The therapeutic respiratory devices market is critical for enhancing pulmonary function and assisting in the treatment of various chronic respiratory disorders. During respiratory therapy, these devices are intended to improve lung oxygen intake, cleanse the airway, and aid in the elimination of mucus from the bronchi. Chronic illnesses like chronic obstructive pulmonary disease (COPD), bronchitis, sleep problems, asthma, and other respiratory diseases might benefit greatly from therapeutic respiratory equipment. Designed for use in emergency situations, offering instant point-of-care help.
Therapeutic Respiratory Devices Market Overview:
The fundamental purpose of this research is to help the user understand the Therapeutic Respiratory Devices Market in terms of definition, segmentation, market potential, significant trends, and the issues that the Therapeutic Respiratory Devices industry faces in key areas and countries. Market figures and information were gathered from reliable sources such as websites, annual reports of businesses, journals, and so on, and were then checked and validated by industry professionals.
Therapeutic Respiratory Devices Market size was valued at USD 18.5 Bn in 2022 and the total Therapeutic Respiratory Devices revenue is expected to grow by 6.10 % from 2023 to 2029, reaching nearly USD 28.0 Bn.
Scope of the Report
Market figures and information were gathered from reliable sources such as websites, annual reports of businesses, journals, and so on, and were then checked and validated by industry professionals.
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Therapeutic Respiratory Devices Market Drivers:
Because of the rising frequency of chronic diseases that affect normal respiratory functioning, the therapeutic respiratory devices market is poised for tremendous growth. This increase in the number of patients suffering from respiratory disorders will be a major driving force in the growth and expansion of the therapeutic respiratory devices market. Breathing disorders affect around 100 million people, asthma affects over 235 million people, and chronic obstructive pulmonary disease (COPD) affects approximately 200 million people.
Therapeutic Respiratory Devices Market Segmentation:
by Product
• Positive Airway Pressure (PAP) Devices
• Ventilators
• Inhalers
• Humidifiers
• Oxygen Concentrators
• Others
by Technology
• Electrostatic filtration
• HEPA filter technology
• Hollow fiber filtration
• Microsphere Separation
by Application
• Chronic Obstructive Pulmonary Disease (COPD)
• Asthma
• Bronchitis
• Sleep Apnea
• Other Diseases
by Filter
• Nebulizer Filters
• Humidifier Filters
• Positive Airway Pressure (PAP) Device Filters
• Oxygen Concentrator Filters
• Ventilator Filters
by End User
• Hospitals
• Homecare Settings
• Emergency Health Services
• Others
Key Players:
• Philips Healthcare – Netherlands
• ResMed Inc. – United States
• Medtronic plc – Ireland
• Fisher & Paykel Healthcare Limited – New Zealand
• Drive DeVilbiss Healthcare – United States
• Invacare Corporation – United States
• GE Healthcare – United States
• Hamilton Medical AG – Switzerland
• Smiths Medical – United Kingdom
• Vyaire Medical – United States
• Drägerwerk AG & Co. KGaA – Germany
• Getinge AB – Sweden
• Chart Industries, Inc. – United States
• Masimo Corporation – United States
• Inogen, Inc. – United States
• Air Liquide Medical Systems – France
• Teleflex Incorporated – United States
• Hill-Rom Holdings, Inc. – United States
• Ventec Life Systems – United States
• Allied Healthcare Products, Inc. – United States
• Precision Medical, Inc. – United States
• Nihon Kohden Corporation – Japan
• Becton, Dickinson and Company – United States
• ZOLL Medical Corporation – United States
• DeVilbiss Healthcare LLC – United State,)
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Regional Analysis:
The report focuses on Regions and Market Size of Therapeutic Respiratory Devices , and development forecast 2021-2027, including industries, major players, suppliers globally, and market share by regions, with company and product introduction, market position including market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.
COVID-19 Impact on the Therapeutic Respiratory Devices Market
The report addresses the consequences of COVID-19: Since the COVID-19 virus emerged in December 2019, the sickness has spread to nearly every country on the earth, causing the World Health Organisation to designate it a public health catastrophe. The global impacts of the coronavirus outbreak are already being felt, and they will have a significant impact on the Therapeutic Respiratory Devices sector in 2021.
Key Questions answered in the Therapeutic Respiratory Devices Market Report are:
What is the function of Therapeutic Respiratory Devices ?
What is the predicted revenue generation of the Therapeutic Respiratory Devices market?
At what growth rate is the Therapeutic Respiratory Devices market evolving?
Who are the major market giants operating in the Therapeutic Respiratory Devices market?
Key offerings:
- A detailed Market Overview
- Market Share
- Market Size
- Market Forecast by Revenue
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation- A detailed analysis of each segment and their segments
- Competitive Landscape – Leading key players and other prominent key players.
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