Mechanical Ventilators Market by End-user, Product, Technology and Geography - Forecast and Analysis 2023-2027

Published: Apr 2023 Pages: 174 SKU: IRTNTR75180

The mechanical ventilators market size is estimated to grow at a CAGR of 6.32% between 2022 and 2027. The market size is forecast to increase by USD 1,752.83 million. The growth of the market depends on several factors, including the growing healthcare infrastructure and health expenditure, the growing ageing population globally, and the expansion of the product portfolios through new launches.

This mechanical ventilators market report extensively covers market segmentation by end-user (hospitals, ambulatory surgery centres, and home-care settings), product (critical care ventilators, portable ventilators, and neonatal), technology (non-invasive and invasive), and geography (North America, Europe, Asia, and Rest of World (ROW)). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Mechanical Ventilators Market During the Forecast Period?

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Mechanical Ventilators Market: Key Drivers, Trends, Challenges, and Customer Landscape

The growing healthcare infrastructure and health expenditure are notably driving the market growth, although factors such as several risks associated with the use of mechanical ventilators may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Mechanical Ventilators Market Driver

Growing healthcare infrastructure and health expenditure is the key factor driving the growth of the global mechanical ventilators market. The ventilator market is growing significantly due to improvements in medical infrastructure. The infrastructure for planning, evaluating, delivering, and implementing public health improvements is often referred to as health infrastructure. The outbreak of the COVID-19 pandemic has increased the demand for better healthcare facilities and infrastructure readiness. To meet urgent needs and avoid shortages of emergency medical equipment, many hospitals are increasing their ventilator capacity.

For instance, National Health Expenditures (NHE) increased by 2.7% to USD 4.3 trillion in 2021, or USD 12,914 per person, and it represented 18.3% of the GDP. Spending on Medicare increased by 8.4% to USD 900.8 billion in 2021 or 21% of all NHE. Medicaid spending increased by 9.2% to USD 734.0 billion in 2021, representing 17% of all NHE spending. As a result, the market for mechanical ventilators is expanding as a result of the expanding healthcare expenditure and infrastructure. This is expected to boost the growth of the global mechanical ventilator market during the forecast period.

Significant Mechanical Ventilators Market Trends

The growing number of product innovations is the primary trend in the global mechanical ventilators market. To reduce ventilator workload, companies are investing in research and development of new products that automate ventilators based on rate, support control, and time.  For instance, OES Medical, a UK-based manufacturer of anesthesia accessories and equipment, introduced the Gemini-G100, an electrically driven piston ICU ventilator, in January 2022. The brand-new Gemini-G100 is intended to support intensive care teams everywhere where the availability of high-pressure oxygen gas is an issue. It doesn't put any strain on the hospital's oxygen supply and only needs electricity.

Similarly, in January 2022, OES Medical joined the ABHI UK Pavilion at Arab Health 2022 to introduce a new mains-powered ICU ventilator that is expected to help hospitals control their oxygen demand. Such a growing number of product innovations is one of the growing trends which is expected to drive the growth of the global mechanical ventilators market during the forecast period.

Major Mechanical Ventilators Market Challenge

Several risks associated with the use of mechanical ventilators are a major challenge to the growth of the global mechanical ventilators market. There are several problems that can develop from using a ventilator such as infections, collapsed lung (pneumothorax), lung damage, and inability to discontinue ventilator support. In infections, Pneumonia can be a serious issue and is more common in patients who are on a ventilator. While the pneumonia is being treated with antibiotics, a patient may need to stay on the ventilator for a longer period. A weak spot or hole in the lung may occasionally develop, allowing air to escape and leading to lung collapse. Loss of life may result from a severe lung collapse.

Moreover, the pressure of using a ventilator to force air into the lungs and extremely high oxygen levels can harm the lungs. Sometimes, despite receiving treatment, the condition that necessitated the use of a ventilator does not get better. The medical staff will then talk to you about your preferences for treatment, including whether you want to stay on the ventilator going forward. Thus, several risks associated with the use of mechanical ventilators are expected to become a major challenge for the growth of the global mechanical ventilators market during the forecast period.

