Global Medical Ventilators Industry Crosses US$ 4 Billion, Envisions a Strong 9.1% CAGR Journey into 2033, According to FMI Insights

Future Market Insights (FMI), a renowned market intelligence and consulting firm, has released its latest research findings, unveiling a promising future for the Global Medical Ventilators Industry. The comprehensive study predicts a substantial surge in the market, reaching a valuation of US$ 1.7 billion in 2023 and projecting an impressive annual growth rate of 9.1% …

Medical Ventilators Market is expected to advance at 9.1% between 2023 and 2033

Greater emphasis on ramping up the production to address a sudden increase in demand in the time of COVID-19 pandemic is accelerating the growth of medical ventilators market. The global medical ventilators market was valued at US$ 1.2 Bn in 2019 and is expected to exhibit a CAGR of 8.7% during the forecast period (2020-2030). Increase in …