PDF Cover

Mechanical Ventilator Market

The market for Mechanical Ventilator was estimated at $3.7 billion in 2024; it is anticipated to increase to $5.0 billion by 2030, with projections indicating growth to around $6.4 billion by 2035.

Report ID:DS1801040
Author:Debadatta Patel - Senior Consultant
Published Date:
Datatree
Life Science
Medical Device
Mechanical Ventilator
Share
Report Summary
Market Data
Methodology
Table of Contents

Global Mechanical Ventilator Market Outlook

Revenue, 2024

$3.7B

Forecast, 2034

$6.1B

CAGR, 2025 - 2034

5.1%

The Mechanical Ventilator industry revenue is expected to be around $3.9 billion in 2025 and expected to showcase growth with 5.1% CAGR between 2025 and 2034. Growing investment in mechanical ventilation devices by hospitals, emergency centres and surgical clinics highlights the increasing clinical and economic importance of the mechanical ventilator industry. It is this increased investment which is seen in managing conditions such as chronic obstructive pulmonary disease and acute respiratory failure as well as perioperative care. Ventilators capable of treating patients with invasive and non invasive ventilation requirements are demanded due to a growing need for intensive care unit equipment. This is due to increased infection control standards, ICU space expansion and various patients. The critical care/resuscitation segment, combined with the mechanical ventilator region, constitutes 73.1% of all Mechanical Ventilator sales. The ventilators used in intensive care units therefore play a major role in a hospitals infrastructure. Non invasive ventilators produced $2.04 billion in revenue in 2024 and are the dominant of mechanical ventilator. There is therefore a shift in the way the ventilators are used. This shift is characterised by less invasive assistance with breathing which causes patients less distress, better monitoring of patients and more efficient processes for healthcare staff.

Fully or partially assisting a patients breathing, the mechanical ventilator is a vital piece of equipment which offers respiratory support. This is achieved through the use of controllable volumes or pressures of air which contains a high percentage of oxygen. This device can offer different ways of ventilating the lungs, real time monitoring and alarm system. Modern ventilators for medical use have a number of significant features. These comprise user friendly controls that healthcare workers can use and sophisticated sensors which allow precise levels of oxygen and other gases to be administered to patients. Ventilators can also be set to change the amount of gas supplied in response to the patients needs and so protect the lungs. The machine may also be linked up to a hospitals computer systems. This equipment is used in many parts of hospitals including in intensive care units, operating theatres where anaesthetic gas is administered, accident and emergency departments, for resuscitation, in intensive care wards for new born babies and children, in hospital wards where patients are moved from one department to another and in the home for patients who have got severe lung problems and need oxygen for the rest of their lives. The growing need for advanced critical care ventilators is partly due to the preference for non invasive ventilation techniques. Portable ventilators are also gaining popularity due to their compact size. Many manufacturers are now incorporating advanced technology into their ventilators to improve patient recovery processes. There is also growing concern to ensure that there is sufficient supply of ventilators during global health crises.

Mechanical Ventilator market outlook with forecast trends, drivers, opportunities, supply chain, and competition 2024-2034
Mechanical Ventilator Market Outlook

Market Key Insights

  • The Mechanical Ventilator market is projected to grow from $3.7 billion in 2024 to $6.1 billion in 2034. This represents a CAGR of 5.1%, reflecting rising demand across Intensive Care Unit Ventilation, Anesthesia-related Ventilation, and Long-term Ventilation at Home.

  • Companies of the calibre of Boston Scientific Corporation, Abbott and Medtronic are key in determining the competitive profile on the market for implantable cardioverter defibrillators.

  • The US and Germany are the largest consumers of mechanical ventilators and are expected to grow at a CAGR of 3.3% and 4.9% respectively from 2024 to 2030.

  • Growth in emerging markets, which include those of India, Vietnam and Mexico, should be greatest with compound annual growth rate in the range of 5.9% to 7.0%.

  • Advances in technology are expected to have a greater influence on the value chain in the US and German markets, potentially increasing the Mechanical Ventilator industry revenue by $115 million by 2030.

