Medical Equipment

Global Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends

The Global Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market Report by The Business Research Company covers respiratory devices and equipment (therapeutic and diagnostic) market drivers and restraints, respiratory devices and equipment (therapeutic and diagnostic) market size, major players, and the impact of COVID-19 on the respiratory devices and equipment (therapeutic and diagnostic) market.


The respiratory devices and equipment (therapeutic and diagnostic) market consists of sales of respiratory devices and equipment (therapeutic and diagnostic) and related services. Respiratory devices and equipment are used to provide medication or assist a patient who is having difficulty in breathing and cannot achieve adequate oxygen levels to maintain life. Patients with respiratory disorders such as asthma, cystic fibrosis, chronic obstructive pulmonary disease, and acute respiratory distress syndrome require respiratory devices and equipment.

 

Global therapeutic respiratory devices and equipment market will be driven by the increase in diseases such as Chronic Obstructive Pulmonary Disease (COPD), asthma, and lung cancer. Growth in geriatric population, tobacco consumption, allergens and air pollutants increase the prevalence of respiratory diseases, in turn driving the global therapeutic respiratory devices market.

 

The global respiratory devices and equipment (therapeutic and diagnostic) market is expected to grow from $22.4 billion in 2020 to $24.22 billion in 2021 at a compound annual growth rate (CAGR) of 8.1%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The market is expected to reach $33.13 billion in 2025 at a CAGR of 8.1%.

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Some therapeutic and diagnostic respiratory devices and equipment market trends include companies in the market increasingly investing in enhanced mechanical ventilators for efficient patient management. These mechanical ventilators use artificial intelligence to improve the patient management by examining, analyzing, integrating and incorporating data from extensive sources. These AI-enabled devices ensure consistency even in the absence of expert personnel, improve patients’ treatment, limit clinical mistakes and predict prolonged mechanical ventilation by using artificial intelligence techniques.


Global respiratory devices and equipment (therapeutic and diagnostic) market segments include:

1) By Type: Diagnostic Devices, Therapeutic Devices, Monitoring Devices.

 

2) By End User:  Hospitals, Clinics, Homecare Settings, Ambulatory Service Centers.

 

3) By Therapeutic Devices: Humidifiers, Nebulizers, Oxygen Concentrators, Positive Airway Pressure (PAP) Devices, Ventilators, Others.

 

4) By Diagnostic Devices: Spirometer, Polysomnographs, Peak Flow Meters

 

5) By Monitoring Devices: Pulse Oximeters, Capnographs, Gas Analyzers

 

6) By Application: Chronic Obstructive Pulmonary Disease (COPD), Asthma, Obstructive Sleep Apnea (OSA), Respiratory Distress Syndrome (RDS), Cystic Fibrosis, Pneumonia.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.


Read More On The Respiratory Devices And Equipment (Therapeutic And Diagnostic) Global Market Report 2021: COVID 19 Implications And Growth to 2030 At:

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The Respiratory Devices And Equipment (Therapeutic And Diagnostic) Global Market Report 2021: COVID 19 Implications And Growth to 2030 is one of a series of new reports from The Business Research Company that provides respiratory devices and equipment (therapeutic and diagnostic) market overviews, analyzes and forecasts market size, share, respiratory devices and equipment (therapeutic and diagnostic) market players, respiratory devices and equipment (therapeutic and diagnostic) market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The respiratory devices and equipment (therapeutic and diagnostic) market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More:

Read Respiratory Devices And Equipment (Therapeutic And Diagnostic) Global Market Report 2021: COVID 19 Implications And Growth 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: Smiths Medical, Philips Healthcare, GE Healthcare, Chart Industries, Invacare Corporation, Fisher & Paykel Healthcare Limited, ResMed, Koninklijke Philips N.V., Dragerwerk AG, Medtronic plc, Masimo corp., CareFusion Corporation , Compumedics Limited, Covidien PLC, Becton Dickinson and Company, Hamilton Medical, Mindray, Vyaire Medical, Getinge AB, AirSep Corporation, Breas Medical, Hill-Rom, Inogen, Shenzhen Mindray Bio-Medical Electronics Co., Maquet, DeVilbiss Healthcare LLC, GlaxoSmithKline PLC.

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 (therapeutic and 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 (therapeutic and diagnostic) Sector: The report reveals where the global industry will put on most $ sales up to 2023.

Interested to know more about The Business Research Company?

The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx


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