Dublin, Aug. 08, 2017 (GLOBE NEWSWIRE) -- The "Global Respiratory Diagnostic and Monitoring Device Market Size, Share, Development, Growth and Demand Forecast to 2022" report has been added to Research and Markets' offering.
The global respiratory diagnostic and monitoring device market was valued at $4,348.1 million in 2015, and it is expected to grow at a CAGR of 8.1% during 2016 - 2022.
The technological advancement in respiratory monitoring and diagnosis devices, increasing prevalence of respiratory diseases, growing geriatric population and high prevalence of tobacco smoking are the key factors driving the growth of the global market.
The key opportunity witnessed in the global market is huge growth potential in emerging economies. However, low adoption rate of expensive respiratory diseases, and lack of awareness are expected to hamper the growth of the global market to some extent.
Among the different end user of respiratory diagnostic and monitoring device, the home care market would witness fastest growth during the forecast period. Growing geriatric population and increasing demand for home care are the major factors driving the growth of the respiratory diagnostic and monitoring device in home care market.
North America accounted for the largest share in the global market in 2015 and it is expected to grow at the considerable rate during the forecast period. The factors driving the respiratory diagnostic and monitoring device market in the region are growing geriatric population, increasing prevalence of respiratory disease, and high adoption of technologically advanced respiratory diagnostic and monitoring devices. Europe was the second largest market for respiratory diagnostic and monitoring device in 2015. The European market is primarily driven by rapid urbanization, technological advancement of devices, increasing prevalence of respiratory diseases, increasing healthcare expenditure, and high pollution level.
The respiratory diagnostic and monitoring device market in Asia-Pacific would witness highest growth during the forecast period. The highest growth in the region is attributed to the large pool of patients, increasing prevalence of respiratory disease, growing geriatric population, high pollution level, rapid urbanization, increasing healthcare expenditure, high prevalence of tobacco smoking, and changing lifestyle in the region. The emerging economies of Asia, especially China and India, offers huge revenue generation opportunities for the key players.
Some of the major players operating in the global respiratory diagnostic and monitoring device market include General Electric Company, Masimo Corporation, Hamilton Medical AG, Koninklijke Philips N.V, and Medtronic plc.
Key Topics Covered:
1. Research Scope And Methodology
1.1 Market Definition
1.2 Research Scope
1.3 Research Methodology And Sources
2. Executive Summary
2.1 Key Findings
2.2 Research Summary
3. Market Outlook
3.1 Introduction
3.2 Opportunities In The Global Respiratory Diagnostic And Monitoring Device Market
3.2.1 Increasing Demand For Point-Of-Care Diagnosis
3.2.2 Growing Healthcare Market In Developing Countries
3.3 Factors Driving The Growth Of The Market And Its Impact On Market Forecast
3.3.1 High Prevalence Of Respiratory Disease
3.3.2 Growing Geriatric Population
3.3.3 High Prevalence Of Smoking
3.3.4 Rapid Urbanization And Increasing Pollution Level
3.3.5 Increasing Healthcare Expenditure
3.3.6 Impact Analysis Of Drivers On Market Forecast
3.4 Factors Hindering Growth Of The Market And Its Impact On Market Forecast
3.4.1 Availability Of Low Cost Products From Local Manufacturers
3.4.2 Strict Regulatory Requirements
3.4.3 Impact Analysis Of Restraints On Market Forecast
4. Global Respiratory Diagnostic And Monitoring Device Market Size And Forecast (2012-2022)
4.1 Global Respiratory Diagnostic And Monitoring Device Market, By Type
4.2 Global Respiratory Diagnostic And Monitoring Device Market, By End User
4.3 Global Respiratory Diagnostic And Monitoring Device Market, By Region
5. Global Respiratory Diagnostic And Monitoring Device Market, By Type
5.1 Spirometer Market
5.2 Capnograph Market
5.3 Gas Analyzer Market
5.4 Pulse Oximeter Market
6. Global Respiratory Diagnostic And Monitoring Device Market, By End User
6.1 Respiratory Diagnostic And Monitoring Device Market In Hospital
6.2 Respiratory Diagnostic And Monitoring Device Market In Home Care
7. Global Respiratory Diagnostic And Monitoring Device Market, By Geography
8. Competitive Analysis
8.1 Porters Five Forces Of Competitive Position Analysis
8.2 Competitive Positioning Of The Global Respiratory Diagnostic And Monitoring Device Market
9. Company Profiles And Strategic Developments
- Becton Dickinson And Company
- Drgerwerk AG & Co. KGAA
- General Electric Company
- Koninklijke Philips N.V.
- MGC Diagnostics Corporation
- Masimo Corporation
- Medtronic Plc
- Nihon Kohden Corporation
- Smiths Group Plc
For more information about this report visit https://www.researchandmarkets.com/research/g6gsjv/global