Indian Respiratory Devices Market Analysis


  • Type: Therapeutics Area
  • Published : April 2021
  • Region: Asia
  • Country: India
  • Report ID : 1218

  • Format: PPT, PDF

Indian Respiratory Devices Market: Segmented by Type (Diagnostic and Monitoring Devices, Therapeutic Devices, By Disposables) & by End User (Hospitals and Clinics, Home care) Growth, Trends, and Forecasts (2019 – 2028)

SKU: 1218 Categories: ,

Report Overview

Indian Respiratory Devices Market size stood at around USD XX billion in 2019 and is projected to reach USD XX billion by 2028, exhibiting a CAGR of around 7.12% during the forecast period.

There is a high incidence rate of respiratory diseases in India. Rapid urbanization in the developing economy and a large amount of pollution contributing to the respiratory diseases. The Indian respiratory devices market is expected to show a rapid growth due to the increasing prevalence of respiratory disorders, such as COPD, TB, asthma, and sleep apnea, along with technological advancements and increasing applications in-home care settings. About 2.5-5% of Indian suffers from respiratory ailments with asthma and other respiratory diseases such as chronic bronchitis, emphysema, and COPD in India. The large share of COPD segment can be attributed to the increasing prevalence of smoking and environmental factors. This segment is also expected to show the highest growth in the market, followed by asthma.

Market Drivers

The growth of this market is mainly attributed to the high prevalence of respiratory diseases, high prevalence of smoking, rising urbanization and pollution levels, increasing incidence of preterm births, and lifestyle change, growth in the geriatric population, rising incidence of chronic diseases (including COPD and asthma), and the cost advantages of home care devices and services and the Infectious respiratory diseases directly drive demand for respiratory care. COVID-19 pandemic has resulted in a surge in demand for personal protection equipment and ventilators, among others. The awareness about these diseases and healthcare facilities and the government investment in mitigating respiratory ailments, rise in the ageing population, etc. are the factors help in driving the respiratory devices market in India.

1. Indian Respiratory Devices Market Overview…………………………………………..
A. Market Size
2. Market Drivers……………………..………………………………………….………….
A. Growth in the Geriatric Population
B. High Prevalence of Respiratory Diseases
C. Awareness about Respiratory Diseases
D. Growing funding from the Government for the Health Sector
3. Major Respiratory Diseases………………………………………….……………….
B. Chronic and Acute Bronchitis
C. Asthma
D. Cystic Fibrosis
E. Idiopathic Pulmonary Fibrosis
4. Respiratory Devices Market Segmentation……………………………………………
A. By Type
a. Diagnostic and Monitoring Devices
b. Therapeutic Devices
c. By Disposables
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. DeVibiss Healthcare LLC Company overview, Product & Services, Strategies & Financials
B. Dragewerk AG Company overview, Product & Services, Strategies & Financials
C. Fisher & PayKel Healthcare Ltd 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 Development of Respiratory Device Market
B. Future Opportunities
10. Conclusion

Market Segmentation
Respiratory devices comprise of 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:

Indian Respiratory Devices Market can be segmented based on type as:
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
Indian Respiratory Monitoring Market is segmented based on diagnostic and monitoring devices, type, end-user and region. Based on diagnostic and monitoring devices, the Indian Respiratory Monitoring Market is segmented into spirometers, sleep test devices, peak flow meters, pulse oximeters, capnographs and others
Based on type, the market is segmented into therapeutic and disposables. The therapeutic segment is further segmented into CPAP devices, BiPAP devices, humidifiers, nebulizers, oxygen concentrators, ventilators, inhalers and others. The disposable segment is further divided into masks, breathing circuits and others.

By End- User:

Based on end-user, the market is analysed into hospitals and clinics, and home care. Of these hospitals are accounting for the largest market share. Growing public-private partnerships to improve access to healthcare services along with rapid developments in healthcare infrastructure are expected to be the key factors driving the growth of the respiratory care devices market for hospitals.

Major Players
The major players for Respiratory Device in India are Devibiss Healthcare LLC, Dragewerk AG, Fisher & Paykel Healthcare Ltd, GE Healthcare, Glaxosmithkline PLC. Other players for respiratory devices in India include AstraZeneca, Medtronic, Philips, Resmed, and GSK. These companies present in the market are found focusing on product innovations, expansions, finding new markets, or innovating their core competency to expand their individual market share.



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

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Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. start with large overall market and segment different areas and bottom-up approach i.e. start with population and epidemiology and roll up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

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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Stage III: Interpretation and Presentation

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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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