openPR Logo
Press release

Respiratory Device Market Growth, Size, Share, Industry Report and Forecast 2018-2023

04-28-2021 11:42 AM CET | Health & Medicine

Press release from: Orion Market Research

Respiratory Device Market Growth, Size, Share, Industry Report

The global Respiratory Device Market is estimated to grow $33.6 billion in 2027 from $22.7 billion in 2020, growing at a CAGR of 5.7% during the forecast period (2021-2027). This growth is attributed to the predominance of chronic respiratory diseases, changing lifestyle activities among people and innovations, and the development of new products. Asthma is one of the major non-communicable diseases globally. At the time of the asthma attack, the lining of the bronchial tubes swells which results in narrowing of airways and reduced the flow of air through the lungs. As per WHO, about 235 million people have asthma globally. It is the most common disease among children; however, a significant number of mortalities are observed in the elderly population. It is highly prevalent in high-income countries, however, developing economies have witnessed a large number of mortalities. Due to the developed healthcare system in developed economies, it is early diagnosed and treated, whereas, due to lack of healthcare infrastructure in low-income countries, a major portion of people with asthma remain undiagnosed and untreated. There is a continuously high prevalence of chronic respiratory diseases due to which the demand for respiratory therapeutics, diagnostic, and monitoring devices has been increasing across the globe.

To Request a Sample of our Report on Respiratory Device Market: https://www.omrglobal.com/request-sample/respiratory-device-market

Growing Demand for Respiratory Device Market

Significant growth in the healthcare facilities related to respiratory diseases has been observed in emerging economies, such as China, India, and Brazil. Several factors such as increasing air pollution, increasing disposable income & expenditure on healthcare and rising medical tourism are attracting market players. Specifically, the Asia-Pacific region is considered to be the most emerging market due to the significant growth of the healthcare system in Asia-Pacific countries, such as India, China, and South Korea. Asia-Pacific region is forecast to witness immense growth due to significant investment by government and major market players, favorable government policies, and a high patient base. Asia-Pacific region covers more than 60% of the global population, has a high prevalence of respiratory diseases, such as asthma and COPD. These factors are expected to drive the growth of the market in the near future.

(Get 15% Discount on Buying this Report)
A full Report of Respiratory Device Market is Available at: https://www.omrglobal.com/industry-reports/respiratory-device-market
Scope of the Global Respiratory Device Market

Market Coverage
• The market number available - 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered- By Product, By End-User
• Regions Covered- North America (the US and Canada), Europe (UK, Germany, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and Rest of World
• Competitive Landscape- BMC Medical Co., Ltd., Cipla Inc., Hamilton Medical AG, Koninklijke Philips N.V., Medtronic PLC
Recent Strategic Initiatives in the Global Respiratory Device Market
• In May 2018, the company acquired NightBalance for expanding its sleep & respiratory care portfolio. The acquisition enables Philips Healthcare to expand its position in the home care market. In May 2017, Philips acquired the US-based RespirTech which provides solutions for chronic respiratory conditions such as pulmonary disease and cystic fibrosis. The acquisition enables the company to expand respiratory care, especially COPD patients with bronchiectasis.
• In 2018 the company has entered into a partnership with MannKind to market and distribute Afrezza, the only USFDA approved inhaled insulin available for patients suffering from diabetes. In Feb 2018, the company and Roche Pharma India has entered into a partnership for healthcare improvement and increasing access to life-changing medicines in India. In Aug 2015 the company extend its product line by introducing new respiratory inhaler Synchrobreathe (SB).

Global Respiratory Device Market -Segmentation

By Product

• Respiratory Therapeutic Devices
• Respiratory Positive Airway Pressure Devices
• Respiratory Mask
• Respiratory Ventilators
• Respiratory Oxygen Concentrators
• Respiratory Inhalers
• Respiratory Resuscitators
• Respiratory Nebulizers
• Respiratory Humidifiers
• Respiratory Nitric Oxide Delivery Units
• Respiratory Oxygen Hoods
• Respiratory Diagnostic and Monitoring Devices
• Respiratory Pulse Oximeters
• Respiratory Capnography
• Respiratory Gas Analyzers
• Respiratory Spirometers
• Respiratory Polysomnography (PSG) Devices
• Respiratory Peak Flow Meters
• Respiratory Consumables and Accessories
• Respiratory Tracheostomy Tubes
• Respiratory Nasal Cannulas
• Respiratory Disposable Mask
• Respiratory Disposable Resuscitators
• Respiratory Other Consumables and Accessories

By End-User

• Hospitals
• Home Care
• Other End-Users

Global Respiratory Device Market – Segment by Country

North America

• US
• Canada

Europe
• UK
• Germany
• France
• Italy
• Spain
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World

Company Profiles
• 3b Medical, Inc.
• Acorda Therapeutics, Inc.
• Adamis Pharmaceuticals Corporation
• BMC Medical Co., Ltd.
• Chart Industries, Inc.
• Chiesi Farmaceutici S.P.A.
• Cipla Inc.
• Circadiance LLC
• Curative Medical Inc.
• Devilbiss Healthcare LLC
• GE Healthcare
• Gilbert Technologies BV
• H&T Presspart Manufacturing Ltd.
• Hamilton Medical AG
• Invacare Corporation
• Koninklijke Philips N.V.
• Medtronic PLC
• Mylan N.V.
• Omron Healthcare Inc.
• Orion Corporation
• PMD Device Solutions Limited
• Pulmatrix Inc.
• ResMed Inc.
• Respira Therapeutics, Inc.
• Savara, Inc.
• Teicos Pharma Ltd.
• TotalCare eHealth
• Vapotherm Inc.
• Viroblock Sa
• Whole You, Inc.

Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/respiratory-device-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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 Device Market Growth, Size, Share, Industry Report and Forecast 2018-2023 here

News-ID: 2276642 • Views:

More Releases from Orion Market Research

Eggshell Membrane Market Set to Witness Significant Growth by 2033 | Eggnovations LLC (US), Park Premium Ingredients (US)
Eggshell Membrane Market Set to Witness Significant Growth by 2033 | Eggnovation …
The global Eggshell Membrane Market was valued at approximately USD 173.78 million in 2024, and is projected to reach USD 396.55 million by 2033, growing at a compound annual growth rate (CAGR) of 9.6% from 2025 to 2033. Eggshell Membrane Market Overview The Eggshell Membrane Market is experiencing significant growth, driven by increasing consumer awareness of its health benefits, particularly in joint health and skin care. This natural biopolymer, rich in proteins
Printable Solar Cells Market Set to Witness Significant Growth by 2033 | Armor Group, Dyesol Ltd (Greatcell Solar), Eight19 Ltd, Toshiba Corporation
Printable Solar Cells Market Set to Witness Significant Growth by 2033 | Armor G …
The global Printable Solar Cells Market was valued at approximately USD 1.2 billion in 2024, and is projected to reach USD 4.8 billion by 2033, exhibiting a strong compound annual growth rate (CAGR) of 16.7% from 2025 to 2033. Printable Solar Cells Market Overview The Printable Solar Cells Market is on a rapid upward trajectory, led by rising demand for flexible, lightweight, and cost-effective energy solutions. Printable photovoltaic technologies-including organic, perovskite,
Sales Enablement Software Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Sales Enablement Software Market Size Analysis, Competitive Insights, Leading Pl …
The Sales Enablement Software Market was valued at approximately USD 3.4 billion in 2024 and is projected to reach around USD 13.1 billion by 2033, growing at a compound annual growth rate (CAGR) of 14.7% from 2025 to 2033. Sales Enablement Software Market Overview The Sales Enablement Software Market is experiencing significant growth, driven by the increasing need for businesses to enhance their sales processes and improve team performance. These platforms
Feed management software Market Set to Witness Significant Growth by 2033 | Prairie Systems, Dairy Records Management Systems (DRMS)
Feed management software Market Set to Witness Significant Growth by 2033 | Prai …
The global Feed Management Software Market was estimated to be around USD 0.6 billion in 2024, and is projected to reach approximately USD 1.2 billion by 2033, growing at a compound annual growth rate (CAGR) of about 7.5% from 2025 to 2033. Feed Management Software Market Overview The Feed Management Software Market is expanding steadily as the agriculture and livestock industries shift toward digital transformation to optimize feed formulation and reduce

All 5 Releases


More Releases for Respira

Hypertension Pipeline Progresses: 100+ Therapies Pushing Innovation - DelveInsig …
Fueled by relentless research, the Hypertension pipeline is witnessing transformative developments, with key players accelerating breakthroughs in treatment. DelveInsight's "Hypertension Pipeline Insight, 2025" comprehensively analyzes the current clinical landscape and growth prospects in the Hypertension market. The report covers disease insights, treatment guidelines, and a detailed pipeline assessment from preclinical to marketed stages. It includes drug mechanisms, clinical studies, regulatory progress, and key developments such as collaborations, mergers, funding, and designations. For
Wearable Asthma Monitors Market Trends, Growth & Key Players By 2031 | Most Lead …
The Wearable Asthma Monitoring Devices Market Projected CAGR value is 24.7% during the forecast period 2024-2031 Wearable Asthma Monitoring Devices Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive
Wearable Asthma Monitoring Devices Market Statistical Forecast, Trade Analysis ( …
DataM Intelligence has published a new research report on "Wearable Asthma Monitoring Devices Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status. Get a Free Sample Research
Pulmonary Hypertension Market to Grow at a Substantial Growth Rate During the Fo …
The Pulmonary Hypertension market size is expected to grow in the coming years owing to the increasing prevalence and expected launch of pipeline products in the market. Multiple new drugs are going through different phases of clinical trials; these upcoming therapies are expected to be a better treatment option for Pulmonary Hypertension in the coming years. DelveInsight's " [https://www.delveinsight.com/report-store/pulmonary-hypertension-market?utm_source=abnewswire&utm_medium=market&utm_campaign=kpr]" report delivers an in-depth understanding of the disease, historical and forecasted epidemiology,
Respira Therapeutics "RT234" Market size expansion of Several Folds by 2032
[Las Vegas, United States] DelveInsight, a leader in healthcare research firm, has recently published an in-depth report on RT234 (Respira Therapeutics) providing insights into the drug market landscape and market forecast of RT234 upto 2032. The report, titled "RT234 Market Size, Forecast, and Emerging Insight - 2032" is now available for review and analysis. Are you interested in finding out the projected market size of RT234 in 2032? RT234 Market
Asthma Monitoring Devices Market Statistical Forecast, Trade Analysis 2023 - Mas …
Newark, New Castle, USA - The latest report from Growth Plus Reports analyzes the production, potential applications, demand, major manufacturers, and SWOT analysis of the global Asthma Monitoring Devices Market. The Asthma Monitoring Devices Market Report assists in determining the optimum distribution methods for certain products as well as possible markets for future product launches. The report also analyses the purchase and supply trends that influence the market's production strategy. The