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(Medical-NewsWire.com, June 20, 2017 ) The Middle east and Africa Respiratory Devices Market was worth $1.01 billion in 2016 and estimated to be growing at a CAGR of 8.61%, to reach $1.51 billion by 2021. People with respiratory disorders entail the need for respiratory devices.
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Respiratory devices are medical devices that are used to aid patients who are suffering from respiratory problems and cannot attain sufficient oxygen levels to sustain life. The devices are used in chronic obstructive pulmonary diseases (COPD), a deteriorating lung disease which mainly includes chronic bronchitis, and emphysema.
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The growth of the Middle east and Africa Respiratory Devices Market is mainly driven by factors such as an increase in the prevalence of respiratory diseases such as asthma and COPD, increasing disposable income, and rising aging population. However, poor accessibility of proper care, and high costs associated with the purchase and operation of such devices are the main factors hindering the growth of the market in this region.
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The Middle east and Africa Respiratory Devices market is segmented based on Type. The market for Respiratory Devices, on the basis of type, is segmented into Therapeutic Devices, Diagnostic and Monitoring Devices, and Disposables. On the basis of Therapeutic Devices, the global Respiratory Devices market is segmented into BI-PAP Devices, Nebulizers, Ventilators, Resuscitators, CPAP Devices, Humidifiers, Oxygen Concentrators, Inhalers. On the basis of Diagnostic and Monitoring Devices, the Middle East and Africa Respiratory Devices market is segmented into Sleep Test Devices, Pulse Oximeter, Spirometers, Peak Flow Meters, Capnographs. On the basis of Disposables, the global Respiratory Devices market is segmented into Cannulas, Filters, Masks, Tubes, Breathing Circuits. Based on End Users the Middle East and Africa Respiratory Devices market is segmented into Hospitals and Home Care.
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The market has been geographically segmented into Middle east and Africa. In terms of market share, South Africa leads the market in this region. Other important markets in this region include Zimbabwe, Zambia, Tanzania and Nigeria. The market in this region has the lowest share due to general lack of awareness.
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The major companies dominating the market in this region are Masimo Corporation, ResMed, Inc., Fisher and Paykel Healthcare Limited, Philips Healthcare, Covidien plc, and CareFusion Corporation.
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