Global Ventilator Demand Analysis-COVID-19 Impact (Feb-Dec 2020)

Global Ventilator Demand Analysis-COVID-19 Impact (Feb-Dec 2020)

Emphasis on Major COVID-19 Impacted Country

$ 3500
$4900
$6860

Published: May-2020

Pages:134

Table:105

Figure:66

Report ID:UMHE20181

COVID-19 is essentially a respiratory ailment. It complicates some of the pre-existing health conditions in patients leading to death. During hospitalization a small percentage of patients require assisted breathing; i.e. these patients need ventilators. With the drastic increase in the overall case of COVID-19, demand for ventilators and other medical equipment has increased, this has created a gap between the demand and supply of ventilators and medical equipment’s across the majorly affected countries. Some estimates suggest that the demand for ventilators would reach to around 5-10% of the total cases. It is estimated that the world may need millions of ventilators in the coming weeks and months to deal with the COVID-19 situation. Government across the world has told ventilators manufacturers in their region to rapidly increase their production capacity to cope with the ever-increasing ventilator demands while some others have banned its export. While the COVID-19 cases are on the rise, it seems there are not enough ventilators available in hospitals right now for all of the potential patients who will be struck by the virus. The only way to avoid overwhelming intensive care units is with a mandatory lockdown that reduces social contact by 75%.

COVID-19 Cases, Globally

Around the world, strict lockdowns were imposed as the COVID-19 outbreak took hold. From Australia to Africa, from America to Europe and Asia, cities were shut down, restricting how often people were allowed to leave their homes and for what reason. India has asked 1.3 billion citizens of the country to stay home. As of April 30, 2020; the total coronavirus cases topped 3.3 million as more than 85,463 people contracted the infection in a single day on April 30th, 2020. The death toll worldwide as of 30th April stands at 233,830 and the number of recoveries at 1,039,061. Nearly 80% of the coronavirus cases are from the United States and Europe. The United States accounts for more than 33.1% while Europe is the most affected continent

Chinese Centre for Disease Control and Prevention finding reveals that 80.9% of the total coronavirus cases were classified as mild while 13.8% and 4.7% were categorized as severe and critical respectively. A COVID-19 related lung injury is typically classified as acute respiratory distress syndrome (ARDS). Severely ill COVID-19 patients will need ventilators and so increasing cases, the demand for the ventilator is on the rise from across the world.

Ventilator shortages are a vital fact, as the epidemic of COVID-19 continues to deteriorate. Health ministries all over the world face the same dreadful equation. To prevent the deaths of tens of thousands, even hundreds of thousands, the manufacturers have already boosted their production to maximum by themselves. Today, they aren’t receiving orders from regular customers like hospitals only but also directly from the governments. For instance: Hamilton Medical, which usually produces about 15,000 of the devices a year, has ramped up production of about 40%, because of the COVID-19 outbreak.

Insights Presented in the Report

“Amongst Region, United States is expected to need more of ventilators amid COVID-19”

For a better understanding of the ventilator, demand trend arises due to COVID-19, a detailed analysis was conducted for the top 10 most affected regions including United States, Germany, United Kingdom, France, Italy, Spain, Russia, Turkey, Iran, and India. The United States currently has the highest number of ventilators available and is expected to need even more than any other country across the world as the region acquires more than 33% of the global COVID-19 cases alone and the cases are still on the rise.

Reasons to buy this report:

  • The study includes current and demand forecast of ventilator due to COVID-19 outbreak
  • The report present company’s initiative amid COVID-19 to fulfill the shortfall of ventilator demand
  • The report covers in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments
  • Detailed examination of drivers, restraints, key trends and opportunities prevailing in the industry
  • The study comprehensively covers the ventilator demand and stakeholders approach in limiting its gap
  • Deep dive country-level analysis of the COVID-19

Customization Options:

Ventilator Demand-COVID-19 Impact report can further be customized as per the client's requirements (interested country). Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

 

