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The global Respiratory Care Device market was valued at 165.3 Million USD in 2021 and will grow with a CAGR of 9.05% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Respiratory Care is focused on respiratory health products throughout the continuum of care for patients with acute and chronic pulmonary conditions.Respiratory Care Device is a series device for therapeutic, monitoring and diagnostic application in human beings` home care and hospital used. The respiratory care devices market is growing at a significant rate since the last decade. Growth in this market is mainly attributed to the high prevalence of respiratory diseases, rising aging population across the globe, high prevalence of smoking, rising urbanization and pollution levels, increasing incidences of preterm births, and lifestyle changes. Much more companies getting into the respiratory care device industry and the market are much scattered. Key players in Respiratory care device market include ResMed, Philips Respironics, Covidien(Medtronic), Fisher and Paykel Healthcare, Maquet, CareFusion Corporation (BD), Dräger, Teleflex, DeVilbiss Healthcare(Drive Medical), and Invacare, etc. ResMed, Philips Respironics, Covidien (Medtronic), and Fisher & Paykel Healthcare are the dominators of the respiratory care device industry at the moment, and totaled accounted for about 30 percent. In 2015, major demand accounts 41.73% from North America in the global respiratory care device market and will increase stably. Europe is occupied 29.88% market in respiratory care device industry. Other major demand is expected from emerging markets of China and Asia(Ex-China), total contributed 22.67 percent. Along with the development of Chinese domestic equipment, Chinese domestic equipment has been very mature and advanced, and the performance distance has been shorten compared with the imported equipment.
By Market Verdors:
ResMed
Philips Respironics
Covidien(Medtronic)
Fisher and Paykel Healthcare
Maquet
CareFusion Corporation (BD)
Dräger
Teleflex
DeVilbiss Healthcare(Drive Medical)
Invacare
Chart Industries
Weinmann
Inogen
Yuyue Medical
Masimo Corporation
Hamilton Medical
Nihon Kohden Corporation
Omron Healthcare
ACOMA
Heyer Medical
Breas Medical
PARI Medical Holding GmbH
BMC Medical
GF Health Products
MGC Diagnostics Corporation
SDI Diagnostics
Apex Medical
Sysmed
By Types:
Therapeutic Device
Monitoring Device
Diagnostic Device
By Applications:
Home Care
Hospital
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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To understand the future outlook and prospects for the market.
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