Global Respiratory Devices Market Ecosystem

The Global Respiratory devices market is highly fragmented in nature, with the presence of many international players as well as local players. Some of the major players in the industry include Philips Healthcare, ResMed, Drager & Medtronic.

Global Life Enhancing Medical Devices Industry

1. “Illnesses being a growth factor?:” With rising cases of respiratory problems, companies are now realizing the huge potential it holds for the respiratory devices market.

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Infectious respiratory diseases directly drive demand for respiratory care. COVID-19 is the most recent example of these diseases. The pandemic has resulted in a surge for demand for personal protective equipment & ventilators, among others. The demand for ventilators has also grown due to the prevalence of other diseases, resulting in government & industry support for these devices.

2. “Home healthcare devices market providing a boost:” With an increasing trend towards adoption of home healthcare devices, miniaturized respiratory devices have become a need rather than a want.

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By Type of Product

• Inhalers
• Respiratory Consumables
• Nebulizers
• Oxygen Concentrators
• Positive Airway Pressure Devices
• Spirometer

By End-User

• Hospitals
• Clinics
• Others

By Geography

• Asia Pacific
• Middle East
• North America
• Australia
• South America
• Europe

Time Period Captured in the Report:

• Historical Period:2017- 2022
• Base Year: 2022
• Forecast Period: 2022-2027

For More Insights On Market Intelligence, Refer To The Link Below: –

Global Respiratory Devices Market Outlook to 2027

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US Medical Devices Market Outlook to 2027

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The post The Global Respiratory Devices Market is poised to become a USD 27 Bn Market by 2027. Will the projections justify growth? : Ken Research appeared first on Research News Today.