COVID-19 impact on Global Ventilator Market 2020

BERLIN - May 7, 2020 - PRLog -- COVID-19 is essentially a respiratory ailment. It complicates some of the pre-existing health conditions in patients leading to death. During hospitalization a small percentage of patients require assisted breathing; i.e. these patients need ventilators. With the drastic increase in the overall case of COVID-19, demand for ventilators and other medical equipment has increased, this has created a gap between the demand and supply of ventilators and medical equipment's across the majorly affected countries. Some estimates suggest that the demand for ventilators would reach to around 5-10% of the total cases. It is estimated that the world may need millions of ventilators in the coming weeks and months to deal with the COVID-19 situation. Government across the world has told ventilators manufacturers in their region to rapidly increase their production capacity to cope with the ever-increasing ventilator demands while some others have banned its export. While the COVID-19 cases are on the rise, it seems there are not enough ventilators available in hospitals right now for all of the potential patients who will be struck by the virus. The only way to avoid overwhelming intensive care units is with a mandatory lockdown that reduces social contact by 75%.

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Around the world, strict lockdowns were imposed as the COVID-19 outbreak took hold. From Australia to Africa, from America to Europe and Asia, cities were shut down, restricting how often people were allowed to leave their homes and for what reason. India has asked 1.3 billion citizens of the country to stay home. As of April 30, 2020; the total coronavirus cases topped 3.3 million as more than 85,463 people contracted the infection in a single day on April 30th, 2020. The death toll worldwide as of 30th April stands at 233,830 and the number of recoveries at 1,039,061. Nearly 80% of the coronavirus cases are from the United States and Europe. The United States accounts for more than 33.1% while Europe is the most affected continent.

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