Medical Ventilators Market Outlook (2023 to 2033)

The recent market research conducted by FMI has opined that the global medical ventilators market is expected to hold a market value of US$ 1.7 billion in 2023. The market is expected to advance at 9.1% between 2023 and 2033. By 2033, the market is projected to cross US$ 4 billion.

Key factors supporting the market growth are:

  • Technological advancements which have led to the application of improved sensors
  • Rapid growth of geriatric population and respiratory diseases
  • Rapid urbanization which has led to increase in pollution

The outbreak of COVID-19 pandemic led to a number of people suffering from respiratory diseases. It was during this time when the demand for medical ventilator machine exhibited a huge growth. It assisted the patients in breathing when sick, injured, or sedated for an operation. It pumps oxygen-rich air into the lungs, thereby relieving patients from respiratory issues.

The medical ventilator use is rising continuously because oxygen is an important requirement for people suffering from any respiratory disorder. As large number of respiratory diseases are chronic in nature, their treatment requires continuous application of such medical equipment. As per WHO, nearly 3.23 million people died because of chronic obstructive pulmonary disease in 2019, which was the third leading cause of death. The numbers are expected to rise in the coming years. Since majority of those suffering from such chronic disorder might require these medical devices, it is expected that the sales would surge.

The technological advancements in the market are also expected to drive the growth. The researchers have developed Electrical Impedance Tomography (EIT) technique, which assists in defining mechanical ventilation settings. The ability to quantify gains and losses assists in granting a more realistic evaluation of different ventilator modes. The manufacturers are also looking to integrate neural networks and decision tree classification techniques to increase the efficiency of the ventilators. The key players are also looking at ways to improve the mechanical strength of ventilators. In May, 2017, Draegerwerk AG & Co. KGaA launched a robust ventilator “Oxylog VE300”, a sturdy ventilator that can be used for emergency services.

A noteworthy advancement in this industry is the use of microprocessors, which allows the development of advanced signal processing algorithms. This would reduce the fundamental errors in sensor technologies, subsequently cultivating performance.

Development of improved flow measurement technology for a wide range of measurements, robustness to changes in gas composition are some of the key developments. Imposition of a low pneumatic resistance and dead space on the patient, and adequate dynamic response, are surging the market growth.

North America is expected to be the leading region in terms of revenue generation. High disposable income, rising geriatric population, and availability of advanced healthcare infrastructure happen to be the primary factors driving the growth.

Attributes Value
Medical Ventilators Market Value (2022) US$ 1.5 billion
Medical Ventilators Market Expected Value (2023) US$ 1.7 billion
Medical Ventilators Market Forecast Value (2033) US$ 4 billion
Medical Ventilators Market Expected CAGR (2023 to 2033) 9.1%

Don't pay for what you don't need

Customize your report by selecting specific countries or regions and save 30%!

Comparing Historical CAGR (2017 to 2021) and Anticipated CAGR

Surge in chronic respiratory issues and inception of COVID-19 pandemic has increased the adoption of healthcare ventilators. This massive adoption has even led to shortage of medical ventilators in many parts of the world, thereby creating a massive demand supply gap. Surging population has also led to increase in construction activities, which are believed to be one of the leading causes of carbon emissions. Such activities have increased the cases of asthma, COPD, pneumonia, etc., which has ultimately driven the market growth. This can be inferred through statistical comparison as well. While the historical CAGR for the market was 7.3%, the anticipated CAGR is 9.1%.

  • Short-term (2023 to 2026): During this time frame, the market might be driven due to checkered cases of COVID-19. The COVID-19 patients suffered from low oxygen level and need ventilator in hospitals for proper recovery, which is expected to support the market growth.
  • Medium-term (2026 to 2029): The growing preference of ventilators among long term oxygen therapy patients in hospitals and other healthcare systems might propel growth. Long-term oxygen therapy has been found to minimize the overall mortality while showing progress in emotional status and cognitive function in COPD patients. This therapy is now recommended by healthcare professionals across the globe. During this time frame, this therapy might be adopted on a large-scale basis.
  • Long-term (2029 to 2033): During this period, we might witness a lot of proactive steps from the key players. Companies might be seeking to consolidate their position through collaborations, partnerships and acquisition of small and medium manufacturers in the market. Such acquisitions significantly accelerate the company’s strategy to become one of the largest global leaders and builds scale and depth in medical ventilators market.

