Respiratory Care Devices Industry | Analysis By Top Companies: Philips Healthcare, ResMed Inc., Medtronic plc, Masimo Corporation, Chart Industries, Drager AG, Invacare Corporation, Getinge AB, Air Liquide, Hamilton Medical AG

The emergence of home healthcare has opened new growth avenues for the respiratory care devices market. Convenience and comfort in a home care environment, coupled with cost advantages, are the major factors driving the growth of the home healthcare market for respiratory care devices. The major factor driving the growth of the respiratory care devices market is the high prevalence of respiratory diseases as a result of the rapid growth in the global geriatric population, high prevalence of tobacco smoking, urbanization and growing levels of pollution, and changing lifestyles. However, factors such as the presence of an unfavorable reimbursement scenario and the availability of low-cost products from local manufacturers are expected to restrain the growth of this market during the forecast period.

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Major market player included in this report are:
Philips Healthcare (Netherlands), ResMed Inc. (US), Medtronic plc (Ireland), Masimo Corporation (US), Fisher & Paykel Healthcare Corporation Limited (New Zealand), Chart Industries (US), Drager AG (Germany), Invacare Corporation (US), Getinge AB (Sweden), Air Liquide (France), Hamilton Medical AG (Switzerland), Vyaire Medical (US). Other players in this market are GE Healthcare (US), Nonin Medical Inc. (US), Apex Medical Corp. (Taiwan), Smiths Group (UK), Omron Healthcare Inc. (US), Allied Healthcare Products, Inc. (US), Teleflex Incorporated (US), and DeVilbiss Healthcare LLC (US)

Market Segmentation
Respiratory Care Devices Market, by Indication
Chronic Obstructive Pulmonary Disease (COPD)
Asthma
Sleep Apnea
Infectious Disease
Other diseases*

Respiratory Care Devices Market, by End User
Hospitals
Home Care Settings
Ambulatory Care Centers

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APAC has emerged as a major manufacturing hub of consumer electronics; this has led the consumer electronics industry to account for the majority of the market share, in terms of audio amplifier ICs consumption, in this region. The region has major consumer electronics companies such as Samsung, Toshiba, Panasonic, and LG Electronics. The growth of the market in APAC is also attributed to the consumption of these amplifiers by automotive players in this region to advance their automotive infotainment systems. The low cost of labor and development in infrastructure have boosted the manufacturing of consumer electronics and in-car audio systems in this region.

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Research objectives
• To study and analyze the global Respiratory Care Devices consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2026.
• To understand the structure of Respiratory Care Devices industry by identifying its various subsegments.
• Focuses on the key global Respiratory Care Devices manufacturers, to define, describe and analyze the sales volume, value, industry share, industry competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Respiratory Care Devices with respect to individual growth trends, future prospects, and their contribution to the total industry.
• To share detailed information about the key factors influencing the growth of the industry (growth potential, opportunities, drivers, industry-specific challenges and risks).

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