Germany Respiratory Devices Market

Germany Respiratory Devices Market

Report Overview

Germanys 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.

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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.

The report delivers the challenges in front of the Germany Respiratory Devices Market 2023 that allows a better understanding of the market providing a helpful comprehensive evaluation and clear-cut dynamics associated with this market. The analyst has studied the current market scenario while concentrating on the new business objectives with the lucrative opportunities that are available. This report includes changes in customer requirements, customer preferences, and the vendor landscape in the industry with key factors that are expected to influence the overall dynamics of the Germany Respiratory Devicess Market including the current trends, growth opportunities, restraints, and market drivers.

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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.

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.

The Germany Respiratory Devices Market report is an easy-to-understand document giving section-wise details about the global market. Starting with the brief outline of the overall market, it will put forth the all-inclusive evaluated market statistics and different parameters for the forecast period. The report covers numerous aspects of the Germany Respiratory Devices market divided into product kind, application, and end-use, offering the report to assist the customers in improving their ability to make precise decisions related to the business under the Germany Respiratory Devices Market.

International Market Players will use the correct market facts and figures and applied math studies provided within the report back to perceive this and future growth of the worldwide Electrophoretic Germany Respiratory Devices market. Each section of the research study is specially prepared to explore key aspects of the global Germany Respiratory Devices Market. Buyers of the report will have access to accurate PESTLE, SWOT, and other types of analysis on the global Germany Respiratory Devices market. Moreover, it offers highly accurate estimations on the CAGR, market share, and market size of key regions and countries.

This post-pandemic business planning research will aid clients to:
• Adjust their strategic planning to move ahead once business stability kicks in.
• Build resilience by making effective resource and investment choices for individual business units, products, and service lines.
• Conceptualize scenario-based planning to mitigate future crisis situations.

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Our qualified team of researchers, analysts, and consultants use in-depth qualitative research, quantitative research, and the latest recognized research techniques to offer an unrivaled level of detail and value to your research activities. Our market and competitive intelligence can be utilized by teams across multiple departments, including sales and business development, marketing, to:

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Strategic Points Covered in Table of Content of Global Germany Respiratory Devices Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Germany Respiratory Devices market
Chapter 2: Exclusive Summary - the basic information of the Germany Respiratory Devices Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Germany Respiratory Devices
Chapter 4: Presenting the Germany Respiratory Devices Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Germany Respiratory Devices market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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