A non-invasive ventilator is utilized to provide airway assistance. A non-invasive ventilator helps the patient breathe without requiring a tracheotomy. Since non-invasive ventilation is becoming more popular than invasive ventilation, non-invasive ventilators are becoming more popular. A non-invasive ventilator is more commonly utilized and treats a broader range of diseases. Patients with chronic obstructive pulmonary disease (CPOD) are mostly treated in intensive care units with these non-invasive ventilators.
The market for non-invasive ventilators in 2021 was USD 1.70 billion, and it will be worth USD 2.84 billion by 2030, growing at a 5.9% CAGR during the forecast period.
Due to a growth in the prevalence of various respiratory disorders, there will certainly be a greater demand for treatment equipment. Additionally, non-invasive ventilators and portable oxygen concentrators are becoming more and more popular around the world as a result of technological breakthroughs.
There are three types of non-invasive ventilators: continuous positive airway pressure, bilevel positive pressure, and auto-titrating positive airway pressure.
It treats various diseases like chronic obstructive pulmonary disease, resuscitation, cardiogenic pulmonary edema, ventilator-associated pneumonia, respiratory muscle weakness, sleep apnea, and COVID-19.
Market Dynamics
DriversÂ
The market for non-invasive ventilators is growing due largely to the rising prevalence of respiratory illnesses. Worldwide, the prevalence of moderate to severe chronic obstructive pulmonary disease (CPOD) is estimated to be 65 million.
The market for non-invasive ventilators is expanding as a result of several technological developments in ventilation systems with improved operational efficiency and the rising elderly population. Risk factors, including obesity and diabetes, unhealthy behaviors like drinking and smoking, and irregular sleep patterns leading to respiratory issues, drive the market for non-invasive ventilators.
Restraints
The high cost of these devices hampers the market expansion for non-invasive ventilators. The market for non-invasive ventilators will grow slowly due to the possibility of inadequate ventilation due to an improper setup.
Opportunity
Operating efficiency is possible through advancements in positive airway pressure (PAP) devices, mobility, and battery life. Due to the growing demand for portable ventilators that are utilized in a variety of settings, including ambulances, home care, and remote medical facilities, the portable ventilator market is expanding quickly.
Market Segmentation
Type Insights
The market is divided into three categories for the Type segment: Autotitrating (Adjustable) Positive Airway Pressure (APAP), Continuous Positive Airway Pressure (CPAP), and Bilevel Positive Pressure (BiPAP). The Continuous Positive Airway Pressure (CPAP) segment led the entire market in 2020 because it is affordable, simple to use, and the most common therapy for sleep apnea. According to a study, between 50 and 70 million adults in the United States and 100 million people worldwide suffer from sleep apnea.
Application Insights
The market is segmented into Asthma and COPD, Respiratory Distress Syndrome, and other applications. Asthma & COPD segment ruled the market in 2020 because bronchial asthma and COPD are two of the main causes of mortality worldwide. According to NCBI, asthma and COPD impact over 600 million individuals worldwide. Each year, COPD and asthma cause 200k mortality and nearly 3 million hospitalizations.
Regional Insights
North America considerably ruled the entire regional market and contributed for nearly 42.21% of the revenue share. This region is expanding due to the presence of top manufacturing companies, an increase in chronic respiratory diseases, and a surge in government healthcare spending. According to the American Lung Association, 6.61% of American adults, or approximately 16.4 million people, have been diagnosed with a chronic respiratory condition like emphysema or bronchitis.
Key PlayersÂ
- Hamilton Bonaduz AG
- HEYER Medical AG
- ResMed Inc.
- Teleflex Incorporated
- Respironics
- Magnamed
- Airon Corporation
- Fisher & Paykel Healthcare
- medin Medical Innovations GmbH
- Phoenix Medical Systems Pvt. Ltd.
- Phillips Healthcare
- Mindray Medical International Limited
- O-Two Medical Technologies Inc.
- Smiths Medical
- WILAmed GmbH
The market for non-invasive ventilators in 2021 was USD 1.70 billion, and it will be worth USD 2.84 billion by 2030, growing at a 5.9% CAGR during the forecast period. Market expansion is driven by factors including an increase in chronic illnesses among people worldwide, a rise in patient admissions to intensive care units (ICU), an increase in the world’s population, and leading an unhealthy lifestyle.
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