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Portable Ventilators Market : Global Demand Analysis & Opportunity Outlook 2024

Published On : 12:30 AM, 20th April, 2018 REP-ID-445 Category: Healthcare

Portable Ventilators Market Overview

Portable ventilators are the devices which are used to convey room air or oxygen enriched air/gas into the breathing circuit connected to the patient. A heated humidifier is used to humidify the air before delivery to the sick person. Portable ventilator is small and light weight device which is able to work in required environments and helps the patients to breathe properly. Portable ventilators are highly used for the treatment of patients suffering from diseases such as pneumonia or during multiple casualty situations. Portable ventilators have wide applications in places including hospitals, clinics, and in ambulances.

Market Size & Forecast

Global portable ventilators market is expected to grow at remarkable pace during the forecast period i.e. 2017-2024. Further, factors such as growing respiratory diseases, increasing number of tobacco consumers, booming population, rising awareness towards healthcare and technical advancements with ventilators are anticipated to escalate the growth of global portable ventilators market during the forecast period.

portable ventilators

Geographically, global portable ventilators market has been segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Among these regions, North America has been the leading regional market for portable ventilators and is expected to behold this dominance over the forecast period. Moreover, high adoption rate of advanced technology coupled with availability of portable ventilators with improved safety measurements are some of the dynamic factors which are anticipated to fuel the growth of portable ventilators market in this region.

Additionally, Asia Pacific region is also projected to witness remarkable growth during the forecast period. This growth of portable ventilators market can be attributed to factors such as booming population, rapid growth of emerging economies and growing demand for homecare ventilators in this region. Further, Europe region is envisioned to grow at satisfactory pace during the forecast period owing to factors such as growing healthcare industries and rising investment in healthcare expenditures in this region.

Market Segmentation

Our-in depth analysis of the global portable ventilators market includes the following segments:

By Product

  • Portable Gas Powered Ventilators
  • Microprocessor Controlled Ventilators

By Mode

  • Pressure Mode Ventilation
  • Volume Mode Ventilation
  • Combined Mode Ventilation

By Application

  • Aeromedical
  • Paediatrics
  • Domiciliary Ventilation
  • Non-Invasive Ventilation

By End User

  • Hospitals
  • Clinics
  • Ambulances
  • Rehabilitation Centers
  • Homecare

By Region

Global portable ventilators market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Western Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa) Market size, Y-O-Y growth & Opportunity Analysis

Growth Drivers & Challenges

Global portable ventilators market has been primarily driven by factors such as growing number of patients suffering from respiratory diseases, chronic obstructive pulmonary diseases, pneumonia coupled with increasing number of congestive heart failure cases across the globe. Moreover, increasing preference of portable ventilators in homecare treatments is one of the key factors driving the growth of global portable ventilators market.

Additionally, growing adoption of portable ventilators during situations such as respiratory emergencies and multiple causality situations are likely to fuel the demand for portable ventilators in near future. In addition to this, growing demand for portable ventilators during emergencies is expected to drive the growth of global portable ventilators market.

Moreover, technological advancements with portable ventilators have made these portable ventilators more acceptable in healthcare industries. Growing applications of portable ventilators in aeromedical, paediatrics, domiciliary ventilation, non-invasive ventilation are expected to drive the growth of portable ventilators market at remarkable pace.

Further, rising disposable income of the consumers coupled with increased healthcare expenditures are the dynamic factors behind the growth of global portable ventilators market. Additionally, growing healthcare industries are also envisioned to drive the global market of portable ventilators during the forecast period.

However, complicated operation of portable ventilators is a major challenge which is likely to hamper the growth of global portable ventilators market in near future. Moreover, availability of low cost portable ventilators offered by local vendors is also anticipated to dampen the growth of global portable ventilators market in near future.

Key Players

  • Koninklijke Philips N.V.
    • Company Overview
    • Key Product Offerings
    • Business Strategy
    • SWOT Analysis
    • Financial
  • Drgerverk AG & Co.
  • Becton
  • Dickinson & Company
  • Getinge AB
  • Resmed Inc.
  • Percussionair Corp.
  • Smiths Group PLC
  • Atical Medical Pvt. Ltd.
  • Medtronic PLC

Scope & Context

Overview of the Parent Market

Analyst View

Segmentation

The global portable ventilators market is segmented as follows:

  • By Product Market Size & Y-O-Y Growth Analysis
  • By Mode Market Size & Y-O-Y Growth Analysis
  • By Application Market Size & Y-O-Y Growth Analysis
  • By End User Market Size & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics                                                          

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

 

Key Answers Captured in Report?
Which geography would have better demand for product/services?
What are the strategies adopted by big players in the regional market?
Which country would see the steep rise in CAGR & year-on-year (Y-O-Y) growth?
What is the current & expected market size in next five years?
What is the market feasibility for long term investment?
What opportunity the country would offer for existing and new players in the market?
What is risk involved for suppliers in the geography?
What factors would drive the demand for the product/service in near future?
What is the impact analysis of various factors in the market growth?
What are the recent trends in the regional market and how successful they are?

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