Market Forecast By Type (Adult/Pediatric Ventilators, Neonatal/Infant Ventilators), By Mobility (Intensive Care Ventilators, High-end ICU Ventilators, Mid-end ICU Ventilators, Basic ICU Ventilators, Portable/Transportable Ventilators), By Interface (Invasive Ventilation, Non-invasive Ventilation), By End Users (Hospitals and Clinics, Home Care, Ambulatory Care Centers, Emergency Medical Services (EMS) & Others), By Countries (Brazil, Mexico, Chile) and competitive landscape
Product Code: ETC002923 | Publication Date: Jun 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Latin America medical ventilator market is expected to witness growth, predominantly due to the soaring number of infections due to the outbreak of the COVID-19 pandemic. Though Latin America has an advanced and developed healthcare infrastructure globally, however, several countries in the region such as Brazil, Mexico, Chile and Argentina are facing a scarcity of ventilators as the ICU departments are crowded with serious patients suffering from coronavirus. Further, the WHO has warned that the number of infections may increase over the coming months in the region.
The countries have taken several key initiatives to maintain an adequate supply of medical ventilators across hospitals. For instance, Mexico has received shipments from the U.S of around 211 machines following an agreement with its neighboring countries. Additionally, the Mexican Medical Devices Association has ramped up the local production of ventilators to meet the growing demand for ventilators across hospitals. Further, Mexico has also ordered 5000 ventilators from China. Moreover, Brazil has purchased
around 15,000 ventilators from other countries. The Brazilian government is also focusing on producing new ventilators by coordinating with domestic Brazilian companies. These factors would spur the demand for medical ventilators in Latin America during the forecast period.
According to 6Wresearch, Latin America Medical Ventilator Market size is anticipated to register considerable growth during 2020-26. The rising number of surgical procedures, growing tourism and hospitality sector, busy lifestyle of people, emerging public and private partnerships, increasing government assistance as well as developing medical infrastructure are some of the key growth drivers of the Latin America medical ventilator market during the forecast period. The demand for medical ventilator has witnessed a considerable rise, primarily among the key Latin American countries which have registered the maximum number of Coronavirus cases. The table below highlights the key potential Latin American countries which have recorded enormous demand for medical ventilators.
The table below depicts the total number of confirmed cases and new cases of the Covid-19 pandemic in the leading Latin American countries as of 10th June 2020.
Countries (Top 4) |
Confirmed Cases |
New Cases |
Brazil |
707,412 |
15,654 |
Chile |
138,846 |
4,696 |
Mexico |
120,102 |
2,999 |
Argentina |
23,620 |
826 |
Source: IBM Global Covid-19 Statistics.
Based on technology, the uncooled technology segment dominates the overall Latin America medical ventilator market as they are cost-efficient and requires low maintenance. Additionally, in terms of wavelength, the SWIR wavelength medical ventilators are recording higher growth primarily due to their ability to operate in a range of applications. Furthermore, in terms of applications, the thermography application leads to the overall medical ventilator market in Latin America due to the increasing demand for thermal audits in the manufacturing industry. Whereas, based on verticals, the commercial vertical dominates the overall medical ventilator market in the Latin America region.
Some of the key players operating in Latin America medical ventilator market are Air Liquide Hamilton Medical, Shenzhen Mindray Bio-Medical Electronics Co., Becton, Dickinson and Company, Koninklijke Philips N.V., Fisher & Paykel Healthcare, Limited, Draegerwerk AG CO. KGaA, Medtronic PLC, GE Healthcare and Smiths Group PLC.
