Medical Equipment

Global Respiratory Monitoring Devices Market Overview And Prospects

December 14, 2021 by The Business Research Company

Learn about the global respiratory monitoring devices market through The Business Research Company, which provides information on respiratory monitoring devices market size, respiratory monitoring devices market drivers and restraints, respiratory monitoring devices market players, the COVID-19 impact on the respiratory monitoring devices market, and more.

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The global respiratory monitoring devices market is expected to decline from $1.86 billion in 2020 to $1.72 billion in 2021 at a compound annual growth rate (CAGR) of -7.5%. 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 monitoring devices market is expected to reach $2.32 billion in 2025 at a CAGR of 7.8%.

Rising rate of chronic respiratory diseases is expected to drive innovation in respiratory monitoring devices manufacturing, thus driving the market during the forecast period.

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The respiratory monitoring devices market consists of sales of respiratory monitoring devices used to monitor respiration related parameters that aid the detection of acute or chronic respiratory disorders. The respiratory monitoring devices establishments are primarily engaged in the manufacturing of capnographs, gas analysers, pulse oximeters, peak flow meters, spirometers, and polysomnography.

Global respiratory monitoring devices market segments include:

By Type: Capnographs, Gas Analysers, Pulse Oximeters, Peak Flow Meters, Spirometers, Polysomnographs, Others

By End-User: Laboratories, Hospitals, Home Use

By Application: Chronic Obstructive Pulmonary Disease (COPD), Infectious Diseases, Asthma, Others

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

The companies in the market are increasingly launching smart respiratory monitoring devices to diagnose and monitor number of respiratory diseases. These smart respiratory monitoring devices are Bluetooth-enabled which can be connected to smartphones to continuously monitor the vital respiratory parameters.

TBRC’s respiratory monitoring devices market report covers:

Major Market Players: Covidien, GE Healthcare, Philips Healthcare, ResMed, Siemens Healthcare, Merck & Co., Calando Pharmaceuticals, Quark Pharmaceuticals, Sirnaomics Inc., and Traversa Therapeutics.

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)

The Respiratory Monitoring Devices 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 monitoring devices market overviews, analyzes and forecasts market size, share, respiratory monitoring devices market players, respiratory monitoring devices market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s respiratory monitoring devices market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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