Malaysia ventilator market is anticipated to show a robust growth in the upcoming five years, 2023-2027. The market growth can be attributed to the increasing instances of respiratory diseases and increasing number of old age population that is affected majorly by respiratory failures. Moreover, the rising geriatric population of the country is also one of the major drivers of the market in the upcoming five years. Also, increasing number of preterm births, and the rising number of ICU beds are some of the major factors that are actively supporting the growth of the Malaysia ventilator market in the next five years.
Chronic obstructive pulmonary disease (COPD) and asthma are a couple of prevailing respiratory disorders that often require extended and advance treatments for the patients including their treatment over ventilators. Research and development is a consistent process and technologically advanced medical devices are developed by the medical device manufacturers to satisfy the consumer demand. Advance technology as in microprocessor-controlled ventilation integrated with the complexity of new ventilator modes are already supporting the progress in the healthcare facility to provide best healthcare to the consumers from the country as well as medical tourists that are looking for affordable healthcare.
The Malaysia ventilator market segmentation is based on equipment type, product type, mobility, mode, source, end user, regional distribution, and competitional landscape. Based on equipment type, the market is further bifurcated into invasive and non-invasive ventilator. Non-invasive ventilators are expected to register the fastest growth in the upcoming five years with an impressive CAGR due to the fact of rising number of patients suffering from COVID-19.
The patients are encountering the respiratory failure due to the viral infection. Moreover, the patients are also suffering from the post op complications of black fungus and green fungus. That is requiring the patients for the treatment over ventilators. So, the surge in demand of the ventilators is spiking high and is supporting the growth of the Malaysia ventilator market in the next five years.
A partial list of market players in the Malaysia ventilator market includes, Sanichi Technology Bhd, AT Systematization Bhd, PNE PCB Bhd (PNE PCB), Philips Malaysia Sdn Bhd, GE Healthcare Sdn Bhd, Draeger Malaysia Sdn. Bhd., Daya Cergas (M) Sdn. Bhd. (Fischer & Paykel Healthcare), Star Medik Sdn Bhd, K-One Technology Bhd (KOT), among others. These market players hold larger shares of the market than the new market players.
With the advancement of the technology, it is appropriate to say that the effective research and development of the technologically advanced medical devices would support the market growth and benefit the market players as well as the consumers. New market players may focus on the research and development to provide devices that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.
Objective of the Study
- To analyze the historical growth in the market size of Malaysia ventilator market from 2017 to 2021.
- To estimate and forecast the market size of Malaysia ventilator market from 2022 to 2027 and growth rate until 2027.
- To classify and forecast Malaysia ventilator market based on equipment type, product type, mobility, mode, source, end user, regional distribution, and competitional landscape.
- To identify dominant region or segment in the Malaysia ventilator market.
- To identify drivers and challenges for Malaysia ventilator market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Malaysia ventilator market.
- To identify and analyze the profile of leading players operating in Malaysia ventilator market.
- To identify key sustainable strategies adopted by market players in Malaysia ventilator market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers, suppliers, and service providers across the country. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufactures which could not be identified due to the limitations of secondary research. Market insights research analyzed the manufactures, distribution channels and presence of all major players across the country.
Market insights research calculated the market size of Malaysia
Key Target Audience
- Ventilator manufacturers, end users, and other stakeholders
- Distributers and suppliers of the products and other stakeholders
- Organizations, forums, and alliances related to ventilator
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2021 |
| Historical Years | 2017 – 2020 |
| Estimated Year | 2022E |
| Forecast Period | 2023F – 2027F |
| Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Equipment Type · Product Type · Mobility · Mode · Source · End User |
| Region Scope | East, West |
| Key Companies Profiled | Sanichi Technology Bhd, AT Systematization Bhd, PNE PCB Bhd (PNE PCB), Philips Malaysia Sdn Bhd, GE Healthcare Sdn Bhd, Draeger Malaysia Sdn. Bhd., Daya Cergas (M) Sdn. Bhd. (Fischer & Paykel Healthcare), Star Medik Sdn Bhd, K-One Technology Bhd (KOT). |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
