Malaysia ventilator market is
anticipated to show a robust growth in the upcoming five years, 2023-2027. The
market growth can be attributed to the increasing
instances of respiratory diseases and increasing number of old age population
that is affected majorly by respiratory failures. Moreover, the rising
geriatric population of the country is also one of the major drivers of the
market in the upcoming five years. Also, increasing number of preterm births,
and the rising number of ICU beds are some of the major factors that are
actively supporting the growth of the Malaysia ventilator market in the next
five years.
Chronic obstructive pulmonary disease (COPD) and asthma are a
couple of prevailing respiratory disorders that often require extended and
advance treatments for the patients including their treatment over ventilators.
Research and development is a consistent process and technologically advanced
medical devices are developed by the medical device manufacturers to satisfy
the consumer demand. Advance technology as in microprocessor-controlled
ventilation integrated with the complexity of new ventilator modes are already
supporting the progress in the healthcare facility to provide best healthcare
to the consumers from the country as well as medical tourists that are looking
for affordable healthcare.
The Malaysia ventilator market
segmentation is based on equipment type, product type, mobility, mode, source,
end user, regional distribution, and competitional landscape. Based on
equipment type, the market is further bifurcated into invasive and non-invasive
ventilator. Non-invasive ventilators are expected to register the fastest
growth in the upcoming five years with an impressive CAGR due to the fact of rising number of patients suffering from COVID-19.
The
patients are encountering the respiratory failure due to the viral infection. Moreover, the patients are also suffering from the post op
complications of black fungus and green fungus. That is requiring the
patients for the treatment over ventilators. So, the surge in demand of the
ventilators is spiking high and is supporting the growth of the Malaysia ventilator
market in the next five years.
A partial list of market players in the Malaysia
ventilator market includes, Sanichi Technology Bhd, AT
Systematization Bhd, PNE PCB Bhd (PNE PCB), Philips Malaysia Sdn Bhd, GE
Healthcare Sdn Bhd, Draeger Malaysia Sdn. Bhd., Daya Cergas (M) Sdn. Bhd.
(Fischer & Paykel Healthcare), Star Medik Sdn Bhd, K-One Technology Bhd
(KOT), among others. These market players hold larger shares of the market than
the new market players.
With the advancement of the technology, it is
appropriate to say that the effective research and development of the
technologically advanced medical devices would support the market growth and
benefit the market players as well as the consumers. New market players may
focus on the research and development to provide devices that satisfies the
consumer demand as well as benefits the market players in building their brand
value. Other competitive strategies include mergers & acquisitions and new
product developments.
Objective
of the Study:
- To
analyze the historical growth in the
market size of Malaysia ventilator market from 2017 to 2021.
- To
estimate and forecast the market size of Malaysia ventilator market from 2022
to 2027 and growth rate until 2027.
- To classify and
forecast Malaysia ventilator market based on equipment type, product type,
mobility, mode, source, end user, regional distribution, and competitional
landscape.
- To identify dominant region or segment in the Malaysia ventilator market.
- To
identify drivers and challenges for Malaysia ventilator market.
- To
examine competitive developments such as expansions, new product launches,
mergers & acquisitions, etc., in Malaysia ventilator market.
- To identify and analyze the profile
of leading players operating in Malaysia ventilator market.
- To identify key sustainable strategies adopted by market players in
Malaysia ventilator market.
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TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of manufacturers, suppliers, and service providers across the country.
Subsequently, TechSci Research conducted primary research surveys with the
identified companies. While interviewing, the respondents were also enquired
about their competitors. Through this technique, TechSci Research could include
the manufactures which could not be identified due to the limitations of
secondary research. TechSci Research analyzed the manufactures, distribution
channels and presence of all major players across the country.
TechSci Research calculated the market size of Malaysia ventilator market using a bottom-up approach,
wherein data for various end-user segments was recorded and forecast for the
future years. TechSci Research sourced these values from the industry experts
and company representatives and externally validated through analyzing
historical data of these product types and applications for getting an
appropriate, overall market size. Various secondary sources such as company
websites, news articles, press releases, company annual reports, investor
presentations and financial reports were also studied by TechSci Research.
Key
Target Audience:
- Ventilator manufacturers, end users, and other stakeholders
- Distributers and suppliers of the products and other stakeholders
- Organizations, forums, and alliances related to ventilator
- Market research and consulting firms
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as manufacturers,
suppliers, end users, etc., besides allowing them in strategizing investments
and capitalizing on market opportunities.
|
Attribute
|
Details
|
|
Base
Year
|
2021
|
|
Historical
Years
|
2017 –
2020
|
|
Estimated
Year
|
2022E
|
|
Forecast
Period
|
2023F –
2027F
|
|
Quantitative
Units
|
Revenue in
USD Million and CAGR for 2017-2021 and 2022E-2027F
|
|
Report
Coverage
|
Revenue
forecast, company share, competitive landscape, growth factors, and trends
|
|
Segments
Covered
|
·
Equipment
Type
·
Product
Type
·
Mobility
·
Mode
·
Source
·
End
User
|
|
Region
Scope
|
East, West
|
|
Key
Companies Profiled
|
Sanichi
Technology Bhd, AT Systematization Bhd, PNE PCB Bhd (PNE PCB), Philips
Malaysia Sdn Bhd, GE Healthcare Sdn Bhd, Draeger Malaysia Sdn. Bhd., Daya
Cergas (M) Sdn. Bhd. (Fischer & Paykel Healthcare), Star Medik Sdn Bhd,
K-One Technology Bhd (KOT).
|
|
Customization
Scope
|
10% free
report customization with purchase. Addition or alteration to regional &
segment scope.
|
|
Pricing
and Purchase Options
|
Avail
customized purchase options to meet your exact research needs. Explore purchase options
|
|
Delivery
Format
|
PDF and Excel through Email (We can also
provide the editable version of the report in PPT/Word format on special
request)
|
Report Scope:
In this report, Malaysia ventilator market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- Malaysia Ventilator
Market, By Equipment Type:
- Invasive Ventilation
- Non-Invasive Ventilation
- Malaysia Ventilator Market, By Product
Type:
o Adult/ Pediatric
o Neonatal/ Infant
- Malaysia Ventilator Market, By Mobility:
- Malaysia Ventilator Market, By Mode:
- Volume Mode
- Pressure Mode
- Combined Mode
- Malaysia Ventilator Market, By Source:
- Malaysia Ventilator Market, By End
User:
- Hospitals & Clinics
- Emergency Medical Services
- Homecare
- Others
- Malaysia Ventilator Market, By
Region:
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Malaysia ventilator market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
Malaysia Ventilator Market
is an upcoming report to be released soon. If you wish an early delivery of
this report or want to confirm the date of release, please contact us at [email protected]