Respiratory Monitoring Devices Global Market Sees Growth Rate Of 13% Through 2022

The global respiratory monitoring devices market size is expected to grow from $1.17 billion in 2021 to $1.33 billion in 2022 at a compound annual growth rate (CAGR) of 13.3%. The global respiratory monitoring device market size is expected to grow to $2.07 billion in 2026 at a CAGR of 11.7%.

What is the Global Respiratory Monitoring Devices Market?

The respiratory monitoring devices market consists of sales of respiratory monitoring devices used to monitor respiration-related parameters that aid the detection of acute or chronic respiratory disorders.

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What drives the Global Respiratory Monitoring Devices Market?

The market for respiratory monitoring devices is experiencing exponential growth due to the COVID-19 pandemic. The fact that COVID-19 is essentially a respiratory ailment has boosted the use of respiratory monitoring devices, to monitor the physiological functions of the lungs during COVID-19 treatment.

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Global Respiratory Monitoring Devices Market Segments
The global respiratory monitoring devices market is segmented:
By Type: Capnographs, Gas Analyzers, Pulse Oximeters, Peak Flow Meters, Spirometers, Polysomnographs, Others
By End-User: Laboratories, Hospitals, Home Use
By Application: Chronic Obstructive Pulmonary Disease (COPD), Infectious Diseases, Asthma, Others
By Geography: The regions covered in the respiratory monitoring devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia Pacific accounts for the largest share in the global respiratory monitoring devices market.

Respiratory Monitoring Devices Global Market Report 2022provides market size and growth forecasts for the global respiratory monitoring devices market, global respiratory monitoring devices market share, respiratory monitoring devices market segments and geographies, respiratory monitoring devices market competitive landscape including leading competitors’ revenues, profiles and market shares. The respiratory monitoring devices market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Respiratory Monitoring Devices Industry Playersinclude Covidien, GE Healthcare, Philips Healthcare, ResMed, Siemens Healthcare, Merck & Co., Calando Pharmaceuticals, Quark Pharmaceuticals, Sirnaomics Inc, and Traversa Therapeutics. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.