The global market for Ventilator was estimated to be worth US$ 1121 million in 2024 and is forecast to a readjusted size of US$ 1469 million by 2031 with a CAGR of 4.1% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Ventilator cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
A ventilator is a form of artificial respiratory assistance machinery that is designed for providing ventilation to patients that are struggling with breathing. The task of assisting individuals with their breathing is highly delicate. For this, utmost reliability and safety of the equipment is critical.
The global ventilator market is experiencing significant growth, driven by several key factors. The increasing prevalence of respiratory diseases, such as chronic obstructive pulmonary disease (COPD), asthma, and pneumonia, has heightened the demand for ventilators. Additionally, the aging population, particularly in developed regions, contributes to market expansion, as elderly individuals are more susceptible to respiratory conditions requiring mechanical ventilation. The COVID-19 pandemic further accelerated demand, exposing gaps in healthcare infrastructure and prompting governments and hospitals to stockpile ventilators for future emergencies. Technological advancements, including portable and smart ventilators with AI-driven monitoring, are enhancing patient care and driving adoption. Moreover, rising healthcare expenditure, government initiatives to improve critical care facilities, and increasing awareness of advanced respiratory therapies are fueling market growth. Emerging economies are investing heavily in healthcare infrastructure, creating new opportunities for ventilator manufacturers. The shift toward home healthcare is also boosting demand for compact and user-friendly ventilators, enabling patients to receive long-term respiratory support outside traditional hospital settings.
Despite strong growth prospects, the ventilator market faces several challenges. High costs associated with advanced ventilators limit accessibility, particularly in low- and middle-income countries where healthcare budgets are constrained. Additionally, the complexity of ventilator operation requires specialized training for healthcare professionals, creating a barrier to widespread adoption in under-resourced regions. Supply chain disruptions, as witnessed during the COVID-19 pandemic, can lead to shortages of critical components, delaying production and distribution. Regulatory hurdles and stringent approval processes for new ventilator models also slow down market entry, increasing time-to-market for manufacturers. Furthermore, the risk of ventilator-associated complications, such as lung injury and infections, raises concerns among healthcare providers, necessitating continuous innovation to improve safety and efficacy. Competition among market players is intensifying, pressuring companies to invest heavily in R&D while maintaining affordability. Lastly, the post-pandemic decline in emergency demand has led to excess inventory in some regions, forcing manufacturers to adjust production strategies. Balancing cost, innovation, and accessibility remains a critical challenge for stakeholders in the medical ventilator industry.
This report aims to provide a comprehensive presentation of the global market for Ventilator, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Ventilator by region & country, by Type, and by Application.
The Ventilator market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ventilator.
Market Segmentation
By Company
- Draeger
- Mindray
- Getinge
- Medtronic
- Philips Healthcare
- Hamilton Medical
- Vyaire Medical
- GE Healthcare
- Aeonmed
- Comen
- Inspiration Healthcare
- WEINMANN
- Lowenstein Medical Technology
- Air Liquide Medical Systems
- EVent Medical
- Siare
- Heyer Medical
Segment by Type
- Non-invasive Ventilator
- Invasive Ventilator
Segment by Application
- Critical Care
- Transport & Portable
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Ventilator manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Ventilator in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Ventilator in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Ventilator Product Introduction
- 1.2 Global Ventilator Market Size Forecast
- 1.2.1 Global Ventilator Sales Value (2020-2031)
- 1.2.2 Global Ventilator Sales Volume (2020-2031)
- 1.2.3 Global Ventilator Sales Price (2020-2031)
- 1.3 Ventilator Market Trends & Drivers
- 1.3.1 Ventilator Industry Trends
- 1.3.2 Ventilator Market Drivers & Opportunity
- 1.3.3 Ventilator Market Challenges
- 1.3.4 Ventilator Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Ventilator Players Revenue Ranking (2024)
- 2.2 Global Ventilator Revenue by Company (2020-2025)
- 2.3 Global Ventilator Players Sales Volume Ranking (2024)
