Press release
Global Respiratory Devices Market 2016–2021: Major Players and Competitors Analysis
According to the report " Global Respiratory Devices Market ", published by Market Data Forecast, the global market is projected to reach USD 22.63 billion by 2021, at a CAGR of 9.40% from 2016 to 2021.For full report refer to http://www.marketdataforecast.com/market-reports/global-respiratory-devices-market-728/
Respiratory devices are medical devices that are used to aid patients who are suffering from respiratory problems and cannot attain sufficient oxygen levels to sustain life.
Respiratory diseases are the principal cause of deaths globally. Lung infections like pneumonia and lung cancer, chronic obstructive pulmonary disease (COPD), and tuberculosis together accounted for around 12.5 million deaths globally during 2015, which is on-fifth of the worldwide total. These devices help in the elimination of mucus from the respiratory airways and in doing so enhance the pulmonary function.
Free sample of the report is available at http://www.marketdataforecast.com/market-reports/global-respiratory-devices-market-728/request-sample
The growth of the Global Respiratory Devices Market is mainly driven by factors such as an increase in the prevalence of respiratory diseases such as asthma and COPD, technological advancement in the healthcare industry, rising aging population, high prevalence of smoking, rising urbanization and pollution levels, and lifestyle changes.
Product Segmentation:
1) Based on Type:
a) Therapeutic Devices
• BI-PAP Devices
• Nebulizers
• Ventilators
• Resuscitators
• CPAP Devices
• Humidifiers
• Oxygen Concentrators
• Inhalers
b) Diagnostic and Monitoring Devices
• Sleep Test Devices
• Pulse Oximeter
• Spirometers
• Peak Flow Meters
• Capnographs
c) Disposables
• Cannulas
• Filters
• Masks
• Tubes
• Breathing Circuits
2) Based on End Users
• Hospitals
• Homecare
3) Geographical Segmentation:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa
The major companies operating in the global Respiratory devices market are Masimo Corporation, ResMed, Inc., Fisher and Paykel Healthcare Limited, Philips Healthcare, Covidien plc, and CareFusion Corporation.
About Market Data Forecast:
Market Data Forecast is a firm working in the areas of market research and business intelligence. We have rich experience in research across major industry segments like Healthcare, Agriculture, Food & Beverages etc. and we cater to the needs of both individual and corporate clients. Our research services contribute to key business areas like business process improvement, key decision making and developing appropriate corporate strategy. We are truly committed to our clients and other stakeholders for providing customized research services of the highest quality all the while being an organisation that’s trusted for its integrity, respected for its accountability, and admired for its excellence, by both clients and competitors alike.
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