  1 MARKET INTRODUCTION  
    1.1 Market Definition  
    1.2 Objective of the Study
    1.3 Limitation    
    1.4 Stakeholders    
    1.5 Currency used in the Report
    1.6 Scope of the Ventilator Market Study
  2 RESEARCH METHODOLOGY OR ASSUMPTION
    2.1 Research Methodology for the Global Ventilator Demand Analysis-COVID-19 Impact
      2.1.1 Main objective of the Global Ventilator Demand Analysis-COVID-19 Impact
  3 EXECUTIVE SUMMARY  
  4 MARKET DYNAMICS    
    4.1 Market Introduction
      4.1.1 Market Trend & Drivers
        4.1.1.1 Growing Cases of COVID-19
        4.1.1.2 Rising Number of ICU Beds
        4.1.1.3 Rise in Government Support
          4.1.1.3.1 Initial Projects Approved
      4.1.2 Market Challenges
        4.1.2.1 Aviation Ban
        4.1.2.2 Complications Associated With the Use of Ventilators
      4.1.3 Market Opportunities
        4.1.3.1 3D-Printed Ventilators
  5 DEMAND AND SUPPLY SIDE ANALYSIS
    5.1 Demand Side Analysis
    5.2 Supply Side Analysis
      5.2.1 Six tasks the supplier should keep a check on
        5.2.1.1 Map the ventilator supply chain
        5.2.1.2 Trace better pathways
        5.2.1.3 Forecast demand
        5.2.1.4 Recruit more help
        5.2.1.5 Prepare the operators
        5.2.1.6 Look for alternatives
      5.2.2 Private Company and their initiatives for Ventilator production
        5.2.2.1 Automotive OEM Initiatives
        5.2.2.2 Electronic OEM Initiatives
        5.2.2.3 Medical Device Manufacturer Initiatives
        5.2.2.4 Other OEM Initiatives
  6 MEDICAL DEVICE VALUE CHAIN
    6.1 General Overview  
  7 VENTILATOR DEMAND INSIGHTS BY COUNTRY
    7.1 General Overview  
      7.1.1 US Ventilator Demand-COVID-19 Impact
        7.1.1.1 US Government’s effort to secure more ventilators
        7.1.1.2 Facts on COVID-19 Cases Feb-Dec 2020
        7.1.1.3 Facts on Ventilator availability and Demand amid COVID-19 Feb-Dec 2020
        7.1.1.4 UnivDatos Analysis on Ventilator Demand in US amid COVID-19
      7.1.2 Germany Ventilator Demand-COVID-19 Impact
        7.1.2.1 Facts on COVID-19 Cases Feb-Dec 2020
        7.1.2.2 Facts on Ventilator availability and Demand amid COVID-19 Feb-Dec 2020
        7.1.2.3 UnivDatos Analysis on Ventilator Demand in Germany amid COVID-19
      7.1.3 UK Ventilator Demand-COVID-19 Impact
        7.1.3.1 Facts on COVID-19 Cases Feb-Dec 2020
        7.1.3.2 Facts on Ventilator availability and Demand amid COVID-19 Feb-Dec 2020
        7.1.3.3 UnivDatos Analysis on Ventilator Demand in UK amid COVID-19
      7.1.4 Italy Ventilator Demand-COVID-19 Impact
        7.1.4.1 Facts on COVID-19 Cases Feb-Dec 2020
        7.1.4.2 Facts on Ventilator availability and Demand amid COVID-19 Feb-Dec 2020
        7.1.4.3 UnivDatos Analysis on Ventilator Demand in Italy amid COVID-19
      7.1.5 France Ventilator Demand-COVID-19 Impact
        7.1.5.1 Agile innovation by Private Players
        7.1.5.2 Facts on COVID-19 Cases Feb-Dec 2020
        7.1.5.3 Facts on Ventilator availability and Demand amid COVID-19 Feb-Dec 2020
        7.1.5.4 UnivDatos Analysis on Ventilator Demand in France amid COVID-19
      7.1.6 Spain Ventilator Demand-COVID-19 Impact
        7.1.6.1 Facts on COVID-19 Cases Feb-Dec 2020
        7.1.6.2 Facts on Ventilator availability and Demand amid COVID-19 Feb-Dec 2020
        7.1.6.3 UnivDatos Analysis on Ventilator Demand in Spain amid COVID-19
      7.1.7 Turkey Ventilator Demand-COVID-19 Impact
        7.1.7.1 Facts on COVID-19 Cases Feb-Dec 2020
        7.1.7.2 Facts on Ventilator availability and Demand amid COVID-19 Feb-Dec 2020
        7.1.7.3 UnivDatos Analysis on Ventilator Demand in Turkey amid COVID-19
      7.1.8 Iran Ventilator Demand-COVID-19 Impact
        7.1.8.1 Facts on COVID-19 Cases Feb-Dec 2020
        7.1.8.2 Facts on Ventilator availability and Demand amid COVID-19 Feb-Dec 2020
        7.1.8.3 UnivDatos Analysis on Ventilator Demand in Iran amid COVID-19
      7.1.9 Russia Ventilator Demand-COVID-19 Impact
        7.1.9.1 Facts on COVID-19 Cases Feb-Dec 2020
        7.1.9.2 Facts on Ventilator availability and Demand amid COVID-19 Feb-Dec 2020
        7.1.9.3 UnivDatos Analysis on Ventilator Demand in Russia amid COVID-19
      7.1.10 India Ventilator Demand-COVID-19 Impact
        7.1.10.1 Facts on COVID-19 Cases Feb-Dec 2020
        7.1.10.2 Facts on Ventilator availability and Demand amid COVID-19 Feb-Dec 2020
        7.1.10.3 UnivDatos Analysis on Ventilator Demand in India amid COVID-19
      7.1.11 Brazil Ventilator Demand-COVID-19 Impact
        7.1.11.1 Facts on COVID-19 Cases Feb-Dec 2020
        7.1.11.2 Facts on Ventilator availability and Demand amid COVID-19 Feb-Dec 2020
        7.1.11.3 UnivDatos Analysis on Ventilator Demand in Brazil amid COVID-19
      7.1.12 Rest of World Ventilator Demand-COVID-19 Impact
        7.1.12.1 Facts on COVID-19 Cases Feb-Dec 2020
        7.1.12.2 Facts on Ventilator availability and Demand amid COVID-19 Feb-Dec 2020
        7.1.12.3 UnivDatos Analysis on Ventilator Demand in ROW amid COVID-19
  8 COMPETITIVE SCENARIO  
    8.1 Competitive Landscape
      8.1.1 Market Share of Key Players in Global Ventilator Market, 2019
  9 TOP COMPANY PROFILES  
    9.1 Getinge AB    
      9.1.1 Key Facts  
      9.1.2 Business Description
      9.1.3 Key Product/Services Offerings
      9.1.4 Growth Strategy
      9.1.5 SWOT Analysis
      9.1.6 Key Financials
        9.1.6.1 Revenue Split
      9.1.7 Recent developments
        9.1.7.1 Product Launch
        9.1.7.2 Partnership
        9.1.7.3 Business Expansion and Investment
        9.1.7.4 Merger and Acquisitions
    9.2 Hamilton Medical  
    9.3 Drägerwerk AG  
    9.4 Mindray Medical International Limited
    9.5 Medtronic PLC  
    9.6 GE Healthcare  
    9.7 Philips    
    9.8 Fisher & Paykel Healthcare
    9.9 VYAIRE Medical Inc.  
    9.1 ResMed    

