Portable Medical Ventilator Market Size

  • Report ID: 6710
  • Published Date: Nov 19, 2024
  • Report Format: PDF, PPT

Portable Medical Ventilator Market Size

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.


Portable Medical Ventilator Market overview
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Author Credits:  Radhika Pawar


  • Report ID: 6710
  • Published Date: Nov 19, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the portable medical ventilator market was estimated at over USD 8.1 billion.

The market size of the portable medical ventilator market is projected to cross USD 21.7 billion by the end of 2037 expanding at a CAGR of 8.5% during the forecast period i.e., between 2025-2037.

The major players in the market are Hamilton Medical AG, Fisher & Paykel Healthcare Limited, Zoll Medical Corporation, ResMed Inc., VYAIRE Medical Inc., and others.

Based on mobility, the intensive care ventilator segment is anticipated to garner the largest market share of 78.9% by 2037 and display lucrative growth opportunities during 2025-2037.

The market in North America is projected to hold the largest market share of 57.8% by the end of 2037 and provide more business opportunities in the future.
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