The global mechanical ventilator market is poised for significant growth over the next decade, with a newly released industry analysis report by Future Market Insights revealing that global sales in 2022 stood at US$ 5.7 billion. The report projects a compound annual growth rate (CAGR) of 5.7% from 2023 to 2033, driving the market to …
Tag Archives: Mechanical Ventilator Market
North American Mechanical Ventilator Industry Projected to Exceed US$4 Billion by 2033, FMI Insights Reports
The North American Mechanical Ventilator Industry is poised to surpass the US$4 billion mark by 2033. Notably, the region experienced a remarkable surge in the market during the pandemic. To address the anticipated surge in mechanical ventilator demand in the USA, the CDC Strategic National Stockpile (SNS) has strategically stocked and maintained a variety of …