Global Ventilators Market Research Report 2020 Summary Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt and will significantly affect the Ventilators market in 2020. COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future. This report also analyses the impact of Coronavirus COVID-19 on the Ventilators industry. Ventilator is an important means to treat respiratory failure and an important strategic reserve to fight against the new crown epidemic. Ventilator is an important means to treat patients with respiratory failure. Ventilator is used for mechanical ventilation to help patients breathe normally. When the patient's respiratory function is abnormal, the ventilator can imitate the human's respiratory rate to send oxygen-containing gases (21% - 100%) into the lungs, and regularly carry out gas exchange to help the patient improve the state of hypoxia and carbon dioxide retention. The medical ventilator is a class III medical device, and the conventional household ventilator is a class II medical device. The invasive ventilator is mainly used to treat the unconscious patients with severe respiratory failure. The non-invasive ventilator is aimed at the high-risk patients with respiratory failure. The high technical barrier of key chips determines the clinical application effect of ventilator. Ventilator is an important strategic material to fight the epidemic. Most of the patients with new pneumonia have lower respiratory tract infection symptoms such as dyspnea, among which the proportion of severe and critical patients are about 13% and 6% respectively. In the absence of specific drugs, patients with dyspnea need to be given timely ventilator treatment to alleviate the course of disease into severe and critical diseases. Ventilator has become an important strategic material, but the current reserves of countries are insufficient. The European Commission has decided to set up a strategic "save Europe" medical equipment reserve, including respirators and respirators. The U.S. has launched the national newspaper and defense production act, approving Ford, general motors, Tesla and other auto companies to manufacture respirators. Based on our recent survey, we have several different scenarios about the Ventilators YoY growth rate for 2020. The probable scenario is expected to grow by a 150.1% in 2020 and the revenue will be US$ 11.70 billion in 2020 from US$ 4.68 billion in 2019. The market size of Ventilators will reach US$ 5.20 billion in 2026, with a CAGR of -12.64% from 2020 to 2026. [url=]Figure 1. Global Ventilators Market Size (Value), (US$ Billion), 2015 VS 2020 VS 2026[/url] Source: Secondary Sources, Expert Interviews and QYResearch, 2020 Figure 2. Global Ventilators Revenue 2015-2026 (US$ Billion) Source: Secondary Sources, Expert Interviews and QYResearch, 2020 Figure 3. China Ventilators Revenue 2015-2026 (US$ Billion) Source: Secondary Sources, Expert Interviews and QYResearch, 2020 Figure 4. Ventilators Market Share of Production Comparison: China Vs Global Others (K Unit) Source: Secondary Sources, Expert Interviews and QYResearch, 2020 The total production of Ventilators will be estimated to 202.8 K Units in China in 2020, compared with 14.7 K Units in 2019. The production is expected to grow by 1279.6% in 2020. With the control of the epidemic situation, the demand for Ventilators will decline, and the excess mask production capacity will face greater adjustment. The overall production will fall back in 2021. And the production of Ventilators will be 48.8 K Units in China, with a CAGR of -21.13% from 2020 to 2026. Figure 5. Global Demand on Ventilators in Estimation (K Unit) Source: Secondary Sources, Expert Interviews and QYResearch, 2020 Table 1. Global Demand on Ventilators in Estimation (K Unit) 8 g# L( [3 t2 rrs238848.rs.hosteurope.deDemand on Ventilators (K Unit) Total Cases Urgent Demand Ultimate Demand 人在德国 社区* X. w9 N2 y; o' W1 p- @8 T$ k
