The major trend driving the Respiratory Devices market is the rising incidence of Chronic Obtrusive Pulmonary Disease population.
Australia Respiratory Device market is currently estimated to be valued as $0.27 billion for the year 2015 and is expected to reach $0.46 billion by the end of 2020. The CAGR during this period of forecast is estimated to be 11.77%.
This escalation is developing the need to analyze, review and to forecast the growth of the medical aesthetic device market. Owing to the rapid evolution of market in the use of CPAP devices, medical device companies which are able to launch new innovative equipment will be awarded with huge benefits.
Large patient population, increase in the technological advancements, increased disposable income in developing nations are the major factors driving the growth of the respiratory devices market.
Expensive devices and increased sophistication in the usage of the devices are the major challenges faced by the respiratory devices.
What the report contains
The report elucidates the current scenario of the respiratory devices around the Australia region and also studies the markets of different respiratory devices which includes the likes of Humidifiers, resuscitators, breathing circuits, chambers, CPAP devices, masks, oxygen concentrators, nebulizers, ventilators, inhalers, tracheostomy tubes, oxygen cannulas, capnographs and spirometers. The study clarifies that the CPAP devices currently dominate the respiratory device market and are expected to dominate in the future also.
The market share of each region is analyzed and estimates are provided for the next 5 years. The various applications of respiratory devices have been discussed in detail in addition to a comprehensive overview of the market.
Review and Forecast period years
General Study Assumptions
Econometric Forecast Model
Market Overview and Industry trends
Current Market Scenario
Industry Value chain analysis
Product Life cycle analysis
Porter's Five Forces
Bargaining Power of Suppliers
Bargaining Power of Consumers
Threat to new entrants
Threat to substitute products and services
Competitive Rivalry within the industry
Drivers, Restraints, Opportunities, and challenges Analysis
Australia Respiratory Device– Market Segmentation
By Type of Device
Australia Respiratory Device Market - Regional shares and forecast
Merger and acquisition analysis
New Product Launches
Agreements, Collaborations and Parterships
Key Vendor Analysis
Analyst outlook for Investment opportunities
Future Outlook of the market
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