The Ventilators Market as a whole is anticipated to be dominated by North America during the projected period. The rise of respiratory disorders, product technology developments, the introduction of new products, and the emergence of epidemics and pandemics like COVID-19 are all contributing factors to this dominance. As of September 29, 2021, the World Health Organization reported 232,636,622 confirmed COVID-19 cases and 4,762,089 fatalities worldwide. 18.42% of all COVID-19 confirmed cases worldwide were from the United States.
The region's need for ventilators is anticipated to rise as a result of this sort of sickness. Additionally, the United States is the largest market in the world thanks to its well-developed healthcare system and widespread use of cutting-edge technologies. The Ventilators Market is expected to grow as a result of increasing product launch and commercialization partnerships between key manufacturers and other businesses. For instance, California-based CorVent Medical announced in May 2021 that their Respond-19 ventilator has acquired CE mark clearance and is ready to be introduced in Europe. It is anticipated that the system, which acquired FDA emergency use authorisation (EUA) for use in primary critical care in December 2020, will drive the growth for Ventilators Market.
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