Analyzing the historical availability, estimation of the current demand and forecasting the future demand of mechanical ventilators due to the sudden breakdown of COVID-19 in the most affected countries around the world were the three major steps undertaken to create and analyze the availability and demand of ventilator arises due to COVID-19 outbreak. Exhaustive secondary research was conducted to collect the historical numbers and estimate the current demand. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted; with healthcare experts and other industry experts across the value chain of the medical device sector. Post assumption and validation of the numbers through primary interviews, we employed a bottom-up approach to forecast the complete demand size of ventilators arises due to the COVID-19 outbreak. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the availability of several ventilators across the COVID-19 most affected region through various sources such as government statements, press releases, journals, news & articles, government publications, competitor publications, research surveys, third-party database and other credible publications.

Step 2: Region Segmentation:

Segmentation of the region has been done based on the total number of infected cases in a particular region. Further, obtaining the infected cases, we conducted a detailed secondary analysis to gather the number of ventilator availability in the top 10 most affected countries across the world.

Step 3: Factor Analysis:

After acquiring the historical number of ventilators, we conducted a detailed factor analysis to estimate the current demand of the ventilator that arises due to the COVID-19 pandemic. Further, we conducted Factor analysis using dependent and independent variables such as increasing total cases, increasing demand for critical care beds, growing cases among the geriatric and immunosuppressed population and government support to fetch ventilators, increasing partnerships among medical and non-medical firms to produce ventilators. Through analysis was conducted for demand and supply-side scenario considering top partnerships, merger and acquisition, business expansion, product launches and analyzing the list of start-ups in the ventilator industry across the globe.

