
Global Respiratory Care Medical Devices Market (by Disorder, Product Type, End User, & Region): Insights and Forecast with Potential Impact of COVID-19 (2022-2026)
Description
Global Respiratory Care Medical Devices Market (by Disorder, Product Type, End User, & Region): Insights and Forecast with Potential Impact of COVID-19 (2022-2026)
Market Insight:
A respiratory illness, often known as a respiratory disease, refers to a category of pathogenic disorders that influence breathing in living organisms. Respiratory care devices are a kind of medical equipment that is used to treat, manage, regulate, diagnose, and care for patients with cardiopulmonary system disorders.
The ageing population, growing incidence of chronic respiratory disorders, unhealthy lifestyles, particularly among the urban population, high frequency of smoking, and other reasons have all led to the expansion of the respiratory care medical devices market. Respiratory care equipment can be used in both home care and hospital settings. The rising number of hospitals throughout the world has also led to increased demand for respiratory care devices. The global respiratory care medical devices is estimated to rise to US$24.08 billion in 2023, growing at a CAGR of 8.70% during the forecast period.
Segment Covered:
- By Disorder: In terms of disorder, the report identifies five segments of the global respiratory care medical devices market: COPD (chronic obstructive pulmonary disease), Asthma, Obstructive Sleep Apnea, Infectious Diseases, and Others. The COPD segment accounted for the maximum share in the global respiratory care medical devices market owing to the increasing prevalence of smoking and environmental factors. The obstructive sleep apnea segment is further segmented into three product types: Therapeutic Devices, Sleep Apnea Masks, and Diagnostic Devices. The global obstructive sleep apnea diagnostic devices market is expected to experience significant growth during the forecasted period driven by the wide use of polysomnography (PSG) devices in hospitals & sleep labs.
- By Product Type: The report provides the bifurcation of the global market into four segments, on the basis of product type: Therapeutic Devices, Monitoring Devices, Diagnostic Devices, and Consumables & Accessories. The therapeutic devices segment held the largest share of the market. The demand for humidifiers, nebulizers, and oxygen concentrators has grown in the past few years on the ground of increasing respiratory diseases globally.
- By End Users: The report further offers the categorization based on the end user of the respiratory care medical devices: Hospitals, Home Care Settings, and Ambulatory Care Centers. Home care settings are expected to grow at the highest CAGR owing to the growing importance of personalized healthcare services.
According to this report, the global respiratory care medical devices market is divided into five regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The countries covered in North America region are the US, Canada and Mexico, while Europe includes Germany, the UK, France, Italy, Spain, and Rest of Europe. Moreover, China, Japan, India, South Korea, Australia, and Rest of the Asia Pacific are included in the Asia Pacific region.
North America dominated the market with largest share of the global market. Rising life expectancy is changing the shape of the European nations' age pyramid, the most significant change would be a notable shift toward a much older demographic structure, a trend that is expected to continue. Therefore, the increasing geriatric population, reducing passive immunity, and rising prevalence of respiratory diseases in community-dwelling older adults are all expected to propel the growth of the respiratory care medical devices market in Europe. In the Asia Pacific, the market is expected to exhibit growth at a highest CAGR during the forecast period owing to factors such as the rising prevalence of asthma in adults as well as children and technological advancements.
Top Impacting Factors:
Growth Drivers
- Rapid Growth in Aging Population
- High Prevalence of Respiratory Diseases
- Increasing Healthcare Expenditure
- High Prevalence of Smoking
- Lack of Awareness of Respiratory Conditions
- Excise Tax Levied on Devices
- Growing Demand for Point-of-Care Diagnostic Devices
- Integration of Artificial Intelligence (AI) in Respiratory Care
- Increasing Demand for Enhanced Portable Devices
- Technological Advancements in Mechanical Ventilators
- Driver: High Prevalence of Smoking
- Challenge: Lack of Awareness of Respiratory Conditions
- Trend: Growing Demand for Point-of-Care Diagnostic Devices
The COVID-19 Analysis:
The global respiratory care medical devices market growth was positively affected by the COVID-19 pandemic. Due to COVID's close proximity to the lungs, many people experienced breathing difficulties, which increased the demand for respiratory equipment in late 2020 and the following year. On the other hand, COVID-19 can lead to lung issues such as pneumonia and, in the most severe cases, ARDS (acute respiratory distress syndrome), and Sepsis. This has further boosted the demand for respiratory devices. The post-COVID environment also appears to be fortunate for the respiratory care medical device market. A continuous rebound in the treatment of respiratory diseases beyond 2020 would support the expansion of this market.
