Marked 3 years 5 months ago onto Respiratory Care Devices Market Growth and Demand
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In 2021, the respiratory care devices market was around $19,257.2 million, and it is predicted to advance at a 7.9% CAGR from 2021 to 2030, hitting $38,085.6 million in 2030. The major reasons behind the growth of this market are the surging incidence of preterm births and the growing geriatric population. Rapid Urbanization Causing Breathing Problems The rapid Urbanization has impacted the environment and lifestyle. The UN says that in the 21st century, cities are home to around 55% of the global population, which is expected to increase to 68% by 2050.
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