  • Between 2024 and 2034, the global demand for mechanical ventilators is predicted to increase by $2.4 billion. This rise in the Mechanical Ventilator market will be largely due to the Resuscitation & Anesthesiology Application category of these devices.

  • The increasing incidence of respiratory diseases has been accompanied by advancements in the technology used in mechanical ventilators. A rise of 64% is forecast for the demand for mechanical ventilators between 2024 and 2034.

mechanical ventilator market size with pie charts of major and emerging country share, CAGR, trends for 2025 and 2032
Mechanical Ventilator - Country Share Analysis

Opportunities in the Mechanical Ventilator

In underdeveloped region's, military medical staff and emergency services are also hindered by the ventilators they use. These are normally bulky and require electricity. Currently portable, battery powered devices that support invasive and non invasive modes and are ruggedised for heat, dust and vibration exist in a small way. Enhanced collaboration between ambulance networks, NGOs and defense ministries along with the integration of telemedicine could accelerate adoption of the drones. The compact, non invasive and hybrid modes of transport ventilators will be the ones which grow the most. This growth will increase the current popularity of non invasive ventilators in emergency situations.

Growth Opportunities in North America and Asia-Pacific

The demand for mechanical ventilators in North America is currently being driven by the healthcare sector, specifically in critical care settings. The intensive care units have driven this demand, mainly for ventilators capable of respiratory support. Given the high level of competition within the market, multinationals and regional manufacturers are focusing on lifecycle service contracts, standardising fleets and integrating with hospital systems. New market entrants should therefore target niche region's such as clinical decision support tools, home based care for chronic respiratory conditions and portable ventilators for high acuity transfers. The regions heavy investment in the medical facilities, strict healthcare standards and high prevalence of chronic respiratory disease will ensure that hospitals continue to see the need for intensive care services. This will in turn drive the demand for high quality equipment.
The Asia Pacific market for mechanical ventilators is influenced by a rapid expansion of the healthcare infrastructure. The primary application remains critical care, however, an increase in demand for resuscitation use in emergency and pre hospital care settings is observed. Scalable ventilator platforms are able to span both ICU respiratory support and emergency transport. With the emergence of local manufacturers who can supply goods at competitive prices alongside international companies, the market for intensive care ventilators and portable ventilators has changed. For medical equipment suppliers to secure contracts with the government and private hospitals, they must produce medical ventilators which are locally made and have a simplified user interface as well as be rugged. The growth in the population and the growth in surgical procedures both contribute to an increased demand for ventilators used in anesthetic procedures. This high demand will continue because governments are investing in hospitals. To cater to this growing need, it is wise to use a combination of products, education and maintenance services.

Market Dynamics and Supply Chain

01

Driver: Rising Prevalence of Respiratory Diseases and Increasing ICU Admissions Driving Ventilator Demand

The growing prevalence of chronic respiratory diseases, including COPD, asthma, and pneumonia, is also a primary driver for the mechanical ventilator market. Increasing incidence of these conditions, fueled by aging populations, air pollution, and lifestyle-related factors, also creates higher demand for acute respiratory support across hospitals. Simultaneously, rising intensive care unit admissions due to critical illnesses, post-surgical complications, and infectious outbreaks like COVID-19 and influenza have also amplified the need for advanced ventilatory support. Hospitals now require high-performance, ICU-grade ventilators capable of managing diverse patient populations, from adults to neonates. Technological innovations, such as adaptive ventilation modes, real-time monitoring, and smart alarm systems, allow clinicians to optimize respiratory care, reduce complications, and improve outcomes. These dual factors escalating respiratory disease burden and increasing ICU admissions synergistically expand ventilator adoption globally, driving investments by healthcare providers in both critical care infrastructure and portable ventilator solutions.
The development of portable and non-invasive ventilators is also significantly boosting market growth by enabling respiratory support outside hospital settings. Lightweight, battery-operated ventilators facilitate home care for chronic patients, while advanced interfaces and non-invasive modes reduce infection risk and improve patient compliance. Integration with telemedicine platforms and remote monitoring allows clinicians to track patient health in real-time. These innovations are also particularly valuable for long-term home ventilation and emergency respiratory care, expanding market reach beyond traditional ICU and operating room applications.
02

