Respiratory Devices Market - Global Trends and forecast till 2025
Respiratory devices are used to mechanically supply respiratory gas or oxygen to the patients with impaired respiratory function. The currently available innovative respiratory devices automatically adjust inhalations and exhalations according to the patient’s requirement. The devices are also available in various versions such as emergency respiratory devices for rescue application, long-term respiratory devices for intensive care, and mobile home respiratory devices.
Respiratory devices are used to mechanically supply respiratory gas or oxygen to the patients with impaired respiratory function. The currently available innovative respiratory devices automatically adjust inhalations and exhalations according to the patient’s requirement. The devices are also available in various versions such as emergency respiratory devices for rescue application, long-term respiratory devices for intensive care, and mobile home respiratory devices.
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<strong>Respiratory</strong> <strong>Devices</strong> <strong>Market</strong>-<br />
GLOBAL INDUSTRY INSIGHTS, TRENDS,<br />
OUTLOOK, AND OPPORTUNITY ANALYSIS, 2017-<br />
<strong>2025</strong><br />
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REPORT DESCRIPTION<br />
<strong>Respiratory</strong> <strong>Devices</strong> <strong>Market</strong> – Overview<br />
<strong>Respiratory</strong> <strong>Devices</strong> <strong>Market</strong> – Breathing Life into Critically ill Patients<br />
<strong>Respiratory</strong> devices are used to mechanically supply respiratory gas or oxygen to the patients with impaired respiratory<br />
function. The currently available innovative respiratory devices automatically adjust inhalations <strong>and</strong> exhalations according to<br />
the patient’s requirement. The devices are also available in various versions such as emergency respiratory devices for rescue<br />
application, long-term respiratory devices for intensive care, <strong>and</strong> mobile home respiratory devices.<br />
The global respiratory devices market was valued at US$ 15,143.2 million in 2016 <strong>and</strong> is expected to witness a robust CAGR of<br />
8.8% over the <strong>forecast</strong> period (2017 – <strong>2025</strong>).<br />
Increasing prevalence of chronic respiratory diseases such as asthma, chronic pulmonary lung disease, pulmonary hypertension, <strong>and</strong><br />
occupational lung disease are the major factors augmenting growth of the respiratory devices market, owing to the pronounced need of<br />
therapeutic respiratory devices in the medical as well as in the homecare settings. According to the World Health Organization (WHO),<br />
in 2017, asthma is a major non communicable disease with an estimated 235 million people suffering from the condition. According to<br />
the American Academy of Allergy Asthma <strong>and</strong> Immunology, 2015, an estimated number of people suffering from asthma is expected to<br />
increase by more than 100 million by <strong>2025</strong>. North America is expected to dominate the respiratory devices market, owing to increasing<br />
number of hospitalizations <strong>and</strong> emergency visits associated with acute or life threatening medical problems. According to the study by<br />
Society of Critical Care Medicine 2016, more than 5.7 million patients are admitted annually to intensive care units (ICUs) in the U.S.<br />
for support of airway, breathing or circulation, <strong>and</strong> comprehensive management of injury.<br />
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REPORT DESCRIPTION<br />
<strong>Respiratory</strong> <strong>Devices</strong> <strong>Market</strong> Taxonomy:<br />
By Product Type<br />
●<br />
●<br />
●<br />
Therapeutic <strong>Devices</strong><br />
Monitoring <strong>Devices</strong><br />
Diagnostic <strong>Devices</strong><br />
By Age Group<br />
●<br />
●<br />
Neonatal/Pediatric<br />
Adults<br />
By Application:<br />
●<br />
●<br />
●<br />
●<br />
Chronic Obstructive Pulmonary Disease (COPD)<br />
Sleep Apnea<br />
Asthma<br />
Others<br />
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REPORT DESCRIPTION<br />
<strong>Respiratory</strong> <strong>Devices</strong> <strong>Market</strong> Taxonomy:<br />
By End User<br />
●<br />
●<br />
●<br />
●<br />
Hospitals<br />
Clinics<br />
Home Care Settings<br />
Ambulatory Care Centers<br />
By Geography<br />
●<br />
●<br />
●<br />
●<br />
●<br />
●<br />
North America<br />
Latin America<br />
Europe<br />
Asia Pacific<br />
Middle East<br />
Africa<br />
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REPORT DESCRIPTION<br />
<strong>Respiratory</strong> <strong>Devices</strong> <strong>Market</strong>: Key Players<br />
Major players involved in the global respiratory devices market include:<br />
●<br />
Koninklijke Philips N.V.<br />
●<br />
3M<br />
●<br />
AstraZeneca Plc.<br />
●<br />
GE Healthcare<br />
●<br />
GlaxoSmithKline Plc.<br />
●<br />
Medtronic plc<br />
●<br />
Becton<br />
●<br />
Dickinson <strong>and</strong> Company<br />
●<br />
Invacare Corporation<br />
●<br />
ResMed, Inc.<br />
●<br />
CareFusion Corporation.<br />
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