US 245 42 960 rs238848.rs.hosteurope.de4 [/ @4 T8 w- z* t# b
Germany 79 13 39
* P( m# N Y. j# T, QUK 34 6 20
+ q; M' y& J6 t1 TSpain 110 19 61 0 q7 F' F, x3 |( t% K
France 59 10 50
& O3 j+ {; ~' \: v6 g/ Hrs238848.rs.hosteurope.deItaly 115 12 30 - r5 q( ]& L7 c% R& r" K
China 82 14 26
$ c5 o% n5 r) ~% b; s3 R; {Global Other 284 48 95
+ V* g: ~/ \% V1 m+ w% _rs238848.rs.hosteurope.deGlobal Total 1008 171 1281
" P0 g* o" q- Q8 nInfection Data of COVID-19 as of Apr.3th
- d# u* B8 l) [, C F人在德国 社区Source: Secondary Sources, Expert Interviews and QYResearch, 2020 There is a shortage of ventilators in overseas markets, and urgent orders are difficult to meet clinical needs. The epidemic in Europe is outbreak and medical resources are seriously in short supply. The European Commission disclosed on March 25 that the supply chain of ventilator throughout Europe can only meet 10% of the demand. Italy and Spain have made decisions to no longer provide ventilators for patients over 60 years of age and elderly patients over 65 years of age. In addition, with the pandemic, the American Academy of Critical Medicine estimates that approximately 960,000 patients will need to be equipped with ventilators. The total demand gap may reach about 1281 K Units, and it is urgent to expand the existing domestic production capacity or import to resolve. Among all the countries, U.S., Italy and Spain have particularly acute demand gaps. A ventilator is a machine that provides mechanical ventilation by moving breathable air into and out of the lungs, to deliver breaths to a patient who is physically unable to breathe, or breathing insufficiently. Modern ventilators are computerized microprocessor controlled machines, but patients can also be ventilated with a simple, hand-operated bag valve mask. Ventilators are chiefly used in intensive care medicine, home care, and emergency medicine (as standalone units) and in anesthesiology (as a component of an anesthesia machine). The Ventilators can mainly be divided into two categories: Non-invasive Ventilator and Invasive Ventilator. Accordingly, the global market size of Non-invasive Ventilator and Invasive Ventilator will reach US $ xx billion and US $ xx billion in 2020, respectively, which are increased compared to 2019 xx% and xx%. Non-invasive Ventilator takes a big amount of market with xx%. Figure 6. Global Ventilators Market Structure by Type in 2015 & 2020 Source: Secondary Sources, Expert Interviews and QYResearch, 2020 4 e' N" }- ^6 B" b6 ?7 E
Non-invasive Ventilator Non-invasive ventilator mainly refers to the equipment for ventilator treatment through nose mask or face mask. Because there is no need to intubation or tracheotomy for patients, it is easy to operate and accepted by patients, and there are few complications such as airway injury and ventilator-related pneumonia. It is not only widely used in the treatment of inpatients with acute or chronic respiratory failure, but also more and more family applications for outpatients with relatively stable conditions.
- D& ^* y' U ?. I; f% m8 v; OInvasive Ventilator Invasive ventilator is a kind of ventilator, which is also called multi-functional ventilator. It is used to support the respiration of human body or other animals when the spontaneous respiration cannot meet the normal physiological needs. It is applicable to all kinds of medical institutions; respiratory support for cardiopulmonary cerebral resuscitation; acute respiratory insufficiency or oxygenation dysfunction caused by various reasons; intraoperative and postoperative respiratory support; other patients who need ventilator treatment.
