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Global Digital Respiratory Devices Market Has a Lucrative Growth Rate of 38.26% During The Forecast Period 2019-2029

03-25-2020 11:29 AM CET | Health & Medicine

Press release from: BIS Research

According to a new market intelligence report by BIS Research titled 'Global Digital Respiratory Devices Market - Analysis and Forecast, 2019-2029', the global digital respiratory devices market accounted for $8.5 million in 2018 and is expected to reach $334.0 million by 2029.
BIS Research Reports : https://bisresearch.com/industry-report/digital-respiratory-devices-market.html
The global digital respiratory devices market has been foreseen to have a lucrative growth rate of 38.26% during the forecast period 2019-2029. Some of the major factors propelling the growth of the global digital respiratory devices market include substantial investments made in the field of personalized medicine, increased awareness among individuals regarding the benefits of connected inhalers, and growing adoption of sensor technologies and apps to monitor and manage inhalation of medications. Ongoing product launches involving better technologies, providing faster recovery and increasing government and private funding in digital healthcare companies are some factors supporting the growth of the market. The increase in the prevalence of respiratory diseases is witnessed at an alarming rate over the past 10years, further leading to an increase in the need for early treatments for chronic respiratory diseases.

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Key Questions Answered
What was the total revenue generated by the global digital respiratory devices market in 2018 and how is it expected to grow during 2019-2029?
What are the major market drivers, challenges, and opportunities in the global digital respiratory devices market?
What are the underlying structures resulting in the emerging trends within the digital respiratory devices industry?
What are the potential business models in global digital respiratory devices market?
Which product type, such as sensors & apps and smart inhalers & nebulizers of the global digital respiratory system market is expected to dominate during the forecast period 2019-2029?
Which indication type such as asthma and chronic obstructive pulmonary disease of the global digital respiratory system market is expected to dominate during the forecast period?

Bhavya Banga
Email: media@bisresearch.com
BIS Research Inc.
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BIS Research is a global B2B market intelligence and advisory firm focusing on those emerging technological trends which are likely to disrupt the dynamics of the market.

With over 150 market research reports published annually, BIS Research focuses on high technology verticals such as 3D Printing, Advanced Materials and Chemicals, Aerospace and Defense, Automotive, Healthcare, Electronics and Semiconductors, Robotics and UAV, and other emerging technologies.

Our in-depth market intelligence reports focus on the market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.

What distinguishes BIS Research from the rest of the players is that we don't simply provide data but also complement it with valuable insights and actionable inputs for the success of our clients.

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