Respiratory Ventilator Tester Market Share and Forecast by 2031
The escalating burden of respiratory diseases and the increasingly ageing population prone to several respiratory ailments is augmenting the market growth. For instance, according to the data published in Jama Network Open article in December 2023, COPD prevalence in 2020 among both males and females, was estimated to be 10.6%, which is approximately 480 million cases. The COPD cases were projected to increase by 112 million to a total of 592 million by 2050, especially among females and low-middle income regions. Thus, the huge burden of COPD, which is one of the major respiratory diseases is projected to increase the overall demand for its treatment and will require ventilator testers, thereby boosting the market for respiratory ventilator testers over the forecast period.
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