‘Huge growth’ predicted through industry
The objective of the “Global Respiratory Care Devices Market” report is to depict the trends and upcoming for the Respiratory Care Devices industry over the forecast years. Respiratory Care Devices Market report data has been gathered from industry specialist/experts.
While the size of the market is studied and predicted from 2019 to 2028, experts study the year 2016 as their base year of concentration. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation.
Numerous factors are fueling the growth of global respiratory care devices market, such as:
- high prevalence of respiratory diseases such as chronic obstructive pulmonary disease (COPD), tuberculosis, asthma and pneumonia
- rising urbanization and pollution levels
- increasing incidence of pre-term births
- increasing geriatric population
- high prevalence of smokers, and
- changing lifestyle
In addition, rising demand for cutting-edge technologies, increasing per capita income and rising demand for respiratory devices in private sector hospitals and clinics, are other factors attributed to market growth.
Detailed investigation of market beneficial in understanding the in-depth market vision and future plans. The information was collected from various magazines, yearly reports, internet sources, and journals are confirmed by conducting face-to-face or telephonic interviews with the Respiratory Care Devices industry specialist.
SOURCE: Market Watch