Which Factors Are Restraining the Demand for Medical Ventilators?

The market for medical ventilator is highly competitive. After the COVID-19 pandemic, many local players jumped into the business due to rising demand.

In addition, the cost of health ventilators is very high ranging from US$ 1,500 to US$ 72,000, which depends on the type of ventilator. Due to lack of funding, government as well as few private hospitals in low- and middle-income countries cannot afford the high-cost medical ventilators. In addition, the replacement cost of old model ventilators is relatively low in these countries. Therefore, lack of affordability by hospital in low and middle-income countries may deter the growth of the medical ventilators market. This can reduce the sale of the product.

The product recall is very important for public health as it leads to voluntary action of manufacturers and distributors to carry out their responsibility. Being a high involvement product, a common man may not be aware of benefits offered by the ventilators, especially in the developing and underdeveloped nations.

Stringent government regulations are expected to hamper the medical ventilators market growth. In the event of product recall, the company's financial condition, business, and results of operations could be adversely affected which is expected to restrain growth. For instance, in December 2019, Hamilton Medical AG recalled its Hamilton-G5 ventilators due to the “Panel connection lost” error message.

Sabyasachi Ghosh
Sabyasachi Ghosh

Principal Consultant

Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Country-wise Insights

Region North America
Country United States
CAGR (2023 to 2033) 6.8%
Region Europe
Country United Kingdom
CAGR (2023 to 2033) 5.8%
Region Asia Pacific
Country China
CAGR (2023 to 2033) 14.7%
Region Asia Pacific
Country Japan
CAGR (2023 to 2033) 9.1%
Region Asia Pacific
Country South Korea
CAGR (2023 to 2033) 8%

What makes the United States a large market?

In 2022, the United States accounted for about 90% of the North American medical ventilators market. This is because the manufacturers are focusing to boost up their ventilator manufacturing capacity to meet the rising demand of medical ventilators at hospitals. The increasing number of chronic respiratory disorder patients is believed to be the key factor.

Attributes Details
United States Market Expected Size (2033) US$ 777.8 million
United States Market Absolute Dollar Growth US$ 375.8 million
CAGR % 2017 to 2022 3.9%

In addition, the use of ventilators increased during the COVID-19 pandemic. To fulfill the increasing demand of ventilators, FDA gave Emergency Use Authorization (EUA). Increasing requirement has given the United States market a significant boost, with prospects looking positive through 2023 and beyond.

Why is the United Kingdom considered a lucrative market?

The United Kingdom accounted for around 21% of the European market in 2022. The leading cause of increased demand for medical ventilators in the United Kingdom is the large number of people infected with coronavirus during the first and second wave. United Kingdom is also home to one of the largest number of patients suffering from Alzheimer’s disease, which propels the sales of medical ventilators.

Attributes Details
United Kingdom Market Expected Size (2033) US$ 78.2 million
United Kingdom Market Absolute Dollar Growth US$ 33.7 million
CAGR % 2017 to 2022 3.5%

Additionally, one of the key causes driving demand for medical ventilators in the region is the increased frequency of chronic and respiratory illnesses. The presence of major manufacturers has also propelled the market growth. and increased technology and innovations related activities in ventilators taking place.

What are the factors fueling the demand for medical ventilators in China?

China accounted for around 30% of the East Asia market in 2022. The surging healthcare spending, better medical facilities, an increase in the geriatric population are the key factors driving growth. Presence of large number of local ventilator manufacturing players and a rising economic growth rate are also driving the market expansion.

