Chile Respiratory Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Chile Respiratory Devices Market is segmented by Type (Diagnostic and Monitoring Devices, Therapeutic Devices, and Disposables).

Market Snapshot

CAGR
Study Period: 2018 - 2026
Base Year: 2020
CAGR: 5.8 %

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Market Overview

The rising burden of respiratory disorders such as chronic obstructive pulmonary disease patients (COPD), TB, asthma, etc. remains the major driver of the industry. Chronic respiratory diseases are chronic diseases that affect the airways and other parts of the lungs. Respiratory symptoms are among the major causes of consultation with doctors and physicians in primary health care centers. Some of the major preventable chronic respiratory disorders are asthma, chronic obstructive pulmonary disease (COPD), allergic rhinitis, sleep apnea, and tuberculosis (principally, multi-drug resistant tuberculosis). According to Organisation for Economic Co-operation and Development (OECD), in 2017, Chile reported around 32.4 hospital discharges per 100,0000 inhabitants due to asthma, up from 29.5 a year before. Thus, owing to these factors, the demand for respiratory devices are expected to grow substantially, over the forecast period.

Scope of the report

As per the scope of the report, respiratory devices include respiratory diagnostic devices, therapeutic devices, and breathing devices for administering long-term artificial respiration. It may also include a breathing apparatus used for resuscitation, by forcing oxygen into the lungs of a person who has undergone asphyxia.

By Type
By Diagnostic and Monitoring Devices
Spirometers
Sleep Test Devices
Peak Flow Meters
Pulse Oximeters
Other Diagnostic and Monitoring Devices
By Therapeutic Devices
CPAP Devices
BiPAP Devices
Nebulizers
Oxygen Concentrators
Ventilators
Inhalers
Other Therapeutic Devices
By Disposables
Masks
Breathing Circuits
Other Disposables

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Key Market Trends

Sleep Test Device Segment is Expected to Show Better Growth Over the Forecast Period

Sleep test devices are expected to register an exponential growth, due to the increasing availability of portable instruments, such as CleveMed’s SleepView [home sleep monitor], which integrates several studies (oximetry, position, and cardiovascular and respiratory studies). Also, some of the sleep testing devices can be rented, which is resulting in the market expansion and this will further fuel their adoption. Furthermore, with the rising burden of respiratory diseases, such as Asthma and COPD, the demand for respiratory devices is also expected to rise, which will propel the market growth, over the forecast period.

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Competitive Landscape

The majority of the respiratory devices is being manufactured by the global key players. Market leaders with more funds for research and a better distribution system have established their position in the market, which has helped the market grow.

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 Rising Burden of Respiratory Disorders

      2. 4.2.2 Increasing Geriatric Population

    3. 4.3 Market Restraints

      1. 4.3.1 High Cost of 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 By Type

      1. 5.1.1 By Diagnostic and Monitoring Devices

        1. 5.1.1.1 Spirometers

        2. 5.1.1.2 Sleep Test Devices

        3. 5.1.1.3 Peak Flow Meters

        4. 5.1.1.4 Pulse Oximeters

        5. 5.1.1.5 Other Diagnostic and Monitoring Devices

      2. 5.1.2 By Therapeutic Devices

        1. 5.1.2.1 CPAP Devices

        2. 5.1.2.2 BiPAP Devices

        3. 5.1.2.3 Nebulizers

        4. 5.1.2.4 Oxygen Concentrators

        5. 5.1.2.5 Ventilators

        6. 5.1.2.6 Inhalers

        7. 5.1.2.7 Other Therapeutic Devices

      3. 5.1.3 By Disposables

        1. 5.1.3.1 Masks

        2. 5.1.3.2 Breathing Circuits

        3. 5.1.3.3 Other Disposables

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Dragerwerk AG

      2. 6.1.2 Fisher & Paykel Healthcare Ltd

      3. 6.1.3 GE Healthcare

      4. 6.1.4 GlaxoSmithKline PLC

      5. 6.1.5 Invacare Corporation

      6. 6.1.6 Koninklijke Philips NV

      7. 6.1.7 Medtronic PLC

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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

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Frequently Asked Questions

The Chile Respiratory Devices Market market is studied from 2018 - 2026.

The Chile Respiratory Devices Market is growing at a CAGR of 5.8% over the next 5 years.

Dragerwerk AG, GE Healthcare, GlaxoSmithKline PLC, Koninklijke Philips NV, Medtronic PLC are the major companies operating in Chile Respiratory Devices Market.

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