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.
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.
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. Therefore, 3D printing technology has emerged as a potential alternative for ventilators production.
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.
Research Methodology
OMR global recently published a report addressing the impact of COVID-19 on UK ventilator industry. The study is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data. Different approaches have been worked on to derive the market value and market growth rate. In the report, the analysis of the country is provided by analyzing various regional players, laws and policies, consumer behavior and macro-economic factors. Besides, an expected recovery timeline of the industry will also be included with the best- and worst-case scenario which will aid clients to take their future steps in the decision-making process.
Sources Include
The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Government Initiatives
2.4. Demand and Supply Analysis
3. Industry Overview
3.1. Historical market growth estimation in UK ventilator industry excluding COVID-19 pandemic effect
3.2. Deviations in UK ventilator industry growth rate due to COVID-19 pandemic
4. Segmentation
4.1. By Type
4.1.1. Portable
4.1.2. Intensive Care
5. Company Profile
5.1. Airbus SE
5.2. Breas Medical AB
5.3. Dyson Ltd.
5.4. Getinge AB
5.5. Hamilton Medical AG
5.6. Koninklijke Philips N.V.
5.7. McLaren Services Ltd.
5.8. Medtronic plc
5.9. Rolls-Royce Holdings plc
5.10. Smiths Group plc
5.11. Vauxhall Motors Ltd.
5.12. ResMed Inc.
5.13. Fisher & Paykel Healthcare Ltd.
5.14. ZOLL Medical Corp.
5.15. General Electric Co.
1. UK PORTABLE VENTILATOR INDUSTRY RESEARCH AND ANALYSIS 2018-2025 ($ MILLION)
2. UKINTENSIVE CARE VENTILATOR INDUSTRY RESEARCH AND ANALYSIS 2018-2025 ($ MILLION)
1. UK PORTABLE VENTILATOR INDUSTRY TREND PRE AND POST COVID-19, 2018-2025 (%)
2. UK INTENSIVE CARE VENTILATOR INDUSTRY TREND PRE AND POST COVID-19, 2018-2025 (%)