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The European respiratory device market was valued at around $5.8 billion in 2018 and is estimated to grow at a CAGR of around 5.8% during the forecast period. Major countries that contribute to the regional respiratory device market include UK, Germany, France, Italy, and Spain.
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Orion Market Research European Respiratory Device Market Size, Industry Trends, Leading Players, Share and Forecast 2019-2025 For free sample request visit: https://www.omrglobal.com/request- sample/european-respiratory-device-market Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 780-304-0404
European respiratory device market was valued at around $5.8 billion in 2018 and is estimated to grow at a CAGR of around 5.8% during the forecast period. Major countries that contribute to the regional respiratory device market include UK, Germany, France, Italy, and Spain. The rising prevalence of chronic respiratory diseases, increasing geriatric population, and technological advancement are the major factors that augmenting the growth of respiratory device market in Europe. The increasing demand from chronic obstructive pulmonary disease (COPD), Sleep Apnea and asthma patients in the major economies of the region is favoring the growth of the regional market. Request a Free Sample of our Report on European Respiratory Device Market: https://www.omrglobal.com/request-sample/european-respiratory-device-market The European respiratory device market is segmented on the basis of product and end-user. The respiratory product segment is further sub-segmented into therapeutic devices, diagnosis and monitoring devices, and consumables and accessories. The therapeutic devices segment is estimated to dominate the regional market and is also anticipated to grow at the fastest growth rate over the forecast period. The high cost of therapeutics device and significant demand for continuous positive airway pressure (CPAP) devices and masks, ventilator, oxygen concentrator, and oxygen hoods contribute majorly to the segmental growth of the market for therapeutic devices. Based on end-user, the market is analyzed into hospitals and clinics, and home care. Additionally, the market is characterized by the presence of several players that are providing respiratory devices within and outside the region. Some of the key players of the market include ResMed Corp., Chiesi Farmaceutici S.P.A., GlaxoSmithKline PLC, 3M Co., Novartis AG, Teicos Pharma Ltd., and others. The market players are adopting the strategy of merger & acquisition, product launch and expansion of their manufacturing facilities to increase their market share. For instance, in September 2017, Chiesi Farmaceutici completed the clinical study of Tribute with its Trimbow an extra-fine fixed-dose triple combination inhaler. The organization also got the marketing authorization for
Trimbow from the European Commission. In November 2016, the company acquired Atopix therapeutics limited, the transaction aimed to develop novel treatments for asthma and strengthen the company’s asthma portfolio. A Full Report of European Respiratory Device Market is Available athttps://www.omrglobal.com/industry- reports/european-respiratory-device-market European Respiratory Device Market Segmentation By Product Therapeutic Devices Diagnostic and Monitoring Devices Consumable and Accessories By End-User Homecare Hospitals and Clinics Regional Analysis UK Germany France Italy Spain Rest of Europe Company Profiles 3M Co. Acorda Therapeutics, Inc.
Adamis Pharmaceuticals Corp. Adherium Ltd. Air Liquide S.A. AstraZeneca PLC Bespak Boehringer Ingelheim International GmbH Chiesi Farmaceutici S.P.A. Gilbert Technologies B.V. Hamilton Medical AG Koninklijke Philips N.V. Medtronic PLC For More Customized Data, Request for Report Customization @https://www.omrglobal.com/report- customization/european-respiratory-device-market About us: Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. For More Information, Visit https://www.omrglobal.com/ Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 780-304-0404