Key Mechanical Ventilators Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Mechanical Ventilators Market Customer Landscape

Who are the Major Mechanical Ventilators Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Fisher and Paykel Healthcare Corp. Ltd.: The company offers mechanical ventilators such as F and P 950 Humidification System. Also, under this segment, the company focuses on the design, manufacture, marketing, and sale of medical devices and systems.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Air Liquide SA
  • Allied Healthcare Products Inc.
  • Asahi Kasei Corp.
  • Boston Scientific Corp.
  • Dragerwerk AG and Co. KGaA
  • General Electric Co.
  • Getinge AB
  • Hamilton Bonaduz AG
  • ICU Medical Inc.
  • Koninklijke Philips NV
  • Medtronic Plc
  • MicroPort Scientific Corp.
  • Mindray Bio medical Electronics Co. Ltd
  • Nihon Kohden Corp.
  • ResMed Inc.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segments in the Mechanical Ventilators Market?

The market share growth by the hospitals segment will be significant during the forecast period. The increasing number of public and private specialty hospitals are expected to influence the growth of the hospital segment in this global mechanical ventilation market during the forecast period.

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The hospitals segment was valued at USD 1,767.15 million in 2017 and continued  to grow until 2021. The increasing prevalence of the disease, especially among the elderly, has increased the demand for various medical devices such as hospital ventilators. Several technological advances and innovations have improved the reliability of ventilators and increased their demand in medical facilities such as hospitals. This is expected to drive the growth of the hospital segment, which in turn drives the growth of the global orthopedic soft tissue repair devices market during the forecast period. 

Which are the Key Regions for the Mechanical Ventilators Market?

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North America is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. In North America, the incidence and prevalence of several chronic diseases such as heart disease and cancer have increased significantly. For instance, according to projections, there were 1,898,160 new cancer cases and 608,570 cancer deaths in the US in 2021. The increasing number of cases of such chronic diseases has increased the demand for surgical intervention as part of the overall treatment. In some cases, patients are admitted to the intensive care unit or intensive care unit for hours or days after surgery. Intensive care ventilators are used in such cases to provide temporary ventilatory or breathing assistance to patients who cannot breathe on their own. The effects of the general anesthesia used during surgery continue for some time after surgery, so patients who are transferred to the intensive care unit are put on a ventilator. This is anticipated to drive the growth of the North American ventilator market during the forecast period.  

The lockdowns imposed owing to the outbreak of the COVID-19 pandemic across North America have resulted in the closure of various industries, including those manufacturing various medical equipment such as critical care ventilators. However, the sudden rise in the number of reported cases of COVID-19 across North America surged the manufacture of medical ventilators, including critical care ventilators. Established vendors increased the volume of production for medical ventilators, including critical care ventilators. For instance, in March 2020, ResMed stated in its press release that it had increased its manufacturing capacities to maximize the availability of ResMed ventilators, including critical care ventilators. Such initiatives taken by the healthcare and non-healthcare sectors to increase the production of medical ventilators, including critical care ventilators, are expected to boost the growth of the mechanical ventilators market in North America during the forecast period.

Segment Overview

The mechanical ventilators market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • End-user Outlook (USD Million, 2017 - 2027)
    • Hospitals
    • Ambulatory surgery centers
    • Home-care settings
  • Product Outlook (USD Million, 2017 - 2027)
    • Critical care ventilators
    • Portable ventilators
    • Neonatal
  • Technology Outlook (USD Million, 2017 - 2027)
    • Non-invasive
    • Invasive
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • Asia
      • China
      • India
    • ROW
      • Argentina
      • Australia
      • Rest of the world

Parent Market Analysis

Technavio categorizes the global mechanical ventilators market as a part of the global pharmaceuticals market within the healthcare industry. The parent, the global pharmaceuticals, market covers products and companies engaged in R&D or production of generic drugs, non-generic drugs, and veterinary drugs. Our market research report has extensively covered external factors influencing the parent market growth during the forecast period.

Mechanical Ventilators Market Scope

Report Coverage

Details

Page number

174

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 6.32%

Market growth 2023-2027

USD 1,752.83 million

Market structure

Fragmented

YoY growth 2022-2023(%)

