Portable Medical Ventilators Market: By Mode (combined-mode ventilation, pressure-mode ventilation, volume-mode ventilation, others), Interface (non-invasive ventilation, invasive ventilation), Age Group (infant/neonatal ventilators, adult/pediatric ventilators), End User (hospitals and clinics, ambulatory care centers, home care settings, others) and Region (Americas, Europe, Asia-Pacific, Middle East, and Africa) – Forecast to 2027

Market Forecast

Global Portable Medical Ventilators Market size was estimated to be USD 489.3 Million in 2019 and is expected to reach USD 1056.4 Million by the end of 2027. It is predicted to grow at a CAGR of 9.62% from 2020 to 2027.

Market Synopsis

Portable ventilators deliver oxygen into the breathing circuit, where it can be humified by a heated humidifier or heat & moisture exchanger before delivery to the patient. These ventilators can be used for treating patients with conditions such as pneumonia, COVID 19, and during mass casualty events, among others. The increasing demand for ventilators, due to the global outbreak of COVID 19, the rapid growth of the geriatric population, and rising incidences of respiratory emergencies are the key factors that are expected to drive the market growth. Moreover, increasing incidences of chronic obstructive pulmonary disease (COPD), a rise in government expenditure on healthcare, and an increasing number of ventilator-associated pneumonia are also expected to boost market growth. 

Market Influencer

The outbreak of COVID-19, leading to increased demand for medical ventilators.

Market Drivers

• High demand for ventilators, due to the outbreak of COVID-19 globally.

• Increasing incidences of respiratory emergencies such as asthma, emphysema, and lung cancer. According to the World Health Organization (WHO), 2016 report, more than 339 million people had Asthma globally in 2016.

• Rising incidences of chronic obstructive pulmonary disease (COPD). According to the Centers for Disease Control and Prevention (CDC), in 2018, 3.8 million adults in the US have been diagnosed with Emphysema.

• The rapid growth of the geriatric population.

• An increasing number of intensive care units (ICU) bed admissions According to the American Hospital Association (AHA), the 2018 report, total medical-surgical intensive care beds in community hospitals were 55,663 beds.

• Rising number of ventilator-associated pneumonia cases.

Market Restraints

• High cost of ventilators


• Government regulations on import-export of various medical devices.


• Availability of refurbished and counterfeit products.

Segmentation

By Mode

• Combined-mode ventilation: This segment is the fastest-growing segment. These ventilators provide mandatory breathes which are synchronized with patient’s spontaneous efforts at a preset rate.

• Pressure-mode ventilation: This is the largest segment. In pressure-mode ventilation, the pressure is the controlled parameter and time is the signal that ends inspiration.

• Volume-mode ventilation: These ensure that the patient will receive a specific tidal volume.

• Others: The other mode of ventilators includes assist-control ventilation, synchronized intermittent mandatory ventilation, airway pressure release ventilation, and pressure support ventilation.

By Interface

• Non-invasive ventilation: The non-invasive ventilation is the delivery of oxygen via a face mask and therefore, eliminating the need for an endotracheal airway. This is the fastest-growing segment. There are two types of non-invasive ventilations - non-invasive positive pressure ventilation, and non-invasive negative pressure ventilation.

• Invasive ventilation: This is the largest segment. The invasive ventilation utilizes a tube that is physically inserted into the patient’s throat or trachea, thus invading the respiratory airway.

By Age Group

• Infant/neonatal ventilators: These provide ventilator support to preterm and critically ill infants who suffer from respiratory failure and who generally have low-compliance lungs, small tidal volumes, high respiratory rates, and high airway resistance.

• Adult/pediatric ventilators: The adult/pediatric ventilators are the fastest growing and largest segment. These ventilators provide ventilator support to the patients especially in the emergency department who are suffering from cardiogenic pulmonary edema, stroke, asthma, pneumonia, and neuromuscular disorders.

By End-User

• Hospitals & clinics: In hospitals and clinics, ventilators are used to support patients with severe respiratory conditions that impact the lungs, including pneumonia. This is the largest and fastest-growing segment.

• Ambulatory care centers: Ambulatory care centers are medical care facilities that provide outpatient services. These centers provide services to chronic disease clinics and infectious disease treatments.

• Home care settings: Patients with symptomatic chronic ventilation are chronically dependent on ventilators at home care settings.

By Region

• Americas: Americas is expected to be the largest market for portable medical ventilators. According to the World Health Organization (WHO), the number of COVID 19 cases recorded is 11, 79,607 as of April 2020. Thus, a huge number of ventilators are required for COVID 19 patients who are expected to grow during the forecast period.

• Europe: According to the European Commission, 2018 report, nearly one fifth (19%) of the European population was aged 65 and more. Hence, growth in geriatric population across the region is expected to drive the market growth.

• Asia-Pacific: Asia-Pacific is the fastest-growing market for portable medical ventilators. The increasing number of chronic obstructive pulmonary diseases (COPD) across the region is expected to boost market growth.

• Middle East & Africa: With owing to the rise in infrastructure development along with an increase in government expenditure on healthcare is expected to drive the market growth across the region.

Key Players

• Koninklijke Philips N.V.


• Airon Corporation


• Bio-Med Devices


• Drgerwerk AG & Co.


• Getinge AB


• Hamilton Medical


• Medtronic plc


• Percussionaire Corp.


• ResMed


• Smiths Group PLC


• Ventec Life Systems


• Vyaire Medical, Inc.

Report Scope:

Report Attribute/Metric	Details
Market Size	2019: USD 489.3 Million 2027: USD 1056.4 Million
CAGR	9.62% (2020-2027)
Base Year	2019
Forecast Period	2020-2027
Historical Data	2018
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Mode, Interface, Age Group and End User
Geographies Covered	North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Vendors	Koninklijke Philips N.V. (The Netherlands), Airon Corporation (India), Bio-Med Devices (US), Drgerwerk AG & Co. (Germany), Getinge AB (Sweden), Hamilton Medical (Switzerland), Medtronic plc (US), Percussionaire Corp. (US), ResMed (US), Smiths Group PLC (UK), Ventec Life Systems (US), Vyaire Medical, Inc. (US).
Key Market Opportunities	The Outbreak of COVID-19, Leading to Increased Demand for Medical Ventilators.
Key Market Drivers	Increasing incidences of respiratory emergencies such as asthma, emphysema, and lung cancer. Rising incidences of chronic obstructive pulmonary disease (COPD). The rapid growth of the geriatric population. Rising number of ventilator-associated pneumonia cases.

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