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Ventilators is definitely expected to be the most impacted market during COVID-19. The study focuses beyond COVID-19, to elucidate how will the market demand and competitive dynamics change. The study helps to understand how technology innovation and digitalization are expected to play a vital role in shaping the future solutions design. Also the report will provide readers with targeted insights into understanding the growth demand/challenges for different care segments both within and outside ICU settings.

Revenue for the US & EU-5 ventilators market is expected to increase by 370.7% in 2020 driven by the ongoing Coronavirus 2019 (COVID-19) situation. The home care segment is expected to see a comparatively strong growth potential post-pandemic. This study assesses the revenue growth impact on different ventilator market segments. It also analyzes future growth opportunities for industry participants in light of the following strategic imperatives – geopolitical chaos due to the pandemic situation and the increasing number of critical care patient admits requiring ventilator use; adoption of disruptive technologies for ventilator designs and assistive technologies; and increasing competition due to the widening demand-supply gap and relaxed regulations. Further, this study provides an evaluation of 9 different growth opportunities from the perspectives of supply chain optimization, technology focus, vertical expansion, customer and branding, new product development and others.

Three examples of key growth opportunities evaluated are:

• Remote ventilator surveillance for better care management,

• Strategic geographic expansion for improving market access, and

• Targeted brand positioning for improved market penetration

Supply chain disruption, excess of low-cost and sub-standard ventilators, and shortage of trained healthcare staffs are seen as key market restraints.