Global Respiratory Measurement Devices Market Size study & Forecast, by Product (Therapeutic, Monitoring, Diagnostic, Consumables), End User (Hospital, Home Care) and Regional Analysis, 2022-2029

Global Respiratory Measurement Devices Market Size study & Forecast, by Product (Therapeutic, Monitoring, Diagnostic, Consumables), End User (Hospital, Home Care) and Regional Analysis, 2022-2029

Global Respiratory Measurement Devices Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Respiratory Measurement Devices are used to monitor the physiologic function of patients. It is used to analyze patients responses to clinical interventions. These devices such as smart pulse oximeters and spirometers, help in monitoring patients’ respiratory conditions. These devices play a vital role in the treatment of patients suffering from respiratory diseases such as chronic obstructive pulmonary disease (COPD), acute respiratory failure, and asthma. A variety of technologically advanced respiratory monitoring devices for personal use, intensive care, and in-patient settings are available on the market. The Respiratory Measurement Devices market is expanding because of factors such as the rising geriatric population and prevalence of respiratory diseases across the globe in the forecast period.

According to The World Bank in 2020, The global geriatric population aged 65 and above is increasing worldwide. As per the same source in 2020 approximately 9.321 % population aged 65 and above. Also, the geriatric population in 2017 was about 8.648 % which increased rapidly and reached approximately 8.876 % by 2018. In 2019, the global geriatric population and people aged 65 and above reached 9.102 %. Whereas increasing demand for homecare therapeutic devices and rising spending & growth activities by market players create lucrative opportunities for the market. However low awareness across rural areas hampers the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Respiratory Measurement Devices Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The Asia Pacific has witnessed the highest growth in terms of highest revenue generation owing to the factors such as the rising geriatric population, growing prevalence of respiratory disorders such as asthma, and so on Whereas the Asia Pacific is also deemed as the fastest growing region in terms of highest CAGR value owing to the rising public awareness, spending on health care and rising R&D activities by market payers across the region in the forecast period.

Major market players included in this report are:
GE Healthcare Pvt Ltd ,
Koninklijke Philips N.V.,
Draegerwerk AG & Co. KGaA,
Vyaire Medical Inc
Cardinal Health, Inc.
Masimo Corporation
ResMed Inc. (US)
Medtronic plc (Ireland)
CareFusion Corporation
Welch Allyn, Inc.

Recent Developments in the Market:
 In May 2020. - Philips and Masimo will collaborate. By this collaboration both the companies’ incorporate Masimo's measurement technologies to assist clinicians in examining ventilation status and cerebral oximetry. It includes Intellivue MX-Series multi-parameter monitors
 In March 2019 - ResMed, a provider of home-based medical equipment for sleep and respiratory care devices has acquired HB Healthcare Safety,
Global Respiratory Measurement Devices Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, End-User, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study.

The report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the market’s future growth. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:
By Product:
Therapeutic
Monitoring
Diagnostic
Consumables

By End-User:
Hospital
Home Care

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

Companies Mentioned

GE Healthcare Pvt Ltd ,
Koninklijke Philips N.V.,
Draegerwerk AG & Co. KGaA,
Vyaire Medical Inc
Cardinal Health, Inc.
Masimo Corporation
ResMed Inc. (US)
Medtronic plc (Ireland)
CareFusion Corporation
Welch Allyn, Inc

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