Impact of COVID-19 on UK Ventilator Industry Market Size & Forecast to 2025


Posted April 21, 2020 by rishabh3210

Impact of COVID-19 on UK Ventilator Industry Market Size & Forecast to 2025Impact of COVID-19 on UK Ventilator Industry Market Size & Forecast to 2025
 
COVID-19 outbreak has seen a short-term impact on UK economy. Most of the companies have been shutdown their manufacturing operations in the country coupled with the government orders to temporarily suspend production to limit the coronavirus epidemics. However, the country’s healthcare infrastructure is under pressure due to the escalating demand for essential medical equipment, including ventilators, to treat patients with COVID-19 pandemic. As a result, the UK government has been taking certain actions to meet the demand for ventilators. In UK, the National Health Service (NHS) has over 8,000 ventilators, however, the government declared the need for nearly 30,000 ventilators to cope up with the demand.

Get Free Sample Copy @ https://www.omrglobal.com/request-sample/impact-of-covid-19-on-uk-ventilator-industry

To manage issues regarding the shortage of ventilators, the UK government plans to quickly buy thousands of ventilators from foreign countries, and work continuously with current manufacturers to accelerate the production capacity. The country asked several local and foreign manufacturers to support COVID-19 response. The UK has ordered 10,000 ventilators to the Dyson, which is known for hand dryers and vacuum cleaners. In addition, the country’s manufacturers are focusing on 3D printing technology to support the production of ventilators.

A Full Report of Impact of COVID-19 on UK Ventilator Industry Market is Available at: https://www.omrglobal.com/industry-reports/impact-of-covid-19-on-uk-ventilator-industry

Manufacturers of aircraft and automobiles, including Airbus and Vauxhall, are planning to utilize 3D printing technology to develop ventilators parts for the treatment of patients with COVID-19. The major benefit of 3D printing is that it can be used rapidly for the production of customized parts. It can be produced much faster on a small scale as compared to conventional production methods. Therefore, it can be used to develop a comprehensive range of tools to fight against the coronavirus outbreak. UK government appealed to companies to support in this effort to develop more than 20,000 ventilators in as little as two weeks in a call.

The study on the effect of COVID-19 on UK ventilator industry is segmented into portable and intensive care ventilators. Portable ventilators have a significant demand for the treatment of patients with coronavirus. A consortium of UK manufacturers accelerates the production of ParaPac portable ventilator which is normally used in ambulances and developed by Smiths Group. Apart from Smiths Group, other consortium members include BAE Systems, Rolls Royce, Ultra Electronics, Thales, Ford, Airbus, among others. The rising output of currently approved designs by medical regulators is seen as the rapid way to get more machines onto NHS wards instead of depending on unproven new models. Increasing focus on large scale production of portable ventilators amid COVID-19 is supporting the demand for these ventilators in the country.

Some crucial manufacturers focusing on supplying ventilators to UK for the treatment of patients with COVID-19 include Smiths Group plc, Getinge AB, Medtronic plc, McLaren Services Ltd., and Dyson Ltd. McLaren Services Ltd., a manufacturer of automobile and accessories, is looking to the quick production of ventilators for COVID-19 patients. The team at McLaren is one of three consortiums engaged to tackle a huge shortage of ventilators in the country. Additionally, the UK government appealed other automobile companies, including Betley, Jaguar Land Rover, Honda, Ford, and Nissan to support in the development of ventilators in the country.

Industry Overview

Historical market growth estimation in UK ventilator industry excluding COVID-19 pandemic effect
Deviations in UK ventilator industry growth rate due to COVID-19 pandemic

Segmentation

By Type

Portable
Intensive Care

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/impact-of-covid-19-on-uk-ventilator-industry

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: [email protected]
Contact no: +1 646-755-7667, +91 780-304-0404
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Mr. Anurag Tiwari
Phone +1 646-755-7667
Country India
Categories Business
Tags impact of covid19 on uk ventilator industry market size forecast to 2025
Last Updated April 21, 2020