global-respiratory-devices-market-industry
Published

November 2016

Global Respiratory Devices Market - Growth, Trends and Forecasts (2016-2021)

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The global respiratory devices market for the period 2016-2021 is expected to account for USD XX billion in 2021, growing at a CAGR of XX% from USD XX billion in 2016. Respiratory therapy in India is a medical specialty focused on the treatment, management, control, diagnostic evaluation and care of patients with deficiencies of the cardiopulmonary system.

Respiratory devices help in the removal of mucus from the respiratory airways and thereby improve pulmonary function. As a result of its high propensity for respiratory diseases, India is expected to be viewed as a potential target for global medical device makers.

Global Respiratory Devices Market- Market Dynamics

The report details several driving and restraining factors for the global respiratory devices market. Some of these are listed below.

Drivers

  • Increase in the number of patients suffering from respiratory diseases like Chronic Obstructive Pulmonary Disease (COPD), tuberculosis, asthma and pneumonia
  • Technological advancements in the development of better devices
  • Increase in disposable incomes
  • Increase in the demand for respiratory devices in private hospitals and clinics

Restraints

  • Increase in sophistication of devices
  • High costs associated with the purchase and operation
  • Lack of public awareness, especially in developing countries

The global respiratory devices market can be segmented based on diagnostic services, therapeutics, disposables, and geography.

  • Based on diagnostic services, the market can be further segmented into spirometers, sleep test devices, peak flow meters, pulse oximeter, and capnograph.
  • Based on therapeutic devices, the market can be segmented into CPAP devices, BI-PAP devices, humidifiers, nebulizers, oxygen concentrators, ventilators, inhalers, and resuscitators.
  • Based on the type of disposable, the market is further segmented into masks, cannulas, tubes, filters and breathing circuit.
  • Based on geography, the market is segmented into North America, Europe, Asia-Pacific, Africa & Middle East and Latin America.

Some of the key players in the market are:

  • 3M
  • AstraZeneca PLC
  • GE Healthcare
  • GlaxoSmithKline
  • Medtronic
  • Philips Healthcare

Key Deliverables in the Study

  • Market analysis for the respiratory devices market, with region-specific assessments and competition analysis on the global and regional scale.
  • Market definition along with the identification of key drivers and restraints
  • Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their market.
  • Identification and analysis of the macro and micro factors that affect the respiratory devices market on the global and regional scale.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
  • A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
  • Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.
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$8750
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