Impact of COVID-19 on UK Ventilator Industry Size, Share and Forecast 2019-2025
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.
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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.
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Ventilator Industry is
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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.
Impact of COVID-19 on
UK Ventilator Industry Segmentation
By Type
·
Portable
·
Intensive Care
Company Profile
·
Airbus SE
·
Breas Medical AB
·
Dyson Ltd.
·
Getinge AB
·
Hamilton Medical AG
·
Koninklijke Philips N.V.
·
McLaren Services Ltd.
·
Medtronic plc
·
Rolls-Royce Holdings plc
·
Smiths Group plc
·
Vauxhall Motors Ltd.
·
ResMed Inc.
·
Fisher & Paykel Healthcare Ltd.
·
ZOLL Medical Corp.
·
General Electric Co.
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