- 2.4 Global Ventilator Sales Volume by Company Players (2020-2025)
- 2.5 Global Ventilator Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Ventilator Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Ventilator Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Ventilator
- 2.9 Ventilator Market Competitive Analysis
- 2.9.1 Ventilator Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Ventilator Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Ventilator as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Non-invasive Ventilator
- 3.1.2 Invasive Ventilator
- 3.2 Global Ventilator Sales Value by Type
- 3.2.1 Global Ventilator Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Ventilator Sales Value, by Type (2020-2031)
- 3.2.3 Global Ventilator Sales Value, by Type (%) (2020-2031)
- 3.3 Global Ventilator Sales Volume by Type
- 3.3.1 Global Ventilator Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Ventilator Sales Volume, by Type (2020-2031)
- 3.3.3 Global Ventilator Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Ventilator Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Critical Care
- 4.1.2 Transport & Portable
- 4.2 Global Ventilator Sales Value by Application
- 4.2.1 Global Ventilator Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Ventilator Sales Value, by Application (2020-2031)
- 4.2.3 Global Ventilator Sales Value, by Application (%) (2020-2031)
- 4.3 Global Ventilator Sales Volume by Application
- 4.3.1 Global Ventilator Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Ventilator Sales Volume, by Application (2020-2031)
- 4.3.3 Global Ventilator Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Ventilator Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Ventilator Sales Value by Region
- 5.1.1 Global Ventilator Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Ventilator Sales Value by Region (2020-2025)
- 5.1.3 Global Ventilator Sales Value by Region (2026-2031)
- 5.1.4 Global Ventilator Sales Value by Region (%), (2020-2031)
- 5.2 Global Ventilator Sales Volume by Region
- 5.2.1 Global Ventilator Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Ventilator Sales Volume by Region (2020-2025)
- 5.2.3 Global Ventilator Sales Volume by Region (2026-2031)
- 5.2.4 Global Ventilator Sales Volume by Region (%), (2020-2031)
- 5.3 Global Ventilator Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Ventilator Sales Value, 2020-2031
- 5.4.2 North America Ventilator Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Ventilator Sales Value, 2020-2031
- 5.5.2 Europe Ventilator Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Ventilator Sales Value, 2020-2031
- 5.6.2 Asia Pacific Ventilator Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Ventilator Sales Value, 2020-2031
- 5.7.2 South America Ventilator Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Ventilator Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Ventilator Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Ventilator Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Ventilator Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Ventilator Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Ventilator Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Ventilator Sales Value, 2020-2031
- 6.3.2 United States Ventilator Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Ventilator Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Ventilator Sales Value, 2020-2031
- 6.4.2 Europe Ventilator Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Ventilator Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Ventilator Sales Value, 2020-2031
- 6.5.2 China Ventilator Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Ventilator Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Ventilator Sales Value, 2020-2031
- 6.6.2 Japan Ventilator Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Ventilator Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Ventilator Sales Value, 2020-2031
- 6.7.2 South Korea Ventilator Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Ventilator Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Ventilator Sales Value, 2020-2031
- 6.8.2 Southeast Asia Ventilator Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Ventilator Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Ventilator Sales Value, 2020-2031
- 6.9.2 India Ventilator Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Ventilator Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Draeger
- 7.1.1 Draeger Company Information
- 7.1.2 Draeger Introduction and Business Overview
- 7.1.3 Draeger Ventilator Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Draeger Ventilator Product Offerings
- 7.1.5 Draeger Recent Development
- 7.2 Mindray
- 7.2.1 Mindray Company Information
- 7.2.2 Mindray Introduction and Business Overview
