Global Mechanical Ventilators Market is poised to gain substantial traction between 2023 and 2032, owing to the increasing number of critical care and ICU beds across the globe, resulting from the increasing cases of chronic disorders and aging population.

In addition, the COVID-19 pandemic also led to a sudden surge in the demand for mechanical ventilators, which will continue to impact the market demand during the next decade. For instance, the requirement for mechanical ventilators increased in the USA in the COVID-19 realm, leading to the purchase of mechanical ventilators by healthcare systems, hospitals, and jurisdictional authorities.

Overall, the mechanical ventilators market is segmented in terms of mode, product, end-use, application, interface, ventilator type, and region.

Based on the product, the portable ventilators segment is set to amass sizeable growth through 2032. Since portable ventilators enable easy transportation of critical patients and are laced with advanced features such as advanced ventilation modes and high-flow oxygen therapy, their demand will increase in the next decade.

In terms of interface, the invasive ventilation segment accounted for more than 75% market share in 2022. The increasing cases of acute respiratory distress syndrome among COVID-19 patients will be the primary reason driving the segment demand.

On the basis of application, the homecare application segment is set to grow at more than 2% CAGR throughout 2023-2032. The segmental expansion will come from the increasing cases of hospital-borne infections and the growing focus of key market players in manufacturing ventilators for homecare applications. A WHO report claims that out of 100 patients who are in acute-care hospitals, approximately 22 patients contract healthcare-associated infections (HAIs). Amongst them, 10% of the total number of patients die from HAIs.

In the context of mode, the combined ventilator segment is set to amass noticeable growth by 2032. As combined ventilators can control volume and pressure, apart from ensuring reduced work-of-breathing while maintaining minimum tidal volume, they are being increasingly adapted for patients requiring personalized care.

In the regional purview, the mechanical ventilators industry is anticipated to grow at a sturdy rate in the Asia Pacific region through 2032. The regional market growth will result from beneficial government initiatives to reduce the prevalence of chronic respiratory cases, increased healthcare spending, and expanding geriatric population. A report claims that between 2010 and 2019, the per capita health spending increased by 65% in the low and lower-middle-income APAC countries.