Respiratory care devices market growth

1
Respiratory Care Devices Market worth US27,063
million by 2025
2
BlueWeave Consulting review study of
the Respiratory Care Devices Market reached to
US 18,714 million in 2018, anticipated to propel
to US27,063 million by 2025 with a significant
CAGR of over 8 in the forecast period of
2019-2025. Rising urbanization, changing
lifestyle, and food habits coupled with an
increasing number of geriatric population is the
key factor anticipated to propel the growth of
the global respiratory care device market. The
rising prevalence rate of the geriatric
population expected to rise the demand of
homecare setting facility in the market and the
changing food habits such as the preference of
junk food over healthy food leads to a number of
chronic and other therapeutic disorders and
expected to contribute in the global market
during the forecast period of 2019-2025. Consumabl
e accessories are also contributing to the
market growth with the rising availability of
reimbursement coverage for PAP device coupled
with an increasing population of geriatric and
chronic diseases. Monitoring devices expected to
share the market share majorly followed by other
segment populations upcoming years with the
commendable growth rate.
3

• Increasing pollution rate coupled with tobacco
  consumption expected to dominate the global
  respiratory care devices market
• Deforestation, CO2 emission, etc. are the key
  factors responsible for environmental pollution,
  which is directly linked to rising the demand of
  smart pulse oximeters in the respiratory care
  device market for the estimation of SaO2 using an
  algorithm and displaying the readout. Rising
  disposable income coupled with smoking habits
  responsible for deformities in the chest wall and
  thoracic spine, impair the functioning of the
  respiratory system and lead to complications in
  breathing developing the demand of respiratory
  care device in-home care setting and expected to
  follow the same trend in the upcoming years. The
  rising burden of COPD and asthma patient base,
  rising government initiatives, healthcare
  expenditure, and preference shift toward the
  adoption of respiratory care devices in the
  region.
• Read More
• https//www.blueweaveconsulting.com/global-respira
  tory-care-devices-market-bwc19312