Global Pulmonary Devices Market Size, COVID-19 Impact and Global Analysis by Type Forecasts: 2027


Posted August 14, 2020 by Kavita

The pulmonary devices market was valued at US$ 18,598.56 million in 2019 and is projected to reach US$ 39,965.01 million by 2027; it is expected to grow at a CAGR of 10.1%from 2020 to 2027.
 
Bharat Book Bureau Provides the Trending Market Research Report on “Pulmonary Devices Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type (Therapeutic Devices, Consumables and Accessories, Diagnostic Devices, Monitoring Devices); Application (Chronic Obstructive Pulmonary Disease (COPD), Sleep Apnea, Asthma, Infectious Diseases, Others); End User (Hospitals, Homecare Settings, Ambulatory Care Centers), and Geography” under Life Sciences Category. The report offers a collection of superior market research, market analysis competitive intelligence and Market reports.

The pulmonary devices market was valued at US$ 18,598.56 million in 2019 and is projected to reach US$ 39,965.01 million by 2027; it is expected to grow at a CAGR of 10.1%from 2020 to 2027.


Rising number of COVID-19 cases worldwide and increasing prevalence of respiratory diseases are the key factors fueling the market growth. Moreover, strategic activities by the manufacturers such as type innovation, type launches, and approvals, as well as R&D investment for advancements in ventilators is expected to foster the market growth during the forecast period.


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However, unfavorable reimbursement scenariohindersthe growth of the Pulmonary Devicesmarket. Additionally, the impact of the COVID-19 crisis is expected to further accelerate the growth of the respiratory devices market in Europe.For instance, Apex Medical is focused towards providing CPAP ventilator solutions as COVID-19 treatment alternative as per the British Medicines and Medical Products Regulatory Agency (MHRA) to the patients with respiratory insufficiency.

Additionally, In the United Kingdom (UK), for example, the government has asked automobile manufacturers including Ford, Honda, and Rolls-Royce to temporarily shift part of their assembly line focus from cars to developing respiratory equipment.
Pulmonary or respiratory devices are used to remove mucus and secretions from the airways or the respiratory tract. These medical devices are focused on diagnosis, control, treatment, management, and evaluation of the problems associated with respiratory tract.
The global pulmonary devices market is segmented on the basis of type, application, and end user.Based on type,the marketis segmented intotherapeutic devices, consumables and accessories, diagnostic devices, and monitoring devices.

The therapeutic devicesheld the largest share of the market in 2019; however, the consumables and accessories segment is anticipated to register the highest CAGR during the forecast period. Based on application, the pulmonary devices market is segmented into chronic obstructive pulmonary disease (COPD), sleep apnea, asthma, and infectious diseases.

The chronic obstructive pulmonary disease (COPD) segment held the largest share of the market in 2019, and is anticipated to register the highest CAGR during the forecast period.Based on end user, the pulmonary devices market is segmented into hospitals, home care settings, and ambulatory care centers. The hospitalssegment held the largest share of the market in 2019; however, the market for home care settingsis estimated to grow at the fastest CAGR during 2020-2027.
The World Health Organization (WHO), Centers for Disease Control and Prevention (CDC),and Canadian Lung Association are a few of the essential primary and secondary sources studied while preparing this report.
Reason to Buy

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the pulmonary devices market.

• Highlights key business priorities in order to assist companies to realign their business strategies.

• The key findings and recommendations highlight crucial progressive industry trends in the global pulmonary devices market, thereby allowing players across the value chain to develop effective long-term strategies.

• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

• Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
TABLE OF CONTENTS:
1. Introduction
1.1 Scope of the Study
1.3 Market Segmentation
1.3.1 Pulmonary Devices Market - By Type
1.3.2 Pulmonary Devices Market - By Application
1.3.3 Pulmonary Devices Market - By End User
1.3.4 Pulmonary Devices Market - By Geography
2. Pulmonary Devices Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Pulmonary Devices Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America - PEST Analysis
4.2.2 Europe - PEST Analysis
4.2.3 Asia-Pacific - PEST Analysis
4.2.4 Middle East and Africa (MEA) - PEST Analysis
4.2.5 South & Central America - PEST Analysis
4.3 Expert Opinion
5. Pulmonary Devices Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Number of COVID-19 Cases Worldwide
5.1.2 Increasing Prevalence of Respiratory Diseases
5.2 Market Restraints
5.2.1 Unfavourable Reimbursement Scenario
5.3 Market Opportunities
5.3.1 Strategic Activities by Manufacturers
5.4 Future Trends
5.4.1 Increasing Preference of Home Care Products
5.5 Impact Analysis
6. Pulmonary Devices Market - Global Analysis
6.1 Global Pulmonary Devices Market Revenue Forecast And Analysis
6.2 Global Pulmonary Devices Market, By Geography - Forecast And Analysis
6.3 Market Positioning of Key Players
7. Pulmonary Devices Market Analysis- By Type
7.1 Overview
7.2 Pulmonary Devices Market Share, By Type, 2019 & 2027 (%)
7.3 Therapeutic Devices
7.3.1 Overview
7.3.2 Therapeutic Devices Market Revenue and Forecasts to 2027 (US$ Million)
7.4 Consumables and Accessories
7.4.1 Overview
7.4.2 Consumables and Accessories Market Revenue and Forecasts to 2027 (US$ Million)
7.5 Diagnostic Devices
7.5.1 Overview
7.5.2 Diagnostic Devices Market Revenue and Forecasts to 2027 (US$ Million)
7.6 Monitoring Devices
7.6.1 Overview
7.6.2 Monitoring Devices Market Revenue and Forecasts to 2027 (US$ Million)
8. Pulmonary Devices Market Analysis- By Application
8.1 Overview
8.2 Pulmonary Devices Market Share, By Application, 2019 & 2027 (%)
8.3 COPD
8.3.1 Overview
8.3.2 COPD Market Revenue and Forecasts to 2027 (US$ Million)
8.4 Asthma
8.4.1 Overview
8.4.2 Asthma Market Revenue and Forecasts to 2027 (US$ Million)
8.5 Sleep Apnea
8.5.1 Overview
8.5.2 Sleep Apnea Market Revenue and Forecasts to 2027 (US$ Million)
8.6 Infectious Diseases
8.6.1 Overview
8.6.2 Infectious Diseases Market Revenue and Forecasts to 2027 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others Market Revenue and Forecasts to 2027 (US$ Million)
9. Pulmonary Devices Market Analysis- By End User
9.1 Overview
9.2 Pulmonary Devices Market Share, By End User, 2019 & 2027 (%)
9.3 Hospitals
9.3.1 Overview
9.3.2 Hospitals Market Revenue and Forecasts to 2027 (US$ Million)
9.4 Homecare Settings
9.4.1 Overview
9.4.2 Homecare Settings Market Revenue and Forecasts to 2027 (US$ Million)
9.5 Ambulatory Care Centers
9.5.1 Overview
9.5.2 Ambulatory Care Centers Market Revenue and Forecasts to 2027 (US$ Million)
10. Pulmonary Devices Market Analysis And Forecasts To 2027 - Geographical Analysis
10.1 North America: Pulmonary Devices Market
10.1.1 Overview

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Last Updated August 14, 2020