Press release
Global Respiratory Device Market Size, Growth Analysis Report, Forecast to 2027
The global respiratory devices market is anticipated to grow at a considerable CAGR of 11.2% during the forecast period (2021-2027). The COVID-19 had brought the golden era in the market of respiratory devices. The demand for these devices is so high that companies are not able to fulfill it even after contract manufacturing. The developed nations are ready to pay an extra amount to get these devices delivered. The major products which have high demand include ventilators, oxygen concentrators, nebulizers, and pulse oximeters.(Get 15% Discount on Buying this Report)
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In April 2021, the Indian government had announced to purchase of 1lakh portable oxygen concentrators as the nation suffers a shortage of oxygen cylinders during the second wave of COVID-19. Even the export-import duties are removed from these devices. However, few cases were reported that due to rapid production, the products are not getting quality controlled resulting in the delivery of poor-quality products. Still, the market of respiratory devices will enjoy the profit earning phase as the virus of COVID-19 mutates.
A Full Report of Global Respiratory Device Market is Available at: https://www.omrglobal.com/industry-reports/respiratory-device-market
Global Respiratory Devices Market Report Segment
By Diagnostic Devices
Spirometers
Sleep Test Devices
Peak Flow Meters
Pulse Oximeters
Capnography
Others
By Therapeutic Devices
CPAP Devices
BiPAP Devices
Humidifiers
Nebulizers
Oxygen Concentrators
Ventilators
Inhalers
Others
By Disposable Devices
Masks
Breathing Circuits
Others
Global Respiratory Devices Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
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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.
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