(Companies Covered: ResMed. Inc., Medtronic PLC, Massimo Corporation, Fisher & Paykel Healthcare Limited, Koninklijke Philips N.V., Smiths Medical, GE Healthcare, Chart Industries, Philips Healthcare, Becton Dickinson and Company, Abbott Laboratories, Thermo Fisher Scientific Inc., Alere Inc., Teleflex Incorporated, General Electric Healthcare Limited, Invacare Corporation, Vyaire Medical Inc, Dragerwerk AG & Co. KGaA,)
The global respiratory devices and equipment (diagnostic) market is expected to decline from $6.09 billion in 2019 to $5.8 billion in 2020 at a compound annual growth rate of -4.65%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $7.37 billion in 2023 at a compound annual growth rate of 8.29%.
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The respiratory devices and equipment (diagnostic) market consist of sales of diagnostic respiratory devices and equipment and related services by entities (organizations, sole traders, and partnerships) that manufacture respiratory devices and equipment. Respiratory devices and equipment are used in the diagnosis of respiratory disorders such as asthma, cystic fibrosis, and chronic obstructive pulmonary disease. Only goods and services traded between entities or sold to end consumers are included.
Global Respiratory Devices And Equipment (Diagnostic) Market Segmentation –
1) By Product: Instruments And Devices, Assays And Reagents,
2) By Test Type: Traditional Diagnostic Tests, Mechanical Tests, Imaging Tests, Molecular Diagnostic Tests
3) By Disease Type: Chronic Obstructive Pulmonary Disease, Lung Cancer, Asthma, Tuberculosis, Other Diseases,
4) By End User: Hospital/Clinical Laboratories, Physician Offices, Reference Laboratories, Other End Users.
Global Respiratory Devices And Equipment (Diagnostic) Market Driver –
Companies in the market are increasingly investing in portable and wireless diagnostic respiratory devices. The trend is being driven by the ease of handling, cost-effectiveness, advanced features of these devices, and their suitability for use at home care organizations.
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Few Points From The Global Respiratory Devices And Equipment (Diagnostic) Market TOC:
1. Executive Summary
2. Respiratory Devices And Equipment (Diagnostic) Market Characteristics
3. Respiratory Devices And Equipment (Diagnostic) Market Size And Growth
3.1. Global Respiratory Devices And Equipment (Diagnostic) Historic Market, 2015 – 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Respiratory Devices And Equipment (Diagnostic) Forecast Market, 2019 – 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Respiratory Devices And Equipment (Diagnostic) Market Segmentation
4.1. Global Respiratory Devices And Equipment (Diagnostic) Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
4.2. Global Respiratory Devices And Equipment (Diagnostic) Market, Segmentation By Test Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
4.3. Global Respiratory Devices And Equipment (Diagnostic) Market, Segmentation By Disease Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
4.4. Global Respiratory Devices And Equipment (Diagnostic) Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5. Respiratory Devices And Equipment (Diagnostic) Market Regional And Country Analysis
5.1. Global Respiratory Devices And Equipment (Diagnostic) Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Respiratory Devices And Equipment (Diagnostic) Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
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