Press release
COPD and Asthma Diagnostic and Monitoring Devices Market Size May Set A New Epic Growth Story | Koninklijke Philips N.V, Nihon Kohden Corporation
The global COPD and asthma diagnostic and monitoring device market accounted for $4,953.60 million in 2019, and is expected to reach $8,202.62 million by 2027, registering a CAGR of 6.3% from 2020 to 2027. Factors such as rise in prevalence of respiratory diseases, huge demand for enhanced portable devices, growth in geriatric population, and high prevalence of tobacco smoking are expected to drive the market growth during the forecast period. The market is witnessing the emerging trend for spirometers, electrocardiogram, peak flow meter, polysomnography devices, and arterial blood gas analyzer, which is helping in providing real-time monitoring.
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Rise in lifestyle habits such as smoking & consumption of alcohol and growth in geriatric population are expected to boost the market growth. In addition, technological advances for new devices, regulatory approvals, and product launches are further promoting the market growth. In addition, prevalence of air pollution, climate changes, and dust fuels the market growth. Moreover, prevalence of respiratory diseases is increasing across the globe. In 2017, according to the WHO, respiratory diseases were considered to be the leading causes of death and disability in the world. Nearly 65 million people suffer from COPD and 3 million are expected to die from it each year, making it the third leading cause of death across the globe.
The report's in-depth market evaluation and examination of patron and furnish chain dynamics traits assist agencies in creating their sales, marketing, and merchandising strategies.
Additionally, the market lookup shed mild on the business's difficulties, market structures, prospects, using forces, and aggressive environment. It helps to acquire a first-rate appreciation of altering enterprise moves earlier than competitors.
The evaluation provides a 360-degree viewpoint and insights, detailing the necessary industrial outcomes. Additionally, these insights useful resource in the improvement of most desirable commercial enterprise planning and the making of well-informed preferences for multiplied profitability. Moreover, the evaluation aids non-public or project gamers in higher comprehending the organizations to make greater knowledgeable selections.
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KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global COPD and asthma diagnostics and monitoring devices market along with the current trends and future estimations to elucidate the imminent investment pockets.
- Comprehensive analysis of factors that drive and restrict the market growth is provided in the report.
- Comprehensive quantitative analysis of the industry from 2019 to 2027 is provided to enable the stakeholders to capitalize on the prevailing market opportunities.
- Extensive analysis of the key segments of the industry helps in understanding the forms and types of cell therapy used across the globe.
- Key market players and their strategies have been analyzed to understand the competitive outlook of the market.
LIST OF KEY PLAYERS PROFILED IN THE REPORT
- Becton Dickinson And Company
- Dragerwerk AG & CO. KGAA
- Getinge AB
- Invacare Corporation
- Masimo Corporation
- Medtronic PLC
- Koninklijke Philips N.V
- Nihon Kohden Corporation
- Smiths Medical
- Vyaire Medical INC.
Additionally, this learn about consists of a aggressive panorama for the enterprise and a strategic profile of the predominant market participants' core strengths.
The customer can use this lookup find out about to higher recognize the predominant drivers and restraints and how they will have an effect on the market for the duration of the forecast period.
The lookup additionally offers a thorough evaluation of the most necessary market dynamics and their most latest developments, as properly as pertinent market segments and sub-segments.
KEY MARKET SEGMENTS
By Product Type
- Diagnostic Devices
o Spirometers
o Electrocardiogram
o FeNo Test Analyzer
o Peak Flow Meter
o Arterial Blood Gas Analyzer (ABG)
o Polysomnography Devices
o Others
- Monitoring Devices
o Pulse Oximeters
o Capnograph
o Asthma Monitors
o Portable Table Top Pulse Oximeter
o Wearable Devices
o Fourier Transform Infrared Spectroscopy (FTIR)
o Others
- Consumables and Accessories
o Masks
o Spirometry Accessories
o Polysomnography Accessories
o Peak Flow Meter Accessories
o Pulse Oximeter Sensors
o Capnography Accessories
o Gas Analyzer Accessories
o Others
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By Indication
- COPD
- Asthma
By End User
- Hospitals and Clinics
- Home Care Settings
- Others
By Region
North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
The main elements defined in the record are:
The evaluation covers the foremost strategic market developments, such as new product launches, partnerships, collaborations, joint ventures, and regional growth of the pinnacle competitors running in the market on a international and regional level.
The file evaluates key market traits such as market price, revenue, capacity, provide and demand, market share, CAGR, and gross margin.
The world market lookup makes use of a wide variety of analytical tactics to exactly find out about and analyze records on the predominant enterprise gamers and their market share.
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