Attributes Details
China Market Expected Size (2033) US$ 366 million
China Market Absolute Dollar Growth US$ 273 million
CAGR % 2017 to 2022 13.8%

In the Chinese market, regional manufacturers have gained lots of traction. Beijing Aeonmed Co Ltd and Shenzhen Mindray Bio-Medical Electronics Co Ltd are two notable players who are fulfilling the market demand in the country.

Japan market: High geriatric population demands massive number of ventilators

Japan is meant to have the highest geriatric population by percentage. Based on latest research, nearly 30% of the Japanese population is above the age of 65. A lot many of them suffer from cerebrovascular issues, cardiac disease, etc. Many of them need to be under ventilator as a precautionary measure, as the oxygen level comes down, and the ventilators support in inhaling oxygen.

Attributes Details
Japan Market Expected Size (2033) US$ 354.2 million
Japan Market Absolute Dollar Growth US$ 206.5 million
CAGR % 2017 to 2022 9.4%

Moreover, the presence of a lot of key players in Japan is also expected to drive the market growth. This ensures that owing to local manufacturing capabilities, the cost would also come down.

South Korea: Sophisticated healthcare market drives the sales

South Korea is meant for its technologically advanced and sophisticated healthcare market. As of 2020, the South Korea market was valued at US$ 144.2 billion, and the market is expected to grow at 24.3%. This gives room for the adoption of medical ventilators in large numbers. The availability of microprocessor-controlled ventilator integrated with new modes is expected to further drive the market growth.

Attributes Details
South Korea Market Expected Size (2033) US$ 91.5 million
South Korea Market Absolute Dollar Growth US$ 49.1 million
CAGR % 2017 to 2022 5.5%

Furthermore, the researchers have also developed easy to assemble and portable ventilators, which are low cost as well. During the pandemic, these were highly sought-after, as a lot of people got affected, and the country was running short of ventilators.

Category-wise Insights

Segment Product Type
Attribute Critical Care Ventilators
CAGR (2017 to 2022) 6.9%
CAGR (2023 to 2033) 8.6%
Segment Application
Attribute Invasive Ventilators
CAGR (2017 to 2022) 5.7%
CAGR (2023 to 2033) 7.5%

Which product will be the most preferred?

Critical care ventilators are predicted to be on the spotlight, owing to the rising number of patients requiring critical care for a variety of respiratory and cardiac disorders. They held the largest market share of 88% in 2022. The main advantage of employing critical care ventilators is that these do not require much of human interference.

As governments spending on healthcare infrastructure increased, the number of hospitals and clinics also increased, resulting in a recent boom in demand for critical care ventilators. Even during COVID-19, the demand for ventilators was extremely high.

Which application will be the most preferred?

By application, the invasive ventilators segment is anticipated to hold the maximum share of 61% in 2023. Invasive ventilators are used widely in treatment of those with acute exacerbations of COPD on several levels, including length of stay, hospital-acquired pneumonia, and mortality.

Comatose intubated patients who are under the influence of anesthesia tolerate invasive ventilation quite well. Patients can be invasively ventilated while being comfortable under little or no sedation. The invasive ventilators help patients with hypoxemic and hypercapnic respiratory failure, and allows for the implementation of lung-protective ventilation.

Which end user will be most preferred?

By end user, hospital hold over 52% of the market in 2021 and this trend is expected to continue during the forecast period as well. This is predominantly seen due to the large number of patients admitted into the hospital for seeking treatment for various diseases including respiratory infections and COVID-19.

While floating a tender, the hospitals generally buy such devices in bulk. Apart from that, because of the admission of patients on frequent basis, the hospitals may purchase the ventilators regularly.

Get the data you need at a Fraction of the cost

Personalize your report by choosing insights you need
and save 40%!

Ventilator without Compressed Medical Air! Start-ups obsessed with Innovation

The start-ups have been developing economical ventilator which run on room air without the need for compressed medical air. The machine delivers a 100% fraction of inspired oxygen when connected to an oxygen source. It is controlled by capacitive multi-touch interface. The ventilator is also enhanced with gesture control interface, which works without any need for training.

