Daily exposure to environmental pollution, increase in population susceptible to indoor air pollutants, portability of the drug delivery devices, rise in population of active smokers, and surge in the number of surgeries fuel the growth of the global asthma diagnostic and monitoring device sector. Based on region, the market across North America held the lion’s share in 2019, and is expected to lead the trail throughout the forecast period.
Portland, OR, April 22, 2021 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global COPD And Asthma Diagnostic And Monitoring Device Industry was pegged at $4.95 billion in 2019, and is expected to garner $8.20 billion by 2027, with a CAGR of 6.3% from 2020 to 2027.
Daily exposure to environmental pollution, increase in population susceptible to indoor air pollutants, portability of the drug delivery devices, rise in population of active smokers, and surge in the number of surgeries fuel the growth of the global asthma diagnostic and monitoring device sector. However, high costs of the device and stringent regulatory procedures restrain the growth to some extent. On the other hand, high growth potential in developing markets and rise in geriatric population are projected to present an array of opportunities in the industry.
Download Sample Report at: https://www.alliedmarketresearch.com/request-sample/10932
The use of COPD and asthma diagnostic and monitoring devices has increased during the covid-19 outbreak, owing to keep track of physiological functions of lungs.
The augmented demand and utilization is likely to continue post pandemic as well, since the key players are supporting up the development of the health system actively.
The global COPD and asthma devices market is segmented on the basis of product, indication, end user, and region. Based on product, the diagnostic devices segment held the highest revenue share with more than two-thirds of the global asthma diagnostic and monitoring device market share in 2019, and is expected to lead the trail by the end of 2027. However, the consumables and accessories segment is expected to portray the fastest CAGR of 7.4% throughout the forecast period.
Based on indication, the asthma segment dominated the market with highest revenue share, accounting for nearly two-thirds of the global asthma diagnostic and monitoring device market revenue in 2019, and is projected to lead the trail by 2027. On the other hand, the COPD segment is expected to grow at the fastest CAGR of 6.7% from 2020 to 2027.
Enquiry for Short-term and Long-term Impacts of COVID-19 at: https://www.alliedmarketresearch.com/purchase-enquiry/10932
Based on region, the market across North America held the lion’s share in 2019, with nearly two-fifths of the global asthma diagnostic and monitoring device market. On contrary, the market across Asia-Pacific is expected to manifest the fastest CAGR of 7.0% during the forecast period. The market is also studied across Europe and LAMEA.
Major market players profiled in the report include Masimo Corporation, Medtronic Plc, Koninklijke Philips N.V, Nihon Kohden Corporation, Smiths Medical, Becton Dickinson And Company, Drägerwerk AG & CO. KGAA, Getinge AB, Invacare Corporation, and Vyaire Medical Inc.
Avenue Basic Plan | Library Access | 1 Year Subscription |
Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.
Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter
Get more information: https://www.alliedmarketresearch.com/library-access
We have also published few syndicated market studies in the similar area that might be of your interest. Below are the report title for your reference, considering Impact of Covid-19 Over This Market which will help you to assess aftereffects of pandemic on short-term and long-term growth trends of this market.
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
CONTACT: Contact: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1(855)550-5975 email@example.com Web: https://www.alliedmarketresearch.com Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research