Australia respiratory care devices market is anticipated to reach an exponential growth in the upcoming five years. The market growth can be attributed to the factors like sudden outbreak of the COVID-19 pandemic. Respiratory care devices are in the overdrive of the sale due to the patients demand toward the treatment. COVID-19 is a respiratory failure causing virus. The new strain of the virus broke out in China in the month of December 2020.
In next three months, March 2021 World Health Organization announced the diseases as a pandemic that affected all the countries of the world. The virus causes a respiratory failure where the patient’s lungs get clogged, and the respiratory system of the patient weakens and ultimately shuts down causing the death. Moreover, the geriatric population of the country is rising at a rapid rate. The geriatric population is more susceptible to the respiratory failure, and more prone to cardiovascular diseases. Even after the post-surgery rehabilitation, the patient requires respiratory care devices to monitor the conditions of the lungs and heart. Thereby supporting the growth of the Australia respiratory care devices market in the next five years, until 2027.
The Australia respiratory care devices market is segmented by
Therapeutic devices are anticipated to hold the largest share of the market. The market owes its growth
Some of the top players in the Australia respiratory care devices market are, GE Healthcare Australia Pty Ltd., Medtronic Australasia Pty Ltd, ResMed Inc (Australia), Koninklijke Philips N.V. (Australia), Invacare Australia, Draeger Australia Pty. Ltd., Fisher & Paykel Healthcare Pty Limited, Omron Healthcare Australia, 3M Australia, Masimo Australia Pty. Ltd., among others. The companies are involving themselves into research and development for the methods of better quality, to provide better products.
Objective of the Study
- To analyze the historical growth in the market size of Australia respiratory care devices market from 2017 to 2021.
- To estimate and forecast the market size of Australia respiratory care devices market from 2022 to 2027 and growth rate until 2027.
- To classify and forecast Australia respiratory care devices market based on product type, indication, end user, regional distribution, and competitive landscape.
- To identify dominant region or segment in the Australia respiratory care devices market.
- To identify drivers and challenges for Australia respiratory care devices market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Australia respiratory care devices market.
- To identify and analyze the profile of leading players operating in Australia respiratory care devices market.
- To identify key sustainable strategies adopted by market players in Australia respiratory care devices market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers, suppliers, and service providers across the country. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufactures which could not be identified due to the limitations of secondary research. Market insights research analyzed the manufactures, distribution channels and presence of all major players across the country.
Market insights research calculated the market size of Australia
Key Target Audience
- Respiratory care devices manufacturers, end users, and other stakeholders
- Distributers and suppliers of the products and other stakeholders
- Organizations, forums, and alliances related to respiratory care devices products
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2021 |
| Historical Years | 2017 – 2020 |
| Estimated Year | 2022E |
| Forecast Period | 2023F – 2027F |
| Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | - Product Type
- Indication
- End User
|
| Region Scope | Australia Capital Territory & New South Wales, Northern Territory & Southern Australia, Western Australia, Queensland, Victoria & Tasmania |
| Key Companies Profiled | GE Healthcare Australia Pty Ltd., Medtronic Australasia Pty Ltd, ResMed Inc (Australia), Koninklijke Philips N.V. (Australia), Invacare Australia, Draeger Australia Pty. Ltd., Fisher & Paykel Healthcare Pty Limited, Omron Healthcare Australia, 3M Australia, Masimo Australia Pty. Ltd |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
