Mechanical Ventilator companies

  • Report ID: 6363
  • Published Date: Sep 18, 2025
  • Report Format: PDF, PPT

Mechanical Ventilator Market Players:

    The mechanical ventilator market is highly competitive, with several major players dominating the landscape based on technological advancements and strategic acquisitions. The major players involved in this business include Medtronic, Getinge, and Nihon Kohden in the lead, although each radiates its expertise in controlling a significant share of the market. There is continual investment by these companies in research and development to come up with new innovative products that can meet the emerging needs of healthcare providers. The intensity of competition is further increased by key regional players such as Air Liquide Medical Systems and Dräger, which focus on localized strategies to gain a high share of the market.

    Here are some leading players in the mechanical ventilator market:

    • Koninklijke Philips N.V.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Getinge AB
    • Medtronic
    • Hamilton Medical
    • General Electric Company
    • ICU Medical, Inc.
    • Vyaire Medical Inc.
    • Drägerwerk AG & Co. KGaA
    • ZOLL Medical Corporation
    • Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2026, the industry size of mechanical ventilator is evaluated at USD 5.76 billion.

The global mechanical ventilator market size exceeded USD 5.23 billion in 2025 and is set to expand at a CAGR of around 11.2%, surpassing USD 15.12 billion revenue by 2035.

The North America mechanical ventilator market will dominate around 52% share by 2035, driven by high investment in medical technologies and advanced patient care in the U.S.

Key players in the market include Getinge AB, Medtronic, Vyaire Medical Inc., Drägerwerk AG & Co. KGaA, Koninklijke Philips N.V., Hamilton Medical, General Electric Company, ICU Medical, ZOLL Medical.
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