According to the recent report published by Research Corridor, the Global Respiratory Care Devices Market is expected to provide sustainable growth opportunities during the forecast period from 2020 to 2027. This latest industry research study analyzes the Respiratory Care Devices market by various product segments, applications, regions and countries while assessing regional performances of numerous leading market participants.
The global respiratory care devices market size is accounted to grow at a significant CAGR of over 12% during the forecast period 2021 to 2027 and expected to reach over USD 30 billion by 2027. Globally there has been a sudden increase in demand for respiratory care devices due to corona virus outbreaks. Thus, the respiratory care devices market saw a high growth rate between 2019 and 2020. In 2020, the respiratory care devices market reached USD 58.1 billion.
The report titled "Respiratory Care Devices Market - Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast - 2020 – 2027" offers a holistic view of the Respiratory Care Devices industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Respiratory Care Devices market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
Respiratory Care Devices Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.
The Respiratory Care Devices Market Segmentation:
By Product:
- Therapeutic Devices
- Monitoring Devices
- Diagnostic Devices
- Consumables and Accessories
By Indication:
- Sleep Apnea
- Asthma
- Infectious Diseases
- Others
By End-User:
- Hospitals
- Ambulatory Care Centers
- Home Care
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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List of Key companies:
- Philips Healthcare
- Resmed
- Medtronic
- Masimo
- Fisher & Paykel Healthcare
- Becton, Dickinson and Company (BD)
- Invacare
- Chart Industries
- Dragerwerk AG
- Hamilton Medical
Key Questions Answered by Respiratory Care Devices Market Report
- Product popularity and adoption based on various country-level dynamics
- Regional presence and product development for leading market participants
- Market forecasts and trend analysis based on ongoing investments and economic growth in key countries
- Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others
- number of employees and market concentration, among others
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About Us:
Research Corridor is a global market research firm. Our insightful analysis is focused on developed and emerging markets. We identify trends and forecast markets with a view to aid businesses identify market opportunities optimize strategies. Our expert’s team of analysts’ provides enterprises with strategic insights. Research Corridor works to help enterprises grow through strategic insights and actionable solutions. Feel free to contact us for any report customization at [email protected] .
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The function of lungs starts to decline and hence the respiratory system undergoes numerous physiological, functional as well as immunological changes with the growing age.
Wide ranges of devices for diagnosis of respiratory diseases say asthma, sleep apnea, Chronic Obstructive Pulmonary Diseases (COPD).
In the year 2017, about 235 million people have asthma as per the World Health Organization, which signifies the need for respiratory care for asthma patients.
As per our analysis, the North America region holds significant market share among all regions across the globe in the global Respiratory care devices market by Regions.
Apart from that, Polysomnography Devices market will dominate this market during the forecast period by products that we have covered in this report.
Renub Research report titled “Respiratory Care Devices Market Global Analysis by Product (PAP Devices, Ventilators, Nebulizers, Humidifiers, Medical Oxygen Concentrators, Pulse Oximeters, Capnographs, Medical Gas Analyzers, Spirometers, Polysomnography, Devices, Peak Flow Meter, Breathing Circuits, Tracheostomy Tube, Others), Type (Therapeutic Devices, Monitoring Devices, Diagnostic Devices, Consumables & Accessories), Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa), Companies (Becton Dickinson and Company, GE Healthcare, Invacare, Philips Group, Fisher & Paykel Healthcare, Medtronic Plc.
