COPD and Asthma Diagnostic and Monitoring Devices Market: Current Analysis and Forecast (2021-2027)

COPD and Asthma Diagnostic and Monitoring Devices Market: Current Analysis and Forecast (2021-2027)

Asthma and Chronic obstructive pulmonary disease (COPD) devices are mainly used as rescue therapy for diseases related to respiration. Asthma and COPD both show similar kinds of symptoms such as wheezing, coughing, and shortness of breath. However, COPD generally outlines progressive respiratory diseases such as chronic bronchitis and emphysema. Moreover, there are decreased levels of respiratory airflow and the inflammation of airway tissues in the case of COPD. According to the National Institutes of Health (NIH), more than 16 million Americans are suffering from the chronic obstructive pulmonary disease (COPD).

The demand for COPD and Asthma Diagnostic and Monitoring Devices is increasing on account of the rising incidence of Asthma and COPD cases, rise in the aging population, rising prevalence of tobacco smoking, increase in Urbanization and pollution, increase in the preterm birth cases, and lifestyle changes. Furthermore, the increase in government initiatives and the increase in focus of pharmaceutical companies to manufacture an advanced and portable inhalation device also drive the market growth.

Insights Presented in the Report

“Amongst Therapeutic devices, Inhaler segment holds the major share.”

Based on Therapeutic devices, the market is fragmented into Ventilator, Mask, PAP (Positive airway pressure) Device, Inhaler, and Nebulizer. Inhalers segment is expected to dominate the market in the upcoming period owing to no need for patient coordination, and ease to use. Inhalers are generally of two types metered-dose inhalers (MDIs) and dry-powder inhalers (DPIs). MDI provides slow deep inhalation and is propellant based while DPI provides rapid deep inhalation and is non-propellant-based. For instance, German Remedies launched “Novolizer” is a (DPI) approved for use with salbutamol (albuterol) and budesonide, for the treatment of Asthma and COPD attacks.

“Amongst Monitoring devices, pulse oximeters is anticipated to grow at the highest CAGR during the analyzed period.”

Based on Monitoring devices, the market is segmented into Pulse Oximeters, Capnography, and Gas Analyzers. The pulse oximeters segment is expected to dominate the market owing to its fast and accurate results. Furthermore, the rising awareness regarding the applications of a pulse oximeter in Covid-19 management and the high prevalence of respiratory diseases also propels the market growth. As per Worldometer (May 2021), there are around 22,992,517 covid-19 cases in India which demand pulse oximeter devices.

Amongst Diagnostic devices, the Peak Flow Meter segment holds the major share”

Based on Diagnostic devices, the market is fragmented into Spirometers, Polysomnography (PSG) Devices, Peak Flow Meters, and Other Diagnostic Devices. Peak flow Meter devices are expected to dominate the market in the upcoming period owing to their lightweight, easy to handle, and portable. Furthermore, these devices can be connected remotely for the diagnosis of respiration rate. For instance, “The Microlife PF 100” is a digital measuring device for the detection of peak expiratory flow (PEF) as well as forced expiratory volume for the monitoring of respiration rate in asthmatic patients.

Amongst Indication, the Asthma segment holds the major share”

Based on Indication, the market is segmented into Asthma and COPD. The Asthma sub-segment is expected to dominate the market owing to the rise in outdoor and indoor causative agents such as allergens, dust, and pollution. As per World Health Organization (2019), Asthma affected an estimated 262 million people in 2019 and caused 461000 deaths, worldwide.

Amongst End-user, the Homecare segment holds the major share”

Based on End-user, the market is fragmented into Homecare, Hospitals, Clinics, and Other end-users. Hospital sub-segment is expected to dominate the market owing to an increase in the number of patients suffering from respiratory diseases, a rise in government initiatives, and advancements In technology in terms of COPD and asthma devices.

“North America signifies one of the largest markets and Europe is expected to be the fastest-growing markets of COPD and Asthma Diagnostic and Monitoring Devices Market.”

