Respiratory Care Devices Market Trends, Industry Size, Growth, Analysis and Forecast – 2027

Respiratory Care Devices Market size is expected to grow at an annual average of 11% during 2021-2027.

With the coronavirus outbreak worldwide, the demand for respiratory therapy devices is suddenly increasing. Therefore, the Respiratory Care Devices market grew at an annual average of 261.1% from 2019 to 2020. The market for respiratory care devices in 2020 reached 58.1 billion USD. The growth of this market is primarily due to the high prevalence of respiratory diseases, the growing aging population around the world, the high prevalence of smoking, increasing urbanization and pollution levels, increased preterm birth rates and lifestyle changes.

 

The following manufacturers are covered in this report, with sales, revenue, market share for each company:

Philips Healthcare
Resmed
Medtronic
Masimo
Fisher & Paykel Healthcare
Becton, Dickinson and Company (BD)
Invacare
Chart Industries
Dragerwerk AG
Hamilton Medical

Market size by Product

Therapeutic Devices
Monitoring Devices
Diagnostic Devices
Consumables and Accessories

Market size by End User

Hospitals
Home Care
Clinic

 

 

Scope of the Report

The research study analyzes the global Respiratory Care Devices industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Respiratory Care Devices Market Report

1. What was the Respiratory Care Devices Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2027).

What will be the CAGR of Respiratory Care Devices Market during the forecast period (2019-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2027).
4. Which manufacturer/vendor/players in the Respiratory Care Devices Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.