By Type (By Diagnostic and Monitoring Devices, Therapeutic Devices, Disposables), By End User (Hospital, Home Care), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030
Introduction:
Digital respiratory devices compromise therapeutic and diagnostic devices which are linked to smartphone Types or other data collection modules. These devices are used to provide medication or assist a patient having difficulty in breathing and cannot achieve adequate oxygen levels to maintain life. This device is used in the diagnosis and treatment of respiratory diseases such as asthma, cystic fibrosis, and acute respiratory distress syndrome. The digital respiratory solutions include connected devices, mobile apps, additional services and clinical portals.
Drivers and Restraints:
Increased burden of respiratory diseases globally, is a major factor driving the growth for the target market. For instance according to ersnet.org Around 235 million people undergo from asthma, about 200 million people have the chronic obstructive pulmonary disease (COPD), nearby 1–6% of the mature population experience sleep-disordered breathing and over 50 million people struggle with occupational lung diseases, the burden of such diseases is growing globally. The additionally rising number of surgical procedures, the growing geriatric population and the rise in healthcare expenditure in developing countries this led to fuel the growth for the target market. However, the lack of trained anesthesiologists and technical resources, low penetration rates of anaesthesia devices in underdeveloped and developing countries, and high prices of advanced devices are some factor restrain the market growth. Moreover rising government initiatives and funding for research and development will provide a great opportunity to the market.
Segmentation:
The global Digital respiratory devices market is segmented based on by type, by product, by type, by end-user, and region.
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Mr. Alex (Sales Manager)
Prophecy Market Insights
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Email: sales@prophecymarketinsights.com
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