1. Market Research
  2. > Healthcare
  3. > Medical Device Market Trends
  4. > Respiratory Device

Respiratory Equipment: Get Market Research and Figures

  • Currently 5/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
6 votes

Global Respiratory Device Industry

The worldwide market for respiratory devices had an estimated worth of $4.5 billion in 2010, according to Global Data, with forecasts predicting a $2.6 billion increase in revenue by 2017 for a 7% yearly growth rate.

Demand for respiratory devices is fuelled by rising cases of respiratory illnesses, primarily sleep apnea, asthma and chronic obstructive pulmonary disease (such as chronic bronchitis and emphysema), which have increased due to higher levels of air pollution. Currently the world’s fifth most-common cause of death and the root of almost 25% of respiratory deaths in the UK, chronic obstructive pulmonary disease is forecast to become the third-biggest killer worldwide by 2020, says the British Lung Foundation.

Asthma has equally become more and more prevalent over the past four decades, with 300 million people estimated to suffer from the condition throughout the world – or a 50% increase each decade. In the US alone, 10% of the population is asthmatic. According to a leading industry journal, asthma represents a yearly expense of between $300-$1,300 per patient. Outside of the US, asthma is also on the rise, with even higher incidences in other countries such as the UK, New Zealand, Australia and Ireland (where close to 15% of the population is estimated to suffer from asthma) and Canada (at just over 14%).  In developed countries, asthma claims 1% to 2% of governmental healthcare spending; in the EU, spending on asthma reaches almost $22 billion annually.

Key Respiratory Devices

Respiratory devices on the market include ventilators, inhalers, oxygen concentrators, aerosol therapy nebulizers and positive airway pressure devices:

Ventilators are machines that are inserted into the trachea and help patients breathe by chest expansion or lowering the diaphragm to bring air to the lungs.

Inhalers and nebulizers allow patients to inhale medicine to relieve symptoms of respiratory illness such as shortness of breath.

Oxygen concentrators provide a supply of oxygen to facilitate breathing with built-in sensors to monitor oxygen purity.

Positive airway pressure (PAP) devices are electronic pre-dosed pressure delivery systems that provide patients with upper airway pressure flow to keep airways open in the treatment of sleep apnea. PAP devices constitute the most sizeable segment of the overall market for respiratory devices, representing 58% of total profits in 2010, according to Global Data.

 Therapeutic Respiration Apparatus Trade

Regional Market Leader

Targeting regional market share, the US constitutes the largest region in the respiratory devices market, with worth at $2.4 billion. This figure is estimated to rise to $4 billion by 2017 at a yearly growth rate of 8%.  

Industry Leaders

The world leader in respiratory devices is ResMed, which holds 14% of the global market as well as approximately 40% of the world sleep apnea device market. Headquartered in San Diego, the company specializes in devices used to treat sleep-disordered breathing, which it estimates affects up to 20% of adults. ResMed’s product range includes continuous positive airway pressure devices (S9 Elite, S9 Escape), humidifiers, and its trademark slimline and climateline tubes. It also invests 6% of its profits in product R&D.

Read more ยป

Share
24/7 Customer Support

Talk to Sam

+1 718 473 0872

1-10 of 79 reports

Respiratory Device Industry in the US

  • July 2016
    9 pages
  • Therapy  

  • United States  

View report >

Global Respiratory Device Industry - Forecast

  • January 2017
    3 pages
  • Respiratory Dis...  

    Respiratory Mon...  

  • World  

    United States  

    Asia  

View report >

Health Care Provider Industry in the US

  • August 2016
    6 pages
  • Health Care Pro...  

    Medical Ventila...  

    Bipolar Disorde...  

  • United States  

View report >

Medical Ventilator Industry in the US

  • August 2016
    12 pages
  • Medical Ventila...  

  • United States  

View report >

Retail Sales Markets in the US

  • July 2016
    4 pages
  • Retail Sales  

    Oxygen Device  

  • United States  

View report >

Medical Ventilator Statistics

  • July 2016
    3 pages
  • Medical Ventila...  

View report >

Medical Ventilator Industry in South Korea

  • May 2016
    4 pages
  • Medical Ventila...  

    Hospital  

  • South Korea  

View report >

Respiratory Device Industry in the US

  • May 2016
    29 pages
  • United States  

View report >

Cooling System Industry in United Arab Emirates

  • April 2016
    10 pages
  • Cooling System  

    Ventilation Sys...  

    HVAC  

  • United Arab Emi...  

    United Kingdom  

View report >

Search in Respiratory Device Industry (79 reports)
Parent industry: Medical Device
Related industries: In Vitro Diagnostics, Diagnostic Imaging, Cardiovascular Devices, Orthopedics, Surgical Equipment, Dialysis Device, Endoscopic Device, Patient Monitoring

About 300 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 995 - $ 5795)

Medical Oxygen Concentrators Market - Global Industry Analysis, Size, Share, Volume, Growth, Trends, and Forecast 2016 - 2024

Medical Oxygen Concentrators Market - Global Industry Analysis, Size, Share, Volume, Growth, Trends, and Forecast 2016 - 2024

  • $ 5795
  • Industry report
  • January 2017
  • by Transparency Market Research

Global Medical Oxygen Concentrators Market: Overview Medical oxygen concentrators are used by patients suffering from COPD and other respiratory diseases. Patients having low level of oxygen in their blood ...

Pulmonary/ Respiratory Drug Delivery Market By Formulat ...

February 2017 $ 5650

Airway Management Devices Market Analysis By Product (s ...

February 2017 $ 4950

Growth Opportunities In The Global Respiratory Care Dev ...

February 2017 $ 4850

Opportunity In Anesthesia And Respiratory Devices In Gl ...

March 2017 $ 4500

Opportunity In Respiratory Care Devices In Global Marke ...

March 2017 $ 4500

Opportunity In Neonatal Ventilator Market In India - 20 ...

March 2017 $ 4500

Global Respiratory Devices Market Growth, Trends & Fore ...

February 2017 $ 4250

Global Chronic Obstructive Pulmonary Disorder Market - ...

February 2017 $ 4250

Global Incubators Devices Market - Segmented By Applica ...

February 2017 $ 4250

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.