Global Respiratory Monitoring Devices Market
Medical Equipment

Global Respiratory Monitoring Devices Market 2022 – Market Opportunities And Strategies

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The respiratory monitoring devices market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 8%, as per The Business Research Company’s market report!

 

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The Respiratory Monitoring Devices Market Size In 2022 And Forecast
The global respiratory monitoring devices market grew from $1.17 billion in 2021 to $1.32 billion in 2022 at a compound annual growth rate (CAGR) of 12.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The respiratory monitoring devices market is expected to grow to $1.84 billion in 2026 at a CAGR of 8.8%.

 

The respiratory monitoring devices market consists of sales of respiratory monitoring devices used to monitor respiration-related parameters that aid the detection of acute or chronic respiratory disorders.

 

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Rise In Rate Of Chronic Respiratory Diseases Is Driving The Growth Of The Respiratory Monitoring Devices Market
For example, in 2019, 334 million people worldwide suffered from asthma, and 65 million suffered from chronic obstructive pulmonary disease (COPD). The respiratory monitoring devices such as spirometers and pulse oximeters act as essential devices to monitor vital respiratory parameters.

 

Competitive Landscape And The Regional Analysis Of The Respiratory Monitoring Devices Market
Major players in the respiratory monitoring devices market are Covidien, GE Healthcare, Philips Healthcare, ResMed, Siemens Healthcare, Merck & Co., Calando Pharmaceuticals, Quark Pharmaceuticals, Sirnaomics Inc, and Traversa Therapeutics.

 

Additionally, as per TBRC’s research – Asia Pacific was the largest region in the respiratory monitoring devices market in 2021 holding the largest market share.

 

The Respiratory Monitoring Devices Global Market Report 2022  covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the respiratory monitoring devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the respiratory monitoring devices market.

 

Launching Smart Respiratory Monitoring Devices – A Key Trend In The Respiratory Monitoring Devices Market
The companies in the market are increasingly launching smart respiratory monitoring devices to diagnose and monitor some respiratory diseases. These smart respiratory monitoring devices are Bluetooth-enabled and can be connected to smartphones to continuously monitor vital respiratory parameters.

 

Respiratory Monitoring Devices Market Segmentation By The Business Research Company

1) By Type: Capnographs, Gas Analyzers, Pulse Oximeters, Peak Flow Meters, Spirometers, Polysomnographs, Others Types

2) By End-User: Laboratories, Hospitals, Home Use

3) By Application: Chronic Obstructive Pulmonary Disease (COPD), Infectious Diseases, Asthma, Others

 

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Respiratory Devices And Equipment (Diagnostic) Global Market Report 2022

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Respiratory Disposables Global Market Report 2022

 

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