Press Releases
Respiratory Monitoring Devices Market to Attain a Value of US$ 2.79 Billion Until 2023

Respiratory Monitoring Devices Market

, 14 March 2018 -- Global respiratory monitoring devices market was valued at US$1.4 bn in 2014 which is projected to reach US$2.8 bn by 2023 at a CAGR of 8.2% from 2015 to 2023

The global respiratory monitoring devices market has a fragmented competitive landscape with a handful of leading companies taking up the chief portion of the share in the market, states Transparency Market Research (TMR) in a research report. The remaining shares of the market is marked by a large pool of small sized players. Of all the multinational companies operating in the market, ResMed, Inc., Smiths Medical, and CareFusion Corporation held a collaborative share of 54.2% in 2014. As mentioned earlier, the fragmented nature of the market is likely to give rise to intense rivalry over the coming years. The nature of the market is also exponentially dynamic and is a present controlled by the robust rate of the technological development in the gadgets.

Request for Sample Copy of Report @

According to a TMR analyst, “The global market for respiratory monitoring devices is likely to rise at an 8.2% over the forecast period of 2015-2023. In 2016, the market was worth US$1.60 bn and is likely to touch a valuation of US$2.79 bn by the end of 2023.” Based on end user, the market was led by hospitals both in terms of revenue generation and growth rate. This segment is likely to witness an 8.3% CAGR from 2015 to 2023. The medical devices and healthcare industries of Asia Pacific are at present encountering a high rate of improvement. The blasting economy of nations, such as India and China, the developing government support towards human services improvement, the high thickness of populace in these nations, and the developing pattern of medical tourism are for the most part in charge of drawing out the more prominent interest for respiratory monitoring devices.

"The essential driver for an extensive demand for respiratory monitoring devices is the developing necessity for keeping an extensive volume of these gadgets in the market. Most medical gadgets are delivered on a premise of need and there is surely a significantly more noteworthy requirement for respiratory monitoring devices than some time recently. Organization related with public health, for instance, the American Academy of Allergy, Asthma, and Immunology, the CDC, and the American Lung Association are for the most part revealing insight into the developing predominance of patients with respiratory issues. This is genuine particularly for COPD and asthma," expresses a TMR expert.

Enquiry for discount on this report @

Two variables in charge of this are the developing number of geriatrics on the planet alongside the developing fuse of negative way of life propensities, for instance, smoking.

The rate of mechanical progression in respiratory monitoring devices is high, in this manner enabling players to keep a dynamic yield. An extensive extent of respiratory monitoring devices makers is additionally bolstered by significant governments, along these lines enabling them to approach examine and grew all the more effectively.

The cost of cutting edge spirometry devices is high in contrast with peak flow meters and pulse oximeters. This dissimilarity in costs is sufficient to hinder a lion's share of patients to adhere to the last gadgets instead of go for cutting edge ones. Also, the establishment of cutting edge respiratory monitoring devices requires gifted experts, the absence of whom is further adding to the strain of giving them.

There is at present an expansive undiscovered market for respiratory monitoring devices in the creating economies. All inclusive conspicuous players can take more notice of districts, for instance, Latin America and Asia Pacific to take advantage of their expanding demand.

Report Overview @

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

# # #

Submitted by hawer on Wednesday, 14 March 2018 at 1:00 PM
Category: Health Care & Medical
Related News

Radiation Dose Management Market to Register CAGR of Over 9.0% from 2017 to 2025
Tuesday, 20 Mar 2018

Breast Imaging Equipment Market Segmentation Detailed Study with Forecast to 2025
Tuesday, 20 Mar 2018

Joint Reconstruction Device Market Review with Forecast Research Report 2017 - 2025
Tuesday, 20 Mar 2018

Venturi Mask Market Latest Report with Forecast to 2025
Tuesday, 20 Mar 2018

B-Type Natriuretic Peptide Testing Market by Application, Trends and Growth Rate to 2019
Tuesday, 20 Mar 2018

Related Events

Imaging in Hawaii
Monday, 19 Mar 2018

9th Proactive GCP Compliance
Monday, 19 Mar 2018

The International ADHD Congress (ADHD 2018)
Monday, 19 Mar 2018

ICI Boston Summit
Monday, 19 Mar 2018

ISPE 2018 Europe Annual Conference
Monday, 19 Mar 2018

Latest News

Transporting Seniors Is Made Easier And Professional By Care Conextion
Wednesday, 21 Mar 2018

Kugali Anthology Project On Kickstarter Generates Global Interest On African Tales
Wednesday, 21 Mar 2018

Product sampling New York to establish trust
Wednesday, 21 Mar 2018

Radiation Dose Management Market to Register CAGR of Over 9.0% from 2017 to 2025
Tuesday, 20 Mar 2018

Kugali Anthology Kickstarter Project Wins Remarkable Feedback From Contributors
Tuesday, 20 Mar 2018

Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Wednesday, 21 March 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Consumer Technology
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
News & Media
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!

Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.

  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.

  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Argus California Carbon and LCFS Summit
  • Imaging in Hawaii
  • 9th Proactive GCP Compliance
  • The International ADHD Congress (ADHD 2018)
  • ICI Boston Summit

  • Latest Jobs
    Sorry, there are currently no entries posted here.