Respiratory Monitoring Devices Global Market Report 2020-30: Covid 19 Implications and Growth
April 2020
200
About the Report
About the Report
Major players in the respiratory monitoring devices market are Covidien, GE Healthcare, Philips Healthcare, ResMed, Siemens Healthcare, Merck & Co., Calando Pharmaceuticals, Quark Pharmaceuticals, Sirnaomics Inc., and Traversa Therapeutics.
The global respiratory monitoring devices market is expected to grow from USD 4.5 billion in 2019 to about USD 9 billion in 2020 as hospitals across the globe are increasing their installed base of these equipment due to their demand in the treatment of Covid-19 patients. The market is expected to stabilize and reach USD 6.2 billion at a CAGR of 8.6% through 2023.
The market for respiratory monitoring devices is experiencing an exponential growth due to the Covid-19 pandemic. The fact that Covid-19 is essentially a respiratory ailment has boosted the use of respiratory monitoring devices, to monitor the physiological functions of lungs during Covid-19 treatment.
The respiratory monitoring devices market consists of sales of respiratory monitoring devices used to monitor respiration related parameters that aid the detection of acute or chronic respiratory disorders. The respiratory monitoring devices establishments are primarily engaged in the manufacturing of Capnographs, Gas Analyzers, Pulse Oximeters, Peak Flow Meters, Spirometers, and Polysomnographs.
North America was the largest region in the respiratory monitoring devices market in 2019.
Longer duration of time taken in the approval process of respiratory devices is restricting the growth of respiratory monitoring devices market. Before a new respiratory device is introduced to the market, it takes 7.2 months for the FDA approval process, which adds to the development costs to be borne by device manufacturers, thus acting as a restraint to the market growth. To reduce incidences associated with the respiratory devices and ensure that the devices are safe and have least adverse reactions, regulatory authorities such as Medicines and Healthcare products Regulatory Agency (MRHA) in the UK regulates and monitors the devices by restricting devices for use and sending field safety notices to correct the devices. These stringent approval processes and regulatory policies may impact the respiratory monitoring devices market.
The companies in the market are increasingly launching smart respiratory monitoring devices to diagnose and monitor number of respiratory diseases. These smart respiratory monitoring devices are Bluetooth-enabled which can be connected to smartphones to continuously monitor the vital respiratory parameters. For instance, in 2018, Nuva Air, a Swedish digital health startup launched a smart device, Air Next, that monitors all the vital respiratory parameters in patients with asthma and other respiratory diseases.
Rising rate of chronic respiratory diseases is expected to drive the respiratory monitoring devices market in near future. The chronic respiratory diseases such as asthma, bronchitis, pneumonia and others resulting from different bacterial and viral infections will boost the demand of respiratory monitoring devices. For instance, in the USA, 25 million people are currently suffering from Asthma while 14 million people suffer from COPD. The respiratory monitoring devices such as spirometers and pulse oximeters act as essential devices to monitor vital respiratory parameters.
Products
Products
1) By Type: Capnographs; Gas Analyzers; Pulse Oximeters; Peak Flow Meters; Spirometers; Polysomnographs; Others; 2) By End-User: Laboratories; Hospitals; Home use
Companies
Covidien; GE Healthcare; Philips Healthacare; Resmed; Siemens Healthcare; Merck & Co.; Calondo Pharmaceuticals; Quark Pharmaceuticals; Sirnaomics Inc.; Traversa Therapeutics; CareFusion Corporation; Smiths Medical; Masimo Corporation; COSMED
Table of Contents
Table of Contents
1. Executive Summary
2. Respiratory Monitoring Devices Market Characteristics
3. Respiratory Monitoring Devices Market Size And Growth
3.1. Global Respiratory Monitoring Devices Historic Market, 2015-2019, USD Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Respiratory Monitoring Devices Forecast Market, 2019-2023F, 2025F, 2030F, USD Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Respiratory Monitoring Devices Market Segmentation
4.1. Global Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Capnographs
Gas Analyzers
Pulse Oximeters
Peak Flow Meters
Spirometers
Polysomnographs
Others
4.2. Global Respiratory Monitoring Devices Market, Segmentation By End-User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Laboratories
Hospitals
Home use
5. Respiratory Monitoring Devices Market Regional And Country Analysis
5.1. Global Respiratory Monitoring Devices Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
5.2. Global Respiratory Monitoring Devices Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
6. Asia-Pacific Respiratory Monitoring Devices Market
6.1. Asia-Pacific Respiratory Monitoring Devices Market Overview
6.2. Asia-Pacific Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
7. China Respiratory Monitoring Devices Market
7.1. China Respiratory Monitoring Devices Market Overview
7.2. China Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,USD Billion
8. India Respiratory Monitoring Devices Market
8.1. India Respiratory Monitoring Devices Market Overview
8.2. India Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
9. Japan Respiratory Monitoring Devices Market
9.1. Japan Respiratory Monitoring Devices Market Overview
9.2. Japan Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
10. Australia Respiratory Monitoring Devices Market
10.1. Australia Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
11. Indonesia Respiratory Monitoring Devices Market
11.1. Indonesia Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
12. South Korea Respiratory Monitoring Devices Market
12.1. South Korea Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
13. Western Europe Respiratory Monitoring Devices Market
13.1. Western Europe Respiratory Monitoring Devices Market Overview
13.2. Western Europe Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
14. UK Respiratory Monitoring Devices Market
14.1. UK Respiratory Monitoring Devices Market Overview
14.2. UK Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
15. Germany Respiratory Monitoring Devices Market
15.1. Germany Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
16. France Respiratory Monitoring Devices Market
16.1. France Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
