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Ventilators
Market, Supplier, Risk and
Competitive Intelligence

Manage Ventilators Category with Ai powered
Procurement Productivity Suite

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Abi will answer all Ventilators related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

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Get up-to-date market and supplier info on Ventilators to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

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Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

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Assess Supplier Risk based on key risk and compliance parameters

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Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

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Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

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Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

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Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

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Benchmark your category performance against peers and the market

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Measure category performance on 15 key parameters across cost, risk and strategy KPIs

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Get information on key factors affecting your supply

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Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

meet-abi-1

Abi will answer all Ventilators related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

discover-market-info

Get up-to-date market and supplier info on Ventilators to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

1

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

manage-risk

Assess Supplier Risk based on key risk and compliance parameters

1

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

2

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

discover-supplier

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

1

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

assess-category-perforamnce

Benchmark your category performance against peers and the market

1

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

source-market-indices

Get information on key factors affecting your supply

1

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

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Report Coverage

  1. COVID-19, Situation Analysis
  2. Drivers, Restraints etc. in face of COVID-19
  3. Pre Covid-19, Current Covid-19 and Post Covid-19
  4. How Ventilator Providers Making High-end Machines Are Responding To COVID-19 Crisis

Production Size

Global Production Size/ Capacity

$1.8 billion (2019)

Expected Global Production Size/ Capacity

$2.9 billion (2024F)

CAGR

10 percent

Table of Contents

  1. Executive summary
  2. Executive summary
  3. Ventilators Category Summary – Covid-19 Impact - JULY 2020
  1. COVID-19, Situation Analysis
  2. Drivers, Restraints etc. in face of COVID-19
  3. Pre Covid-19, Current Covid-19 and Post Covid-19
  4. How Ventilator Providers Making High-end Machines Are Responding To COVID-19 Crisis
  1. Market Analysis
  2. Global Market Outlook – Market Size & End Markets
  3. Porter’s Five Forces Analysis

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Ventilators Global Market Outlook:

MARKET OVERVIEW
Mechanical ventilators market size: $1.8 billion (2019), expected to grow to $2.9 billion (2024F) with a CAGR 10 percent.

Porter's Analysis on Ventilators

Supplier Power

  • Ventilators market is with decent number of big suppliers with huge category expertise, having huge variants of products and competitive services offerings across regions
  • Hospitals or buyers switching from current suppliers to new ones is very expensive

Barriers to New Entrants

  • Huge medical, R&D expertise, Capital requirements makes it difficult for new entrants especially for complex invasive or mechanical ventilators
  • Huge competition and majority of the companies profits depends on volume of sales
  • Meeting global regulatory requirements a key challenge for medium to complex medical
  • Need to have a good distribution network to offer better products and after sales services

Intensity of Rivalry

  • Existing competition is strong among the top players viz. Philips, GE healthcare, Vyaire medical etc.
  • Most of the mid-tier firms compete on prices offered to the clients as they have very little differentiation in the services

Threat of Substitutes

  • As such there are no substitutes to critical medical ventilators, however there can be different products that can be used depending on the end application such as home or hospital etc.

Buyer Power

  • Bargaining power for medical device clients is medium to low as the number purchased by individual customer in general is very low
  • Lower switching power owing to higher cost associated with the devices

Ventilators Frequently Asked Questions

  1. How well is the global ventilators market flourishing?
  2. As per Beroe’s category intelligence report, the global ventilators sales will hit $2.9 Bn in 2024, up from $1.8 Bn in 2019. Further, the market revenue pool will follow a double-digit growth trail.
  1. How does the competitive landscape of the global ventilators market look?
  2. The global ventilators market is witnessing cut-throat competition among leading manufacturers - Philips, GE healthcare, and Vyaire medical. In addition, several mid-tier players compete on prices offered to the end-users due to marginal scope for service differentiation.
  1. What hurdles do new market entrants face while entering the competitive realm?
  2. Considerable medical and R&D expertise and capital requirements create a massive obstacle for new market entrants, particularly for those looking to manufacture complicated invasive or mechanical ventilators.
  1. What strategies must market players follow to remain competitive in the global ventilators market?
  2. Ventilator manufacturers must cater to the global regulatory requisites to ensure a smooth approval and avoid product recalls. In addition, they need to forge a robust distribution system to deliver better deliverables and after-sales services.
  1. How strong is the negotiation power of the buyers?
  2. Bargaining potential for ventilator users is medium to low as individual end-user buy a limited number of the product. Moreover, higher costs pertaining to ventilators reduce the tendency of buyers to switch suppliers.

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