Respiratory Devices Market Market -Size, Share, Outlook, and Opportunity Analysis, 2018–2026

1. Respiratory Devices Market Market -Size, Share, Outlook, and Opportunity Analysis, 2018–2026 Respiratory Devices Market, by Product Type (Therapeutic Devices, Diagnostic Devices, Monitoring Devices and Consumables, and Accessories), by Age Group (Neonatal/ Pediatric and Adults), by Application (COPD, Sleep Apnea, Asthma, and Others), by End User (Hospitals, Clinics, Home Care Settings, and Ambulatory Care Settings) and by Region - Global Trends and forecast till 2025 Respiratory Devices Market Respiratory devices or equipment are commonly used in the medical settings as per the medical condition. Ventilators are the most common tools, which are commonly used in emergency medicine and long-term critical care. In addition to the therapeutic respiratory devices, the diagnostic and monitoring devices minimize hospitalizations, thereby lowering the cost associated with medical settings. Download PDF Brochure of Market Research Report: https://www.coherentmarketinsights.com/insight/request-pdf/1299 Market Dynamics The major factor driving growth of the respiratory devices market include INCREASING prevalence of respiratory diseases such as COPD and asthma, increasing respiratory disease with rise in pollution level and rising geriatric population. According to the study by Global Burden of Disease, 2016, an estimated around 251 million cases of COPD were reported worldwide. According to the World Health Organization (WHO), 2015, an estimated 3.17 million deaths were caused by the disease accounting for 5% of all deaths. However, lack of awareness regarding the diseases harmful effects of certain respiratory care devices on neonates are the factors restraining respiratory devices market growth. Request Customization: https://www.coherentmarketinsights.com/insight/request-customization/1299

2. Increasing admissions of critical care patients in Intensive Care Units (ICU) is expected to fuel the market growth Increasing prevalence of chronic respiratory diseases such as asthma, chronic pulmonary lung disease, pulmonary hypertension, and occupational lung disease are the major factors augmenting growth of the respiratory devices market, owing to the pronounced need of therapeutic respiratory devices in the medical as well as in the homecare settings. According to the World Health Organization (WHO), in 2017, asthma is a major non communicable disease with an estimated 235 million people suffering from the condition. According to the American Academy of Allergy Asthma and Immunology, 2015, an estimated number of people suffering from asthma is expected to increase by more than 100 million by 2025. North America is expected to dominate the respiratory devices market. Market Players Koninklijke Philips N.V., 3M, AstraZeneca Plc., GE Healthcare, GlaxoSmithKline Plc., Medtronic, Becton, Dickinson and Company, Invacare Corporation, ResMed, Inc., and CareFusion Corporation About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action- ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: sales@coherentmarketinsights.com .