Respiratory Devices Market to Become Worth US$ 22.1 Billion by the End of 2025

Respiratory devices are used by patients suffering from COPD and other respiratory diseases. Patients having low level of oxygen in their blood, patients suffering from injury, asthma, COPD, trauma, unconsciousness, surgery, during anesthesia are assisted with respiratory devices in order to get sufficient oxygen supply. Respiratory devices are used for different purposes such as few are used for direct supply oxygen, few are used to maintain the moisture in the room where patients are on ventilators, few are used to monitor the CO2 expelled during breathing, some are used for the administration of medicines.

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The market report comprises an elaborated executive summary, which includes market snapshot that provides information about various segments of the market. It also provides information and data analysis of the market with respect to market segments based on product type, application and geography. The market overview section of the report analyzes market dynamics such as drivers, restraints and opportunities that influences the global respiratory devices market in the current and future scenario.

Market share analysis among the market players is analyzed to signify the contribution of these players in the market in terms of percentage share. All these factors will help the market players to decide about the business strategies and plans to strengthen their positions in the global market. Based on geography, the market has been analyzed for major regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The study also covers detailed country analysis contributing majorly in the respiratory devices market.

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The global respiratory devices market is segmented by product type, application and geography. By product type the global respiratory market segmented into therapeutic devices, respiratory disposables and Monitoring and Diagnostic Devices. The therapeutic devices are further segmented into humidifiers, nebulizers, positive airway pressure, oxygen concentrators, reusable resuscitators, ventilators, inhalers and others. The other segment masks, nitric oxide delivery units, oxygen hoods. The respiratory disposables are further segmented into disposable masks, disposable resuscitators, tracheostomy tubes and oxygen cannula. Monitoring and Diagnostic Devices are further segmented into Pulse Oximeters, capnographs, spirometers, peak flow meters, polysomnography devices and gas analyzers. According to application, the global respiratory devices market is segmented into COPD, asthma, obstructive sleep apnea, respiratory distress, cystic fibrosis and pneumonia.

In terms of geography the global respiratory devices market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. The research is a combination of primary and secondary research, conducted for understanding and arriving at trends, used to forecast the expected revenue of the respiratory devices market in the near future. Primary research formed the bulk of our research efforts with information collected from in-depth interviews and discussions with a number of key industry experts and opinion leaders. Secondary research involved study of company websites, annual reports, press releases, investor presentations, analyst presentation and various international and national databases. The report provides estimated market size in terms of US$ Mn and volume (No. of Units) for each product type, application and geography for the period 2015 to 2025, considering the macro and micro environmental factors. The revenue generated from each product was calculated by considering number of products used in the procedures and their market demand as per their use, prevalence rate of disease, number of product launched, annual revenue generated by products of each sub segment, trends in industry, end user trend, and adoption rate across all the geographies.

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The report also profiles the major players in the market and provides various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. Major players operating in the global respiratory devices market are Chart Industries, Inc., Koninklijke Philips N.V., Resmed, Inc., GE Healthcare, Becton, Dickinson and Company, Teleflex Incorporated, Medtronic plc., Smiths Medical, Drägerwerk AG & Co. KGaA, Fisher & Paykel Healthcare Limited, Getinge AB and others.

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