Global COPD and Asthma Devices Market Research and Forecast, 2018-2023

Global COPD (chronic obstructive pulmonary disease) and asthma devices market size, share, market intelligence, company profiles, market trends, growth, strategy, research and analysis report, forecast 2018-2023

COPD and Asthma devices are used to provide medication to the lungs. They also serve a purpose to supply the proper amount of ambient air or oxygen to a patient when the patient is not able to get the proper amount of oxygen just by inhalation. To get relief from asthma and COPD at hospitals, clinics, and home, and emergency situations, various medical devices have been developed. Inhaler and nebulizer being the most frequently used devices among others. Additionally, humidifier & dehumidifier, oxygen concentrators are also used by patients to get relief from such diseases.

Major factors that are augmenting the COPD and asthma devices market includes cohesive government policies and high prevalence of asthma and COPD disease globally. Changing lifestyle and increasing obesity are some other factors that are boosting the growth of respiratory diseases. According to Global Asthma Network, in 2017, around 339 million people were suffered from Asthma. As per the National Sleep Foundation, there are more than 18 million cases of COPD and Asthma devices in the US alone.  About 10% of the total cases of Asthma are in India. Habits such as overeating, smoking, lack of exercise and other major lifestyle changes are causing respiratory diseases. However, there is some major restraint to the market which includes the risk of developing thrush infection and a dearth of awareness about devices in emerging economies.

Browse full report at Global COPD and Asthma Devices Market

Global COPD and Asthma Devices Market has been segregated on the basis of product type and end-user. As per product type, the market has been segmented into the inhaler, nebulizer, humidifier and dehumidifier, respiratory mask, oxygen concentrator, and other consumables and accessories. The inhaler is expected to have a major market share during the forecast period with a significant growth rate. By end-user, the market has been divided into hospitals & clinics, and homecare. Homecare is expected to have a major market share due to high usage of inhaler by the patient on regular basis.

The global COPD and Asthma devices market is further analyzed on the basis of the geographical regions into North America, Europe, Asia-Pacific and Rest of the World (RoW). It is expected that the North America and Europe region will hold a significant market share due to higher per capita health expenditure and well-developed healthcare infrastructure in these regions. Whereas the Asia-Pacific region is expected to be the fastest growing region during the forecast period. China, India, and Japan are expected to be lucrative regions in the Asia-Pacific region. Significantly higher air pollution level than any other regions will act as a major growth factor for increasing asthma and COPD devices market in the region.

The report covers

• Comprehensive research methodology of global COPD and asthma devices market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key                              recommendations.
• Analysis of regional regulations and other government policies impacting the global COPD and                  asthma devices market.
• Insights about market determinants which are stimulating the global COPD and asthma devices                  market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.

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