IMARC Group, a leading market research company, has recently releases report titled “Respiratory Care Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.” The study provides a detailed analysis of the industry, including the global respiratory care devices market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How Big is the Respiratory Care Devices Market?
Report Attributes | Details |
Market Size in 2021 | US$ 18.6 Billion |
Market Forecast in 2027 | US$ 30.4 Billion |
Growth rate (2022 to 2027) | CAGR of 8.43% |
Base Year of the Analysis | 2021 |
Forecast Period | 2022-2027 |
What are Respiratory Care Devices?
Respiratory care devices refer to medical equipment used to assist patients with breathing difficulties or respiratory disorders. These devices include oxygen concentrators, nebulizers, ventilators, CPAP machines, and others. Respiratory care devices are designed to help patients breathe more easily, improve oxygen intake, and manage respiratory symptoms. They are used in various settings, including hospitals, clinics, and homes, and are crucial for treating respiratory conditions, such as asthma, chronic obstructive pulmonary disease (COPD), sleep apnea, and pneumonia. Respiratory care devices are usually prescribed by healthcare professionals and are available in a range of sizes and configurations to meet the individual needs of patients.
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What are the Growth Prospects and Trends in the Respiratory Care Devices Market?
The increasing prevalence of respiratory disorders, including asthma, COPD, and sleep apnea, represents a key factor driving the market growth across the globe. This, coupled with the rising aging population is acting as a major growth-inducing factor. In line with this, the technological advancements in the development of respiratory devices, along with manufacturers focusing significantly on improving the efficiency, safety, and comfort of respiratory care devices are contributing to the growth of the market. The market is also driven by the increasing awareness regarding the benefits of effective utilization respiratory care devices. In addition to this, the rising demand for home healthcare solutions is creating a positive outlook for the market.
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Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
Who are the Key Players Operating in the Respiratory Care Devices Industry?
The report has also analyzed the competitive landscape of the market with some of the key players.
- Philips Healthcare
- ResMed
- Chart Industries Inc.
- Hamilton Medical
- Medtronic, Masimo
- Drägerwerk
- Invacare Corporation
- Allied Healthcare Products Inc
- 3B Medical Inc.
- Air Liquide
- Fisher Paykel Healthcare
- GE Healthcare
- Vyaire Medical Inc.
- Rotech Healthcare Inc.
What is Included in Market Segmentation?
The report has categorized the market based on product, indication, end-user and region.
Breakup by Product:
- Therapeutic Devices
- Positive Airway Pressure (PAP) Devices
- Ventilators
- Nebulizers
- Humidifiers
- Inhalers
- Other
- Monitoring Devices
- Pulse Oximeters
- Gas Analyzers
- Others
- Diagnostic Devices
- Spirometers
- Polysomnography Devices
- Peak Flow Meters
- Others
- Consumables and Accessories
- Masks
- Disposable Resuscitators
- Breathing Circuits
- Tracheostomy Tubes
- Nasal Cannulas
- Others
Breakup by Indication:
- Chronic Obstructive Pulmonary Disease (COPD)
- Asthma
- Sleep Apnea
- Infectious Disease
- Others
Breakup by End-User
- Hospitals
- Home Care Settings
- Ambulatory Care Centers
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
Key Highlights of The Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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