Press release
Respiratory Care Devices Market is expand at a CAGR of 4.4% during the forecast period - Philips Healthcare, ResMed Inc, Medtronic plc, Masimo Corporation
Respiratory Care Devices Market
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Respiratory care devices are used for diagnosis, monitoring, and treatment of respiratory diseases such as chronic obstructive pulmonary disease (COPD), asthma, tuberculosis, and pneumonia.
These devices provide enhanced care to patients suffering from such acute and chronic respiratory diseases. The report analyzes the respiratory care devices market on the basis of product type, end user, and geography.
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Market Trends and Drivers
Outbreak of infectious diseases affecting the respiratory system thus will increases the demand for respiratory care devices thereby augmenting the market growth. Infectious respiratory diseases directly drive demand for respiratory care.
COVID-19 is the most recent and significant of these diseases; the pandemic has resulted in a surge in demand for personal protection equipment and ventilators, among others.
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The demand for ventilators has also grown due to the COVID-19 outbreak, resulting in governmental and industrial support for driving the pace of manufacturing. This is indicative of the emphasis on respiratory care in the background of an outbreak; the market is expected to show a healthy growth rate, as a result.
Global Respiratory Care Devices Market Segmentation
Product
Positive Airway Pressure (PAP) Devices
Continuous Positive Airway Pressure (CPAP) Devices
Auto-titrating Positive Airway Pressure (APAP) Devices
Bi-level Positive Airway Pressure (BiPAP) Devices
Oxygen Concentrator
Fixed Oxygen Concentrators
Portable Oxygen Concentrators
Ventilators
Adult Ventilators
Neonatal Ventilators
Inhalers
Metered Dose Inhaler (MDI)
Dry Powder Inhaler (DPI)
Soft Mist Inhaler (SMI)
Nebulizers
Compressor-based Nebulizers
Piston-based Hand-held Nebulizers
Ultrasonic Nebulizers
Humidifiers
Heated Humidifiers
Passover Humidifiers
Integrated Humidifiers
Built-in Humidifiers
Standalone Humidifiers
Others
Application
COPD
Obstructive Sleep Apnea
Asthma
Respiratory Distress Syndrome
Cystic Fibrosis
Others
End-use
Hospital
Homecare Settings
Emergency Centers
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Major Players in the Global Respiratory Care Devices Market
The key players in the market are Philips Healthcare (Netherlands), ResMed Inc. (US), Medtronic plc. (Ireland), Masimo Corporation (US), Fisher & Paykel Healthcare (New Zealand), Drager AG (Germany), Invacare Corporation (US), Nihon Kohden (Japan), Getinge AB (Sweden) and Air Liquide (France), among others.
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