Portable Medical Ventilator Market Trends

Growth Drivers

• Rising prevalence of respiratory disease: The growing incidences of respiratory diseases, coupled with an aging population, pollution, and lifestyle changes, raise the demand for devices for respiratory support. For instance, in October 2024, it was published that due to growing air pollution, the incidences of respiratory disease in patients have risen to 10-15%. These mobile ventilators provide mobility and ease in longer-term care and emergency cases. The rising burden of respiratory diseases demands easier access to and higher efficiency in ventilatory support, which, in turn, accelerates the growth of the portable ventilator market.
• Government initiatives and healthcare infrastructure investments: Most governments worldwide realized the need to strengthen health systems, especially in light of the COVID-19 pandemic and the rising burden of chronic respiratory diseases.  For instance, in July 2020, Advanced Medtech and Seeds Capital invested USD 10 million in ABM Respiratory Care’s series A round. This investment aimed at bringing telehealth ventilators and other significant devices to patients. Thus, funding for medical technologies such as portable ventilators has skyrocketed. Investments are designed to help improve access to care, boost disaster preparedness, and ensure better delivery of healthcare in general to underserved populations and in resource-poor areas.

Challenges

• Battery life and power supply: The significant challenge to the growth of the portable medical ventilator market is battery life and power supply. Portable medical ventilators largely function on continuous and reliable power sources for effective working. With unreliable access to power sources, this problem is aggravated in remote and emergency environments that can cause interruptions in ventilation and patient safety. These challenges will contribute to the restrictions on the reliability and applicability of portable ventilators in certain healthcare facilities thus restricting growth in the market.
• Limited availability in rural and underserved areas: The unprivileged areas lack the healthcare infrastructure, resources, and personnel to fully deploy and maintain such devices. Logistical challenges combined with the economic constraints of distributing high-tech medical equipment in rural areas limit access to portable ventilators. This limitation restricts the scale of market size as often, such areas greatly require affordable and accessible medical solutions, which have been restricted from acquiring life-saving technologies. Subsequently, the advancement of portable ventilator markets is hindered, especially for the low-income and rural regions whose disparities in healthcare are most highlighted.