 

 

Current Market Size Estimate & Forecast

Current Demand Sizing: Based on actionable insights from the above steps, we arrived at the numbers of ventilators available in the COVID-19 most affected countries, key players in the ventilator market and market shares of these players. All the required percentage shares split were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For demand estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e. Bottom-up approach were applied to arrive at the demand estimation forecast about Dec 2020 for the COVID-19 most affected regions across the world. The research methodology adopted to estimate the market size encompasses:

  • Analyze the current and demand forecast of ventilator arises due to COVID-19 outbreak
  • Analyze the value chain involved with the presence of various intermediaries
  • Define and analyze the competitive landscape of the ventilator market and the growth strategies adopted by the market players to sustain in the fast-growing market

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including top medical professionals, research experts from major universities, health institutes, top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

Market Engineering

Data triangulation technique was employed to complete the overall demand estimation and to arrive at precise statistical numbers for each studied regions.

Main objective of the Global Ventilator Demand Analysis-COVID-19 Impact

The current & future ventilator demand trends were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments from the qualitative and quantitative analysis performed in the study. Current and future demand trends were determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:

  • Analyze the current and demand forecast of ventilator due to COVID-19 outbreak
  • Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors about the industry
  • Major regions studied in the report include the United States, Germany, United Kingdom, France, Italy, Spain, Russia, Turkey, Iran, and India
  • Define and analyze the competitive landscape of the ventilator market and the growth strategies adopted by the market players to sustain in the fast-growing market
  • Company’s Initiative Amid COVID-19 to fulfill the Shortfall of Ventilator Demand
  • Deep dive country-level analysis of the COVID-19

 

 

Analyzing the historical availability, estimation of the current demand and forecasting the future demand of mechanical ventilators due to the sudden breakdown of COVID-19 in the most affected countries around the world were the three major steps undertaken to create and analyze the availability and demand of ventilator arises due to COVID-19 outbreak. Exhaustive secondary research was conducted to collect the historical numbers and estimate the current demand. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted; with healthcare experts and other industry experts across the value chain of the medical device sector. Post assumption and validation of the numbers through primary interviews, we employed a bottom-up approach to forecast the complete demand size of ventilators arises due to the COVID-19 outbreak. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the availability of several ventilators across the COVID-19 most affected region through various sources such as government statements, press releases, journals, news & articles, government publications, competitor publications, research surveys, third-party database and other credible publications.

Step 2: Region Segmentation:

Segmentation of the region has been done based on the total number of infected cases in a particular region. Further, obtaining the infected cases, we conducted a detailed secondary analysis to gather the number of ventilator availability in the top 10 most affected countries across the world.

Step 3: Factor Analysis:

After acquiring the historical number of ventilators, we conducted a detailed factor analysis to estimate the current demand of the ventilator that arises due to the COVID-19 pandemic. Further, we conducted Factor analysis using dependent and independent variables such as increasing total cases, increasing demand for critical care beds, growing cases among the geriatric and immunosuppressed population and government support to fetch ventilators, increasing partnerships among medical and non-medical firms to produce ventilators. Through analysis was conducted for demand and supply-side scenario considering top partnerships, merger and acquisition, business expansion, product launches and analyzing the list of start-ups in the ventilator industry across the globe.

 

 

Current Market Size Estimate & Forecast

Current Demand Sizing: Based on actionable insights from the above steps, we arrived at the numbers of ventilators available in the COVID-19 most affected countries, key players in the ventilator market and market shares of these players. All the required percentage shares split were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For demand estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e. Bottom-up approach were applied to arrive at the demand estimation forecast about Dec 2020 for the COVID-19 most affected regions across the world. The research methodology adopted to estimate the market size encompasses:

  • Analyze the current and demand forecast of ventilator arises due to COVID-19 outbreak
  • Analyze the value chain involved with the presence of various intermediaries
  • Define and analyze the competitive landscape of the ventilator market and the growth strategies adopted by the market players to sustain in the fast-growing market

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including top medical professionals, research experts from major universities, health institutes, top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

Market Engineering

Data triangulation technique was employed to complete the overall demand estimation and to arrive at precise statistical numbers for each studied regions.

Main objective of the Global Ventilator Demand Analysis-COVID-19 Impact

The current & future ventilator demand trends were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments from the qualitative and quantitative analysis performed in the study. Current and future demand trends were determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:

  • Analyze the current and demand forecast of ventilator due to COVID-19 outbreak
  • Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors about the industry
  • Major regions studied in the report include the United States, Germany, United Kingdom, France, Italy, Spain, Russia, Turkey, Iran, and India
  • Define and analyze the competitive landscape of the ventilator market and the growth strategies adopted by the market players to sustain in the fast-growing market
  • Company’s Initiative Amid COVID-19 to fulfill the Shortfall of Ventilator Demand
  • Deep dive country-level analysis of the COVID-19

 

 


Global Ventilator Demand Analysis-COVID-19 Impact (Feb-Dec 2020)