Digital respiratory devices compromise therapeutic and diagnostic tools connected to smartphone applications or other data collection modules. Digital respiratory devices majorly focus on the advancements in information technology concerning data integration, storage, and delivery and display of medical records and patient information properly. They help deliver the correct dose of the drug and efficiently monitor patient health and treatment outcomes.?
MARKET DYNAMICS
Some of the major factors propelling the growth of the global digital respiratory devices market include substantial investments made in personalized medicine, increased awareness among individuals regarding the benefits of connected inhalers, and growing adoption of sensor technologies and apps to monitor and manage inhalation of medications. However, low penetration rates of anaesthesia devices in underdeveloped and developing countries and high prices of advanced devices are some factors that restrain the market growth.
MARKET SCOPE
The "Digital Respiratory Device Market Analysis to 2028" is a specialized and in-depth study of the Medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of digital respiratory device market with detailed market segmentation with type and application. The digital respiratory device market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in digital respiratory device market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The digital respiratory device market is segmented on the basis of type, application and end user. On the basis of type, the digital respiratory device market is divided into sensors and apps and smart inhalers and nebulizers. Based on application, the digital respiratory device market can be segmented as asthma and chronic obstructive pulmonary disease (COPD). On the basis of end user, market is segmented into hospital and home care.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the digital respiratory device market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The digital respiratory device market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyses factors affecting digital respiratory device market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the digital respiratory device market in these regions.
MARKET PLAYERS
The report covers key developments in digital respiratory device market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from digital respiratory device market are anticipated to have lucrative growth opportunities in the future with the rising demand for digital respiratory device in the global market. Below mentioned is the list of few companies engaged in digital respiratory device market.
The report also includes the profiles of key players in digital respiratory device market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered financial information of last 3 years, key development in past five years.
?3M
?Adherium Limited
?AstraZeneca plc
?Amiko Digital Health Limited?(Amiko)
?Boehringer Ingelheim International GmbH
?Cohero Health, Inc.
?Novartis AG
?Propeller Health
?Sensirion AG
?Teva Pharmaceuticals Industries Ltd.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.