openPR Logo
Press release

US Respiratory Device Market 2021-2027: Industry Analysis, Trends, Growth, Opportunities, and Forecast

08-31-2021 03:58 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The US respiratory device market was around $6.2 billion in 2018 and is anticipated to grow at a CAGR of around 6.3% during the forecast period. The rising prevalence of chronic respiratory diseases, increasing geriatric population, and technological advancement are the major factors that augmenting the growth of respiratory device market in North America. The increasing demand from COPD, Sleep Apnea and asthma patients in the US for the respiratory device and favorable reimbursement in the US is favoring the growth of the regional market.

To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/us-respiratory-device-market

The US respiratory device market is segmented on the basis of product and end-user. The respiratory product segment is further sub-segmented into therapeutic devices, diagnosis and monitoring devices, and consumables and accessories. The therapeutic devices segment is estimated to dominate the country’s market and is also anticipated to grow at the fastest growth rate over the forecast period. The high cost of therapeutics device and significant demand for continuous positive airway pressure (CPAP) devices and masks, ventilator, oxygen concentrator, and oxygen hoods contribute majorly to the segmental growth of the market for therapeutic devices. Based on end-user, the market is analyzed into hospitals and clinics, and home care.

Browse for Full Report Description@ https://www.omrglobal.com/industry-reports/us-respiratory-device-market

Additionally, the market is characterized by the presence of several players that are providing respiratory devices within and outside the country. Some of the key players of the market include ResMed Corp., Invacare Corp., GlaxoSmithKline PLC, 3M Co., Novartis AG, Omron Healthcare Inc., and others. The market players are adopting the strategy of merger & acquisition, product launch and expansion of their manufacturing facilities to increase their market share. For instance, in May 2018, Philips Healthcare acquired NightBalance for expanding its sleep & respiratory care portfolio. The acquisition enables Philips Healthcare to expand its position in the home care market. Further, in January 2018, ResMed introduced Mobi which is a portable oxygen concentrator (POC). Furthermore, in May 2017 Resmed launched AirTouch F20 full face mask with UltraSoft memory for comfortable therapy of the patients. Such advancement in respiratory devices will create enormous opportunities for the market across the globe.

Market Segmentation
US Respiratory Device Market by Product
• Therapeutic Devices
• Diagnostic and Monitoring Devices
• Consumables and Accessories

US Respiratory Device Market by End-User
• Homecare
• Hospitals and Clinics

Company Profiles
• 3B Medical, Inc.
• 3M Co.
• Acorda Therapeutics, Inc.
• Adamis Pharmaceuticals Corp.
• Adherium Ltd.
• Aradigm Corp.
• AstraZeneca PLC
• Boehringer Ingelheim International GmbH
• Chart Industries, Inc.
• Circadiance LLC
• Curative Medical, Inc.
• GlaxoSmithKline PLC

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

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

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 US Respiratory Device Market 2021-2027: Industry Analysis, Trends, Growth, Opportunities, and Forecast here

News-ID: 2375315 • Views:

