Portable Ventilator Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Mode (Pressure Mode Ventilation, Volume Mode Ventilation, Combined Mode Ventilation, and Others), By Age Group (Neonatal and Adult), By Interface (Non-Invasive Ventilation and Invasive Ventilation), By End User (Hospitals & Clinics, Ambulatory Care Centers, and Home Care), By Region and Competition 2018-2028

  • Industry : Healthcare
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

 

Forecast Period

2024-2028

Market Size (2022)

USD 827.56 Million

CAGR (2023-2028)

5.58%

Fastest Growing Segment

Non-Invasive Ventilation

Largest Market

North America

 

Market Overview

Global Portable Ventilator Market has valued at USD 827.56 million in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 5.58% through 2028. A portable medical ventilator is a vital equipment utilized for supplying oxygen to patients with minimal care requirements. It comprises of a flexible or specialized breathing circuit, a heated humidifier or heat and moisture exchanger (HME), a control system, a monitor, alarms, and sensors. It operates by delivering gas to the lungs at normal tidal volumes and breathing rates through an endotracheal tube, cannula, or mask, utilizing positive pressure. These ventilators are also employed for providing various modes of ventilation, such as combined-, pressure-, and volume-mode ventilation, as well as assist-control, synchronized intermittent mandatory, airway pressure release, and pressure support ventilation. Consequently, portable ventilators are extensively employed for long-term respiratory care in homes, hospitals, and ambulatory care centers.

Key Market Drivers

Increasing Prevalence of Chronic Respiratory Diseases

The rising incidence of chronic respiratory diseases worldwide is a significant driver for market growth. Portable ventilators are extensively employed in intensive care units and hospital wards to provide respiratory support for patients with conditions such as asthma, pneumonia, emphysema, and lung cancer. Chronic respiratory diseases, such as chronic obstructive pulmonary disease (COPD), asthma, and interstitial lung disease, often lead to compromised lung function. As the prevalence of these conditions rises, more individuals may require respiratory support to manage their breathing difficulties. Chronic respiratory diseases can have acute exacerbations or flare-ups that significantly worsen breathing problems. Portable ventilators can assist in managing these exacerbations, providing immediate relief and reducing the need for hospitalization. Portable ventilators empower patients to take control of their health by actively participating in their respiratory care. Patients can adjust settings and monitor their condition, leading to better treatment adherence.

Rising Geriatric Population

As the global population ages, the prevalence of chronic diseases, including respiratory conditions, is expected to rise. Portable ventilators are crucial for providing respiratory support to elderly individuals with chronic respiratory diseases. Geriatric individuals are more likely to suffer from chronic respiratory conditions such as chronic obstructive pulmonary disease (COPD), congestive heart failure, and pneumonia. These conditions can lead to respiratory failure and the need for ventilatory support. Older adults are more susceptible to respiratory infections, including viral outbreaks like influenza. When these infections become severe, they can lead to acute respiratory distress, necessitating ventilatory assistance. Aging is associated with reduced physiological reserve, making older adults more vulnerable to sudden health deteriorations. Portable ventilators can help stabilize their condition during acute respiratory episodes. Geriatric patients with advanced stages of chronic illnesses or nearing end-of-life care may benefit from palliative care at home. Portable ventilators can provide comfort and symptom relief during this stage.

Technological Advancement

Technological advancements, including the emergence of non-invasive and microprocessor-controlled portable ventilators, contribute significantly to the growth of the industry. These variants prioritize patient comfort and offer compact, durable, and energy-efficient solutions. Non-invasive ventilation methods, such as BiPAP (bilevel positive airway pressure) and CPAP (continuous positive airway pressure), offer a more comfortable experience compared to invasive ventilation methods. This increased comfort can lead to better patient compliance, as individuals are more likely to tolerate and continue using the devices. Non-invasive ventilation reduces the risks of complications associated with invasive methods, such as infections and damage to the airway. This makes non-invasive ventilators particularly attractive for patients who can maintain adequate oxygenation and ventilation without the need for intubation. Microprocessor-controlled ventilators often come equipped with advanced monitoring capabilities and connectivity features. They can collect and transmit data to healthcare providers, enabling remote monitoring and timely adjustments to treatment plans.

