Figuratively
representing the lucrativeness of the global respiratory monitoring
devices market, a fresh business intelligence study done at the
headquarters of Transparency Market Research (TMR) has detected that
the competitive landscape is fairly fragmented, owing to the presence
of a number of domestic and International players. That being said, a
few players such as Carefusion Corporation, ResMed, Inc., Smiths
Medical, and Masimo Corporation do hold a position of strength in the
global respiratory monitoring market, staying ahead of the curve as a
result of their impressive product portfolio, strategic acquisitions,
and constant bid to expand geographically. It must be noted that in
late 2016, Becton, Dickinson and Company acquired CareFusion
Corporation and now has started a joint venture with Apax Partners,
giving birth to Vyaire Medical.
Request Sample
for more Comprehensive Analysis @
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1415
Although a fairly
new player in terms of name but certainly not in experience, Vyaire
Medical is now bidding for the pole position in the global
respiratory monitoring market. The company manufactures more than
27,000 unique products for monitoring, treatment, and diagnosis of
respiratory conditions. On the other hand, Smiths Medical oozes from
a highly impressive product portfolio and technological expertise.
Portex® is the brand that the company operates with, offering
products such as active humidification systems, bronchial hygiene,
lung expansion, and suction catheters.
As per the
projections provides in the TMR report, the demand in the global
respiratory monitoring devices market will expand at a formidable
CAGR of 8.27% during the forecast period of 2017 to 2023.
Revenue-wise, the analyst has estimated that the opportunities in
respiratory monitoring devices market, worldwide, will translate into
US$2,795.4 mn by the end of 2023, considerably more than the market’s
evaluated worth of US$1,735.7 mn as of 2017.
Enquire for
Discount @
https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=1415
Based on product,
the TMR report segments the market for respiratory monitoring devices
into pulse oximeter, capnographs, spirometer, and peak flow meter.
The report also gauges the potential of demand that can be expected
out of the end users: hospitals, laboratories, and home use.
Geographically, North America, Asia Pacific, and Europe have been
highlighted as three regions that will maintain a strong inflow of
demand throughout the forecast period of 2017 to 2023.
The strong
prevalence of respiratory diseases such as asthma, chronic
obstructive pulmonary disease (COPD), and occupational lung diseases
is the primary factor that is driving the demand in the respiratory
monitoring devices market. Some of the common causes of respiratory
diseases are tobacco smoking, indoor and outdoor air pollution,
allergens, and workplace risks and vulnerabilities. In addition to
that, technological advancements have paved way for efficient
monitoring of the conditions and the products are getting adopted
readily in the developed parts of the world. According to the
American Academy of Allergy, there will be more than 100 million
people suffering from asthma across the world by 2025. Additionally,
geriatric population is increasing. This potential patient pool is
expected to be a boon for the market.
Request TOC of
the Report for Complete Review @
https://www.transparencymarketresearch.com/report-toc/1415
Although cost
factors are hindering the proliferation of respiratory monitoring
devices in a number of emerging economies, improving healthcare
infrastructure in BRICS nations is expected to open vast new
opportunities in the near future.
About Us
Transparency Market
Research is a next-generation market intelligence provider, offering
fact-based solutions to business leaders, consultants, and strategy
professionals.
Our reports are
single-point solutions for businesses to grow, evolve, and mature.
Our real-time data collection methods along with ability to track
more than one million high growth niche products are aligned with
your aims. The detailed and proprietary statistical models used by
our analysts offer insights for making right decision in the shortest
span of time. For organizations that require specific but
comprehensive information we offer customized solutions through adhoc
reports. These requests are delivered with the perfect combination of
right sense of fact-oriented problem solving methodologies and
leveraging existing data repositories.
TMR believes that
unison of solutions for clients-specific problems with right
methodology of research is the key to help enterprises reach right
decision.
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