Middle East & Africa Ventilator Market

Middle East & Africa Ventilator Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Mobility (Intensive Care Ventilators and Portable/Transportable Ventilators); Type (Adult/Pediatric Ventilators and Neonatal/Infant); Interface (Invasive and Non-Invasive); Mode (Combined Mode Ventilation, Volume Mode, Ventilation, Pressure Mode Ventilation, Neurally Adjusted Ventilatory Assist (NAVA), Inverse Ratio Ventilation (IRV), Prone Ventilation, High-Frequency Oscillatory Ventilation (HFOV), High-Frequency Percussive Ventilation (HFPV), and Others); End User (Hospitals and Clinics, Home Care, Ambulatory Care Centers, and Emergency Medical Services (EMS)) and Country

Publication Month : Oct 2020

  • Report Code : TIPRE00015444
  • Category : Medical Device
  • Status : Published
  • No. of Pages : 159
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The Middle East & Africa ventilator market is expected to reach US$ 597.34million in 2027 from US$ 222.63million in 2019. The market is estimated to grow with a CAGR of 10.7% from 2020-2027.

Ventilators are lifesaving machine mostly used among patients with breathing problem. Ventilators provide mechanical ventilation by moving breathable air in and out of the lungs. They are used to deliver breaths to patients that are physically unable to breathe in their own. These help the body to concentrate on fighting infection or recovering; and breathe for a patient who is unconscious because of a severe infection, buildup of toxins, or drug overdose. The scope of the ventilator market includes mobility, type, mode, interface, end user, and region.

Saudi Arabia Ventilator Market Revenue and Forecasts to 2027 (US$ MN)

Saudi Arabia Ventilator Market Revenue and Forecasts to 2027 (US$ MN)
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Market Insights-

Pandemic Detrimental Impact of Covid-19 Pandemic

There has been a rise in various respiratory disorders due to the growing pollution, tobacco consumption, unhealthy lifestyle, and eating habits. Commonly occurring respiratory conditions include chronic obstructive pulmonary disease (COPD), asthma, acute lower respiratory tract infections, tuberculosis, and lung cancer are among the most common causes of severe illness and death globally. These diseases can cause acute respiratory failure, treatment of which requires mechanical ventilation. Growing prevalence of respiratory diseases and coronavirus diseases in South Africa Will generate the demand for ventilator. South Africa, which now has the world’s sixth highest infection burden of around 618,286 confirmed cases, launched a 250 million rand ($14.80 million) project in April to make them here. The first of thousands of South African-designed ventilators rolled off a Cape Town assembly line in July 2020, the country is responding to requests from hospitals needing them for severe COVID-19 cases but unable to get them on global markets. Rising COVID-19 cases, and the seriously ill patient is owing the demand of ventilators worldwide. To fulfill the requirement of ventilator, in light of the Covid-19 pandemic, UAE researchers have built a ventilator prototype in just eight weeks. The project team created the M061 ventilator system, a modular and scalable prototype, relying on interchangeable components that are easy to source and integrate, in an effort to circumvent the worldwide scarcity of crucial medical supplies. Additionally, according to report of Dubai in June 2020, Dubai Future Foundation (DFF) has launched an innovative l ventilator prototype to support frontline healthcare workers supporting patients affected by COVID-19. Moreover, the team has assembled an interdisciplinary team of experts to develop ventilator that would also contribute to the international open source network that has emerged to tackle the shortage in devices. Thus, the covid-19 pandemic has created wide range of opportunities for the ventilator market.

Mobility- Based Market Insights

Based on mobility, the ventilator market, by enzyme, is segmented into intensive care ventilator, and portable/transportable ventilator. The intensive care ventilator segment held the largest share of the market in 2019, whereas the portable/transportable ventilator segment is anticipated to register the highest CAGR in the market during the forecast period.

