Lung Function Monitor Market 2021 Global Industry Share, Demand, Top Players, Industry Size, Future Growth By 2028 |ResMed, Drager, GE Healthcare

Global Lung Function Monitor Market Research Report 2021

The Lung Function Monitor Market Report 2021-2027 provides global market size, regional and national level market size, market segment growth, market share, competitive landscape, sales analysis, influence of domestic and global market participants, and value chain Detailed analysis of optimization, trade regulations, latest developments, opportunity analysis, strategic market growth analysis, product launches, regional market expansion and technological innovation.

Lung Function Monitor Market refers to the protection of the economy’s assets, systems and networks, including communications, emergency services, energy, finance, food, government and public services, from threats and damage, which is essential for the operation of the country.

In accordance with the Lung Function Monitor Market is set to grow at a CAGR of 10.23 % over the forecast period (2021-2027).

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MARKET OVERVIEW

Chronic respiratory diseases affect more than 1 billion people, globally, as per the Global Asthma report, 2018. Asthma is one of the largest contributors to this figure, affecting children, adults, and elderly people. There is a high prevalence of severe asthma in the emerging markets, such as MEA and Latin America, as compared to the mid-range prevalence in North America, Europe, and Asia-Pacific countries. Therefore, the increasing prevalence of respiratory diseases has augmented the demand for early diagnosis, which is expected to increase the sales of respiratory monitoring devices. Thus, all these factors are expected to drive the respiratory monitoring market.

Leading companies in the global Lung Function Monitor market.

ResMed, Drager, GE Healthcare, Vitalograph Ltd., Medscope, A-M Systems, Philips Healthcare

INDUSTRY NEWS

Philips has acquired 36 companies, including 16 in the last 5 years. A total of 13 acquisitions came from private equity firms. It has also divested 13 assets.

Philips’ largest acquisition to date was in 2007, when it acquired Respironics for $5.1B. It’s largest disclosed sale occurred in 2021, when it sold Koninklijke Philips - Domestic Appliances Business to Hillhouse Capital Management for $3.7B. Philips has acquired in 12 different US states, and 10 countries. The Company’s most targeted sectors include medical products (38%) and electrical equipment (10%).

The report based on the type of Lung Function Monitor  market is broken down:

Family Monitoring Type

Professional Monitoring Type

On the basis of segmentation by application, the key Lung Function Monitor  market can be subdivided into:

Acute Respiratory Distress

Pulmonary Fibrosis

Postoperative Monitoring

Other

Global Lung Function Monitor Market is further classified on the basis of region as follows:

North America (United States, Canada), Market size, Y-O-Y Growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis

Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

REGIONAL ANALYSIS

North America is Found Leading the Respiratory Monitoring Market

North America has dominated the respiratory monitoring market and the dominance of the market is mainly attributable to the increasing prevalence of respiratory diseases. Also, there is a rise in per capita health expenditure in the country which is expected to increase over the forecast period owing to the decrease in the unemployment rate. Hence, the increasing prevalence of respiratory diseases and a rising number of smokers population are the major factors driving the growth of the respiratory devices market in the United States.

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Highlights of the Lung Function Monitor Market

Quantitative market information and forecasts of the global Lung Function Monitor  Market industry by type, end use, and geographic region.

Expert analysis of key technology, demographic, economic and regulatory factors that will promote the development of Lung Function Monitor Market until 2027.
Market opportunities and new investment proposals.
Growth prospects among emerging countries by 2027.

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The report provides a summary of the important functions and key Lung Function Monitor market:

Detailed Lung Function Monitor market overview
The report provides a precise analysis of changing competitive dynamics.
In-depth market segmentation by type, application, etc.
Historical, current and projected market size in terms of volume and value.
Recent industry trends and developments.
The competitive landscape of the cyber security market for key Lung Function Monitor .
Key players and product strategy.
Potential and segmented markets/regions are showing considerable growth.

Finally, the key Lung Function Monitor market report is a reliable source of market research that will accelerate your business exponentially. The report also proposes a new task SWOT review, speculative accessibility investigation and risk-reward investigation.

We also provide customized reports based on specific customer requirements:

1- Country/region analysis of any 5 countries/regions you choose.

2- Competitive analysis of any 5 major market participants.

3 to 40 analyst hours, covering all other data points

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This release was published on openPR.