Respiratory equipment are used to treat, control, manage and diagnose patients with abnormality in cardiopulmonary system. It is used in chronic obstructive pulmonary diseases which include chronic bronchitis and emphysema.
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Respiratory products provide enhanced care to patients suffering from acute and chronic respiratory diseases.
Respiratory medical devices help in the removal of mucus from the respiratory airways and improve pulmonary function.
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COPD which is the leading cause of death worldwide will enhance the growth of the market further.
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Scope & Regional Forecast of the Respiratory Devices Market
High prevalence of respiratory diseases, rapid growth in the ageing population, high prevalence of smoking, rising pollution levels, and rising urbanization will boost the growth of the Respiratory Devices Market. Growing automotive and metal fabrication industries in countries like India, China, and Brazil will drive the demand for the respiratory protection devices.
North America was the dominant region in the Respiratory Devices Market in 2014. Stringent occupational health and safety norms along with growing oil and gas, chemicals and manufacturing industry in US and Canada will propel the growth of respiratory measurement devices in the region.
Asia Pacific will have the fastest growth in the Respiratory Devices Market. This is due to rapid industrialization in countries like India, Vietnam, China, Thailand, and Malaysia.
Rise in the number of chronic pulmonary obstructive diseased patients will drive the growth of respiratory protective equipment.
Growing geriatric population and rising demand for home care respiratory devices will also boost the demand for respiratory instruments.
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Segmentations & Key Players Involved in the Respiratory Devices Market
The Respiratory Devices Market can be broken down into various segmentations on the basis of –
Region- North America, Europe, and Asia Pacific.
Some of the key players involved in the Respiratory Devices Market are as follows:
- Koninklijke Philips N.V
- Hamilton Medical AG
- Invacare Corporation
- Chart Industries Inc
- Medline Industries Inc
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