Global Portable Medical Ventilators Market Overview
Portable Medical Ventilators Market Size was valued at USD 0.12 Billion in 2023. The Global Portable Medical Ventilators industry is projected to grow from USD 0.13 Billion in 2024 to USD 0.21 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.66% during the forecast period (2024 - 2032).
Portable Medical Ventilators Market Dynamics
Portable ventilators deliver oxygen into the breathing circuit, where it can be humified by a heated humidifier or heat & moisture exchanger before delivery to the patient. These ventilators can be used for treating patients with conditions such as pneumonia, COVID 19, and during mass casualty events, among others. The increasing demand for ventilators, due to the global outbreak of COVID 19, the rapid growth of the geriatric population, and rising incidences of respiratory emergencies are the key factors that are expected to drive the market growth. Moreover, increasing incidences of chronic obstructive pulmonary disease (COPD), a rise in government expenditure on healthcare, and an increasing number of ventilator-associated pneumonia are also expected to boost market growth.
Ventilators provide ambient air or oxygen-enriched gas into the breathing chamber and are intended to support patients experiencing life-threatening issues. These ventilators are employed in situations requiring emergency treatment, intensive care, sedation, and in-home care. During the forecast period, an increase in patient transportation in hospitals and nursing homes is anticipated to fuel the market for portable ventilators worldwide. Patients with chronic conditions are given oxygen through portable ventilators. In the upcoming years, the aging population is projected to accelerate market growth. Elderly persons are more likely to develop chronic illnesses and may need portable ventilators to help them breathe.
These ventilators can be used, among other things, to treat individuals with illnesses like COVID 19, pneumonia, and large-scale casualty occurrences. The main elements anticipated to propel market expansion are the rising instances of respiratory emergencies, the rising geriatric population, and the increased need for ventilators due to the global COVID-19 outbreak. Additionally, it is anticipated that rising rates of ventilator-associated pneumonia, chronic obstructive pulmonary disorder, and government healthcare spending would all contribute to market expansion. There is a high frequency of tobacco use, the requirement for quick access to patient care, the rise in respiratory disease prevalence, the rapid geriatric population development, the incidence of premature births, and other factors.
The market's potential is, however, constrained by the availability of locally inexpensive goods and the ventilators' problems. Patients in the ICU can benefit from portable ventilator support. Ventilators have solid batteries, with more than eight hours of battery life are offered by almost every one of the portable ventilator manufacturers. When moving patients between different healthcare facilities, portable ventilators are helpful. Compared to mechanical ventilators, these are lighter, smaller, and require less external power. They also consume less gas.
Market Influencer
The outbreak of COVID-19, leading to increased demand for medical ventilators.
Market Drivers
- High demand for ventilators, due to the outbreak of COVID-19 globally.
- Increasing incidences of respiratory emergencies such as asthma, emphysema, and lung cancer. According to the World Health Organization (WHO), 2016 report, more than 339 million people had Asthma globally in 2016.
- Rising incidences of chronic obstructive pulmonary disease (COPD). According to the Centers for Disease Control and Prevention (CDC), in 2018, 3.8 million adults in the US have been diagnosed with Emphysema.
- The rapid growth of the geriatric population.
- An increasing number of intensive care units (ICU) bed admissions According to the American Hospital Association (AHA), the 2018 report, total medical-surgical intensive care beds in community hospitals were 55,663 beds.
- Rising number of ventilator-associated pneumonia cases.
Market Restraints
- High cost of ventilators
- Government regulations on import-export of various medical devices.
- Availability of refurbished and counterfeit products.
Portable Medical Ventilators Market Segment Insights
Portable Medical Ventilators Mode Insights
- Combined-mode ventilation: This segment is the fastest-growing segment. These ventilators provide mandatory breathes which are synchronized with patient’s spontaneous efforts at a preset rate.
- Pressure-mode ventilation: This is the largest segment. In pressure-mode ventilation, the pressure is the controlled parameter and time is the signal that ends inspiration.
- Volume-mode ventilation: These ensure that the patient will receive a specific tidal volume.
- Others: The other mode of ventilators includes assist-control ventilation, synchronized intermittent mandatory ventilation, airway pressure release ventilation, and pressure support ventilation.
Portable Medical Ventilators Interface Insights
- Non-invasive ventilation: The non-invasive ventilation is the delivery of oxygen via a face mask and therefore, eliminating the need for an endotracheal airway. This is the fastest-growing segment. There are two types of non-invasive ventilations - non-invasive positive pressure ventilation, and non-invasive negative pressure ventilation.
