South and Central America Ventilator Market Growth Opportunities and Forecast by 2027

The South and Central America ventilator market is expected to reach US$ 544.61million in 2027 from US$ 181.00million in 2019. The market is estimated to grow with a CAGR of 12.3% 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.

Brazil Ventilator Market Revenue and Forecasts to 2027 (US$ Mn)

Market Insights-

Increased Respiratory Affected Illnesses

There has been a rise in various respiratory disorders due to the growing pollution, tobacco consumption, unhealthy lifestyle and eating habits. Commonly occurring respiratory disorders 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.

According to International Journal Cardiovascular Science in 2017, coronary artery disease (CAD) accounted for approximately 250,000 hospitalizations. Similarly rising in coronavirus cases and serious patient is likely to need ventilators. For instance, according to data of 28 August 2020, Argentina recorded 380,292 coronavirus cases with death toll of 8,050. Moreover, In 2019, the total number of ventilators in Argentina hospitals amounted to more than 7 thousand.

Thus, the rising prevalence of respiratory diseases and increased in number of corona affected patients is increasing demand for ventilators thereby fuelling opportunities for the market.

Mobility- Based Market Insights

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

South and Central America Ventilator Market, by Mobility – 2019 and 2027

Type- Based Market Insights

Based on type, the ventilator market, is segmented into adult/pediatricventilator, and neonatal/infant. The adult/pediatricventilator 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 invasiveventilator, and non-invasiveventilator. The invasiveventilator segment held the largest share of the market in 2019, whereas the non-invasiveventilator 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 ventilatoryassist (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,theventilator 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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South and Central America Ventilator Market: Strategic Insights

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High Development in the Private and Public Healthcare Sector

roduct 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,ResMed launched its remote ventilator monitoring in Europe. It is cloud-based remote monitoring software that can be used for ventilators and Lumisbilevel devices in the European region. This will help the healthcare professional to easily monitor patients remotely. It will be very much useful in the ongoing COVID19 pandemic.

SOUTH AND CENTRAL AMERICAVENTILATOR MARKET SEGMENTATION

By Mobility

•     Intensive Care Ventilators
•     Portable/Transportable Ventilators

By Type

•      Adult/Pediatric 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

• South and Central America
• Brazil
• Argentina

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
• Smiths Group plc

South and Central America Ventilator Market Regional Insights

The regional trends and factors influencing the South and Central America Ventilator Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses South and Central America Ventilator Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

South and Central America Ventilator Market Report Scope

South and Central America Ventilator Market Players Density: Understanding Its Impact on Business Dynamics

The South and Central America Ventilator Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the South and Central America Ventilator Market are:

1. Vyaire Medical, Inc
2. General Electric Company
3. Getinge AB
4. Dragerwerk AG & Co. KGaA
5. Fisher &Paykel Healthcare Limited

Disclaimer: The companies listed above are not ranked in any particular order.