For a better understanding of the market dynamics of the COPD and Asthma Diagnostic and Monitoring Devices Market, a detailed analysis was conducted for different regions across the globe including North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America dominated the market and generated revenue of USD XX billion in 2020 owing to the government support for advanced research and development in the field of COPD and Asthma devices and increasing awareness regarding the benefits offered by these devices.

Reasons to buy this report:

  • The study includes market sizing and forecasting analysis validated by authenticated key industry experts
  • The report presents a quick review of overall industry performance at one glance
  • The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments
  • Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry
  • The study comprehensively covers the market across different segments
  • Deep dive regional level analysis of the industry


1 MARKET INTRODUCTION
1.1 Market Definitions
1.2 Limitations
1.3 Stake Holders
1.4 Currency Used in Report
2 RESEARCH PROCESS & RESEARCH METHODOLOGY
2.1 Research Process of the COPD and Asthma Diagnostic and Monitoring Devices Market
2.2 Research Methodology of the COPD and Asthma Diagnostic and Monitoring Devices Market
2.3 Forecasting Method
2.4 Respondent Profile
2.5 Main Objective of the COPD and Asthma Diagnostic and Monitoring Devices Market Study
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 GLOBAL COPD AND ASTHMA DIAGNOSTIC AND MONITORING DEVICES MARKET ANALYSIS 2019-27F
6 MARKET INSIGHTS BY THERAPEUTIC DEVICES
6.1 Ventilator
6.2 Mask
6.3 PAP (Positive Airway Pressure) Device
6.4 Inhaler
6.5 Nebulizer
7 MARKET INSIGHTS BY MONITORING DEVICES
7.1 Pulse Oximeters
7.2 Capnographs
7.3 Gas Analysers
8 MARKET INSIGHTS BY DIAGNOSTIC DEVICES
8.1 Spirometers
8.2 Polysomnography (PSG) Devices
8.3 Peak Flow Meters
8.4 Other Diagnostic Devices
9 MARKET INSIGHTS BY INDICATION
9.1 Asthma
9.2 COPD
10 MARKET INSIGHTS BY END-USER
10.1 Homecare
10.2 Hospitals
10.3 Clinics
10.4 Other end-users
11 MARKET INSIGHTS BY REGION
11.1 NORTH AMERICA COPD AND ASTHMA DIAGNOSTIC AND MONITORING DEVICES MARKET
11.1.1 United States
11.1.2 Canada
11.1.3 Rest of North America
11.2 EUROPE COPD AND ASTHMA DIAGNOSTIC AND MONITORING DEVICES MARKET
11.2.1 Germany
11.2.2 France
11.2.3 United Kingdom
11.2.4 Italy
11.2.5 Spain
11.2.6 Rest of Europe
11.3 ASIA PACIFIC COPD AND ASTHMA DIAGNOSTIC AND MONITORING DEVICES MARKET
11.3.1 China
11.3.2 Japan
11.3.3 India
11.3.4 Australia
11.3.5 Rest of Asia Pacific
11.4 REST OF WORLD COPD AND ASTHMA DIAGNOSTIC AND MONITORING DEVICES MARKET
12 Demand and Supply Side Analysis
12.1 Demand Side Analysis
12.2 Supply Side Analysis
12.1.1 Top Product Launches
12.1.2 Top Business Partnerships
12.1.3 Top Business Exapnsions, Investments and Diverstitures
12.1.4 Top Merger and Acquisitions
13 Value Chain Analysis
14 Global COPD and Asthma Diagnostic and Monitoring Devices Market Trends & Insights
15 Global COPD and Asthma Diagnostic and Monitoring Devices Market Dynamics
15.1 Drivers
15.2 Challenges
15.3 Impact Analysis
16 Global COPD and Asthma Diagnostic and Monitoring Devices Market Opportunities
17 Competitive Scenario
18 Company Profiled
18.1 Drägerwerk AG & CO KGAA
18.2 Getinge AB
18.3 Invacare Corporation
18.4 Masimo Corporation
18.5 Vyaire Medical Inc
18.6 Koninklijke Philips NV
18.7 Becton Dickinson And Company
18.8 Nihon Kohden Corporation
18.9 Smiths Medical
18.10 Medtronic plc
19 Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings