Global Respiratory Care Devices Market Bwc19312

Global Respiratory Care Devices Market Bwc19312

Global Respiratory Care Devices Market by Product (Therapeutic (Ventilator, Mask, Pap Device, Inhaler, Nebulizer), Monitoring (Pulse Oximeter, Capnograph), Diagnostic, Consumables), End User (Hospital, Home Care), Indication (COPD, Asthma, And Chronic Infectious Diseases), By Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America); Trend Analysis, Competitive Market Share & Forecast, 2015-2025

  • Published Date: October 2019
  • Report ID: BWC19312
  • Available Format: PDF
  • Page: 125

Report Overview

Global Respiratory Care Devices Market: Overview

Respiratory Care Devices Market reached to US$ 18,714 million in 2018, anticipated to propel to US$27,063 million by 2025 with a significant CAGR of over 8% in the forecast period of 2019-2025. Respiratory treatment is a medicinal strength concentrated on the treatment, demonstrative assessment, control, and care of patients with lacks of the cardiopulmonary framework. The device used for the treatment, control, management, and prevention of cardiopulmonary disorder is known as respiratory care devices. These devices are utilized in degenerative lung infections, for example, emphysema and bronchitis, asthma, and intense and chronic respiratory illnesses.

Global Respiratory Care Devices Market Forecast and Trends

The Respiratory Care Devices market anticipated reaching significant growth, with a considerable CAGR of 8.7%. Factors such as rising urbanization, the prevalence rate of respiratory diseases, and an increasing number of aged population coupled with a high patient base of chronic disorders are contributing to increasing demand for respiratory care devices in the global market during the forecast period of 2019-2025. Technological advancement in the healthcare sector, coupled with increasing healthcare expenditure anticipated to dominate the global market in the upcoming years. The rising demand for homecare setting services for point-of-care therapeutic devices and rising affordability of easy to use respiratory care devices equipped with the latest technology expected to propel the global respiratory care devices market in the upcoming years with a significant growth rate.

Growth Drivers

The rising prevalence rate of geriatric population & change in lifestyle

Growing urbanization, changing lifestyles, and food habits, coupled with an increasing number of geriatric population is the key factor anticipated to propel the growth of the global respiratory care device market. The rising rate of the geriatric population expected to rise the demand for homecare –setting facilities in the market. The changing food habits such as the preference of junk food over healthy food leads to several chronic and other therapeutic disorders and expected to contribute to the global market during the forecast period of 2019-2025.

Increasing pollution rate coupled with tobacco consumption

Deforestation, CO2 emission, etc. are the key factors responsible for environmental pollution, which is directly linked to rising the demand of smart pulse oximeters in the respiratory care device market for the estimation of SaO2 using an algorithm, and displaying the readout. Rising disposable income coupled with smoking habits responsible for deformities in the chest wall and thoracic spine, impair the functioning of the respiratory system and lead to complications in breathing developing the demand of respiratory care device in-home care setting and expected to follow the same trend in the upcoming years.


Availability of low-cost product and unfavorable reimbursement scenario

The presence of unorganized players in the global respiratory care devices market promotes a low-cost product, which anticipated as the key reason to hamper the growth in the forecast period. Unfavorable reimbursement policies expected to become the restrain to avail high-cost respiratory care devices in the market during the forecast period of 2019-2025. The side effects linked with the low-cost product in the case of neonatal are one of the factors expected to hamper the market growth in upcoming years.

Global Respiratory Care Devices Market: Product

Based on the product, the global respiratory care devices market segmented into therapeutic devices, monitoring devices, diagnostic devices, and consumables & accessories. In session 2019, the therapeutic segment amidst all respiratory care device category anticipated dominating the global market due to the rising incidence of chronic diseases and the growing geriatric population. Consumable & accessories are also contributing to the market growth with the increasing availability of reimbursement coverage for PAP device coupled with an expanding population of geriatric and chronic diseases. Monitoring devices expected to share the market share majorly followed by other segment populations upcoming years with the commendable growth rate.

Global Respiratory Care Devices Market: Indication

On the basis of indication, the global respiratory care devices market segmented into asthma, sleep apnea, COPD (chronic obstructive pulmonary diseases), and other infectious diseases. Rising disposable income, changing lifestyle patterns, and food habits are the key factor for rising chronic disorder burden in the global market. COPD indication is expected to drive the global respiratory care device market during the forecast period of 2019-2025 with a significant growth rate.

Global Respiratory Care Devices Market: Facility

On the basis of the facility, the global respiratory care devices market is segmented into home care settings, hospitals & clinics, and others. The hospital segment shares a significant share amidst facility segment due to increasing healthcare expenditure by government authorities to purchase devices high in value coupled with trained professional staff for device operation. The market is anticipated to dominate by homecare setting, followed by hospitals to eliminate the hospital visit to save patient time and money. The rising affordability and convenience are the key factor expected to propel the growth during the forecast period of 2019-2025.

