The latest study on the Non-Invasive Respiratory Therapy Market industry includes a detailed analysis of the future trends and demands for the forecast period, 2020 - 2032 The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period. The study also includes significant information pertinent to the Non-Invasive Respiratory Therapy Market industry, particularly the current COVID-19 scenario. Exhaustive coverage of the COVID-19 impact on the Non-Invasive Respiratory Therapy Market industry is a major attraction of the report.
The global non-invasive respiratory therapy market size was USD 2.33 Billion in 2022 and is expected to register a steady revenue CAGR of 5.3% during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of respiratory disorders is a key factor driving market revenue growth. According to American College of Allergy, Asthma & Immunology, Asthma is responsible for 439,000 hospitalizations and 1.3 million emergency room visits per year. Asthma is the most frequent chronic condition in children, accounting for 13.8 million school days missed each year, which is also responsible for 14.2 million lost workdays among adults. The annual economic cost of asthma is estimated to be USD 56 billion. Asthmatic patients reported 11 million doctor's office visits and 1.7 million hospital outpatient department visits.
The study on the Global Non-Invasive Respiratory Therapy Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Non-Invasive Respiratory Therapy Market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Non-Invasive Respiratory Therapy Market industry.
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Competitive Landscape:
The research report offers key insights into the leading market players’ strengths and weaknesses, assessed using Porter’s Five Forces and SWOT analyses. The report includes Non-Invasive Respiratory Therapy Market segmentation based on product type, application spectrum, and key regions.
ResMed Inc., Teleflex Incorporated, Hamilton Medical, Koninklijke Philips N.V., Heyer Medical AG, Shenzhen Mindray Bio-Medical Electronics Co., Ltd, Airon Corporation, Drägerwerk AG & Co. KGaA, Fisher & Paykel Healthcare Limited, Baxter International, WILAmed GmbH, and Getinge AB.
Valuable Market Insights:
The report highlights the latest trends observed in the consumption pattern of each regional segment.
Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Non-Invasive Respiratory Therapy Market .
The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
The report, additionally, presents a comprehensive analysis of the key elements of the Non-Invasive Respiratory Therapy Market market that influence its growth over the projected timeline. These vital elements include the key drivers, constraints, opportunities, limitations, threats, and micro and macro-economic factors.
Emergen Research has segmented the global non-invasive respiratory therapy market on the basis of product, application, end-use, and region:
Product Outlook (Revenue, USD Billion; 2019-2032)
Non-invasive Positive-pressure Ventilator (PPV)
Bi-level Positive Airway Pressure Ventilator (BiPAP)
Constant Positive Airway Pressure Ventilator (CPAP)
Autotitrating (Adjustable) Positive Airway Pressure Ventilator (APAP)
Non-invasive Negative-pressure Ventilator (PPV)
Application Outlook (Revenue, USD Billion; 2019-2032)
Respiratory Distress Syndrome
Asthma & Chronic Obstructive Pulmonary Disease (COPD)
Others
End-use Outlook (Revenue, USD Billion; 2019-2032)
Hospitals
Ambulatory Surgical Centers (ASCs)
Others
Key Geographies Profiled in the Report:
According to the regional outlook for revenue and volume from 2017-2027, North America includes the United States and Canada. Europe consists of the United Kingdom, Germany, France, and BENELUX. The Asia Pacific region includes China, Japan, South Korea, and the Rest of APAC. Latin America includes Brazil and the Rest of LATAM. Finally, the Middle East and Africa (MEA) region includes Saudi Arabia, the United Arab Emirates (UAE), and the Rest of MEA.
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About Emergen Research
Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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