The Latin America medical ventilator market report thoroughly covers the market type, by mobility, by the interface, by end-users and by key countries including Brazil, Mexico and Chile. The Latin America medical ventilator market outlook report provides an unbiased and detailed analysis of the on-going Latin America medical Ventilator market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
Markets Covered:
The Latin America medical ventilator market report provides a detailed analysis of the following market segments:
Other Key Reports Available:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Latin America Medical Ventilator Market Overview |
3.1 Country Indicators |
3.2 Latin America Medical Ventilator Market Revenues and Volume, 2016-2026F |
3.3 Latin America Medical Ventilator Market Revenue Share, By Type, 2019 & 2026F |
3.4 Latin America Medical Ventilator Market Revenue Share, By Mobility, 2019 & 2026F |
3.5 Latin America Medical Ventilator Market Revenue Share, By Interface, 2019 & 2026F |
3.6 Latin America Medical Ventilator Market Revenue Share, By End Users, 2019 & 2026F |
3.7 Latin America Medical Ventilator Market Revenue Share, By Countries 2019 & 2026F |
3.8 Latin America Medical Ventilator Market - Industry Life Cycle |
3.9 Latin America Medical Ventilator Market - Porter’s Five Forces |
4. Latin America Medical Ventilator Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Latin America Medical Ventilator Market Trends |
6. Latin America Medical Ventilator Market Overview, By Type |
6.1 Latin America Medical Ventilator Market Revenues, By Adult/Pediatric Ventilators, 2016-2026F |
6.2. Latin America Medical Ventilator Market Revenues, By Neonatal/Infant Ventilators, 2016-2026F |
7. Latin America Medical Ventilator Market Overview, By Mobility |
7.1 Latin America Medical Ventilator Market Revenues, By Intensive Care Ventilators, 2016-2026F |
7.2 Latin America Medical Ventilator Market Revenues, By High-end ICU Ventilators, 2016-2026F |
7.3 Latin America Medical Ventilator Market Revenues, By Mid-end ICU Ventilators, 2016-2026F |
7.4 Latin America Medical Ventilator Market Revenues, By Basic ICU Ventilators, 2016-2026F |
7.5 Latin America Medical Ventilator Market Revenues, By Portable/Transportable Ventilators, 2016-2026F |
8. Latin America Medical Ventilator Market Overview, By Interface |
8.1 Latin America Medical Ventilator Market Revenues, By Invasive Ventilation, 2016-2026F |
8.2 Latin America Medical Ventilator Market Revenues, By Non-invasive Ventilation, 2016-2026F |
9. Latin America Medical Ventilator Market Overview, By End Users |
9.1 Latin America Medical Ventilator Market Revenues, By Hospitals and Clinics, 2016-2026F |
9.2 Latin America Medical Ventilator Market Revenues, By Home Care, 2016-2026F |
9.3 Latin America Medical Ventilator Market Revenues, By Ambulatory Care Centers, 2016-2026F |
9.4 Latin America Medical Ventilator Market Revenues, By Emergency Medical Services (EMS), 2016-2026F |
9.4 Latin America Medical Ventilator Market Revenues, By Others, 2016-2026F |
10. Brazil Medical Ventilator Market Overview |
10.1 Brazil Medical Ventilator Market Revenues and Volume, 2016-2026F |
10.2 Brazil Medical Ventilator Market Revenue Share, By Type, 2019 & 2026F |
10.3 Brazil Medical Ventilator Market Revenue Share, By Mobility, 2019 & 2026F |
10.4 Brazil Medical Ventilator Market Revenue Share, By Interface, 2019 & 2026F |
10.5 Brazil Medical Ventilator Market Revenue Share, By End Users, 2019 & 2026F |
11. Mexico Medical Ventilator Market Overview |
11.1 Mexico Medical Ventilator Market Revenues and Volume, 2016-2026F |
11.2 Mexico Medical Ventilator Market Revenue Share, By Type, 2019 & 2026F |
11.3 Mexico Medical Ventilator Market Revenue Share, By Mobility, 2019 & 2026F |
11.4 Mexico Medical Ventilator Market Revenue Share, By Interface, 2019 & 2026F |
11.5 Mexico Medical Ventilator Market Revenue Share, By End Users, 2019 & 2026F |
12. Chile Medical Ventilator Market Overview |
12.1 Chile Medical Ventilator Market Revenues and Volume, 2016-2026F |
12.2 Chile Medical Ventilator Market Revenue Share, By Type, 2019 & 2026F |
12.3 Chile Medical Ventilator Market Revenue Share, By Mobility, 2019 & 2026F |
12.4 Chile Medical Ventilator Market Revenue Share, By Interface, 2019 & 2026F |
12.5 Chile Medical Ventilator Market Revenue Share, By End Users, 2019 & 2026F |
13. Rest of Latin America Medical Ventilator Market Overview |
13.1 Rest of Latin America Medical Ventilator Market Revenues and Volume, 2016-2026F |
13.2 Rest of Latin America Medical Ventilator Market Revenue Share, By Type, 2019 & 2026F |
13.3 Rest of Latin America Medical Ventilator Market Revenue Share, By Mobility, 2019 & 2026F |
13.4 Rest of Latin America Medical Ventilator Market Revenue Share, By Interface, 2019 & 2026F |
13.5 Rest of Latin America Medical Ventilator Market Revenue Share, By End Users, 2019 & 2026F |
14. Latin America Medical Ventilator Market Competitive Landscape |
14.1 Latin America Medical Ventilator Market By Companies, 2019 |
14.2 Brazil Medical Ventilator Market By Companies, 2019 |
14.3 Mexico Medical Ventilator Market By Companies, 2019 |
14.4 Brazil Medical Ventilator Market By Companies, 2019 |
15. Latin America Medical Ventilator Market Competitive Benchmarking, By Operating Parameters |
16. Company Profiles |
17. Key Strategic Recommendations |
18. Disclaimer |