- Invasive ventilation: This is the largest segment. The invasive ventilation utilizes a tube that is physically inserted into the patient’s throat or trachea, thus invading the respiratory airway.
Portable Medical Ventilators Age Group Insights
- Infant/neonatal ventilators: These provide ventilator support to preterm and critically ill infants who suffer from respiratory failure and who generally have low-compliance lungs, small tidal volumes, high respiratory rates, and high airway resistance.
- Adult/pediatric ventilators: The adult/pediatric ventilators are the fastest growing and largest segment. These ventilators provide ventilator support to the patients especially in the emergency department who are suffering from cardiogenic pulmonary edema, stroke, asthma, pneumonia, and neuromuscular disorders.
Portable Medical Ventilators End-User Insights
- Hospitals & clinics: In hospitals and clinics, ventilators are used to support patients with severe respiratory conditions that impact the lungs, including pneumonia. This is the largest and fastest-growing segment.
- Ambulatory care centers: Ambulatory care centers are medical care facilities that provide outpatient services. These centers provide services to chronic disease clinics and infectious disease treatments.
- Home care settings: Patients with symptomatic chronic ventilation are chronically dependent on ventilators at home care settings.
News:Dr. Fisher's research began to pique the interest of the United States Marine Corps. Large, hefty, and potentially dangerous oxygen tanks were being hauled to military operation areas by their medical teams; therefore, they had been seeking ways to cut back on their utilization. Over nearly five years, science and technology were gradually combined. The Canadian business currently employs roughly 70 people. With the help of its team and collaborators worldwide, it continues to conduct research and development and routinely publishes in scholarly journals. MOVES SLC has been sold worldwide, and MADM and ClearMate have also been introduced. A portable gadget called the MADM connects to any ventilator to give gas anesthesia, and it can operate in challenging terrain. ClearMate is a tool that enables prompt intervention for carbon monoxide poisoning. It is also portable and battery-free. The effects on the brain and other organs worsen with each second if this most prevalent respiratory illness is left untreated.
Portable Medical Ventilators Region Insights
- Americas: Americas is expected to be the largest market for portable medical ventilators. According to the World Health Organization (WHO), the number of COVID 19 cases recorded is 11, 79,607 as of April 2020. Thus, a huge number of ventilators are required for COVID 19 patients who are expected to grow during the forecast period.
- Europe: According to the European Commission, 2018 report, nearly one fifth (19%) of the European population was aged 65 and more. Hence, growth in geriatric population across the region is expected to drive the market growth.
- Asia-Pacific: Asia-Pacific is the fastest-growing market for portable medical ventilators. The increasing number of chronic obstructive pulmonary diseases (COPD) across the region is expected to boost market growth.
- Middle East & Africa: With owing to the rise in infrastructure development along with an increase in government expenditure on healthcare is expected to drive the market growth across the region.
Key Players in the Portable Medical Ventilators Market
- Koninklijke Philips N.V.
- Airon Corporation
- Bio-Med Devices
- Drgerwerk AG & Co.
- Getinge AB
- Hamilton Medical
- Medtronic plc
- Percussionaire Corp.
- ResMed
- Smiths Group PLC
- Ventec Life Systems
- Vyaire Medical, Inc.
Report Attribute/Metric |
Details |
  Market Size |
USD 0.21 Billion 2032 |
  CAGR |
6.66% (2024-2032) |
  Base Year |
  2021 |
  Forecast Period |
  2024-2032 |
  Historical Data |
  2020 |
  Forecast Units |
  Value (USD Million) |
  Report Coverage |
  Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
  Segments Covered |
  Mode, Interface, Age Group and End User |
  Geographies Covered |
  North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
  Key Vendors |
  Koninklijke Philips N.V. (The Netherlands), Airon Corporation (India), Bio-Med Devices (US), Drgerwerk AG & Co. (Germany), Getinge AB (Sweden), Hamilton Medical (Switzerland), Medtronic plc (US), Percussionaire Corp. (US), ResMed (US), Smiths Group PLC (UK), Ventec Life Systems (US), Vyaire Medical, Inc. (US). |
  Key Market Opportunities |
  The Outbreak of COVID-19, Leading to Increased Demand for Medical Ventilators. |
  Key Market Drivers |
 Increasing incidences of respiratory emergencies such as asthma, emphysema, and lung cancer.  Rising incidences of chronic obstructive pulmonary disease (COPD).  The rapid growth of the geriatric population.  Rising number of ventilator-associated pneumonia cases. |
Portable Medical Ventilators Market Highlights:
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