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The U.S. mechanical ventilators market size is expected to reach USD 1.71 billion by 2027, according to a new report by Grand View Research Inc. It is expected to expand at a CAGR of 3.0% from 2022 to 2027.
The rising number of hospitalizations due to the coronavirus pandemic and increased need for ventilation among patients in the U.S. are expected to boost the adoption of mechanical ventilators.
One of the key driving factors is the rising prevalence of respiratory diseases, which is expected to have a significant impact on market growth. The adoption of long-term Home Mechanical Ventilation (HMV) in case of chronic respiratory failure due to diseases, such as thoracic disease, Chronic Obstructive Pulmonary Disorder (COPD), and neuromuscular disease, is expected to increase over the forecast period.
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U S Mechanical Ventilators Market Size, Growth, Trends and Foresight to 2022
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