Respiratory Care Devices Market, By Indication (Chronic Obstructive Pulmonary Disease (COPD), Sleep Apnea, Asthma, Infectious Diseases, Other Indications), Product (Therapeutic Devices, Monitoring Devices, Diagnostic Devices, Consumables and Accessories), End User (Hospitals, Home Care Settings, Ambulatory Care Centers), Country (Germany, U.K., France, Italy, Spain, Switzerland, Netherlands, Belgium, Russia, Turkey Ukraine and Rest of Europe) Industry Trends and Forecast to 2028
Respiratory care devices market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 9.42% in the above-mentioned forecast period. Rising prevalence of respiratory diseases drives the respiratory care devices market.
Respiratory care devices are the type of instruments which are used to monitor, treat and diagnose respiratory diseases such as pneumonia, asthma, tuberculosis and chronic obstructive pulmonary disease (COPD). These instruments are used to improve or enhance pulmonary function and oxygenation of the lung. Inhalers include ventilators, PAP devices, nebulizers, and oxygen concentrators.
Extensive growth in the global geriatric population is the vital factor escalating the market growth, also rising urbanization and growing pollution levels, rising preterm birth events, increased prevalence of tobacco smoking, changing lifestyles, rising incidence rate of preterm births and rising outbreak of infectious diseases affecting respiratory system are the major factors among others driving the respiratory care devices market. Moreover, rising demand for home care therapeutic devices, increased growth in developing countries across APAC and Latin America and rising point-of-care diagnostics will further create new opportunities for respiratory care devices market in the forecasted period of 2021-2028.
However, rising unfavorable reimbursement scenario and rising availability of low-cost products from local manufacturers are the major factors among others which will obstruct the market growth, while low awareness and large underdiagnosed and undertreated population, and harmful effects of certain devices on neonates will further challenge the growth of respiratory care devices market in the forecast period mentioned above.
This respiratory care devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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 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.
Respiratory Care Devices Market Scope and Market Size
Respiratory care devices market is segmented on the basis of indication, product and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- 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.
- Based on product, the respiratory care devices market is segmented into therapeutic devices, monitoring devices, diagnostic devices and consumables & accessories. Therapeutic devices have been further segmented into PAP devices, ventilators, nebulizers, humidifiers, oxygen concentrators, inhalers, reusable resuscitators, nitric oxide delivery units and oxygen hoods. PAP devices have been further sub segmented into CPAP devices, APAP devices and BIPAP devices. Ventilators have been further segmented into ICU ventilators and portable/transportable ventilators. ICU ventilators have been further sub segmented into high-end ventilators, mid-end ventilators and basic ventilators. Humidifiers have been further sub segmented into heated humidifiers and passover humidifiers. Oxygen concentrators have been further sub segmented into fixed oxygen concentrators and portable oxygen concentrators. Inhalers have been further sub segmented into metered-dose inhalers and dry powder inhaler devices. Monitoring devices have been further segmented into pulse oximeters, capnography and gas analyzers. Pulse oximeters have been further sub segmented into pulse oximeters sensors and pulse oximeter equipment. Diagnostic devices have been further segmented into spirometers, polysomnography (PSG) devices, peak flow meters and other diagnostic devices. Consumables & accessories have been further segmented into masks, disposable resuscitators, tracheostomy tubes, nasal cannulas and other consumables & accessories. Masks have been further sub segmented into reusable masks, disposable masks. Reusable masks have been further bifurcated into nasal masks, full-faced masks, nasal pillow masks and oral masks.
- The respiratory care devices market is also segmented on the basis of end-user into hospitals, home care settings and ambulatory care centers.
Respiratory Care Devices Market Country Level Analysis
Respiratory care devices market is analysed and market size insights and trends are provided by country, indication, product and end-user as referenced above.
The countries covered in the respiratory care devices market report are Germany, U.K., France, Italy, Spain, Switzerland, Netherlands, Belgium, Russia, Turkey Ukraine & Rest of Europe.
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, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of regional brands and their challenges faced due to large or scarce competition from local and domestic brands, 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
Respiratory care devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for respiratory care devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the respiratory care devices market. The data is available for historic period 2021 to 2028.
Competitive Landscape and Respiratory Care Devices Market Share Analysis
Respiratory care devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional 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 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, Medtronic, Koninklijke Philips N.V., GlaxoSmithKline plc, ResMed, BD, Hamilton Medical, Masimo, Air Liquide, VYAIRE, Getinge AB, Abbott, 3M, AstraZeneca, MicroAire Surgical Instruments LLC., and Smith & Nephew Inc. among other domestic and regional players. Market share data is available for Europe only. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Europe Respiratory Care Devices Market
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