Respiratory Devices Market, by Product Type (Respiratory Consumables (Respiratory Mask, Nasal Cannulas, Tracheostomy Tubes and Oxygen Tubes, and Other Accessories and Consumables), Nebulizers (Compressed Jet Nebulizers, Ultrasonic Nebulizers, Mesh Nebulizers), Oxygen Concentrators (Home Oxygen Concentrators and Portable Oxygen Concentrators), Positive airway pressure devices, Polysomnography Devices (Ambulatory PSG and Clinical PSG), Pulse Oximeters, Mechanical Ventilators, and Spirometers), by End User (Hospitals, Ambulatory Surgical Centers, Clinics, and Others (Long Term Care Centers, etc.), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
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.
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