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

North America medical ventilator market is expected to witness substantial growth, primarily due to escalating cases of critical patients infected from Covid-19 infections. 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. Currently, the United States remains the global hotspot for Covid-19 infections. Several key countries in North America including Canada are facing a shortage of ventilators as a result of escalating cases of infections in the ICU sections of hospitals.

The North America region is facing a shortage of medical ventilators as a result of a steady rise in the number of new infections. The government in association with private companies has started producing ventilators in the region. For instance, Philips has enhanced its production volume and started manufacturing 2,000 ventilators per week in March 2020. Further, Medtronic announced to have almost doubled its production volume of medical ventilators by more than 40%, in March 2020. Moreover, Health Canada has offered Celestica Inc., a Toronto-based equipment manufacturer to produce 7,500 ventilators. These initiatives will further spur the demand for ventilators in the region.

According to 6Wresearch, North America Medical Ventilator Market size is anticipated to register substantial growth during 2020-26. Growing public and private partnerships, rising expatriate population, developing medical infrastructure as well as a busy lifestyle, and rising occurrence of chronic diseases are some of the key growth drivers of the North America medical ventilator market during the forecast period. The demand for medical ventilators has witnessed a considerable rise, primarily among the key North American countries including the United States and Canada due to the maximum number of Coronavirus cases.

In terms of countries, the United States and Canada have recorded an enormous demand for medical ventilators due to the rising number of infections in these countries. Based on technology, the uncooled technology segment dominates the overall North America medical ventilator market as they are cost-efficient and require low maintenance. 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. Furthermore, in terms of applications, the thermography application leads to the overall medical ventilator market in North America due to the increasing demand for thermal audits in the manufacturing industry. Whereas, based on verticals, the commercial vertical dominates the overall medical ventilator market in the North America region.

Some of the key players operating in the North America medical ventilator market are Air Liquide Hamilton Medical, Shenzhen Mindray Bio-Medical Electronics Co., Becton, Dickinson and Company, Koninklijke Philips N.V., Fisher & Paykel Healthcare, Limited, Draegerwerk AG CO. KGaA, Medtronic PLC, GE Healthcare and Smiths Group PLC.

The North America medical ventilator market report thoroughly covers the market type, by mobility, by the interface, by end-users, and by key countries including the United States, Canada, and the Rest of North America. The North America medical ventilator market outlook report provides an unbiased and detailed analysis of the on-going North America 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.

North America medical ventilator market is expected to register sound revenues in the coming timeframe on the back of the rising medical labs and clinics coupled with the rising pediatric center in the country which is estimated to propel significant use of medical ventilators in the country underpinned by the rising need for premature babies care which tends to keep the newborn in the nursery for intensive care where they are kept on continued monitoring for breathing which is leading to a switch towards medical ventilator which is estimated to play a crucial role in securing massive medical ventilator deployment across the North American region and is estimated to boost the potential growth of United States medical Ventilator market which is healthcare equipped and developed country and this is expected to benefit the entire North Americ medical ventilators market to achieve progressive growth in the upcoming six years.

Key Highlights of the Report:

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

Markets Covered:

The North America 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
  
  

• By Countries
• United States
• Canada
  
  

Other Key Reports Available:

• The United States Medical Ventilator Market Report
• Canada Medical Ventilator Market Report

Frequently Asked Questions About the Market Study (FAQs):