17. Eastern Europe Respiratory Monitoring Devices Market
17.1. Eastern Europe Respiratory Monitoring Devices Market Overview
17.2. Eastern Europe Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
18. Russia Respiratory Monitoring Devices Market
18.1. Russia Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
19. North America Respiratory Monitoring Devices Market
19.1. North America Respiratory Monitoring Devices Market Overview
19.2. North America Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
20. USA Respiratory Monitoring Devices Market
20.1. USA Respiratory Monitoring Devices Market Overview
20.2. USA Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
21. South America Respiratory Monitoring Devices Market
21.1. South America Respiratory Monitoring Devices Market Overview
21.2. South America Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
22. Brazil Respiratory Monitoring Devices Market
22.1. Brazil Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
23. Middle East Respiratory Monitoring Devices Market
23.1. Middle East Respiratory Monitoring Devices Market Overview
23.2. Middle East Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
24. Africa Respiratory Monitoring Devices Market
24.1. Africa Respiratory Monitoring Devices Market Overview
24.2. Africa Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
25. Respiratory Monitoring Devices Market Competitive Landscape And Company Profiles
25.1. Respiratory Monitoring Devices Market Competitive Landscape
25.2. Respiratory Monitoring Devices Market Company Profiles
25.2.1. Covidien
25.2.1.1. Overview
25.2.1.2. Products and Services
25.2.1.3. Strategy
25.2.1.4. Financial Performance
25.2.2. GE Healthcare
25.2.2.1. Overview
25.2.2.2. Products and Services
25.2.2.3. Strategy
25.2.2.4. Financial Performance
25.2.3. Philips Healthacare
25.2.3.1. Overview
25.2.3.2. Products and Services
25.2.3.3. Strategy
25.2.3.4. Financial Performance
25.2.4. Resmed
25.2.4.1. Overview
25.2.4.2. Products and Services
25.2.4.3. Strategy
25.2.4.4. Financial Performance
25.2.5. Siemens Healthcare
25.2.5.1. Overview
25.2.5.2. Products and Services
25.2.5.3. Strategy
25.2.5.4. Financial Performance
26. Key Mergers And Acquisitions In The Respiratory Monitoring Devices Market
27. Respiratory Monitoring Devices Market Trends And Strategies
28. Respiratory Monitoring Devices Market Future Outlook and Potential Analysis
29. Appendix
29.1. Abbreviations
29.2. Currencies
29.3. Research Inquiries
29.4. The Business Research Company
29.5. Copyright And Disclaimer
List of Figure
Figure 1: Global Historic Market Growth, 2015-2019, USD Billion
Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 3: Global Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 4: Global Respiratory Monitoring Devices Market, Segmentation By End-User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 5: Global Respiratory Monitoring Devices Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 6: Global Respiratory Monitoring Devices Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 7: Asia-Pacific, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 8: China, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 9: India, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 10: Japan, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 11: Australia, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 12: Indonesia, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 13: South Korea, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 14: Western Europe, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 15: UK, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 16: Germany, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 17: France, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 18: Eastern Europe, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 19: Russia, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 20: North America, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 21: USA, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 22: South America, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 23: Brazil, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 24: Middle East, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 25: Africa, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 26: Covidien Financial Performance
Figure 27: GE Healthcare Financial Performance
Figure 28: Philips Healthacare Financial Performance
Figure 29: Resmed Financial Performance
Figure 30: Siemens Healthcare Financial Performance
List of Table
Table 1: Global Historic Market Growth, 2015-2019, USD Billion
Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 3: Global Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 4: Global Respiratory Monitoring Devices Market, Segmentation By End-User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 5: Global Respiratory Monitoring Devices Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 6: Global Respiratory Monitoring Devices Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 7: Asia-Pacific, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 8: China, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 9: India, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 10: Japan, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 11: Australia, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 12: Indonesia, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 13: South Korea, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 14: Western Europe, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 15: UK, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 16: Germany, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 17: France, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 18: Eastern Europe, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 19: Russia, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 20: North America, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 21: USA, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 22: South America, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 23: Brazil, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 24: Middle East, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 25: Africa, Respiratory Monitoring Devices Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 26: Covidien Financial Performance
Table 27: GE Healthcare Financial Performance
Table 28: Philips Healthacare Financial Performance
Table 29: Resmed Financial Performance
Table 30: Siemens Healthcare Financial Performance
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