Analysis of Key Players:
The global respiratory care medical devices market is consolidated. The key players in the global respiratory care medical devices market are:
- Fisher & Paykel Healthcare
- Medtronic Plc
- Koninklijke Philips NV
- Masimo Corporation
- Invacare Corporation
- ResMed Inc.
- Teleflex Incorporated
- Hamilton Medical AG
- Allied Healthcare Products Inc.
- React Health, Inc.
- Acare Technology Ltd.
- Drägerwerk AG & Co. KGaA
Table of Contents
159 Pages
- 1. Executive Summary
- 2. Introduction
- 2.1 Respiratory Care Medical Devices: An Overview
- 2.1.1 Introduction to Respiratory Disorder
- 2.1.2 Introduction to Respiratory Care Medical Devices
- 2.2 Respiratory Care Medical Devices Segmentation: An Overview
- 2.2.1 Respiratory Care Medical Devices Segmentation
- Table 1: Respiratory Care Medical Devices Segmentation
- 3. Global Market Analysis
- 3.1 Global Respiratory Care Medical Devices Market: An Analysis
- 3.1.1 Global Respiratory Care Medical Devices Market by Value
- Table 2: Global Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Billion)
- Table 3: Global Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Billion)
- 3.1.2 Global Respiratory Care Medical Devices Market by Disorder (COPD, Asthma, Obstructive Sleep Apnea, Infectious Diseases, and Others)
- Table 4: Global Respiratory Care Medical Devices Market by Disorder; 2021 (Percentage, %)
- 3.1.3 Global Respiratory Care Medical Devices Market by Product Type (Therapeutic Devices, Monitoring Devices, Diagnostic Devices, and Consumables & Accessories)
- Table 5: Global Respiratory Care Medical Devices Market by Product Type; 2021 (Percentage, %)
- 3.1.4 Global Respiratory Care Medical Devices Market by End-User (Hospitals, Home Care Settings, and Ambulatory Care Centers)
- Table 6: Global Respiratory Care Medical Devices Market by End-User; 2021 (Percentage, %)
- 3.1.5 Global Respiratory Care Medical Devices Market by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)
- Table 7: Global Respiratory Care Medical Devices Market by Region; 2021 (Percentage, %)
- 3.2 Global Respiratory Care Medical Devices Market: Disorder Analysis
- 3.2.1 Global COPD Respiratory Care Medical Devices Market by Value
- Table 8: Global COPD Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Billion)
- Table 9: Global COPD Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Billion)
- 3.2.2 Global Asthma Respiratory Care Medical Devices Market by Value
- Table 10: Global Asthma Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Billion)
- Table 11: Global Asthma Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Billion)
- 3.2.3 Global Obstructive Sleep Apnea Respiratory Care Medical Devices Market by Value
- Table 12: Global Obstructive Sleep Apnea Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Billion)
- Table 13: Global Obstructive Sleep Apnea Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Billion)
- 3.2.4 Global Obstructive Sleep Apnea Respiratory Care Medical Devices Market by Product Type (Therapeutic Devices, Sleep Apnea Masks, and Diagnostic Devices)
- Table 14: Global Obstructive Sleep Apnea Respiratory Care Medical Devices Market by Product Type; 2021 (Percentage, %)
- 3.2.5 Global Obstructive Sleep Apnea Therapeutic Devices Market by Value
- Table 15: Global Obstructive Sleep Apnea Therapeutic Devices Market by Value; 2017-2021 (US$ Billion)
- Table 16: Global Obstructive Sleep Apnea Therapeutic Devices Market by Value; 2022-2026 (US$ Billion)
- 3.2.6 Global Obstructive Sleep Apnea Masks Market by Value
- Table 17: Global Obstructive Sleep Apnea Masks Market by Value; 2017-2021 (US$ Million)
- Table 18: Global Obstructive Sleep Apnea Masks Market by Value; 2022-2026 (US$ Million)
- 3.2.7 Global Obstructive Sleep Apnea Diagnostic Devices Market by Value
- Table 19: Global Obstructive Sleep Apnea Diagnostic Devices Market by Value; 2017-2021 (US$ Million)
- Table 20: Global Obstructive Sleep Apnea Diagnostic Devices Market by Value; 2022-2026 (US$ Million)