ABM Respiratory Care: The start-up has been developing ventilation solutions for people suffering from pulmonary diseases. The ‘Alpha Ventilator’ developed by the start-up is an internet-enabled ventilator for remote ventilation. The turbine technology used by the start-up implements several therapy modes for invasive and non-invasive ventilation. In October 2020, ABM Respiratory Care raised US$ 10.3 million in the Series A funding.

Key Players look to Automate Complex Healthcare Processes

The manufacturers operating in the medical ventilators market look to automate healthcare processes. This is being done either by the introduction of robots or through track-based configuration options that are designed to eliminate the manual sorting of plates. This helps in ensuring culture integrity and results in streamlined workflow. In January 2023, Becton, Dickinson, and Company introduced fully automated robotics track system for microbiology labs.

Key developments in the market are:

  • In January 2023, Becton Dickinson, CerTest Biotec announced emergency use authorization for Mpox Diagnostic Test.
  • In December 2022, Cardinal Health named Aaron Alt as the Chief Financial Officer.

Top players in the market:

Company Cardinal Health
Description Cardinal Health brings scaled solution to the healthcare sector to help their customers live in a thriving world. The company distributes pharmaceuticals, manufactures and distributes medical and laboratory products. The company has also been providing performance and data solutions for healthcare facilities. Cardinal Health is a crucial link between the clinical and operational sides of healthcare, delivering end to end solutions, and data driven insights. With more than five decades of experience, the company seizes the opportunity to address healthcare’s most complicated challenges – now, and in the future.
Company Becton Dickinson and Company
Description Becton Dickinson and Company is one of the world’s largest global medical technology companies and is advancing the world of healthTM by improving medical discovery. The company supports the heroes on the frontlines of healthcare by developing innovative technologies and solutions. With a headcount of more than 75,000, the company has a passion and commitment to help enhance the safety and efficiency of clinicians’ care delivery process and enable laboratory scientists to detect disease. BD also helps enhance outcomes, lower the costs and increase efficiencies.
Company GE Healthcare
Description GE Healthcare is the leading global medical technology, pharmaceutical diagnostics, and digital solutions innovator. The company enables physicians to make faster, more informed decisions through intelligent devices, data analytics, applications, and services. GE Healthcare is committed to foster an inclusive culture of respect, transparency, and unyielding integrity. With presence in over 160 countries, and employing more than 47,000 workers, the company has been making a massive impact in the healthcare sector over the years.

Other significant companies profiled: Koninklijke Philips N.V., Draegerwerk AG & Co. KGaA

Medical Ventilators Market Segmentation

By Product:

  • Critical Care Ventilators
  • Transport Ventilators

By Application:

  • Invasive Ventilators
  • Non-invasive Ventilators

By End User:

  • Hospitals
  • Ambulatory Surgical Centers
  • Long Term Care Centers
  • Home Care Settings

By Region:

  • North America
  • Latin America
  • East Asia
  • South Asia
  • Europe
  • Oceania
  • The Middle East and Africa

Frequently Asked Questions

What is the growth rate from 2023 to 2033?

The market will expand at a 9.1% CAGR from 2023 to 2033.

What is the 2023 market value?

The market in 2023 totals US$ 1.7 billion.

What region shows high lucrativeness?

North America is expected to be a lucrative market.

What limits the market’s growth?

Supply chain disruptions and regulatory challenges limit market growth.

How did the market perform historically?

From 2017 to 2021, the market rose at a 7.3% CAGR.

