North America Pulmonary Devices Market to Grow at a CAGR of 10.3% to reach US$ 16,637.44 Million from 2020 to 2027

North America Pulmonary Devices Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Therapeutic Devices, Consumables and Accessories, Diagnostic Devices, and Monitoring Devices); Application (Chronic Obstructive Pulmonary Disease (COPD), Sleep Apnea, Asthma, Infectious Diseases, and Others); and End User (Hospitals, Homecare Settings, and Ambulatory Care Centers) and Country

Publication Month: Sep 2020 | Report Code: TIPRE00013998 | No. of Pages: 118 | Category: Medical Device | Status: Published
Covid

The North America pulmonary devices market is expected to reach US$ 16,637.44 million by 2027 from US$ 7,581.04 million in 2019; it is estimated to grow at a CAGR of 10.3% from 2020 to 2027.

Increasing prevalence of respiratory diseases and growing number of COVID-19 in the region are the key factors driving the growth of pulmonary devices. However unfavorable reimbursement scenario is the major factor hindering the market growth in North America.

 

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.

 

Manufacturers in the pulmonary devices market are ramping up their focus on the adoption of various strategies, such as product innovation, product launches, and approvals, as well as R&D investment for advancements in ventilators, along with merger and acquisition as their developmental strategies to maintain the competitive environment in the market.

 

For instance, in January 2020, Masimo Corporation acquired Connected Care Business from NantHealth (US). This acquisition will support Masimo to assist hospitals in providing constant care through connectivity, automation, and innovative noninvasive monitoring technologies. Similarly, in April 2019, Inogen, Inc. introduced the Inogen One G5 portable oxygen concentrator with the highest oxygen production capacity per pound of weight, amounting to 1,260 ml. In May 2020, Philips partnered with Masimo. This partnership was aimed at integrating Masimo’s measurement technologies into select intellivue MX-Series multi-parameter monitors to help clinicians examine ventilation status and cerebral oximetry. In March 2019, ResMed acquired HB Healthcare Safety, a provider of home-based medical equipment for sleep and respiratory care devices.

 

The impact of the COVID-19 crisis is expected to further accelerate the growth of the respiratory devices market in North America. In addition, the threat will have a lasting impact on governments and regulatory agencies in terms of future preparedness when it comes to the next pandemic. Today, government is playing catch-up, swiftly intervening in an attempt to create alliances with manufacturers to handle the COVID-19 threat. In addition, international regulatory agencies are considering accelerated approval of certain respiratory devices.

 

Mexico Pulmonary Devices Market, Revenue and Forecast to 2027 (US$ Mn)

Mexico Pulmonary Devices Market, Revenue and Forecast to 2027 (US$ Mn)

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NORTH AMERICA PULMONARY DEVICES MARKET SEGMENTATION

 

By Type

  • Therapeutic Devices
  • Consumables and Accessories
  • Diagnostic Devices
  • Monitoring Devices

 

By Application

  • Chronic Obstructive Pulmonary Disease (COPD)
  • Sleep Apnea
  • Asthma
  • Infectious Diseases
  • Others

 

By End User

  • Hospitals
  • Home Care Settings
  • Ambulatory Care Centers

 

By Country

  • US
  • Canada
  • Mexico

 

Company Profiles

  • ResMed
  • Masimo
  • Invacare Corporation
  • Koninklijke Philips N.V.
  • Getinge AB

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        North America Pulmonary Devices Market – By Type

1.3.2        North America Pulmonary Devices Market – By Application

1.3.3        North America Pulmonary Devices Market– By End User

1.3.4        North America Pulmonary Devices Market – By Country

2.           North America Pulmonary Devices Market –  Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           North America Pulmonary Devices Market –  Market Landscape

