– Global medical ventilators market is anticipated to expand 2.5x by 2031 – Critical care medical ventilators in high demand, accounting for 40% of global demand in 2020 – Non-invasive medical ventilators to expand impressively at a CAGR of 12.1% by 2031 – Hospitals to remain primary medical ventilators end users, accounting for 50% of total demand – U.S to be a prominent market in North America, yielding 32% of total revenue