Table of Content
1. Executive Summary | Medical Ventilators Market
    1.1. Global Market Outlook
    1.2. Demand-side Trends
    1.3. Supply-side Trends
    1.4. Technology Roadmap Analysis
    1.5. Analysis and Recommendations
2. Market Overview
    2.1. Market Coverage / Taxonomy
    2.2. Market Definition / Scope / Limitations
3. Market Background
    3.1. Market Dynamics
        3.1.1. Drivers
        3.1.2. Restraints
        3.1.3. Opportunity
        3.1.4. Trends
    3.2. Scenario Forecast
        3.2.1. Demand in Optimistic Scenario
        3.2.2. Demand in Likely Scenario
        3.2.3. Demand in Conservative Scenario
    3.3. Opportunity Map Analysis
    3.4. Product Life Cycle Analysis
    3.5. Supply Chain Analysis
        3.5.1. Supply Side Participants and their Roles
            3.5.1.1. Producers
            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
            3.5.1.3. Wholesalers and Distributors
        3.5.2. Value Added and Value Created at Node in the Supply Chain
        3.5.3. List of Raw Material Suppliers
        3.5.4. List of Existing and Potential Buyer’s
    3.6. Investment Feasibility Matrix
    3.7. Value Chain Analysis
        3.7.1. Profit Margin Analysis
        3.7.2. Wholesalers and Distributors
        3.7.3. Retailers
    3.8. PESTLE and Porter’s Analysis
    3.9. Regulatory Landscape
        3.9.1. By Key Regions
        3.9.2. By Key Countries
    3.10. Regional Parent Market Outlook
    3.11. Production and Consumption Statistics
    3.12. Import and Export Statistics
4. Global Market Analysis 2017 to 2022 and Forecast, 2023 to 2033
    4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2017 to 2022
    4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
        4.2.1. Y-o-Y Growth Trend Analysis
        4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product Type
    5.1. Introduction / Key Findings
    5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product Type, 2017 to 2022
    5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product Type, 2023 to 2033
        5.3.1. Critical Care Ventilators
        5.3.2. Transport Ventilators
    5.4. Y-o-Y Growth Trend Analysis By Product Type, 2017 to 2022
    5.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033
6. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Application
    6.1. Introduction / Key Findings
    6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application, 2017 to 2022
    6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application, 2023 to 2033
        6.3.1. Invasive Ventilators
        6.3.2. Non-Invasive Ventilator
    6.4. Y-o-Y Growth Trend Analysis By Application, 2017 to 2022
    6.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033
7. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By End User
    7.1. Introduction / Key Findings
    7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End User, 2017 to 2022
    7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End User, 2023 to 2033
        7.3.1. Hospitals
        7.3.2. Ambulatory Surgical Centers
        7.3.3. Long Term Care Centers
        7.3.4. Home Care Settings
    7.4. Y-o-Y Growth Trend Analysis By End User, 2017 to 2022
    7.5. Absolute $ Opportunity Analysis By End User, 2023 to 2033
8. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Region
    8.1. Introduction
    8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2017 to 2022
    8.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
        8.3.1. North America
        8.3.2. Latin America
        8.3.3. Europe
        8.3.4. East Asia
        8.3.5. South Asia
        8.3.6. Oceania
        8.3.7. Middle East and Africa
    8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
    9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2022
    9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        9.2.1. By Country
            9.2.1.1. The USA
            9.2.1.2. Canada
        9.2.2. By Product Type
        9.2.3. By Application
        9.2.4. By End User
    9.3. Market Attractiveness Analysis
        9.3.1. By Country
        9.3.2. By Product Type
        9.3.3. By Application
        9.3.4. By End User
