Therapeutic Respiratory Devices Market

1. Global Therapeutic Respiratory Devices Marketis valued at USD 17.0 Billion in 2021 and is expected to reach USD 25.1 Billion by 2028 with a CAGR of 5.7% over the forecast period. Global Therapeutic Respiratory Devices Market: Global Size, Trends, Competitive, and Historical & Forecast Analysis, 2022-2029: Growing prevalence of chronic ailments, rising research and development activities, and technological innovations in therapeutic respiratory devices are some of the major factors driving the growth of the Global Therapeutic Respiratory Devices Market. Scope- In respiratory therapeutics treatment, therapeutic respiratory devices are largely used to improve pulmonary functions by cleaning the airway, increasing lung oxygen intake capabilities, and helping to remove mucus from the bronchi. These respiratory devices are also used to help treat a variety of chronic illnesses linked to respiratory dysfunction. These conditions include ailments like asthma, bronchitis, chronic obstructive pulmonary disease (COPD), and other long-term disorders. COVID-19 Impact- Key Players- The major players operating in this marketplace are - • GE Healthcare •Fisher & Paykel Healthcare •Koninklijke Philips N.V. •ICU Medical (Smiths Medical) •Invacare Corporation •Chart Industries •Medtronic •ResMed •Linde •Mindray •Drägerwerk AG & Co. KGaA

2. •DeVilbiss Healthcare Market Segmentation- By Product: •Positive Airway Pressure (PAP) Devices oContinuous Positive Airway Pressure (CPAP) Devices oAuto-titrating Positive Airway Pressure (APAP) Devices oBi-level Positive Airway Pressure (BiPAP) Devices •Oxygen Concentrator oFixed Oxygen Concentrators oPortable Oxygen Concentrators •Ventilators oAdult Ventilators oNeonatal Ventilators •Inhalers oMetered Dose Inhaler (MDI) oDry Powder Inhaler (DPI) oSoft Mist Inhaler (SMI) •Nebulizers oCompressor-based Nebulizers oPiston-based Hand-held Nebulizers oUltrasonic Nebulizers •Humidifiers oHeated Humidifiers oPassover Humidifiers oIntegrated Humidifiers oBuilt-in Humidifiers oStandalone Humidifiers •Others By Application: •COPD •Obstructive Sleep Apnea •Asthma •Respiratory Distress Syndrome •Cystic Fibrosis •Others

3. By Technology: •Electrostatic Filtration •HEPA Filter Technology •Hollow Fiber Filtration •Microsphere Separation By Filter: •Nebulizer filters oInlet filter oReplacement filter oCabinet filter •Humidifier filters oWick filters oPermanent cleanable filters oMineral absorption pads oDemineralization cartridges •Positive airway pressure devices filter oUltra-fine foam inlet filters oPolyester non-woven fiber filters oAcrylic & Polypropylene fiber filters •Oxygen concentrator filters oHEPA Filter oCabinet Filter oPre-Inlet Filter oInlet Filter oMicro Disk Filter oFelt Intake Filter oBacterial Filter oHollow-membrane Filter •Ventilator filters By End-user: •Hospital •Homecare Settings •Emergency Centers By Regional & Country Level:

4. •North America oU.S. oCanada •Europe oU.K. oFrance oGermany oItaly •Asia Pacific oChina oJapan oIndia oSoutheast Asia •Latin America oBrazil oMexico •Middle East and Africa oGCC oAfrica oRest of Middle East and Africa Market Drivers- Growing Prevalence of Chronic Ailments is Expected to Boost Therapeutic Respiratory Devices Market Growth: The growing patient base driven by the increasing prevalence of chronic diseases that disrupt breathing normally will be a major factor in the development of therapeutic respiratory devices. Rising Research and Development Activities and Technological development in Therapeutic Respiratory Devices are Expected to Accelerate the Market Development: A significant factor driving the market expansion for these devices is technological advancements in the field of therapeutic respiratory devices. Market Restraints-

5. An unfavorable reimbursement scenario is expected to Hinder Therapeutic Respiratory Devices Market Growth: Many patients depend on reimbursements to cover the cost of care. The issue of inadequate reimbursements for various diagnostic tests is now a concern for the diagnostic industry as a whole and respiratory care diagnostics in particular Geography Analysis- North America is expected to Capture a Major Share of the Global Therapeutic Respiratory Devices Market: North America had a dominant position with nearly 30.0% of the market in 2022, due to favorable outpatient treatment reimbursement, economic expansion aided by expanding insurance coverage, U.S. healthcare center accounts, developing healthcare expertise, and improved healthcare systems. Asia Pacific Therapeutic Respiratory Devices Market Is Expected To Grow At A Considerable Pace Over The Forecast Period: The Asia Pacific region's market for therapeutic respiratory devices is anticipated to grow rapidly as a result of both technological improvements and the increased incidence of diseases like asthma in both adults and children.