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Showing posts with the label Mechanical Ventilator Market Share

Mechanical Ventilator Market To Witness A Significant Growth Of USD 4.22 Billion By 2030

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  San Francisco, 29 March 2022:  The Report  Mechanical Ventilator Market  Size, Share & Trends Analysis Report By Product (Critical Care, Neonatal, Transport & Portable), By Ventilation Mode (Invasive, Non-invasive), By End-use, By Region, And Segment Forecasts, 2022 - 2030 The global mechanical ventilator market size is expected to reach USD 4.22 billion by 2030, according to a new report by Grand View Research Inc. It is expected to expand at a CAGR of 4.8% from 2022 to 2030. The unprecedented dawn of COVID19, 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 for mechanical ventilators. Technical advancements such as rapid innovation in the field of Positive Airway Pressure (PAP) devices, portability, and improvement in battery life of transport and portable devices are the primary factors that encourage the usage

Mechanical Ventilator Market Size To Hit USD 3.9 Billion By 2028

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  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