1. Market Research
  2. > Healthcare Market Trends
Mechanical Ventilators Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Mechanical Ventilators Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

  • November 2021
  • 126 pages
  • ID: 6184967
  • Format: PDF
  • Mordor Intelligence LLP


Table of Contents

Search Inside

The mechanical ventilators market was valued at USD 6,490 million in 2020, and it is expected to reach USD 9,695 million by 2026, registering a CAGR of 7.5% during the period.

The impact of the COVID-19 pandemic on the mechanical ventilators market is positive because it has increased the use of mechanical ventilators in the management of the disease. For instance, according to a research study by Yang Wang et al., published in the American Journal of Respiratory and Critical Care Medicine February 2020, in China, 23 (65.7%) patients received invasive ventilation. A total of 134 (40.6%) patients were treated with mechanical ventilation (either non-invasive or invasive). Among them, 34 received treatment of non-invasive ventilation, whereas invasive ventilation was given to 100 patients.

Furthermore, as per the above source, the median duration from admission to invasive ventilation was five days, and the median duration of invasive ventilation was four days. This indicates there was a high demand for mechanical ventilators during the COVID-19 pandemic in 2020.

Globally, the increased geriatric population, coupled with higher incidences of chronic conditions, such as chronic obstructive pulmonary disease (COPD), are driving the market growth. For instance, according to the Global Asthma Report, in 2018, globally, chronic respiratory diseases affect more than one billion people. Additionally, asthma is one of the largest contributors to this figure, affecting children, adults, and elderly people. There is a high prevalence of severe asthma in the emerging markets of MEA and Latin America, as compared to the mid-range prevalence in North America, Europe, and Asia Pacific.

Furthermore, recently, the COVID-19 outbreak has increased the demand for respiratory devices, like ventilators. For instance, in March 2020, Zoll Medical Corporation executed a plan to increase manufacturing capacity to 10,000 ventilators per month. This production volume expansion helped in the treatment of patients suffering from COVID-19 and may ultimately lead to market expansion.

Moreover, in March 2020, Koninklijke Philips NV established its production site in the United States to meet the increasing demand for ventilators during the COVID-19 pandemic.

In August 2019, Smiths Medical, a medical device manufacturer, entered a partnership with Medline Industries for the distribution of its portex devices. The partnership may focus on the non-acute, home care channels and expand their respiratory division market, globally. Thus, the factors mentioned above are expected to drive market growth over the forecast period.

Key Market Trends

Intensive Care Ventilators Segment is Expected to Hold Significant Market Share Over the Forecast Period

Intensive care ventilators are used to deliver ventilatory support to patients who cannot breathe on their own or require assistance to maintain adequate ventilation. Neonates and adults can both be ventilated using intensive care ventilators and can vary in condition, from very critical, unstable patients to relatively stable postoperative patients. The intensive care ventilators segment is expected to account for the major market share, owing to the technological advancements and increasing focus of manufacturers to develop them.

The demand for mechanical ventilators increased over the past few months owing to the COVID-19 outbreak, increasing the number of ICUs admissions across the world. For instance, according to the World Health Organization (WHO), as of May 2021, around 154,815,600 cases of COVID-19 were confirmed, including 3,236,104 deaths. Furthermore, globally, the exponential rise in COVID-19 cases requiring long and short-term respiratory support may further drive the market growth positively.

In January 2021, Inovytec company engaged in a deal to supply 1,500 progressive portable ventilators to Italy, Brazil, and Israel entered into an agreement with a California-based distributor to supply portable ventilators. The portable ventilators may assist patients with respiratory illnesses throughout the present COVID-19 pandemic and beyond.

Additionally, notable developments in the intensive care segment attribute to its prominent share in the market. Advancements, such as spontaneous Breathing Trial (SBT), are used to assess the patient’s ability to breathe while receiving minimal or no ventilator support and Auto TRAK, which improves patient experience, contribute to higher revenue of the segment.