Global Respiratory Care Devices Market: Regional Insights

Based on Region analysis, North America is expected to hold the largest share in the respiratory care devices the market due to the rising burden of COPD and asthma patient base, rising government initiatives, healthcare expenditure, and preference shift toward adoption of respiratory care devices in the region. Followed by North America, Europe is expected to share major market share contributions with factors such as initiatives for strengthening healthcare infrastructure, increasing tobacco consumption, etc. Emerging countries such as China, India with high accessibility of health services, policy and reforms, patient population base and medical tourism will favor the adoption of respiratory care devices in the forecast period of 2019-2025.

The Objective of the Study:

·         To analyze and forecast the global respiratory care devices market size of the market, in terms of value.

·         To examine the careful market segmentation and forecast the market size, in terms value, based on the region by segmenting the global respiratory care devices market into five regions, namely, North America, Europe, Asia Pacific, Middle East & Africa, Latin America and their leading countries.

·         To outline, categorized and forecast the global respiratory care devices market based on the product type, application and end user.

·         To examine competitive developments like technological advancement, services, and regulative framework within the global respiratory care devices market.

·         To highlight the impact analysis of the factors, affecting the market dynamics such as drivers, restraints, opportunities, and challenges.

•         To strategically profile the key players and comprehensively analyze their market shares along with detailing the competitive landscape for market leaders.

Scope of the Report

By Product

·         Therapeutic Devices

o    PAP Devices

§  Continuous Positive Airway Pressure (CPAP) Devices

§  Automatic PAP (APAP) Device

§  Bi-Level PAP (BPAP) Devices

o    Ventilators

§  ICU Ventilators

§  High-end ICU Ventilators

§  Mid-end ICU ventilators

§  Basic ICU Ventilators

§  Portable/Transportable Ventilators

o    Nebulizers

o    Humidifiers

§  Heated Humidifiers

§  Passover Humidifiers

o    Oxygen Concentrators

§  Fixed Oxygen Concentrators

§  Portable Oxygen Concentrators

o    Inhalers

§  Metered Dose Inhalers (MDIs)

§  Dry Powder Inhalers (DPIs)

o    Reusable Resuscitators

§  Adult Resuscitators

§  Infant/Neonatal Resuscitators

o    Nitric Oxide Delivery Units

o    Oxygen Hoods

·         Monitoring Devices

o    Pulse Oximeters

§  Pulse oximeter sensors

§  Pulse Oximeter equipment

o    Capnographs

o    Gas Analyzers

·         Diagnostic Devices

o    Spirometers

o    Polysomnography Devices

o    Peak Flow Meters

o    Other Diagnostic Devices

·         Consumables and Accessories

o    Masks

§  Reusable Masks

§  Nasal Masks

§  Full-face Masks

§  Nasal pillow masks

§  Oral Masks

§  Disposable Mask

o    Disposable Resuscitators

o    Breathing Circuits

o    Tracheostomy Tubes

o    Nasal Cannulas

o    Other Consumables and Accessories

By Indication

·         Chronic Obstructive Pulmonary Disease (COPD)

·         Asthma

·         Sleep Apnea

·         Infectious Disease

·         Others (lung cancer, tuberculosis, and idiopathic pulmonary fibrosis etc.)

By End User

·         Home Care Setting

·         Hospitals & Clinics

·         Ambulatory Care Center

By Region:

•         North America

•         Europe

•         Asia Pacific

•         Latin America

•         Middle East & Africa

Competitive Landscape

·         Philips Healthcare

·         Resmed, Inc.

·         Medtronic PLC

·         Masimo Corporation

·         Fisher and Paykel Healthcare Co., Ltd.

·         Getinge AB

·         Air Liquide

·         Drägerwerk AG & Co. KGaA

·         Hamilton Medical AG

·         Invacare Corporation

·         Other Prominent Player

Business Questions Answer by The Report

•         How will the market drivers, restraints and opportunities affect the market dynamics?

•         What will be the market size in terms of value and volume and market statistics with a detailed classification?

•         Which segment dominates the market or region and one will be the fastest growing and why?

•         A comprehensive survey of the competitive landscape and the market participant players.

•         Analysis of strategy adopted by the key player and their impact on other players.

