Global Ventilator Market to 2032

Overview

The Global Ventilator Market is expected to reach a 15.58 USD Billion by 2032 and is projected to grow at a CAGR of 8.23% from 2025 to 2032.

Revenue, 2024 (USD Billion)
8.22
Forecast, 2032 (USD Billion)
15.58
CAGR, 2024 - 2032
8.23%
Report Coverage
Global

Global Ventilator Market 2018-2032 USD Billion

Global Ventilator Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 8.22 USD Billion
  • Projected Market Size (2032): 15.58 USD Billion
  • CAGR (2025-2032): 8.23%

Key Findings of Global Ventilator Market

  • The Global Ventilator Market was valued at 15.58 USD Billion in 2024.
  • The Global Ventilator Market is likely to grow at a CAGR of 8.23% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Hospitals in End User Segment accounted for the largest share of the market with a revenue of 6.73 USD Billion
  • The fastest growing segment Combined-Mode Ventilation in Mode Segment grew Fastest with a CAGR of 8.64% during the forecast period from 2024 to 2032.

Global Ventilator Market Scope

Global Ventilator Market Segmentation & Scope
Mode
  • Volume-Mode Ventilation
  • Combined-Mode Ventilation
  • Pressure-Mode Ventilator
  • Other
Ventilator Type
  • Pediatric Ventilators
  • Neonatal Ventilators
  • Adult Ventilators
Modality
  • Non-Invasive Ventilation
  • Invasive Ventilation
Product Type
  • Neonatal Ventilators
  • Portable Ventilators
  • Intensive Care Ventilators
End User
  • Hospitals
  • Others
  • Rehabilitation Centres
  • Long Term Care Centres
  • Homecare Settings
  • Specialty Clinics

Global Ventilator Market Data Coverage Insights

Study Period 2024-2032
Base Year 2022
Unit Revenue in USD Billion
Market Value in 2024 8.22 USD Billion
Market Value in 2032 15.58 USD Billion
CAGR (2025-2032) 8.23%
Historic Data 2016-2023
Market Segments Covered Mode,Ventilator Type,Modality,Product Type,End User

Regional Insights:

  • Leading Market (2024-2032): Global, leading in terms of revenue 8.22 USD Billion in 2024
    • Key Country: U.S., leading in terms of revenue with value of 2,446.71 USD Million in 2024.

Segments and Scope

  • Global Ventilator Market to 2032, By Mode
    • Combined-Mode Ventilation is the largest segment in Global Ventilator Market to 2032 with a revenue of 3.71 USD Billion in the year 2024.
    • Combined-Mode Ventilation is the Fastest growing segment in Global Ventilator Market to 2032 with a Growth rate of 8.64 % in forecast period 2025-2032.
  • Global Ventilator Market to 2032, By Ventilator Type
    • Adult Ventilators is the largest segment in Global Ventilator Market to 2032 with a revenue of 4.57 USD Billion in the year 2024.
    • Adult Ventilators is the Fastest growing segment in Global Ventilator Market to 2032 with a Growth rate of 8.44 % in forecast period 2025-2032.
  • Global Ventilator Market to 2032, By Modality
    • Invasive Ventilation is the largest segment in Global Ventilator Market to 2032 with a revenue of 5.26 USD Billion in the year 2024.
    • Non-Invasive Ventilation is the Fastest growing segment in Global Ventilator Market to 2032 with a Growth rate of 8.04 % in forecast period 2025-2032.
  • Global Ventilator Market to 2032, By Product Type
    • Intensive Care Ventilators is the largest segment in Global Ventilator Market to 2032 with a revenue of 4.44 USD Billion in the year 2024.
    • Intensive Care Ventilators is the Fastest growing segment in Global Ventilator Market to 2032 with a Growth rate of 8.51 % in forecast period 2025-2032.
  • Global Ventilator Market to 2032, By End User
    • Hospitals is the largest segment in Global Ventilator Market to 2032 with a revenue of 6.73 USD Billion in the year 2024.
    • Hospitals is the Fastest growing segment in Global Ventilator Market to 2032 with a Growth rate of 8.47 % in forecast period 2025-2032.

Global Ventilator Market Company Share Analysis

 
Company Name Company Share Analysis
Koninklijke Philips N.V.
VYAIRE
Getinge AB
Drägerwerk AG & Co. KGaA
GE Healthcare
Global Ventilator Market Company Share Analysis

Global Ventilator Market Geographical Sales Distribution, 2018-2032 USD Billion

Global Ventilator Market Geographical Sales Distribution, 2018-2032 USD Billion

Global Ventilator Market Company Profiling

Global Ventilator Market Company Profiling
Frequently Asked Questions
The Global Ventilator Market is segmented based on Segmentation Mode,Ventilator Type,Modality,Product Type,End User.
Global Ventilator Market was valued at USD 8.22(Revenue in USD Billion) in 2022.
Global Ventilator Market is projected to grow at a CAGR of 8.23% during the forecast period of 2024 to 2032.
The Hospitals segment is expected to dominate the Global Ventilator Market, holding a largest market share of 6.73 USD Billion in 2024

Coming Soon....

Global Ventilator Market Scope

Global Ventilator Market Segmentation & Scope
Mode
  • Volume-Mode Ventilation
  • Combined-Mode Ventilation
  • Pressure-Mode Ventilator
  • Other
Ventilator Type
  • Pediatric Ventilators
  • Neonatal Ventilators
  • Adult Ventilators
Modality
  • Non-Invasive Ventilation
  • Invasive Ventilation
Product Type
  • Neonatal Ventilators
  • Portable Ventilators
  • Intensive Care Ventilators
End User
  • Hospitals
  • Others
  • Rehabilitation Centres
  • Long Term Care Centres
  • Homecare Settings
  • Specialty Clinics
Frequently Asked Questions
The Global Ventilator Market is segmented based on Segmentation Mode,Ventilator Type,Modality,Product Type,End User.
Global Ventilator Market was valued at USD 8.22(Revenue in USD Billion) in 2022.
Global Ventilator Market is projected to grow at a CAGR of 8.23% during the forecast period of 2024 to 2032.
The estimated market value of the Global Ventilator Market for final year is USD 15.58 (USD Billion).

Global Ventilator Market Company Profiling

Global Ventilator Market Company Profiling
Frequently Asked Questions
The Global Ventilator Market is segmented based on Segmentation Mode,Ventilator Type,Modality,Product Type,End User.
Global Ventilator Market was valued at USD 8.22(Revenue in USD Billion) in 2022.
Global Ventilator Market is projected to grow at a CAGR of 8.23% during the forecast period of 2024 to 2032.
The estimated market value of the Global Ventilator Market for final year is USD 15.58 (USD Billion).

Related Markets

HAVE A QUESTION?

Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.