Global Medical Ventilator Market Growth 2025-2031

The global Medical Ventilator market size is predicted to grow from US$ 1092 million in 2025 to US$ 1321 million in 2031; it is expected to grow at a CAGR of 3.2% from 2025 to 2031.

A Medical Ventilator is a form of artificial respiratory assistance machinery that is designed for providing ventilation to patients that are struggling with breathing. The task of assisting individuals with their breathing is highly delicate. For this, utmost reliability and safety of the equipment is critical.

Global Medical Ventilator key players include Getinge, Draeger, Hamilton Medical, Mindray, Philips Healthcare, etc. Global top five manufacturers hold a share about 65%.

Americas is the largest market, with a share over 55%, followed by Europe and APAC, both have a share about 40%.

In terms of product, Non-invasive Medical Ventilator is the largest segment, with a share over 65%. And in terms of application, the largest application is Critical Care, followed by Transport & Portable.

LP Information, Inc. (LPI) ' newest research report, the “Medical Ventilator Industry Forecast” looks at past sales and reviews total world Medical Ventilator sales in 2024, providing a comprehensive analysis by region and market sector of projected Medical Ventilator sales for 2025 through 2031. With Medical Ventilator sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medical Ventilator industry.

This Insight Report provides a comprehensive analysis of the global Medical Ventilator landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Medical Ventilator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Medical Ventilator market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medical Ventilator and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medical Ventilator.

This report presents a comprehensive overview, market shares, and growth opportunities of Medical Ventilator market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

Non-Invasive Medical Ventilator

Invasive Medical Ventilator

Segmentation by Application:

Critical Care

Transport & Portable

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

Hamilton Medical

Getinge

Draeger

Philips Healthcare

Medtronic

Resmed

Vyaire Medical

GE Healthcare

WEINMANN

Mindray

Lowenstein Medical Technology

Siare

Heyer Medical

Aeonmed

EVent Medical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Medical Ventilator market?

What factors are driving Medical Ventilator market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Medical Ventilator market opportunities vary by end market size?

How does Medical Ventilator break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.