- 3.2.8 Global Infectious Diseases Respiratory Care Medical Devices Market by Value
- Table 21: Global Infectious Diseases Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Billion)
- Table 22: Global Infectious Diseases Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Billion)
- 3.2.9 Global Other Respiratory Care Medical Devices Market by Value
- Table 23: Global Other Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Billion)
- Table 24: Global Other Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Billion)
- 3.3 Global Respiratory Care Medical Devices Market: Product Type Analysis
- 3.3.1 Global Respiratory Care Therapeutic Devices Market by Value
- Table 25: Global Respiratory Care Therapeutic Devices Market by Value; 2017-2021 (US$ Billion)
- Table 26: Global Respiratory Care Therapeutic Devices Market by Value; 2022-2026 (US$ Billion)
- 3.3.2 Global Respiratory Care Monitoring Devices Market by Value
- Table 27: Global Respiratory Care Monitoring Devices Market by Value; 2017-2021 (US$ Billion)
- Table 28: Global Respiratory Care Monitoring Devices Market by Value; 2022-2026 (US$ Billion)
- 3.3.3 Global Respiratory Care Diagnostic Devices Market by Value
- Table 29: Global Respiratory Care Diagnostic Devices Market by Value; 2017-2021 (US$ Billion)
- Table 30: Global Respiratory Care Diagnostic Devices Market by Value; 2022-2026 (US$ Billion)
- 3.3.4 Global Respiratory Care Consumables and Accessories Market by Value
- Table 31: Global Respiratory Care Consumables and Accessories Market by Value; 2017-2021 (US$ Billion)
- Table 32: Global Respiratory Care Consumables and Accessories Market by Value; 2022-2026 (US$ Billion)
- 3.4 Global Respiratory Care Medical Devices Market: End User Analysis
- 3.4.1 Global Hospitals Respiratory Care Medical Devices Market by Value
- Table 33: Global Hospitals Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Billion)
- Table 34: Global Hospitals Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Billion)
- 3.4.2 Global Home Care Settings Respiratory Care Medical Devices Market by Value
- Table 35: Global Home Care Settings Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Billion)
- Table 36: Global Home Care Settings Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Billion)
- 3.4.3 Global Ambulatory Care Centers Respiratory Care Medical Devices Market by Value
- Table 37: Global Ambulatory Care Centers Respiratory Care Medical Devices Market by
- Value; 2017-2021 (US$ Billion)
- Table 38: Global Ambulatory Care Centers Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Billion)
- 4. Regional Market Analysis
- 4.1 North America Respiratory Care Medical Devices Market: An Analysis
- 4.1.1 North America Respiratory Care Medical Devices Market by Value
- Table 39: North America Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Billion)
- Table 40: North America Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Billion)
- 4.1.2 North America Respiratory Care Medical Devices Market by Region (The US, Canada, and Mexico)
- Table 41: North America Respiratory Care Medical Devices Market by Region; 2021 (Percentage, %)
- 4.1.3 The US Respiratory Care Medical Devices Market by Value
- Table 42: The US Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Billion)
- Table 43: The US Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Billion)
- 4.1.4 Canada Respiratory Care Medical Devices Market by Value
- Table 44: Canada Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Million)
- Table 45: Canada Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Million)
- 4.1.5 Mexico Respiratory Care Medical Devices Market by Value
- Table 46: Mexico Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Million)
- Table 47: Mexico Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Million)
- 4.2 Europe Respiratory Care Medical Devices Market: An Analysis
- 4.2.1 Europe Respiratory Care Medical Devices Market by Value
- Table 48: Europe Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Billion)
- Table 49: Europe Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Billion)
