Respiratory Ventilator Tester Market Price, Size Research 2027

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Respiratory Ventilator Tester Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Product (Portable, Desktop, Others); Application (Anesthesia Gas Delivery Machine Testing, Oxygen Concentrator Testing, Others); End-user (Hospitals and Specialty Clinics, Ambulatory Surgical Centers, Home Care Settings, Others) and Geography

Publication Month: Nov 2020 | Report Code: TIPRE00013750 | No. of Pages: 170 | Category: Medical Device | Status: Published

The Respiratory Ventilator Tester Market was valued at US$ 148.00 million in 2019 and is projected to reach US$ 199.20 million by 2027; it is expected to grow at a CAGR of 3.8% from 2020 to 2027.

The respiratory ventilator tester is used for direct measurement for flow, volume, pressure, and oxygen. It is made for medical and laboratory applications and is correctly applied to test ventilators. The prime advantages of it are its high measuring accuracy and ergonomic use. It can be used as a vast spectrum of use, which enables this meter to stand as a perfect unit for surveying and testing functions. Pressure and flow can be shown graphically, saved, and printed. Growing prevalence of respiratory diseases and rapid growth in geriatric population are expected to drive the market growth during the forecast period.

The respiratory ventilator tester market is categorized into product, application, end user, and region. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South and Central America. The report offers insights and in-depth analysis of the respiratory ventilator tester market emphasizing on various parameters, such as market trends, technological advancements, market dynamics, and competitive landscape analysis of leading market players across the world.

Lucrative Regions for Respiratory Ventilator Tester Market

Lucrative Regions for Respiratory Ventilator Tester Market

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Market Insights

Growing Prevalence of Respiratory Diseases

Respiratory diseases such as 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. Urbanization, growing pollution, unhealthy lifestyle habits, and high tobacco smoking prevalence are among the factors leading to the surge in the number of respiratory and cardiovascular disease cases. These diseases can cause acute respiratory failure, treatment of which requires mechanical ventilation.

The Global Burden of Disease Study reported the global prevalence of 251 million COPD cases in 2016. More than 90% of COPD deaths occur in low­ and middle-income countries (LMICs). Further, COPD is expected to become the leading cause of death worldwide in the next 15 years. According to the National Center for Biotechnology Information, It is a disease spectrum that includes bronchitis and emphysema. It is becoming a significant health and economic problem worldwide; in 1990, the disease was the sixth-most common cause of death, and it is expected to be the third-most common mortality cause by 2020. According to the National Center for Biotechnology Information, 2018, the economic impact of COPD in LMICs is expected to increase to £ 1.7 trillion by 2030.

The ventilator testing systems are designed to measure the flow of nitrous oxide, air and oxygen and pressure in different type of ventilators. Such type of ventilator test systems are battery operated and is also capable of testing various other type of medical equipment like anesthesia gas delivery machines and oxygen concentrators. The ventilator test systems are used to measure parameters like volume, low pressure, flow, peak and peep pressure, respiratory rate, stacked volume, I:E ratio, oxygen concentration, etc. Moreover, even the slightest fault in the design or functioning of ventilators can cost the life of patients. For this reason, the demand within the global market for respiratory ventilator tester has been rising at a robust rate over the past decade. Thus, the growing prevalence of respiratory diseases increasing demand for ventilators fuelling the market growth.

Product - Based Insights                     

Based on product, the global respiratory ventilator tester market is segmented into portable, desktop, others. The portable segment held the largest share of the market in 2019, and same segment is anticipated to register the highest CAGR of 4.2 % in the market during the forecast period. Increasing number of patients with severe respiratory diseases, and launch of innovative technologies are the major factors contributing to the growth of the market for portable respiratory ventilator tester.

Global Respiratory Ventilator Tester Market, by Product – 2019 & 2027

Global Respiratory Ventilator Tester Market, by Product – 2019 & 2027

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Application -Based Insights

Based on application, the respiratory ventilator tester market is segmented into anesthesia gas delivery machine testing, oxygen concentrator testing, others. The anesthesia gas delivery machine testing segment held the largest share of the market in 2019, whereas the oxygen concentrator testing segment is anticipated to register the highest CAGR of 4.4% in the market during the forecast period.

End User -Based Insights

Based on end user, the respiratory ventilator tester market is categorized into hospitals and specialty clinics, ambulatory surgical centers, home care settings, others. In 2019, the hospitals and clinics segment held the largest share of the market, by end user. Moreover, the same segment is expected to grow at the fastest rate during the forecast period.      

Product launches and Business expansion are commonly adopted by the companies to expand their footprint worldwide and meet the growing demand.

The market players operating in the respiratory ventilator tester market adopted these strategies of product innovation to cater to changing customer demand across the world, which also permits the players to maintain their brand name globally.

By Product

  • Portable
  • Desktop
  • Others

By Application

  • Anaesthesia Gas Delivery Machine Testing
  • Oxygen Concentrator Testing
  • Others

By End User

  • Hospitals & Specialty Clinics
  • Ambulatory Surgical Centres
  • Home Care Settings
  • Others

By Geography

  • North America

    • US
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • Italy
    • UK
    • Spain
    • Rest of Europe
  • Asia Pacific (APAC)

    • China
    • India
    • South Korea
    • Japan
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)

    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East and Africa
  • South America (SAM)

    • Brazil
    • Argentina
    • Rest of South and Central America

Company Profiles

  • BC Group International Inc
  • WEINMANN Emergency Medical Technology
  • Magnamed
  • Datrend Systems Inc.
  • TSI Incorporated
  • IMT Analytics AG
  • THOR
  • Fluke Corporation
  • EKU Elektronik GmbH

Frequently Asked Questions

Respiratory Ventilator Tester is a device used in combination with a precision test lung for accurate gas flow analysis to enable a complete assessment of the performance of a ventilator to satisfy both clinical expectations and manufacturer specifications. In addition, the ability of a test device (a combined accurate gas flow analysis and precise lung test) to collect, store and print the test results makes it possible to record accurate details in the same period of time that pass/fail testing requires.
The factors that are driving growth of the market are high prevalence of respiratory diseases, increasing geriatric population, high prevalence of smoking, highly developed healthcare system, growing healthcare expenditure are expected to boost the growth of the global respiratory ventilator tester market.
The respiratory ventilator tester market majorly consists of the players such BC Group International Inc., WEINMANN Emergency Medical Technology, Magnamed, Datrend Systems Inc., TSI Incorporated, IMT Analytics AG, THOR, RIGEL MEDICAL, Fluke Corporation, and EKU Elektronik GmbH are among others.

The List of Companies - Respiratory Ventilator Tester Market

  1. BC Group International Inc.
  2. WEINMANN Emergency Medical Technology
  3. Magnamed
  4. Datrend Systems Inc.
  5. TSI Incorporated
  6. IMT Analytics AG
  7. THOR            
  9. Fluke Corporation
  10. EKU Elektronik GmbH
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the respiratory ventilator tester market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the global respiratory ventilator tester market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
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