Press release
Respiratory Devices And Equipment (Therapeutic And Diagnostic) Global Market Size is Expected to Grow $58.85 Billion By 2028 | Key Players: Smiths Medical Inc., Philips Healthcare, GE Healthcare, Chart Industries Inc., Invacare Corporation
Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market
The Business Research Company's Respiratory Devices And Equipment (Therapeutic And Diagnostic) Global Market Report 2023 identifies the increasing demand for home-based care is expected to propel the growth of the respiratory devices and equipment (therapeutic and diagnostic) market going forward. Home-based care, also known as home healthcare or home care, refers to healthcare services and support provided to individuals in the comfort and familiarity of their own homes.
The respiratory devices and equipment (therapeutic and diagnostic) market size has grown rapidly in recent years. It will grow from $32.89 billion in 2023 to $37.17 billion in 2024 at a compound annual growth rate (CAGR) of 13.0%. The growth in the historic period can be attributed to respiratory conditions prevalence, aging population, pollution and environmental factors, telehealth and remote monitoring. The respiratory devices and equipment (therapeutic and diagnostic) market size is expected to see rapid growth in the next few years. It will grow to $58.85 billion in 2028 at a compound annual growth rate (CAGR) of 12.2%.
Download Free Sample Of Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market Report -
https://www.thebusinessresearchcompany.com/sample_request?id=2404&type=smp
Major companies operating in the respiratory devices and equipment (therapeutic and diagnostic) market include Smiths Medical Inc., Philips Healthcare, GE Healthcare, Chart Industries Inc., Invacare Corporation, Fisher & Paykel Healthcare Limited, ResMed Inc., Koninklijke Philips N.V., Dragerwerk AG, Medtronic PLC, Masimo Corp., CareFusion Corporation, Compumedics Limited, Becton Dickinson and Company, Hamilton Medical, Mindray Medical International Limited, Vyaire Medical Inc., Getinge AB, AirSep Corporation, Breas Medical AB, Hill-Rom Holdings Inc., Inogen, Shenzhen Mindray Bio-Medical Electronics Co., Linde PLC, DeVilbiss Healthcare LLC, Nihon Kohden Corporation, Nonin Medical Inc., O2 Concepts LLC, Precision Medical Inc., Pulmodyne Inc., Salter Labs Inc., Sechrist Industries Inc., Teleflex Inc., Ventec Life Systems, VitalAire, Weinmann Emergency Medical Technology GmbH + Co. KG, ZOLL Medical Corporation
A longer duration of time taken in the approval process of the respiratory devices is restricting the respiratory devices and equipment market growth. Before a new respiratory device is introduced to the market, it takes 7.2 months for the FDA approval process, which adds to development costs to be borne by device manufacturers, thus acting as a restraint hindering the market growth.
Read More On The Global Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market Report Here:
https://www.thebusinessresearchcompany.com/report/respiratory-devices-and-equipment-therapeutic-and-diagnostic-global-market-report
The Respiratory Devices And Equipment (Therapeutic And Diagnostic) market is segmented -
1) By Type: Diagnostic devices, Therapeutic devices, Monitoring devices
2) By Therapeutic Devices: Humidifiers, Nebulizers, Oxygen concentrators, Positive Airway Pressure (PAP) Devices, Ventilators, Other Therapeutic Devices
3) By Diagnostic Devices: Spirometer, Polysomnographs, Peak Flow Meters
4) By Monitoring Devices: Pulse oximeters, Capnographs, Gas analyzers
5) By Application: Chronic Obstructive Pulmonary Disease (COPD), Asthma, Obstructive Sleep Apnea (OSA), Respiratory Distress Syndrome (RDS), Cystic Fibrosis, Pneumonia
6) By End User: Hospitals, Clinics, Homecare settings, Ambulatory service centers
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Respiratory Devices And Equipment (Therapeutic And Diagnostic) market.
The Business Research Company's "Global Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
Explore Buying Options For The Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2404
The Table Of Content For The Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market Include:
1. Executive Summary
2. Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market Characteristics
3. Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market Trends And Strategies
4. Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market - Macro Economic Scenario
5. Global Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market Size and Growth
……
31. Global Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market Competitive Benchmarking
32. Global Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market
34. Respiratory Devices And Equipment (Therapeutic And Diagnostic) Market Future Outlook and Potential Analysis
35. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Respiratory Devices And Equipment (Therapeutic And Diagnostic) Global Market Size is Expected to Grow $58.85 Billion By 2028 | Key Players: Smiths Medical Inc., Philips Healthcare, GE Healthcare, Chart Industries Inc., Invacare Corporation here
News-ID: 3336575 • Views: …
More Releases from The Business research company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Devices
Spinal Fusion Devices Market Size to Reach Valuation of $7.43 Billion by 2022 | …
Increase in adoption of minimally invasive spine surgery (MISS) presents lucrative opportunities for key players in the spinal fusion devices market. MISS is preferred to conventional techniques, owing to its associated benefits such as minimal cut or incision, which in turn reduces the chances of damage caused to the adjacent muscles.
Spinal fusion devices market was valued at $5,867 million in 2015, and is projected to reach $7,435 million by 2022,…
Global Beauty Devices Market Industry Insights Forecast to 2024, Coverage Cellul …
The global beauty devices market was valued at USD 39.1 billion in 2018 and is anticipated to grow at a CAGR of 18.4% during the forecast period. The significant growth in the beauty devices industry is imputed to the rise in prevalence of skin disorders, increasing rate of hormonal imbalance cases, an increase in the geriatric population, and growing awareness for beauty devices.
Request for Free Sample Copy of this Research…
Canada Anesthesia and Respiratory Devices Market Segments Including Airway Manag …
ReportsnReports added a new report on The Canada Anesthesia and Respiratory Devices Market report that delivers the clean elaborated structure of the Report comprising each and every business-related information of the market at a global level. The in-depth study on the current state which focuses on the major drivers and restraints for the key players. Canada Anesthesia and Respiratory Devices Market Industry research report provides granular analysis of the market…
Global Beauty Devices Market Insights 2018 By Products Hair Growth Devices,Acne …
Description
This report studies the global market size of Beauty Devices in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Beauty Devices in these regions.
This research report categorizes the global Beauty Devices market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers,…
Wearable Electronic Devices Market,Wearable Electronic Devices Industry, Global …
Latest industry research report on: Global Wearable Electronic Devices Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts
This report studies the global Wearable Electronic Devices market status and forecast, categorizes the global Wearable Electronic Devices market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other…
Ophthalmic Devices Market By Product Function [Ophthalmic Surgery Devices (Refra …
Ophthalmology is a branch of medical sciences that deals with the structure, function, and various eye diseases. The ophthalmic devices are medical equipment designed for diagnosis, surgical, and vision correction purposes. These devices gain increased importance and adoption due to high prevalence of various ophthalmic diseases such as glaucoma, cataract, and other vision related issues.
Request Sample At: https://www.bigmarketresearch.com/request-sample/1074435
Increase in prevalence rate of eye related diseases such as glaucoma, cataract,…