    9.4. Key Takeaways
10. Latin America Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
    10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2022
    10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        10.2.1. By Country
            10.2.1.1. Brazil
            10.2.1.2. Mexico
            10.2.1.3. Argentina
            10.2.1.4. Rest of Latin America
        10.2.2. By Product Type
        10.2.3. By Application
        10.2.4. By End User
    10.3. Market Attractiveness Analysis
        10.3.1. By Country
        10.3.2. By Product Type
        10.3.3. By Application
        10.3.4. By End User
    10.4. Key Takeaways
11. Europe Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
    11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2022
    11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        11.2.1. By Country
            11.2.1.1. United Kingdom (UK)
            11.2.1.2. Germany
            11.2.1.3. France
            11.2.1.4. Italy
            11.2.1.5. Spain
            11.2.1.6. Russia
            11.2.1.7. Rest of Europe
        11.2.2. By Product Type
        11.2.3. By Application
        11.2.4. By End User
    11.3. Market Attractiveness Analysis
        11.3.1. By Country
        11.3.2. By Product Type
        11.3.3. By Application
        11.3.4. By End User
    11.4. Key Takeaways
12. East Asia Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
    12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2022
    12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        12.2.1. By Country
            12.2.1.1. China
            12.2.1.2. Japan
            12.2.1.3. South Korea
        12.2.2. By Product Type
        12.2.3. By Application
        12.2.4. By End User
    12.3. Market Attractiveness Analysis
        12.3.1. By Country
        12.3.2. By Product Type
        12.3.3. By Application
        12.3.4. By End User
    12.4. Key Takeaways
13. South Asia Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
    13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2022
    13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        13.2.1. By Country
            13.2.1.1. India
            13.2.1.2. Indonesia
            13.2.1.3. Thailand
            13.2.1.4. Malaysia
            13.2.1.5. Rest of South Asia
        13.2.2. By Product Type
        13.2.3. By Application
        13.2.4. By End User
    13.3. Market Attractiveness Analysis
        13.3.1. By Country
        13.3.2. By Product Type
        13.3.3. By Application
        13.3.4. By End User
    13.4. Key Takeaways
14. Oceania Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
    14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2022
    14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        14.2.1. By Country
            14.2.1.1. Australia
            14.2.1.2. New Zealand
        14.2.2. By Product Type
        14.2.3. By Application
        14.2.4. By End User
    14.3. Market Attractiveness Analysis
        14.3.1. By Country
        14.3.2. By Product Type
        14.3.3. By Application
        14.3.4. By End User
    14.4. Key Takeaways
15. Middle East and Africa Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
    15.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2022
    15.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        15.2.1. By Country
            15.2.1.1. South Africa
            15.2.1.2. Turkey
            15.2.1.3. GCC Countries
            15.2.1.4. Rest of Middle East and Africa
        15.2.2. By Product Type
        15.2.3. By Application
        15.2.4. By End User
    15.3. Market Attractiveness Analysis
        15.3.1. By Country
        15.3.2. By Product Type
        15.3.3. By Application
        15.3.4. By End User
    15.4. Key Takeaways
16. Key Countries Market Analysis
    16.1. USA
        16.1.1. Pricing Analysis
        16.1.2. Market Share Analysis, 2022
            16.1.2.1. By Product Type
            16.1.2.2. By Application
            16.1.2.3. By End User
    16.2. Canada
        16.2.1. Pricing Analysis
        16.2.2. Market Share Analysis, 2022
            16.2.2.1. By Product Type
            16.2.2.2. By Application
