The Global Respiratory Devices And Equipment (Diagnostic) Market Report by The Business Research Company covers respiratory devices and equipment (diagnostic) market drivers and restraints, respiratory devices and equipment (diagnostic) market size, major players, and the impact of COVID-19 on the respiratory devices and equipment (diagnostic) market.
The respiratory devices and equipment (diagnostic) market consist of sales of diagnostic respiratory devices and equipment and related services by entities (organizations, sole traders, and partnerships) that manufacture respiratory devices and equipment. Respiratory devices and equipment are used in the diagnosis of respiratory disorders such as asthma, cystic fibrosis, and chronic obstructive pulmonary disease. Only goods and services traded between entities or sold to end consumers are included.
The increasing prevalence of various respiratory diseases contributed to the global respiratory devices and equipment market’s growth by increasing the use of diagnostic devices and equipment for diagnosis and treatment.
The global respiratory devices and equipment (diagnostic) market is expected to grow from $5.804 billion in 2020 to $6.233 billion in 2021 at a compound annual growth rate (CAGR) of 7.4%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $8.583 billion in 2025 at a CAGR of 8%.
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Some diagnostic respiratory devices and equipment market trends include companies in the market increasingly investing in portable and wireless diagnostic respiratory devices. The trend is being driven by the ease of handling, cost-effectiveness, advanced features of these devices, and their suitability for use at home care organizations. Innovative technology-enabled portable respiratory devices are being launched into the market, which unlike traditional devices, can be used for immediate diagnosis of vital signs, for example, the patients’ respiratory rate and the pulse rate.
Global respiratory devices and equipment market segments include:
1) By Product: Instruments And Devices, Assays And Reagents.
2) By Test Type: Traditional Diagnostic Tests, Mechanical Tests, Imaging Tests, Molecular Diagnostic Tests.
3)By Disease Type: Chronic Obstructive Pulmonary Disease, Lung Cancer, Asthma, Tuberculosis, Other Diseases.
4) By End User: Hospital/Clinical Laboratories, Physician Offices, Reference Laboratories, Other End Users.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Respiratory Devices And Equipment (Diagnostic) Global Market Report 2021: COVID 19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides respiratory devices and equipment (diagnostic) market overviews, analyzes and forecasts market size, share, respiratory devices and equipment (diagnostic) market players, respiratory devices and equipment (diagnostic) market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The respiratory devices and equipment (diagnostic) market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Respiratory Devices And Equipment (Diagnostic) Global Market Report 2021: COVID 19 Growth And Change to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: ResMed. Inc., Medtronic PLC, Massimo Corporation, Fisher & Paykel Healthcare Limited, Koninklijke Philips N.V., Smiths Medical, GE Healthcare, Chart Industries, Philips Healthcare, Becton Dickinson and Company, Abbott Laboratories, Thermo Fisher Scientific Inc., Alere Inc., Teleflex Incorporated, General Electric Healthcare Limited, Invacare Corporation, Vyaire Medical Inc, Dragerwerk AG & Co. KGaA, Getinge AB, Drager Medical GmbH, Maquet Corp., Invacare Corp., Biomérieux, Bio-Rad Laboratories Inc, Cosmed, Seegene Inc, Sdi Diagnostics.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The respiratory devices and equipment (diagnostic) Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Respiratory Devices And Equipment (Diagnostic) Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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