Ventilator Test Systems Market Size, Share & Industry | 2031

Segments - Ventilator Test Systems Market by Types (Critical Care Ventilators, Neonatal Ventilators, and Transport & Portable Ventilators), Applications (Hospitals & Clinics, Home Care, Ambulatory Surgical Centers, and Emergency Medical Services), and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa) -Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

Author : Raksha Sharma

Fact-checked by : Vineet Pandey

Editor : Vishal Golekar

Report Description

The global ventilator test systems market size was USD 146.9 Million and is anticipated to expand USD 190.7 Million, expanding at a CAGR of 3.6% during forecast period, 2021-2028. The growth of the market is attributed to rising prevalence of chronic obstructive pulmonary disease and rapid growth of the healthcare industry.

Ventilator Test Systems Market Key Takeaways

A ventilator is a machine that pumps air at necessary pressure for inflating the lungs of a person who is unable to breath for certain medical reasons. This machine induces positive pressure to lungs, which is negative in the case of lungs during breathing. Ventilator has two valves present that helps in inhalation and exhalation of air.

Ventilator test systems are designed to test various parameters of ventilator performance such as to measure the flow of nitrous oxide, air, and oxygen and pressure. They are also used to measure parameters including volume, flow, respiratory rate, stacked volume, I:E ratio, and oxygen concentration.

Market Drivers, Restraints, Trends, and Opportunities

Increasing investment on the healthcare infrastructure is expected to positively influence the market growth.
The COVID-19 pandemic increased the demand for ventilators across the globe. This, in turn, encouraged healthcare companies increase their production, positively influencing the growth of the market.
Ongoing technological advancement in microprocessor-controlled ventilation systems is anticipated to create lucrative opportunities during the forecast period.

Scope of the Report

The report on the global ventilator test systems Market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report

Attributes	Details
Report Title	Ventilator Test Systems Market- Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2020
Historic Data	2018–2019
Forecast Period	2021–2028
Segmentation	Types (Critical Care Ventilators, Neonatal Ventilators and Transport & Portable Ventilators) and Applications (Hospitals & Clinics, Home Care, Ambulatory Surgical Canters and Emergency Medical Services)
Regional Scope	North America, Latin America, Europe, Asia Pacific and Middle East and Africa.
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	TSI, Fortive, USCOM, Seaward Electronic, Datrend System, IngMar Medical, Michigan Instruments, SunMed, Philips, and Instrumentation Industries

Global Ventilator Test System Market Segment Insights

Critical care ventilators segment to account a significant market share
Based on types, the market is segmented into critical care ventilators, neonatal ventilators, and transport & portable ventilators. The critical care ventilators segment is expected to anticipated to account for a significant market share during forecast period. Increasing number of COVID-19 cases is anticipated to spur the segment growth. Moreover, rising number of accidents is expected to drive the critical care ventilators segment growth.

Hospitals and clinics segment to exhibit a high CAGR
On the basis of applications, the market is divided into hospitals & clinics, home care, ambulatory surgical centers, and emergency medical services. The hospitals and clinics segment is expected to expand at a CAGR of 3.8% during forecast period. The hospitals and clinics segment is expected to account for more than 25% of the market share of the revenue in the projected timeline.

The home care segment is expected to exhibit a robust CAGR during the forecast period. Increasing prevalence of chronic diseases and rising geriatric population are driving the segment growth. Home care reduces the costs of healthcare, which encourages patients to deploy ventilators at home.

North America to dominate the market.
In terms of regions, the market is segmented into North America, Latin America, Europe, Asia Pacific and Middle East and Africa. The market in North America was valued around USD 43.7 Million in the year 2020, and is expected to dominate the market during the forecast period. Early adoption of latest technologies and presence of major industry players are driving the regional market growth. In North-America, the market in Canada is anticipated to expand at CAGR 3.2% during the forecast period 2021-2028. Whereas the market in Asia Pacific is anticipated to expand at a robust CGR owing to increasing government initiatives to increase the supply of ventilators and increasing number of manufacturers in emerging economies such as India and China.

Segments

Segments Covered in the Report
The global ventilator test systems market has been segmented on the basis of

Types

Critical Care Ventilators
Neonatal Ventilators
Transport & Portable Ventilators

Applications

Hospitals & Clinics
Home Care
Ambulatory Surgical Centers (ASCs)
Emergency Medical Services

Regions

North America
Asia Pacific
Europe
Latin America
The Middle East and Africa

Key Players

TSI
Fortive
USCOM
Seaward Electronic
Datrend System
IngMar Medical
Michigan Instruments
SunMed
Philips
Instrumentation Industries

Competitive Landscape

The major players of the market are TSI, Fortive, USCOM, Seaward Electronic, Datrend System, IngMar Medical, Michigan Instruments, SunMed, Philips and Instrumentation Industries. Companies are engaging in acquisition and mergers, research & development, and product development to expand their market share.

