REDDING, Calif. , June 20, 2024 /PRNewswire/ -- According to a new market research report, " Ventilators Market by Product (Instrument, Catheter, Mask, Tube) Mobility (Intensive Care, Portable) Interface (Invasive, Non-invasive) Age Group (Adult, Neonatal) Mode (Volume, Pressure, Dual) End User (Hospital, ASC, Home Care) – Global Forecast to 2031" , published by Meticulous Research ® , the ventilators market is projected to reach $13.23 billion by 2031, at a CAGR of 8.
3% from 2024 to 2031. Download Sample Report Now- https://www.meticulousresearch.
com/download-sample-report/cp_id=5093 A ventilator is a medical device designed to deliver oxygen into a person's body through a tube inserted into the windpipe, typically through the mouth or nose. Before entering the body, the air passes through a humidifier and filter to ensure it is clean and comfortable to breathe. Ventilators are equipped with adjustable settings for controlling the breathing rate and the volume of air delivered to the patient.
The growth of the ventilators market is driven by factors such as the increasing number of intensive care units (ICUs) and ICU beds, the rising incidence & prevalence of respiratory diseases, rapid urbanization coupled with rising pollution levels, the growth in the geriatric population, and the rising incidence of preterm births. However, the high costs of ventilators and the high preference for alternative oxygenation therapies restrain the market's growth. The increasing demand fo.
