Respiratory Care Devices Market is expected to reach USD 29.9 billion by 2027 from USD 16.0 billion in 2019, at a CAGR of -12% during the forecast period of 2021 to 2027.
With the coronavirus outbreak worldwide, the demand for respiratory therapy devices is suddenly increasing. Therefore, the Respiratory Care Devices market grew at an annual average of 261.1% from 2019 to 2020. The market for respiratory care devices in 2020 reached 58.1 billion USD. The growth of this market is primarily due to the high prevalence of respiratory diseases, the growing aging population around the world, the high prevalence of smoking, increasing urbanization and pollution levels, increased preterm birth rates and lifestyle changes.
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A full report of Global Respiratory Care Devices Market is available at: https://www.orionmarketreports.com/respiratory-care-devices-2-market/37990/
The following manufacturers are covered in this report, with sales, revenue, and market share for each company:
- Philips Healthcare
- Resmed
- Medtronic
- Masimo
- Fisher & Paykel Healthcare
- Becton, Dickinson and Company (BD)
- Invacare
- Chart Industries
- Dragerwerk AG
- Hamilton Medical
Market size by Product
- Therapeutic Devices
- Monitoring Devices
- Diagnostic Devices
- Consumables and Accessories
Market size by End User
- Hospitals
- Home Care
- Clinic
Scope of the Report
The research study analyzes the global Respiratory Care Devices industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Respiratory Care Devices Market Report
1. What was the Respiratory Care Devices Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of Respiratory Care Devices Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Respiratory Care Devices Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
• Proliferation and maturation of trade in the global Respiratory Care Devices market.
• The market share of the global Respiratory Care Devices market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Respiratory Care Devices market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Respiratory Care Devices market.
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