The market players adopted various strategies, such as product launches, collaborations, and acquisitions, to increase market share. For instance, in December 2020, CorVent Medical entered an arrangement with Siemens Healthineers for the United States distribution of the RESPOND-19 Ventilator to their network of healthcare systems, hospitals, and government customers. The RESPOND-19 Ventilator accompanies Siemens Healthineers’ contribution of cutting-edge technology by enhancing reliable, critical care respiratory care that increases ventilation capacity in surges in patient capacities, such as throughout a flu season or pandemic.

Portable ventilators are widely used in hospitals owing to their convenience, faster, and continuous care to patients even before their arrival in the hospital premises. Thus, the rising number of hospitals is also expected to fuel the segment growth, as they increase the demand for products due to their efficiency and variety of applications. Thus, the factors mentioned above are expected to drive market growth over the forecast period.

North America Dominates the Market and is Expected to do the Same over the Forecast Period

Some of the factors which are driving the market growth include increased prevalence of chronic obstructive pulmonary disease (COPD) and respiratory disorders, well-established healthcare infrastructure, and presence of key market players in the region.

As per the Society of Critical Care Medicine, the stock of hospital ventilators in the United States was around 160,000 units in the first quarter of 2020. Moreover, over 6.09 million active COVID-19 cases as of August 2020, and an estimated 960,000 Americans needed mechanical helped to breathe during the pandemic as per the American Association for Respiratory Care. Mechanical ventilators thus experienced a sudden spike in the demand in 2020 in the United States which is expected to boost the market growth.

According to a report by the Centers for Disease Control and Prevention (CDC), in March 2020, there were around 53% ICU admissions out of total hospitalizations due to COVID-19 infection.

In addition, according to a research study by Silvio A. Ñamendys-Silva et al., published in Critical Care February 2021, in Mexico, about 15.3% of hospitalized patients required invasive mechanical ventilation (IMV), and 70.8% of patients received invasive mechanical ventilation (IMV) outside the ICU.

As per American Lung Association 2021, Chronic obstructive pulmonary disease (COPD) is the third leading cause of death by disease in the United States. More than 16.4 million people have been diagnosed with chronic obstructive pulmonary disease (COPD). Chronic obstructive pulmonary disease (COPD) causes serious long-term disability and early deaths which demands a higher requirement of ventilators, generating the revenue to the market.

Asthma is a major public health concern in Canada. As a lifelong respiratory illness, asthma affects work productivity, quality of life, mental health, and psychological wellbeing of the Canadian population. In Canada, over 3.8 million individuals had asthma in 2019, as per the 2019 annual asthma survey report. Due to the high incidence of asthma in Canada, the demand of mechanical ventilators is expected to rise in the coming years.

Additionally, increasing intensive care admissions, the rising introduction of ventilation modes such as acute non-invasive ventilation which avoid lung injury are likely to drive the growth of the mechanical ventilator market. Hence, owing to these factors, the region will witness significant market share over the forecast period.

Competitive Landscape

The mechanical ventilation market is moderately competitive. Some of the key players are manufacturing and launching new products, while others are distributing the ventilators, which is fueling the market growth. Some of the market players include Getinge AB, Medtronic PLC, Smiths Medical, Koninklijke Philips NV, and ResMed Inc., among Others.

Additional Benefits:

The market estimate (ME) sheet in Excel format
3 months of analyst support

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Virology Specimen Collection Market by Product, Sample Type, Region-Global Forecast to 2026

  • $ 4950
  • December 2021
  • 78 pages

The global virology specimen collectionmarket is projected to reach USD 5.4billion by 2026 from USD 5.6billion in 2021, at a CAGR of -0.6% during the forecast period. Market growth is driven by factors ...

  • World
  • APAC
  • Healthcare
  • Infectious Disease
  • Industry analysis
  • Health Expenditure
  • HIV AIDS Prevalence


Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on