Medical Devices

Image

Asia-Pacific Intensive Care Unit (ICU) Ventilators Market – Industry Trends and Forecast to 2030

  • Medical Devices
  • Upcoming Report
  • Dec 2022
  • Asia-Pacific
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Asia-Pacific Intensive Care Unit (ICU) Ventilators Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR - % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 2001.62 Million
Diagram Market Size (Forecast Year) USD 3732.40 Million
Diagram CAGR %

Asia-Pacific Intensive Care Unit (ICU) Ventilators Market, By Product Type (High-End ICU Ventilators, Basic ICU Ventilators, Mid-End ICU Ventilators), Type (Adult Ventilators, Neonatal Ventilators, Pediatric Ventilators), Mode (Combined-Mode Ventilation, Volume-Mode Ventilation, Pressure-Mode Ventilation, Other), End User (Hospitals, Specialty Clinics, Long Term Care Centres, Rehabilitation Centres) – Industry Trends and Forecast to 2030.

Asia-Pacific Intensive Care Unit (ICU) Ventilators Market Analysis and Size

The intensive care unit (ICU) ventilators market has grown tremendously over the years as a result of technological breakthroughs such as improved portable ventilators and advancements in sensor technologies used in ventilators. The increasing focus of key players on technological advances in molecular diagnostics and indulging in collaboration and partnerships with other organizations has a significant impact on the intensive care unit (ICU) ventilators market. As a result, the market is being propelled forward by various growth determinants and is expected to grow significantly during the forecast period.

Data Bridge Market Research analyses that the intensive care unit (ICU) ventilators market which was USD 2001.624 million in 2022, is expected to reach USD 3732.40 million by 2030, at a CAGR of 8.1% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Asia-Pacific Intensive Care Unit (ICU) Ventilators Market Scope and Segmentation      

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Product Type (High-End ICU Ventilators, Basic ICU Ventilators, Mid-End ICU Ventilators), Type (Adult Ventilators, Neonatal Ventilators, Pediatric Ventilators), Mode (Combined-Mode Ventilation, Volume-Mode Ventilation, Pressure-Mode Ventilation, Other), End User (Hospitals, Specialty Clinics, Long Term Care Centres, Rehabilitation Centres)

Countries Covered

China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC)

Market Players Covered

Koninklijke Philips N.V. (Netherlands), Getinge AB (Sweden), ResMed (U.S.), Medtronic (Ireland), Fisher & Paykel Healthcare Limited (New Zealand), Avasarala Technologies Limited (India), Allied Healthcare Products, Inc. (U.S.), Shenzhen Mindray Bio-Medical Electronics Co., Ltd, (China), Drägerwerk AG & CO. KGAA (Germany), Nihon Kohden Corporation (Japan), Asahi Kasei Corporation (Japan), Air Liquide (France), Vyaire (U.S.), General Electric (U.S.), Hamilton Medical (Switzerland), Smiths Group plc (U.K), aXcent Medical (Germany), Metran Co., Ltd (Japan), Airon Corporation (Florida), TRITON Electronic Systems Ltd. (Russia), Bio-Med Devices, (U.S.), Hill-Rom Holdings, Inc. (U.S.), HEYER Medical AG (Germany)

Market Opportunities

  • Various Advancements in Ventilators

Market Definition

The ventilator is basically an equipment used in intensive care units to help patients breathe when they cannot do so on their own. Ventilators can be employed on the system either temporarily or permanently (as in long-term care) and are used across utilized in hospital settings, rehabilitation centers and at home. Mechanical ventilation, an endotracheal tube, and a nasogastric drain are the components of a ventilator. Ventilation devices remove carbon dioxide from the patient's body by supplying oxygen. It is used to keep people alive, but it is not used to treat illnesses or medical disorders. The mechanical ventilation system is used for patients with chronic diseases such as chronic obstructive pulmonary disease (COPD), asthma, brain traumas, and strokes.

Asia-Pacific Intensive Care Unit (ICU) Ventilators Market Dynamics

Drivers

  • Surging Prevalence of Respiratory Disorders 

The primary drivers of this market's expansion are the rising prevalence of chronic obstructive pulmonary disease (COPD) and other respiratory disorders such as sleep apnea, acute lung injury, and hypoxemia. The rising number of preterm births and the rapidly growing geriatric population are also expected to accelerate market growth. Furthermore, the high prevalence of tobacco smoking, which causes respiratory disease, will drive market growth.

  • Increased Demand for Home Healthcare

The benefits of home healthcare, such as convenience and comfort, as well as cost savings, are expected to drive market growth. Furthermore, growing healthcare infrastructure and rising disposable income will lead to increased demand for home healthcare, acting as a significant market driver.

Also, rising patient awareness of respiratory diseases dampens the market's growth during the forecast period.

Opportunities

  • Various Advancements in Ventilators

Various technological advancements, such as the development of advanced portable ventilators and advancements in sensor technologies used in ventilators, are expected to generate lucrative opportunities for the market. Furthermore, advances in non-invasive and microprocessor-controlled portable ventilators will provide numerous growth opportunities for the market.

Restraints/Challenges

  • Low Awareness

Many patients go undetected and receive inadequate care, because respiratory illnesses are not well-known on the market. The market's expansion will be hindered by the significant number of respiratory disease patients who are not receiving treatment.

