Australia respiratory care devices market
is anticipated to reach an exponential growth in the upcoming five years. The
market growth can be attributed to the factors like sudden outbreak of the
COVID-19 pandemic. Respiratory care devices are in the overdrive of the sale
due to the patients demand toward the treatment. COVID-19 is a respiratory
failure causing virus. The new strain of the virus broke out in China in the
month of December 2020.
In next three months, March 2021 World Health
Organization announced the diseases as a pandemic that affected all the
countries of the world. The virus causes a respiratory failure where the
patient’s lungs get clogged, and the respiratory system of the patient weakens
and ultimately shuts down causing the death. Moreover, the geriatric population
of the country is rising at a rapid rate. The geriatric population is more
susceptible to the respiratory failure, and more prone to cardiovascular
diseases. Even after the post-surgery rehabilitation, the patient requires
respiratory care devices to monitor the conditions of the lungs and heart.
Thereby supporting the growth of the Australia respiratory care devices market
in the next five years, until 2027.
The
Australia respiratory care devices market is segmented by product type, indication, end user,
competitive landscape, and regional distribution. Based on the product type,
the market is further fragmented into therapeutic devices, monitoring devices,
diagnostic devices, and consumables & accessories.
Therapeutic devices are
anticipated to hold the largest share of the market. The market owes its growth
to the highest sales of the inhalers that are categorized as
one of the medical devices under therapeutic devices. The rising number of the
respiratory diseases and surge in the number of COVID-19 patients is
responsible for the maximum sales of the inhalers. The therapeutic devices are
sub-segmented into ventilators, pap devices, nebulizers, oxygen concentrators,
humidifiers, inhalers, and others.
Some of the top players in the Australia
respiratory care devices market are, GE Healthcare
Australia Pty Ltd., Medtronic Australasia Pty Ltd, ResMed Inc (Australia), Koninklijke
Philips N.V. (Australia), Invacare Australia, Draeger Australia Pty. Ltd., Fisher
& Paykel Healthcare Pty Limited, Omron Healthcare Australia, 3M Australia, Masimo
Australia Pty. Ltd., among others. The companies are involving themselves into
research and development for the methods of better quality, to provide better
products.
Objective
of the Study:
- To
analyze the historical growth in the
market size of Australia respiratory care devices market from 2017 to 2021.
- To
estimate and forecast the market size of Australia respiratory care
devices market from 2022 to 2027 and growth rate until 2027.
- To classify and
forecast Australia respiratory care devices market based on product type,
indication, end user, regional distribution, and competitive landscape.
- To identify dominant region or segment in the Australia respiratory
care devices market.
- To
identify drivers and challenges for Australia respiratory care devices
market.
- To
examine competitive developments such as expansions, new product launches,
mergers & acquisitions, etc., in Australia respiratory care devices market.
- To identify and analyze the profile
of leading players operating in Australia respiratory care devices market.
- To identify key sustainable strategies adopted by market players in
Australia respiratory care devices 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, suppliers, and service providers across the country.
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 manufactures which could not be identified due to the limitations of
secondary research. TechSci Research analyzed the manufactures, distribution
channels and presence of all major players across the country.
TechSci Research calculated the market size of Australia respiratory care devices 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 devices manufacturers, end users, and other
stakeholders
- Distributers and suppliers of the products and other stakeholders
- Organizations, forums, and alliances related to respiratory care
devices products
- Market research and consulting firms
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as manufacturers,
suppliers, 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
|
Australia
Capital Territory & New South Wales, Northern Territory & Southern
Australia, Western Australia, Queensland, Victoria & Tasmania
|
|
Key
Companies Profiled
|
GE
Healthcare Australia Pty Ltd., Medtronic Australasia Pty Ltd, ResMed Inc
(Australia), Koninklijke Philips N.V. (Australia), Invacare Australia,
Draeger Australia Pty. Ltd., Fisher & Paykel Healthcare Pty Limited,
Omron Healthcare Australia, 3M Australia, Masimo Australia Pty. Ltd
|
|
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, Australia respiratory care devices market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- Australia Respiratory
Care Devices Market, By Product Type:
- Therapeutic Devices
- Monitoring Devices
- Diagnostic Devices
- Consumables & Accessories
- Australia Respiratory
Care Devices Market, By Indication:
- Chronic Obstructive Pulmonary Disease
- Sleep Apnea
- Asthma
- Infectious Diseases
- Others
- Australia Respiratory Care Devices Market,
By End User:
o Hospitals & Clinics
o Ambulatory Care Centers
o Others
- Australia Respiratory Care Devices Market,
By Region:
- Northern Territory
- Queensland
- New South Wales
- Tasmania
- Victoria
- South Australia
- Western Australia
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Australia Respiratory Care Devices 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).
Australia Respiratory Care
Devices 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]