Therapeutic Respiratory Devices Market Is Projected To Grow Rapidly Due To Growing Geriatric Population Base Till 2025: Grand View Research, Inc.
The
global therapeutic respiratory devices market is
anticipated to reach USD 18.0 billion by 2025, according to a new report by
Grand View Research, Inc. Growing geriatric population base, rising prevalence
of respiratory diseases, and rapid technological advancements are the key
factors that are driving the market growth.
The
therapeutic respiratory devices market growth is anticipated to increase due to
rapid technological advancements in the market.Now-a-days, the respiratory
monitoring devices utilize software applications for the collection and
analysis of data from ventilators equipped across the health system. The tools
in the software application allow improvised patient monitoring by the
measurement of parameters such as process and clinical variation in the
ventilator therapy.
Furthermore,
waveform capnography is a useful technical advancement in monitoring the carbon
dioxide levels. The launch of new products such as automated and stand-alone
pressure controller for mechanical ventilators boost the growth of therapeutic
respiratory devices market. These pressure controllers enable reduction in the
risk of tracheal injuries and Ventilator Associated Pneumonia (VAP).
For
instance, in May 2015, Fischer and Paykel launched its new product AIRVO Nasal
High Flow System, which provides comfort and stability for patients. It has
soft contoured cheek pads and prongs, uninterrupted power supply transport, and
tube technology with two way spiral design. The company also offers humidifier
with integrated flow generator, which delivers high flows of air mixture to
spontaneously breathing patient. Such factors are bolstering the growth of the
market.
Browse full
research report on Therapeutic Respiratory Devices Market:
www.grandviewresearch.com/industry-analysis/therapeutic-respiratory-devices-market
Further key findings from the study suggest:
- Positive airway pressure devices accounted for
the largest share in 2016 owing to technological innovations resulting in
increased portability and shelf life.
- HEPA filter technology accounted for the
largest share in 2016, due to the prevalence of respiratory diseases &
their transmission coupled with technological advancements in this
segment.
- Humidifiers is anticipated to be the fastest
growing segment in the forecast period owing to the rising demand for
humidifiers in hospitals, schools, home, & healthcare entities, and
increased prevalence of airborne infections such as tuberculosis.
- North America therapeutic respiratory devices market
is the largest market and is expected to maintain its position over the
forecast period owing to the presence of large geriatric population base
and rising prevalence of chronic respiratory diseases.
- Major players of the market include, Carefusion
Corporation, GE Heathcare, AirSep Corporation, Philips Healthcare, Smiths
Medical and Covidien PLC.
Browse more
reports of this category by Grand View Research: www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the global therapeutic respiratory
devices market on the basis of product, technology, filters, and region:
Therapeutic
Respiratory Devices Product Type Outlook (Revenue, USD Million, 2014 -
2025)
- Nebulizers
- Compressor-based
nebulizers
- Piston
based hand held nebulizer
- Ultrasonic
Nebulizer
- Humidifiers
- Heated
humidifiers
- Passover
humidifiers
- Integrated
humidifiers
- Built-In
humidifiers
- Stand-alone
humidifiers
- Oxygen
Concentrators
- Fixed
oxygen concentrators
- Portable
oxygen concentrators
- Positive
Airway Pressure Devices
- Continuous
positive airway pressure devices
- Auto-titrating
positive airway pressure devices
- Bi-level
positive airway pressure devices
- Ventilators
- Adult
ventilators
- Neonatal
ventilators
- Capnographs
- Gas
Analyzers
Therapeutic
Respiratory Devices Technology Outlook (Revenue, USD Million, 2014 - 2025)
- Electrostatic
Filtration
- HEPA
filter technology
- Hollow
fiber filtration
- Microsphere
separation
Therapeutic
Respiratory Devices Filters Outlook (Revenue, USD Million, 2014 - 2025)
- Nebulizer
filters
- Inlet
filter
- Replacement
filter
- Cabinet
filter
- Humidifier
filters
- Wick
filters
- Permanent
cleanable filters
- Mineral
absorption pads
- Demineralization
cartridges
- Positive
airway pressure devices filter
- Ultra
fine foam inlet filters
- Polyester
non-woven fiber filters
- Acrylic
& Polypropylene fiber filters
- Oxygen
concentrator filters
- HEPA
filter
- Cabinet
filter
- Pre-Inlet
filter
- Inlet
filter
- Micro
disk filter
- Felt
intake filter
- Bacterial
filter
- Hollow-membrane
filter
- Ventilator
filters
- Mechanical
filters
- HEPA
Filters
- ULPA
Filters
- Activated
carbon filters
- Electrostatic
filters
- Tribocharged
filters
- Fibrillated
filters
Therapeutic
Respiratory Devices Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North
America
- U.S.
- Canada
- Europe
- Spain
- Germany
- France
- Italy
- Switzerland
- Asia
Pacific
- India
- China
- Japan
- Latin
America
- Brazil
- Mexico
- MEA
- South
Africa
Access
Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-therapeutic-respiratory-devices-market
About Grand
View Research:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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