Respiratory Devices Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2028

Respiratory Devices Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2028

The report on the global respiratory devices market provides qualitative and quantitative analysis for the period from 2022 to 2028. The report predicts the global respiratory devices market to grow with a CAGR of over 8% over the forecast period from 2022-2028. The study on respiratory devices market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2022 to 2028.

The report on respiratory devices market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global respiratory devices market over the period of 2022 to 2028. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global respiratory devices market over the period of 2022 to 2028. Further, IGR- Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings

1) Drivers

Rising hospital visits for proper treatment will boost and propel the growth of the market.

Increasing COPD cases globally will fuel the market growth.

2) Restraints

The unsuitable reimbursement scenario and accessibility of low-cost products from local manufacturers are further projected to impede the growth of the respiratory devices market.

3) Opportunities

Increased incidence of respiratory disorders as a result of rapid development in the worldwide elderly population offers lucrative opportunities for the expansion of the market.

Research Methodology

A) Primary Research

Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include

1. Key Opinion Leaders associated with Infinium Global Research

2. Internal and External subject matter experts

3. Professionals and participants from the industry

Our primary research respondents typically include

1. Executives working with leading companies in the market under review

2. Product/brand/marketing managers

3. CXO level executives

4. Regional/zonal/ country managers

5. Vice President level executives.

B) Secondary Research

Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include

1. Company reports and publications

2. Government/institutional publications

3. Trade and associations journals

4. Databases such as WTO, OECD, World Bank, and among others.

5. Websites and publications by research agencies

Segment Covered

The global respiratory devices market is segmented on the basis of product type, applications, and end user.

The Global Respiratory Devices Market by Product Type

Therapeutic Devices

Diagnostic and Monitoring Devices

The Global Respiratory Devices Market by Applications

Chronic Obstructive Pulmonary Disease

Asthma

Pneumonia

Obstructive Sleep Apnea

The Global Respiratory Devices Market by End User

Hospital

Diagnostic Center and Speciality Clinics

Others

Company Profiles

The companies covered in the report include

Philips Healthcare

ResMed Inc.

Medtronic plc

Masimo Corporation

Becton, Dickinson, and Company

Chart Industries, Inc.

Drägerwerk AG & Co. KGaA

Hamilton Medical AG

Fisher and Paykel Healthcare Limited

Invacare Corporation

What does this Report Deliver?

1. Comprehensive analysis of the global as well as regional markets of the respiratory devices market.

2. Complete coverage of all the segments in the respiratory devices market to analyze the trends, developments in the global market and forecast of market size up to 2028.

3. Comprehensive analysis of the companies operating in the global respiratory devices market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.

4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.