More Releases from Orion Market Research

Terahertz Technology Market Set to Witness Significant Growth by 2032 | TOPTICA Photonics AG, Advantest Corporation, Batop GmbH
Terahertz Technology Market Set to Witness Significant Growth by 2032 | TOPTICA …
The Terahertz Technology Market was valued at approximately USD 1.09 billion in 2024 and is projected to reach USD 4.08 billion by 2032, reflecting a compound annual growth rate (CAGR) of 18.1% from 2025 to 2032. Terahertz Technology Market Overview Terahertz (THz) technology operates in the electromagnetic spectrum between microwave and infrared waves, encompassing frequencies from 0.1 to 10 THz. This technology is gaining prominence due to its non-ionizing radiation, enabling
Specialty Tapes Market Set to Witness Significant Growth by 2032 | Avery Dennison Corporation, Scapa Group Plc, Intertape Polymer Group
Specialty Tapes Market Set to Witness Significant Growth by 2032 | Avery Denniso …
The global Specialty Tapes Market was valued at approximately USD 55.39 billion in 2023 and is projected to reach USD 96.3 billion by 2032, reflecting a compound annual growth rate (CAGR) of 6.3% from 2024 to 2032. Specialty Tapes Market Overview The Specialty Tapes Market encompasses a diverse range of adhesive products tailored for specific applications across various industries. These tapes are characterized by their unique properties, such as high temperature
Safety Helmets Market Set to Witness Significant Growth by 2033 | MSA Safety, Uvex Safety Group, Delta Plus Group, Bullard, Schuberth GmbH
Safety Helmets Market Set to Witness Significant Growth by 2033 | MSA Safety, Uv …
The global Safety Helmets Market was valued at approximately USD 5.01 billion in 2024, and it is expected to reach around USD 9.76 billion by 2033, growing at a *compound annual growth rate (CAGR) of about 7.7% from 2025 to 2033. Safety Helmets Market Overview The Safety Helmets Market is gaining momentum as industries like construction, manufacturing, mining, and infrastructure increasingly emphasize worker safety and regulatory compliance. Safety helmets-designed to protect against
Sales Performance Management Market Gaining Momentum by 2033 | Xactly Corporation, Anaplan Inc., IBM Corporation, Varicent Software Inc.
Sales Performance Management Market Gaining Momentum by 2033 | Xactly Corporatio …
The global Sales Performance Management market was valued at approximately USD 5.62 billion in 2024 and is projected to grow to about USD 18.22 billion by 2033, with a compound annual growth rate (CAGR) of approximately 13.27% between 2025 and 2033. Sales Performance Management Market Overview Sales Performance Management integrates tools and processes designed to boost sales productivity, optimize incentive structures, and align field sales efforts with business goals. Today's market is

All 5 Releases


More Releases for Corp

Updated 3D Display Market Size 2021-2030 | Major Players- Sony Corp., Panasonic …
Allied Market Research published a report titled, "3D Display Market: Global Opportunity Analysis and Industry Forecast, 2022-2030." According to the reportThe global 3D display market was valued at $76.50 billion in 2020, and is projected to reach $378.55 billion by 2030, registering a CAGR of 17.6% from 2021 to 2030. The 3D Display Market report offers a current market analysis throughout the forecast timeframe. The research report provides an in-depth
Investment Opportunities in 3D Display Market 2021-2027 for Sony Corp., Panasoni …
Allied Market Research published a new report, titled, "3D Display Market by Type (Volumetric Display, Stereoscopic Display, and HMD), Technology (Digital Light Processing (DLP), Plasma Display Panels (PDP), Organic LEDs (OLED), and LED), Access Methods (Screen Based Display and Micro Display), and Application (TV, Smartphones, Monitor, Mobile Computing Devices, Movie Projectors, HMD, and Others) - Global Opportunity Analysis and Industry Forecast, 2019-2027." The market report provides an all-inclusive analysis of the
Homeland Security Market Outlook - Post COVID-19 Scenario | IBM Corp, Lockheed M …
The homeland security market in Asia-Pacific region is projected to grow at significant rate during the forecast period, owing to increasing number terrorist activities, territorial wars, political unrest, protests, and government inclination towards police modernization in countries including India, Japan, China, and Sri Lanka. North America accounted for majority of the global market share in 2015, and is expected to maintain its dominance during the forecast period due to heavy investment
Emerging 3D Display Market to 2027 | Sony Corp., Panasonic Corp., LG Electronics …
3D display provides three dimensional visualization and a sense of depth to the viewer. 3D display is an emerging technology increasingly adopted in various fields such as gaming, photography, video, education, defense and engineering simulation. It is one of the new developments in the electronic industry as it offers a very immersive 3D viewing experience. Consumer electronics manufacturers (CEMs) are trying to change the user experience by enhancing their product
3D Display Market | Sony Corp., Panasonic Corp., LG Electronics Inc., Samsung El …
A new market research report on the Global 3D Display market has introduced by KD Market Insights. The report is dedicated to in-depth industry analysis of the global 3D Display market. The Global 3D Display  analysis is broken down on different segmentation levels including Market By Type, By Technology, By Access Methods, By Application. 3D display is an emerging technology increasingly adopted in various fields such as gaming, photography, video, education, defense, and engineering simulation. It is one of the
D Television Market 2019: Industry Analysis By Samsung, LG Corp, Sony Corp, Shar …
D Television Market research report gives detailed information of major players like manufacturers, suppliers, distributors, traders, customers, investors and etc. D Television market Report presents a professional and deep analysis on the present state of D Television Market that Includes major types, major applications, Data type include capacity, production, market share, price, revenue, cost, gross, gross margin, growth rate, consumption, import, export and etc. Industry chain, manufacturing process, cost structure,