India Respiratory Monitoring Market to Witness Robust Growth until 2025

Increasing prevalence of respiratory disorders, such as tuberculosis and asthma in the country, among others, to drive India respiratory monitoring market

According to TechSci Research report, “India Respiratory Monitoring Market By Diagnostic and Monitoring Devices (Spirometers, Sleep Test Devices, Peak Flow Meters, Pulse Oximeters, Capnographs, Others), By Type (Therapeutic Devices, Disposables), By End User (Home care, Hospitals, Ambulatory Surgical Centers, Specialty Clinics), By Region, Forecast & Opportunities, 2025”, India respiratory monitoring market is expected to grow at an impressive rate during the forecast period. Major factors behind the growth of respiratory monitoring market include technological advancements and increasing application of respiratory monitoring devices in the homecare setting. India is home to a large number of patients suffering from respiratory diseases like COPD, TB, Asthma, and Sleep Apnea. Moreover, growing awareness among people towards health and wellness is further anticipated to fuel the growth of respiratory monitoring market in India. Additionally, increasing pollution added by rapid urbanization contributes to various forms of breathing problem among the people. Hence, India serves as a big market for respiratory monitoring devices companies. There is also a significant rise in the geriatric population, which is susceptible to respiratory ailments. Hence, all these factors are anticipated to drive respiratory monitoring market in India. However, the respiratory monitoring market in India might also face some limitations. The high cost of respiratory monitoring equipment might prove as a barrier to the growth of this market in a developing country like India.

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India respiratory monitoring market is segmented based on diagnostic and monitoring devices, type, end user and by region. Based on diagnostic and monitoring devices, the respiratory monitoring market is segmented into spirometers, sleep test devices, peak flow meters, pulse oximeters, capnographs and others. In 2019, Spirometers held the dominant share in India respiratory monitoring market as they help in the diagnosing the respiratory diseases, such as asthma, emphysema, bronchitis, and COPD. As India has a large population suffering from these diseases, spirometers are also further expected to hold their dominance in the market. They are also used to assess the shortness of breath, lung function before surgery, and the effect of medication. Adding to this, recent technological advancements have led to further growth of spirometers. Based on end user, India respiratory monitoring market has been segmented into home care, hospitals, ambulatory surgical centers and specialty clinics. The home care segment is evolving as the fastest growing segment in the market due to the availability of convenient respiratory monitoring devices like peak flow meters. Additionally, they are easy to handle, easy to carry, and remotely accessible and hence patients now prefer to avoid going to clinics and other healthcare centers.

Major players operating in the India respiratory monitoring market include Philips Healthcare, DeVilbiss Healthcare LLC, Resmed, Inc., GlaxoSmithKline PLC, Medtronic PLC, Fisher and Paykel Healthcare Co., Ltd., Getinge AB, Masimo Corporation, Air Liquide, Drägerwerk AG & Co. KGaA, Invacare Corporation, Chart Industries, Inc., Vyaire Medical and GE Healthcare. The market players are focusing on product innovations, expansions, finding and innovating their core competencies to expand their market share in India.

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“India serves as a promising market for respiratory monitoring companies as it is second largest populated country in the world and home to a large number of people suffering from respiratory and other breathing problems. Additionally, with growing awareness among people towards importance of keeping oneself fit, there is a rising demand for respiratory monitoring devices in the country. The current trend shows that the market is evolving at a much faster pace and is being fueled by technological innovations and advancements.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India Respiratory Monitoring Market By Diagnostic and Monitoring Devices (Spirometers, Sleep Test Devices, Peak Flow Meters, Pulse Oximeters, Capnographs, Others), By Type (Therapeutic Devices, Disposables), By End User (Home care, Hospitals, Ambulatory Surgical Centers, Specialty Clinics), By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of India respiratory monitoring 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 India respiratory monitoring market.

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