Global Market Business Research Reports: Respiratory Monitoring Devices Market Estimated Growth Potential Through 2023-2032

The Respiratory Monitoring Devices Global Market Report 2023 by The Business Research Company, provides respiratory monitoring devices market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

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According to The Business Research Company’s Respiratory Monitoring Devices Global Market Report 2023, the global respiratory monitoring devices market size will grow from $1.32 billion in 2022 to $1.46 billion in 2023 at a compound annual growth rate (CAGR) of 10.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global respiratory monitoring devices is expected to grow to $2.04 billion in 2027 at a CAGR of 8.7%.

The market for respiratory monitoring devices is experiencing 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 the lungs during COVID-19 treatment.

The rising rate of chronic respiratory diseases is expected to drive the growth of respiratory monitoring devices market in the near future. Chronic respiratory diseases such as asthma, bronchitis, pneumonia, and others resulting from different bacterial and viral infections will boost the demand for respiratory monitoring devices.

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The respiratory monitoring devices market is segmented:

1) By Type: Capnographs, Gas Analyzers, Pulse Oximeters, Peak Flow Meters, Spirometers, Polysomnographs, Others Types

2) By End-User: Laboratories, Hospitals, Home Use

3) By Application: Chronic Obstructive Pulmonary Disease (COPD), Infectious Diseases, Asthma, Other Applications

The companies in the market are increasingly launching smart respiratory monitoring devices to diagnose and monitor some respiratory diseases. These smart respiratory monitoring devices are Bluetooth-enabled and can be connected to smartphones to continuously monitor vital respiratory parameters. For instance, in February 2022, Aptar Pharma, a US-based manufacturer of drug delivery systems, launched HeroTracker® Sense. The new offering is a novel digital respiratory health solution that converts a standard meter dose inhaler into a smart connected healthcare device. It is useful for patients to track their MDI usage and help them stick to their prescribed doses.

The respiratory monitoring devices market report table of contents includes:

1. Executive Summary

2. Respiratory Monitoring Devices Market Characteristics

3. Respiratory Monitoring Devices Market Trends And Strategies

4. Respiratory Monitoring Devices Market – Macro Economic Scenario

5. Respiratory Monitoring Devices Market Size And Growth

27. Respiratory Monitoring Devices Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Respiratory Monitoring Devices Market

29. Respiratory Monitoring Devices Market Future Outlook and Potential Analysis

30. Appendix

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