Global Medical Ventilator Market Observing a CAGR of 9.5% during 2023–2030

Published Date: Jul, 2023

The global medical ventilator market is growing at a CAGR of 9.5% during 2023–2030. The rapid development in the worldwide geriatric populace, rising occurrences of respiratory ailments, and the cost-effectiveness of home care gadgets and services (when compared with clinical visits) are the major factors leading to the high demand of medical ventilator in the global market.

As per the World Health Organization, more than 3.17 million people were deceased because of COPD in 2015, when compared with 3.10 million population in 2012. COPD is one of the significant reasons for deaths across the globe. Due to this, the manufacturers of key medical equipment are focusing on improving their medical ventilator production, and/or enter into this product segment to meet the actual demand.

The emergency care segment is predicted to be lucrative until the end of the forecast period

On the basis of application, the global medical ventilator market is categorized into critical, neonatal, emergency, and other applications. The emergency care segment is predicted to be lucrative until the end of the forecast period. This is majorly due to the increase in heart attacks, and accidents.

Geography Insight

Geographically, North America is the largest medical ventilator market in 2019 owing to a significant increase in lifestyle associated diseases, which are leading to severe health issues such as asthma, bronchitis, and many other disorders.

Geographically, the global medical ventilator market is divided into North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW).

Competitive Insight

Some of the key players operating in the global medical ventilators market are Allied Healthcare Products Inc., Becton, Dickinson and Company, Fisher & Paykel, General Electric Company, Hamilton Medical, Koninklijke Philips N.V., Medtronic, Teleflex Incorporated, Smiths Group, and ResMed.

The Report Offers:

  • Historical market estimate for the years 2018–2022 and forecast for the years 2023–2030
  • Insight on current market trends, market dynamics, key opportunities and major challenges in the industry
  • Market insights by in-depth segmentation with industry dynamics.
  • Competitive analysis and benchmarking of the industry leaders and their product offerings
  • Profiles of leading players and innovators, their financial overview and product portfolio
  • Analysis of key industry trends and recent developments
  • Value chain analysis and application analysis with opportunity assessment
  • Market share analysis of major players

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The report provides the market value for the base year 2022 and a yearly forecast till 2030 in terms of revenue (USD Million). The report segments the global medical ventilator market on the basis of type, application, and region.

Global Medical Ventilator Market Coverage

Type Insight and Forecast 2018-2030

  • Non-Invasive Ventilators
    • Volume-Cycled Ventilator
    • Pressure-Cycled Ventilator
    • Flow-Cycled Ventilator
    • Time-Cycled Ventilator
  • Invasive Ventilators
  • Mechanical Ventilators
    • Negative Pressure Ventilators
    • Positive Pressure Ventilators

Application Insight and Forecast 2018-2030

  • Critical Care
  • Emergency Care
  • Neonatal Care
  • Others

Geographical Segmentation

Medical Ventilator Market by Region

North America

  • By Type
  • By Application
  • By Country – U.S., Canada, and Mexico


  • By Type
  • By Application
  • By Country – Germany, U.K., France, Italy, Spain, and Rest of Europe

Asia-Pacific (APAC)

  • By Type
  • By Application
  • By Country – China, Japan, India, South Korea, Singapore, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Type
  • By Application
  • By Country – Brazil, Saudi Arabia, South Africa, and Other Countries