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The global ventilators market size was valued at USD 3.40 billion in 2024. The market is projected to grow from USD 3.50 billion in 2025 to USD 4.80 billion by 2032, exhibiting a CAGR of 4.4% during the forecast period (2025-2032). North America dominated the ventilators market with a market share of 59.70% in 2024.
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