Press release
Respiratory Care Devices Market is expected to reach nearly US$ 35 Billion by 2026
Respiratory Care Devices Market
Access sample report @ https://www.htfmarketreport.com/sample-report/2831346-global-respiratory-care-devices-market-3
Summary
The global respiratory care devices market is expected to reach nearly US$ 35 Billion by 2026. Respiratory care is a healthcare specialty, which is focused on improving cardiopulmonary functions and promoting health & wellness. Respiratory care devices are used for the diagnosis, treatment, and monitoring of patients who are suffering from the respiratory system-related disorders. These devices are used to deal with medical conditions such as asthma, chronic obstructive pulmonary disease (COPD), TB, sleep apnea and other acute & chronic respiratory diseases. The global respiratory care devices market is driven by factors such as increase in prevalence of respiratory diseases, rapid urbanization, rise in pollution level, growth in geriatric population, and increase in tobacco consumption worldwide.
In addition, governmental support has fueled the market growth. Moreover, the recent outbreak of global pandemic COVID-19, has increased demand for respiratory care devices such as ventilators globally. Some of the key factors inhibiting the growth of respiratory care devices market includes, cost and operation difficulty for the use of devices, unfavorable reimbursement scenario and lack of awareness in developing region.
Recent Developments
• In March 2020, Royal Philips NV announced that the company is increasing its ventilator manufacturing capacity by four-fold to meet the high demand from the hospitals.
• In March 2020, automotive manufacturer, Ford announced the partnership with the Tesla and 3M to manufacture the ventilators and other personal protective equipment to address the shortage of ventilators.
• In August 2019, Inogen acquired New Aera, Inc., a manufacturer and developer of non-invasive portable ventilators.
• In March 2019, ResMed acquired HB Healthcare Safety, a provider of home-based medical equipment for sleep and respiratory care devices.
Get Customization in the Report, Enquire Now @ https://www.htfmarketreport.com/enquiry-before-buy/2831346-global-respiratory-care-devices-market-3
By Product - Global Respiratory Care Devices Market and Forecast
• Positive airway pressure (PAP) devices currently account for highest share of the respiratory care devices market.
• Ventilators is the second leading segment of the respiratory care devices market.
• The global effects of the 2019 coronavirus disease (COVID-19) are felt by all countries and will have a significant impact on the ventilator market size.
• The growing prevalence of chronic inflammation due to smoking continues to increase demand for breathing circuits globally.
• The global nebulizers market is expected to more than double in 2020, from 2019 market size, due to an increase in demand for the use of nebulizers in the treatment of mild COVID-19 patients.
By Type - Global Respiratory Care Devices Market and Forecast
• Therapeutic devices segment dominated the global respiratory care devices market.
• Respiratory monitoring devices is the second leading segment of the respiratory care devices market.
• Respiratory diagnostics refer to the clinical assessment of lung functioning and related processes. It uses procedures, such as spirometry, polysomnography, sniff nasal inspiratory pressure (SNIP), among others to diagnose the diseases.
By Application - Global Respiratory Care Devices Market and Forecast
• Chronic obstructive pulmonary disease (COPD) held the largest share of the respiratory care devices market.
• Asthma is the second leading application segment of the respiratory care devices market.
• According to the Forum of International Respiratory Societies (FIRS) survey, over 235 million people have asthma and its incidence has been increasing continuously.
• Infectious respiratory diseases directly drive demand for respiratory care. COVID-19 is the most recent and significant of these diseases; the pandemic has resulted in a surge in demand for personal protection equipment and ventilators, among others.
By End User - Global Respiratory Care Devices Market and Forecast
• Hospitals form the largest end-user segment of the respiratory care devices market.
• Home care settings are expected to witness the highest growth during the forecast period, mainly due to the development of compact and lightweight respiratory care devices.
• The ambulatory care market is expected to be driven by increase in adoption and demand for minimally invasive surgery, technological advancements, and surge in demand to reduce hospital stay and overall health care cost.
Buy this report @ https://www.htfmarketreport.com/buy-now?format=1&report=2831346
By Geography - Respiratory Care Devices Market and Forecast
1. North America2. Europe
3. Asia Pacific
4. Latin America
5. Middle East & Africa
Global Respiratory Care Devices Market - Company Profiles
1. Becton Dickinson & Company, 2. Vyaire Medical Inc., 3. GE Healthcare, 4. Invacare Corporation, 5. Philips, 6. Fisher & Paykel Healthcare Corporation Limited, 7. Medtronic Plc., 8. ResMed Inc., 9. Masimo Corporation, 10. Chart Industries, Inc., 11. Drägerwerk AG & Co. KGaA
Research Methodologies
Primary Research Methodologies: Questionnaires, Surveys, Interviews with Individuals, Small Groups, Telephonic Interview, etc.
Secondary Research Methodologies: Printable and Non-printable sources, Newspaper, Magazine and Journal Content, Government and NGO Statistics, white Papers, Information on the Web, Information from Agencies Such as Industry Bodies, Companies Annual Report, Government Agencies, Libraries and Local Councils and a large number of Paid Databases.