Middle East & Africa Ventilator Market, by Mobility – 2019 and 2027

Type- Based Market Insights

Based on type, the ventilator market, is segmented into adult/pediatric ventilator, and neonatal/infant. The adult/pediatric ventilator segment held the largest share of the market in 2019, whereas the same segment is anticipated to register the highest CAGR in the market during the forecast period.

Interface- Based Market Insights

Based on interface, the ventilator market, is segmented into invasive ventilator, and non-invasive ventilator. The invasive ventilator segment held the largest share of the market in 2019, whereas the non-invasive ventilator segment is anticipated to register the highest CAGR in the market during the forecast period.

Mode- Based Market Insights

Based on mode, the ventilator market, is segmented into combined mode ventilation, volume mode, ventilation, pressure mode ventilation, neurally adjusted ventilatory assist (NAVA), inverse ratio ventilation (IRV), prone ventilation, high-frequency oscillatory ventilation (HFOV), high-frequency percussive ventilation (HFPV), others. The combined mode ventilator segment held the largest share of the market in 2019, also the segment is anticipated to register the highest CAGR in the market during the forecast period.

End-user- Based Market Insights

Based on end-user, the ventilator market is segmented into hospitals and clinics, homecare, ambulatory care centers, and emergency medical services. The hospitals and clinics segment held the largest share of the market in 2019. Moreover, the same segment is estimated to register the highest CAGR in the market during the forecast period.

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Middle East & Africa Ventilator Market: Strategic Insights

middle-east-and-africa-ventilator-market
Market Size Value inUS$ 222.63Million in 2019
Market Size Value byUS$ 597.34Million by 2027
Growth rateCAGR of 10.7% from 2020-2027
Forecast Period2020-2027
Base Year2020
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Investments of International Market Players in Latest Technologies in this Sector

Product launches and approvals are commonly adopted strategies by companies to expand their footprint worldwide and meet the growing demand. The players operating in the ventilator market adopt the expansion, collaboration, and product launch strategies to enlarge customer base across the world. These strategies allow the players to maintain their brand name globally. For instance, Fisher & Paykel Healthcare Corporation Limited announced at the company's annual shareholders' meeting that it has initiated planning for the establishment of its third manufacturing facility in Mexico. The development is expected to be commissioned by the next couple of years. This development will help the company improve its manufacturing capacity to ensure an additional increase in respiratory products.

MIDDLE EAST & AFRICA VENTILATOR MARKET SEGMENTATION

By Mobility

  • Intensive Care Ventilators
  • Portable/Transportable Ventilators

By Type

  • Adult/Paediatric Ventilators
  • Neonatal/Infant

By Mode

  • Combined Mode Ventilation
  • Volume Mode Ventilation
  • Pressure Mode Ventilation
  • Neurally Adjusted Ventilatory Assist (NAVA)
  • Inverse Ratio Ventilation (IRV)
  • Prone Ventilation
  • High-Frequency Oscillatory Ventilation (HFOV)
  • High-Frequency Percussive Ventilation (HFPV)
  • Others

By Interface

  • Invasive
  • Non-Invasive

By End User

  • Hospitals and Clinics
  • Home Care
  • Ambulatory Care Centers
  • Emergency Medical Services (EMS)

By Country

Middle East & Africa

  • Saudi Arabia
  • South Africa
  • UAE

Company Profiles

  • Vyaire Medical, Inc
  • General Electric Company
  • Getinge AB
  • Dragerwerk AG & Co. KGaA
  • Fisher & Paykel Healthcare Limited
  • Hamilton Medical
  • Koninklijke Philips N.V
  • Medtronic
  • ResMed
  • Smith’s Group plc.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Mobility, Type, Interface, Mode, End User and Country

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Saudi Arabia

The List of Companies - Middle East & Africa Ventilator Market
  1. Vyaire Medical, Inc
  2. General Electric Company
  3. Getinge AB
  4. Dragerwerk AG & Co. KGaA
  5. Fisher & Paykel Healthcare Limited
  6. Hamilton Medical
  7. Koninklijke Philips N.V
  8. Medtronic
  9. ResMed
  10. Smith’s Group plc.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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