            16.2.2.3. By End User
    16.3. Brazil
        16.3.1. Pricing Analysis
        16.3.2. Market Share Analysis, 2022
            16.3.2.1. By Product Type
            16.3.2.2. By Application
            16.3.2.3. By End User
    16.4. Mexico
        16.4.1. Pricing Analysis
        16.4.2. Market Share Analysis, 2022
            16.4.2.1. By Product Type
            16.4.2.2. By Application
            16.4.2.3. By End User
    16.5. Argentina
        16.5.1. Pricing Analysis
        16.5.2. Market Share Analysis, 2022
            16.5.2.1. By Product Type
            16.5.2.2. By Application
            16.5.2.3. By End User
    16.6. Chile
        16.6.1. Pricing Analysis
        16.6.2. Market Share Analysis, 2022
            16.6.2.1. By Product Type
            16.6.2.2. By Application
            16.6.2.3. By End User
    16.7. EU-4
        16.7.1. Pricing Analysis
        16.7.2. Market Share Analysis, 2022
            16.7.2.1. By Product Type
            16.7.2.2. By Application
            16.7.2.3. By End User
    16.8. UK
        16.8.1. Pricing Analysis
        16.8.2. Market Share Analysis, 2022
            16.8.2.1. By Product Type
            16.8.2.2. By Application
            16.8.2.3. By End User
    16.9. BENELUX
        16.9.1. Pricing Analysis
        16.9.2. Market Share Analysis, 2022
            16.9.2.1. By Product Type
            16.9.2.2. By Application
            16.9.2.3. By End User
    16.10. Nordic
        16.10.1. Pricing Analysis
        16.10.2. Market Share Analysis, 2022
            16.10.2.1. By Product Type
            16.10.2.2. By Application
            16.10.2.3. By End User
    16.11. Russia
        16.11.1. Pricing Analysis
        16.11.2. Market Share Analysis, 2022
            16.11.2.1. By Product Type
            16.11.2.2. By Application
            16.11.2.3. By End User
    16.12. China
        16.12.1. Pricing Analysis
        16.12.2. Market Share Analysis, 2022
            16.12.2.1. By Product Type
            16.12.2.2. By Application
            16.12.2.3. By End User
    16.13. Japan
        16.13.1. Pricing Analysis
        16.13.2. Market Share Analysis, 2022
            16.13.2.1. By Product Type
            16.13.2.2. By Application
            16.13.2.3. By End User
    16.14. South Korea
        16.14.1. Pricing Analysis
        16.14.2. Market Share Analysis, 2022
            16.14.2.1. By Product Type
            16.14.2.2. By Application
            16.14.2.3. By End User
    16.15. India
        16.15.1. Pricing Analysis
        16.15.2. Market Share Analysis, 2022
            16.15.2.1. By Product Type
            16.15.2.2. By Application
            16.15.2.3. By End User
    16.16. ASEAN
        16.16.1. Pricing Analysis
        16.16.2. Market Share Analysis, 2022
            16.16.2.1. By Product Type
            16.16.2.2. By Application
            16.16.2.3. By End User
    16.17. Australia & New Zealand
        16.17.1. Pricing Analysis
        16.17.2. Market Share Analysis, 2022
            16.17.2.1. By Product Type
            16.17.2.2. By Application
            16.17.2.3. By End User
    16.18. GCC Countries
        16.18.1. Pricing Analysis
        16.18.2. Market Share Analysis, 2022
            16.18.2.1. By Product Type
            16.18.2.2. By Application
            16.18.2.3. By End User
    16.19. South Africa
        16.19.1. Pricing Analysis
        16.19.2. Market Share Analysis, 2022
            16.19.2.1. By Product Type
            16.19.2.2. By Application
            16.19.2.3. By End User
17. Market Structure Analysis
    17.1. Competition Dashboard
    17.2. Competition Benchmarking
    17.3. Market Share Analysis of Top Players
        17.3.1. By Regional
        17.3.2. By Product Type
        17.3.3. By Application
        17.3.4. By End User
18. Competition Analysis
    18.1. Competition Deep Dive
        18.1.1. Becton Dickinson and Company,
            18.1.1.1. Overview
            18.1.1.2. Product Portfolio
            18.1.1.3. Profitability by Market Segments
            18.1.1.4. Sales Footprint
            18.1.1.5. Strategy Overview
                18.1.1.5.1. Marketing Strategy
