ID: MRFR/MED/5055-HCR | February 2021 | Region: Global | 85 pages
Market Scenario
The global respiratory care devices market is expected to register a significant growth at 10.1% CAGR during the forecast period (2018–2023).
The respiratory care devices are used for treatment, assessment, diagnosis, and care of patients suffering from cardiopulmonary devices. Respiratory care devices are used in the treatment of lung diseases such as chronic bronchitis, tuberculosis, acute and chronic pulmonary diseases, asthma, and others. With the growing age, the function of lungs starts to decline and hence the respiratory system undergoes various physiological, functional and immunological changes. The market growth is due to the rising incidences of chronic pulmonary diseases, asthma, and others. These devices can be used in hospitals and in-home care settings as they have developed from stationary to portable ones.
Factors such as the increasing frequency of respiratory diseases, increasing geriatric population, urbanization, and its adverse effects, and changes in the environment and lifestyle boosts the growth of the market. The growing demand for point-of-care diagnostic devices in developing regions is anticipated to provide new opportunities for players in the respiratory care devices market. The lack of awareness about respiratory problems, intense competition, and the cost associated with the device and the respiratory surgery hamper the growth of the market.
Segmentation
The global respiratory care devices market has been segmented on the basis of therapeutic devices, monitoring devices, diagnostic devices, accessories and consumables, application, and end-users.
On the basis of therapeutic devices, the market has been classified as pap devices, masks, ventilators, nebulizers, humidifiers, oxygen concentrators, inhalers, reusable resuscitators, nitric oxide delivery units, and oxygen hoods.
On the basis of monitoring devices, the market has been classified as pulse oximeters, pulse oximeter sensors, pulse oximeter equipment, capnographs, and gas analyzers.
On the basis of diagnostic devices, the market has been classified as spirometers, polysomnography (PSG) devices, peak flow meters, and other diagnostic devices.
On the basis of accessories and consumables, the market has been classified as disposable masks, disposable resuscitators, tracheostomy tubes, nasal cannulas, and other consumables and accessories.
On the basis of application, the market has been classified as chronic obstructive pulmonary disease (COPD), sleep apnea, asthma, infectious diseases, and other diseases.
On the basis of end-users, the market has been classified as hospitals, clinics, ambulatory care, home care, and others.
On the basis of region, the market is segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. The Americas has been further segmented into North America and South America, with the North American market divided into the US and Canada.
The European respiratory care devices market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.
The respiratory care devices market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The respiratory care devices market in the Middle East and Africa has been segmented into the Middle East and Africa.
Regional Market Summary
Global Respiratory Care Devices Market Share, by Region, 2017 (%)
Source: MRFR Analysis
In the respiratory care devices market, North America is anticipated to account for the largest market share due to the early adoption of advanced medical technologies, the rise in awareness, the rise in growth of the healthcare sector, and due to favorable compensation setting for many surgical procedures. According to the Centers for Disease Control and Prevention, in 2015, the number of deaths due to chronic lower respiratory diseases (including asthma) in the US were 155,041 and the number of adults diagnosed with chronic bronchitis was 8.9 million.
The European market is expected to hold the second largest market share. The market growth in this region can be attributed to the rising frequency of diabetic patients, an increasing number of surgeries, and the increasing demand for advanced treatment procedures. According to Eurostat statistics in 2014, there were nearly 382 thousand deaths in the European Union due to respiratory diseases. According to the Global Status Report on Non-Communicable Diseases, 2010 by the World Health Organization (WHO), smoking is predicted to cause about 71% of all lung cancer deaths and 42% of chronic respiratory diseases worldwide.
The Asia-Pacific market is expected to be the fastest growing segment in the near future due to the most dominant causes of respiratory illness and mortality that include tobacco smoking, infections, and air pollution. Factors such as access to optimal treatment facilities, better adoption rate, increase in disposable income, and rising medical tourism help to boost the fastest growing region. The government and NGO's are taking numerous initiatives to spread public awareness and control of the environment regarding the prevention and treatment of respiratory diseases.