Restraint: High Cost of Advanced Ventilators and Budget Constraints in Healthcare Facilities

The high purchase and maintenance costs of advanced mechanical ventilators limit adoption, especially in low‑ and middle‑income regions. Many facilities struggle to justify investment in premium ICU ventilators with adaptive modes and integrated monitoring when budgets are constrained. For example, smaller hospitals may opt for basic models, reducing overall market revenue for high‑end equipment. This cost barrier slows demand growth and delays upgrades to modern ventilator fleets, impacting overall market dynamics.
03

Opportunity: Non-invasive home mechanical ventilation for COPD and sleep-apnea patients in aging China and India and Advanced invasive ICU ventilators for tertiary-care hospitals in Latin America facing surgical and trauma burdens

Worldwide non invasive ventilator sales have significantly surpassed those of invasive systems. They produced sales worth approximately $2 billion in 2024 and could be worth $2.85 billion by the year 2030. This represents a compound annual growth rate of 5.73%. In China and India, home care of patients with chronic obstructive pulmonary disease and sleep apnea is underdeveloped due to the high costs of care. This limited development is also due to a lack of reimbursement for these services. Companies which localise quiet cloud connected devices which are able to monitor patients remotely team up with health care providers and insurance companies can bring in recurring revenue through the sale of non invasive ventilators that come in bilevel and pressure support modes, with these latter twos of machines increasing in sales fastest.
By the year 2030, invasive ventilators are forecast to reach 2.13 billion US dollars. In 2024, these devices will be worth approximately 1.65 billion US dollars. This growth is anticipated to be due to procedures in intensive care units and will have a compound annual growth rate of 4.3%. South America's hospitals which have intensive care facilities are equipping them with the best equipment available, but the machinery they are using is often outdated and lacks some of the more modern monitoring techniques. Companies that introduce modular invasive ventilation platforms which can be combined with analytics and service contracts may attract orders. High end ICU ventilators used in intensive care for patients who have undergone surgery, suffered traumas or sepsis are the market growth leaders in different regions.
04

Challenge: Shortage of Skilled Respiratory Therapists and Technical Training Challenges

A persistent shortage of trained respiratory therapists and clinical staff capable of operating complex ventilator systems hampers market growth. Even when hospitals acquire modern devices, inadequate training can lead to suboptimal use, reduced clinical confidence, and safety concerns. For instance, healthcare facilities may underutilize advanced features due to staff unfamiliarity, limiting operational effectiveness and discouraging further investment in high‑tech ventilators, thus altering demand behavior.

Supply Chain Landscape

1

Respiratory Components Supply

HoneywellSensirionTE Connectivity
2

Mechanical Ventilator Manufacturing

MedtronicMicroPort Scientific CorporationPhilips Healthcare
3

Critical Care Distribution

AbbottBoston Scientific CorporationBIOTRONIK
4

Intensive Care Usage

HospitalsIntensive care unitsHomecare settings
Mechanical Ventilator - Supply Chain

Use Cases of Mechanical Ventilator in Intensive Care Unit Ventilation & Long-term Ventilation at Home

