(MENAFN- America News Hour) In a recent published report, Kenneth Research has updated the market report for Respiratory Care Devices Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Respiratory Care Devices Market products.
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Kenneth Research has recently added a report titled Respiratory Care Devices Market in its storehouse of market research reports. The report provides a detailed insight into the market scenario on the basis of the market size and volume for the forecast period, i.e., 2021 2030. Factors such as the growing advancements in the development of novel drugs, coupled with the growing health infrastructure in several nations worldwide are anticipated to drive the growth of the market in the coming years. Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth.
According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018. Moreover, growing concern for deaths caused due to various diseases and the need for treatment that can lower the crude death rate, which in the year 2019 recorded close to 7% (per 1000 people), are also anticipated to drive the market growth during the forecast period.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Respiratory Care Devices Market. The report analyzes the Respiratory Care Devices Market By Product (Diagnostic Devices, Monitoring Devices, Therapeutic Devices, Consumables and Disposables), By Diagnostic Type (Spiro meters, Diffusion Systems, Others.), By Monitoring Type (Pulse Oximeter, Capnograph, Gas Analyzers), By Therapeutic Type (PAP Device, Nebulizers, Inhalers, Oxygen Concentrators and Humidifiers, Others), By Consumables and Disposable Type (Filters and Others), By Indication (COPD, Asthma, Sleep Apnea Infectious Disorders, Others) and By End Users (Hospitals, Home Care, Others). The Respiratory Care Devices has been analyzed By Region (North America, Europe, Asia Pacific, Rest of the World) and By Country (U.S., Canada, United Kingdom, Germany, India, China, Saudi Arabia and Brazil) for the historical period of 2014-2018 and the forecast period of 2019-2024.
According to Analytics research report“Global Respiratory Care Devices Market: Analysis By Product (Diagnostic Devices, Monitoring Devices, Therapeutic Devices, Consumables and Disposables), By Diagnostic Type (Spiro meters, Diffusion Systems, Others.), By Monitoring Type (Pulse Oximeter, Capnograph, Gas Analyzers), By Therapeutic Type (PAP Device, Nebulizers, Inhalers, Oxygen Concentrators and Humidifiers, Others), By Consumables and Disposable Type (Filters and Others), By Indication (COPD, Asthma, Sleep Apnea Infectious Disorders, Others) and By End Users (Hospitals, Home Care, Others), By Region, By Country (2019 Edition): Opportunities and Forecast (2014-2024) – By Region (North America, Europe, APAC, ROW), By Country (U.S., Canada, France, Germany, India, China, Saudi Arabia, Brazil)”, global market is projected to display a robust growth represented by a CAGR of 10.06% during 2019 – 2024.
The product segment of Therapeutic devices has been witnessing growth at a noteworthy rate over the past few years backed by increasing production of technical advance PAP devices, rising prevalence of COPD disorders as well as increasing healthcare expenditure. Amongst the regions, North America accounts for the largest regional share in the global respiratory care devices market in 2018. Key factors driving the robust growth rate of North America region include well developed healthcare infrastructure, favorable regulatory reforms, surging adoption of technical advance respiratory care devices as well as rising old age population.
The report titled“Global Respiratory Care Devices Market: Analysis By Product (Diagnostic Devices, Monitoring Devices, Therapeutic Devices, Consumables and Disposables), By Diagnostic Type (Spiro meters, Diffusion Systems, Others.), By Monitoring Type (Pulse Oximeter, Capnograph, Gas Analyzers), By Therapeutic Type (PAP Device, Nebulizers, Inhalers, Oxygen Concentrators and Humidifiers, Others), By Consumables and Disposable Type (Filters and Others), By Indication (COPD, Asthma, Sleep Apnea Infectious Disorders, Others) and By End Users (Hospitals, Home Care, Others),By Region, By Country (2019 Edition): Opportunities and Forecast (2014-2024) – By Region (North America, Europe, APAC, ROW), By Country (U.S., Canada, France, Germany, India, China, Saudi Arabia, Brazil)” has covered and analyzed the potential of Global Healthcare and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global respiratory care devices market. Additionally, the report also highlights market entry strategies for various companies across the globe.
Scope of the Report
Global Respiratory Care Devices Market (Actual Period: 2014-2018, Forecast Period: 2019-2024
Global Respiratory Care Devices Market – Size, Growth, Forecast
>>> By Product (Diagnostic Devices, Monitoring Devices, Therapeutic Devices, Consumables and Disposables)
>>> By Diagnostic Type (Spiro meters, Diffusion Systems, Others)
>>> By Monitoring Type (Pulse Oximeter, Capnograph, Gas Analyzers)
>>> By Therapeutic Type (PAP Device, Nebulizers, Inhalers, Oxygen Concentrators and Humidifiers, Others).
