$23.5 Billion Respiratory Devices Market - Global Forecast to 2026 - ResearchAndMarkets.com

DUBLIN--()--The "Respiratory Devices Global Market - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.

The respiratory care devices' global market is expected to grow at a high single-digit CAGR from 2019 to 2026 to reach $23,510.9 million by 2026.

Respiratory care devices products market is segmented as diagnostic, therapeutic, monitoring devices, and consumables. The therapeutic devices market commanded the largest share in 2019, and the market is expected to grow at a strong single-digit CAGR from 2019 to 2026.

The Respiratory care device is one of the parts of the medical device which is used for diagnosis, treatment and monitoring purpose. The respiratory care device's global market is segmented based on the products, applications, end-users, and geography. Globally respiratory care devices market is showing rapid growth and also in coming years continuing to evolve in the field of research, development, and manufacturing due to its wide range of driving factors such as the increase in the incidence of respiratory diseases, rising use of non-invasive respiratory care devices and growing demand for homecare respiratory devices.

The therapeutic device product market is segmented into humidifiers, nebulizers, oxygen concentrators, PAP devices, resuscitators, ventilators, inhalers, and others. According to the author's analysis, among the therapeutic devices segment, ventilators commanded the largest revenue in 2019, the market is expected to grow at a mid-single-digit CAGR from 2019 to 2026. The PAP devices are expected to grow at a strong double-digit CAGR from 2019 to 2026. The monitoring devices market is expected to grow at a mid-single-digit CAGR from 2019 to 2026.

The monitoring devices are segmented into pulse oximeter, capnographs and gas analyzers. The pulse oximeters commanded the largest revenue in 2019 and the capnographs are expected to grow at a strong single-digit CAGR from 2019 to 2026. The diagnostic devices are expected to grow at a mid-single-digit CAGR from 2019 to 2026. The diagnostic devices are segmented into spirometers, peak flow meters and polysomnographs, among these, spirometers commanded the largest share in 2019, peak flow meters are expected to grow at a single-digit CAGR from 2019 to 2026. The consumables market is expected to grow at a single-digit CAGR from 2019 to 2026. The consumables are segmented based on product into masks, nasal cannula, tracheostomy devices, and others. Mask commanded the largest revenue is expected to grow at a high single-digit CAGR from 2019 to 2026.

The respiratory care devices market based on application is segmented into obstructive, restrictive, vascular, infectious and other respiratory conditions. Among applications, obstructive respiratory conditions commanded the largest revenue in 2019. The market is expected to grow at a high single-digit CAGR from 2019 to 2026. The obstructive respiratory conditions are further segmented into COPD (chronic bronchitis and emphysema), asthma, cystic fibrosis, and obstructive sleep apnea, the COPD commanded the largest share of the market in 2019 and is expected to grow at a high single-digit CAGR from 2019 to 2026.

Market Dynamics

Drivers and Opportunities

  • Rising Incidences of Respiratory Diseases Due to Urbanization and Air Pollution
  • Increasing Tobacco Usage
  • Rising Use of Non-Invasive Respiratory Care Devices
  • Growing Demand for Home Care Respiratory Devices
  • Advancements of Technology
  • A Huge Pool of Undiagnosed Patients
  • Favorable Reimbursement Scenario

Restraints and Threats

  • Product Recalls
  • Harmful Effects of Certain Devices On Neonates
  • Availability of Low-Cost Products From Local Manufacturers
  • Stringent Regulatory Policies
  • Lack of Awareness of The Disease

Major Companies

  • Dragerwerk Ag & Co. Kgaa
  • Fisher and Paykel Healthcare Corporation Limited
  • Ge Healthcare
  • Getinge Groups (Maquet Gmbh & Co. Kg)
  • Inogen, Inc.
  • Masimo Corporation
  • Medtronic, Plc
  • Philips N.V.
  • Resmed Inc.
  • Vyaire Medical, Inc