Increased Healthcare Spending

Higher healthcare spending often leads to improved access to medical services, including respiratory care. This increased access can result in more individuals seeking diagnosis and treatment for respiratory conditions, subsequently driving up the demand for portable ventilators. With more resources allocated to healthcare, individuals are more likely to receive timely and accurate diagnoses of respiratory conditions. Early intervention and treatment can lead to better outcomes and an increased need for respiratory support devices like portable ventilators. Increased healthcare spending can support the adoption of advanced medical technologies, including portable ventilators. Healthcare facilities with higher budgets are more likely to invest in state-of-the-art equipment to enhance patient care. Overall, increased healthcare spending contributes to an environment where portable ventilators are more widely recognized, accessible, and integrated into healthcare systems. As respiratory care becomes a higher priority, the demand for portable ventilators is likely to experience growth.


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Key Market Challenges

Large Population of Undiagnosed & Undertreated Patients

Lack of awareness about portable ventilators and their benefits can lead to delayed diagnosis and treatment for individuals with respiratory conditions. This delay may result in worsened symptoms and poorer outcomes. Portable ventilators can provide early intervention for individuals with respiratory distress, preventing the progression of their conditions to more severe stages. Lack of awareness may mean missed opportunities for timely treatment. Undiagnosed and undertreated patients may seek care in healthcare facilities only when their conditions worsen, leading to increased strain on hospitals and clinics. Late diagnosis and inappropriate treatment can result in higher healthcare costs due to increased hospitalizations, emergency room visits, and the need for more intensive interventions.

High Cost Associated with Portable Medical Ventilators

Portable ventilators often incorporate advanced technologies, such as microprocessor control, advanced monitoring capabilities, and connectivity features. These technologies contribute to higher manufacturing costs. Designing portable ventilators that are compact, lightweight, and suitable for home use requires specialized engineering and materials, which can increase production costs. Ensuring the safety, reliability, and compliance of medical devices with regulatory standards involves rigorous testing and quality control measures, which can add to manufacturing expenses. Obtaining regulatory approvals from health authorities such as the FDA (U.S. Food and Drug Administration) involves extensive testing and documentation, which can be time-consuming and costly.

Key Market Trends

Potential in Emerging Economies due to Improved Healthcare Infrastructure

Rapid urbanization in emerging economies often leads to air pollution and poorer air quality. This can contribute to the development or exacerbation of respiratory conditions, further increasing the need for respiratory support solutions. Governments in emerging economies may invest in healthcare infrastructure development and prioritize respiratory care. This could include subsidizing the cost of portable ventilators to make them more accessible to a wider population. Economic growth in emerging economies can lead to increased disposable income. This, in turn, can enable more individuals to afford portable ventilators for better respiratory management. As healthcare systems in emerging economies advance, the demand for portable ventilators is likely to rise due to the various factors mentioned above. Addressing respiratory conditions and ensuring access to effective respiratory support will become a crucial component of these evolving healthcare systems.

Increasing Demand for Home Healthcare Settings

The preference for home-based care is increasing due to its benefits in terms of patient comfort, reduced hospitalization rates, and overall cost-effectiveness. Portable ventilators allow individuals with chronic respiratory diseases to receive necessary support while staying at home. Home healthcare settings aim to reduce the burden on hospitals and healthcare facilities. Portable ventilators enable patients to avoid frequent hospitalizations and emergency room visits, freeing up resources for critical cases. Providing care in a home setting can be more cost-effective compared to inpatient care. Portable ventilators facilitate home-based respiratory support, reducing the overall healthcare costs for both patients and healthcare systems. Patients with terminal or advanced-stage illnesses may choose palliative care at home. Portable ventilators can help manage symptoms and improve comfort during end-of-life care. Non-invasive portable ventilators enable patients to receive respiratory support at home, reducing the need for hospitalization. This aligns with the growing trend of shifting healthcare services from hospital settings to home-based care, especially for chronic conditions. As healthcare systems increasingly emphasize patient-centered care, home healthcare settings become a practical and preferred option for many patients. Portable ventilators play a critical role in enabling high-quality medical care and respiratory support in these settings, addressing both the medical needs and the preferences of patients.

