Asia-Pacific Ventilator Market – Industry Trends and Forecast to 2030

Asia-Pacific Ventilator Market By Product Type (Intensive Care Ventilators, Portable Ventilators And Neonatal Ventilators), Modality (Non-Invasive Ventilation And Invasive Ventilation), Type (Adult, Paediatric And Neonatal), Mode (Combined- Mode Ventilation, Volume- Mode Ventilation, Pressure- Mode Ventilation And Other), End User (Hospitals And Clinics, Home Care, Ambulatory Centres, Speciality Clinics, Rehabilitation Centres, Long Term Care Centres, Homecare Settings And Others) - Industry Trends and Forecast to 2030.

Asia-Pacific Ventilator Market Analysis and Size

Asia-Pacific Ventilator are medical devices used to assist or replace the natural breathing process in patients who are unable to breathe adequately on their own. They are also known as mechanical ventilators or breathing machines. Ventilators deliver oxygen-rich air to a patient's lungs and remove carbon dioxide, helping to maintain proper oxygenation and ventilation. They are commonly used in intensive care units (ICUs) and during surgeries to support patients who have respiratory failure, severe lung infections, or other conditions that compromise their ability to breathe independently. A typical ventilator consists of several components, including a control system, oxygen supply, tubing, and a breathing circuit. The control system allows medical professionals to set various parameters such as the respiratory rate, tidal volume (the amount of air delivered with each breath), and the fraction of inspired oxygen (FiO2).

Data Bridge Market Research analyses that the Asia-Pacific ventilator market which was USD 828.45 million in 2022, would rocket up to USD 2,396.60 million by 2030, and is expected to undergo a CAGR of 14.2% during the forecast period. This indicates that the market value of intensive care ventilators dominates the product segment of the medical robot’s market owing to the growing prevalence of cancer cases. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Asia-Pacific Ventilator Market Scope and Segmentation

Market Definition

A ventilator assists a patient who is facing difficulty in breathing on his/her own. Ventilators are responsible for supplying oxygen to the patient’s body and extract the carbon dioxide. In other words, the major function of ventilators is to provide mechanical ventilation by moving breathable air in and out of the lungs.

Asia-Pacific Ventilator Market Dynamics

Drivers

• Increasing prevalence of chronic diseases

The rising incidence of respiratory diseases such as chronic obstructive pulmonary disease (COPD), asthma, and respiratory infections has been a significant driver for the ventilators market. The APAC region, with its large population and varying levels of air pollution, is experiencing a growing burden of respiratory ailments.

• Increasing number of ICU beds

The APAC region has a substantial elderly population, and age-related conditions often require respiratory support leading to need of more ICU beds. As the elderly population grows, the demand for ventilators and respiratory care equipment is expected to increase.

• Technological Advancements

Advances in ventilator technology, including improved patient monitoring, enhanced user interfaces, and the development of portable and lightweight ventilators, have expanded the potential applications of these devices. The demand for advanced ventilators with features like non-invasive ventilation and improved patient comfort is driving the market growth.

• Growing Healthcare Infrastructure

The APAC region has been witnessing significant investments in healthcare infrastructure, including hospitals, clinics, and specialized healthcare facilities. This development is expected to drive the demand for ventilators as healthcare providers aim to enhance their critical care capabilities.

Opportunities

• Increasing Demand for Portable Ventilators

There is a growing need for portable and transportable ventilators that can be used in various healthcare settings, including ambulances, homecare, and remote locations. The development of lightweight, battery-operated, and easily portable ventilators presents opportunities for manufacturers to cater to these emerging needs.

• Expansion in Emerging Markets

Several countries in the APAC region are witnessing rapid economic growth, leading to increased healthcare expenditure and infrastructure development. This expansion offers opportunities for ventilator manufacturers to enter and expand their presence in these emerging markets, providing solutions that are tailored to local requirements.

Restraints/Challenges

• Cost Constraints

Ventilators are complex and sophisticated medical devices that require significant investment in research, development, manufacturing, and maintenance. The high cost associated with ventilators can pose a challenge, particularly in resource-limited healthcare settings, where budget constraints may limit the adoption of advanced ventilator technologies.

• Regulatory Compliance

The medical device industry is subject to stringent regulations and standards to ensure patient safety and product efficacy. Manufacturers must comply with regulatory requirements in each market they operate in. Navigating through various regulatory frameworks across different countries within the APAC region can be challenging and time-consuming.

 This Asia-Pacific ventilator market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Asia-Pacific ventilator market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

• In October 2022, according to an article published in Current Robotics Reports, surgical robots take up to 51% role in all the robotics in healthcare
• In 2019, according to Intuitive Surgicals, approximately 5,600 da Vinci Surgical Systems had been installed worldwide, with the majority in the United States.

Asia-Pacific Ventilator Market Scope

The Asia-Pacific Ventilator market is segmented on the basis of product type, modality, type, mode, and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

• Intensive Care Ventilators
• Portable Ventilators
• Neonatal Ventilators

Modality

• Non-Invasive Ventilation
• Invasive Ventilation

Type

• Adult
• Pediatric
• Neonatal

Mode

• Combined- Mode Ventilation
• Volume- Mode Ventilation
• Pressure- Mode Ventilation
• Other

End User

• Hospitals and Clinics
• Home Care
• Ambulatory Centre’s
• Speciality Clinics
• Rehabilitation Centre’s
• Long Term Care Centre’s
• Homecare Settings
• Others

Asia-Pacific Ventilator Market Regional Analysis/Insights

The Asia-Pacific Ventilator Market is analysed and market size insights and trends are provided by country, product type, modality, type, mode, and end user as referenced above.

The countries covered in the Asia-Pacific Ventilator Market report are Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, and Rest of Asia- Pacific in Asia-Pacific.

China dominates the Asia-Pacific Ventilator Market because of the rising prevalence of chronic diseases in region, the increasing number of ICU beds, and technological advancements is also boosting the growth of the market.    

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Healthcare Infrastructure Growth Installed Base and New Technology Penetration

The Asia-Pacific Ventilator Market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for Asia-Pacific Ventilator Market, impact of technology using lifeline curves and changes in healthcare regulatory scenarios and their impact on the Asia-Pacific Ventilator Market. The data is available for historic period 2015-2020.

Competitive Landscape and Asia-Pacific Ventilator Market Share Analysis

The Asia-Pacific Ventilator Market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Asia-Pacific Ventilator Market.

Some of the major players operating in the Asia-Pacific ventilator market are:

• VYAIRE (U.S.)
• General Electric (U.S.)
• Smiths Group plc (U.K.)
• Zoll Medical Corporation (U.S.)
• Koninklijke Philips N.V. (Netherlands)
• Getinge (Sweden)
• ResMed (U.S.)
• Medtronic (Ireland)
• Fisher & Paykel Healthcare Ltd (New Zealand)
• Avasarala Technologies Limited (India)
• Allied Healthcare Products, Inc. (U.S.)
• Shenzhen Mindray Bio-Medical Electronics Co., Ltd, (China)
• Dragerwerk AG & CO. KGAA (Germany)
• Nihon Kohden Corporation (Japan)
• Asahi Kasei Corporation (Japan)
• Air Liquide (France)