PRESS RELEASE
Published January 31, 2023
Pediatric asthma is a chronic inflammation of the airways. It is a chronic illness mostly found in children and infants. The symptoms include wheezing, chest tightness, rapid & labored breathing, chest pain, coughing, and others. Factors that cause childhood asthma include allergies, low birth weight, family history of allergies or asthma, and others. The overly sensitive immune system could be a risk factor in this case as it leads to the swelling of lungs and airways that generate mucus when exposed to triggers such as allergens, pollen, air pollutants, and physical activities. Pediatric asthma is incurable but can be prevented through regular monitoring, limiting smoking around children, and can be controlled through the right medications and treatment. Advanced monitoring devices help to manage pediatric asthma.
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COVID-19 initially began in Wuhan (China) in December 2019, and till now, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The pandemic has been affecting economies and industries in different countries due to travel bans, lockdowns, and business shutdowns.
The shutdown of various plants and factories affected the worldwide supply chains and negatively impacted the market’s manufacturing, and sales of products. Due to the increase in COVID-19 cases, elective procedures were delayed or canceled which resulted in a decreased patient flow that affected the market growth. Few companies have already announced slight delays in their product deliveries and a slump in future sales. Hence, the pandemic has affected the growth of the market. However, the market may experience growth after the upliftment of imposed restrictive measures and companies resuming their operations and adapting to the new normal.
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Company Profiles-
Thoracic Medical Systems Inc
Uscom Ltd. Company
OMRON Healthcare
Teva Pharmaceutical Industries Ltd.
GlaxoSmithKline plc
Pfizer Inc.
AstraZeneca Plc
Boehringer Ingelheim GmbH
Sanofi SA
Philips Healthcare
Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position are explained to help make a well informed decision. Competitive landscape of Pediatric Asthma Monitor market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.
Segments-
Based on type, the global pediatric asthma monitor market is segmented into bench-top, wearable, and handheld.
On the basis of application, the market is bifurcated into hospitals, home, clinics, schools, and others.
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REGIONAL FRAMEWORK-
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The pediatric asthma monitor market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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