Segmental Insights

Age Group Insights

Based on the age group, these portable machines are specifically designed to cater to two primary patient groups: neonates and adult patients. Considering the higher prevalence of geriatric patients and the impact of COVID-19, adult ventilators are expected to hold a larger market share compared to neonatal ventilators. The adult population is significantly larger than the neonatal or pediatric population. As a result, there is a greater demand and market for portable ventilators designed to cater to the needs of adults. Chronic respiratory conditions, such as chronic obstructive pulmonary disease (COPD), asthma, and interstitial lung disease, are more common in adults. Portable ventilators play a vital role in managing these conditions, allowing individuals to maintain a higher quality of life. Portable ventilators allow adults to maintain their independence and continue with their daily activities. Adults have more complex lifestyles and responsibilities, and portable ventilators enable them to stay engaged in work, family, and social activities.

End User Insights

Based on the end-user segment, the home healthcare segment is expected to experience rapid growth due to its specialized products designed for patients receiving treatment at home. Additionally, ambulatory care centres are projected to be the second fastest-growing segment, reflecting the growing significance of point-of-care medical services for patients. Home health care with portable ventilators can help reduce the need for prolonged hospital stays. Patients can receive appropriate respiratory support at home, which may lead to shorter hospitalizations and lower healthcare costs. Modern healthcare is increasingly focused on preventive care and the management of chronic diseases. Portable ventilators enable patients to manage respiratory conditions in a proactive manner, reducing the risk of acute exacerbations and hospital admissions. Portable ventilators have become more technologically advanced, with features such as remote monitoring, data collection, and connectivity. These features facilitate effective remote management and monitoring, aligning with the trend toward telehealth and telemedicine.


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Regional Insights

North America is expected to dominate the market due to rising awareness of portable and non-invasive ventilators. Furthermore, government support and healthcare infrastructure expenditure will contribute to its continued leadership. The region has a significant prevalence of chronic respiratory diseases such as chronic obstructive pulmonary disease (COPD), asthma, and other lung-related conditions. These diseases drive the demand for respiratory support devices like portable ventilators. North America is a hub for medical research and technological innovation. Many portable ventilator manufacturers and healthcare technology companies are based in the region, leading to the development of advanced and user-friendly devices. North America has relatively high healthcare spending, which can support investments in medical equipment, including portable ventilators, to meet the needs of patients with respiratory conditions. Many individuals in North America have health insurance coverage that may include reimbursement for portable ventilators. This financial support can make these devices more accessible to a broader range of patients. The demand for portable ventilators in North America is driven by a combination of healthcare infrastructure, disease prevalence, technological advancements, demographic trends, regulatory factors, and a growing emphasis on home-based care. These factors contribute to North America's significant need for portable ventilators to address the respiratory care requirements of its population.

Meanwhile, the Asia-Pacific region is projected to experience significant growth, driven by increasing cases of COVID-19, a rise in sleep apnea therapies, and an uptick in anesthesia administration.

Recent Developments

  • In August 2020, SpiceJet company introduced portable and non-invasive ventilators to address patients with mild-to-moderate breathing issues and COVID-19 complications.
  • In March 2020, Medtronic released design specifications for its portable ventilator, the Puritan Bennett 560, enabling healthcare industry participants to develop and assess non-invasive ventilator options to alleviate the burden of the outbreak.
  • In June 2020, Medtronic plc and Foxconn Industrial Internet, a subsidiary of Foxconn Technology Group, announced that Foxconn had fulfilled Medtronic's regulatory and quality requirements to commence the production of Medtronic Puritan Bennett 560 (PB560) ventilators for sale in the U.S.
  • In April 2020, Royal Philips collaborated with the U.S. Government to enhance the production of hospital ventilators at its manufacturing facilities in the U.S.

Key Market Players

  • Abbott Laboratories
  • Atico Medical Pvt. Ltd.
  • Avasarala Technologies
  • Becton, Dickinson and Company
  • Beijing Aeonmed Co., Ltd.
  • Drgerwerk AG & Co.
  • GE Healthcare
  • Getinge AB
  • Hamilton Medical AG
  • Koninklijke Philips N.V.

