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(Medical-NewsWire.com, March 06, 2020 ) Respiratory devices are used for diagnosis, treatment as well as the assessment of patients suffering from cardiopulmonary diseases. The function of lungs starts to decline and hence the respiratory system undergoes numerous physiological, functional as well as immunological changes with the growing age. Wide ranges of devices for diagnosis of respiratory diseases say asthma, sleep apnea, Chronic Obstructive Pulmonary Diseases (COPD). According to Renub Research analysis, Respiratory Care Devices Market will be US$ 30.5 Billion by 2025.
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The devices can be used in hospitals and in home care setting and they come in all types of stationary to portable ones. In the year 2017, about 235 million people have asthma as per the World Health Organization, which signifies the need for respiratory care for asthma patients. The driving force of this market is rising Chronic Obstructive Pulmonary Diseases (COPD), surging aging population, the growing frequency of respiratory diseases, change in environment and lifestyle changes the market growth.
As per our analysis, the North America region holds significant market share among all regions across the globe in the global Respiratory care devices market by Regions. Apart from that, Polysomnography Devices market will dominate this market during the forecast period by products that we have covered in this report.
Renub Research report titled Respiratory Care Devices Market Global Analysis by Product (PAP Devices, Ventilators, Nebulizers, Humidifiers, Medical Oxygen Concentrators, Pulse Oximeters, Capnographs, Medical Gas Analyzers, Spirometers, Polysomnography, Devices, Peak Flow Meter, Breathing Circuits, Tracheostomy Tube, Others), Type (Therapeutic Devices, Monitoring Devices, Diagnostic Devices, Consumables & Accessories), Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa), Companies (Becton Dickinson and Company, GE Healthcare, Invacare, Philips Group, Fisher & Paykel Healthcare, Medtronic Plc.) provides a complete analysis of global respiratory care devices market.
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By Product Polysomnography Device dominates the Market
Based on product, respiratory care devices market is further segmented into PAP Devices, Ventilators, Nebulizers, Humidifiers, Medical Oxygen Concentrators, Pulse Oximeters, Capnographs, Medical Gas Analyzers, Spirometers, Polysomnography, Devices, Peak Flow Meter, Breathing Circuits, Tracheostomy Tube, Others.
By Region North America holds significant Market Share
In this report, global respiratory care devices market are categorized based on region; North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America holds a significant market share.
By Type Therapeutic Devices holds significant Market
In this report, global respiratory care devices market are categorized based on type; Therapeutic Devices, Monitoring Devices, Diagnostic Devices, Consumables & Accessories. Therapeutic Devices holds a significant market.
All the companies have been studied from two points
Recent Developments
Sales Analysis
Companies Covered
Becton Dickinson and Company
GE Healthcare
Invacare
Philips Group
Fisher & Paykel Healthcare
Medtronic Plc.
By Product
PAP Devices
Ventilators
Nebulizers
Humidifiers
Medical Oxygen Concentrators
Pulse Oximeters
Capnographs
Medical Gas Analyzers
Spirometers
Polysomnography Devices
Peak Flow Meter
Breathing Circuits
Tracheostomy Tube
Others
By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
By Type
Therapeutic Devices
Monitoring Devices
Diagnostic Devices
Consumables & Accessories
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Rajat Gupta
Market Research, Bus
rajat.gupta@renub.com
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