DUBLIN--(BUSINESS WIRE)--The "Respiratory Care Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The global respiratory care devices market reached a value of around US$ 19.1 Billion in 2018. Looking forward, the market is projected to reach a value of US$ 28.6 Billion by 2024, exhibiting a CAGR of around 7 % during 2019-2024.
The increasing prevalence of respiratory diseases, such as chronic obstructive pulmonary disease (COPD), asthma and tuberculosis, represent as the key factors driving the growth of the market. Sedentary lifestyles and stressful routines, in confluence with the growing number of smokers and rate of alcohol consumption, have resulted in rising incidences of lung cancer and other severe respiratory conditions.
Also, the increasing number of premature births, along with the growing geriatric population are also impacting the demand for respiratory care devices. Both premature newborns and elderly tend to have weak immune systems and require various breathing support devices for facilitating artificial breathing and preventing respiratory disorders, including newborn respiratory distress syndrome (RDS).
Other factors, such as the increasing healthcare expenditure and the development of miniature devices are projected to drive the market further. Significant efforts by both the government and non-governmental organizations (NGO) to make quality healthcare facilities accessible to all, along with developing new and improving the existing healthcare infrastructure are also creating a positive outlook for the market.
The report has also analyzed the competitive landscape of the market with some of the key players being Philips Healthcare, ResMed, Chart Industries Inc., Hamilton Medical, Medtronic, Masimo, Drgerwerk, Invacare Corporation, Allied Healthcare Products Inc, 3B Medical Inc., Air Liquide, Fisher & Paykel Healthcare, GE Healthcare, Vyaire Medical Inc., Rotech Healthcare Inc., etc.
Key Questions Answered in This Report
- How has the global respiratory care devices market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global respiratory care devices industry?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the indication?
- What is the breakup of the market based on the end-user?
- What are the various stages in the value chain of the global respiratory care devices industry?
- What are the key driving factors and challenges in the global respiratory care devices industry?
- What is the structure of the global respiratory care devices industry and who are the key players?
- What is the degree of competition in the global respiratory care devices industry?
Key Topics Covered
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Respiratory Care Devices Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product
5.4 Market Breakup by Indication
5.5 Market Breakup by End-user
5.6 Market Breakup by Region
5.7 Market Forecast
6 Market Breakup by Product
6.1 Therapeutic Devices
6.2 Monitoring Devices
6.3 Diagnostic Devices
6.4 Consumables and Accessories
7 Market Breakup by Indication
7.1 Chronic Obstructive Pulmonary Disease (COPD)
7.3 Sleep Apnea
7.4 Infectious Disease
8 Market Breakup by End-user
8.2 Home Care Settings
8.3 Ambulatory Care Centers
9 Market Breakup by Region
9.1 North America
9.3 Asia Pacific
9.4 Middle East and Africa
9.5 Latin America
10 SWOT Analysis
11 Value Chain Analysis
12 Porter's Five Forces Analysis
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Philips Healthcare
13.3.3 Chart Industries Inc.
13.3.4 Hamilton Medical
13.3.8 Invacare Corporation
13.3.9 Allied Healthcare Products Inc.
13.3.10 3B Medical Inc.
13.3.11 Air Liquide
13.3.12 Fisher & Paykel Healthcare
13.3.13 GE Healthcare
13.3.14 Vyaire Medical Inc.
13.3.15 Rotech Healthcare Inc.
For more information about this report visit https://www.researchandmarkets.com/r/j3m3p2