The global demand for COPD and Asthma Diagnostic and Monitoring Devices Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Chronic obstructive pulmonary disease (COPD) and asthma diagnostic and monitoring devices measure vital signs, check the functioning of lungs on a continuous or interval basis to evaluate patient's health, and tracks patient status suffering from COPD and asthma. COPD and asthma diagnostic and monitoring devices are commonly used in hospitals, doctor's offices, and other medical settings.
Market Dynamics
The global COPD and asthma diagnostic and monitoring devices market is evolving rapidly in recent years. The rising worldwide prevalence of COPD and asthma, the growing aging population, and increasing air pollution are factors that accelerate the demand for COPD and asthma diagnostic and monitoring devices. The worldwide burden of asthma remained high, incidence and prevalence are escalating. In 2017, asthma prevalence and mortality were reported for 272.68 million cases. Growing tobacco smoking and exposure to indoor and outdoor air pollution and occupational dust and fumes contribute to the growing burden. The market is witnessing a trend of the hospital to home. diagnostic and monitoring devices are making their way from the hospital into the home that patients can use in their homes or traveling to monitor their intraocular pressure. The trend is bringing new opportunities as well as innovation to the market. However, the high cost of devices is impeding the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of copd and asthma diagnostic and monitoring devices. The growth and trends of copd and asthma diagnostic and monitoring devices industry provide a holistic approach to this study.
Market Segmentation
This section of the copd and asthma diagnostic and monitoring devices market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
Diagnostic Devices (Spirometers, Electrocardiogram, FeNo Test Analyzer, Peak Flow Meter, Arterial Blood Gas Analyzer (ABG), Polysomnography Devices, Others)
Monitoring Devices (Pulse Oximeters, Capnograph, Asthma Monitors, Portable Table Top Pulse Oximeter, Wearable Devices, Fourier Transform Infrared Spectroscopy (FTIR) , Others)
By Indication
By End User
- Hospitals and Clinics
- Home Care Settings
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the COPD and Asthma Diagnostic and Monitoring Devices market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global COPD and Asthma Diagnostic and Monitoring Devices Market Share by Region (Representative Graph)
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The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the copd and asthma diagnostic and monitoring devices market include Becton Dickinson And Company, Drägerwerk AG & CO. KGAA, Getinge AB, Invacare Corporation, Masimo Corporation, Medtronic Plc, Koninklijke Philips N.V, Nihon Kohden Corporation, Smiths Medical, and Vyaire Medical Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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