Zion Market Research Global Respiratory Care Devices Market, 2016–2024 | Page 4

Respiratory Care Devices Market
therapeutic devices for neonates and the excise tax levied on the devices negatively affects the market growth.
Global Respiratory Care Devices Market by Regional Analysis: The global respiratory care devices market is dominated by the North America followed by Europe. The factors that are contributing to this growth include the large pool of respiratory disease patients due to lifestyles such as smoking and tobacco habits, highly developed health care infrastructure and availability of trained personnel to operate the advanced respiratory devices. The Asia Pacific region is also growing significantly. The factors such as developing health care infrastructure and the increasing disposable income are driving the market growth.
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Global Respiratory Care Devices Market by Competitive Players: The key market players in the respiratory care devices market include Philips Healthcare, Medtronic Plc., Fisher and Paykel Healthcare Limited, Chart Industries, Inc., Hamilton Medical AG, ResMed Inc., Masimo Corporation, Becton, Dickinson and Company and Drägerwerk AG & Co. KgaA.