The global respiratory care devices market size is expected to reach USD 38.67 Billion in 2030 at a steady revenue CAGR of 8.5% during the forecast period, according to the latest analysis by Emergen Research. One of the primary factors driving revenue growth of the market is rising prevalence of preterm births. Every year, an estimated 15 million infants are born prematurely, that is more than one in every ten infants. Every year, around 1 million children die as a result of preterm delivery problems. Many survivors would be disabled for the rest of their lives, including learning difficulties and vision and hearing issues. The bulk of premature births occur in Africa and southern Asia; however, preterm birth is a worldwide issue. Premature newborns frequently experience Respiratory Distress Syndrome (RDS). It can cause newborns to require more oxygen and assistance with breathing. As a result, demand for effective respiratory care devices is expected to rise driven by increase in preterm births.
The report projects the market is anticipated to grow at a significant rate owing to raid advancements and technological developments in the sector. The report offers strategic recommendations to the businesses and investors to capitalize on the lucrative growth opportunities. The report further provides a comprehensive analysis of the competitive landscape and provides complete coverage with regard to company profiles, product portfolio, revenue generation, financial standing, and market position. It also covers mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, agreements, and partnerships, among others. It also offers insights into the manufacturing processes, revenue estimations, RD advancements, and industrial penetration.
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Key companies operating in the Respiratory Care Devices market include:
ResMed, NIHON KOHDEN CORPORATION, Koninklijke Philips N.V., Masimo, Fisher Paykel Healthcare Limited, Getinge AB, Medtronic plc, General Electric Company, VYAIRE, and Drägerwerk AG Co. KGaA
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Respiratory Care Devices market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Respiratory Care Devices Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Respiratory Care Devices Market Segmentation:
Product Outlook (Revenue, USD Billion; 2019–2030)
- Therapeutic Respiratory Care Devices
- PAP Devices
- CPAP Devices
- APAP Devices
- BiPAP Devices
- Ventilators
- ICU Ventilators
- High-End Ventilators
- Mid-End Ventilators
- Basic Ventilators
- Portable Ventilators
- ICU Ventilators
- Nebulizers
- Humidifiers
- Heated Humidifiers
- Passover Humidifiers
- Oxygen Concentrators
- Fixed Oxygen Concentrators
- Portable Oxygen Concentrators
- Inhalers
- Metered-Dose Inhalers (MDIs)
- Dry Powder Inhalers (DPIs)
- Reusable Resuscitators
- Nitric Oxide Delivery Units
- Oxygen Hoods
- PAP Devices
- Monitoring Devices
- Pulse Oximeters
- Pulse Oximeter Sensors
- Pulse Oximeter Equipment
- Capnographs
- Gas Analyzers
- Pulse Oximeters
- Diagnostic Respiratory Care Devices
- Spirometers
- Polysomnography Devices (PSG Devices)
- Peak Flow Meters
- Others
- Consumables Accessories
- Masks
- Reusable Masks
- Disposable Masks
- Disposable Resuscitators
- Tracheostomy Tubes
- Breathing Circuits
- Nasal Cannulae
- Others
- Masks
- Therapeutic Respiratory Care Devices
Disease Indications Outlook (Revenue, USD Billion; 2019–2030)
- Chronic Obstructive Pulmonary Disease (COPD)
- Sleep Apnea
- Asthma
- Infectious Diseases
- Others
End-use Outlook (Revenue, USD Billion; 2019–2030)
- Hospitals
- Home Care Settings
- Ambulatory Care Centers
Respiratory Care Devices Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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