DUBLIN--(BUSINESS WIRE)--The "USA Respiratory Devices Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
The rise in the number of chronic obstructive pulmonary disease patients (COPD), TB, asthma, and pneumonia cases remains the major driver of the industry. Chronic respiratory diseases are chronic diseases that affect the airways and other parts of the lungs. Respiratory symptoms are among the major causes of consultation with doctors and physicians in primary health care centers. Some of the major preventable chronic respiratory disorders are asthma, chronic obstructive pulmonary disease (COPD), allergic rhinitis, sleep apnea, and tuberculosis (principally, multi-drug resistant tuberculosis). Asthma is a chronic inflammation of the lung airways that causes coughing, chest tightness, wheezing or shortness of breath. It is considered as one of the key indicator for the market, which affects children, adults, and elderly people. According to Centers for Disease Control and Prevention (CDC), in 2018, there were around 19.2 million adults, who suffered from asthma in the United States. Thus, with these factors, the adoption rate and demand for respiratory diseases are expected to grow substantially, over the forecast period.
Key Market Trends
Spirometers Segment is Expected to Show Better Growth in the Forecast Years
Based on diagnostic and monitoring devices segment, the market is categorized into spirometers, sleep test devices, peak flow meters, pulse oximeters, capnographs and others. The major factor attributing to the growth of spirometers segment is the increasing burden of respiratory disorders, such as asthma, bronchitis, and COPD across the country. The wide application of spirometers makes it easier for the patient to use this device and is thus, increasingly adopted in hospitals and home care setting. Furthermore, the significant advancements in the field of spirometry include the development of small portable spirometers and the increasing accuracy and acceptability, which is expected to fuel the market growth over the forecast period.
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Key Topics Covered:
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Prevalence of Respiratory Disorders
4.2.2 Technological Advancements
4.2.3 Increasing Application in Homecare Setting
4.3 Market Restraints
4.3.1 High Cost of Respiratory Device
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Type
5.1.1 By Diagnostic and Monitoring Devices
18.104.22.168 Sleep Test Devices
22.214.171.124 Peak Flow Meters
126.96.36.199 Pulse Oximeters
188.8.131.52 Other Diagnostic and Monitoring Devices
5.1.2 By Therapeutic Devices
184.108.40.206 CPAP Devices
220.127.116.11 BiPAP Devices
18.104.22.168 Oxygen Concentrators
22.214.171.124 Other Therapeutic Devices
5.1.3 By Disposables
126.96.36.199 Breathing Circuits
188.8.131.52 Other Disposables
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Chart Industries Inc.
6.1.2 Dragerwerk AG
6.1.3 Drive Devilbiss International
6.1.4 Fisher & Paykel Healthcare Limited
6.1.5 GE Healthcare
6.1.6 GlaxoSmithKline PLC
6.1.7 Invacare Corporation
6.1.8 Koninklijke Philips NV
6.1.9 Medtronic PLC
6.1.10 ResMed Inc.
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
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