 By Mode

By Age Group

By Interface

By End User

By Region
  • Pressure Mode Ventilation
  • Volume Mode Ventilation
  • Combined Mode Ventilation
  • Others

 
  • Neonatal
  • Adult

 
  • Non-Invasive Ventilation
  • Invasive Ventilation
  • Hospitals & Clinics
  • Ambulatory Care Centers
  • Home Care
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa
Report Scope:

In this report, the Global Portable Ventilator Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Portable Ventilator Market, By Mode:

o   Pressure Mode Ventilation

o   Volume Mode Ventilation

o   Combined Mode Ventilation

o   Others

  • Portable Ventilator Market, By Age Group:

o   Neonatal

o   Adult

  • Portable Ventilator Market, By Interface:

o   Non-invasive Ventilation

o   Invasive Ventilation

  • Portable Ventilator Market, By End User:

o   Hospitals & Clinics

o   Ambulatory Care Centres

o   Home Care

  • Portable Ventilator Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Kuwait

§  Turkey

§  Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Portable Ventilator Market.

Available Customizations:

Global Portable Ventilator market report 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).

Global Portable 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]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Portable Ventilator Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Mode (Pressure Mode Ventilation, Volume Mode Ventilation, Combined Mode Ventilation, and Others)

5.2.2.    By Age Group (Neonatal and Adult)

5.2.3.    By Interface (Non-Invasive Ventilation and Invasive Ventilation)

5.2.4.    By End User (Hospitals & Clinics, Ambulatory Care Centres, and Home Care)

5.2.5.    By Region

5.2.6.    By Company (2022)

5.3.  Market Map

6.    North America Portable Ventilator Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Mode

6.2.2.    By Age Group

6.2.3.    By Interface

6.2.4.    By End User

6.2.5.    By Country

6.3.  North America: Country Analysis

6.3.1.    United States Portable Ventilator Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Mode

6.3.1.2.2.           By Age Group

6.3.1.2.3.           By Interface

6.3.1.2.4.           By End User

6.3.2.    Canada Portable Ventilator Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Mode

6.3.2.2.2.           By Age Group

6.3.2.2.3.           By Interface

6.3.2.2.4.           By End User

6.3.3.    Mexico Portable Ventilator Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Mode

6.3.3.2.2.           By Age Group

6.3.3.2.3.           By Interface

6.3.3.2.4.           By End User

7.    Europe Portable Ventilator Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Mode

7.2.2.    By Age Group

7.2.3.    By Interface

7.2.4.    By End User

7.3.  Europe: Country Analysis

7.3.1.    Germany Portable Ventilator Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Mode

7.3.1.2.2.           By Age Group

7.3.1.2.3.           By Interface

7.3.1.2.4.           By End User

7.3.2.    United Kingdom Portable Ventilator Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Mode

7.3.2.2.2.           By Age Group

7.3.2.2.3.           By Interface

7.3.2.2.4.           By End User

7.3.3.    Italy Portable Ventilator Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecasty

7.3.3.2.1.           By Mode

7.3.3.2.2.           By Age Group

7.3.3.2.3.           By Interface

7.3.3.2.4.           By End User

7.3.4.    France Portable Ventilator Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Mode

7.3.4.2.2.           By Age Group

7.3.4.2.3.           By Interface

7.3.4.2.4.           By End User

7.3.5.    Spain Portable Ventilator Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Mode

7.3.5.2.2.           By Age Group

7.3.5.2.3.           By Interface

7.3.5.2.4.           By End User

8.    Asia-Pacific Portable Ventilator Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Mode

8.2.2.    By Age Group

8.2.3.    By Interface

8.2.4.    By End User

8.3.  Asia-Pacific: Country Analysis

8.3.1.    China Portable Ventilator Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Mode

8.3.1.2.2.           By Age Group

8.3.1.2.3.           By Interface

8.3.1.2.4.           By End User

8.3.2.    India Portable Ventilator Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Mode

8.3.2.2.2.           By Age Group

8.3.2.2.3.           By Interface

8.3.2.2.4.           By End User

8.3.3.    Japan Portable Ventilator Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Mode

8.3.3.2.2.           By Age Group

8.3.3.2.3.           By Interface

8.3.3.2.4.           By End User

8.3.4.    South Korea Portable Ventilator Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Mode

8.3.4.2.2.           By Age Group

8.3.4.2.3.           By Interface

8.3.4.2.4.           By End User