Ventilator Test Systems Market By Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ventilator Test Systems Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Ventilator Test Systems Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Ventilator Test Systems Market - Supply Chain
  4.5. Global Ventilator Test Systems Market Forecast
     4.5.1. Ventilator Test Systems Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Ventilator Test Systems Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Ventilator Test Systems Market Absolute $ Opportunity
5. Global Ventilator Test Systems Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Ventilator Test Systems Market Size and Volume Forecast by Types
     5.3.1. Critical Care Ventilators
     5.3.2. Neonatal Ventilators
     5.3.3. Transport & Portable Ventilators
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Ventilator Test Systems Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Ventilator Test Systems Market Size and Volume Forecast by Applications
     6.3.1. Hospitals & Clinics
     6.3.2. Home Care
     6.3.3. Ambulatory Surgical Centers (ASCs)
     6.3.4. Emergency Medical Services
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Ventilator Test Systems Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Ventilator Test Systems Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Ventilator Test Systems Demand Share Forecast, 2019-2026
8. North America Ventilator Test Systems Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Ventilator Test Systems Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Ventilator Test Systems Market Size and Volume Forecast by Types
     8.4.1. Critical Care Ventilators
     8.4.2. Neonatal Ventilators
     8.4.3. Transport & Portable Ventilators
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Ventilator Test Systems Market Size and Volume Forecast by Applications
     8.7.1. Hospitals & Clinics
     8.7.2. Home Care
     8.7.3. Ambulatory Surgical Centers (ASCs)
     8.7.4. Emergency Medical Services
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Ventilator Test Systems Demand Share Forecast, 2019-2026
9. Latin America Ventilator Test Systems Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Ventilator Test Systems Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Ventilator Test Systems Market Size and Volume Forecast by Types
     9.4.1. Critical Care Ventilators
     9.4.2. Neonatal Ventilators
     9.4.3. Transport & Portable Ventilators
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Ventilator Test Systems Market Size and Volume Forecast by Applications
     9.7.1. Hospitals & Clinics
     9.7.2. Home Care
     9.7.3. Ambulatory Surgical Centers (ASCs)
     9.7.4. Emergency Medical Services
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Ventilator Test Systems Demand Share Forecast, 2019-2026
10. Europe Ventilator Test Systems Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Ventilator Test Systems Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Ventilator Test Systems Market Size and Volume Forecast by Types
     10.4.1. Critical Care Ventilators
     10.4.2. Neonatal Ventilators
     10.4.3. Transport & Portable Ventilators
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Ventilator Test Systems Market Size and Volume Forecast by Applications
     10.7.1. Hospitals & Clinics
     10.7.2. Home Care
     10.7.3. Ambulatory Surgical Centers (ASCs)
     10.7.4. Emergency Medical Services
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Ventilator Test Systems Demand Share Forecast, 2019-2026
11. Asia Pacific Ventilator Test Systems Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Ventilator Test Systems Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Ventilator Test Systems Market Size and Volume Forecast by Types
     11.4.1. Critical Care Ventilators
     11.4.2. Neonatal Ventilators
     11.4.3. Transport & Portable Ventilators
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Ventilator Test Systems Market Size and Volume Forecast by Applications
     11.7.1. Hospitals & Clinics
     11.7.2. Home Care
     11.7.3. Ambulatory Surgical Centers (ASCs)
     11.7.4. Emergency Medical Services
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Ventilator Test Systems Demand Share Forecast, 2019-2026
12. Middle East & Africa Ventilator Test Systems Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Ventilator Test Systems Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Ventilator Test Systems Market Size and Volume Forecast by Types
     12.4.1. Critical Care Ventilators
     12.4.2. Neonatal Ventilators
     12.4.3. Transport & Portable Ventilators
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Ventilator Test Systems Market Size and Volume Forecast by Applications
     12.7.1. Hospitals & Clinics
     12.7.2. Home Care
     12.7.3. Ambulatory Surgical Centers (ASCs)
     12.7.4. Emergency Medical Services
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Ventilator Test Systems Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Ventilator Test Systems Market: Market Share Analysis
  13.2. Ventilator Test Systems Distributors and Customers
  13.3. Ventilator Test Systems Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. TSI
     13.4.2. Fortive
     13.4.3. USCOM
     13.4.4. Seaward Electronic
     13.4.5. Datrend System
     13.4.6. IngMar Medical
     13.4.7. Michigan Instruments
     13.4.8. SunMed
     13.4.9. Philips
     13.4.10. Instrumentation Industries