Pune, Maharashtra -- (SBWIRE) -- 04/18/2017 -- Market – Synopsis & Scenario
Hospitals respiratory care device market is dominating the market with respect to home respiratory care, owing to financial capabilities of hospitals to purchase high cost devices.
Major driving factors for the global respiratory care devices market are rise in number of chronic pulmonary obstructive diseased patients, and continuous surge in numbers due to changing life style and environment such as increasing pollution level and smokers, rising geriatric population, new launching of the product coupled with strong pipeline of the product in addition to the increasing demand for home care respiratory devices. Centers for Disease Control and Prevention (CDC) recently declared that in America, more than 16 million people living with the diseases caused by smoking such as lung diseases, COPD, heart diseases, and cancer. Additionally, rising aging population is a major cause of driving the market.
However, some of the harmful effects of respiratory devices and the inadequate awareness in some of the developing regions are the factors affecting the market growth. Also, excise tax on devices would expect to impact the market negatively in some countries.
Key players include Philips Healthcare, GE Healthcare, Covidien, Invacare, Smiths Medical, Care Fusion, etc. Mergers, acquisitions, and R&D investments represent the major strategies practiced by incumbent players.
Other prominent players of the global respiratory care devices market are Masimo Corporation (U.S.), Fisher and Paykel Healthcare Limited (New Zealand), ResMed, Inc. (U.S.), Covidien plc (Ireland), and CareFusion Corporation (U.S.).
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-Empowers to analyze the market on region level and market predictions for North America, Europe, Asia and Rest of the World (ROW).
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The report introduces medical suction device market SWOT analysis, PEST analysis, market share analysis and competitive landscape, company profiles by analyzing the major players. It is a depth research study on Global Respiratory Therapeutic Devices market.
Access the market data and market information presented through more than 50 market data tables and 25 figures spread over 140 numbers of pages of the project report "Global Respiratory Therapeutic Devices Market – Forecast to 2020"
North America accounted for the largest Market share followed by Europe owing to the highly efficient and advanced health care infrastructure, a large number of respiratory disease patients due to the inappropriate lifestyle such as smoking and tobacco habits, and easily available trained staff to operate the advanced respiratory devices. Asia Pacific is emerging as fastest growing market due to increasing per capita income, and gradually developing health care infrastructure.
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Brief TOC of Global Respiratory Therapeutic Devices Market
1.2 Scope of the study
1.2.1 Research Objectives
1.2.2 Assumptions & Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
3 Report Excerpt
4 Forecast Indicators
4.2 Growth Drivers
4.3 Growth Barriers
4.4 Recent Trends
4.5 Macroecnomical Indicators
5 Respiratory Therapeutic Devices Market, By Product
6 Respiratory Therapeutic Devices Market, By Mode of Care
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