Respiratory diseases including asthma, chronic obstructive pulmonary disorder (COPD), acute respiratory infections, tuberculosis, and lung cancer are some of the major chronic diseases affecting millions of people around the world. There is an alarming rise in the incidence of respiratory diseases, especially in the Asia Pacific, and the prevalence of respiratory diseases is higher in Western countries including the U.S., the U.K., Germany, France, and Russia. Respiratory disposable devices include inhalers, masks, and other aids which help the patients suffering from different types of respiratory diseases. There has been a marked increase in the number of patients admitted to the hospital inpatient and outpatient settings suffering from respiratory diseases, and there has been an observed shift toward the usage of disposable respiratory devices from the traditional reusable ones.

A major factor driving the disposable respiratory devices market includes the elimination of risk of cross contamination associated with the usage of reusable respiratory devices, especially in the hospital settings, as most respiratory diseases are contagious and improper sterilization processes usually lead to cross contamination and increased spread of the disease. Other factors that are anticipated to drive the respiratory disposable devices market include increasing number of domestic and global players entering the market with new products, which has substantially led to the decreasing prices of disposable devices, along with increasing hospital admissions due to chronic respiratory diseases, and rising average length of hospital inpatient stay. However, some factors such as preference for reusable products in homecare settings and independent clinics due to high cost-efficiency, and expected rise in the outpatient treatment of respiratory diseases are projected to restrain the market during forecast period.

The global respiratory disposable devices market can be segmented on the basis of type, disease indications, end-user, and regions. In terms of type, the respiratory disposable devices market can be segmented into masks, tubes, inhalers, and others. In terms of disease indications, the global respiratory disposable devices market can be segmented into asthma, chronic obstructive pulmonary disorder, tuberculosis, lung cancer, and other chronic respiratory diseases. The asthma segment accounted for a prominent share of the global respiratory disposable devices market in 2016, due to increasing prevalence of asthma and rising demand for inhalers, masks, and other respiratory devices, especially from emerging economies such as China, Brazil, and India. In terms of end-user, the market can be segmented into hospitals, clinics, ambulatory care centers, and others.

In terms of regions, the global respiratory disposable devices market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is projected to dominate the global respiratory disposable devices market during the forecast period. According to World Health Organization (WHO), an estimated 26 million people in the U.S., and 350 million people were suffering from asthma, globally, in 2014. Furthermore, the increasing prevalence of smoking and decreasing quality of air, especially in developing countries such as China and India has led to increasing prevalence of chronic obstructive pulmonary disorder (COPD).Moreover, WHO statistics state that an estimated 384 million people around the world were suffering from COPD in 2012. However, the incidence of asthma, COPD and other respiratory diseases is increasing in Asia Pacific due to increase in smoking, poor air quality, and a large patient population. This, in turn, is anticipated to fuel the demand for cost-effective disposable respiratory devices. These factors are projected to drive the respiratory disposable devices market in Asia Pacific between 2017 and 2025.

Key players operating in the global respiratory disposable devices market include Becton, Dickinson and Company, Smiths Medical, Medline Industries, Inc., Teleflex Incorporated, Ambu, and Fisher & Paykel Healthcare Limited.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Respiratory Disposable Devices Market

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