United States Respiratory Care Device Market By Product Type (Therapeutic Devices, Monitoring Devices, Diagnostic Devices, Consumables & Accessories) By Indication (Chronic Obstructive Pulmonary Disease, Sleep Apnea, Asthma, Infectious Diseases, Others) By End User (Hospitals & Clinics, Ambulatory Care Centers, Others) By Company, By Region, Forecast & Opportunities, 2027

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.

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]