USA Respiratory Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

USA Respiratory Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The rise in the number of chronic obstructive pulmonary disease patients (COPD), TB, asthma, and pneumonia cases remains the major driver of the industry. Chronic respiratory diseases are chronic diseases that affect the airways and other parts of the lungs. Respiratory symptoms are among the major causes of consultation with doctors and physicians in primary health care centers. Some of the major preventable chronic respiratory disorders are asthma, chronic obstructive pulmonary disease (COPD), allergic rhinitis, sleep apnea, and tuberculosis (principally, multi-drug resistant tuberculosis). Asthma is a chronic inflammation of the lung airways that causes coughing, chest tightness, wheezing or shortness of breath. It is considered as one of the key indicator for the market, which affects children, adults, and elderly people. According to Centers for Disease Control and Prevention (CDC), in 2018, there were around 19.2 million adults, who suffered from asthma in the United States. Thus, with these factors, the adoption rate and demand for respiratory diseases are expected to grow substantially, over the forecast period.

Key Market TrendsSpirometers Segment is Expected to Show Better Growth in the Forecast Years

Based on diagnostic and monitoring devices segment, the market is categorized into spirometers, sleep test devices, peak flow meters, pulse oximeters, capnographs and others. The major factor attributing to the growth of spirometers segment is the increasing burden of respiratory disorders, such as asthma, bronchitis, and COPD across the country. The wide application of spirometers makes it easier for the patient to use this device and is thus, increasingly adopted in hospitals and home care setting. Furthermore, the significant advancements in the field of spirometry include the development of small portable spirometers and the increasing accuracy and acceptability, which is expected to fuel the market growth over the forecast period.

Competitive Landscape

The market studied is moderately competitive and most of the companies that are dominating the respiratory devices market in the United States are the global players. These companies include Chart Industries Inc., Dragerwerk AG, Drive Devilbiss International, Fisher & Paykel Healthcare Limited, GE Healthcare, GlaxoSmithKline PLC, Invacare Corporation, Koninklijke Philips N.V, Medtronic PLC and ResMed Inc.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned

IBM Corporation
Oracle Corporation
Internap Corporation
Packet Inc. (An Equinix Inc. Company)
Scaleway Inc.
Amazon Web Services Inc
Rackspace Inc.
CenturyLink, Inc.
LightEdge Solutions, Inc

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