DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Respiratory Care Devices Market - Drivers, Opportunities, Trends, and Forecasts: 2017-2023" report to their offering.
The Global Respiratory Care Devices Market is estimated to witness a CAGR of 8.8% during the forecast period 2017-2023. The market is analyzed based on three segments - product types, end-users, and regions.
The factors such as rising prevalence of respiratory diseases, huge demand for enhanced portable devices, increasing geriatric population, and high prevalence of tobacco smoking are expected to drive the market growth during the forecast period. The market is witnessing the emerging trend of intelligent ventilators, portable PAP devices, smart inhalers, and nebulizers which are helping in providing real-time monitoring and transmission of data to the physicians. The markets in India, Brazil, China, and Japan are expected to grow at a rapid pace during the forecast period as the prevalence of respiratory diseases in these countries is high.
The major driver of the respiratory device market is high smoking global population, which is increasing the disease burden. Smoking causes about 90% of all lung cancer deaths and 80% of all deaths from chronic obstructive pulmonary disease (COPD). It is observed that smokers are 12-13 times more likely to die from COPD than the non-smokers. Currently, market players are developing advanced technology PAP devices for the treatment of sleep apnea.
- Chart Industries Inc.
- Drager Medical GmbH
- Fisher & Paykel Healthcare Ltd.
- GE Healthcare
- Hamlinton Medical AG
- Invacare Corp.
- Maquet Corp.
- Medtronic Plc
- Philips Heathcare
Key Topics Covered:
1 Report Outline
2 Executive Summary
3 Market Positioning
4 Market Outlook
5 Market Characteristics
6 Respiratory Devices Market by Therapeutic Areas: Market Size and Analysis
7 Respiratory Care Devices Market by Product Types: Market Size and Analysis
8 Respiratory Care Devices Market by End Users: Market Size and Analysis
9 Respiratory Care Devices Market by Regions: Market Size and Analysis
10 Competitive Landscape
11 Vendor Profiles
12 Companies to Watch For
For more information about this report visit https://www.researchandmarkets.com/research/ss9qnn/global