Italy Ventilator Market Overview, 2028
A ventilator is a piece of medical technology that offers mechanical ventilation by transferring breathable air in and out of the lungs to deliver breaths to a patient who is physically unable or insufficiently breathing. The segment is driven by the increasing prevalence of respiratory diseases and strategic activities by market players. According to updates in 2022 by World Data Atlas, in 2020, the incidence of tuberculosis in Italy was around 6.6 cases per 100,000 people. Thus, with the growing incidence of respiratory diseases, the demand for ventilators is expected to rise in the country, thereby boosting segment growth. Italy was one of the countries hardest hit by the COVID-19 pandemic in 2020. In March of that year, there were only around 2,000 ventilators in the country. This was not enough to meet the demand, and many patients died as a result. The Italian government responded by purchasing thousands of additional ventilators from other countries. It also worked to train more respiratory therapists. As a result of these efforts, Italy was able to increase its ventilator capacity to around 5,000 by the end of 2020. This helped to save many lives. Italy, like other European Union (EU) member states, follows the regulatory framework established by the EU for medical devices. The EU's regulatory pathway for ventilators involves conformity assessment procedures to ensure compliance with safety and performance requirements. The CE marking is essential for market entry in Italy and the broader EU. Manufacturers seeking to enter the Italian ventilator market must work with designated Notified Bodies. These independent organizations assess and certify that the ventilators meet the essential requirements outlined in EU regulations. Compliance with applicable standards is crucial for obtaining CE certification.
According to the research report ""Italy Ventilator Market Overview, 2028,"" published by Bonafide Research, the Italy Ventilator market is expected to reach market size of more than USD 200 Million by 2028. The integration of telemedicine and remote monitoring capabilities in ventilators enhances patient care. The ability to monitor and adjust ventilator settings remotely contributes to more efficient healthcare delivery, especially in cases of homecare and post-discharge monitoring. As healthcare infrastructure expands in emerging markets within Italy, there is a corresponding increase in the demand for medical equipment, including ventilators. Government investments to improve healthcare accessibility in rural or underserved areas drive market growth. Partnerships and collaborations with academic institutions contribute to research and development efforts in the ventilator market. These collaborations can lead to the development of cutting-edge technologies and solutions. Patients are becoming more involved in their healthcare decisions. The availability of information and choices regarding ventilator options allows patients and their families to make informed decisions based on preferences and individual needs. Changes in epidemiological trends, such as the emergence of new respiratory diseases or shifts in the prevalence of existing conditions, can influence the demand for ventilators. Healthcare planning and market dynamics respond to evolving disease patterns. The incorporation of artificial intelligence and machine learning algorithms in ventilators can optimize ventilation management. AI-driven features, such as predictive analytics and adaptive ventilation, improve patient outcomes and enhance the efficiency of ventilator use. Italy is known for its advanced healthcare infrastructure and medical expertise. Medical tourism, where individuals travel to Italy for medical treatments, including respiratory care, can contribute to the demand for ventilators.
Ventilator machines within the Instruments/Ventilator Machines segment are likely to lead the market due to their widespread use in hospital critical care settings. These ventilators are essential for providing life-saving respiratory support to patients in intensive care units (ICUs) and high-dependency units. Ventilator machines are extensively used in the treatment of various respiratory disorders, such as acute respiratory distress syndrome (ARDS), pneumonia, and chronic obstructive pulmonary disease (COPD). Given the prevalence of respiratory conditions in the adult population, the demand for ventilator machines remains high. Instruments/Ventilator Machines are crucial components in emergency response and preparedness, especially in situations such as the COVID-19 pandemic. The ability of ventilators to provide respiratory support during emergencies, outbreaks, or disasters is a key factor in their market leadership. In addition based on type, Neonates, infants, and pediatric patients have distinct respiratory physiology and ventilation needs compared to adults. Ventilators designed specifically for this demographic address these unique requirements, ensuring precise and tailored respiratory support. The demand for specialized equipment in pediatric care can drive the high CAGR in this segment. There may be an observed increase in the prevalence of respiratory conditions among neonates, infants, and pediatric patients. Conditions such as respiratory distress syndrome (RDS), bronchiolitis, and congenital anomalies can necessitate the use of ventilators for respiratory support, driving the demand for pediatric-specific ventilators. Furthermore in terms of end user, the prevalence of chronic respiratory conditions, such as chronic obstructive pulmonary disease (COPD) and sleep apnea, has been on the rise. Ventilators designed for home use cater to individuals with these conditions, providing long-term respiratory support in a home setting. Home healthcare allows for a more patient-centered approach, where individuals have greater autonomy and control over their healthcare. Ventilators in the Home Healthcare segment support this approach, allowing patients to participate actively in their treatment and daily activities.
Considered in this report:
• Geography: Italy
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028
Aspects covered in this report:
• Italy Ventilator market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
By Mobility
• Instruments/ Ventilator Machines
• Portable/transportable Ventilators
By End User
• Hospitals
• Ambulatory Surgical Centers
• Home Healthcare
• Others
By Indication
• Cardiovascular Disorders & Hypertension
• Cancer
• Respiratory Diseases
• Diabetes
• Movement Disorders
• Wound Care
• Pregnancy
• Hearing Disorders
• Other Indications
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.
Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Ventilator industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.