Respiratory Monitoring Devices Market to Attain a Value of US$ 2.79 Billion Until 2023

Free Press Release DB | Press Release Date : Mar 14, 2018  Download

Global respiratory monitoring devices market was valued at US$1.4 bn in 2014 which is projected to reach US$2.8 bn by 2023 at a CAGR of 8.2% from 2015 to 2023

The global respiratory monitoring devices market has a fragmented competitive landscape with a handful of leading companies taking up the chief portion of the share in the market, states Transparency Market Research (TMR) in a research report. The remaining shares of the market is marked by a large pool of small sized players. Of all the multinational companies operating in the market, ResMed, Inc., Smiths Medical, and CareFusion Corporation held a collaborative share of 54.2% in 2014. As mentioned earlier, the fragmented nature of the market is likely to give rise to intense rivalry over the coming years. The nature of the market is also exponentially dynamic and is a present controlled by the robust rate of the technological development in the gadgets.


Request for Sample Copy of Report @


According to a TMR analyst, “The global market for respiratory monitoring devices is likely to rise at an 8.2% over the forecast period of 2015-2023. In 2016, the market was worth US$1.60 bn and is likely to touch a valuation of US$2.79 bn by the end of 2023.” Based on end user, the market was led by hospitals both in terms of revenue generation and growth rate. This segment is likely to witness an 8.3% CAGR from 2015 to 2023. The medical devices and healthcare industries of Asia Pacific are at present encountering a high rate of improvement. The blasting economy of nations, such as India and China, the developing government support towards human services improvement, the high thickness of populace in these nations, and the developing pattern of medical tourism are for the most part in charge of drawing out the more prominent interest for respiratory monitoring devices.


"The essential driver for an extensive demand for respiratory monitoring devices is the developing necessity for keeping an extensive volume of these gadgets in the market. Most medical gadgets are delivered on a premise of need and there is surely a significantly more noteworthy requirement for respiratory monitoring devices than some time recently. Organization related with public health, for instance, the American Academy of Allergy, Asthma, and Immunology, the CDC, and the American Lung Association are for the most part revealing insight into the developing predominance of patients with respiratory issues. This is genuine particularly for COPD and asthma," expresses a TMR expert.


Enquiry for discount on this report @


Two variables in charge of this are the developing number of geriatrics on the planet alongside the developing fuse of negative way of life propensities, for instance, smoking.


The rate of mechanical progression in respiratory monitoring devices is high, in this manner enabling players to keep a dynamic yield. An extensive extent of respiratory monitoring devices makers is additionally bolstered by significant governments, along these lines enabling them to approach examine and grew all the more effectively.


The cost of cutting edge spirometry devices is high in contrast with peak flow meters and pulse oximeters. This dissimilarity in costs is sufficient to hinder a lion's share of patients to adhere to the last gadgets instead of go for cutting edge ones. Also, the establishment of cutting edge respiratory monitoring devices requires gifted experts, the absence of whom is further adding to the strain of giving them.


There is at present an expansive undiscovered market for respiratory monitoring devices in the creating economies. All inclusive conspicuous players can take more notice of districts, for instance, Latin America and Asia Pacific to take advantage of their expanding demand.


Report Overview @


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



Contact Person & Company



Aman Harper



Contact Numbers

Telephone No.


Fax No.


Handphone No.



Website 1


Website 2




PR Tags


Respiratory Monitoring Devices Market,


Contact The Author

Contact Aman Harper

More Press Release From Author

Aptamer Market to Register a CAGR of Over 20.0% from 2017 to 2025

Free Press Release DB :

Aptamer market was valued approximately US$ 1.0 Bn in 2016 and is anticipated to register CAGR of over 20.0% from 2017 to 2025 to reach value of approximately US$ 5.0 Bn by 2025. --> Read This Press Release !

By : Aman, Harper ( Mar 20, 2018 )
Category : Healthcare Press Release | Country : United States Press Release

D-dimer Testing Market: Surge in Prevalence of Blood Clotting Disorders to Drive the Market

Free Press Release DB :

Prevalence of numerous diseases such as cancer, diabetes, and neurological disorders has increased due to rise in geriatric population and changing lifestyle in developing economies. --> Read This Press Release !

By : Aman, Harper ( Mar 20, 2018 )
Category : Healthcare Press Release | Country : United States Press Release

Dental Practice Management Software Market to Expand at a CAGR of 11.6% from 2017 to 2025

Free Press Release DB :

Dental practice management software market was valued over US$ 1.6 Bn in 2016 and is projected to witness cumulative annual growth rate (CAGR) of over 11.0 % from 2017 to 2025 to surpass the value of US$ 4.3 Bn by 2025. --> Read This Press Release !

By : Aman, Harper ( Mar 19, 2018 )
Category : Healthcare Press Release | Country : United States Press Release

Read More Articles From Aman Harper


The author of the press releases are solely responsible for the content of their press releases. can't be held liable for the content posted by author. Please check the accuracy of the press release before using the press release. If necessary please contact the author. Thank you.

Report Abuse