Asia-Pacific Respiratory Care Devices Market, By Product (Therapeutic Devices, Monitoring Devices, Diagnostic Devices, Consumables and Accessories), Indication (Chronic Obstructive Pulmonary Disease (COPD), Sleep Apnea, Asthma, Infectious Diseases and Other Indications), End User (Hospitals, Home Care Settings and Ambulatory Care Centres), and Country (Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific) Industry Trends and Forecast to 2028.
Asia-Pacific respiratory care devices market is expected to witness market growth at a rate of 10.20% in the forecast period of 2021 to 2028. Data Bridge Market Research report on respiratory care devices market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the smoking of tobacco is escalating the growth of respiratory care devices market.
Respiratory care devices are known to be the instruments that are utilized to treat, monitor and diagnose respiratory diseases like pneumonia, asthma, tuberculosis and chronic obstructive pulmonary disease (COPD).
Major factors that are expected to boost the growth of the respiratory care devices market in the forecast period are the rise in the preterm birth events. Furthermore, the increase in the prevalence of multiple illnesses is further anticipated to propel the growth of the respiratory care devices market. On the other hand, the suitable reimbursement scenarios are further projected to impede the growth of the respiratory care devices market in the timeline period.
In addition, the swift rise in the seniors and the obese population will further provide potential opportunities for the growth of the respiratory care devices market in the coming years. However, the several damaging impacts on respiratory neonates might further challenge the growth of the respiratory care devices market in the near future.
This respiratory care devices market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the respiratory care devices market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Asia-Pacific Respiratory Care Devices Market Scope and Market Size
The respiratory care devices market is segmented on the basis of product, indication and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them in making strategic decisions for the identification of core market applications.
- On the basis of product, the respiratory care devices market is segmented into therapeutic devices, monitoring devices, diagnostic devices, consumables and accessories. Therapeutic devices is further sub segmented into PAP devices, ventilators, nebulizers, humidifiers, oxygen concentrators, inhalers, reusable resuscitators, nitric oxide delivery units and oxygen hoods. PAP devices is further sub segmented into CPAP devices, APAP devices, BIPAP devices. Ventilators are further sub segmented into ICU ventilators and portable or transportable ventilators. ICU ventilators are further sub segmented into high-end ventilators, mid-end ventilators and basic ventilators. Humidifiers are further sub segmented into heated humidifiers and passover humidifiers. Oxygen concentrators are further sub segmented into fixed oxygen concentrators and portable oxygen concentrators. Inhalers are further sub segmented into metered-dose inhalers and dry powder inhaler devices. Monitoring devices is further sub segmented into pulse oximeters, capnography and gas analysers. Pulse oximeters are further sub segmented into pulse oximeters sensors and pulse oximeter equipment. Diagnostic devices are further sub segmented into spirometers, polysomnography (PSG) devices, peak flow meters and other diagnostic devices. Consumables and accessories is further sub segmented into masks, disposable resuscitators, tracheostomy tubes, nasal cannulas and other consumables and accessories.
- On the basis of indication, the respiratory care devices market is segmented into chronic obstructive pulmonary disease (COPD), sleep apnea, asthma, infectious diseases, and other indications.
- On the basis of end user, the respiratory care devices market is segmented into hospitals, home care settings and ambulatory care centres.
Asia-Pacific Respiratory Care Devices Market Country Level Analysis
The respiratory care devices market is segmented on the basis of product, indication and end user.
The countries covered in the respiratory care devices market report are the Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific.
Australia dominates the respiratory care devices market due to the chronic obstructive pulmonary disease (COPD) being the 5th major cause of death in Australia. Moreover, around 20% of population who have chronic obstructive pulmonary disease (COPD) also have asthma, which is defined as asthma-COPD overlap (also called asthma-COPD overlap syndrome, or ACOS) which will further boost the growth of the respiratory care devices market during the forecast period.
The country section of the respiratory care devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The respiratory care devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the respiratory care devices market, the impact of technology using lifeline curves, and changes in healthcare regulatory scenarios and their impact on the respiratory care devices market. The data is available for the historic period 2010-2019.
Competitive Landscape and Asia-Pacific Respiratory Care Devices Market Share Analysis
The respiratory care devices market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the respiratory care devices market.
The major players covered in the respiratory care devices market report are Chart Industries, DeVilbiss Healthcare LLC, Drägerwerk AG & Co. KGaA, Fisher & Paykel Healthcare Limited., General Electric Company, Medtronic, Koninklijke Philips N.V., GlaxoSmithKline plc, ResMed, BD, Hamilton Medical, Masimo, Air Liquide, VYAIRE, Getinge AB, Abbott, 3M, AstraZeneca, MicroAire Surgical Instruments LLC., Smith & Nephew Inc., InnAccel Technologies Pvt Ltd. and MedPrime Technologies Pvt. Ltd., among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Asia-Pacific Respiratory Care Devices Market
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