The market in the Middle East and Africa is expected to account for the smallest share of the global respiratory care devices market due to an underdeveloped healthcare sector, lack of technical knowledge, and poor medical facilities.
Key Players
Some of the key players in the global respiratory care devices market are Philips Healthcare (Netherlands), ResMed, Inc. (US), Medtronic plc (Ireland), Masimo Corporation (US), and Fisher & Paykel Healthcare Corporation Limited (New Zealand), Becton, Dickinson and Company (US), Chart Industries, Inc. (US), Drägerwerk AG & Co. KGaA (Germany), and Hamilton Medical AG (Switzerland).
Global Respiratory Care Devices Market, by Therapeutic Devices
Global Respiratory Care Devices Market, by Monitoring Devices
Global Respiratory Care Devices Market, by Diagnostic Devices
Global Respiratory Care Devices Market, by Accessories and Consumables
Global Respiratory Care Devices Market, by Application
Global Respiratory Care Devices Market, by End-Users
Global Respiratory Care Devices Market, by Region
Intended Audience
Table of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Bargaining Power of Suppliers
5.1.2 Bargaining Power of Buyers
5.1.3 Threat of New Entrants
5.1.4 Threat of Substitutes
5.1.5 Intensity of Rivalry
5.2 Value Chain Analysis
5.3 Investment Feasibility Analysis
5.4 Pricing Analysis
Chapter 6. Global Respiratory Care Devices Market, by Therapeutic devices
6.1 Introduction
6.2 Pap devices
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.3 Masks
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.4 Ventilators
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.5 Nebulizers
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.6 Humidifiers
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.7 Oxygen concentrators
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.8 Inhalers
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.9 Reusable resuscitators
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.10 Nitric oxide delivery units
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.11 Oxygen hoods
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
Chapter 7. Global Respiratory Care Devices Market, by Monitoring Devices
7.1 Introduction
7.2 Pulse oximeters
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
7.3 Pulse oximeter sensors
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
7.4 Pulse oximeter equipment
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
7.5 Capnographs
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
7.6 Gas analyzers
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
Chapter 8. Global Respiratory Care Devices Market, by Diagnostic Devices
8.1 Introduction
8.2 Spirometers
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
8.3 Polysomnography (PSG) Devices
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
8.4 Peak Flow Meters
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
8.5 Other Diagnostic Devices
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
Chapter 9. Global Respiratory Care Devices Market, by Accessories and Consumables
