Respiratory diseases are the leading cause of death worldwide, they accounted for 9.5 million deaths worldwide during 2008. Patient having a problem in his/her respiratory function and cannot achieve adequate oxygen levels to maintain life uses respiratory devices to assist them.
Globally, development of efficient and advance technology, growing prevalence of respiratory diseases such as asthma and COPD, rise in the awareness among people regarding respiratory diseases, increasing government initiative across the globe, growing prevalence of tobacco smoking, rising pollution levels are the prime growth drivers of global respiratory devices market.
In addition, increase in adoption of respiratory devices in emerging economies such as China, India and others, will create new opportunities for global respiratory devices market. However, higher cost of the research and development, and increasing popularity of low-cost products from local manufacturers are the key restraints for global respiratory devices market.
Geographically North America dominated global respiratory devices market, because of high medical reimbursement facilities, and technological advancement. Asia Pacific is projected to have fastest growth, owing to rapidly increasing aging population, rise in consumer awareness and healthcare expenditure, favourable government policies, increasing pollution levels and incidences of respiratory diseases modernization of healthcare infrastructure, and growing medical tourism industry in developing nations such as China, and India in this region. Among all the application, hospital segment has the highest market share in global respiratory devices market due to higher prevalence of respiratory diseases.
Key Topics Covered:
1. Market Overview
2. Executive Summary
3. Market Landscape
4. Market Forces
5. Strategic Analysis
6. Respiratory Devices Market, By Type
7. Respiratory Devices Market, By Application
8. Respiratory Devices Market, By Geography
9. Respiratory Devices - Market Entropy
10. Company Profile
- Fisher & Paykel Healthcare Limited
- Chart Industries, Inc.
- Dräger Medical GmbH
- Hamilton Medical AG
- Philips Healthcare
- Resmed, Inc.
- Masimo Corporation
- Covidien PLC
- Carefusion Corporation
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