Global Digital Respiratory Devices market expected to propel by the rising adoption for better treatments and early diagnosis of chronic respiratory diseases such as asthma and COPD
Global digital respiratory devices market estimated to grow with a noteworthy rate during the forecast period, 2020-2027. It is due to the growing demand for digital respiratory disease to enable patients and physicians to monitor, record, and track the dose given during the treatment. Additionally, the rise in the prevalence of COPD and asthma around the world estimated to influence the growth of the global digital respiratory devices market in the future time. Moreover, a recent outbreak of pandemic COVID-19 across the globe has demanded advanced respiratory devices to operate the ventilator safely in three shifts every day. During the spread of this new coronavirus, respirators have become a tight supply worldwide, and even some companies that originally produced other supplies have also transformed factories and transformed the production of respiratory equipment. The COVID-19 virus targets the lungs and may cause complications such as pneumonia and acute respiratory distress syndrome.
Furthermore, swelling geriatric populations around the world, which are highly susceptible to various respiratory infections such as asthma, COPD, and lung cancer, are impacting the growth of global digital respiratory devices market size in the forthcoming periods. According to WHO, by 2050, the world's population aged 60 years and above is projected to reach 2 billion, and in 2018, 125 million people are aged 80 years or older. Also, the growing prevalence of sleep disorders will boom the global digital respiratory devices industry in the forecast periods.
Product Type Overview in the Global Digital Respiratory Devices Market
Based on product type, the global digital respiratory devices market classified into Therapeutic Devices (Inhalers, (Smart Inhalers and Adaptors for Conventional Inhalers) and Nebulizers), Diagnostic Devices (Spirometers, Asthma Monitors, and Others) and Apps). The Therapeutic Devices segment witnessed a higher growth in 2019 and likely to dominate the digital respiratory devices market by 2027. It is attributable to its help in the treatment of the chronic obstructive pulmonary disorder (COPD) and asthma through the clip-on sensors on smart inhalers and sensors. It also assists the administer for the correct dose of medicine and provides daily basis track of patient health.
Diagnostic Device segment will trigger the analysing period as a result of the device's help to diagnose chronic obstructive pulmonary disease (COPD), asthma, and other conditions that affect breathing.
Application Overview in the Global Digital Respiratory Devices Market
Based on the application, the global digital respiratory devices market classified into Asthma, COPD, and Others. The COPD segment will be the fastest-growing segment in the forecast period attributable to the prevalence of COPD around the world, and people in developing and developed countries are more susceptible to COPD owing to high levels of pollution and rapidly changing lifestyles.
Distribution Channel Overview in the Global Digital Respiratory Devices Market
Based on Distribution Channel, the global digital respiratory devices market segregated into Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies. Hospital Pharmacies accounted for a major market share in 2019 and estimated to dominate the market by 2027 owing to the easy availability of devices at hospitals pharmacies coupled with the rising disposable income of patients across the world.
Regional Overview in the Global Digital Respiratory Devices Market
By geography, the Global Digital Respiratory Devices Market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America anticipated to gain maximum market share by 2027 due to lifestyle changes, smoking, and other environmental factors lead to respiratory disorders, growing healthcare awareness, improvement in healthcare infrastructure coupled with USA government health plans.
Global Digital Respiratory Devices Market: Competitive Landscape
Companies such as Teva Pharmaceutical Industries Ltd., Propeller Health, 3M, AstraZeneca, Glenmark, Adherium Ltd., Pneuma Respiratory, Findair Sp. Z o. o, Cohero Health, Inc., Amiko Digital Health Limited, Boehringer Ingelheim International GmbH, Capsule Technologies, GlaxoSmithKline PLC, Novartis AG, Propeller Health, and Sensiron AG are the key players in the Global Digital Respiratory Devices Market.