Intensive Care Unit Ventilation : Mechanical ventilators are essential for intensive care unit ventilation, where critically ill patients with respiratory failure, acute respiratory distress syndrome, or post‑operative needs require advanced life support. High‑end critical care ventilators with invasive and non‑invasive modes provide precise control of pressure, volume, and oxygenation tailored to individual lung mechanics, reducing complications and improving survival outcomes. Leading players such as Drägerwerk AG, Medtronic, GE Healthcare, Hamilton Medical, and Getinge offer ICU ventilators with adaptive ventilation modes, real‑time monitoring, and alarm systems that support clinicians in high‑acuity settings, reinforcing their strong positions in hospital critical care infrastructure. These systems dominate the ICU segment due to their versatility across adult, pediatric, and neonatal care requirements.
Anesthesia-related Ventilation : In anesthesia‑related ventilation during surgical procedures, mechanical ventilators ensure patients maintain effective breathing under general anesthesia and sedation. In operating rooms, transportable and compact ventilators provide controlled ventilation with adjustable tidal volumes and respiratory rates, supporting anesthesiologists in perioperative respiratory management. Devices from Philips, Dräger, and GE Healthcare are commonly integrated with anesthesia workstations to deliver synchronised ventilation throughout surgical interventions. These systems enhance safety through features such as customizable ventilation modes, integrated respiratory monitoring, and responsive alarm systems, enabling seamless care from induction to recovery. Their adaptability and reliability make them crucial tools in operative environments.
Long-term Ventilation at Home : Mechanical ventilators designed for long‑term home ventilation support patients with chronic respiratory conditions, neuromuscular disorders, or chronic obstructive pulmonary disease who require ongoing respiratory assistance outside hospital settings. Portable, non‑invasive ventilators with battery operation allow patient mobility and independence while maintaining effective breathing support. Manufacturers such as ResMed, Philips, and Hamilton Medical provide home use ventilators with user‑friendly interfaces, telehealth connectivity, and adaptive modes to suit individual needs. Growth in home healthcare and aging populations has increased demand for these devices, with insurers and healthcare systems expanding coverage for home ventilator care due to improved quality of life and reduced hospital readmissions.

Recent Developments

Mechanical ventilator markets are advancing with innovations in portable, non‑invasive and AI‑enabled respiratory support systems, improving ICU care and home ventilation. A key trend is integration of smart sensors, remote monitoring and predictive algorithms that enhance patient outcomes and reduce clinician workload. Hospitals are investing in adaptive ventilation modes and tele‑critical care solutions to expand capacity. Demand is also rising for lightweight, battery‑powered ventilators that support long‑term care and emergency transport, reshaping respiratory therapy and critical care delivery.

October 2024 : Nihon Kohden America expanded distribution of its NKV‑440 Ventilator System to more healthcare providers, enhancing access to advanced respiratory support.
February 2024 : Medtronic officially announced it will exit the ventilator business and discontinue products such as the Puritan Bennett series, combining respiratory units into a new Acute Care & Monitoring organization due to unprofitability and slowing growth.

Impact of Industry Transitions on the Mechanical Ventilator Market

As a core segment of the Medical Device industry, the Mechanical Ventilator market develops in line with broader industry shifts. Over recent years, transitions such as Technological Advancements and Rise of Portable Ventilators have redefined priorities across the Medical Device sector, influencing how the Mechanical Ventilator market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.
01

Technological Advancements

Key changes in the development of mechanical ventilators, including the integration of adaptive support ventilation and high frequency oscillating ventilation, are causing a shift in the way value is created in the respiratory care industry. The USA and Germany are now driving growth in this sector. Advanced critical care ventilators can enhance breath synchronisation, automatically adjust for leaks in ventilators and centre their treatment on the patient, leading to improved treatment results. This also enables manufacturers to charge more for the equipment and to use the ventilators more often. By 2030 the market for mechanical ventilators should be worth an extra $115 million due to hospital purchases of more sophisticated ICU ventilators and the incorporation of more intelligent monitoring systems and tools that streamline work processes.
02

Rise of Portable Ventilators

The rise of portable ventilators is transforming the mechanical ventilator market by enabling patient-centric care beyond traditional hospital settings. Lightweight, battery-operated devices allow individuals with chronic respiratory conditions or post-ICU needs to receive ventilation support at home, improving mobility and quality of life. This shift drives growth in home healthcare services, telemedicine, and remote patient monitoring, as clinicians can track and adjust therapy in real time. It also impacts medical device suppliers and respiratory therapy providers, who now develop compatible accessories and training programs. By reducing hospital dependency, portable ventilators help lower healthcare costs, expand service accessibility, and stimulate innovation in wearable and non-invasive respiratory support technologies, fostering cross-industry collaboration in connected health and patient-centered care solutions.