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Some of the major players in the global mechanical ventilators market include
Companies are working on the development of new products using advanced technology. For instance, in May 2022, Fisher & Paykel Healthcare Corporation Limited declared the release of the Airvo 3 high-flow system. This device offers wider settings for pediatric and neonatal patients, an integrated battery, a user-friendly interface, tailored oxygen delivery, and a higher maximum flow rate. The company was able to grow its customer base and obtain a competitive advantage over its rivals thanks to this planned launch.