Respiratory Devices Industry Market Research & Statistics

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

(Photo: A. Norris)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.

 

  • Respironics is ResMed’s main competitor in the US market. Acquired by Philips in 2008, Respironics is headquartered in Massachusetts and launched the first continuous positive airway pressure (CPAP) machine in 1985. It offers respiratory and sleep solutions with a range of masks, continuous positive airway pressure devices, auto-CPAP and bi-level therapy systems. Respironics claims its system-one REMstar auto device to be over 25% quieter than competitor ResMed’s S9 autoset.

 

  • With headquarters in New Zealand and sales in over 120 countries, Fisher & Paykel Healthcare started in the respiratory devices market in 1971 by launching a respiratory humidifier system. The company currently offers products for respiratory care and the treatment of obstructive sleep apnea, including chambers, masks, generators and heated humidification solutions.

 

  • Other big names on the market are: Draegerwerk, Covidien, CareFusion Corporation and GE Healthcare.

 

 

 

 

Market Outlook

 

According to the World Health Organization’s Global Alliance Against Chronic Respiratory Diseases, there are more than 1 billion chronic respiratory disease sufferers throughout the world, accounting for 4 million deaths annually. Increasing levels of pollution coupled with a rise in poor lifestyle habits - such as smoking, unbalanced diet and lack of exercise - mean that respiratory diseases will likely continue to rise; consequently the market for respiratory devices shows solid growth potential.  

 

 

Leading Industry Associations

 

ReportLinker.com offers immediate download access to top market reports & statistics on the Respiratory Devices Industry from trusted sources.
1-10 of 89 reports

Respiratory Devices Industry in the US

  • January 2013
    6 pages
  • Respiratory Dev  

  • United States  

View report >

Respiratory Devices Industry in Indonesia

  • March 2015
    2 pages
  • Respiratory Dev  

  • Indonesia  

    Asia  

    Singapore  

View report >

Anaesthesia Industry in Nigeria

  • January 2015
    5 pages
  • Anaesthesia  

  • Nigeria  

View report >

Anesthetics Industry in Canada and the US

  • January 2015
    27 pages
  • Anesthetics  

    Anaesthesia  

    Medical  

  • Canada  

    United States  

View report >

Anesthetics Industry in Canada and the US

  • January 2015
    27 pages
  • Anesthetics  

    Anaesthesia  

    Medical  

  • Canada  

    United States  

View report >

Humidifier Industry in North America

  • January 2015
    3 pages
  • Humidifier  

    Anesthesia Devi  

View report >

Global Pulse Oximeter Market Trends

  • January 2015
    2 pages
  • Pulse Oximeter  

    Critical Care D  

    Healthcare  

  • World  

    Asia  

    Europe  

View report >

Medical Ventilator Industry in India

  • October 2014
    42 pages
  • Medical Ventila  

    Assisted Living  

  • India  

View report >

Respiratory Devices Statistics in Europe

  • September 2014
    4 pages
  • Europe  

    Germany  

View report >

Global Resuscitator Industry

  • August 2014
    10 pages
  • Critical Care D  

    Resuscitator  

  • World  

View report >


About 100 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 1 500 - $ 6 000)

Chinese Process Gas Compressors Market : Increasing Demand for Natural Gas Sustains Market Growth

Chinese Process Gas Compressors Market : Increasing Demand for Natural Gas Sustains Market Growth

  • $ 6 000
  • Industry report
  • January 2015
  • by Frost & Sullivan

Key Findings •The total Chinese process gas compressors market generated revenue of $ x million in 2014. The market is expected to grow at a compound annual growth rate (CAGR) of x % between 2014 to ...

World Airway Management Devices Industry

January 2015 $ 4 950

The Market For Home Care Products

December 2014 $ 3 995

China Gas Compressor Manufacturing Industry, 2015

January 2015 $ 3 600

China Metal Pressure Vessel Manufacturing Industry, 201 ...

January 2015 $ 3 600

Global Facial Interfaces Market 2015-2019

March 2015 $ 3 000

2015 Market Research Report On Global Spirometer Indust ...

March 2015 $ 2 600

2015 Market Research Report On Global Medical Oxygen Co ...

March 2015 $ 2 600

2015 Market Research Report On Global Anesthesia Machin ...

February 2015 $ 2 600

ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - quickly, in one place.