9.1 Introduction
9.2 Disposable masks
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
9.3 Disposable resuscitators
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
9.4 Tracheostomy tubes
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
9.6 Nasal cannulas
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
9.7 Other consumables and accessories
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
Chapter 10. Global Respiratory Care Devices Market, by Application
10.1 Introduction
10.2 Chronic obstructive pulmonary disease (COPD)
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
10.3 Sleep apnea
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
10.4 Asthma
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
10.5 Infectious diseases
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
10.6 Other diseases
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
Chapter 10. Global Respiratory Care Devices Market, by End-Users
10.1 Introduction
10.2 Hospitals
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
10.3 Clinics
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
10.4 Ambulatory care
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
10.5 Homecare
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
10.5 Others
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
Chapter 11. Global Respiratory Care Devices Market, by Region
11.1 Introduction
11.2 Americas
11.2.1 North America
11.2.1.1 US
11.2.1.2 Canada
11.2.2 South America
11.3 Europe
11.3.1 Western Europe
11.3.1.1 Germany
11.3.1.2 France
11.3.1.3 Italy
11.3.1.4 Spain
11.3.1.5 UK
11.3.1.6 Rest of Western Europe
11.3.2 Eastern Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 South Korea
11.4.6 Rest of Asia-Pacific
11.5 Middle East & Africa
11.5.1 Middle East
11.5.2 Africa
Chapter 12. Company Landscape
12.1 Introduction
12.2 Market Share Analysis
12.3 Key Development & Strategies
Chapter 13. Company Profiles
13.1 Philips Healthcare
13.1.1 Company Overview
13.1.2 Therapeutic devices Overview
13.1.3 Financials Overview
13.1.4 Key Developments
13.1.5 SWOT Analysis
13.2 ResMed, Inc.
13.2.1 Company Overview
13.2.2 Therapeutic devices Overview
13.2.3 Financial Overview
13.2.4 Key Developments
13.2.5 SWOT Analysis
13.3 Medtronic plc
13.3.1 Company Overview
13.3.2 Therapeutic devices Overview
13.3.3 Financial Overview
13.3.4 Key Development
13.3.5 SWOT Analysis
13.4 Masimo Corporation
13.4.1 Company Overview
13.4.2 Technology/Business Segment Overview
13.4.3 Financial Overview
13.4.4 Key Development
13.4.5 SWOT Analysis
13.5 Fisher & Paykel Healthcare Corporation Limited
13.5.1 Company Overview
13.5.2 Therapeutic devices Overview
13.5.3 Financial overview
13.5.4 Key Developments
13.6 Becton
13.6.1 Company Overview
13.6.2 Therapeutic devices Overview
13.6.3 Financial Overview
13.6.4 Key Developments
13.6.5 SWOT Analysis
13.7 Dickinson and Company
13.7.1 Overview
13.7.2 Therapeutic devices Overview
13.7.3 Financial Overview
13.7.4 Key Developments
13.7.5 SWOT Analysis
13.8 Chart Industries, Inc.
13.8.1 Overview
13.8.2 Therapeutic devices/ Technology Overview
13.8.3 Financials
13.8.4 Key Developments
13.8.5 SWOT Analysis
13.9 Drägerwerk AG & Co. KGaA
13.9.1 Overview
13. 9.2 Therapeutic devices Overview
13. 9.3 Financials
13. 9.4 Key Developments
13. 9.5 SWOT Analysis
13.10 Hamilton Medical AG
13.10.1 Overview
13.10.2 Therapeutic devices Overview
13.10.3 Financials
13.10.4 Key Developments
13.10.5 SWOT Analysis
Chapter 14 MRFR Conclusion
14.1 Key Findings
14.1.1 From CEO’s Viewpoint
14.1.2 Unmet Needs of the Market
14.2 Key Companies to Watch
14.3 Predictions for the Respiratory Care Devices Industry
Chapter 15. Appendix
LIST OF TABLES
Table 1 Global Respiratory Care Devices Market Synopsis, 2020-2027
Table 2 Global Respiratory Care Devices Market Estimates and Forecast, 2020-2027 (USD Million)
Table 3 Global Respiratory Care Devices Market, by Region, 2020-2027 (USD Million)
Table 4 Global Respiratory Care Devices Market, by Therapeutic devices, 2020-2027 (USD Million)
Table 5 Global Respiratory Care Devices Market, by Monitoring devices, 2020-2027 (USD Million)
Table 6 Global Respiratory Care Devices Market, by Diagnostic devices, 2020-2027 (USD Million)