Companies Mentioned

  • 3B Medical Inc.
  • Acare Technology Co., Ltd.
  • Aerobit Health Ltd.
  • Air Liquide Medical Systems Sa
  • Airon Corporation
  • Albedo Medical Devices Co.,Ltd.
  • Alpha Trace Medical Systems
  • Ambu A/S
  • Apex Medical Corp
  • Avanos Medical (Halyard Health)
  • Besco Medical Co.Ltd.
  • Besmed Health Business Corp.
  • Bio-Med Devices, Inc.
  • Bird Healthcare
  • Bpl Medical Technologies
  • Bunnell Inc.
  • Caire Inc.
  • Carl Reiner Gmbh
  • Choicemmed (Beijing Choice Electronic Technology Co., Ltd)
  • Cidelec
  • Circassia (Ait Therapeutics, Inc.)
  • Cleveland Medical Devices Inc.
  • Compumedics
  • Contec Medical Systems Co., Ltd
  • Convexity Scientific Inc.,
  • Cosmed Srl
  • Curative Medical Inc,
  • Deas S.R.L.
  • Deymed Diagnostic S.R.O
  • Diamedica Limited
  • Dr. Burton Healthcare Llc
  • Drive Medical (Devilbiss Healthcare)
  • Drgerwerk Ag & Co. Kgaa
  • E-Breathe Safety
  • Fanem Ltda
  • Fisher And Paykel Healthcare
  • Flexicare Medical Limited
  • Flight-Medical Innovations Ltd.
  • Foremount Enterprise Co., Ltd
  • Galemed Corporation
  • Gas Control Equipments Ltd (GCE Healthcare)
  • Ge Healthcare
  • Geratherm Respiratory Gmbh
  • Getinge Groups (Maquet Gmbh & Co.Kg)
  • Gf (Graham Field) Health Products, Inc
  • Hamilton Medical Ag
  • Hans Rudolph, Inc
  • Hayek Industries Inc
  • Hillrom (Breathe Technologies, Inc.)
  • Hum Gesellschaft Fur Homecare Und Medizintechnik Gmbh
  • Huntleigh Healthcare Limited
  • Iconovo
  • Inogen Inc.,
  • Inspiration Healthcare Group Plc
  • Inspired Medical
  • Intersurgical Ltd
  • Jiangsu Yuyue Medical Equipment & Supply Co., Ltd.
  • Kare Medical And Analytical Devices Ltd. Co.
  • Lowenstein Medical
  • Mabis Dmi Healthcare
  • Masimo Corporation
  • Medical Developments International Uk Limited
  • Medical Econet Gmbh
  • Medipines Corporation
  • Medtronic, Plc
  • Mek-Ics Co Ltd
  • Merxin Ltd
  • Metran Co., Ltd
  • Mgc Diagnostics
  • Microbase Technology Corporation
  • Monaghan Medical Corporation
  • NDD Medical Technologies
  • Nihon Kohden Corporation
  • Nonin Medical Inc
  • Novo Klinik-Service Gmbh (Innocath)
  • Nox Medical
  • Nu-Med
  • O-Two Medical Technologies Inc.
  • O2 Concepts. Llc
  • Omron Healthcare
  • Oxitone Medical Ltd
  • Pari Respiratory
  • Parker Medical Technologies
  • Philips N.V.
  • Precision Medical, Inc.
  • Qingdao Future Medical Technology Co. Ltd.
  • Resmed, Inc
  • Salter Labs, Inc.
  • Schiller Ag
  • Servona Gmbh
  • Shenyang Canta Medical Tech. Co., Ltd.
  • Shenzhen Dymind Biotechnology Co., Ltd.
  • Shenzhen Homed Medical Device Co.Ltd.
  • Sibelmed
  • Smiths Group Plc
  • Somnetics International, Inc.
  • Somnomedics Gmbh
  • Southmedic Inc.
  • Sunset Healthcare Solutions Inc.
  • Sysmed & Co., Ltd.
  • Tecme S.A.
  • Teleflex Incorporated
  • Timpel Medical Inc.
  • Trudell Medical
  • Vapotherm Inc.
  • Vitalograph, Inc.
  • Vyaire Medical Inc.
  • Westmed, Inc.
  • Wilamed Gmbh
  • Zoll Medical Corporation

For more information about this report visit https://www.researchandmarkets.com/r/cbjhc0

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900