MarkNtel Advisors recently released a research report focusing on the Asia-Pacific Digital Respiratory Device Market for the forecast period of 2023-28. This approach enhances user understanding and supports well-informed decision-making. The report comprehensively addresses significant changes, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges using qualitative and quantitative data. To familiarize established businesses and newcomers with the present market scenario, the report offers detailed growth prospects for the industry and concise insights into competitors.
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Global Asia-Pacific Digital Respiratory Device Market Insight and Analysis:
The Asia-Pacific Digital Respiratory Device Market is projected to grow at a CAGR of around 36.2% during the forecast period, i.e., 2023-28.
The Outbreak of Covid-19 Prompting the Utmost Utilization of Digital Respiratory Devices: Key Trend to Watch
The sudden breakout of the pandemic in China and its spillover to other Asia-Pacific countries has increased the demand for Digital Respiratory Medical Devices exponentially. As such, the rise in the death toll and the number of infected individuals has pushed governments and private healthcare players toward adopting more sophisticated respiratory medical devices to detect, prevent and monitor such viral pandemics. Therefore, the demand is expected to proliferate in the forthcoming years as precautionary healthcare spending in various countries is likely to snowball considerably.
Global Asia-Pacific Digital Respiratory Device Industry Segmentation:
Based on Device Type
– Therapeutic Devices
— CPAP Devices
— BI-PAP Devices
— Humidifiers
— Nebulizers
— Ventilators
— Inhalers
— Oxygen Concentrates
— Resuscitators
– Diagnostics Monitoring Devices
— Spirometers
— Pulse Oximeters
– Consumables and Accessories
– Respiratory Therapy Wearable Medical Device
— Watch and Wristband
– Disposables
— Nasal Cannulas
— Filters
— Breathing Circuits
Based on End-User
– Homecare
– Hospitals and Clinics
– Ambulatory Care Centers
Based on Application
– Chronic Obstructive Pulmonary Disease
– Sleep Apnea
– Asthma
– Infectious Disease
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Geographically Analysis:
– China
– India
– Japan
– Australia
– New Zealand
– South Korea
– Rest of Asia-Pacific
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A thorough examination of the competitive landscape of the market involves a comprehensive analysis of its key competitors. This analysis delves deep into each company’s profile, financial achievements, market presence, potential, Research and Development (R&D) expenditures, recent strategic initiatives in the market, footprint, strengths, weaknesses, and market dominance. The information provided offers a comprehensive overview of the leading market players, including Philips, 3M Healthcare, Astra Zenca Plc., Novartis AG, GE Healthcare, Masimo Corporation, Cipla Ltd., Resmed Ltd., Teva Pharmaceuticals Industries Ltd., Acorda Therapeutics.
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