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Respiratory Care Devices Market Expected to Reach $21,300 Million by 2022

The consumables and accessories segment is projected to grow at the fastest rate during the forecast period. North America held a dominant position in the regional landscape in 2015, occupying a share of nearly half of the total market. In 2015, the therapeutics segment accounted for a share of the more than half of the total respiratory care devices market. The monitoring and diagnostic devices segment collectively accounted for a share of one sixth of the global respiratory care devices market in 2015.<br><br><br>

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Respiratory Care Devices Market Expected to Reach $21,300 Million by 2022

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  1. Opportunity Analysis and Industry Forecast, 2016-2023 Respiratory Care Devices Market Worldwide: Latest Industry Trends, Demand, Future prospects by 2022 Global Opportunity Analysis and Industry Forecast, 2014-2022

  2. Respiratory Care Devices Market “The use of respiratory care devices is expected to increase in the near future, owing to the spiraling rise in prevalence of chronic respiratory diseases, such as COPD and asthma. North America dominates the global respiratory care devices market, and is expected to maintain its lead throughout the forecast period, owing to the high adoption rate of respiratory devices”  

  3. Respiratory Care Devices Market Overview Respiratory Care Devices Market Report, published by Allied Market Research, suggests that the global respiratory care devices market was valued at $12,890 million in 2015, and is projected to reach $21,300 million by 2022, registering a CAGR of 7.4% from 2016 to 2022.The therapeutic segment dominated the global market, accounting for more than half of the total market share in 2015. Access Full Summary at: https://www.alliedmarketresearch.com/respiratory-care-devices-market Respiratory care is a healthcare specialty, which is focused on improving cardiopulmonary functions and promoting health & wellness. These devices are majorly classified into therapeutic, diagnostic & monitoring devices, and consumables & accessories. 

  4. Respiratory Care Devices Market Segment Review • According to the AMR analysis, the pulse oximetry market is expected to grow at steady rate throughout the forecast period. • Smart pulse oximeters devices have gained popularity as compared to other respiratory care devices in the recent years. It has become a vital tool for clinicians for continuous monitoring of a patient’s arterial oxygen saturation (SaO2) by calculating an estimate of the SaO2 (known as the SpO2) using an algorithm, and displaying the readout. • Several companies have focused on developing cost-effective pulse oximeters to sustain the intense competition in the emerging and price-competitive markets. • Advancements in this sector is expected to drive the respiratory care monitoring devices market.

  5. Key Players of Respiratory Care Devices Market • Koninklijke Philips N.V. • Hamilton Medical AG • Fisher & Paykel Healthcare Limited • ResMed, Inc. • Invacare Corporation • Chart Industries Inc. • Dräger Safety AG & Co. KGaA • Becton 

  6. Key Benefits of Respiratory Care Devices Market • The study provides an in-depth analysis of the global respiratory care devices market along with the current trends and future estimations to elucidate the imminent investment pockets. • The report provides quantitative analyses of the industry for the period of 2014‐2022 to enable stakeholders to capitalize on the prevailing market opportunities. • Extensive analysis of the global respiratory care devices market helps in understanding the adoption of respiratory devices for therapeutic, monitoring, and diagnostic applications. • Competitive intelligence highlights the business practices followed by leading market players across various geographies.

  7. Respiratory Care Devices Market North America Europe Asia-Pacific LAMEA

  8. Respiratory Care Devices Market Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/request-sample/1908 Follow Us On

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