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Mechanical Ventilators Market Share

  • Report ID: GMI1882
  • Published Date: Feb 2023
  • Report Format: PDF

Mechanical Ventilators Market Share

Some of the major players in the global mechanical ventilators market include

  • Fisher & Paykel Healthcare Limited
  • Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
  • Medtronic plc
  • Koninklijke Philips N.V.
  • Air Liquide
  • Getinge AB
  • General Electric Company
  • Smiths Group plc
     

Companies are working on the development of new products using advanced technology. For instance, in May 2022, Fisher & Paykel Healthcare Corporation Limited declared the release of the Airvo 3 high-flow system. This device offers wider settings for pediatric and neonatal patients, an integrated battery, a user-friendly interface, tailored oxygen delivery, and a higher maximum flow rate. The company was able to grow its customer base and obtain a competitive advantage over its rivals thanks to this planned launch.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market size for mechanical ventilators was valued at more than USD 3.1 billion in 2023 and is projected to record over 2.4% CAGR from 2024 to 2032.

Mechanical ventilators industry share from the hospital segment is anticipated to record more than 1.5% CAGR from 2023 to 2032 giving to the growing use of advanced infrastructure and equipment across healthcare facilities.

European market for mechanical ventilators is anticipated to surpass USD 720 million by 2032 due to a growing awareness of chronic illnesses and emergency care devices like homecare ventilators.

Some of the leading manufacturers of mechanical ventilators include Fisher & Paykel Healthcare Limited, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Medtronic plc, and Koninklijke Philips N.V.

Mechanical Ventilators Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 923
  • Countries covered: 18
  • Pages: 483
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