Therapeutic Respiratory Devices Market Trends

Therapeutic Respiratory Devices Market Driver

• The demand for therapeutic respiratory devices is driven by the increase in respiratory conditions such asthma and chronic obstructive pulmonary disease.
• Furthermore, it is anticipated that the market for these therapeutic respiratory devices will grow quickly which can be attributed to factors, including the high rate of cigarette smoking, high pollution levels and increased susceptibility to airborne illnesses, and accidents that result in chest and nasal injuries that cause respiratory difficulties.
• One of the significant driver of this market is the rising prevalence of sleep apnea. Additionally, it was estimated that 12 million Americans have obstructive sleep apnea, with a diagnosis rate of almost one in 22. Due to the rising cases of cardiovascular illnesses, hypertension, and obesity, it is anticipated that the prevalence of sleep apnea would continue to increase during the projected period. These factors are projected to fuel market expansion.

Therapeutic Respiratory Devices Market Restraint

• Rising cost of therapeutic respiratory devices and lack of patient compliance will impede market growth during the forecast period.
• Lack of knowledge leads to a substantial underdiagnosed and undertreated population as well as the negative consequences of specialised therapeutic respiratory equipment will limit the market growth.