Published by mark itwired
Posted on September 29, 2021
4 min readLast updated: February 1, 2026
The medical ventilators market is set to grow, driven by COVID-19 demand. Key opportunities lie in portable ventilators and increased production capacity.
Greater emphasis on ramping up the production to address a sudden increase in demand in the time of COVID-19 pandemic is accelerating the growth of medical ventilators market. The global medical ventilators market was valued at US$ 1.2 Bn in 2019 and is expected to exhibit a CAGR of 8.7% during the forecast period (2020-2030).
Increase in the number of severe cases of life-threatening novel coronavirus (COVID-19) has immensely boosted the demand for medical ventilators. Strong focus of manufacturers and governments on producing more number of medical ventilators is expected to propel the market growth during the forecast period (2020-2030). Growing demand for portable and low-cost medical ventilators creates a significant opportunity for global medical ventilators market players to set their products apart from the competition and expand their businesses.
Continuous focus on the development of portable and low-cost medical ventilators and rapid spread of coronavirus across the globe are projected to propel the global medical ventilators market growth.
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Manufacturers are now focusing on boosting ventilator manufacturing capacity to meet the urgent global demand due to the coronavirus pandemic. For instance, companies such as Medtronic, Koninklijke Philips N.V., GE Healthcare, and Getinge AB are now rapidly increasing their ventilator production by 40%-60%, to supply ventilators in response to the urgent need across the globe confronting COVID-19.
Future market insights offer a unique perspective and actionable insights on medical ventilators market in its latest study, presenting historical demand assessment from 2015 – 2019 and projections from 2020–2030 based on product (critical care ventilators, and transport ventilators), by technology (invasive ventilators, and non-invasive ventilator), by end user (hospitals and ambulatory surgical centres, long term care centres, and home care settings) in seven key regions.
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1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
2.3. Inclusions and Exclusions
3.1. Key Trends Impacting the Market
3.2. Product Development Trends
4.1. Historical Market Volume (Units) Analysis, 2015-2019
4.2. Current and Future Market Volume (Units) Projections, 2020-2030
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5.1. Regional Pricing Analysis By Product Type
5.2. Pricing Break-up
5.2.1. Manufacturer Level Pricing
5.2.2. Distributor Level Pricing
5.3. Global Average Pricing Analysis Benchmark
6.1. Historical Market Value (US$ Mn) Analysis, 2015-2019
6.2. Current and Future Market Value (US$ Mn) Projections, 2020-2030
6.2.1. Y-o-Y Growth Trend Analysis
6.2.2. Absolute $ Opportunity Analysis
7.1. Macro-Economic Factors
7.1.1. Global GDP Growth Outlook
7.1.2. Per Capita Healthcare Expenditure Outlook
7.2. Forecast Factors – Relevance & Impact
7.2.1. Product Adoption Rate and Demand
1.1.1. New Hospital Ventilator Launches and Approvals
7.2.2. Cost of Medical Ventilators
7.2.3. Regulatory Policies
7.2.4. Treatment Seeking Rate
7.3. Market Dynamics
The post Medical Ventilators Market- Global Upcoming Challenges, Leading Industry Insights, Business Opportunities 2030 first appeared on Market Research Blog.
The article discusses the growth and challenges of the global medical ventilators market, particularly due to COVID-19.
Increased demand due to COVID-19 and the focus on portable, low-cost ventilators are key growth drivers.
North America and Asia are significant regions due to high demand and government support.
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