4.1         Overview

4.2         PEST Analysis

4.2.1        Pulmonary devices Market - North America PEST Analysis

4.3         Expert Opinion

5.           North America Pulmonary Devices Market -  Key Market Dynamics

5.1         Key Market Drivers

5.1.1        Rising Number of COVID-19 Cases

5.1.2        Increasing Prevalence of Respiratory Diseases

5.2         Key Market Restraints

5.2.1        Unfavourable Reimbursement Scenario

5.3         Key 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 – North America Analysis

6.1         North America Pulmonary Devices Market Revenue Forecasts and Analysis

7.           North America Pulmonary Devices Market Analysis and Forecasts To 2027 – By Type

7.1         Overview

7.2         North America Pulmonary Devices Market, By Type 2019 & 2027 (%)

7.2.1        North America Pulmonary Devices Market Revenue and Forecasts to 2027, By Type (US$ Mn)

7.3         Therapeutic Devices

7.3.1        Overview

7.3.2        North America Therapeutic Devices Market Revenue and Forecast to 2027 (US$ Mn)

7.4         Consumables and Accessories

7.4.1        Overview

7.4.1.1          North America Consumables and Accessories Market Revenue and Forecasts to 2027 (US$ Mn)

7.5         Diagnostic Devices

7.5.1        Overview

7.5.2        North America Diagnostic Devices Market Revenue and Forecast to 2027 (US$ Mn)

7.6         Monitoring Devices

7.6.1        Overview

7.6.2        North America Monitoring Devices Market Revenue and Forecast to 2027 (US$ Mn)

8.           North America Pulmonary Devices Market Analysis and Forecasts To 2027 – By Application

8.1         Overview

8.2         North America Pulmonary Devices Market, By Application 2019 & 2027 (%)

8.2.1        North America Pulmonary Devices Market Revenue and Forecasts to 2027, By Application (US$ Mn)

8.3         COPD

8.3.1        Overview

8.3.2        North America COPD Market Revenue and Forecast to 2027 (US$ Mn)

8.4         Asthma

8.4.1        Overview

8.4.2        North America Asthma Market Revenue and Forecasts to 2027 (US$ Mn)

8.5         Sleep Apnea

8.5.1        Overview

8.5.2        North America Sleep Apnea Market Revenue and Forecasts to 2027 (US$ Mn)

8.6         Infectious Diseases

8.6.1        Overview

8.6.2        North America Infectious Diseases Market Revenue and Forecasts to 2027 (US$ Mn)

8.7         Others

8.7.1        Overview

8.7.2        North America Others Market Revenue and Forecasts to 2027 (US$ Mn)

9.           North America Pulmonary Devices Market Analysis – By End-User

9.1         Overview

9.2         North America Pulmonary Devices Market, By End-User 2019-2027 (%)

9.2.1        North America Pulmonary Devices Market Revenue and Forecasts to 2027, By End-User (US$ Mn)

9.3         Hospitals

9.3.1        Overview

9.3.2        North America Hospitals Market Revenue and Forecasts to 2027 (US$ Mn)

9.4         Homecare Settings

9.4.1        Overview

9.4.2        North America Homecare Settings Market Revenue and Forecasts to 2027 (US$ Mn)

9.5         Ambulatory Care Centers

9.5.1        Overview

9.5.2        North America Ambulatory Care Centers Market Revenue and Forecasts to 2027 (US$ Mn)

10.        Pulmonary Devices Market Revenue and Forecasts To 2027 – Geographical Analysis

10.1      North America Pulmonary Devices Market Revenue and Forecasts To 2027

10.1.1     Overview

10.1.2     North America: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)

10.1.3     North America: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)

10.1.4     North America: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)

10.1.5     North America: Pulmonary Devices Market, By End User – Revenue and Forecast to 2027 (USD Million)

10.1.6     North America: Pulmonary Devices Market, by Country, 2019 & 2027 (%)

10.1.7     US: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)

10.1.7.1       US: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)

10.1.7.2       US: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)

10.1.7.3       US: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)

10.1.7.4       US: Pulmonary Devices Market, End User – Revenue and Forecast to 2027 (USD Million)

10.1.8     Canada: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)

10.1.8.1       Canada: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)

10.1.8.2       Canada: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)

10.1.8.3       Canada: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)

10.1.8.4       Canada: Pulmonary Devices Market, End User – Revenue and Forecast to 2027 (USD Million)

10.1.9     Mexico: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)

10.1.9.1       Mexico: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)

10.1.9.2       Mexico: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)

10.1.9.3       Mexico: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)

10.1.9.4       Mexico: Pulmonary Devices Market, End User – Revenue and Forecast to 2027 (USD Million)

11.        Impact of COVID-19 Pandemic on North America Pulmonary Devices Market

11.1      North America: Impact Assessment of COVID-19 Pandemic

12.        Company Profiles

12.1      ResMed

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      Masimo

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      Invacare Corporation

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Koninklijke Philips N.V.

