Res The major factors driving the growth of this market include high prevalence of respiratory diseases, rapid growth in the aging population, the high prevalence of smoking, rising urbanization and pollution levels, increasing incidence of preterm births, and lifestyle changes. The rapid developments in emerging markets such as Asia-Pacific and Latin America and the growing demand for point-of-care (POC) diagnostic devices are expected to provide significant growth opportunities for players operating in the respiratory care devices market in the coming years.
The rising demand for enhanced portable devices, growing demand for multimodal ventilators and focus of market players on expanding their geographic presence are the key trends of this market. However, the lack of awareness of respiratory conditions leading to a large underdiagnosed and undertreated population and the harmful effects of certain respiratory care devices on neonates are the major challenges in this market.
This market is segmented on the basis of type Clayton Richard Blue Jays Jersey , diseasedisorder, end user and regions. Based on type, the respiratory care devices market is segmented into therapeutic devices, monitoring devices, diagnostic devices, and consumables & accessories.
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The therapeutic devices segment is subsegmented into PAP devices, masks, ventilators Alen Hanson Blue Jays Jersey , nebulizers, humidifiers, oxygen concentrators, inhalers, reusable resuscitators, nitric oxide delivery units, and oxygen hoods. The monitoring devices segment is subsegmented into pulse oximeters, capnographs and gas analyzers. The diagnostic devices segment is subsegmented into spirometers Jack Morris Blue Jays Jersey , polysomnography devices (PSG), peak flow meters and other diagnostic devices.
The consumables and accessories segment is subsegmented into disposable masks, disposable resuscitators, tracheostomy tubes, nasal cannulas and other consumables and accessories. In 2015, therapeutic devices accounted for the largest share of the global respiratory care devices type market. The rising incidence of chronic diseases and growing geriatric population contributes to their largest share in respiratory care devices type market.
Based on diseasedisorder, the respiratory care devices market is segmented into chronic obstructive pulmonary disease (COPD), sleep apnea Roy Halladay Blue Jays Jersey , asthma, infectious diseases and other diseasesdisorders. The other diseasesdisorders segment includes lung cancer, pulmonary fibrosis, pulmonary embolism, cystic fibrosis, and allergies. In 2015, COPD accounted for the largest share of the global respiratory care devices market, by diseasedisorder. The factors contributing to the growth of this technology segment includes increasing tobacco smoking prevalence and rising pollution levels globally.
Furthermore Dave Winfield Blue Jays Jersey , on the basis of end users, the market is classified into hospitals, home care and ambulatory care. The hospitals companies segment accounted for the largest share in the global respiratory care devices market, by end users. The factors contributing to the growth of this end user segment includes the financial capabilities of hospitals to purchase high-priced instruments as well as the availability of trained professionals in hospitals to operate respiratory care devices.
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In 2015, North America accounted for the largest share of the global respiratory care devices market, followed by Europe, Asia-Pacific, and RoW. Growth in the developed markets in North America and Europe is mainly driven by the rising geriatric population Jesse Barfield Blue Jays Jersey , the presence of a well-established healthcare industry, availability of life sciences and medical research funding, rising geriatric population, growing demand for point-of-care diagnostic testing, and increasing government healthcare expenditure. ax 270 Hot Punch[/url] Air Jordan 6 For Sale