Customization Scope for The Client

Client satisfaction is our first and last priority and that’s why BlueWeave Consulting offers customization according to company’s specific needs. The following customization options are available for the report:

Additional Company Information

·         With five additional company detail analysis

·         Additional country analysis

·         Detailed segment analysis

1.    Research Framework

1.1. Research Objective

1.2. Product Overview

1.3. Market Segmentation

2.    Research Methodology

2.1. Qualitative Research

2.1.1.   Primary & Secondary Sources

2.2. Quantitative Research

2.2.1.   Primary & Secondary Sources

2.3. Breakdown of Primary Research Respondents, By Region

2.3.1.   Secondary Research

2.3.2.   Primary Research

2.4. Breakdown of Primary Research Respondents, By Industry Participants

2.5. Market Size Estimation

2.6. Assumption for the Study

2.7. Market Breakdown & Data Triangulation

3.    Executive Summary

4.    Global Respiratory Care Devices Market - Industry Insights

4.1. Value Chain Analysis

4.2. DROC Analysis

4.2.1.   Growth Drivers

4.2.2.   Restraints

4.2.3.   Opportunities

4.2.4.   Challenges

4.3. Technological Landscape

4.4. Regulatory Framework

4.5. Company Market Share Analysis,2018

4.6. Porter’s Five Forces Analysis

4.7. Pest Analysis

4.8. Strategic Outlook

5.    Global Respiratory Care Devices Market Overview

5.1. Market Size & Forecast

5.1.1.   By Value (USD Million)

5.2. Market Share & Forecast, 2015 – 2025

5.2.1.   By Product       Therapeutic Devices           PAP Devices              Continuous Positive Airway Pressure (CPAP) Devices              Automatic PAP (APAP) Device              Bi-Level PAP (BPAP) Devices           Ventilators              ICU Ventilators (High-end, Mid-end and Basic)              Portable/Transportable Ventilators           Nebulizers           Humidifiers              Heated Humidifiers              Passover Humidifiers           Oxygen Concentrators              Fixed Oxygen Concentrators              Portable Oxygen Concentrators           Inhalers              Metered Dose Inhalers (MDIs)              Dry Powder Inhalers (DPIs)           Reusable Resuscitators              Adult Resuscitators              Infant/Neonatal Resuscitators           Nitric Oxide Delivery Units           Oxygen Hoods       Monitoring Devices           Pulse Oximeters              Pulse oximeter sensors              Pulse Oximeter equipment           Capnographs           Gas Analyzers       Diagnostic Devices           Spirometers           Polysomnography Devices           Peak Flow Meters           Other Diagnostic Devices       Consumables and Accessories           Masks              Reusable Masks (nasal, Full-Face, Nasal Pillow, Oral Mask)              Disposable Mask           Disposable Resuscitators           Breathing Circuits           Tracheostomy Tubes           Nasal Cannulas

5.2.2.   By Indication       Chronic Obstructive Pulmonary Disease (COPD)       Asthma       Sleep Apnea       Infectious Disease       Others (lung cancer, tuberculosis, and idiopathic pulmonary fibrosis etc.)

5.2.3.   By End User       Home Care Setting       Hospitals & Clinics       Ambulatory Care Center

5.2.4.   By Region       North America       Europe       Asia-Pacific       Latin America       Middle East and Africa

6.    North America Respiratory Care Devices Market

6.1. Market Estimates & Forecast, 2015 - 2025

6.1.1.   By Product

6.1.2.   By Indication

6.1.3.   By End User

6.1.4.   By Country       US       Canada

7.    Europe Respiratory Care Devices Market

7.1. Market Estimates & Forecast, 2015 - 2025

7.1.1.   By Product

7.1.2.   By Indication

7.1.3.   By End User

7.1.4.   By Country       UK       Germany       France       Russia       Spain

8.    Asia-Pacific Respiratory Care Devices Market

8.1. Market Estimates & Forecast, 2015 - 2025

8.1.1.   By Product

8.1.2.   By Indication

8.1.3.   By End User

8.1.4.   By Country       China       India       Japan       South Korea

9.    Latin America Respiratory Care Devices Market

9.1. Market Estimates & Forecast, 2015 - 2025

9.1.1.   By Product

9.1.2.   By Indication

9.1.3.   By End User

9.1.4.   By Country       Brazil       Mexico

10. Middle East & Africa Respiratory Care Devices Market

10.1.             Market Estimates & Forecast, 2015 - 2025

10.1.1. By Product

10.1.2. By Indication

10.1.3. By End User

10.1.4. By Country    Saudi Arabia    UAE    South Africa

11. Company Profiles (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *

11.1.             Philips Healthcare

11.2.             Resmed, Inc.

11.3.             Medtronic PLC

11.4.             Masimo Corporation

11.5.             Fisher and Paykel Healthcare Co., Ltd.

11.6.             Getinge AB

11.7.             Air Liquide

11.8.             Drägerwerk AG & Co. KGaA

11.9.             Hamilton Medical AG

11.10.          Invacare Corporation

11.11.          Other Prominent Player

12. Strategic Recommendation

*Financial Details Not Be Captured in Case of Unlisted Companies

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable.

Market Segmentation

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