In May 2019 Masimo Corporation (US) signed an agreement with Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China) to offer Masimo SET Measure-through Motion and Low Perfusion pulse oximetry in its monitoring devices. Mindray devices equipped with SET will now be available in select countries in Europe, the Middle East, Russia, the Commonwealth of Independent States, and the Asia Pacific (excluding China), including Australia and India.
Seattle, WA -- (SBWIRE) -- 11/26/2019 -- The respiratory system (also respiratory apparatus, ventilatory system) is a biological system consisting of specific organs and structures used for gas exchange in animals and plants. The anatomy and physiology that make this happen varies greatly, depending on the size of the organism, the environment in which it lives and its evolutionary history.
Respiratory Medical Device range from simple hand held masks or inhalers, to sophisticated medical equipment that can completely take over the respiratory function of an individual. Examples of diagnostic Respiratory Medical Device are spirometers, peak flow meters, etc. The costs of Respiratory Medical Device may vary based on parameters like function, degree of sophistication, manufacturing materials used, and so on. Factors like growing incidence of respiratory diseases and rising awareness are driving the growth of the global Respiratory Medical Device market.
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The global Respiratory Medical Device market can be segmented based on product, end user, and geography. Based on product, the market can be segmented into therapeutic devices, monitoring devices, diagnostic devices, and consumables and accessories. Based on end users, the market can be segmented into hospitals and individual users.
This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering: CareFusion(BD), Schiller, CHEST, COSMED, NDD, nSpire Health, MGC Diagnostics, Minato, M&B, AESRI, Ganshorn, Morgan Scientific, Sikeda, RSDQ.
By types, the market can be split into: Portable Respiratory Medical Device, Complete Respiratory Medical Device,.
By Application, the market can be split into: Hospitals, Physical Examination Center, Physician Groups, Other Applications.
The dominant share of this region can be attributed to the strong presence of a large number of major manufacturers of respiratory care devices, rising geriatric population, high prevalence of smoking and respiratory diseases, and the presence of a highly developed healthcare system. Moreover, the presence of advanced healthcare infrastructure and high healthcare expenditure in North America is also expected to drive the growth of the market in this region.
Key Questions Addressed in the Report
- Who are the top 10 players operating in the market?
- What are the drivers, restraints, opportunities, and challenges in the market?
- What are the industry trends as well as the current scenario in the market?
- What are the growth trends in the market at the sentimental and overall market levels?
- How is the market performing in different regions across the globe?
Respiratory Medical Device Market report provides key statistics on the Market status of the manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Smart Medical Devices industry. It also covers the major factors restraining the growth of the global market. The market research report emphasises leading players in the market together with their market shares.
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