Medical Segment to Lead Americas Ventilators Market During 2022–2030

According to our new research study on “Americas Ventilators Market Forecast to 2030 – COVID-19 Impact and Global Analysis – by Type, Clinical Indication, Patients, Mobility, Mode, Interface, and End User,” the Americas ventilators market is expected to grow from US$ 2,392.03 million in 2022 to US$ 6,076.31 million by 2030; it is estimated to record a CAGR of 12.4% from 2022–2030. Key factors driving the Americas ventilators market growth are the growing prevalence of respiratory diseases and the rapidly increasing geriatric population.

The Americas ventilators market, by clinical indication, is segmented into medical, trauma, neurological, surgical, and others. The medical segment held the largest market share in 2022 and is anticipated to register the highest CAGR in the Americas ventilators market during the forecast period. Medical ventilators can assist or take over the breathing function for patients that cannot breathe on their own and need help to relieve the stress on the body to further healing. According to the Centers for Disease Control and Prevention (CDC), 4.6% of adults have been diagnosed with COPD, emphysema, or chronic bronchitis in 2021, in the US. According to the Asthma and Allergy Foundation of America (AAFA), ∼ 25 million people in the US have asthma, which equals about 1 in 13 people. This increase in COPD and asthma patients fuels the demand for medical ventilators, as these disorders require such ventilators.

Americas Ventilators Market, by Countries, 2022(%)

Numerous technological advancements are made in medical ventilators, which fuels the Americas ventilators market growth for the medical segment. The advent of microprocessor-controlled ventilation enables efficient care for critically ill patients. Innovations such as improved algorithms, advanced sensors, and connectivity features enhance ventilators' performance and functionality. Such advancement improves patient outcomes, offers better control over ventilation parameters, and enables remote monitoring and data analysis.

Medtronic Plc, Koninklijke Philips NV, Hamilton Medical AG, Dragerwerk AG & Co KGaA, Vyaire Medical Inc, Getinge AB, ResMed Inc, ICU Medical Inc, Nihon Kohden Corp, and Shenzhen Mindray Bio-Medical Electronics Co Ltd are among the leading companies operating in the Americas ventilators market.

Based on type, the Americas ventilators market is segmented into clinical ventilators and home ventilators. In terms of clinical indication, the Americas ventilators market is segmented into medical, trauma, neurological, surgical, and others. The Americas ventilators market, by patients, is categorized into adult, pediatric, and neonatal. Based on mobility, the Americas ventilators market is segmented into intensive care ventilators and portable/transportable ventilators. By mode, the Americas ventilators market is segmented into combined mode ventilation, volume mode ventilation, pressure mode ventilation, neurally adjusted ventilatory assists, inverse ration ventilation, prone ventilation, high-frequency oscillatory ventilation, high-frequency percussive ventilation, and others. In terms of interface, the Americas ventilators market is segmented into invasive and non invasive. Based on end user, the Americas ventilators market is segmented into hospitals and clinics, homecare, ambulatory care centers, emergency medical services, and others. By countries, the Americas ventilators market is segmented into the US, Canada, Mexico, Brazil, Argentina, Chile, Colombia, Peru, and the Rest of Americas.

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