4 @2 m# [: A) v$ O2 @
Application From the perspective of application, Ventilators can be divided into three main categories: Home Use and Medical Use. Accordingly, the global market size of Home Use and Medical Use will reach US $ xx billion and US $ xx billion in 2020, respectively, which are increased compared to 2019 xx% and xx%. Home Use takes a big amount of market with xx%. Figure 7. Global Ventilators Market Structure by Application in 2015 & 2020
/ ~8 g, V& O( Y9 u' c/ o0 A5 }4 hrs238848.rs.hosteurope.deSource: Secondary Sources, Expert Interviews and QYResearch, 2020 Medical Use COVID-19 broke out worldwide in an all-round way, and the demand for medical ventilator was released rapidly. COVID-19 was diagnosed in 638928 cases (except China) as of 10 March 30th, and 30672 cases died. The demand for medical equipment around ICU will continue to increase with the increase of the number of severe and critical patients, and it is in urgent need of import reserves. It is estimated that at least 1.3 million new ICU beds are urgently needed overseas, and life monitoring and respiratory support products are flexible. Among them, the reserve demand for non-invasive ventilator and invasive ventilator is about 629000 and 205000 respectively, which need to be imported in overseas market. Figure 8. Global Ventilators Revenue in Medical Use 2015-2026 (US$ Billion) Source: Secondary Sources, Expert Interviews and QYResearch, 2020 ( j8 @4 \3 Y1 P7 |
Major manufacturers Table 2. Major manufacturers and products analysis 人在德国 社区0 t' z# q( b& ?/ q& ^
Company Product Type - d6 ]2 f5 {" V! B2 E0 B
ResMed Non-invasive Ventilator, Invasive Ventilator
3 }& u. ~' d" `" l8 Q- u+ i, tPhilips Healthcare Non-invasive Ventilator, Invasive Ventilator 0 v" L' h! a; x# ?! V! `
Vyaire Medical Non-invasive Ventilator, Invasive Ventilator # }/ r1 ~3 ]* q7 a7 j# s
Medtronic Non-invasive Ventilator, Invasive Ventilator
; q; \$ t' m4 `/ B( @+ LGE Healthcare Non-invasive Ventilator, Invasive Ventilator
0 {3 K4 |: @+ u7 d" prs238848.rs.hosteurope.deDraeger Non-invasive Ventilator, Invasive Ventilator 5 ~( C- ?0 L0 s2 B d: l
Fisher & Paykel Healthcare Non-invasive Ventilator, Invasive Ventilator
& z; }: c4 q6 x2 A, r& \人在德国 社区Teijin Pharma Non-invasive Ventilator, Invasive Ventilator
% n8 V- K/ S ^) Q+ E4 lrs238848.rs.hosteurope.deWEINMANN Non-invasive Ventilator, Invasive Ventilator
r, y8 B' P' [' r4 nBreas Medical Non-invasive Ventilator, Invasive Ventilator
# f. V1 {* S6 I. qDrive DeVilbiss Healthcare Non-invasive Ventilator
% l, f$ k* Z$ O7 f4 D" ?7 ^eVent Medical Non-invasive Ventilator
7 ~# L. X1 o1 B9 V* ~Hamilton Medical Non-invasive Ventilator, Invasive Ventilator
. m) T% I- `5 Y, W# \& L+ B% oGetinge Non-invasive Ventilator, Invasive Ventilator
- ?& H# Y& r" S/ h& N4 R0 \rs238848.rs.hosteurope.deSiare Non-invasive Ventilator, Invasive Ventilator ( {% B: m$ ?0 z, w/ A' @
Airon Corporation Non-invasive Ventilator, Invasive Ventilator
+ B. v$ h: v# |1 A! o, i: E/ P人在德国 社区ARI Medical Non-invasive Ventilator 8 t5 u8 `) Y s3 n/ T ?- [; w0 `
Dima Italia Non-invasive Ventilator, Invasive Ventilator
$ \) [3 A9 {/ N/ grs238848.rs.hosteurope.deSternMed Non-invasive Ventilator, Invasive Ventilator
9 l; ]7 M$ g, C5 I4 Jrs238848.rs.hosteurope.deDesco India Non-invasive Ventilator
, I9 {! n& k& o! {Source: Secondary Sources, Expert Interviews and QYResearch, 2020 Table 3. Major manufacturers in China and products analysis - k {0 \% m) F
Company Product Type
$ a1 T8 J2 ?& e$ MYuwell Non-invasive Ventilator
2 j& D* l6 L: ~) M8 YAeonmed Non-invasive Ventilator, Invasive Ventilator
/ W: `! B( q! h5 B' jMicomme Non-invasive Ventilator
9 L# `3 l) i4 k" |) G' x0 WMindray Non-invasive Ventilator, Invasive Ventilator
) S; |3 v! S& n. |( w4 P人在德国 社区BMC Medical Non-invasive Ventilator
. a: ^; N6 V( a% l' vComen Invasive Ventilator
+ S% J4 k6 d: w' X5 I L ZSource: Secondary Sources, Expert Interviews and QYResearch, 2020 Global Ventilators Market: Drivers and Restrains The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026. A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better. for more information please go https://www.qyresearch.com/index ... -ventilators-market and you can go https://www.qyresearch.comto know more and more if you need any help you can contact qifeifei@qyresearch.com / telephone number :18910840196 00861082945717 QY Research support best market reports for you. |