Global Acoustic Respiration Sensors Market Size study, By Patient Age Groups (Acoustic Respiration Systems for Adults, Acoustic Respiration Systems for Paediatrics), By Distribution Channels (Specialized Care Centers, Online Sales), and Regional Forecasts

Global Acoustic Respiration Sensors Market Size study, By Patient Age Groups (Acoustic Respiration Systems for Adults, Acoustic Respiration Systems for Paediatrics), By Distribution Channels (Specialized Care Centers, Online Sales), and Regional Forecasts 2022-2028

Global Acoustic Respiration Sensors Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Acoustic Respiration Sensors refers to medical devices utilized by clinicians and healthcare professionals to noninvasively and continuously assess patients' breathing for earlier detection of respiratory disorders. Respiratory Acoustic Sensor (RAS) detects acoustic signals produced by the turbulent airflow in the upper airway that occurs during inhalation and exhalation. Whereas signal processing algorithms convert the acoustic patterns into breath cycles thus calculate respiration rate. The growing prevalence of respiratory disorders and increasing end use application of Acoustic respiration Sensors are factors that are accelerating the global market demand. For instance, according to The Office of Disease Prevention and Health Promotion (ODPHP) estimates – as of 2020, more than 25 million people in the United States were diagnosed with asthma. Around 14.8 million adults diagnosed with COPD, and approximately 12 million people remained undiagnosed. Moreover, as per World Health Organization estimates - Chronic obstructive pulmonary disease (COPD) is the third leading cause of death worldwide. In 2019 around 3.23 million individuals globally lost their lives. Out of these around 90% of COPD deaths in those under 70 years of age occurred in low- and middle-income countries. Also, growing incidences of respiratory diseases in paediatrics and rising healthcare sector in emerging economies are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, dearth of technical expertise and high cost associated with respiratory sensors impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Acoustic Respiration Sensors Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing number of new product approvals and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of the healthcare sector and increasing incidences of respiratory disorders in the region, would create lucrative growth prospects for the global Acoustic Respiration Sensors Market across the Asia Pacific region.

Major market players included in this report are:
Masimo
Medtronic Public Limited Company
First Sensor
Philips Healthcare (Koninklijke Philips N.V.)
Smiths Medical (part of Smiths Group plc)
Drägerwerk AG & Co. KGaA.
GE Healthcare (part of General Electric Company)
Welch Allyn, Inc. (Hill-Rom Holdings, Inc.)
MGC Diagnostics Corporation
M Morgan Scientific

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Patient Age Groups:
Acoustic Respiration Systems for Adults
Acoustic Respiration Systems for Pediatrics
By Distribution Channels
Specialized Care Centers
Online Sales
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Acoustic Respiration Sensors Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Masimo
Medtronic Public Limited Company
First Sensor
Philips Healthcare (Koninklijke Philips N.V.)
Smiths Medical (part of Smiths Group plc)
Drägerwerk AG & Co. KGaA.
GE Healthcare (part of General Electric Company)
Welch Allyn, Inc. (Hill-Rom Holdings, Inc.)
MGC Diagnostics Corporation
M Morgan Scientific

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