Global Respiratory Monitoring Devices Market Key Opportunities And Strategies For 2022-2026
The Business Research Company’s Respiratory Monitoring Devices Global Market Report 2022 : Market Size, Trends, And Forecast To 2026
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The Business Research Company's "Respiratory Monitoring Devices Market Report 2022” forecasts the respiratory monitoring devices market share to reach a value of $1.32 billion in 2022 at a compound annual growth rate (CAGR) of 12.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The respiratory monitoring devices market is expected to grow to $1.84 billion in 2026 at a CAGR of 8.8%.
The market for respiratory monitoring devices is experiencing exponential growth due to the COVID-19 pandemic.
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Respiratory Monitoring Devices Market Trends
The companies in the market are increasingly launching smart respiratory monitoring devices to diagnose and monitor some respiratory diseases. These smart respiratory monitoring devices are Bluetooth-enabled and can be connected to smartphones to continuously monitor vital respiratory parameters. For instance, in November 2019, Lupin Limited, an India-based pharmaceutical company, introduced Adhero, a new connected smart device for metered-dose medications. This first-of-its-kind technology is intended to help people with chronic respiratory illnesses monitor their use of MDI and to promote enhanced therapy adherence.
Respiratory Monitoring Devices Market Overview
The respiratory monitoring devices market consists of sales of respiratory monitoring devices used to monitor respiration-related parameters that aid the detection of acute or chronic respiratory disorders.
The main types of respiratory monitoring devices are capnographs, gas analyzers, pulse oximeters, peak flow meters, spirometers, polysomnography, and others. Capnographs are monitoring devices that measure the concentration of carbon dioxide in exhaled air and display a numerical readout and waveform tracing. The various applications involved are chronic obstructive pulmonary disease (COPD), infectious diseases, asthma, and others that are used by end-users such as laboratories, hospitals, and home use.
Learn more on the global respiratory monitoring devices market report at:
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Respiratory Monitoring Devices Global Market Report 2022 from TBRC covers the following information:
Market Segmentation
By Type: Capnographs, Gas Analyzers, Pulse Oximeters, Peak Flow Meters, Spirometers, Polysomnographs, Others Types
By End-User: Laboratories, Hospitals, Home Use
By Application: Chronic Obstructive Pulmonary Disease (COPD), Infectious Diseases, Asthma, Others.
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America holds the largest share in the market.
Market Size Data
Forecast period: Historical and Future
By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
By countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Major market players such as Covidien, GE Healthcare, Philips Healthcare, ResMed, Siemens Healthcare, Merck & Co., Calando Pharmaceuticals, Quark Pharmaceuticals, Sirnaomics Inc, and Traversa Therapeutics.
Trends, opportunities, strategies and so much more.
Respiratory Monitoring Devices Global Market Report 2022 is one of The Business Research Company’s comprehensive reports that provides respiratory monitoring devices market outlook, in-depth respiratory monitoring devices market research. The market report analyzes respiratory monitoring devices global market size, respiratory monitoring devices global market segments, respiratory monitoring devices global market growth drivers, respiratory monitoring devices global market growth across geographies, and respiratory monitoring devices global market competitors’ revenues and market positioning. The report enables you to gain insights on opportunities and strategies, as well as identify countries and segments with the highest growth potential.
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