Germany Respiratory Devices Market Analysis

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  • Type: Therapeutics Area
  • Published : April 2021
  • Region: Europe
  • Country: Germany
  • Report ID : 2018

  • Format: PPT, PDF

Germany Respiratory Devices Market: Segmented by Type & End-user – Growth, Trends, and Forecasts (2019 – 2028)

 

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SKU: 2018 Categories: ,

Report Overview

Germany’s Respiratory Devices market size stood at around USD XX.X billion in 2019 and is projected to reach USD XX billion by 2028, exhibiting a CAGR of around 6.5% during the forecast period.

As per the National Institute of Health Research 2019, the prevalence of Chronic obstructive pulmonary disease (COPD) in Germany is around 2.7 million. In addition, according to the Global Health Data Exchange, in 2017 approximately 575,558 people are affected by COPD in Germany. Thus, the presence of such a large number will demand respiratory devices and drive the market in Germany. Moreover, the incidence of Asthma population has been increased in past years. As per the Global Health Data Exchange in 2016 the number of new cases reported in Germany was 202,652.32 which further increased to 202,839.14 in 2017 and this is expected to rise in the future.

Market Drivers

The increasing prevalence of respiratory disorders, such as COPD, TB, Asthma, and Sleep Apnea, technological advancements, and large patient population are major market drivers for the German respiratory devices market.

Furthermore, Increasing R&D expenditure by innovators and generic players, technological advancements associated with respiratory devices, and the rising aging population will also fuel the German respiratory devices market. However, high costs associated with the devices may hamper the market to a certain extent.

 

1. Germany Respiratory Devices Market Overview……………………………
A. Market Size
2. Market Drivers……………………..………………………………….………….
A. Increasing prevalence of respiratory disorders
B. Technological Advancements
C. Raising ageing population
3. Major Respiratory Diseases………………………………………………………..
A. COPD
B. Pulmonary Hypertension
C. Asthma
D. Cystic Fibrosis
E. Allergic Rhinitis
F. Idiopathic Pulmonary Fibrosis
4. Respiratory Devices Market Segmentation…………………………………
A. By Type
a. Diagnostic and Monitoring Devices
i. Sleep Test Devices
ii. Peak Flow Meters
iii. Pulse Oximeters
iv. Others
b. Therapeutic Devices
i. CPAP Devices
ii. BiPAP Devices
iii. Humidifiers
iv. Nebulizers
v. Ventilators
vi. Oxygen Concentrators
vii. Inhalers
viii. Others
c. By Disposables
i. Masks
ii. Breathing Circuits
iii. Others
B. By End user
a. Hospitals and Clinics
b. Home care
5. Major Products Market Share………………………………
A. Market Analysis, Insights and Forecast – By Revenue
6. Competitive Landscape…………………………………………………………………
A. Major Players
B. Products in Pipeline
7. Key Company Profiles…………………………………………………………………..
A. Bayer AG Company overview, Product & Services, Strategies & Financials
B. DeVilbiss Healthcare GmbH Inc. Company overview, Product & Services, Strategies & Financials
C. Boehringer Ingelheim International GmbH Company overview, Product & Services, Strategies & Financials
8. Healthcare Policies and Regulatory Landscape……………………………
A. Policy changes and Reimbursement scenario
9. Factors Driving Future Growth……………………………………………………
A. New Trends and Developments
B. Future Opportunities
10. Conclusion

Respiratory devices comprise respiratory diagnostic devices, therapeutic devices, and breathing devices for administering long-term artificial respiration. It also includes a breathing apparatus used for resuscitation, by forcing oxygen into the lungs of a person who has undergone asphyxia.

By Type:

Germany Respiratory Devices Market can be segmented based on type as:

    • Diagnostic and Monitoring Devices
      • Sleep Test Devices
      • Peak Flow Meters
      • Pulse Oximeters
      • Others
    • Therapeutic Devices
      • CPAP Devices
      • BiPAP Devices
      • Humidifiers
      • Nebulizers
      • Ventilators
      • Oxygen Concentrators
      • Inhalers
      • Others
    • By Disposables
      • Masks
      • Breathing Circuits
      • Others

Therapeutic devices are estimated to witness healthy growth in the future attributed to the growing prevalence of respiratory disorders, rising chronic diseases, and the growing geriatric population. The CPAP and BiPAP devices are widely used in the obstructive sleep apnea patient population. The rising sleep apnea population in Germany and the availability of reimbursement coverage in this region are expected to fuel the therapeutic device segment growth. This rising prevalence and enhanced patient compliance will likely positively impact segment growth.

By End-user:

Based on end-user, the market is analyzed into hospitals and clinics, and home care.

Major Players

The German Respiratory Devices Market is moderately competitive and consists of several major players. Some of the companies which are currently dominating the market are:

    • Geratherm Respiratory GmbH
    • Bayer AG
    • DeVilbiss Healthcare GmbH
    • Drägerwerk AG
    • Fisher & Paykel Healthcare Limited
    • Novartis AG
    • Boehringer Ingelheim International GmbH
    • GlaxoSmithKline plc
    • Invacare Corporation
    • Chart Industries
    • Koninklijke Philips NV

Ingelheim-based Boehringer Ingelheim International GmbH collaborated with Weill Cornell Medicine in February 2017. The aim of the collaboration is to find new treatment approaches for chronic pulmonary diseases. The three-year collaboration aimed to develop novel treatments that could stop and decrease the progression of COPD. Additionally, in June 2017, the company announced a research collaboration with Harvard Stem Cell Institute, the alliance was formed to discover new treatments for idiopathic pulmonary fibrosis.

 

 

 

 

Research Methodology

Insights10 will provide you reports within 10 key parameters which are:

  1. Market overview
  2. Market growth drivers & restraints
  3. Epidemiology or disease type
  4. Market segmentation
  5. Market share
  6. Competitive landscape
  7. Key company profiles
  8. Healthcare policies & regulatory framework
  9. Reimbursement scenario
  10. Factors driving future growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision making for business stakeholders. Our focused approach to develop reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

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The top-down approach mainly used for new product forecasting and bottom-up approach is used for demand estimation of any product for different countries summed up to form total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and Africa for the period of 2020 to 2028. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape and policy and regulatory scenario and the quantitative analysis covers different market estimates and forecasts.

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We make sure to finalize the numbers in alignment to the market research. Firstly, our internal experts ensure thorough validation and checking to ensure the accurate and precise analysis and then validation is also done using multiple data analysis model.  Two level validation is done and entails finalization of report scope and to way of representation pattern.

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analysed and synthesized. A second series of interviews are done if necessary to check and validate. The future opportunities are analysed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results are then, interpreted by considering following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue / volume
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Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

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The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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