivers
    2. Market Restraints
    3. Key Challenges
    4. Current Opportunities in the Market
  5. MARKET SEGMENTATION
    1. By Type of Interface
      1. Invasive ventilation
      2. Non-Invasive ventilation
      3. Y-o-Y Growth Analysis, By Type of Interface
      4. Market Attractiveness Analysis, By Type of Interface
      5. Market Share Analysis, By Type of Interface
    2. By Mobility
      1. Intensive care
      2. Portable ventilators
      3. Y-o-Y Growth Analysis, By Mobility
      4. Market Attractiveness Analysis, By Mobility
      5. Market Share Analysis, By Mobility
    3. By End User
      1. End-users
      2. Hospitals and clinics
      3. Ambulances
      4. Home care
      5. Emergency Medical Services
      6. Y-o-Y Growth Analysis, By End User
      7. Market Attractiveness Analysis, By End User
      8. Market Share Analysis, By End User
  6. GEOGRAPHICAL ANALYSIS
    1. Introduction
      1. Regional Trends
      2. Impact Analysis
      3. Y-o-Y Growth Analysis
      4. Market Attractiveness Analysis
      5. Market Share Analysis
    2. North America
      1. Introduction
      2. United States
      3. Canada
      4. Rest of North America
  7. STRATEGIC ANALYSIS
    1. PESTLE analysis
      1. Political
      2. Economic
      3. Social
      4. Technological
      5. Legal
      6. Environmental
    2. Porter’s Five analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Consumers
      3. Threat of New Entrants
      4. Threat of Substitute Products and Services
      5. Competitive Rivalry within the Industry
  8. MARKET LEADERS' ANALYSIS
    1. Philips
      1. Overview
      2. Products
      3. Financials (subjected to availability based on company type)
      4. Recent Developments
      5. SWOT analysis
      6. Analyst View
    2. Resmed
    3. Medtronic
    4. Becton, Dickinson and Company
    5. Getinge
    6. Dräger
    7. Smiths Group
    8. Hamilton Medical
    9. GE Healthcare
    10. Fisher & Paykel
    11. Air Liquide
    12. Asahi Kasei
    13.  Allied Healthcare Products
  9. COMPETITIVE LANDSCAPE
    1. Market share analysis
    2. Merger and Acquisition Analysis
    3. Agreements, Collaborations and Joint Ventures
    4. New Product Launches
  10. MARKET OUTLOOK AND INVESTMENT OPPORTUNITIES
  11. APPENDIX
    1. List of Tables
    2. 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 of type of interface, end-user and mobility along 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 analysing 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 Ventilator Market, By Type of Interface, From 2020 to 2025 (USD Million)
  2. North America Invasive Ventilation Market, By Region, From 2020 to 2025 (USD Million)
  3. North America Non-Invasive Ventilation Market, By Region, From 2020 to 2025 (USD Million)
  4. North America Ventilator Market, By End-Users, From 2020 to 2025 (USD Million)
  5. North America Hospitals and Clinics Market, By Region, From 2020 to 2025 (USD Million)
  6. North America Ambulances Market, By Region, From 2020 to 2025 (USD Million)
  7. North America Home Care Market, By Region, From 2020 to 2025 (USD Million)
  8. North America Emergency Medical Services Market, By Region, From 2020 to 2025 (USD Million)
  9. North America Ventilator Market, By Mobility, From 2020 to 2025 (USD Million)
  10. North America Intensive Care Market, By Region, From 2020 to 2025 (USD Million)
  11. North America Portable Ventilators Market, By Region, From 2020 to 2025 (USD Million)
  12. United States Ventilator Market, By Type of Interface, From 2020 to 2025 (USD Million)
  13. United States Ventilator Market, By End-Users, From 2020 to 2025 (USD Million)
  14. United States Ventilator Market, By Mobility, From 2020 to 2025 (USD Million)
  15. Canada Ventilator Market, By Type of Interface, From 2020 to 2025 (USD Million)
  16. Canada Ventilator Market, By End-Users, From 2020 to 2025 (USD Million)
  17. Canada Ventilator Market, By Mobility, From 2020 to 2025 (USD Million)

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