A respiratory device is a medical device used to provide medication or
assist a patient who is having difficulty in breathing and cannot achieve
adequate oxygen levels to maintain life. Patients with respiratory disorders
such as cystic fibrosis, asthma, COPD, and ARDS require the need of respiratory
devices. The medication is delivered in the form of mist inhaled into the
lungs. In general, for medication a mouthpiece or mask is placed to the mouth
through which the patient slowly breathes until all the medicine is inhaled
while for breathing problems the device is placed in a room to expel warm or
cool mist into the air. Certain devices such as mechanical ventilators are
connected through an endotracheal tube placed in the patient’s trachea
(windpipe); this is known as an invasive ventilator. Some of the latest
mechanical ventilators assist breathing through a mask or mouthpiece
(non-invasive ventilators).
Analysts forecast the Global Respiratory
Device market will grow at a CAGR of 7.36 percent over the period
2014-2018.
The Report recognizes the following companies as the key players in the
Global Respiratory Devices Market :
Covidien Plc., Fisher & Paykel Healthcare Corporation , Philips
Respironics, ResMed Inc. , Acoma Medical Industry Co. Ltd.., Briggs Healthcare
Inc., Bunnell Inc. , Clement ClarkeInternational Ltd. , Drager Medical GmbH, ,
GE Healthcare Ltd. , Hamilton Medical AG, , Mindray Medical International Ltd.,
Salter Labs Inc., ., Smiths Medical , Teleflex Inc.
The Healthcare industry has witnessed a paradigm shift from providing
hospital care to home healthcare over the last decade. This has led to the
development of portable respiratory devices by the vendors in the market. To
reduce hospital costs, there has been a growing trend of shifting such patients
to non-hospital settings. The increasing adoption of portable respiratory
devices by patients makes them feel better and improves their quality of life.
Covered in this
Report
This report covers the present scenario and the growth prospects of the
Global Respiratory Device market for the period 2014-2018. The Global
Respiratory Device market can be segmented into products available in the
market: Positive Airway Pressure Devices, Mechanical Ventilators, Nebulizers,
0xygen Concentrators, and Humidifiers. These products are again differentiated
on a technology basis.
Global Respiratory Device Market 2014-2018, has been prepared based on an
in-depth market analysis with inputs from industry experts. The report covers
the Americas, and the EMEA and APAC regions; it also covers the Global
Respiratory Device market landscape and its growth prospects in the coming
years. The report also includes a discussion of the key vendors operating in
this market.
According to the report, several drivers support the growth of the Global
Respiratory Devices market. One of the major drivers in this market is the
increasing aging population. The aging population is more susceptible to
respiratory diseases with growing age. Globally, about 300 million suffer from
OSA, the prevalence of which increases with age, reaching 30-70 percent of the
elderly population.
Further, the report states that despite the presence of several drivers,
the Global Respiratory Devices market faces some serious challenges. Lack of
awareness on the choice of appropriate respiratory drug delivery devices is one
of the major challenges affecting the market.
