Report Description

United States respiratory care device market is expected to grow at a significant rate during the forecast period. Increasing prevalence of respiratory devices due to rising pollution levels and is a major driver for respiratory care device market growth. High preference for smoking is adversely affecting the respiratory system of the citizens. Rapid industrialization and urbanization are responsible for releasing high level of greenhouse gases into the environment is contributing significantly to the respiratory care device market growth. Increasing incidences of pre-term births is boosting the demand for respiratory care devices. Surge in proliferation of infectious diseases such as novel coronavirus which leads to high fever, coughing, sneezing and shortness of breath is affecting the proper functioning of respiratory systems which requires the respiratory care devices for treatment of the patients. Surge in demand for ventilators and personal protection equipment is leading to support form the government and the leading industries to increase the pace of respiratory care devices manufacturing thereby accelerating the growth of the market for the forecast period.

United States respiratory care device market is segmented into product type, indication, end user, regional distribution, and company. Based on the end user, market is further divided into hospitals & clinics, ambulatory care centers and others. The hospitals & clinics segment is expected to account for major market share for the forecast period, 2023-2027. Developed healthcare sector in United States along with reimbursement policies for availing healthcare services is driving the respiratory care devices market. Increase in number of patients getting admitted into the hospitals and continuous research and development for upgradation of healthcare infrastructure is fueling the growth of the market.

The major players operating in the United States respiratory care device market are GE Healthcare, Philips Healthcare (USA), Medtronic USA, Inc, ResMed Inc (United States), Invacare Corporation, Draeger Inc., Masimo Corporation, Omron Healthcare Inc., Siemens Medical Solutions USA Inc., Fischer & Paykel Healthcare, Inc, among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Objective of the Study:

  • To analyze the historical growth of the market size of United States respiratory care device market from 2017 to 2020.
  • To estimate and forecast the market size of United States respiratory care device market from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast United States respiratory care device market based on product type, indication, end user, regional distribution, and company.
  • To identify dominant region or segment in the United States respiratory care device.
  • To identify drivers and challenges for United States respiratory care device market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States respiratory care device market.
  • To identify and analyze the profile of leading players operating in United States respiratory care device market.
  • To identify key sustainable strategies adopted by market players in United States respiratory care device market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of United States respiratory care device market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Respiratory care device manufacturing companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums, and alliances related to respiratory care device market.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022E

Forecast Period

2023F – 2027F

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Product Type

·         Indication

·         End User

Region Scope

South-Region, West-Region, Mid-West Region & Northeast-Region

Key Companies Profiled

GE Healthcare, Philips Healthcare (USA), Medtronic USA, Inc, ResMed Inc (United States), Invacare Corporation, Draeger Inc., Masimo Corporation, Omron Healthcare Inc., Siemens Medical Solutions USA Inc., Fischer & Paykel Healthcare, Inc.

Customization Scope

10% free report customization with purchase. Addition or alteration to regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, United States respiratory care device market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         United States Respiratory Care Device Market, By Product Type:

    • Therapeutic Devices
    • Monitoring Devices
    • Diagnostic Devices
    • Consumables & Accessories
  • United States Respiratory Care Device Market, By Indication:
    • Chronic Obstructive Pulmonary Disease
    • Sleep Apnea
    • Asthma
    • Infectious Diseases
    • Others
  • United States Respiratory Care Device Market, By End User:
    • Hospitals & Clinics
    • Ambulatory Care Centers
    • Others
  • United States Respiratory Care Device Market, By Region:
    • South
    • West
    • Mid-West
    • North East

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in United States respiratory care device market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

United States Respiratory Care Device market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on United States Respiratory Care Device Market

4.    Executive Summary

5.    Voice of Customers

6.    United States Respiratory Care Device Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Product Type (Therapeutic Devices, Monitoring Devices, Diagnostic Devices, Consumables & Accessories)

6.2.2.     By Indication (Chronic Obstructive Pulmonary Disease, Sleep Apnea, Asthma, Infectious Diseases, Others)

6.2.3.     By End User (Hospitals & Clinics, Ambulatory Care Centers, Others)

6.2.4.     By Region

6.2.5.     By Company (2021)

6.3.  Product Market Map

7.    United States Respiratory Care Therapeutic Devices Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type (Ventilators, Pap Devices, Nebulizers, Oxygen Concentrators, Humidifiers, Inhalers, Others)

7.2.2.     By End User (Hospitals & Clinics, Ambulatory Care Centers, Others)

8.    United States Respiratory Care Monitoring Devices Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type (Pulse Oximeters, Gas Analyzers, Capnographs)

8.2.2.     By End User (Hospitals & Clinics, Ambulatory Care Centers, Others)

9.    United States Respiratory Care Diagnostic Devices Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Type (Spirometers, Peak Flow Meters, Polysomnography (Psg) Devices)

9.2.2.     By End User (Hospitals & Clinics, Ambulatory Care Centers, Others)

10.  United States Respiratory Care Consumables & Accessories Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Type (Masks, Breathing Circuits, Disposable Resuscitators, Others)

10.2.2.  By End User (Hospitals & Clinics, Ambulatory Care Centers, Others)

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends & Developments

13.  Policy & Regulatory Landscape

14.  United States Economic Profile

15.  Competitive Landscape

15.1.              Competition Outlook

15.2.              Company Profiles

15.2.1.  GE Healthcare

15.2.2.  Philips Healthcare (USA)

15.2.3.  Medtronic USA, Inc

15.2.4.  ResMed Inc (United States)

15.2.5.  Invacare Corporation

15.2.6.  Draeger Inc.

15.2.7.  Masimo Corporation

15.2.8.  Omron Healthcare Inc.

15.2.9.  Siemens Medical Solutions USA Inc.

15.2.10.                Fischer & Paykel Healthcare, Inc.

 16. Strategic Recommendations

Figures and Tables

Frequently asked questions

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Increasing cases of pulmonary failure, increasing pollution levels in the country, and sedentary lifestyles are some of the major factors driving the growth of the United States respiratory care devices market in the forecast years, 2023-2027.

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GE Healthcare, Philips Healthcare (USA), Medtronic USA, Inc, ResMed Inc (United States), Invacare Corporation, Draeger Inc., among others are some of the leading companies dedicated toward providing related products and services and support the future growth of the United States respiratory care devices market in the upcoming five years.

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New market players may invest actively in research and innovative product development. Also, advancing their existent technology according to evolving consumer preferences along with merger and acquisitions with the global giants can be viable strategic recommendations for the future brand establishments

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The United States respiratory care devices market analysis was analyzed for the five historical years from 2017 to 2020. Keeping the base year 2020 as the margin, the estimation for the year 2022 was made and further market growth is predicted for the forecast years, 2023 to 2027.

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Sakshi Bajaal

Business Consultant
Press Release

COPD segment to dominate the United States Respiratory Care device Market

Jul, 2021

Increasing prevalence of respiratory disease and rising geriatric population is expected to drive the demand for United States respiratory care device market for the forecast period.