                18.1.1.5.2. Product Strategy
                18.1.1.5.3. Channel Strategy
        18.1.2. Cardinal Health
            18.1.2.1. Overview
            18.1.2.2. Product Portfolio
            18.1.2.3. Profitability by Market Segments
            18.1.2.4. Sales Footprint
            18.1.2.5. Strategy Overview
                18.1.2.5.1. Marketing Strategy
                18.1.2.5.2. Product Strategy
                18.1.2.5.3. Channel Strategy
        18.1.3. GE Healthcare
            18.1.3.1. Overview
            18.1.3.2. Product Portfolio
            18.1.3.3. Profitability by Market Segments
            18.1.3.4. Sales Footprint
            18.1.3.5. Strategy Overview
                18.1.3.5.1. Marketing Strategy
                18.1.3.5.2. Product Strategy
                18.1.3.5.3. Channel Strategy
        18.1.4. Koninklijke Philips N.V.
            18.1.4.1. Overview
            18.1.4.2. Product Portfolio
            18.1.4.3. Profitability by Market Segments
            18.1.4.4. Sales Footprint
            18.1.4.5. Strategy Overview
                18.1.4.5.1. Marketing Strategy
                18.1.4.5.2. Product Strategy
                18.1.4.5.3. Channel Strategy
        18.1.5. Draegerwerk AG & Co. KGaA,
            18.1.5.1. Overview
            18.1.5.2. Product Portfolio
            18.1.5.3. Profitability by Market Segments
            18.1.5.4. Sales Footprint
            18.1.5.5. Strategy Overview
                18.1.5.5.1. Marketing Strategy
                18.1.5.5.2. Product Strategy
                18.1.5.5.3. Channel Strategy
        18.1.6. Medtronic Plc.,
            18.1.6.1. Overview
            18.1.6.2. Product Portfolio
            18.1.6.3. Profitability by Market Segments
            18.1.6.4. Sales Footprint
            18.1.6.5. Strategy Overview
                18.1.6.5.1. Marketing Strategy
                18.1.6.5.2. Product Strategy
                18.1.6.5.3. Channel Strategy
        18.1.7. Getinge AB,
            18.1.7.1. Overview
            18.1.7.2. Product Portfolio
            18.1.7.3. Profitability by Market Segments
            18.1.7.4. Sales Footprint
            18.1.7.5. Strategy Overview
                18.1.7.5.1. Marketing Strategy
                18.1.7.5.2. Product Strategy
                18.1.7.5.3. Channel Strategy
        18.1.8. Hamilton Medical AG,
            18.1.8.1. Overview
            18.1.8.2. Product Portfolio
            18.1.8.3. Profitability by Market Segments
            18.1.8.4. Sales Footprint
            18.1.8.5. Strategy Overview
                18.1.8.5.1. Marketing Strategy
                18.1.8.5.2. Product Strategy
                18.1.8.5.3. Channel Strategy
        18.1.9. Smiths Medical,
            18.1.9.1. Overview
            18.1.9.2. Product Portfolio
            18.1.9.3. Profitability by Market Segments
            18.1.9.4. Sales Footprint
            18.1.9.5. Strategy Overview
                18.1.9.5.1. Marketing Strategy
                18.1.9.5.2. Product Strategy
                18.1.9.5.3. Channel Strategy
        18.1.10. Fisher & Paykel Healthcare,
            18.1.10.1. Overview
            18.1.10.2. Product Portfolio
            18.1.10.3. Profitability by Market Segments
            18.1.10.4. Sales Footprint
            18.1.10.5. Strategy Overview
                18.1.10.5.1. Marketing Strategy
                18.1.10.5.2. Product Strategy
                18.1.10.5.3. Channel Strategy
        18.1.11. Bunnell Incorporated
            18.1.11.1. Overview
            18.1.11.2. Product Portfolio
            18.1.11.3. Profitability by Market Segments
            18.1.11.4. Sales Footprint
            18.1.11.5. Strategy Overview
                18.1.11.5.1. Marketing Strategy
                18.1.11.5.2. Product Strategy
                18.1.11.5.3. Channel Strategy
19. Assumptions & Acronyms Used
20. Research Methodology
Recommendations

Healthcare

Electronic Medical Record Market

April 2024

REP-GB-387

306 pages

Healthcare

Portable Medical Devices Market

February 2023

REP-GB-404

313 pages

Explore Healthcare Insights

View Reports
Future Market Insights

Medical Ventilators Market

Schedule a Call