Table 7 Global Respiratory Care Devices Market, by Accessories and Consumables, 2020-2027 (USD Million)
Table 8 Global Respiratory Care Devices Market, by Application, 2020-2027 (USD Million)
Table 9 Global Respiratory Care Devices Market, by End-users, 2020-2027 (USD Million)
Table 10 North America: Respiratory Care Devices Market, by Therapeutic devices, 2020-2027 (USD Million)
Table 11 North America: Respiratory Care Devices Market, by Monitoring devices, 2020-2027 (USD Million)
Table 12 North America: Respiratory Care Devices Market, by Diagnostic devices, 2020-2027 (USD Million)
Table 13 North America: Respiratory Care Devices Market, by Accessories and Consumables, 2020-2027 (USD Million)
Table 14 North America: Respiratory Care Devices Market, by Application, 2020-2027 (USD Million)
Table 15 North America: Respiratory Care Devices Market, by End-users, 2020-2027 (USD Million)
Table 16 US: Respiratory Care Devices Market, by Therapeutic devices, 2020-2027 (USD Million)
Table 17 US: Respiratory Care Devices Market, by Monitoring devices, 2020-2027 (USD Million)
Table 18 US: Respiratory Care Devices Market, by Diagnostic devices, 2020-2027 (USD Million)
Table 19 US: Respiratory Care Devices Market, by Accessories and Consumables, 2020-2027 (USD Million)
Table 20 US: Respiratory Care Devices Market, by Application, 2020-2027 (USD Million)
Table 21 US: Respiratory Care Devices Market, by End-users, 2020-2027 (USD Million)
Table 22 Canada: Respiratory Care Devices Market, by Therapeutic devices, 2020-2027 (USD Million)
Table 23 Canada: Respiratory Care Devices Market, by Monitoring devices, 2020-2027 (USD Million)
Table 24 Canada: Respiratory Care Devices Market, by Diagnostic devices, 2020-2027 (USD Million)
Table 25 Canada: Respiratory Care Devices Market, by Accessories and Consumables, 2020-2027 (USD Million)
Table 26 Canada: Respiratory Care Devices Market, by Application, 2020-2027 (USD Million)
Table 27 Canada: Respiratory Care Devices Market, by End-users, 2020-2027 (USD Million)
Table 28 South America: Respiratory Care Devices Market, by Therapeutic devices, 2020-2027 (USD Million)
Table 29 South America: Respiratory Care Devices Market, by Monitoring devices, 2020-2027 (USD Million)
Table 30 South America: Respiratory Care Devices Market, by Diagnostic devices, 2020-2027 (USD Million)
Table 31 South America: Respiratory Care Devices Market, by Accessories and Consumables, 2020-2027 (USD Million)
Table 32 South America: Respiratory Care Devices Market, by Application, 2020-2027 (USD Million)
Table 33 South America: Respiratory Care Devices Market, by End-users, 2020-2027 (USD Million)
Table 34 Europe: Respiratory Care Devices Market, by Therapeutic devices, 2020-2027 (USD Million)
Table 35 Europe: Respiratory Care Devices Market, by Monitoring devices, 2020-2027 (USD Million)
Table 36 Europe: Respiratory Care Devices Market, by Diagnostic devices, 2020-2027 (USD Million)
Table 37 Europe: Respiratory Care Devices Market, by Accessories and Consumables, 2020-2027 (USD Million)
Table 38 Europe: Respiratory Care Devices Market, by Application, 2020-2027 (USD Million)
Table 39 Europe: Respiratory Care Devices Market, by End-users, 2020-2027 (USD Million)
Table 40 Western Europe: Respiratory Care Devices Market, by Therapeutic devices, 2020-2027 (USD Million)
Table 41 Western Europe: Respiratory Care Devices Market, by Monitoring devices, 2020-2027 (USD Million)
Table 42 Western Europe: Respiratory Care Devices Market, by Diagnostic devices, 2020-2027 (USD Million)
Table 43 Western Europe: Respiratory Care Devices Market, by Accessories and Consumables, 2020-2027 (USD Million)
Table 44 Western Europe: Respiratory Care Devices Market, by Application, 2020-2027 (USD Million)
Table 45 Western Europe: Respiratory Care Devices Market, by End-users, 2020-2027 (USD Million)
Table 46 Eastern Europe: Respiratory Care Devices Market, by Therapeutic devices, 2020-2027 (USD Million)
Table 47 Eastern Europe: Respiratory Care Devices Market, by Monitoring devices, 2020-2027 (USD Million)
Table 48 Eastern Europe: Respiratory Care Devices Market, by Diagnostic devices, 2020-2027 (USD Million)
