Canada Medical Ventilator Market (2020-2026) | Forecast, Growth, Value, Companies, Size, Share, COVID-19 IMPACT, Industry, Revenue, Analysis, Outlook & Trends

Canada medical ventilator market is likely to witness considerable growth, primarily due to a mounting number of patients with infections caused by Coronavirus in the country. Ventilators are essential for patients suffering from lung failure, which can be witnessed as one of the major difficulties faced by patients having symptoms of COVID-19 infections. Canada has registered more than 81,324 infections with around 6,152 deaths as of 22nd May 2020. The experts claim that the actual number of infections could be much higher over the coming weeks in the country. Canada had a limited number of ventilators at the time of the outbreak of Coronavirus. However, gradually the country has taken several initiatives to meet the growing demand for ventilators in hospitals. 

The Canadian government has taken numerous initiatives to arrange enough ventilators to treat the rising number of Covid-19 patients in the country. The Public Health Agency of Canada has received $50 million to provide ventilators and other necessary medical equipment in hospitals. Additionally, Health Canada has offered Celestica Inc., a Toronto-based equipment manufacturer to manufacture 7,500 ventilators. Further, Starfish is also manufacturing 30,000 ventilators according to the Federal Government's plan in Canada. These initiatives will ramp up the production of ventilators in Canada.

According to 6Wresearch, the Canada Medical Ventilator Market size is anticipated to register sizeable growth during 2020-26. Limited availability of ventilators in hospitals, the soaring number of critical cases, rising occurrence of respiratory and other infectious diseases, investment in healthcare facilities as well as the rising volume of ventilator production by private companies are some of the key growth drivers of the Canada medical ventilator market during the forecast period.

In terms of technology, the uncooled technology segment dominates the overall Canada medical ventilator market as they are cost-efficient and requires low maintenance. Furthermore, in terms of applications, the thermography application leads to the overall medical ventilator market in Canada due to the increasing demand for thermal audits in the manufacturing industry. Additionally, in terms of wavelength, the SWIR wavelength medical ventilators are recording higher growth primarily due to their ability to operate in a range of applications. Whereas, based on verticals, the healthcare vertical including hospitals and other healthcare centers dominate the overall medical ventilator market in Canada.

Some of the key players operating in the Canada medical ventilator market are Dyson, Weinmann, Becton Dickinson, Philips, Hamilton Medical, Fisher & Paykel Healthcare, Draeger, Medtronic, and GE Healthcare.

The Canada medical ventilator market report thoroughly covers the market type, by mobility, by the interface, and by end-users. The Canada medical ventilator market outlook report provides an unbiased and detailed analysis of the on-going Canada medical Ventilator market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics. Canada medical ventilators market is estimated to register sound revenues in the coming years on the back of the rising manufacturing sector. The growing healthcare sector tends to demand adequate medical equipment such as ventilation in order to provide immediate treatment to infected patients especially respiration and lung infection tends to rise in the ventilation manufacturing volume due to the COVID-19 outbreak which is leading to provide shape to manufacture sector that is key components in generating sales revenues in the market and would proliferate the progressive growth of Canada medical ventilator market in the coming timeframe. Further, rising healthcare for infants in order to provide proper home care is anticipated to spur the potential growth of Canada medical ventilator market in the upcoming six years.

Key Highlights of the Report:

• Canada Medical Ventilator Market Overview
• Canada Medical Ventilator Market Outlook
• Canada Medical Ventilator Market Forecast
• Historical Data of Canada Medical Ventilator Market Revenues & Volume for the Period 2016-2019
• Canada Medical Ventilator Market Size and Canada Medical Ventilator Market Forecast of Revenues & Volume, Until 2026
• Historical Data of Canada Medical Ventilator Market Revenues & Volume, by Type, for the Period 2016-2019
• Market Size & Forecast of Canada Medical Ventilator Market Revenues & Volume, by Type, Until 2026
• Historical Data of Canada Medical Ventilator Market Revenues & Volumes, by Mobility, for the Period 2016-2019
• Market Size & Forecast of Canada Medical Ventilator Market Revenues & Volumes, by Mobility, Until 2026
• Historical Data of Canada Medical Ventilator Market Revenues & Volume, by Interface, for the Period 2016-2019
• Market Size & Forecast of Canada Medical Ventilator Market Revenues & Volume, by Interface, Until 2026
• Historical Data of Canada Medical Ventilator Market Revenues & Volume, by End Users, for the Period 2016-2019
• Market Size & Forecast of Canada Medical Ventilator Market Revenues & Volume, by End Users, Until 2026
• Market Drivers and Restraints
• Canada Medical Ventilator Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Canada Medical Ventilator Market Share, By Players
• Canada Medical Ventilator Market Share, By Regions
• Canada Medical Ventilator Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Canada medical ventilator market report provides a detailed analysis of the following market segments:

• By Type:

• Adult/Pediatric Ventilators
• Neonatal/Infant Ventilators

• By Mobility

• Intensive Care Ventilators
• High-end ICU Ventilators
• Mid-end ICU Ventilators
• Basic ICU Ventilators
• Portable/Transportable Ventilators      

• By Interface

• Invasive Ventilation
• Non-invasive Ventilation

• By End Users

• Hospitals and Clinics
• Home Care
• Ambulatory Care Centers
• Emergency Medical Services (EMS)
• Others

Frequently Asked Questions About the Market Study (FAQs):