openPR Logo
Press release

Respiratory Monitoring Devices Market will Expand at a Formidable CAGR of 8.27% during 2017 to 2023

09-05-2018 08:22 AM CET | Health & Medicine

Press release from: Transparency Market Research

Respiratory Monitoring Devices Market will Expand at

Figuratively representing the lucrativeness of the global respiratory monitoring devices market, a fresh business intelligence study done at the headquarters of Transparency Market Research (TMR) has detected that the competitive landscape is fairly fragmented, owing to the presence of a number of domestic and International players.

That being said, a few players such as Carefusion Corporation, ResMed, Inc., Smiths Medical, and Masimo Corporation do hold a position of strength in the global respiratory monitoring market, staying ahead of the curve as a result of their impressive product portfolio, strategic acquisitions, and constant bid to expand geographically. It must be noted that in late 2016, Becton, Dickinson and Company acquired CareFusion Corporation and now has started a joint venture with Apax Partners, giving birth to Vyaire Medical.

Obtain Report Details @

Although a fairly new player in terms of name but certainly not in experience, Vyaire Medical is now bidding for the pole position in the global respiratory monitoring market. The company manufactures more than 27,000 unique products for monitoring, treatment, and diagnosis of respiratory conditions. On the other hand, Smiths Medical oozes from a highly impressive product portfolio and technological expertise. Portex® is the brand that the company operates with, offering products such as active humidification systems, bronchial hygiene, lung expansion, and suction catheters.

Global Respiratory Monitoring Devices Market to be worth US$2,795.4 mn by 2023

As per the projections provides in the TMR report, the demand in the global respiratory monitoring devices market will expand at a formidable CAGR of 8.27% during the forecast period of 2017 to 2023. Revenue-wise, the analyst has estimated that the opportunities in respiratory monitoring devices market, worldwide, will translate into US$2,795.4 mn by the end of 2023, considerably more than the market’s evaluated worth of US$1,735.7 mn as of 2017.

Request for Sample Copy of Report @

Based on product, the TMR report segments the market for respiratory monitoring devices into pulse oximeter, capnographs, spirometer, and peak flow meter. The report also gauges the potential of demand that can be expected out of the end users: hospitals, laboratories, and home use. Geographically, North America, Asia Pacific, and Europe have been highlighted as three regions that will maintain a strong inflow of demand throughout the forecast period of 2017 to 2023.

Prevalence of COPD Driving Demand

The strong prevalence of respiratory diseases such as asthma, chronic obstructive pulmonary disease (COPD), and occupational lung diseases is the primary factor that is driving the demand in the respiratory monitoring devices market. Some of the common causes of respiratory diseases are tobacco smoking, indoor and outdoor air pollution, allergens, and workplace risks and vulnerabilities. In addition to that, technological advancements have paved way for efficient monitoring of the conditions and the products are getting adopted readily in the developed parts of the world. According to the American Academy of Allergy, there will be more than 100 million people suffering from asthma across the world by 2025. Additionally, geriatric population is increasing. This potential patient pool is expected to be a boon for the market.

Request Report Brochure @

Although cost factors are hindering the proliferation of respiratory monitoring devices in a number of emerging economies, improving healthcare infrastructure in BRICS nations is expected to open vast new opportunities in the near future.

Key Takeaways:

Demand in the global respiratory monitoring devices market to expand at a CAGR of 8.27% during the forecast period of 2017 to 2023
Mergers and Acquisition is the primary mode of consolidation by the major companies in a largely fragmented environment
Prevalence of COPD to drive the market in the near future.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact Us

Transparency Market Research
State Tower,
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Respiratory Monitoring Devices Market will Expand at a Formidable CAGR of 8.27% during 2017 to 2023 here

News-ID: 1220485 • Views: 125

More Releases from Transparency Market Research

Endoscopy Repair MarketSet for Rapid Growth and Trend, by 2025
Global Endoscope Repair Market: Overview An endoscope is an instrument used to view any internal cavity of the human body. Endoscopes are inserted into the body via one of many natural orifices. A high resolution camera at the end of inert tubing allows visualization of the body from inside and makes clinical decision making easier. Endoscopes are made of inert material like polyurethane which resists corrosion from bodily fluids and is
Nasal Oxygen Cannula Marketto Set Phenomenal Growth by 2026
Global Nasal Oxygen Cannula Market: Overview A cannula is any tube inserted into the body. A nasal cannula is an oxygen conduit used to deliver high concentrations of oxygen to patients through the nose. Traditionally made of rubber, current versions are made of plastic and can be connected to any oxygen supply by a pliable universal connector. This allows easy adaptability of this product to any setting, for in patient or
Medically Supervised Weight Loss Service MarketShares, Strategies, and Forecasts …
Global Medically Supervised Weight Loss Service Market: Overview Obesity has reached concerning levels around the world, with an increasing number of people tipping the scales. 69% of Americans are estimated to be overweight or obese at this point in time. Excess weight is increasingly linked with a number of chronic diseases that figure as the top causes of mortality worldwide. Also, popular human aesthetics are pushing people towards a fitter body
Bone Conduction Hearing Devices Market: Business Overview and Global Development …
Global Bone Conduction Hearing Devices Market: Snapshot Growing instances of hearing issues among older population is working as a driving factor for the growth of the global bone conduction hearing devices market. Bone conduction hearing devices are gaining popularity in all worldwide populace owing to their ability to work as a substitute to conventional hearing devices. These devices are used by people who are suffering from hearing issues related to miss

All 5 Releases

More Releases for TMR

TMR Research
Global 3D Animation Market: Snapshot The evolution and introduction of three-dimensional (3D) animation has given the world of animation a new perspective. The process of creating 3D moving images in a digital space through objects or models has given these illusions depth. One of the most fundamental differences between 2D animation and 3D animation is the technique used for creating the images and the way they look. The global 3D animation
Various strategies are leveraged by success-hungry players in the global hyperbaric oxygen therapy devices market. One of them is the thrust on research and development to come up with new or better products. Their focus is on building cost-effective medical devices that would see greater uptake. Strategic partnerships are also being undertaken by them to diversify product portfolios and gain greater share. Further, companies are shifting their gaze to developing
Monolithic Ceramics Market Analysis : TMR
Transparency Market Research has published a new market report titled “Monolithic Ceramics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global monolithic ceramics market was valued at US$ 19.43 Bn in 2014 and is anticipated to reach US$ 36.64 Bn by 2023, expanding at a CAGR of 7.3% between 2015 and 2023. Request to view Sample Report: Monolithic ceramics are
TMR - 3D Printing Materials Market by 2020
The global 3D printing materials market will exhibit a CAGR of 18.0% between 2014 and 2020. The market was valued at US$450 mn in 2013 and is expected to reach US$1.4 bn by the end of 2020, according to a research report released by Transparency Market Research. The report titled “3D Printing Materials - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020” is available for sale
Wax Market Analysis : TMR
A recent research report published by Transparency Market Research projects the global wax market to expand at a CAGR of 2.6% during the period between 2014 and 2020. The report, titled “Wax Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” estimates the global wax market to be worth US$8.98 bn by 2020. The overall market stood at a valuation of US$8.21 bn in 2013
Sulfone Polymers Market Analysis : TMR
Global Sulfone Polymers Market: Snapshot Several grades/varieties of sulfone polymers have gained vast applicability across a number of industries in the past few years. The relatively higher level of resistance wear and corrosion provided by these materials as compared to metals have increased their usage in medical devices and implants. Owing to their high transparency resistance, low weight, and high performance, the demand for sulfone polymers is also rising in the