Ventilator Market Experience A Significant Impact In 2020 Influenced by Covid-19 Pandemic

Ventilator Demand Owing To Covid-19 Impact Is Expected To Witness Very High Growth By Dec 2020, The United States To Witness The Highest Demand
By: UnivDatos Market Insights (UMI)
 
DELHI, India - May 12, 2020 - PRLog -- As the coronavirus outbreak wreaks havoc around the world, infecting more than 3.3 million people globally as of April 30th, 2020, healthcare experts fear there could be a severe shortage of ventilators. COVID-19 is known to affect the respiratory system of the patient who is required to be put on a ventilator. A ventilator is a machine used to put additional pressure to pump oxygen into the bloodstream and take out carbon dioxide from the lungs of the patient. Various reports suggest that the country around the globe does not have sufficient ventilator stock at present to cope with the pandemic. Hence, the government across the world seeking out every possible way to get these machines for the next three to four months to help patients hit by the coronavirus pandemic.

For a detailed analysis of the Ventilator demand during COVID-19 impact browse through: https://univdatos.com/report/global-ventilator-demand-analysis-covid-19-impact-feb-dec-2020

Due to a shortage of ventilators, patient caretakers and doctors use bag valve mask devices to manually ventilate patients for prolonged periods leading to mortality and morbidity. To fulfil the requirement of ventilators, many start-ups and innovators are coming up with solutions. Ventilator manufacturers are racing to boost production of the medical ventilators required to save the lives of many critically ill coronavirus patients, but they will not be able to ramp up production quickly enough to meet the demands of the exponentially growing cases of COVID-19. Draegerwerk AG, Medtronic PLC, Getinge AB, Philips NV and Hamilton Medical among the biggest suppliers of medical ventilators and related respiratory equipment, are working day and night to meet increased global demand. For instance: Hamilton Medical, which typically produces about 15,000 of the devices a year, has ramped up production about 40% amid COVID-19 outbreak.

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Source:UnivDatos Market Insights (UMI)
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Tags:Ventilator Market
Industry:Business
Location:Delhi - Delhi - India
Subject:Reports
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