Global Digital Respiratory Devices Market Report Content 1. Research Strategic Development 1.1. Market Modelling 1.2. Product Analysis 1.3. Market Trend and Economic Factors Analysis 1.4. Market Segmental Analysis 1.5. Geographical Mapping 1.6. Country Wise Segregation 2. Research Methodology 2.1. Identification of Target Market 2.2. Data Acquisition 2.3. Refining of Data/ Data Transformations 2.4. Data Validation through Primary Techniques 2.5. Exploratory Data Analysis 2.6. Graphical Techniques/Analysis 2.7. Quantitative Techniques/Analysis 2.8. Visual Result/Presentation 3. Executive Summary 4. Market Insights 4.1. Economic Factor Analysis 4.1.1. Drivers 4.1.2. Trends 4.1.3. Opportunities 4.1.4. Challenges 4.2. Technological Landscape 4.3. Competitors & Product Analysis 4.4. Regulatory Framework 4.5. Company market share analysis, 2019 4.6. Porter's Five forces analysis 4.7. New Investment Analysis 4.8. PESTEL Analysis 5. Global Digital Respiratory Devices Market Overview 5.1. Market Size & Forecast, 2016-2027 5.1.1. Demand 5.1.1.1. By Value (USD Million) 5.2. Market Share & Forecast, 2016-2027 5.2.1. By Product Type 5.2.1.1. Therapeutic Devices 5.2.1.1.1. Inhalers 5.2.1.1.1.1. Smart Inhalers 5.2.1.1.1.2. Adaptors for Conventional Inhalers 5.2.1.1.2. Nebulizers 5.2.1.2. Diagnostic Devices 5.2.1.2.1. Spirometers 5.2.1.2.2. Asthma Monitors 5.2.1.2.3. Others 5.2.1.3. Apps 5.2.2. By Application 5.2.2.1. Asthma 5.2.2.2. COPD 5.2.2.3. Others 5.2.3. By Distribution Channel 5.2.3.1. Hospital Pharmacies 5.2.3.2. Retail Pharmacies 5.2.3.3. Online Pharmacies 5.2.4. By Region 5.2.4.1. North America 5.2.4.2. Europe 5.2.4.3. Asia Pacific 5.2.4.4. South America 5.2.4.5. Middle East & Africa 6. North America Digital Respiratory Devices Market Overview 6.1. North America Digital Respiratory Devices Market Size & Forecast, 2016-2027 6.1.1. Demand 6.1.1.1. By Value (USD Million) 6.2. North America Digital Respiratory Devices Market Share & Forecast, 2016-2027 6.2.1. By Product Type 6.2.1.1. Therapeutic Devices 6.2.1.1.1. Inhalers 6.2.1.1.1.1. Smart Inhalers 6.2.1.1.1.2. Adaptors for Conventional Inhalers 6.2.1.1.2. Nebulizers 6.2.1.2. Diagnostic Devices 6.2.1.2.1. Spirometers 6.2.1.2.2. Asthma Monitors 6.2.1.2.3. Others 6.2.1.3. Apps 6.2.2. By Application 6.2.2.1. Asthma 6.2.2.2. COPD 6.2.2.3. Others 6.2.3. By Distribution Channel 6.2.3.1. Hospital Pharmacies 6.2.3.2. Retail Pharmacies 6.2.3.3. Online Pharmacies 6.2.4. By Country 6.2.4.1. US 6.2.4.2. Canada 6.2.4.3. Mexico 6.2.5. Price-Point Analysis 6.2.6. Manufacturer & Distributor List (Top 5) 6.2.7. Company Market Share (Top 3-5) 6.2.8. Economic Impact Study on North America Digital Respiratory Devices Market 7. Europe Digital Respiratory Devices Market Overview 7.1. Europe Digital Respiratory Devices Market Size & Forecast, 2016-2027 7.1.1. Demand 7.1.1.1. By Value (USD Million) 7.2. Europe Digital Respiratory Devices Market Share & Forecast, 2016-2027 7.2.1. By Product Type 7.2.1.1. Therapeutic Devices 7.2.1.1.1. Inhalers 7.2.1.1.1.1. Smart Inhalers 7.2.1.1.1.2. Adaptors for Conventional Inhalers 7.2.1.1.2. Nebulizers 7.2.1.2. Diagnostic Devices 7.2.1.2.1. Spirometers 7.2.1.2.2. Asthma Monitors 7.2.1.2.3. Others 7.2.1.3. Apps 7.2.2. By Application 7.2.2.1. Asthma 7.2.2.2. COPD 7.2.2.3. Others 7.2.3. By Distribution Channel 7.2.3.1. Hospital Pharmacies 7.2.3.2. Retail Pharmacies 7.2.3.3. Online Pharmacies 7.2.4. By Country 7.2.4.1. Germany 7.2.4.2. UK 7.2.4.3. France 7.2.4.4. Italy 7.2.4.5. Rest of Europe 7.2.5. Price-Point Analysis 7.2.6. Manufacturer & Distributor List (Top 5) 7.2.7. Company Market Share (Top 3-5) 7.2.8. Economic Impact Study on Europe Digital Respiratory Devices Market 8. Asia Pacific Digital Respiratory Devices Market Overview 8.1. Asia Pacific