The report on the Global Respiratory Care Device Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Respiratory care device is engaged to provide an ample range of therapeutic and diagnostic services to lung and heart disorders patients. These devices are used in hospitals and clinics, and home care. Hospital and home care industries are the major users for respiratory care device. These devices are extensively used in general & surgical wards and in intensive care units as a life support measure. Lack of awareness leading to a large under-diagnosed and under-treated population and harmful effects of certain respiratory care devices on new born child hamper the growth of market. This market is continuously focusing on developing innovative products in their specialized areas. This market has contributed to the growth of healthcare system. The Asia Pacific region represents the fastest growing market for respiratory care devices, primarily due to the increasing healthcare expenditure and growth in the overall healthcare industry.
Drivers
- Rapid growth in geriatric population
- Growing incidence of respiratory diseases
- Escalating occurrence rate of preterm births
- Increasing frequency of tobacco smoking
Restraints
- Compensation concerns
- Accessibility of low-cost products from local manufacturers
Report includes a detailed analysis on value chain in order to provide a holistic view of the respiratory care device market. Value chain analysis comprises detailed evaluation of the roles of various players involved in the respiratory care device industry, from raw material suppliers to end-users.
Respiratory care device market attractiveness analysis has been included in order to analyze the application segments that are estimated to be lucrative during the forecast period on the basis of their market size and growth rate. Attractiveness of the market has been derived from market size, profit margin, growth rate, availability of raw materials, competition, and other factors such as social and legal constraints.
The respiratory care device market has further been segmented based on products such as therapeutic devices, monitoring devices, diagnostic devices, consumables and accessories. The study provides forecast and estimates market for each product in terms of revenue during the forecast period from 2020 to 2026. Each product has been further analyzed based on regional and country levels from 2019 to 2026 in terms of volume and revenue.
The respiratory care device market has further been segmented based on end-users such as hospitals and home care. The study provides forecast and estimates market for each end-user in terms of revenue and volume during the forecast period from 2020 to 2026. Each end-user has been further analyzed based on regional and country levels from 2019 to 2026 in terms of volume and revenue.
In terms of geography, the respiratory care device market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.
The report also offers a competitive landscape of the overall market with company profiles of players such as:
- Philips Healthcare
- Resmed, Inc.
- Covidien PLC
- Masimo Corporation
- Fisher & Paykel Healthcare Limited
- Carefusion Corporation
- Invacare Corporation
- Chart Industries, Inc.
- Drager Medical GmbH
- Hamilton Medical AG
A detailed description of the each company has been included and includes information in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments provides a thorough idea about the competitive positioning of market players. The report also provides respiratory care device market's mergers/acquisitions, partnerships, collaborations, new product launches, new product developments and other industry developments.
SEGMENTATIONS IN REPORT:
Respiratory Care Device Market Analysis By Product:
- Therapeutic Devices
- Monitoring Devices
- Diagnostic Devices
- Consumables and Accessories
Respiratory Care Device Market Analysis By End User:
Respiratory Care Device Market Analysis By Geography:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East And Africa
The Global Respiratory Care Device Market has been exhibited in detail in the following chapters -
Chapter 1 Respiratory Care Device Market Preface
Chapter 2 Executive Summary
Chapter 3 Respiratory Care Device Industry Analysis
Chapter 4 Respiratory Care Device Market Value Chain Analysis
Chapter 5 Respiratory Care Device Market Analysis By Product
Chapter 6 Respiratory Care Device Market Analysis By End User
Chapter 7 Respiratory Care Device Market Analysis By Geography
Chapter 8 Competitive Landscape Of Respiratory Care Device Companies
Chapter 9 Company Profiles Of Respiratory Care Device Industry
METHODOLOGY:
Combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific Details on methodology used for this report can be provided on demand.