Respiratory Care Devices Market Projected to be 21.9 Billion USD by 2020

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MarketsandMarkets Presents
Respiratory Care Devices Market worth 21.9
Billion USD by 2020
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spiratory-care-368.html
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The report Respiratory Care Devices Market by
Product (Therapeutic (Ventilator, Mask, PAP
Device, Inhaler, Nebulizer), Monitoring (Pulse
Oximeter, Capnograph), Diagnostic, Consumables
Accessories), by End User (Hospital, Home Care) -
Global Forecast to 2020,the global respiratory
care devices market is estimated to reach USD
21.9 Billion by 2020 at a CAGR of 9.6 during the
forecast period of 2015 to 2020 Browse 190
tables and 44 figures spread through 240 Pages
and in-depth TOC on "Respiratory Care Devices
Market by Product (Therapeutic (Ventilator, Mask,
PAP Device, Inhaler, Nebulizer), Monitoring
(Pulse Oximeter, Capnograph), Diagnostic,
Consumables Accessories), by End User
(Hospital, Home Care) - Global Forecast to
2020 http//www.marketsandmarkets.com/Market-Rep
orts/respiratory-care-368.html
 
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• Respiratory care is a health specialty that
  provides diagnostic evaluation, management,
  control, therapy, and monitoring of respiratory
  diseases and disorders. Typically, the market
  players focus on specific product segments such
  as therapeutics, monitoring, and diagnostics.
  This has created market leaders in various
  product segments. Covidien plc (Ireland) and
  Masimo Corporation (U.S.) are the leading players
  in the respiratory monitoring devices market,
  owing to their highly established range of pulse
  oximeters.

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• Philips Healthcare (Netherlands) and ResMed,
  Inc. (U.S.) dominate the therapeutic devices
  segment. The Asia-Pacific market is offering
  lucrative growth opportunities which is
  increasing competition among market players in
  terms of capturing a larger market share in this
  under-penetrated regional segment. The companies
  are also focusing on RD to add innovative
  technologies and products to their portfolios,
  which in turn helps them to strengthen their
  presence in the respective markets.

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• Philips Healthcares leading position in
  this market is mainly attributed to its broad
  product portfolio with major focus on respiratory
  care therapeutic devices. The company has a
  significant global footprint owing to its strong
  sales and distribution network. It significantly
  invests in RD activities to add innovative
  technologies and products to its portfolio, which
  in turn helps it to strengthen its presence in
  the market. With a strong portfolio of
  respiratory products and incessant efforts to
  develop innovative products, the company is
  likely to maintain its strong position in the
  market.

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• ResMed, Inc. is another leading company in the
  global respiratory care market with a wide
  geographical presence across North America,
  Asia-Pacific, and Europe. It is well-positioned
  in the respiratory market and focuses on
  developing new and innovative products. In
  accordance with this, over the last five years,
  the company has developed and launched several
  respiratory care products at regular intervals.

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• Covidien plc has a broad product portfolio of
  ventilators and pulse oximeters and a wide
  geographical presence with distribution channels
  in around 70 countries, which enables it to reach
  out to a fragmented customer base. The company is
  a global leader in the pulse oximeters market. It
  pursues the strategy of new product launches in
  order to strengthen its share in the respiratory
  care devices market. It is also rigorously aiming
  at expanding its RD capabilities in order to
  develop technologically advanced products and to
  cater to the changing customer needs.

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• Apart from the above three, other players with a
  significant presence in the respiratory care
  devices market include Masimo Corporation (U.S.),
  Fisher and Paykel Healthcare Limited (New
  Zealand), CareFusion Corporation (U.S.), Invacare
  Corporation (U.S.), and Chart Industries, Inc.
  (U.S.). Owing to the technological
  competitiveness of the market, all the players in
  this market focus on innovation as their key
  growth strategy, and aim to strengthen their
  market presence with the launch of
  technologically superior products, catering to
  the needs of various end-user segments.

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