8.3.5.    Australia Portable Ventilator Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Mode

8.3.5.2.2.           By Age Group

8.3.5.2.3.           By Interface

8.3.5.2.4.           By End User

9.    South America Portable Ventilator Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Mode

9.2.2.    By Age Group

9.2.3.    By Interface

9.2.4.    By End User

9.3.  South America: Country Analysis

9.3.1.    Brazil Portable Ventilator Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Mode

9.3.1.2.2.           By Age Group

9.3.1.2.3.           By Interface

9.3.1.2.4.           By End User

9.3.2.    Argentina Portable Ventilator Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Mode

9.3.2.2.2.           By Age Group

9.3.2.2.3.           By Interface

9.3.2.2.4.           By End User

9.3.3.    Colombia Portable Ventilator Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Mode

9.3.3.2.2.           By Age Group

9.3.3.2.3.           By Interface

9.3.3.2.4.           By End User

10. Middle East and Africa Portable Ventilator Market Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Mode

10.2.2. By Age Group

10.2.3. By Interface

10.2.4. By End User

10.3.             MEA: Country Analysis

10.3.1. South Africa Portable Ventilator Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Mode

10.3.1.2.2.         By Age Group

10.3.1.2.3.         By Interface

10.3.1.2.4.         By End User

10.3.2. Saudi Arabia Portable Ventilator Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Mode

10.3.2.2.2.         By Age Group

10.3.2.2.3.         By Interface

10.3.2.2.4.         By End User

10.3.3. UAE Portable Ventilator Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Mode

10.3.3.2.2.         By Age Group

10.3.3.2.3.         By Interface

10.3.3.2.4.         By End User

11. Market Dynamics

12. Market Trends & Developments

13. Global Portable Ventilator Market: SWOT Analysis

14. Competitive Landscape

14.1.             Business Overview

14.2.             Services Offerings

14.3.             Recent Developments

14.4.             Key Personnel

14.5.             SWOT Analysis

14.5.1. Abbott Laboratories

14.5.2. Atico Medical Pvt. Ltd.

14.5.3. Avasarala Technologies

14.5.4. Becton, Dickinson and Company

14.5.5. Beijing Aeonmed Co., Ltd.

14.5.6. Drgerwerk AG & Co.

14.5.7. GE Healthcare

14.5.8. Getinge AB

14.5.9. Hamilton Medical AG

14.5.10.              Koninklijke Philips N.V.

15. Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Portable Ventilator Market was estimated to be USD 827.56 million in 2022.

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Based on interface, non-invasive ventilators dominate the market as non-invasive ventilators are often more in demand than invasive ventilators due to their numerous advantages, which include patient comfort, reduced risk of complications, ease of use, and potential cost savings. Non-invasive masks can be quickly applied and removed, making them more convenient for patients and healthcare providers. This ease of use can lead to faster initiation of treatment and less discomfort for patients. Non-invasive ventilation can facilitate earlier extubation (removal of the breathing tube) and help avoid prolonged intubation, leading to shorter hospital stays and improved recovery times.

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North America is expected to dominate the global portable ventilator industry in the forecast period, attributed to the advancements in the medical sector. Moreover, substantial research and development efforts have resulted in the introduction of innovative products with enhanced features, which are likely to drive market expansion. The early adoption of advanced medical technologies, increased healthcare expenditure, and the presence of key players are expected to offer lucrative opportunities in the North American market. In the Asia Pacific region, the portable ventilators market is propelled by an increase in disposable income and healthcare spending. The region also presents significant opportunities due to product innovations and the surge in respiratory disease cases.

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Growing incidences of respiratory failure and surging prevalence of chronic obstructive pulmonary disease are the major drivers for the Global Portable Ventilator Market.

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Sakshi Bajaal

Business Consultant
Press Release

Portable Ventilator Market to Grow with a CAGR of 5.58% through 2028

Nov, 2023

Increasing prevalence of chronic respiratory diseases and increasing demand for home healthcare settings is expected to drive the Global Portable Ventilator Market growth in the forecast period, 2024

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