The global ventilator market is anticipated to grow at a considerable CAGR of over 6% during the forecast period. Respiratory disease majorly affects the lungs and other parts of the reparatory system. The increasing prevalence of respiratory disease is pushing the demand for ventilators and hence driving the market growth.
Moreover, the recent COVID-19 pandemic has accelerated the demand for ventilators across the globe. The ventilator manufacturers are receiving orders from the government of different regions for the manufacturing of ventilators, which in turn, has driven the growth of the global ventilator industry. For instance, in June 2020, the government in the UK has ordered 10,000 ventilators from Dyson to help deal with the COVID-19 pandemic.
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Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Interface
o By Mobility
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Becton, Dickinson and Company, Fisher & Paykel Healthcare, Ltd., Hamilton Medical AG, and Koninklijke Philips N.V., Medtronic PLC
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Ventilator Market Report Segment
By Interface
- Invasive Ventilators
- Non-Invasive Ventilators
By Mobility
- Portable Ventilators
- Intensive Care Ventilators
A full report of Ventilator Market is available at: https://www.omrglobal.com/industry-reports/ventilator-market
