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

Philippines medical ventilator market is likely to witness growth over the coming years mainly due to soring cases of Covid-19 infections across hospitals. The Philippines has registered 18,086 cases of Covid-19 infections with 862 new cases as of 2nd June 2020. The number of infections is likely to increase until a vaccine is available for this disease. The country is facing a shortage of ventilators to meet the growing demand in hospitals.

The government in the Philippines has taken several initiatives to ramp up the production of ventilators. The Department of Health (DOH) has requested to buy P1.3 billion worth of ventilators to treat urgent cases in hospitals. Additionally, IMI has also started producing low-cost ventilators with the aid of the government in the Philippines. IMI is focusing on producing alternative ventilators and other breathing aid solutions in the country. These initiatives will spur the demand for ventilators in the country.

According to 6Wresearch, the Philippines Medical Ventilator Market size is projected to register considerable growth during 2020-26. Soaring cases of respiratory and other critical diseases, an increasing number of Covid-19 infections, rising population, developing medical infrastructure as well as rising investment by private companies are some of the key growth drivers of the Philippines medical ventilator market during the forecast period.

In terms of technology, the uncooled technology segment dominates the overall Philippines medical ventilator market as they are cost-efficient and requires low maintenance. Furthermore, in terms of applications, the thermography application leads the overall medical ventilator market in the Philippines due to the increasing demand for thermal audits in the manufacturing industry. 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. Whereas, based on verticals, the healthcare vertical including hospitals and other healthcare centers dominate the overall medical ventilator market in the Philippines.

Some of the key players operating in the Philippines medical ventilator market are Dyson, Weinmann, Becton Dickinson, Philips, Hamilton Medical, Fisher & Paykel Healthcare, Draeger, Medtronic, and GE Healthcare.

The Philippine medical ventilator market report thoroughly covers the market type, by mobility, by the interface, and by end-users. The Philippine's medical ventilator market outlook report provides an unbiased and detailed analysis of the on-going Philippines 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:

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

Markets Covered

The Philippines 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