Los Angeles, CA -- (SBWire) -- 05/20/2019 --Respiratory Care is focused on respiratory health products throughout the continuum of care for patients with acute and chronic pulmonary conditions.
Respiratory Care Device is a series device for therapeutic, monitoring and diagnostic application in human beings' home care and hospital used.
The respiratory care devices market is growing at a significant rate since the last decade. Growth in this market is mainly attributed to the high prevalence of respiratory diseases, rising aging population across the globe, high prevalence of smoking, rising urbanization and pollution levels, increasing incidences of preterm births, and lifestyle changes.
Much more companies getting into the respiratory care device industry and the market are much scattered. Key players in Respiratory care device market include ResMed, Philips Respironics, Covidien(Medtronic), Fisher and Paykel Healthcare, Maquet, CareFusion Corporation (BD), Dräger, Teleflex, DeVilbiss Healthcare(Drive Medical), and Invacare, etc. ResMed, Philips Respironics, Covidien (Medtronic), and Fisher & Paykel Healthcare are the dominators of the respiratory care device industry at the moment, and totaled accounted for about 30 percent.
In 2015, major demand accounts 41.73% from North America in the global respiratory care device market and will increase stably. Europe is occupied 29.88% market in respiratory care device industry. Other major demand is expected from emerging markets of China and Asia(Ex-China), total contributed 22.67 percent.
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Along with the development of Chinese domestic equipment, Chinese domestic equipment has been very mature and advanced, and the performance distance has been shorten compared with the imported equipment.
The global Respiratory Care Device market was 16900 million US$ in 2018 and is expected to 33100 million US$ by the end of 2025, growing at a CAGR of 8.8% between 2019 and 2025.
This report studies the Respiratory Care Device market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Respiratory Care Device in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
ResMed
Philips Respironics
Covidien(Medtronic)
Fisher and Paykel Healthcare
Maquet
CareFusion Corporation (BD)
Dräger
Teleflex
DeVilbiss Healthcare(Drive Medical)
Invacare
Chart Industries
Weinmann
Inogen
Yuyue Medical
Masimo Corporation
Hamilton Medical
Nihon Kohden Corporation
Omron Healthcare
ACOMA
Heyer Medical
Breas Medical
PARI Medical Holding GmbH
BMC Medical
GF Health Products
MGC Diagnostics Corporation
SDI Diagnostics
Apex Medical
Sysmed
By the product type, the market is primarily split into
Therapeutic Device
Monitoring Device
Diagnostic Device
By the end users/application, this report covers the following segments
Home Care
Hospital
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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Respiratory Care Device Market Will Expand at 8.80% CAGR to Hit 33100 Million US$ by 2025: QY Research, Inc.