- 4.2.2 Europe Respiratory Care Medical Devices Market by Region (Germany, The UK, France, Italy, Spain, and Rest of the Europe)
- Table 50: Europe Respiratory Care Medical Devices Market by Region; 2021 (Percentage, %)
- 4.2.3 Germany Respiratory Care Medical Devices Market by Value
- Table 51: Germany Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Billion)
- Table 52: Germany Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Billion)
- 4.2.4 The UK Respiratory Care Medical Devices Market by Value
- Table 53: The UK Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Million)
- Table 54: The UK Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Billion)
- 4.2.5 France Respiratory Care Medical Devices Market by Value
- Table 55: France Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Million)
- Table 56: France Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Million)
- 4.2.6 Italy Respiratory Care Medical Devices Market by Value
- Table 57: Italy Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Million)
- Table 58: Italy Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Million)
- 4.2.7 Spain Respiratory Care Medical Devices Market by Value
- Table 59: Spain Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Million)
- Table 60: Spain Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Million)
- 4.2.8 Rest of Europe Respiratory Care Medical Devices Market by Value
- Table 61: Rest of Europe Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Billion)
- Table 62: Rest of Europe Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Billion)
- 4.3 Asia Pacific Respiratory Care Medical Devices Market: An Analysis
- 4.3.1 Asia Pacific Respiratory Care Medical Devices Market by Value
- Table 63: Asia Pacific Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Billion)
- Table 64: Asia Pacific Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Billion)
- 4.3.2 Asia Pacific Respiratory Care Medical Devices Market by Region (China, Japan, India, South Korea, Australia, and Rest of the Asia Pacific)
- Table 65: Asia Pacific Respiratory Care Medical Devices Market by Region; 2021 (Percentage, %)
- 4.3.3 China Respiratory Care Medical Devices Market by Value
- Table 66: China Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Billion)
- Table 67: China Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Billion)
- 4.3.4 Japan Respiratory Care Medical Devices Market by Value
- Table 68: Japan Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Million)
- Table 69: Japan Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Million)
- 4.3.5 India Respiratory Care Medical Devices Market by Value
- Table 70: India Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Million)
- Table 71: India Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Million)
- 4.3.6 South Korea Respiratory Care Medical Devices Market by Value
- Table 72: South Korea Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Million)
- Table 73: South Korea Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Million)
- 4.3.7 Australia Respiratory Care Medical Devices Market by Value
- Table 74: Australia Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Million)
- Table 75: Australia Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Million)
- 4.3.8 Rest of Asia Pacific Respiratory Care Medical Devices Market by Value
- Table 76: Rest of Asia Pacific Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Million)
- Table 77: Rest of Asia Pacific Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Million)
- 4.4 Latin America Respiratory Care Medical Devices Market: An Analysis
- 4.4.1 Latin America Respiratory Care Medical Devices Market by Value
- Table 78: Latin America Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Billion)
- Table 79: Latin America Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Billion)
- 4.5 Middle East & Africa Respiratory Care Medical Devices Market: An Analysis
- 4.5.1 Middle East & Africa Respiratory Care Medical Devices Market by Value