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      Getinge AB

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

13.        Appendix

13.1      Glossary of Terms

LIST OF TABLES

Table 1.             North America Pulmonary Devices Market Revenue and Forecasts To 2027, By Type (US$ Mn)

Table 2.             North America Pulmonary Devices Market Revenue and Forecasts To 2027, By Application (US$ Mn)

Table 3.             North America Pulmonary Devices Market Revenue and Forecasts To 2027, By End-User (US$ Mn)

Table 4.             North America: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)

Table 5.             North America: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 6.             North America: Pulmonary Devices Market, By End User – Revenue and Forecast to 2027 (USD Million)

Table 7.             US: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)

Table 8.             US: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 9.             US: Pulmonary Devices Market, End User – Revenue and Forecast to 2027 (USD Million)

Table 10.          Canada: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)

Table 11.          Canada: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 12.          Canada: Pulmonary Devices Market, End User – Revenue and Forecast to 2027 (USD Million)

Table 13.          Mexico: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)

Table 14.          Mexico: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 15.          Mexico: Pulmonary Devices Market, End User – Revenue and Forecast to 2027 (USD Million)

Table 16.          Glossary of Terms, Pulmonary Devices Market

 

 

LIST OF FIGURES

Figure 1.           Pulmonary Devices Market Segmentation

Figure 2.           North America Pulmonary Devices Market Overview

Figure 3.           Therapeutics Segment Held Largest Share of Pulmonary Devices Market

Figure 4.           US is Expected to Show Remarkable Growth During the Forecast Period

Figure 5.           North America Pulmonary Devices Market - Leading Country Markets (US$ Mn)

Figure 6.           Pulmonary devices Market - North America PEST Analysis

Figure 7.           Pulmonary devices Market Impact Analysis of Driver and Restraints

Figure 8.           North America Pulmonary Devices Market – Revenue Forecasts and Analysis – 2019- 2027

Figure 9.           North America Pulmonary Devices Market, By Type 2019 & 2027 (%)

Figure 10.        North America Therapeutic Devices Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 11.        North America Consumables and Accessories Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 12.        North America Diagnostic Devices Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 13.        North America Monitoring Devices Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 14.        North America Pulmonary Devices Market, By Application 2019 & 2027 (%)

Figure 15.        North America COPD Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 16.        North America Asthma Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 17.        North America Sleep Apnea Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 18.        North America Infectious Diseases Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 19.        North America Others Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 20.        North America Pulmonary Devices Market, by End-User 2019 & 2027 (%)

Figure 21.        North America Hospitals Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 22.        North America Homecare Settings Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 23.        North America Ambulatory Care Centers Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 24.        North America: Pulmonary Devices Market, by Key Country – Revenue (2019) (USD Million)

Figure 25.        North America: Pulmonary Devices Market Revenue and Forecast to 2027 (USD Million)

Figure 26.        North America: Pulmonary Devices Market, by Country, 2019 & 2027 (%)

Figure 27.        US: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)

Figure 28.        Canada: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)

Figure 29.        Mexico: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)

Figure 30.        Impact of COVID-19 Pandemic on Pulmonary Devices Market in North American Countries

 

The List of Companies - North America Pulmonary Devices Market

  1. ResMed
  2. Masimo
  3. Invacare Corporation
  4. Koninklijke Philips N.V.
  5. Getinge AB

 

  • It provides understanding of the North America, pulmonary devices market landscape and identifies pulmonary devices market segments that are most likely to guarantee a strong return.

  • It guides stay ahead of the race by comprehending the ever-changing competitive landscape for the North America pulmonary devices market.

  • It helps efficiently plan merger and acquisition, and partnership deals in the pulmonary devices market by identifying market segments with the most promising probable sales.

  • It facilitates knowledgeable business decision-making through perceptive and comprehensive analysis of pulmonary devices market performance of various segments pertaining to the North America pulmonary devices market.

  • It provides pulmonary devices market revenue forecast of the market based on various segments for the period from 2019 to 2027.
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