As per the research report titled ‘Europe Mechanical Ventilators Market Size By Interface, Ventilator Type, Product, Application, Mode, End-use, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 – 2026’  available with Market Study Report, Europe mechanical ventilators market is anticipated to account for more than USD 650 million by the year 2026.
 

Increasing prevalence of respiratory infections such as chronic obstructive pulmonary disease, rising number of hospitals, and surging demand for ventilators due to an increase in number of respiratory-related cases amid the COVID-19 pandemic are bolstering the growth of Europe mechanical ventilators market. 
 

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Moreover, rising occurrence of chronic ailments among the geriatric population, introduction of innovative technologies pertaining to ventilators, and favorable government initiatives in order to control the pandemic situation are stimulating the overall market outlook. However, high cost of the devices is expected to hamper the expansion of the market throughout the forecast period.
 

Based on product landscape, the report states that the intensive care ventilators segment reflected the largest revenue share in the year 2019 and is expected to grow significantly during 2020-2026. Rising prevalence of respiratory diseases among geriatric population along with surging demand for the product due to insufficient supply of ventilators amid the COVID-19 pandemic are driving the growth of the segment.
 

Meanwhile, the non-invasive ventilation segment was worth USD 302.5 million in the year 2019 and is anticipated to witness considerable expansion through 2026, owing to better convenience and tolerance offered by the instrument as well as its affordability.
 

In terms of application scope, industry experts claim that the resuscitation segment accounted for 40% market share in 2019 and is predicted to show similar growth over the analysis timeframe, primarily due to surging demand for the product as a result of increasing number of cases of cardiopulmonary resuscitation.
 

Based on mode, the pressure mode segment was worth USD 288.7 million in the year 2019 and is estimated to attain substantial expansion through 2026. Several benefits of the mode such as reduced cardiovascular effects, enhanced synchronization between the patient and ventilator, and increased patient comfort are fostering the growth of the segment.
 

Elaborating on the end-user spectrum, the hospital segment accounted for USD 278.1 million in 2019 and is projected to further expand over the forecast period, primarily due to increasing number of hospital admissions as a result of rising geriatric population.
 

Moving on to the country-level analysis, the report states that UK mechanical ventilators market accounted for around USD 24.4 million in the year 2019 and is estimated to register significant growth during 2020-2026. Rising number of hospital admissions as a result of the COVID-19 pandemic are emerging as a lucrative opportunity for the market remuneration.
 

The companies that hold a strong presence in Europe mechanical ventilators market are Carl Reiner GmbH, Skanray Technologies Pvt. Ltd., Allied Healthcare Products, Inc., General Electric Company (GE), Cardinal Health, Inc., Bio-Med Devices Inc., ZOLL Medical Corporation, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., ResMed, Vyaire Medical, Inc., Getinge AB, Smiths Group plc, Koninklijke Philips N.V., Medtronic plc, Hamilton Medical, Inc., Fisher & Paykel Healthcare Limited, Drägerwerk AG & Co. KGaA, and Air Liquide S.A among others.