March 31, 2014 07:58 AM Eastern Daylight Time
DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/ft233n/the_worldwide) has announced the addition of the “The Worldwide Market for Respiratory Devices” report to their offering.
The 47 billion-dollar worldwide respiratory device market continues to grow mainly due to the aging of the world population and increasing incidence of respiratory diseases.
The bulk of the revenue in this market is from the 36 billion-dollar inhaler market. Metered dose inhalers or dry powder versions are commonly used devices for treatment of asthma, chronic bronchitis, COPD, cystic fibrosis, or any lung disease characterized by chronic or acute inflammation.
Airway and mask devices are a smaller portion of the market but will see faster growth, according to the report. Products such as endotracheal tubes; tracheostomy tubes, nasopharyngeal catheters and oxygen mask devices are used to supply oxygen, or to open and maintain an airway for oxygen delivery to conscious or unconscious patients. They are used during emergency rescues and during surgical anesthesia. Many of these products are disposable and used in hospital or homecare settings. New innovations in materials used for products are focusing on comfort and wearability such as Devilbiss’s EasyFit SilkGel Nasal and Full Face Mask and Teleflex’s Softech Plus nasal cannula.
The report says the market encompasses many different products to help treat and monitor respiratory conditions as well as many large and small manufacturers. Respiratory devices have grown impressively in many of the categories over last few years, due to growths of the relevant conditions.
Companies Mentioned:
– Airsep
– Astrazeneca
– Boehringer ingelheim gmbh
– Covidien
– Devilbiss Healthcare
– Fisher & paykel healthcare
– Ge healthcare
– Glaxosmithkline
– Invacare
– Maquet medical systems
– Medline
– Merck & company, inc.
– Omron healthcare
– Pari respiratory equipment, inc.
– Philips/respironics
– Resmed
– Smiths Medical
– Spirometrics
– Teleflex
For more information visit http://www.researchandmarkets.com/research/ft233n/the_worldwide
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