The MTV is also a demand valve (like a scuba reg) and will provide 100% O2 with no waste.
A non-rebreather mask can provide nearly 100% O2, but it wastes a lot of gas doing it. You have to crank the flow rate up to 15lpm or so to get near 100%, and its flowing even when you're not inhaling, which is pretty wasteful.
The Ventilator trigger is for positive-pressure ventilation. This is not a safe thing to use without specialized training, as you can end up inflating the stomach (even with the overpressure protection which theoretically prevents barotrauma - theoretically) and that can cause serious trouble - including regurgitation of the stomach contents which in an unconscious person can be FATAL.
If you don't have any use for the ventilation function, DAN has a demand valve without the trigger button on it for less money. It is otherwise identical.
On my boat I have a reg that can feed both a demand valve AND a non-rebreather mask at the same time. The demand valve is the preferred thing for a conscious, breathing victim, but if you end up with TWO victims set up this way you can still give them both O2.