  • Risks Associated with the Ventilators Usage

The dangers of using mechanical ventilators may prevent the sector from growing. It is necessary to breathe more mechanically since there is a risk of infection from germs entering the artificial airway. Additionally, repetitive opening and closing of the tiny air sacs within the lungs can cause lung damage. The intensive care unit (ICU) ventilators market is therefore expected to face challenges during the forecast period of 2023–2030 due to the hazards connected with the use of devices.

This intensive care unit (ICU) ventilators market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the intensive care unit (ICU) ventilators market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Covid-19 Impact on Intensive Care Unit (ICU) Ventilators Market

The COVID-19 pandemic's positive effects on market growth were felt favourably by the intensive care unit (ICU) ventilators market. Respiratory failure brought on by COVID-19 infection requires intensive care and ventilator support. COVID-19 patients have been regularly oxygenated using mechanical breathing. Additionally, new COVID-19 delta and omicron variants with a fast rate of spread were found in mid-November 2021, increasing the possibility of a third wave travelling throughout the globe. To satisfy the increasing demand for ICU ventilators during the pandemic, the government and well-known manufacturers in the market have boosted market production.

The manufacturers are also concentrating on numerous advancements and innovations, industry trends, and other market expansion methods. These factors will accelerate the market's growth.

Recent Developments

  • In 2020, The FDA's EUA authority granted Medtronic permission to use PB560 in the US. In the past, the company sent out about 300 ventilators each week. To combat the epidemic, it planned to increase production from 300 to 700 ventilators weekly.
  • In 2020, Getinge AB increased 60% of their ventilator manufacturing capacity to meet the needs of global intensive care units as a result of the Covid-19 pandemic. By increasing their production capacity, the company expands their product portfolio in the market.

Asia-Pacific Intensive Care Unit (ICU) Ventilators Market Scope

The intensive care unit (ICU) ventilators market is segmented on the basis of product type, type, mode and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

  • High-End ICU Ventilators
  • Basic ICU Ventilators
  • Mid-End ICU Ventilators

 Type

  • Adult Ventilators
  • Neonatal Ventilators
  • Pediatric Ventilators

 Mode

  • Combined-Mode Ventilation
  • Volume-Mode Ventilation
  • Pressure-Mode Ventilation
  • Other

End User

  • Hospitals
  • Specialty Clinics
  • Long Term Care Centres
  • Rehabilitation Centres

Intensive Care Unit (ICU) Ventilators Market Regional Analysis/Insights

The intensive care unit (ICU) ventilators market is analyzed and market size insights and trends are provided by country, product type, type, mode and end user as referenced above.

The countries covered in the intensive care unit (ICU) ventilators market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC)

Japan dominates the Asia-Pacific intensive care unit (ICU) ventilators market, because of the rising number of chronic diseases, ICU beds, preterm births, and emerging neonatal care technologies.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Healthcare Infrastructure Growth Installed base and New Technology Penetration

The intensive care unit (ICU) ventilators market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for intensive care unit (ICU) ventilators market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the intensive care unit (ICU) ventilators market. The data is available for historic period 2011-2021.

Competitive Landscape and Intensive Care Unit (ICU) Ventilators Market Share Analysis

The intensive care unit (ICU) ventilators market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to intensive care unit (ICU) ventilators market.

Some of the major players operating in the intensive care unit (ICU) ventilators market are:

  • Koninklijke Philips N.V. (Netherlands)
  • Getinge AB (Sweden)
  • ResMed (U.S.)
  • Medtronic (Ireland)
  • Fisher & Paykel Healthcare Limited (New Zealand)
  • Avasarala Technologies Limited (India)
  • Allied Healthcare Products, Inc. (U.S.)
  • Shenzhen Mindray Bio-Medical Electronics Co., Ltd, (China)
  • Drägerwerk AG & CO. KGAA (Germany)
  • Nihon Kohden Corporation (Japan)
  • Asahi Kasei Corporation (Japan)
  • Air Liquide (France)
  • Vyaire (U.S.)
  • General Electric (U.S.)
  • Hamilton Medical (Switzerland)
  • Smiths Group plc (U.K.)
  • aXcent Medical (Germany)
  • Metran Co., Ltd (Japan)
  • Airon Corporation (Florida)
  • TRITON Electronic Systems Ltd. (Russia)
  • Bio-Med Devices, (U.S.)
  • Hill-Rom Holdings, Inc. (U.S.)
  • HEYER Medical AG (Germany)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

FREQUENTLY ASK QUESTIONS

The Asia-Pacific Intensive Care Unit (ICU) Ventilators Market is projected to grow at a CAGR of 8.1% during the forecast period by 2030.
The future market value of the Asia-Pacific Intensive Care Unit (ICU) Ventilators Market is expected to reach USD 3732.40 million by 2030.
The major players in the Asia-Pacific Intensive Care Unit (ICU) Ventilators Market are Koninklijke Philips N.V. (Netherlands), Getinge AB (Sweden), ResMed (U.S.), Medtronic (Ireland), Fisher & Paykel Healthcare Limited (New Zealand), Avasarala Technologies Limited (India), Allied Healthcare Products, Inc. (U.S.), etc.
The countries covered in the Asia-Pacific Intensive Care Unit (ICU) Ventilators Market are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC).
Free Sample Report

CHOOSE LICENCE TYPE

  • 4200.00
  • 3500.00
  • 2000.00
  • 5500.00
  • 7500.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials