Ventilator Market: Global Industry Analysis and Forecast (2021-2027)
Mayurikathade03 Jun, 2022Business
Global Ventilator Market was worth US$ 7.2 Bn. in 2020 and total revenue is expected to grow at a rate of 4.9 % CAGR from 2021 to 2027, the Ventilator Market is reaching almost US$ 10.6 Bn. in 2027. Global Ventilator Market Overview: A ventilator is a medical equipment that provides mechanical support in exchange for oxygen and carbon dioxide in medical situations. The critical care and Transport ventilator increased by 300% in 2020. The unexpected beginning of COVID-19 is expected to drive market growth for mechanical ventilators by leaps and bounds.
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