1. Executive Summary
2. Impact of COVID-19 on Global Respiratory Care Devices Market
3. Global Respiratory Care Devices Market and Forecast (2015 - 2026)
4. Global Respiratory Care Devices Market Share and Forecast (2015 - 2026)
4.1 By Product - Global Respiratory Care Devices Market Share and Forecast
4.2 By Type - Global Respiratory Care Devices Market Share and Forecast
4.3 By Application - Global Respiratory Care Devices Market Share and Forecast
4.4 By End User - Global Respiratory Care Devices Market Share and Forecast
4.5 By Region - Respiratory Care Devices Market Share and Forecast
5. By Product - Global Respiratory Care Devices Market and Forecast (2015 - 2026)
6. By Type - Global Respiratory Care Devices Market and Forecast (2015 - 2026)
7. By Application - Global Respiratory Care Devices Market and Forecast (2015 - 2026)
8. By End User - Global Respiratory Care Devices Market and Forecast (2015 - 2026)
9. By Geography - Respiratory Care Devices Market and Forecast (2015 - 2026)
9.1 North America Respiratory Care Devices Market and Forecas
9.2 Europe Respiratory Care Devices Market and Forecast
....Continued
View Detailed Table of Content @ https://www.htfmarketreport.com/reports/2831346-global-respiratory-care-devices-market-3
It's vital you keep your market knowledge up to date. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization accordingly.
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
This release was published on openPR.
Permanent link to this press release:
Copy
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 Care Devices Market is expected to reach nearly US$ 35 Billion by 2026 here
News-ID: 2133682 • Views: …
More Releases from HTF Market Intelligence Consulting Private Limited
Jasmine Fragrance Market Hits New High | Major Giants Firmenich,Symrise,Huabao
HTF MI just released the Global Jasmine Fragrance Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2033. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major Manufacturers are covered: Firmenich (Switzerland), Givaudan (Switzerland), Symrise (Germany), Takasago…
IC Temperature Sensors Market May See Big Move | Renesas,Infineon,Microchip
HTF MI just released the Global IC Temperature Sensors Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2033. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major Manufacturers are covered: Texas Instruments (United States), Analog Devices…
Optical Satellite Communication Market is Going to Boom | Major Giants Mynaric,H …
HTF MI just released the Global Optical Satellite Communication Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2033. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major Manufacturers are covered: Mynaric (Germany), Tesat-Spacecom (Germany), Thales Alenia…
Business Management Liability Insurance Market Hits New High | Major Giants Zuri …
HTF MI just released the Global Business Management Liability Insurance Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2033. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major Manufacturers are covered: Chubb (Switzerland), AIG (United States),…
More Releases for Respiratory
Prevalence Of Respiratory Diseases Fuels Demand For Respiratory Disposables: Key …
The Respiratory Disposables Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Respiratory Disposables Market Size During the Forecast Period?
The respiratory disposables market has seen rapid growth in recent years. It is expected to grow from $1.01 billion in 2024 to $1.15…
Transforming the Respiratory Monitoring Devices Market in 2025: Rising Incidence …
What Is the Expected Size and Growth Rate of the Respiratory Monitoring Devices Market?
The market size for respiratory monitoring devices has seen swift expansion in the recent past. The market's growth is projected to increase from $1.67 billion in 2024 to $1.87 billion in 2025, with a compound annual growth rate (CAGR) of 11.8%. A combination of factors such as the prevalence of respiratory ailments, an aging demographic, technological innovations,…
Transforming the Respiratory Monitoring Devices Market in 2025: Rising Incidence …
What Is the Expected Size and Growth Rate of the Respiratory Monitoring Devices Market?
The market size for respiratory monitoring devices has seen swift expansion in the recent past. The market's growth is projected to increase from $1.67 billion in 2024 to $1.87 billion in 2025, with a compound annual growth rate (CAGR) of 11.8%. A combination of factors such as the prevalence of respiratory ailments, an aging demographic, technological innovations,…
Molecular Respiratory Panels Market: Enhancing Accuracy and Speed in Respiratory …
Introduction
The global molecular respiratory panels market is rapidly evolving, driven by the need for faster, more accurate diagnostics in respiratory diseases. With respiratory infections and diseases becoming increasingly prevalent worldwide, accurate detection and timely diagnosis are critical to improving patient outcomes. Molecular respiratory panels, which utilize advanced molecular techniques like PCR (Polymerase Chain Reaction) and other nucleic acid-based methods, enable the rapid identification of pathogens responsible for respiratory conditions. These…
Tackling Respiratory Challenges: Lower Respiratory Tract Therapeutics Market 202 …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Lower Respiratory Tract Therapeutics Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $48.37 billion In…
Respiratory Assist Devices Market - Breathing Uninterrupted: Innovating Respirat …
Newark, New Castle, USA - new report, titled Respiratory Assist Devices Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Respiratory Assist Devices market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Respiratory Assist Devices market. The report offers an overview of…
