Breathing machine is a piece of equipment that facilitates breathing in the case of low oxygen levels in the blood stream. It aids the body to overcome the inability to breath normally, such as during respiratory failure. Many people suffer from afflictions such as asthmatic conditions, lung cancer and chronic obstructive lung disease. Breathing machines help the victim of lung problems carry on a more normal life by aiding the person as needed.
Global Breathing Machines key players include Resmed, Philips Healthcare, Medtronic, BD, GE Healthcare, etc. Global top five players hold a share about 65%.
North America is the largest market, with a share about 50%, followed by Europe and China, having a total share about 30 percent.
In terms of product, PAP Machines is the largest segment, with a share about 30%. And in terms of application, the largest application is Home Healthcare, followed by Hospitals and Clinics.
Market Analysis and Insights: Global Breathing Machines Market
In 2020, the global Breathing Machines market size was US$ 6891 million and it is expected to reach US$ 8534.5 million by the end of 2027, with a CAGR of 3.1% during 2021-2027.
Global Breathing Machines Scope and Market Size
Breathing Machines market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Breathing Machines market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.
Segment by Type, the Breathing Machines market is segmented into
Segment by Application, the Breathing Machines market is segmented into
Hospitals and Clinics
Regional and Country-level Analysis:
Rest of Asia-Pacific
Rest of Europe
Rest of Latin America
Middle East & Africa
Rest of MEA
Competitive Landscape and Breathing Machines Market Share Analysis
Breathing Machines market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Breathing Machines product introduction, recent developments, Breathing Machines sales by region, type, application and by sales channel.
The major companies include:
Fisher and Paykel