>>> By Consumables and Disposable Type (Filters and Others)
>>> By Indication (COPD, Asthma, Sleep Apnea Infectious Disorders, Others)
>>> By End Users (Hospitals, Home Care, Others)
Regional Markets – North America, Europe, APAC and Rest of the World (Actual Period: 2014-2018, Forecast Period: 2019-2024)
>>> Regional Respiratory Care Devices Market – Size, Growth, Forecast
>>> By Product (Diagnostic Devices, Monitoring Devices, Therapeutic Devices, Consumables and Disposables)
>>> By Indication (COPD, Asthma, Sleep Apnea Infectious Disorders, Others)
>>> By End Users (Hospitals, Home Care, Others)
Country Analysis – U.S., Canada, Germany, United Kingdom, India, China, Saudi Arabia, Brazil (Actual Period: 2014-2018, Forecast Period: 2019-2024)
>>> Respiratory Care Devices Market – Size and Growth
>>> By Indication (COPD, Asthma, Sleep Apnea Infectious Disorders, Others)
>>> By End Users (Hospitals, Home Care, Others)
Other Report Highlights
>>> Market Dynamics – Drivers and Restraints
>>> Market Trends
>>> Porter Five Force Analysis
>>> Policy and Regulatory Landscape
>>> Competitive Landscape
>>> Company Analysis – Philips Group, ResMed, Fisher & Paykel Healthcare, Hamilton Medical AG, Masimo Corporation, General Electric Healthcare, Invacare Corporation, Medtronic.
- Table of Contents
- 1. Research Methodology
2. Executive Summary
3. Strategic Recommendations
4. Respiratory Care Devices Market Overview
5. Global Respiratory Care Devices Market: Growth and Forecast
5.1 By Value (2014-2018)
5.2 By Value (2019-2024)
6. Global Respiratory Care Devices Market: By Product Type
6.1 Global Respiratory Care Devices Market-By Product Type: Breakdown(%)
6.1.1 Global Respiratory Care Devices Market Size and Share, By Technology , 2018
6.1.2 Global Respiratory Care Devices Market Size and Share, By Technology , 2024
6.2 Global Diagnostic Respiratory Care Devices Market Overview
6.2.1 By Value (2014-2024)
6.3 Global Monitoring Respiratory Care Devices Market Overview
6.3.1 By Value (2014-2024)
6.4 Global Therapeutic Respiratory Care Devices Market Overview
6.4.1 By Value (2014-2024)
6.5 Global Consumables and Disposables Respiratory Care Devices Market Overview
6.5.1 By Value (2014-2024)
7 Global Respiratory Care Devices Market: By Diagnostic Type
7.1 Global Respiratory Care Devices Market: By Diagnostic Type: Breakdown(%)
7.1.1 Global Respiratory Care Devices Market Size and Share, Market-By Diagnostic Type, 2018
7.1.2 Global Respiratory Care Devices Market Size and Share, Market-By Diagnostic Type,2024
7.2 Global Respiratory Care Devices Market: By Diagnostic Type, By Value
7.2.1 By Value (2014-2024)
8 Global Respiratory Care Devices Market: By Therapeutic Type
8.1 Global Respiratory Care Devices Market: By Therapeutic Type: Breakdown(%)
8.1.1 Global Respiratory Care Devices Market Size and Share, Market-By Therapeutic Type, 2018
8.1.2 Global Respiratory Care Devices Market Size and Share, Market-By Therapeutic Type, 2024
8.2 Global Respiratory Care Devices Market Size and Share, Market-By Therapeutic Type, By Value
8.2.1 By Value (2014-2024)
- 9 Global Respiratory Care Devices Market: By Monitoring Type
- 9.1 Global Respiratory Care Devices Market: By Monitoring Type: Breakdown(%)
- 9.1.1 Global Respiratory Care Devices Market Size and Share, Market-By Monitoring Type, 2018
- 9.1.2 Global Respiratory Care Devices Market Size and Share, Market-By Monitoring Type 2024
- 9.2 Global Respiratory Care Devices Market Size and Share, Market-By Monitoring Type, By Value
- 9.2.1 By Value (2014-2024)
- continue….
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report
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Darlene Dooley
Darlene Dooley is a research expert and freelance writer. She is very dedicated towards her work and writing. She enjoys to write on current news on any industry and conclude the news with highly professional report. She has almost 8 years of experience in the same field. She has strong professional skill in Market research, Business Strategies, online marketing, Industry analysis interested in innovative and trending technologies.
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