5.67

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 39%

Key countries

US, UK, Germany, China, and Japan

Competitive landscape

 Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Air Liquide SA, Allied Healthcare Products Inc., Asahi Kasei Corp., Boston Scientific Corp., Dragerwerk AG and Co. KGaA, Fisher and Paykel Healthcare Corp. Ltd., General Electric Co., Getinge AB, Hamilton Bonaduz AG, ICU Medical Inc., Koninklijke Philips NV, Medtronic Plc, MicroPort Scientific Corp., Mindray Bio medical Electronics Co. Ltd, Nihon Kohden Corp., ResMed Inc., SCHILLER AG, Smiths Group Plc, Stryker Corp., and Vyaire Medical Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Mechanical Ventilators Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the mechanical ventilators market between 2023 and 2027
  • Precise estimation of the size of the mechanical ventilators market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across North America, Europe, Asia, and Rest of World (ROW)
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of mechanical ventilators market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 07: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 08: Executive Summary – Chart on Incremental Growth
    • Exhibit 09: Executive Summary – Data Table on Incremental Growth
    • Exhibit 10: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 11: Parent market
    • Exhibit 12: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 13: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 14: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 15: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 17: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 18: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global mechanical ventilators market 2017 - 2021
      • Exhibit 19: Historic Market Size – Data Table on Global mechanical ventilators market 2017 - 2021 ($ million)
    • 4.2 End-user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.3 Product Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.4 Technology Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Technology Segment 2017 - 2021 ($ million)
    • 4.5 Geography Segment Analysis 2017 - 2021
      • Exhibit 23: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.6 Country Segment Analysis 2017 - 2021
      • Exhibit 24: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 25: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 26: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 27: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 28: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 29: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 30: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 31: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 32: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 33: Data Table on End-user - Market share 2022-2027 (%)
    • 6.2 Comparison by End-user
      • Exhibit 34: Chart on Comparison by End-user
      • Exhibit 35: Data Table on Comparison by End-user
    • 6.3 Hospitals - Market size and forecast 2022-2027
      • Exhibit 36: Chart on Hospitals - Market size and forecast 2022-2027 ($ million)
      • Exhibit 37: Data Table on Hospitals - Market size and forecast 2022-2027 ($ million)
      • Exhibit 38: Chart on Hospitals - Year-over-year growth 2022-2027 (%)
      • Exhibit 39: Data Table on Hospitals - Year-over-year growth 2022-2027 (%)
    • 6.4 Ambulatory surgery centers - Market size and forecast 2022-2027
      • Exhibit 40: Chart on Ambulatory surgery centers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 41: Data Table on Ambulatory surgery centers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 42: Chart on Ambulatory surgery centers - Year-over-year growth 2022-2027 (%)
      • Exhibit 43: Data Table on Ambulatory surgery centers - Year-over-year growth 2022-2027 (%)
    • 6.5 Home-care settings - Market size and forecast 2022-2027
      • Exhibit 44: Chart on Home-care settings - Market size and forecast 2022-2027 ($ million)
      • Exhibit 45: Data Table on Home-care settings - Market size and forecast 2022-2027 ($ million)
      • Exhibit 46: Chart on Home-care settings - Year-over-year growth 2022-2027 (%)
      • Exhibit 47: Data Table on Home-care settings - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by End-user
      • Exhibit 48: Market opportunity by End-user ($ million)
      • Exhibit 49: Data Table on Market opportunity by End-user ($ million)

    7 Market Segmentation by Product

    • 7.1 Market segments
      • Exhibit 50: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 51: Data Table on Product - Market share 2022-2027 (%)
    • 7.2 Comparison by Product
      • Exhibit 52: Chart on Comparison by Product
      • Exhibit 53: Data Table on Comparison by Product
    • 7.3 Critical care ventilators - Market size and forecast 2022-2027
      • Exhibit 54: Chart on Critical care ventilators - Market size and forecast 2022-2027 ($ million)
      • Exhibit 55: Data Table on Critical care ventilators - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Chart on Critical care ventilators - Year-over-year growth 2022-2027 (%)
      • Exhibit 57: Data Table on Critical care ventilators - Year-over-year growth 2022-2027 (%)
    • 7.4 Portable ventilators - Market size and forecast 2022-2027
      • Exhibit 58: Chart on Portable ventilators - Market size and forecast 2022-2027 ($ million)
      • Exhibit 59: Data Table on Portable ventilators - Market size and forecast 2022-2027 ($ million)
      • Exhibit 60: Chart on Portable ventilators - Year-over-year growth 2022-2027 (%)
      • Exhibit 61: Data Table on Portable ventilators - Year-over-year growth 2022-2027 (%)
    • 7.5 Neonatal - Market size and forecast 2022-2027
      • Exhibit 62: Chart on Neonatal - Market size and forecast 2022-2027 ($ million)
      • Exhibit 63: Data Table on Neonatal - Market size and forecast 2022-2027 ($ million)
      • Exhibit 64: Chart on Neonatal - Year-over-year growth 2022-2027 (%)
      • Exhibit 65: Data Table on Neonatal - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Product
      • Exhibit 66: Market opportunity by Product ($ million)
      • Exhibit 67: Data Table on Market opportunity by Product ($ million)

