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Respiratory Devices Market is Estimated to Grow at a CAGR of 9.8% within the forecast period of 2022 to 2029 : Cognitive Market Research

Respiratory Devices Market is Estimated to Grow at a CAGR of 9.8% within the forecast period of 2022 to 2029 : Cognitive Market Re
- The global respiratory devices market is estimated to be valued at USD 21,768.1 in 2022 and is expected to exhibit a CAGR of 9.8% during the forecast period. Respiratory Devices are medical devices that are used to help a patient suffering from breathing problems. These devices are used in the management and treatment of disorders such as COPD (Chronic obstructive pulmonary disease), fibrosis, asthma and acute respiratory distress syndrome.
Summary:
• North America dominates the respiratory devices market with the highest revenue share.
• Oxygen concentrators are expected to dominate the global respiratory devices market in terms of revenue share.
To know more The Respiratory Devices Market statistics click here : https://www.cognitivemarketresearch.com/respiratory-devices-market-report
Respiratory Devices Market Dynamics:
- Rising incidence of respiratory disorders such as Chronic obstructive pulmonary disease (COPD), asthma, and tuberculosis is the key factor which drives the growth of the market. In addition, the rising geriatric population is the other factors driving the market growth. However, harmful effect on specific respiratory care devices on neonates are expected to hamper the growth of the market.
Market Segmentation:
Type:
• Invasive
• Non invasive
Application:
• Hospitals/Clinics
• Household
• Other (In army Outer space etc.)
By Product
• Therapeutic Devices
• Drug Delivery Devices
• Mechanical Ventilators
• Continuous Positive Airway Pressure
• Resuscitators
• Humidifiers
• Airway Clearance Devices
• Oxygen Concentrators
Oxygen concentrators are expected to dominate the global market in terms of revenue share. This is attributed to the, growing incidence of respiratory diseases, rising demand for home oxygen treatment, and rapid growth in the older population.
• Consumables & Disposables
• Others
Indication
• Asthma
• Chronic Bronchitis
• Chronic Obstructive Pulmonary Disease (COPD)
• Pleural Effusion
• Others
- Competitive Analysis for Respiratory Devices Market :
Resmed, Philips Healthcare, Medtronic, Carefusion, GE Healthcare, Teijin Pharma, Drager Medical, Fisher & Paykel, MEKICS, Weinmann, Air Liquide, Maquet, SLE Ltd, Hamilton Medical, eVent Medical, DeVilbiss, Apex Medical
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Regional Analysis:
- North America dominates the respiratory devices market with the highest revenue share, due to improving healthcare knowledge, and enhanced healthcare systems. Furthermore, Asia Pacific region is anticipated to grow the target market in terms of growth rate, due to the rising prevalence of illnesses like asthma in both adults and children as well as technological developments.
News:
November 2022,
- Xplore Health Technologies launched its first respiratory device, Airofit PRO.
Airofit PRO, is introduced by Xplore Health Technologies in collaboration with Airofit, Denmark which is a first respiratory muscle training (RMT) device of the company.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Respiratory Devices Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Respiratory Devices Market Segmentation
1.5.1 Respiratory Devices Market Regional Fragmentation
1.5.1 Respiratory Devices Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Respiratory Devices Market
Chapter 4 Global Respiratory Devices Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Respiratory Devices Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Respiratory Devices Market by Application Segmentation Analysis (2018-2030)
• 9.1 Detailed Qualitative Analysis
• 9.2 Global Respiratory Devices Revenue and Share (%) by Application (2018-2030)
9.2.1 Hospitals/Clinics Market Size
9.2.1.1 Global Hospitals/Clinics Market Share and Revenue (USD Million) for 2018-2030
9.2.2 Household Market Size
9.2.2.1 Global Household Market Share and Revenue (USD Million) for 2018-2030
9.2.3 Other (In army Outer space etc.) Market Size
9.2.3.1 Global Other (In army Outer space etc.) Market Share and Revenue (USD Million) for 2018-2030
Chapter 10 Global Respiratory Devices Market Regional Analysis
• 10.1 Detailed Qualitative Analysis
• 10.2 Global Respiratory Devices Market Revenue by Region (2018-2030)
• 10.2 Global Respiratory Devices Market Share (%) by Region (2018-2030)
Chapter 11 North America Respiratory Devices Market Outlook (2018 - 2030)
Chapter 12 Europe Respiratory Devices Market Outlook (2018 - 2030)
Chapter 13 Asia Pacific Respiratory Devices Market Outlook (2018 - 2030)
Chapter 14 Latin America Respiratory Devices Market Outlook (2018 - 2030)
Chapter 15 Middle East and Africa Respiratory Devices Market Outlook (2018 - 2030)
Chapter 16 Research Findings
To know more Respiratory Devices Market TOC click here : https://www.cognitivemarketresearch.com/respiratory-devices-market-report#table_of_contents
Related Report :
• Pulmonary Drug Delivery Devices Market : https://www.cognitivemarketresearch.com/pulmonary-drug-delivery-devices-market-report
• Respiratory Inhaler Market : https://www.cognitivemarketresearch.com/respiratory-inhaler-market-report
• Sleep Apnea Devices Market : https://www.cognitivemarketresearch.com/sleep-apnea-devices-market-report
• Medical Suction Devices Market : https://www.cognitivemarketresearch.com/medical-suction-devices-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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