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Global Therapeutic Respiratory Devices Market Research Report 2023

08-07-2023 04:54 PM CET | Health & Medicine

Press release from: Valuates Reports

Global Therapeutic Respiratory Devices Market Research Report

The global Therapeutic Respiratory Devices market was valued at US$ 9147 million in 2022 and is anticipated to reach US$ 12490 million by 2029, witnessing a CAGR of 4.5% during the forecast period 2023-2029.

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Therapeutic Respiratory Devices Market

Respiratory devices supply respiratory gas mechanically to patients with impaired respiratory function. The respiratory gas is usually enriched with oxygen and conveyed into the lung with a positive pressure generated by the device.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global Therapeutic Respiratory Devices key players include Philips Healthcare, ResMed, Getinge, Draeger, Hamilton Medical, etc. Global top five manufacturers hold a share about 40%.

North America is the largest market, with a share about 40%, followed by Europe and Asia-Pacific, both have a share about 50 percent. In terms of product, Ventilators is the largest segment, with a share over 35%. And in terms of application, the largest application is S Home Care, followed by Hospitals, etc.

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Segment by Type
Nebulizers
Humidifiers
Oxygen Concentrators
Ventilators
Positive Airway Pressure Devices
Others

Segment by Application
Hospitals
Home Care
Others

Consumption by Region
North America (United States, Canada)
Europe (Germany, France, UK, Italy, Russia)
Asia-Pacific (China, Japan, South Korea, Taiwan)
Southeast Asia (India)
Latin America (Mexico, Brazil)

By Company Philips Healthcare, ResMed, Getinge, Draeger, Hamilton Medical, Inogen, Mindray, Medtronic, PARI, Omron, CAIRE, Invacare, GE Healthcare, Air Liquide, DeVilbiss Healthcare

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