NEW YORK, April 27, 2011 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
The global respiratory care devices market has grown significantly over past few years and is expected to grow at a steady pace in the coming five years. Rapidly aging population, rising incidence in Chronic Obtrusive Pulmonary Diseases (COPD), technical advances in respiratory care devices market and tight budget faced by healthcare institutions are the major factors influencing the market.
Positive airway pressure devices command the largest share in the respiratory care therapeutic devices segment. Technical advances such as portability, and increased battery life are primarily influencing the growth of this market.
Emergence of home healthcare has opened new avenues for the respiratory care devices market. Currently this segment accounts for about 40 % of the end user market. Convenience and comfort in a home care environment coupled with cost advantages are the major factors driving the home healthcare market for respiratory care devices.
U.S. accounts for the largest in the global respiratory care devices market. Demographic changes and rising incidence of COPD are among the major factors influencing the market. COPD is the fourth leading cause of death in the U.S.; about 12 million Americans suffer from COPD.
This research report categorizes the respiratory care devices market on the basis of diagnostic, therapeutic