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Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market 2020-2030 Size, Demand, Share, Opportunities And Forecasts | TBRC Reports
The Business Research Company offers "Respiratory Devices And Equipment (Therapeutic And Diagnostic) Global Market Report 2020-30: Covid 19 Implications And Growth" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The global respiratory devices and equipment (therapeutic and diagnostic) market is expected to grow from $13.6 billion in 2019 to $22.2 billion in 2020 at a compound annual growth rate (CAGR) of 63.1%. The fact that Covid-19 is essentially a respiratory ailment has boosted the market growth. There is an increased demand for respiratory devices such ventilators, nebulizers, pulse oximeters and spirometers since oxygen therapy is a major intervention for patients with severe Covid-19 infection, and this factor is contributing to the market growth. In order to compensate for lack of ventilators due to the huge demand and short supply, hospitals have started to convert anesthesia machines into breathing machines. The market is then expected to grow at a CAGR of 6.3% from 2021 and reach $20.1 billion in 2023.
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The respiratory devices and equipment (therapeutic and diagnostic) market consists of sales of respiratory devices and equipment (therapeutic and diagnostic) and related services. Respiratory devices and equipment are used to provide medication or assist a patient who is having difficulty in breathing and cannot achieve adequate oxygen levels to maintain life.
Global therapeutic respiratory devices and equipment market will be driven by the increase in diseases such as Chronic Obstructive Pulmonary Disease (COPD), asthma, and lung cancer. Growth in geriatric population, tobacco consumption, allergens and air pollutants increase the prevalence of respiratory diseases, in turn driving the global therapeutic respiratory devices market.
Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market Segmentation:
By Type
1.Diagnostic devices
2.Therapeutic devices
3.Monitoring devices
By End User
1.Hospitals
2.Clinics
3.Homecare settings
4.Ambulatory service centers
By Therapeutic Devices
1.Humidifiers
2.Nebulizers
3.Oxygen concentrators
4.Positive Airway Pressure (PAP) Devices
5.Ventilators and Others
By Diagnostic Devices
1.Spirometer
2.Polysomnographs
3.Peak Flow Meters
By Monitoring Devices
1.Pulse oximeters
2.Capnographs
3.Gas analyzers
By Application
1.Chronic Obstructive Pulmonary Disease (COPD)
2.Asthma
3.Obstructive Sleep Apnea (OSA)
4.Respiratory Distress Syndrome (RDS)
5.Cystic Fibrosis
6.Pneumonia
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Few Points From Table Of Content
1. Executive Summary
2. Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market Characteristics
3. Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market Size And Growth
4. Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market Segmentation
5. Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market Regional And Country Analysis
....
25. Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market
27. Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market Trends And Strategies
28. Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the respiratory devices and equipment (therapeutic and diagnostic) market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the respiratory devices and equipment (therapeutic and diagnostic) market are Smiths Medical, Philips Healthcare, GE Healthcare, Chart Industries, Invacare Corporation, Fisher & Paykel Healthcare Limited, ResMed, Koninklijke Philips N.V
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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