The world respiratory devices market is characterized with the
presence of several market players of many different sizes. Many
medium and small sized players operate in certain segments of the
market. The emphasis of those eminent market players pertaining to
this market is to extract benefits of new technologies so as to
improve upon their already existing products and also to expand and
diversify company product portfolios.
Lately, there has been a rising incidences of asthma, chronic
obstructive pulmonary disease, and other breathing related medical
conditions and the same are considered as the major growth promoting
factors for the international market for respiratory devices. Such
medical conditions are associated with the rising level of all forms
of pollution, expanding population of smokers and tobacco consumers,
and ever-changing conditions of the environmental. According to the
records of World Health Organization, chronic obstructive pulmonary
disease is responsible for around 3 million deaths worldwide in the
year 2015. It is about 5% of the all the deaths worldwide in the year
2015.
As per the study by Transparency Market Research, the said market is
anticipated to obtain a market valuation of US$22.1 bn towards the
end of 2025. The market is expected to rise at 6.1% CAGR throughout
the period of forecast, from 2017 to 2025.
Enquiry for discount on this report @
https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=28073
The said world market has been classified into the prime geographical
zones of Latin America, North America, Europe, Middle East and Africa
and Asia Pacific. From the geographical point of view, the region of
North America, amongst all of these regions, has been leading market
in 2016. The region is still anticipated to continue with its current
leading position until the year 2025. Centers for Disease Control and
Prevention mention that more than 16 million Americans in the United
States are suffering from various respiratory disorders like chronic
obstructive pulmonary disease, heart diseases, and lung cancer owing
to widespread smoking.
India and China back the lucrative market opportunity in Asia
Pacific. The region is prophesized to exhibit a steady growth rate at
6.5% CAGR during the timeframe of forecast, from 2017 to 2025.
Extremely high level of pollution because of relentless and rapid
urbanization and industrialization are contributing towards the
soaring prevalence of many forms of respiratory diseases in the
region.
Enquiry for discount on this report @
https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=28073
The authors of this publication attribute several factors such as
rising prevalence of chronic obstructive pulmonary disease, asthma,
and the like as the main growth contributing factors for the world
market for respiratory device. There has been an astounding rise in
the level of air, water and all other forms of environmental
pollution worldwide together with phenomenal rise in the number of
smokers and tobacco consumers. These factors have been driving the
said market. However, most of the casualties that are associated
with respiratory disorders take place in the middle and low income
group. Moreover, a large part of the young population suffers from
such respiratory illness and as such they are contributing towards
the growth of the market.
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
Email:
sales@transparencymarketresearch.com
Website:
https://www.transparencymarketresearch.com
No comments:
Post a Comment