Digital Respiratory Devices Market Size & Forecast, 2016-2027 8.1.1. Demand 8.1.1.1. By Value (USD Million) 8.2. Asia Pacific Digital Respiratory Devices Market Share & Forecast, 2016-2027 8.2.1. By Product Type 8.2.1.1. Therapeutic Devices 8.2.1.1.1. Inhalers 8.2.1.1.1.1. Smart Inhalers 8.2.1.1.1.2. Adaptors for Conventional Inhalers 8.2.1.1.2. Nebulizers 8.2.1.2. Diagnostic Devices 8.2.1.2.1. Spirometers 8.2.1.2.2. Asthma Monitors 8.2.1.2.3. Others 8.2.1.3. Apps 8.2.2. By Application 8.2.2.1. Asthma 8.2.2.2. COPD 8.2.2.3. Others 8.2.3. By Distribution Channel 8.2.3.1. Hospital Pharmacies 8.2.3.2. Retail Pharmacies 8.2.3.3. Online Pharmacies 8.2.4. By Country 8.2.4.1. China 8.2.4.2. India 8.2.4.3. Japan 8.2.4.4. Australia 8.2.4.5. Rest of Asia Pacific 8.2.5. Price-Point Analysis 8.2.6. Manufacturer & Distributor List (Top 5) 8.2.7. Company Market Share (Top 3-5) 8.2.8. Economic Impact Study on Asia Pacific Digital Respiratory Devices Market 9. South America Digital Respiratory Devices Market Overview 9.1. South America Digital Respiratory Devices Market Size & Forecast, 2016-2027 9.1.1. Demand 9.1.1.1. By Value (USD Million) 9.2. South America Digital Respiratory Devices Market Share & Forecast, 2016-2027 9.2.1. By Product Type 9.2.1.1. Therapeutic Devices 9.2.1.1.1. Inhalers 9.2.1.1.1.1. Smart Inhalers 9.2.1.1.1.2. Adaptors for Conventional Inhalers 9.2.1.1.2. Nebulizers 9.2.1.2. Diagnostic Devices 9.2.1.2.1. Spirometers 9.2.1.2.2. Asthma Monitors 9.2.1.2.3. Others 9.2.1.3. Apps 9.2.2. By Application 9.2.2.1. Asthma 9.2.2.2. COPD 9.2.2.3. Others 9.2.3. By Distribution Channel 9.2.3.1. Hospital Pharmacies 9.2.3.2. Retail Pharmacies 9.2.3.3. Online Pharmacies 9.2.4. By Country 9.2.4.1. Brazil 9.2.4.2. Argentina 9.2.4.3. Rest of South America 9.2.5. Price-Point Analysis 9.2.6. Manufacturer & Distributor List (Top 5) 9.2.7. Company Market Share (Top 3-5) 9.2.8. Economic Impact Study on South America Digital Respiratory Devices Market 10. Middle East & Africa Digital Respiratory Devices Market Overview 10.1. Middle East & Africa Digital Respiratory Devices Market Size & Forecast, 2016-2027 10.1.1. Demand 10.1.1.1. By Value (USD Million) 10.2. Middle East & Africa Digital Respiratory Devices Market Share & Forecast, 2016-2027 10.2.1. By Product Type 10.2.1.1. Therapeutic Devices 10.2.1.1.1. Inhalers 10.2.1.1.1.1. Smart Inhalers 10.2.1.1.1.2. Adaptors for Conventional Inhalers 10.2.1.1.2. Nebulizers 10.2.1.2. Diagnostic Devices 10.2.1.2.1. Spirometers 10.2.1.2.2. Asthma Monitors 10.2.1.2.3. Others 10.2.1.3. Apps 10.2.2. By Application 10.2.2.1. Asthma 10.2.2.2. COPD 10.2.2.3. Others 10.2.3. By Distribution Channel 10.2.3.1. Hospital Pharmacies 10.2.3.2. Retail Pharmacies 10.2.3.3. Online Pharmacies 10.2.4. By Country 10.2.4.1. Saudi Arabia 10.2.4.2. UAE 10.2.4.3. South Africa 10.2.4.4. Rest of Middle East & Africa 10.2.5. Price-Point Analysis 10.2.6. Manufacturer & Distributor List (Top 5) 10.2.7. Company Market Share (Top 3-5) 10.2.8. Economic Impact Study on Middle East & Africa Digital Respiratory Devices Market 11. Competitor Analysis 11.1. Company Description 11.2. Financial Analysis 11.3. Key Products 11.4. Key Management Personnel 11.5. Contact Address 11.6. SWOT Analysis 11.7. Company Profile 11.7.1. Teva Pharmaceutical Industries Ltd. 11.7.2. Propeller Health 11.7.3. 3M, AstraZeneca 11.7.4. Glenmark 11.7.5. Adherium Ltd. 11.7.6. Pneuma Respiratory 11.7.7. Findair Sp. z o. o 11.7.8. Cohero Health, Inc. 11.7.9. Amiko Digital Health Limited 11.7.10. Boehringer Ingelheim International GmbH 11.7.11. Capsule Technologies 11.7.12. GlaxoSmithKline PLC 11.7.13. Novartis AG 11.7.14. Propeller Health 11.7.15. Sensiron AG 11.7.16. Other Prominent Players
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