North America Respiratory care devices market, By Product (Therapeutic Devices, Monitoring Devices, Diagnostic Devices, Consumables & Accessories), Indication (Chronic Obstructive Pulmonary Disease (COPD), Sleep Apnea, Asthma, Infectious Diseases, Other Indications), End User (Hospitals, Home Care Settings, Ambulatory Care Centers), Country (U.S., Canada, Mexico,) Industry Trends and Forecast to 2028.
Market Analysis and Insights : North America Respiratory Care Devices Market
The respiratory care devices market is expected to witness market growth at a rate of 9.70% 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.
Respiratory care devices are basically the medical equipment used for the diagnosis, monitoring treatment and care of patients suffering from pulmonary diseases, asthma, pneumonia or tuberculosis. The respiratory devices include positive airway pressure (PAP) devices, nebulizers, inhalers, humidifiers, spirometers among others.
Major factors that are expected to boost the growth of the respiratory care devices market in the forecast period are the rise in preterm birth events and lifestyle modifications have risen the incidence of multiple illnesses. Furthermore, the surging tobacco smoking and rapid increase in the seniors and the obese population in North America, is further anticipated to propel the growth of the respiratory care devices market. However, the easy accessibility of small price products from local producers and absence of awareness in emerging regions are further projected to impede the growth of the respiratory care devices market in the timeline period.
In addition, the increase in urbanization results in pollution concentrations which are projected to generate new opportunities for the market. However, the various damaging impacts on respiratory neonates further challenge the growth of the market.
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 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 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.
North America Respiratory Care Devices Market Scope and Market Size
The respiratory care devices market is segmented on the basis of products, application, type and end user. The growth amongst these segments will help you analyses 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 product, the respiratory care devices market is segmented into therapeutic devices, monitoring devices, diagnostic devices, consumables and accessories. The therapeutic devices are further sub-segmented into PAP devices, ventilators, nebulizers, humidifiers, oxygen concentrators, inhalers, reusable resuscitators, nitric oxide delivery units and oxygen hoods. The PAP devices are further classified into CPAP, APAP and BIPAP. The ventilators are classified into ICU ventilators and portable/transportable ventilators. The ICU ventilators are further classified as high-end ventilators, mid-end ventilators and basic ventilators. The humidifiers are also sub-segmented into heated and pass-over. The oxygen concentrators are sub-segmented into fixed and portable oxygen concentrators. The inhalers are sub-segmented into metered-dose inhalers and dry powder inhaler devices. The monitoring devices are sub-segmented into pulse oximeters, capnographs and gas analyzers. The pulse oximeters are further sub-segmented into pulse oximeters sensors and pulse oximeters equipment. The consumables and accessories, on the other hand are sub-segmented into masks, disposable resuscitators, tracheostomy tubes, nasal cannulas and others. The masks are further sub-segmented into reusable and disposable masks. The reusable masks are further classified into nasal, full-faced, nasal pillow and oral.
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 centers.
North America Respiratory Care Devices Market Country Level Analysis
The respiratory care devices market is analyzed and market size insights and trends are provided by products, application, type and end user as referenced above.
The countries covered in the respiratory care devices market report are the U.S., Canada and Mexico in North America.
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 North America 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
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 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 2010-2019.
Competitive Landscape and North America Respiratory Care Devices Market Share Analysis
The 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, North America 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., Smith & Nephew Inc., Hill-Rom Services Inc., Breathe Technologies, Inc., among other domestic and North America players. Market share data is available for North America. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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