Respiratory Care Devices Market WILL HIT BIG REVENUES IN FUTURE | BIGGEST OPPORTUNITY BY KEY PLAYERS - Koninklijke Philips N.V., Hamilton Medical AG, Fisher & Paykel Healthcare Limited, ResMed, Inc.
iCrowd Newswire 15 Sep 2020, 22:24 GMT+10
The ' Respiratory Care Devices market' research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview; Respiratory Care Devices derived key statistics, based on the market status of the manufacturers and is a valuable source of guidance and direction for companies and individuals interested in Respiratory Care Devices market size forecast, Getreportto understand the structure of the complete fine points (Including Full TOC, List of Tables & Figures, Chart).
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A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
Market Behavior/ Level of Risk and Opportunity
End Industry Behavior/ Opportunity Assessment
Expected Industry Recovery Timeline
Business Impact Horizon
Opening of Economy by Q3 2020
Recovery - Opening of Economy extended till Q4 2020 / Q1 2021
Respiratory care is a healthcare specialty that focuses on improving cardiopulmonary function and promoting health and wellness. Respiratory care devices are majorly categorized into therapeutic, diagnostic, & monitoring devices; and consumables & accessories. These devices are majorly used to in the treatment of medical conditions such as asthma, COPD, and other acute & chronic respiratory diseases. Respiratory care devices are used in hospital and homecare settings. The respiratory care devices market has experienced a paradigm shift from stationary to portable devices. Increased adoption of portable devices is a significant trend in the industry.
The global market is driven by factors such as increase in prevalence rate of respiratory diseases, rapid urbanization, increase in pollution level, growth in geriatric population, and increase in tobacco consumption worldwide. In addition, factors such as proactive governmental support have fueled the market growth. Moreover, high demand for therapeutic devices in homecare settings and increased healthcare spending are expected to provide lucrative opportunities for market players. However, large pool of undiagnosed population and risks associated with certain therapeutic devices for neonates hamper the growth of the respiratory care devices market.
The report segments the global respiratory care devices market on the basis of product, end user, and geography. Based on the type of product, the market is categorized into therapeutic devices, monitoring devices, diagnostic devices, and consumables & accessories. Therapeutic respiratory care devices are subsegmented into positive airway pressure (PAP) devices, which include continuous positive airway pressure (CPAP) devices, automatic positive airway pressure (APAP) devices, and bi-level positive airway pressure (BPAP) devices; masks, which include nasal mask, full-face mask, nasal pillow mask, and oral masks; ventilators; nebulizers; humidifiers; oxygen concentrators, which include fixed and portable oxygen concentrators; inhalers, which comprise dry powder inhalers and metered dose inhalers; reusable resuscitators, which include adult and neonatal resuscitators; nitric oxides delivery units; capnographs, gas analyzers, and oxygen hoods. Respiratory care monitoring devices include pulse oximeters, which is further segmented into pediatric pulse oximeters, wrist-worn pulse oximeters, handheld oximeter, fingertip pulse oximeter, and table-top/bedside pulse oximeters. The diagnostic respiratory care devices market is segmented into spirometers, polysomnography (PSG) devices, and peak flow meters. The respiratory care consumables and accessories devices market is categorized into disposable resuscitators, tracheostomy tubes, nasal cannulas, disposable masks, and other consumables & accessories. The end users of the industry are homecare settings and hospitals. The global market is segmented based on four regions, which include North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the market along with current trends and future estimations to elucidate the imminent investment pockets.
The report provides a quantitative analysis of the industry for the period of 2014-2022 to enable the stakeholders to capitalize on the prevailing market opportunities.
Extensive analysis of the market helps in understanding the trending respiratory care products used for therapeutic, monitoring, and diagnostic applications.
Competitive intelligence of the industry highlights the business practices followed by leading players across various regions.
Comprehensive analyses of the market at the regional and country levels are provided to determine the prevailing opportunities across these geographies.
Other players operating in the industry (profiles not included in the report)
3B Medical, Inc.
Medline Industries Inc.
Acare Technology Co., Ltd.
Allied Healthcare Inc.
Hill-Rom Holdings Inc.
Rotech Healthcare Inc.
A systematic step framework for How to Tackle The Situation..."MITIGATE" | "SUSTAIN" | "GROW": Business Strategy Recovery, Scenario and Planning
Key Segments Studied in the Global Respiratory Care Devices Market
Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan
In-Depth Qualitative Analyses Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter's Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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