    8 Market Segmentation by Technology

    • 8.1 Market segments
      • Exhibit 68: Chart on Technology - Market share 2022-2027 (%)
      • Exhibit 69: Data Table on Technology - Market share 2022-2027 (%)
    • 8.2 Comparison by Technology
      • Exhibit 70: Chart on Comparison by Technology
      • Exhibit 71: Data Table on Comparison by Technology
    • 8.3 Non-invasive - Market size and forecast 2022-2027
      • Exhibit 72: Chart on Non-invasive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Data Table on Non-invasive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Chart on Non-invasive - Year-over-year growth 2022-2027 (%)
      • Exhibit 75: Data Table on Non-invasive - Year-over-year growth 2022-2027 (%)
    • 8.4 Invasive - Market size and forecast 2022-2027
      • Exhibit 76: Chart on Invasive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Data Table on Invasive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Chart on Invasive - Year-over-year growth 2022-2027 (%)
      • Exhibit 79: Data Table on Invasive - Year-over-year growth 2022-2027 (%)
    • 8.5 Market opportunity by Technology
      • Exhibit 80: Market opportunity by Technology ($ million)
      • Exhibit 81: Data Table on Market opportunity by Technology ($ million)

    9 Customer Landscape

    • 9.1 Customer landscape overview
      • Exhibit 82: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    10 Geographic Landscape

    • 10.1 Geographic segmentation
      • Exhibit 83: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 84: Data Table on Market share by geography 2022-2027 (%)
    • 10.2 Geographic comparison
      • Exhibit 85: Chart on Geographic comparison
      • Exhibit 86: Data Table on Geographic comparison
    • 10.3 North America - Market size and forecast 2022-2027
      • Exhibit 87: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 10.4 Europe - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 10.5 Asia - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Asia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on Asia - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Asia - Year-over-year growth 2022-2027 (%)
    • 10.6 Rest of World (ROW) - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
    • 10.7 US - Market size and forecast 2022-2027
      • Exhibit 103: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 10.8 UK - Market size and forecast 2022-2027
      • Exhibit 107: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 10.9 Germany - Market size and forecast 2022-2027
      • Exhibit 111: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 112: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 10.10 China - Market size and forecast 2022-2027
      • Exhibit 115: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 116: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 117: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 118: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 10.11 Japan - Market size and forecast 2022-2027
      • Exhibit 119: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 120: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 121: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 122: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 10.12 Market opportunity by geography
      • Exhibit 123: Market opportunity by geography ($ million)
      • Exhibit 124: Data Tables on Market opportunity by geography ($ million)

    11 Drivers, Challenges, and Trends

    • 11.1 Market drivers
      • 11.2 Market challenges
        • 11.3 Impact of drivers and challenges
          • Exhibit 125: Impact of drivers and challenges in 2022 and 2027
        • 11.4 Market trends

          12 Vendor Landscape

          • 12.1 Overview
            • 12.2 Vendor landscape
              • Exhibit 126: Overview on Criticality of inputs and Factors of differentiation
            • 12.3 Landscape disruption
              • Exhibit 127: Overview on factors of disruption
            • 12.4 Industry risks
              • Exhibit 128: Impact of key risks on business

