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Respiratory Care Devices Market – Major Leaders & Their Global Dominance http://www.marketsandmarkets.com/Market-Reports/respiratory-care-368.html
The report "Respiratory Care Devices Market by Product (Therapeutic (Ventilator, Mask, PAP Device, Inhaler, Nebulizer), Monitoring (Pulse Oximeter, Capnograph), Diagnostic, Consumables), End User (Hospital, Home Care), Indication - Global Forecast to 2021", The global respiratory care devices market is expected to reach USD 24.07 Billion by 2021 from USD 15.14 Billion in 2016, at a CAGR of 9.7% from 2016 to 2021. Browse: 230 market data tables 49 figures 274 pages and in-depth TOC on ÍžRespiratory Care Devices MarketÍ&#x;
Download the PDF Brochure@ http://www.marketsandmarkets.com/pdfdownload.asp?id=368 The global respiratory care devices market is highly fragmented in the nature with the presence of a number of small and medium-sized players operating at local and regional levels.
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Philips Healthcare (The Netherlands), ResMed Inc. (U.S.), Medtronic plc (Ireland), Masimo Corporation (U.S.), and Fisher & Paykel Healthcare Corporation Limited (New Zealand) are some of the leaders in the global respiratory care devices market. These players have a strong presence in major as well as emerging markets. Other players in this market include Becton, Dickinson and Company (U.S.), Chart Industries, Inc. (U.S.), Drägerwerk AG & Co. KGaA (Germany), and Hamilton Medical AG (Switzerland). Talk to Our Research Experts@ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=368 While product innovation remains at the center of the strategic growth initiatives pursued by a majority of the key players in the global respiratory care devices market, players are also focusing on increasing their presence in the high-growth markets through the mode of agreements and collaborations; expansions; and acquisitions.
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Philips Healthcare’ leading position in the respiratory care devices market is mainly attributed to its broad respiratory care devices product portfolio. This co pa y’s patient care and monitoring solutions segment provides respiratory care products and solutions. The company operates its respiratory care business through its subsidiary - Philips Respironics (U.S.).and offers its products and services in over 100 countries.
During 2013 to 2016, the company focused on both organic as well as inorganic growth strategy to strengthen its market position in respiratory care devices market. For instance, in June 2016, Philips Respironics, a business unit of Philips Healthcare, launched the Wisp
Pediatric noninvasive ventilation (NIV) nasal mask. Similarly, in March 2015, Koninklijke Philips N.V. (Royal Philips) collaborated with Leiden University Medical Center (The Netherlands) to develop health-related wearable and mobile technologies to monitor parameters such as blood metabolites, blood pressure, blood glucose levels, and cardiorespiratory fitness. http://www.marketsandmarkets.com/Market-Reports/respiratory-care-368.html
ResMed Inc. is a medical technology company that provides medical devices and cloudbased software applications for respiratory disorders. The company primarily offers products for sleep disordered breathing (SDB), chronic obstructive pulmonary disease (COPD), neuromuscular disease, and other chronic diseases in over 100 countries.
The company also focused on both organic as well as inorganic growth strategies to
strengthen its market position in respiratory care devices market. For instance, in November 2016, the company launched two CPAP full face masks, the AirFit N20 nasal mask and the AirFit F20 full face mask, for the treatment of sleep apnea.
Similarly in February 2016, the company acquired Inova Labs Inc. (U.S.), a privately held company that provides innovative oxygen therapy products.
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Some other leading players in the global respiratory care devices market include Medtronic plc (Ireland), Masimo Corporation (U.S.), Fisher & Paykel Healthcare Corporation Limited (New Zealand), Becton, Dickinson and Company (U.S.), Chart Industries, Inc. (U.S.), Drägerwerk AG & Co. KGaA (Germany), and Hamilton Medical AG (Switzerland).
These companies have well-established sales and distribution networks. They also make significant investments in R&D activities to add innovative technologies and products to their portfolio.
With a strong portfolio of respiratory care devices products and ceaseless efforts to develop innovative products, these companies are likely to maintain their strong position in the market in the coming years as well.
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