Respiratory device is a device that facilitates breathing in cases of respiratory failure. If there is a problem in the functioning of the respiratory system then the condition may lead to chronic obstructive pulmonary disease, emphysema, bronchiectasis, asthma, chronic bronchitis or pulmonary fibrosis, and others. To treat such conditions several respiratory devices are required, such as positive expiratory pressure, high-frequency chest wall oscillation, oral high-frequency oscillation, intrapulmonary percussive ventilation, incentive spirometer, and flutter device. The pulmonary gas exchange is disturbed during general anesthesia, and both oxygenation and elimination of carbon dioxide are impaired. The shape of the chest wall alters after the induction of anesthesia-paralysis in recumbent subjects, and its motion during inspiration is also altered. There are several respiratory therapeutic devices used in treating such conditions such as positive expiratory pressure, inhalers, humidifiers, oxygen concentrators, reusable resuscitators, respiratory masks, ventilators, and others.
Market Dynamics
Increasing adoption of inorganic strategies such as product launches by key market players is expected to drive the global respiratory devices market growth over the forecast period. For instance, in January 2021, TytoCare Ltd., a medical device company, announced that it had launched Pulse Oximeter (SpO2), a medical device for checking blood oxygen saturation levels and heart rate remotely. The virtual examination solution which is used in the home setting can support clinicians to monitor patients with COVID-19 and chronic lung or heart conditions and help to avoid hospital and clinic visits.
Key features of the study:
- This report provides an in-depth analysis of the global respiratory devices market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global respiratory devices market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Masimo, Teleflex Incorporated, Fisher & Paykel Healthcare Limited, ResMed, Hamilton Medical, Medtronic, Koninklijke Philips N.V., ICU Medical, Inc., General Electric Company, Dragerwerk AG & Co. KGaA, Inogen, Inc., TytoCare Ltd., Belluscura, Mitocon Biomed, VYAIRE, Medline Industries, Inc., OMRON Corporation, TNI medical AG, and Xplore Health Technologies Pvt. Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global respiratory devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global respiratory devices market
Detailed Segmentation:
- Global Respiratory Devices Market, By Product Type:
- Respiratory Consumables
- Respiratory Mask
- Nasal Cannulas
- Tracheostomy Tubes and Oxygen Tubes
- Other Accessories and Consumables
- Nebulizers
- Compressed Jet Nebulizers
- Ultrasonic Nebulizers
- Mesh Nebulizers
- Oxygen Concentrators
- Home Oxygen Concentrators
- Portable Oxygen Concentrators
- Positive airway pressure devices
- Polysomnography Devices
- Ambulatory PSG
- Clinical PSG
- Pulse Oximeters
- Mechanical Ventilators
- Spirometers
- Global Respiratory Devices Market, By End User:
- Hospitals
- Ambulatory Surgical Centers
- Clinics
- Others (Long Term Care Centers, etc.)
- Global Respiratory Devices Market, By Region:
- North America
- Latin America
- By Country
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Country
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- By Country
- GCC
- Israel
- Rest of Middle East
- Africa
- By Country/Regions
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Masimo*
- Company Highlights
- Products Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Teleflex Incorporated
- Fisher & Paykel Healthcare Limited
- ResMed
- Hamilton Medical
- Medtronic
- Koninklijke Philips N.V.
- ICU Medical, Inc.
- General Electric Company
- Dragerwerk AG & Co. KGaA
- Inogen, Inc.
- TytoCare Ltd.
- Belluscura
- Mitocon Biomed
- VYAIRE
- Medline Industries, Inc.
- OMRON Corporation
- TNI medical AG
- Xplore Health Technologies Pvt. Ltd.
“*” marked represents similar segmentation in other categories in the respective section.
