Portable Medical Ventilator Market size was estimated at USD 8.1 billion in 2024 and is projected to attain USD 21.7 billion in 2037, surging at a CAGR of 8.5% during the forecast period i.e. 2025 to 2037. In 2025, the industry size of portable medical ventilator is evaluated at USD 8.8 billion.
The portable medical ventilator market, indeed, has grown manifold in the last couple of years owing to the rapid healthcare technology advancement and emergency preparedness. With global healthcare systems seeking to improve the quality of patient care and extend the reach of life-saving treatments, demand for portable ventilators. For instance, in March 2022, IIT Hyderabad developed a low-cost, portable, and IoT-based ventilator with lithium-ion battery power. Moreover, this portable ventilator was initiated to be marketed for commercial purposes.
Apart from this, technological advancements that have made ventilators highly portable, user-friendly, and economical also promote this market further. For instance, in March 2023, Superior Sensor Technology announced proprietary pressure sensor technology. It enables improved ventilator response time and eliminates system noise of ventilators and high-flow oxygen equipment to reduce patient-ventilator dyssynchrony. Some of the other significant contributors to the demand for portable ventilators include investments in healthcare infrastructure by the government, especially in emerging economies, increasing emphasis on disaster response, and patient transport. All these factors combined underpin a robust market outlook for portable medical ventilators as critical components in modern respiratory care.
Growth Drivers
Challenges
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
8.5% |
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Base Year Market Size (2024) |
USD 8.1 billion |
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Forecast Year Market Size (2037) |
USD 21.7 billion |
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Regional Scope |
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Mobility (Intensive care, Portable)
The intensive care segment is expected to hold portable medical ventilator market share of over 78.9% by the end of 2037, owing to the growing adoption across various healthcare settings. Intensive care ventilators are specifically designed to provide high-performance advanced respiratory support to critically ill patients, making them indispensable in emergency medical services where rapid intervention is required. For instance, in June 2021, ISRO developed Prana. It is a portable, low-cost critical care ventilator that uses an Ambu (Artificial Manual Breathing Unit) bag that is automatically compressed. Thus, intensive care ventilator is expected to gain momentum forward as it progresses through technological up-gradation and rising interest in emergency and critical care solutions.
Interface (Invasive, Non-invasive)
The invasive ventilators segment is projected to dominate the portable medical ventilators market attributable to their capability of delivering high levels of ventilatory support. In addition, it renders better control over parameters such as pressure, volume, and oxygenation. For instance, in July 2024, Noccarc received a much sought-after Bureau of Indian Standards (BIS) Certification IS 13450: Part 2: SEC 12:2023 certification for its much-acclaimed Made-in-India ICU Ventilator, Noccarc V730i. The Noccarc V730i includes modes of invasive and non-invasive ventilation along with revolutionary remote monitoring features via mobile phones, thus making critical care completely seamless and efficient.
Our in-depth analysis of the market includes the following segments:
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Mobility |
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Product |
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Interface |
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Age Group Mode |
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North America Market Statistics
By 2037, North America portable medical ventilator market is predicted to account for around 57.8% revenue share. The region boasts tremendous technological advancements in which companies focus more on compact user-friendly ventilators with smart features that include remote monitoring and data analytics. This is also instrumental to the increasing demand for home care as portable ventilators find a huge demand for patients requiring long-term respiratory support outside of the clinical environment.
Well-established healthcare infrastructure and favorable reimbursement policies in the U.S. raise the ante for market growth. More innovation into fast-tracking advanced ventilator solutions in the market has been spurred by regulatory agencies, such as the FDA, through the simplification and hastening of the review of medical device approval. For instance, in November 2023, an umbrella (Emergency Use Authorization (EUA)) issued by the FDA permits the emergency use of specific ventilators, ventilator tubing connectors, ventilator accessories, and anesthesia gas machines.
In Canada, health emergencies require prior preparedness due to the increased awareness brought about by the COVID-19 pandemic, and the increasing demand for portable ventilators as an essential disaster response and preparedness component. For instance, in April 2020, Ventilators for Canadians partnered with Baylis Medical, to produce ventilators for hospitals all over the country. With the recent announcement of the Government of Canada's support for firms that produce essential medical supplies, Baylis can contribute to the care of patients affected by the COVID-19 virus.
Asia Pacific Market Analysis
Asia Pacific is the most rapidly growing region in the portable medical ventilator market, driven by the trend of increasing affordability of medical devices. The capabilities and skills of local manufacturers have made these devices accessible and innovative in urban and rural regions. In addition, the growing focus on disaster preparedness is driving the market to develop and equip itself with the latest and most efficient solutions to meet the demand consistently.
The primary growth driver for the portable medical ventilator market in China is that the country is increasing in popularity amongst patients, traveling from nearby regions to get advanced medical treatment. Consequently, local manufacturers have mitigated their costs for these medical devices to make them reach wider regions. For instance, in April 2020, as the world's demand for life-saving devices soared due to the coronavirus pandemic, China ventilator manufacturers worked consistently to increase supply. Thus, became one of the largest suppliers at that time.
The market in India is evolving at a steady pace as it embraces inventions in existing technologies to combat the growing instances of respiratory diseases. The breakthrough of studies and research allow the players in the market to remain competitive and offer reliable solutions in the portable medical ventilators market. For instance, in September 2021, Noccarc, a Pune-based startup, installed more than 3000 of its flagship V310 ventilators in more than 500 hospitals nationwide.
The top-notch key players in the portable medical ventilator market are stimulated to manufacture innovative and effective solutions for delivering better and timely patient care. In addition, the growing geriatric population tends to seek home care settings with portable ventilators. Moreover, the preterm birth of children also pushes the demand for players to develop inventive devices.
Here’s the list of some key players:
Author Credits: Radhika Pawar
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