Latin America Medical Ventilator Market (2020-2026) | COVID-19 IMPACT, Size, Share, Forecast, Value, Outlook, Trends, Growth, Industry, Revenue, Analysis & Companies

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:

• Latin America Medical Ventilator Market Overview
• Latin America Medical Ventilator Market Outlook
• Latin America Medical Ventilator Market Forecast
• Historical Data of Latin America Medical Ventilator Market Revenues & Volume for the Period 2016-2019
• Latin America Medical Ventilator Market Size and Latin America Medical Ventilator Market Forecast of Revenues & Volume, Until 2026
• Historical Data of Latin America Medical Ventilator Market Revenues & Volume, by Type, for the Period 2016-2019
• Market Size & Forecast of Latin America Medical Ventilator Market Revenues & Volume, by Type, Until 2026
• Historical Data of LATIN AMERICA Medical Ventilator Market Revenues & Volumes, by Mobility, for the Period 2016-2019
• Market Size & Forecast of Latin America Medical Ventilator Market Revenues & Volumes, by Mobility, Until 2026
• Historical Data of Latin America Medical Ventilator Market Revenues & Volume, by Interface, for the Period 2016-2019
• Market Size & Forecast of Latin America Medical Ventilator Market Revenues & Volume, by Interface, Until 2026
• Historical Data of Latin America Medical Ventilator Market Revenues & Volume, by End Users, for the Period 2016-2019
• Market Size & Forecast of Latin America Medical Ventilator Market Revenues & Volume, by End Users, Until 2026
• Historical Data of Brazil Medical Ventilator Market Revenues and Volume, for the Period 2016-2019
• Market Size & Forecast of Brazil Medical Ventilator Market Revenues and Volume, Until 2026
• Historical Data of Mexico Medical Ventilator Market Revenues and Volume, for the Period 2016-2019
• Market Size & Forecast of Mexico Medical Ventilator Market Revenues and Volume, Until 2026
• Historical Data of Chile Medical Ventilator Market Revenues and Volume, for the Period 2016-2019
• Market Size & Forecast of Chile Medical Ventilator Market Revenues and Volume, Until 2026
• Historical Data of Rest of Latin America Medical Ventilator Market Revenues and Volume, for the Period 2016-2019
• Market Size & Forecast of Rest of Latin America Medical Ventilator Market Revenues and Volume, Until 2026
• Market Drivers and Restraints
• Latin America Medical Ventilator Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Latin America Medical Ventilator Market Share, By Players
• Latin America Medical Ventilator Market Share, By Regions
• Latin America Medical Ventilator Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered:

The Latin America medical ventilator market report provides a detailed analysis of the following market segments:

• 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
  
  

Other Key Reports Available:

• Brazil Medical Ventilator Market Report
• Mexico Medical Ventilator Market Report
• Chile Medical Ventilator Market Report

Frequently Asked Questions About the Market Study (FAQs):