/PRNewswire/ The global IV fluid monitoring devices market size is estimated to grow by USD 1,494.23 million from 2022 to 2027, according to Technavio. The.
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According to this report the global respiratory ventilator tester market is expected to reach $199.20 million by 2027 from $148.00 million in 2019; it is estimated to grow at a CAGR of 3.8% from 2020 to 2027. The report highlights trends prevailing in the global respiratory ventilator tester market, and the drivers and restraints pertaining to the market growth.
Based on product, the global respiratory ventilator tester market is segmented into portable, desktop, others. The portable segment held the largest share of the market in 2019, and same segment is anticipated to register the highest CAGR of 4.2 % in the market during the forecast period. Increasing number of patients with severe respiratory diseases, and launch of innovative technologies are the major factors contributing to the growth of the market for portable respiratory ventilator tester.