According to the latest report by Renub Research, titled "Respiratory Care Devices Market Global Analysis by Product, Type, Region, Companies" Respiratory disease affects persons breathing ability number of these patients are increasing year on year; disease like COPD (Chronic Obstructive Lung Disease), sleep apnea and asthma have increased in the last few years. For treatment and diagnosis of cardiopulmonary disease, respiratory care devices are used globally.
Age factor is one of the primary factors for these diseases, as a person become older, the functioning of lung began to decline, due to this respiratory system undergoes numerous immunological, functional, and physiological changes. These respiratory devices can be used in different environments from home to hospitals; these devices also have portable and stationary settings, based on the need of the patient. The Respiratory Care Devices Market is expected to be US$ 30.5 Billion by the end of the year 2025.
Over 235 million people had asthma in the year 2017, according to World Health Organizations’ statistics, since then the number of patients is increasing, and demand for respiratory care devices had increased tremendously. Chronic Obstructive Lung Disease (COPD) is one of the leading causes of death in the whole world. One out of five patients will die due to affected by these diseases.
COVID-19 Impact on Respiratory Care Devices Industry
Over a billion people are affected due to this deadly virus. The whole world is currently facing healthcare as well as financial problems due to disease outbreak. Most of the healthcare facilities have reserved their resources for the treatment of COVID-19 patients. Respiratory care devices market is affected as there is a huge demand for these kinds of devices such as Humidifiers, PAP Devices, Peak Flow Meter, Tracheostomy Tube, Ventilators, Nebulizers, Medical Oxygen Concentrators and Pulse Oximeters will also boost the market in upcoming years as well.
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