Asia-Pacific Respiratory Monitoring Market - Growth, Trends, and Forecast (2020 - 2025)

The market is segmented by Type of Device and Geography.

Market Snapshot

Picture1 respi

Study Period:

2016-2024

Base Year:

2018

Major Players:

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Market Overview

Asia-Pacific is the fastest growing market at a global level, owing to the increasing purchasing power of patients in countries, such as India and China. The demand for better healthcare in the Asia-Pacific region is due to the increasing respiratory diseases and the growing aging population. Growing economic growth and urbanization of Asian countries, initiatives taken by the local governments, such as healthcare awareness programs and collaborations with the NGO’s to create healthcare awareness, are contributing toward the change in demand patterns, which are driving the respiratory monitoring market in the Asia-Pacific region. The other factors also include rise in the number of smokers, high prevalence of respiratory diseases, and the growing pollution levels and development of advanced technologies. On the other hand, the high cost of devices and unfavourable regulatory reforms are likely to impede the market growth for respiratory monitoring market in the Asia-Pacific region.

Scope of the Report

Respiratory monitoring is performed by different types of respiratory monitors. It is a device used to monitor the respiration rate of the patient. It can be used by hospitals and home care settings. Patches will be placed on the body to measure heart rate and respiration, by transmitting the real-time data with the help of leads attached to a monitor that display and logs values for various time points. A monitor will be incorporated with an alarm to signal when the values are critically low. Advancements and improvements have occurred in respiratory monitoring over the past decade, in both technology and a better understanding of pathophysiologic characteristics of respiratory failure. Vital goals of respiratory monitoring are to alert the patients by giving alarms, to indicate a significant change in the patient's condition.

Type of Device
Spirometers
Peak Flow Meters
Sleep Test Devices
Gas Analyzers
Pulse Oximeters
Capnographs
Geography
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific

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Key Market Trends

Spirometers to Dominate the Market over the Forecast Period

The market is segmented on the basis of type of device and geography. Type of device is further divided into Spirometers, Peak Flow Meters, Sleep Test Devices, Gas Analyzers, Pulse Oximeters, and Capnographs.

The spirometer segment is anticipated to hold a significant market share during the forecast period. There are various types of spirometers, such as desktop, hand-held, and table top spirometers. Clinics and hospitals are extensively using table top spirometers, and home care settings are using hand held spirometer, owing to their convenience and accessibility. The Asia-Pacific region is home for a large heterogeneous population whose respiratory health is influenced by the social, economic, and environmental factors. Despite this variability, most of the prevalent causes of respiratory mortality and morbidity are air pollution, infection, and tobacco smoking.

Picture1 respira

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Competitive Landscape

The market comprises of major market players, who are focusing on R&D, in order to form the stable and safe formulation. The market has been noticing technological developments on a large scale, for the past couple of years. Some of the market players are Medtronic, Draegerwerk, GE Healthcare, Maquet, Philips Healthcare, Resmed, Siemens Healthcare, and Teijin Pharma.

Table Of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Rise in Number of Smokers

      2. 4.2.2 High Prevalence of Respiratory Diseases

      3. 4.2.3 Urbanization and Growing Pollution Levels

    3. 4.3 Market Restraints

      1. 4.3.1 Reimbursement Concerns

      2. 4.3.2 High Costs Associated with the Devices

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type of Device

      1. 5.1.1 Spirometers

      2. 5.1.2 Peak Flow Meters

      3. 5.1.3 Sleep Test Devices

      4. 5.1.4 Gas Analyzers

      5. 5.1.5 Pulse Oximeters

      6. 5.1.6 Capnographs

    2. 5.2 Geography

      1. 5.2.1 Asia-Pacific

        1. 5.2.1.1 China

        2. 5.2.1.2 Japan

        3. 5.2.1.3 India

        4. 5.2.1.4 Australia

        5. 5.2.1.5 South Korea

        6. 5.2.1.6 Rest of Asia-Pacific

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Medtronic PLC

      2. 6.1.2 Draegerwerk

      3. 6.1.3 GE Healthcare

      4. 6.1.4 Maquet

      5. 6.1.5 Philips Healthcare

      6. 6.1.6 Resmed

      7. 6.1.7 Siemens Healthcare

      8. 6.1.8 Teijin Pharma

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

* List Not Exhaustive

**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments

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