Global Mechanical Ventilators Industry Poised for Steady Growth at 5.7% CAGR, Reaching US$10.5 Billion by 2033 | FMI Analysis

The Global Mechanical Ventilators Industry is on track for a stable expansion, driven by a growing demand for critical care solutions. According to a recent analysis by Future Market Insights (FMI), the market was valued at US$5.7 billion in 2022. Looking ahead, it’s projected to climb to US$10.5 billion by 2033, reflecting a Compound Annual …

Mechanical Ventilators Industry’s Remarkable 5.7% CAGR Journey Toward US$10.5 Billion by 2033 | Future Market Insights report

The Mechanical Ventilators Market revenues were estimated at US$ 5.7 Billion in 2022 and are anticipated to grow at a CAGR of 5.7% from 2023 to 2033, according to a recently published Future Market Insights report. By the end of 2033, the market is expected to reach US$ 10.5 Billion. The market for mechanical ventilators …