            13 Vendor Analysis

            • 13.1 Vendors covered
              • Exhibit 129: Vendors covered
            • 13.2 Market positioning of vendors
              • Exhibit 130: Matrix on vendor position and classification
            • 13.3 Air Liquide SA
              • Exhibit 131: Air Liquide SA - Overview
              • Exhibit 132: Air Liquide SA - Business segments
              • Exhibit 133: Air Liquide SA - Key offerings
              • Exhibit 134: Air Liquide SA - Segment focus
            • 13.4 Asahi Kasei Corp.
              • Exhibit 135: Asahi Kasei Corp. - Overview
              • Exhibit 136: Asahi Kasei Corp. - Business segments
              • Exhibit 137: Asahi Kasei Corp. - Key news
              • Exhibit 138: Asahi Kasei Corp. - Key offerings
              • Exhibit 139: Asahi Kasei Corp. - Segment focus
            • 13.5 Boston Scientific Corp.
              • Exhibit 140: Boston Scientific Corp. - Overview
              • Exhibit 141: Boston Scientific Corp. - Business segments
              • Exhibit 142: Boston Scientific Corp. - Key news
              • Exhibit 143: Boston Scientific Corp. - Key offerings
              • Exhibit 144: Boston Scientific Corp. - Segment focus
            • 13.6 Dragerwerk AG and Co. KGaA
              • Exhibit 145: Dragerwerk AG and Co. KGaA - Overview
              • Exhibit 146: Dragerwerk AG and Co. KGaA - Business segments
              • Exhibit 147: Dragerwerk AG and Co. KGaA - Key offerings
              • Exhibit 148: Dragerwerk AG and Co. KGaA - Segment focus
            • 13.7 Fisher and Paykel Healthcare Corp. Ltd.
              • Exhibit 149: Fisher and Paykel Healthcare Corp. Ltd. - Overview
              • Exhibit 150: Fisher and Paykel Healthcare Corp. Ltd. - Product / Service
              • Exhibit 151: Fisher and Paykel Healthcare Corp. Ltd. - Key news
              • Exhibit 152: Fisher and Paykel Healthcare Corp. Ltd. - Key offerings
            • 13.8 General Electric Co.
              • Exhibit 153: General Electric Co. - Overview
              • Exhibit 154: General Electric Co. - Business segments
              • Exhibit 155: General Electric Co. - Key news
              • Exhibit 156: General Electric Co. - Key offerings
              • Exhibit 157: General Electric Co. - Segment focus
            • 13.9 Getinge AB
              • Exhibit 158: Getinge AB - Overview
              • Exhibit 159: Getinge AB - Business segments
              • Exhibit 160: Getinge AB - Key news
              • Exhibit 161: Getinge AB - Key offerings
              • Exhibit 162: Getinge AB - Segment focus
            • 13.10 Hamilton Bonaduz AG
              • Exhibit 163: Hamilton Bonaduz AG - Overview
              • Exhibit 164: Hamilton Bonaduz AG - Product / Service
              • Exhibit 165: Hamilton Bonaduz AG - Key offerings
            • 13.11 ICU Medical Inc.
              • Exhibit 166: ICU Medical Inc. - Overview
              • Exhibit 167: ICU Medical Inc. - Product / Service
              • Exhibit 168: ICU Medical Inc. - Key offerings
            • 13.12 Koninklijke Philips NV
              • Exhibit 169: Koninklijke Philips NV - Overview
              • Exhibit 170: Koninklijke Philips NV - Business segments
              • Exhibit 171: Koninklijke Philips NV - Key news
              • Exhibit 172: Koninklijke Philips NV - Key offerings
              • Exhibit 173: Koninklijke Philips NV - Segment focus
            • 13.13 Medtronic Plc
              • Exhibit 174: Medtronic Plc - Overview
              • Exhibit 175: Medtronic Plc - Business segments
              • Exhibit 176: Medtronic Plc - Key news
              • Exhibit 177: Medtronic Plc - Key offerings
              • Exhibit 178: Medtronic Plc - Segment focus
            • 13.14 Mindray Bio medical Electronics Co. Ltd
              • Exhibit 179: Mindray Bio medical Electronics Co. Ltd - Overview
              • Exhibit 180: Mindray Bio medical Electronics Co. Ltd - Product / Service
              • Exhibit 181: Mindray Bio medical Electronics Co. Ltd - Key offerings
            • 13.15 Nihon Kohden Corp.
              • Exhibit 182: Nihon Kohden Corp. - Overview
              • Exhibit 183: Nihon Kohden Corp. - Product / Service
              • Exhibit 184: Nihon Kohden Corp. - Key news
              • Exhibit 185: Nihon Kohden Corp. - Key offerings
            • 13.16 ResMed Inc.
              • Exhibit 186: ResMed Inc. - Overview
              • Exhibit 187: ResMed Inc. - Business segments
              • Exhibit 188: ResMed Inc. - Key news
              • Exhibit 189: ResMed Inc. - Key offerings
              • Exhibit 190: ResMed Inc. - Segment focus
            • 13.17 Vyaire Medical Inc.
              • Exhibit 191: Vyaire Medical Inc. - Overview
              • Exhibit 192: Vyaire Medical Inc. - Product / Service
              • Exhibit 193: Vyaire Medical Inc. - Key news
              • Exhibit 194: Vyaire Medical Inc. - Key offerings

            14 Appendix

            • 14.1 Scope of the report
              • 14.2 Inclusions and exclusions checklist
                • Exhibit 195: Inclusions checklist
                • Exhibit 196: Exclusions checklist
              • 14.3 Currency conversion rates for US$
                • Exhibit 197: Currency conversion rates for US$
              • 14.4 Research methodology
                • Exhibit 198: Research methodology
                • Exhibit 199: Validation techniques employed for market sizing
                • Exhibit 200: Information sources
              • 14.5 List of abbreviations
                • Exhibit 201: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis