Rising Prevalence of Severe Breathing Diseases among Individuals Expected to Propel the Growth of the Global High Frequency Ventilators Market by 2031

High frequency ventilators are particularly useful for premature infants with underdeveloped lungs, who require respiratory support to survive. These ventilators provide gentle, continuous positive airway pressure (CPAP) to help the lungs inflate and deflate properly ensuring adequate oxygenation. High frequency ventilators deliver very small tidal volumes at high frequencies to assist in lung function and promote oxygen exchange. In adults, high frequency ventilation is used in cases where traditional ventilation methods have failed or are unlikely to succeed. High frequency ventilation has proven to be particularly useful in treating patients with acute respiratory distress syndrome (ADRS) and other conditions where the lungs have been severely compromised. These devices provide numerous health benefits such as reduced lung injury, improved oxygenation, better patient comfort, faster recovery, and many more.

Forecast Analysis of the Global High Frequency Ventilators Market

According to the report published by Research Dive, the global high frequency ventilators market is anticipated to garner a revenue of $162.1 million and grow at a CAGR of 5.8% over the estimated timeframe from 2022 to 2031.

The growing incidences of chronic respiratory diseases including acute respiratory distress syndrome (ARDS) among individuals, particularly among the geriatric population across the globe is expected to augment the growth of the high frequency ventilators market over the analysis period. Moreover, the growing advancements in non-invasive and microprocessor-controlled portable ventilators are expected to create wide growth opportunities for the market over the forecast timeframe. Furthermore, the increasing government funding for establishing fully equipped healthcare facilities in rural areas of developing and underdeveloped countries is expected to boost the market’s growth over the estimated timeframe. However, the high cost of high frequency ventilators may restrict the growth of the market throughout the forecast period. 

The major players of the high frequency ventilators market include Getinge AB, Percussion Aire Corp., General Electric Company, Bunnell, BPL Medical Technologies, ACUTRONIC Medical Systems AG, Carl Reiner GmbH, An Inspiration Healthcare Group Company, VYAIRE MEDICAL, INC., and many more. 

Key Market Developments

The key companies operating in the industry are adopting various growth strategies & business tactics such as partnerships, collaborations, mergers & acquisitions, and launches to maintain a robust position in the overall market, which is subsequently helping the global high frequency ventilators market to grow exponentially. For instance:

• In April 2021, Dräger, a leading manufacturer of medical equipment announced its acquisition of Stimit AG, an innovative medical technology company. With this acquisition, Dräger aimed to expand its portfolio by expertizing in the field of lung-protective ventilation and focusing on the development of non-invasive stimulation of respiratory muscles.
   
• In May 2021, CorVent Medical, a leading MedTech company that develops various lifesaving ventilators for critical care announced that it had received CE Mark approval to launch its new product namely, RESPOND-19™ Ventilator for commercial use in Europe. This novel product is designed to provide flexible and easy-to-use ventilation care solutions for patients suffering from acute respiratory distress syndrome.
   
• In January 2023, Getinge, a global medical technology company announced the launch of its new product, the Servo-c mechanical ventilator to provide lung-protective therapeutic tools for treating both pediatric and adult patients. Servo-c is specifically designed to make healthcare accessible and affordable for several hospitals across the globe. 

Most Profitable Region

The North America region of the high frequency ventilators market generated the highest market share in 2021. The increasing demand for treatment options for various respiratory diseases and the rising R&D activities on the development of advanced care units for premature babies across the region are expected to fortify the regional growth of the market over the analysis timeframe. Moreover, the presence of leading market players in the region is another major factor expected to drive regional growth in the coming period. 

Covid-19 Impact on the High Frequency Ventilators Market

Though the outbreak of the Covid-19 pandemic has devastated several industries, it has had a positive impact on the high frequency ventilators market. This is mainly due to the panic buying of ventilators by customers across the globe to meet their breathing requirements. Moreover, the purchasing of numerous inadequate ventilators by some healthcare professionals due to limited supplies at several places has further increased the demand for ventilators during the pandemic. Moreover, the increased prevalence of preterm childbirth during the pandemic has resulted in high demand for high frequency ventilators. Though there existed a gap between the demand and supply of ventilators, still the market has experienced a moderate impact with the rise of the pandemic.