Mechanical Ventilator Market Size To Hit USD 3.9 Billion By 2028
San Francisco, 23 March 2021: The Report Mechanical Ventilator Market Size, Share & Trends Analysis Report, By Product (Critical care, Neonatal, Transport and Portable), By Region (North America, Europe, APAC, Latin America, MEA), And Segment Forecasts, 2021 - 2028 The global mechanical ventilator market size is expected to reach USD 3.9 billion by 2028, according to a new report by Grand View Research Inc. The market is expected to expand at a CAGR of 4.9% from 2021 to 2028.The unprecedented dawn of COVID-19, increasing incidence of chronic obstructive pulmonary disease (COPD), rising incidence of respiratory emergencies, and technological innovation in respiratory care devices are the major factors driving the market. Coronavirus wave is anticipated to crest by 2021, owing to the development of Covid-19 vaccine in coupled with effective therapeutic options to treat mild to moderate symptoms of the infection. In addition, there is an expected decrease in infection rate of co