- Table 80: Middle East & Africa Respiratory Care Medical Devices Market by Value; 2017-2021 (US$ Million)
- Table 81: Middle East & Africa Respiratory Care Medical Devices Market by Value; 2022-2026 (US$ Billion)
- 5. Impact of COVID-19
- 5.1 Impact of COVID-19
- 5.1.1 Impact of COVID-19 on Healthcare
- 5.1.2 Impact Of COVID 19 On Lungs
- Table 82: Impact Of COVID 19 On Lungs
- 5.1.3 Impact of COVID-19 on Respiratory Care Medical Device Market
- 6. Market Dynamics
- 6.1 Growth Drivers
- 6.1.1 Rapid Growth in Aging Population
- Table 83: Global Population by Age Group; 2016-2020 (Million)
- 6.1.2 High Prevalence of Respiratory Diseases
- Table 84: The US New Lung and Bronchus Cancer Cases in Major States, 2022 (Thousand)
- 6.1.3 Increasing Healthcare Expenditure
- Table 85: The US Health Consumption Expenditure as a Percentage of GDP; 2016-2021 (Percentage, %)
- 6.1.4 Rising Urbanization and Pollution Level
- Table 86: Global Urban Population as a Share of Total Population; 2016-2021 (Percentage, %)
- 6.1.5 High Prevalence of Smoking
- 6.1.6 Increasing Incidence of Pre-Term Births
- 6.1.7 Unhealthy Lifestyles
- 6.2 Challenges
- 6.2.1 Lack of Awareness of Respiratory Conditions
- 6.2.2 Excise Tax Levied on Devices
- 6.2.3 Stringent Regulations and RCP Licensing
- 6.2.4 Counterfeit Medical Devices
- 6.3 Market Trends
- 6.3.1 Growing Demand for Point-of-Care Diagnostic Devices
- Table 87: Global Point-of-Care/Rapid Diagnostics Market; 2017-2022
- (US$ Billion)
- 6.3.2 Integration of Artificial Intelligence (AI) in Respiratory Care
- Table 88: Global Market Size for Artificial Intelligence in Healthcare; 2016, 2017 & 2025 (US$ Billion)
- 6.3.3 Increasing Demand for Enhanced Portable Devices
- 6.3.4 Technological Advancements in Mechanical Ventilators
- 6.3.5 Advancements in Oxygen Therapy
- 7. Competitive Landscape
- 7.1 Global CPAP Mask Players by Market Share
- Table 89: Global CPAP Mask Players by Market Share; 2021 (Percentage, %)
- 7.2 Global CPAP Devices Players by Market Share
- Table 90: Global CPAP Devices Players by Market Share; 2021 (Percentage, %)
- 8. Company Profiles
- 8.1 Koninklijke Philips NV
- 8.1.1 Business Overview
- 8.1.2 Operating Segments
- Table 91: Koninklijke Philips NV Sales by Segments; 2021 (Percentage, %)
- 8.1.3 Business Strategy
- 8.2 Fisher & Paykel Healthcare
- 8.2.1 Business Overview
- 8.2.2 Revenue by Product Group
- Table 92: Fisher & Paykel Healthcare Revenue by Product Groups; 2022 (Percentage, %)
- 8.2.3 Business Strategy
- 8.3 ResMed Inc.
- 8.3.1 Business Overview
- 8.3.2 Financial Overview
- Table 93: ResMed Inc. Net Revenue by Segments; 2021 (Percentage, %)
- 8.3.3 Business Strategy
- 8.4 Invacare Corporation
- 8.4.1 Business Overview
- 8.4.2 Operating Segments
- Table 94: Invacare Corporation Revenue by Segments; 2021 (Percentage, %)
- 8.4.3 Business Strategy
- 8.5 Masimo Corporation
- 8.5.1 Business Overview
- 8.5.2 Operating Regions
- Table 95: Masimo Corporation Product Revenue by Region; 2022 (Percentage, %)
- 8.5.3 Business Strategy
- 8.6 Medtronic Plc
- 8.6.1 Business Overview
- 8.6.2 Operating Segments
- Table 96: Medtronic Plc Net Sales by Segments; 2021 (Percentage, %)
- 8.6.3 Business Strategies
- 8.7 Teleflex Incorporated
- 8.7.1 Business Overview
- 8.7.2 Operating Segments
- Table 97: Teleflex Incorporated Net Revenues by Segments; 2021 (Percentage, %)
- 8.7.3 Business Strategies
- 8.8 Drägerwerk AG & Co. KGaA
- 8.8.1 Business Overview
- 8.8.2 Operating Segments
- Table 98: Drägerwerk AG & Co. KGaA Net Sales by Division; 2021 (Percentage, %)
- 8.8.3 Business Strategies
- 8.9 Allied Healthcare Products Inc.
- 8.9.1 Business Overview
- 8.9.2 Net Sales by Product Lines
- Table 99: Allied Healthcare Products Inc. Net Sales by Product Line; 2021 (Percentage, %)
- 8.9.3 Business Strategies
- 8.10 React Health, Inc.
- 8.10.1 Business Overview
- 8.10.2 Business Strategies
- 8.11 Hamilton Medical AG
- 8.11.1 Business Overview
- 8.11.2 Business Strategy
- 8.12 Acare Technology Ltd.
- 8.12.1 Business Overview
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.