The respiratory trainer market comprises various devices and equipment that help improve lung capacity and respiratory functions. Respiratory trainers are used for respiratory muscle training in patients suffering from respiratory diseases like asthma, chronic obstructive pulmonary disease (COPD), and cystic fibrosis. These devices apply resistance during inhalation and exhalation, strengthening the respiratory muscles over time with regular usage. The devices are available in various shapes and sizes to accommodate patients of different age groups and severities. For example, some common products in the market include hand-held resistive inspiratory muscles trainers, threshold inspiratory muscle trainers, and positive expiratory pressure devices. The global respiratory trainer market is estimated to be valued at US$ 481.83 Mn in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
The increasing prevalence of respiratory diseases like asthma and COPD due to rising air pollution and growing elderly population is a major driver boosting the respiratory trainer market. As per the latest Global Burden of Disease Study, COPD affected over 174.5 million people globally in 2017 and caused over 3 million deaths. Growing awareness about advantages of respiratory muscle training and availability of advanced devices with better functionalities is also fueling the adoption of respiratory trainers across healthcare facilities as well as home settings. However, high cost of these devices, reimbursement issues in some regions, and preference of alternative pulmonary rehabilitation therapies in developing nations may restrain market growth during the forecast period.
SWOT Analysis
Strength: The Respiratory Trainer Market has a large consumer base as respiratory issues such as asthma, COPD and bronchitis are very common globally. Respiratory trainers help build pulmonary strength and lung capacity over time through controlled breathing exercises. They provide measurable output on breathing parameters which help monitor patient progress.
Weakness: Respiratory trainers can be expensive for consumers compared to basic breathing devices. There is also a lack of awareness about the benefits of respiratory training in developing regions. Portability and convenience of use can be improved for some respiratory trainer designs.
Opportunity: Rising pollution levels and increasingly sedentary lifestyles are contributing to higher prevalence of respiratory diseases. This increases the potential customer base for respiratory trainers. There is scope to develop affordable and easy-to-use respiratory trainers tailored for home settings. Integrating respiratory trainers with mobile apps and remote patient monitoring can boost adoption.
Threats: Alternative therapies such as yoga breathing exercises and simple relaxation techniques offer free ways to improve respiratory health which can reduce demand. Strict regulations and compliance requirements raise product development and marketing costs for players in this industry. Technology advancements may make some respiratory trainer models obsolete quickly.
Key Takeaways
The global Respiratory Trainer Market is expected to witness high growth. The market size is projected to reach US$ 481.83 million by 2024, expanding at a CAGR of 7.3% during the forecast period of 2023 to 2030. The prevalence of COPD and asthma has risen significantly worldwide in recent years driving up the need for respiratory trainers.
Regional analysis: North America currently dominates the market owing to supportive reimbursement policies and advanced healthcare infrastructure in countries like the US and Canada. However, Asia Pacific is emerging as the fastest growing region on account of large patient pools, increasing healthcare spending and growing awareness about respiratory diseases. China, Japan and India will be major markets in the Asia Pacific region going forward.
Key players: Key players operating in the Respiratory Trainer Market are Medline Industries, Drive DeVilbiss Healthcare, Philips Healthcare, PARI, Invacare, Respironics, Elektra. Medline has a strong presence across North America and Europe while Philips and Respironics have wider international reach. New entrants are focusing on developing affordable respiratory trainers tailored for home use.
