Saudi Arabia Respiratory Care Devices Market growth in the forecast period, 2023-2027F relies on increasing technological advancement in medical devices.
According to TechSci report on, “Saudi Arabia Respiratory Care Devices Market – By Region, Competition Forecast & Opportunities, 2027”. Saudi Arabia respiratory care devices market has shown promising growth in historical years until 2021 and is expected to continue its growth in forecast years 2023 to 2027. Saudi Arabia respiratory care devices market owes its growth to the factors like surge in the demand for early and efficient diagnosis of the pulmonary diseases. Increasing instances of diseases like chronic obtrusive pulmonary diseases (COPD), asthma, bronchitis, and other respiratory failure diseases are further driving the growth of the Saudi Arabia respiratory care devices market in the upcoming five years. Rapidly increasing sedentary lifestyle among the young population and their inclination toward excessive smoking and alcohol is also supporting the growth of the Saudi Arabia respiratory care devices market in the next five years. Also, increased industrialization, have increased the pollution quotient of the country. Increasing pollution in the country due to factory and manufacturing unit’s waste, polluting air & environment along with the increasing air pollution due to excessive number of automobiles on road is further substantiating the growth of the Saudi Arabia respiratory care devices market u the forecast years, until 2027.
Moreover, increased research and technological advancement for the innovative product development has brought up advanced medical devices in the market thereby aiding the growth of the Saudi Arabia respiratory care devices market in the future five years.
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The Saudi Arabia respiratory care devices market segmentation is based on product type, indication end user, competitional landscape, and regional distribution. Based on product type, the market is further bifurcated into therapeutic devices, monitoring devices, diagnostic devices, and consumables & accessories. Therapeutic devices are further segmented into ventilators, pap devices, nebulizers, oxygen concentrators, humidifiers, inhalers, and others. Increasing cases of respiratory failure and increasing instances of pulmonary diseases is driving the growth of the sub-segment therapeutic devices which in turn supports the growth of the Saudi Arabia respiratory care devices market in the upcoming five years. Monitoring devices are also segmented into pulse oximeters, gas analyzers, and capnographs. Increased demand of pulse oximeters and other monitoring devices is driving the growth of the sub-segment meanwhile substantiating the growth of the Saudi Arabia respiratory care devices market in the next five years. Diagnostic devices are segmented into spirometers, peak flow meters, and polysomnography (PSG) devices.
Increasing instances of diseases like asthma, bronchitis, and COPD across the country is supporting the growth of the spirometers thereby supporting the growth of the sub-segment and the growth of the Saudi Arabia respiratory care devices market in the future five years. Consumables & accessories sub-segment divided into masks, breathing circuits, disposable resuscitators, and others are expected to significantly grow in the forecast years due to increasing use of masks. Recent pandemic situation promoted the use of masks to refrain from further infection spreading. Although pandemic situation was also one of the major reasons for the growth of the revenue generated by masks thereby aiding the growth of the Saudi Arabia respiratory care devices market in the forecast period.
A partial list of major market players of the Saudi Arabia respiratory care devices market includes :
- GE Healthcare Saudi Arabia
- Medtronic Saudi Arabia Co.
- ResMed Inc (Saudi Arabia)
- Philips Healthcare Saudi Arabia Ltd.
- Invacare Saudi Arabia
- Draeger Saudi Arabia
- Fisher & Paykel Healthcare Saudi Arabia
- Masimo Saudi Arabia.
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“Increasing instances of chronic obstructive pulmonary disease is a major concern among the population of the country. COPD is not only a concern among the population of the Kingdom of Saudi Arabia, but it is a disease causing high mortality rate in world population. Increasing research and technological advancements in the medical device designing and production supports the healthcare system combating against COPD. Instances of asthma is also prevailing in the country and driving the growth of the Saudi Arabia respiratory care devices market in the next five years. Increasing pollution level, lack of respiratory immunity among the population and their sedentary lifestyle all enhances the chances of asthma. Lack of breathable air in the recent years have caused severe concerns among the population, thereby aiding the growth of the Saudi Arabia respiratory care devices market in the future five years. New market players entering the market must focus on the innovative product development. Merges and acquisitions with the existent players in the market might support their future brand establishments. Also, understanding the demand of the consumers would define their research sector and requirements,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Saudi Arabia Respiratory Care Devices Market By Product Type (Therapeutic Devices, Monitoring Devices, Diagnostic Devices, Consumables & Accessories), By Indication (Chronic Obstructive Pulmonary Disease, Sleep Apnea, Asthma, Infectious Diseases, Others), By End User (Hospitals & Clinics, Ambulatory Care Centers, Others), By Region, Competition Forecast & Opportunities, 2027” has evaluated the future growth potential of Saudi Arabia respiratory care devices market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia respiratory care devices market.
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