Market Research Trends

Ventilators Market: Overview Mechanical Ventilators replace or assist the respiratory functions of a critically-ill patient who is at the risk of multiple organ failure due to lack of oxygen supply. These medical devices are expensive to manufacturer and prove to be the differentiating factor between life and death. In the light of COVID-19 pandemic, the world is facing a shortage of mechanical ventilators. Leading manufacturers across the globe are escalating the production of ventilators that could potentially save thousands of lives. Key stakeholders are witnessing an unprecedented demand in the event of current outbreak. Several companies in other industries such as aerospace and engineering have come forward to offer assistance and produce this absolutely vital equipment. For instance, Dyson and Rolls-Royce have volunteered to manufacture mechanical ventilators in the United Kingdom. Biomedical engineering experts have predicted the scarcity of mechanical ventilators at the...