Table 49 Eastern Europe: Respiratory Care Devices Market, by Accessories and Consumables, 2020-2027 (USD Million)
Table 50 Eastern Europe: Respiratory Care Devices Market, by Application, 2020-2027 (USD Million)
Table 51 Eastern Europe: Respiratory Care Devices Market, by End-users, 2020-2027 (USD Million)
Table 52 Asia-Pacific: Respiratory Care Devices Market, by Therapeutic devices, 2020-2027 (USD Million)
Table 53 Asia-Pacific: Respiratory Care Devices Market, by Monitoring devices, 2020-2027 (USD Million)
Table 54 Asia-Pacific: Respiratory Care Devices Market, by Diagnostic devices, 2020-2027 (USD Million)
Table 55 Asia-Pacific: Respiratory Care Devices Market, by Accessories and Consumables, 2020-2027 (USD Million)
Table 56 Asia-Pacific: Respiratory Care Devices Market, by Application, 2020-2027 (USD Million)
Table 57 Asia-Pacific: Respiratory Care Devices Market, by End-users, 2020-2027 (USD Million)
Table 60 Middle East & Africa: Respiratory Care Devices Market, by Therapeutic devices, 2020-2027 (USD Million)
Table 61 Middle East & Africa: Respiratory Care Devices Market, by Monitoring devices, 2020-2027 (USD Million)
Table 62 Middle East & Africa: Respiratory Care Devices Market, by Diagnostic devices, 2020-2027 (USD Million)
Table 63 Middle East & Africa: Respiratory Care Devices Market, by Accessories and Consumables, 2020-2027 (USD Million)
Table 64 Middle East & Africa: Respiratory Care Devices Market, by Application, 2020-2027 (USD Million)
Table 65 Middle East & Africa: Respiratory Care Devices Market, by End-users, 2020-2027 (USD Million)
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Segmentation for Global Respiratory Care Devices Market
Figure 3 Segmentation Market Dynamics for Global Respiratory Care Devices Market
Figure 4 Global Respiratory Care Devices Market Share, by Therapeutic devices, 2020
Figure 5 Global Respiratory Care Devices Market, by Monitoring devices, 2020
Figure 6 Global Respiratory Care Devices Market, by Diagnostic devices, 2020
Figure 7 Global Respiratory Care Devices Market, by Accessories and Consumables, 2020
Figure 8 Global Respiratory Care Devices Market, by Application, 2020
Figure 9 Global Respiratory Care Devices Market, by End-users, 2020
Figure 10 Global Respiratory Care Devices Market Share, by Region, 2020
Figure 11 North America: Respiratory Care Devices Market Share, by Country, 2020
Figure 12 Europe: Respiratory Care Devices Market Share, by Country, 2020
Figure 13 Asia-Pacific: Respiratory Care Devices Market Share, by Country, 2020
Figure 14 Middle East & Africa: Respiratory Care Devices Market Share, by Country, 2020
Figure 15 Global Respiratory Care Devices Market: Company Share Analysis, 2020 (%)
Figure 16 Philips Healthcare: Key Financials
Figure 17 Philips Healthcare: Segmental Revenue
Figure 18 Philips Healthcare: Geographical Revenue
Figure 19 ResMed, Inc.: Key Financials
Figure 20 ResMed, Inc.: Segmental Revenue
Figure 21 ResMed, Inc.: Geographical Revenue
Figure 22 Medtronic plc: Key Financials
Figure 23 Medtronic plc: Segmental Revenue
Figure 24 Medtronic plc: Geographical Revenue
Figure 25 Masimo Corporation: Key Financials
Figure 26 Masimo Corporation: Segmental Revenue
Figure 27 Masimo Corporation: Geographical Revenue
Figure 28 Fisher & Paykel Healthcare Corporation Limited: Key Financials
Figure 29 Fisher & Paykel Healthcare Corporation Limited: Segmental Revenue
Figure 30 Fisher & Paykel Healthcare Corporation Limited: Geographical Revenue
Figure 31 Becton: Key Financials
Figure 32 Becton: Segmental Revenue
Figure 33 Becton: Geographical Revenue
Figure 34 Dickinson and Company: Key Financials
Figure 35 Dickinson and Company: Segmental Revenue
Figure 36 Dickinson and Company: Geographical Revenue
Figure 37 Chart Industries, Inc.: Key Financials
Figure 38 Chart Industries, Inc.: Segmental Revenue
Figure 39 Chart Industries, Inc.: Geographical Revenue
Figure 40 Drägerwerk AG & Co. KGaA: Key Financials
Figure 41 Drägerwerk AG & Co. KGaA: Segmental Revenue
Figure 42 Drägerwerk AG & Co. KGaA: Geographical Revenue
Figure 43 Hamilton Medical AG: Key Financials
Figure 44 Hamilton Medical AG: Segmental Revenue
Figure 45 Hamilton Medical AG: Geographical Revenue