- 7.2.3 Mindray Ventilator Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Mindray Ventilator Product Offerings
- 7.2.5 Mindray Recent Development
- 7.3 Getinge
- 7.3.1 Getinge Company Information
- 7.3.2 Getinge Introduction and Business Overview
- 7.3.3 Getinge Ventilator Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Getinge Ventilator Product Offerings
- 7.3.5 Getinge Recent Development
- 7.4 Medtronic
- 7.4.1 Medtronic Company Information
- 7.4.2 Medtronic Introduction and Business Overview
- 7.4.3 Medtronic Ventilator Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Medtronic Ventilator Product Offerings
- 7.4.5 Medtronic Recent Development
- 7.5 Philips Healthcare
- 7.5.1 Philips Healthcare Company Information
- 7.5.2 Philips Healthcare Introduction and Business Overview
- 7.5.3 Philips Healthcare Ventilator Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Philips Healthcare Ventilator Product Offerings
- 7.5.5 Philips Healthcare Recent Development
- 7.6 Hamilton Medical
- 7.6.1 Hamilton Medical Company Information
- 7.6.2 Hamilton Medical Introduction and Business Overview
- 7.6.3 Hamilton Medical Ventilator Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Hamilton Medical Ventilator Product Offerings
- 7.6.5 Hamilton Medical Recent Development
- 7.7 Vyaire Medical
- 7.7.1 Vyaire Medical Company Information
- 7.7.2 Vyaire Medical Introduction and Business Overview
- 7.7.3 Vyaire Medical Ventilator Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Vyaire Medical Ventilator Product Offerings
- 7.7.5 Vyaire Medical Recent Development
- 7.8 GE Healthcare
- 7.8.1 GE Healthcare Company Information
- 7.8.2 GE Healthcare Introduction and Business Overview
- 7.8.3 GE Healthcare Ventilator Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 GE Healthcare Ventilator Product Offerings
- 7.8.5 GE Healthcare Recent Development
- 7.9 Aeonmed
- 7.9.1 Aeonmed Company Information
- 7.9.2 Aeonmed Introduction and Business Overview
- 7.9.3 Aeonmed Ventilator Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Aeonmed Ventilator Product Offerings
- 7.9.5 Aeonmed Recent Development
- 7.10 Comen
- 7.10.1 Comen Company Information
- 7.10.2 Comen Introduction and Business Overview
- 7.10.3 Comen Ventilator Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Comen Ventilator Product Offerings
- 7.10.5 Comen Recent Development
- 7.11 Inspiration Healthcare
- 7.11.1 Inspiration Healthcare Company Information
- 7.11.2 Inspiration Healthcare Introduction and Business Overview
- 7.11.3 Inspiration Healthcare Ventilator Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Inspiration Healthcare Ventilator Product Offerings
- 7.11.5 Inspiration Healthcare Recent Development
- 7.12 WEINMANN
- 7.12.1 WEINMANN Company Information
- 7.12.2 WEINMANN Introduction and Business Overview
- 7.12.3 WEINMANN Ventilator Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 WEINMANN Ventilator Product Offerings
- 7.12.5 WEINMANN Recent Development
- 7.13 Lowenstein Medical Technology
- 7.13.1 Lowenstein Medical Technology Company Information
- 7.13.2 Lowenstein Medical Technology Introduction and Business Overview
- 7.13.3 Lowenstein Medical Technology Ventilator Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 Lowenstein Medical Technology Ventilator Product Offerings
- 7.13.5 Lowenstein Medical Technology Recent Development
- 7.14 Air Liquide Medical Systems
- 7.14.1 Air Liquide Medical Systems Company Information
- 7.14.2 Air Liquide Medical Systems Introduction and Business Overview
- 7.14.3 Air Liquide Medical Systems Ventilator Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.14.4 Air Liquide Medical Systems Ventilator Product Offerings
- 7.14.5 Air Liquide Medical Systems Recent Development
- 7.15 EVent Medical
- 7.15.1 EVent Medical Company Information
- 7.15.2 EVent Medical Introduction and Business Overview
- 7.15.3 EVent Medical Ventilator Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.15.4 EVent Medical Ventilator Product Offerings
- 7.15.5 EVent Medical Recent Development
- 7.16 Siare
- 7.16.1 Siare Company Information
- 7.16.2 Siare Introduction and Business Overview
- 7.16.3 Siare Ventilator Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.16.4 Siare Ventilator Product Offerings
- 7.16.5 Siare Recent Development
- 7.17 Heyer Medical
- 7.17.1 Heyer Medical Company Information
- 7.17.2 Heyer Medical Introduction and Business Overview
- 7.17.3 Heyer Medical Ventilator Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.17.4 Heyer Medical Ventilator Product Offerings
- 7.17.5 Heyer Medical Recent Development
8 Industry Chain Analysis
- 8.1 Ventilator Industrial Chain
- 8.2 Ventilator Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Ventilator Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Ventilator Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer