DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/29hwjp/respiratory_care) has announced the addition of the "Respiratory Care Devices Market by Product (Therapeutic (Ventilator, Mask, PAP Device, Inhaler, Nebulizer), Monitoring (Pulse Oximeter, Capnograph), Diagnostic, Consumables & Accessories) & by End User (Hospital, Home Care) - Global Forecast to 2020" report to their offering.
The emergence of home healthcare has opened new avenues for the market. The other major factors driving the growth of the market include high prevalence of respiratory diseases, rapid aging of global population, high prevalence of tobacco smoking, urbanization and growing levels of pollution, and changing lifestyles.
The growing demand for point-of-care (POC) diagnostic devices and developing economies such as APAC and Latin America are expected to provide growth opportunities for players operating in the market in the coming years. However, factors such as low-cost products from local manufacturers, lack of awareness leading to a large underdiagnosed and undertreated population, and harmful effects of certain respiratory care devices on neonates.
North America accounted for the largest share in 2014, followed by Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The Asia-Pacific region represents the fastest-growing market for respiratory care devices, primarily due to the increasing healthcare expenditure and growth in the overall healthcare industry. In addition, increasing investments in the healthcare industry by key market players, rising demand for cutting-edge technologies, and expansion of private sector hospitals to rural areas in countries such as China, Taiwan, and India are driving the growth of this region.
The respiratory care devices market is fragmented with the presence of several large and small market players. Major players in the global market are Philips Healthcare (Netherlands), ResMed, Inc. (U.S.), Covidien plc (Ireland), Masimo Corporation (U.S.), Fisher and Paykel Healthcare Limited (New Zealand), CareFusion Corporation (U.S.), Invacare Corporation (U.S.), and Chart Industries, Inc. (U.S.).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Global Respiratory Care Devices Market, By Product
7 Global Respiratory Care Devices Market, By End User
8 Global Respiratory Care Devices Market, By Region
9 Competitive Landscape
10 Company Profiles
- Carefusion Corporation
- Chart Industries, Inc.
- Covidien PLC
- Dräger Medical GmbH
- Fisher & Paykel Healthcare Limited
- Hamilton Medical AG
- Invacare Corporation
- Masimo Corporation
- Philips Healthcare
- Resmed, Inc.
For more information visit http://www.researchandmarkets.com/research/29hwjp/respiratory_care