BANGALORE, October 21, 2015 /PRNewswire/ --
Mordor Intelligence is pleased to announce the publication of the report on Global Respiratory Devices Market on October 21, 2015.
The report is a study on the Global Respiratory Devices market along with an in-depth analysis of the Asian, North American, European and other regional markets.
Respiratory devices help in removal of mucus from the respiratory airways and thereby improve pulmonary function. Respiratory devices market has experienced a promising growth rate over the past few years. Continuous positive airway pressure (CPAP) devices currently dominate the respiratory device market.
The Global market for Respiratory Devices, growing at a CAGR of around 11.94% from 2015 to 2020, is expected to reach $18 billion by the end of 2020.
The Global Respiratory Devices Market is segmented on the basis of Diagnostic & Monitoring Devices (Spirometer, Sleep Test Devices, Peak Flow Meters and Pulse Oximeters), Therapeutic Devices (CPAP Devices, Bi-PAP Devices, Humidifiers, Breathing Circuits, Nebulizers, Oxygen Concentrators and Ventilators), Disposables (Masks, Cannulas, Tubes and Filters) & Region (North America, Europe, Asia Pacific and Rest of the World).
Globally, North America occupies 36% of the market share, followed by Europe. Other regions are expected to gradually increase their market share.
Get the full report here: Global Respiratory Devices Market Growth, Trends and Forecasts (2015-2020)
The major players in this market are 3M, Airsep Corporation, AstraZeneca, Bomimed, Carefusion, Johnson & Johnson, Phillips Healthcare, GE Healthcare and GSK among others.
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SOURCE Mordor Intelligence LLP