The Global Respiratory Devices And Equipment (Therapeutic) Market Report by The Business Research Company covers respiratory devices and equipment (therapeutic) market drivers and restraints, respiratory devices and equipment (therapeutic) market size, major players, and the impact of COVID-19 on the respiratory devices and equipment (therapeutic) market.
The respiratory devices and equipment (therapeutic) market consists of sales of respiratory devices and equipment used to treat patients with acute or chronic respiratory disorders such as chronic obstructive pulmonary disease (COPD), chronic bronchitis, asthma, sleep disorders, etc. The market includes the sales of respiratory monitoring devices establishments primarily engaged in the manufacturing of nebulizers, humidifiers, oxygen concentrators, positive airway pressure devices, ventilators, capnographs, and gas analyzers.
The market for respiratory devices and equipment is expected to expand rapidly. The fact that COVID-19 is essentially a respiratory ailment has boosted the use of respiratory monitoring devices, in turn contributing to the growth of this market.
The global respiratory devices and equipment (therapeutic) market is expected to decline from $33.97 billion in 2020 to $24.71 billion in 2021 at a compound annual growth rate (CAGR) of -27.3%. 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 respiratory devices and equipment market is expected to reach $45.81 billion in 2025 at a CAGR of 16.7%.
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Some therapeutic respiratory devices and equipment market trends include companies increasingly using AI to develop respiratory devices to treat asthma and COPD. Artificial intelligence supports the development of innovative sensors-equipped inhalers which helps patients to track their dosage intake. These sensors are durable and consume less power and help caution the patients by noting the differences or fluctuations in the respiration. These are used for both add-on and embedded inhalers. These inhalers with sensors can track data automatically and can alert both the doctors and patients about the health condition of the patients. Also, the companies in developing devices such as AI aided imaging systems and AI aided platforms that will act as voice biomarkers.
Global respiratory devices and equipment (therapeutic) market segments include:
1) By Product: Nebulizers, Humidifiers, Oxygen Concentrators, Positive Airway Pressure Devices, Ventilators, Capnographs, Gas Analyzers.
2) By End-User: Homecare Settings, Hospitals.
3) By Technology: HEPA Filter, Electrostatic Filtration, Microsphere Separation, Hollow Fiber Filtration, Others.
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 (Therapeutic) 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) market overviews, analyzes and forecasts market size, share, respiratory devices and equipment (therapeutic) market players, respiratory devices and equipment (therapeutic) market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The respiratory devices and equipment (therapeutic) 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 (Therapeutic) 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: Hamilton Medical Ag, Koninklijke Philips N.V, Smiths Medica, Ge Healthcare, Philips Health Care, Chart Industries, Invacare Corporation, Fisher & Paykel Healthcare Limited, Resmed, Dragerwerk Ag, Medtronic Plc, Masimo Corp., Carefusion Corp, Getinge Ab, Hill-Rom, Becton, Dickinson And Company, Air Liquide, Vyaire Medical, Compumedics Ltd., Covidien Plc, Mindray, Inogen, Nihon Kohden Corporation, Siemens Healthcare, Teleflex Incorporated., Breas Medical, Airsep Corporation, Rotech Healthcare Inc, 3B Medical.
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) 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) Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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