Past Webinar

Respiratory Care Devices Market

27 Jun, 2022 | 20:00 IST | 09:30 CST | 14:30 GMT

Respiratory Care Devices Market

By Akshay malunjkar

Respiratory Care Devices Market Analysis and Landscape
Respiratory care devices such as ventilators, oxygen concentrators, inhalers, spirometers, and positive airway pressure are primarily used to diagnose, treat, and monitor respiratory diseases. A surge in demand for these devices was observed during the COVID-19 pandemic. Rising prevalence of chronic respiratory diseases, introduction of innovative product launches, and extensive activities in R&D have further boosted the market. Moreover, connected respiratory devices and sensor-based smart devices gained significant traction across end users, such as hospitals, clinics, and home-care settings.

With the advent of COVID-19, there has been a significant rise in respiratory diseases. Large-targeted patient pool, improving diagnosis and treatment-seeking rates, and high adoption of home-based devices—such as inhalers, nebulizers, PAP devices, and portable oxygen concentrators—make noteworthy contributions to the proliferation of the respiratory care sector. 

The expedited digital and portable solutions are gaining traction in the respiratory care device market. Market players focus on technology convergence, integrating digital and sensor technologies to create smart medical devices, and improving clinical outcomes and patient engagement during disease management. Aiding the aim, AI-based mobile medical applications may help diagnose and manage respiratory diseases and reduce costs by eliminating the requirement for basic medical tests. Additionally, patients\\\\\\\' acceptance for out of hospital care respiratory devices created an opportunistic pool for existing market leaders and new market players. The emergence of various start-ups and product launches by local and regional players is expected to create growth opportunities over the coming years.

During the webinar, the team at The Insight Partners will talk about the impact analysis along with trends and challenges in the global and regional market of respiratory devices with a special focus on ventilators.

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