Respiratory Care Devices Market to Gain a Stronghold by Forecoming Years

 This report provides in depth study of “Respiratory Care Devices Market using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Respiratory Care Devices Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

Respiratory care devices are the branch of medical devices focused on the treatment, management, control, diagnostic evaluation, and care of patients with abnormality in cardiopulmonary system.

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Key players in the global respiratory care devices market are Philips Healthcare (Netherlands), Masimo Corporation (U.S.), Fisher and Paykel Healthcare Limited (New Zealand), ResMed, Inc. (U.S.), Covidien plc (Ireland), and CareFusion Corporation (U.S.).

The devices are used in chronic obstructive pulmonary diseases (COPD), a degenerative lung diseases which primarily includes chronic bronchitis, and emphysema. The market is witnessing decent growth as COPD is one of the leading causes of death globally. By 2020, COPD is expected to be the fifth leading cause of death globally.

Market Segmentation

basis of products
  • diagnostic devices
    • spirometers
    • polysomnography devices for sleep studies
    • peak flow meters
  • therapeutic devices
    • humidifiers
    • positive airway pressure (PAP) devices
    • nebulizers
    • oxygen concentrators
    • inhalers
    • reusable resuscitators
    • ventilators
    • nitric oxide delivery units
    • masks
    • oxygen hoods
  • monitoring devices
    • pulse oximeters
    • gas analyzers
    • capnographs
Based on end users
  • hospitals
  • home care
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
  • Rest of the World

In product segment, respiratory therapeutic devices market accounted for largest share globally in 2014. Major driving factors for therapeutic devices market was increasing adoption to the various devices such as humidifiers, nebulizers, and oxygen concentrators due to increasing prevalence of respiratory diseases, and rising geriatric population.

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Hospitals respiratory care device market was major market as compared to home care due to financial capabilities of hospitals to purchase high cost devices is more. North America accounted the largest share of the market followed by Europe due to highly developed health care infrastructure, large pool of respiratory disease patients due to lifestyle such as smoking and tobacco habits, and availability of trained personnel to operate the advanced respiratory devices. However, Asia Pacific is expected to grow at the highest rate owing to increasing per capita income, and gradually developing health care infrastructure.

Major driving...

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