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Asia-Pacific Respiratory Devices Market - Segmented by Type and Geography - Growth, Trends, and Forecast (2018 - 2023)

Asia-Pacific Respiratory Devices Market - Segmented by Type and Geography - Growth, Trends, and Forecast (2018 - 2023)

The Asia-Pacific respiratory devices market is expected to register a CAGR of about 6.5%, during the forecast period. Respiratory devices serve as breathing devices for administering long-term artificial respiration. It may also include a breathing apparatus used for resuscitation by forcing oxygen into the lungs of a person who has undergone asphyxia or arrest of respiration.

Increased Disposable Income in Developing Nations

China and India are the most important emerging markets that will offer great opportunities for future growth in the industry. Although, the expansion of business activities in emerging markets is being driven by a number of factors, rise in disposable incomes is a major driving force for market growth. Many citizens in India are benefiting from higher disposable incomes, which enable access to high quality medical care. Unmet medical needs in emerging markets, such as India are expected to serve this market as future growth opportunities. Other factors include technological advancements in the device and rise in the number of Chronic Obstructive Pulmonary Disease patients (COPD), Tuberculosis (TB), and asthma and pneumonia cases

Increased Sophistication in the Usage of the Devices

Technology innovation makes it possible to help patients get well in many ways, which were not possible years ago. However, sophisticated medical equipment like mechanical ventilators, apnea monitors, and other devices require extensive education, instruction and knowledge for operation and mechanism of the equipment. Respiratory therapists are considered the go-to experts in their facilities for respiratory care technology. Furthermore, sophistication in home respiratory devices will be a major challenge for this market. Other restraints that will hinder market growth include cost and operational difficulty for the use of device.

India Shows Considerable Growth

There is a very high incidence of respiratory diseases in India. Rapid urbanization in the developing economy and the large amount of pollution contributes to this. About 2.5 - 5% of the population is reported to suffer from respiratory ailments, such as asthma. There is the presence of other respiratory diseases, such as chronic bronchitis, emphysema, and COPD. The awareness about diseases and healthcare facilities has increased, and government is investing in mitigating respiratory ailments. There is also a rise in the aging population, which is susceptible to such respiratory ailments. These factors, in turn drive the respiratory devices market in India.

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ATELEFLEX INC., amongst others.

Reasons to Purchase this Report

  • Current and future Asia-Pacific respiratory devices market outlook in the developed and emerging markets
  • Analysis of various perspectives of the market with the help of Porter’s five forces analysis
  • The segment that is expected to dominate the market
  • Regions that are expected to witness fastest growth during the forecast period
  • Identify the latest developments, market shares, and strategies employed by the major market players
  • 3 months analyst support, along with the Market Estimate sheet (in Excel)
Please note: This publisher does offer titles that are created upon receipt of order. If you are purchasing a PDF Email Delivery option above, the report will take approximately 2 business days to prepare and deliver.

1. Introduction
1.1 Market Definition
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview
5.1 Current Market Scenario
5.2 Porter's Five Forces Analysis
5.2.1 Bargaining Power of Suppliers
5.2.2 Bargaining Power of Consumers
5.2.3 Threat of New Entrants
5.2.4 Threat of Substitute Product and Services
5.2.5 Competitive Rivalry Within the Industry
6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
6.1 Market Drivers
6.1.1 Rise In The Number Of Chronic Obstructive Pulmonary Disease Patients (COPD), Tb, And Asthma And Pneumonia Cases
6.1.2 Technological Advancements In The Device
6.1.3 Increased Disposable Income
6.2 Market Restraints
6.2.1 Cost and Operational Difficulty for the Use of Device
6.2.2 Increased Sophistication in the Usage Of The Device
6.3 Opportunities
6.4 Key Challenges
7. Market Segmentation
7.1 By Type
7.1.1 By Diagnostic and Monitoring Devices Spirometers Sleep Test Devices Peak Flow Meters Pulse Oximeter Capnographs
7.1.2 By Therapeutic Devices CPAP Devices BI-PAP Devices Humidifiers Nebulizers Oxygen Concentrators Ventilators Inhalers Resuscitators
7.1.3 By Disposables Cannulas Tubes Filters Breathing Circuits
7.2 By Geography
7.2.1 North America United States Canada Mexico
7.2.2 Europe France Germany United Kingdom Italy Spain Rest Of Europe
7.2.3 Asia-Pacific China Japan India Australia & New Zealand South Korea Rest of Asia-Pacific
7.2.4 Middle East & Africa GCC South Africa Rest of the Middle East & Africa
7.2.5 South America Brazil Argentina Rest of South America
8. Competitive Landscape
8.1 Mergers & Acquisition Analysis
8.2 Agreements, Collaborations, and Partnerships
8.3 New Products Launches
9. Key Players
9.1 3M
9.2 Airsep Corp
9.3 AstraZeneca PLC
9.4 Bomimed Inc
9.5 Chart Industries Inc.
9.6 Covidien PLC
9.7 Dragerwerk AG
9.8 GE Healthcare
9.9 GlaxoSmithKline
9.10 Intersurgical Ltd
9.11 Invacare
9.12 Medtronic
9.13 Philips Healthcare
9.14 Resmed Inc.
9.15 Teleflex Inc
9.16 List Not Exhaustive
10. Future of the Market

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