The Asia Pacific Lung Monitoring Devices Market would witness market growth of 6.9% CAGR during the forecast period (2023-2030).
Monitoring is the process of assessing a patient's physiological function. It helps the medical professional make clinical judgments and choose the treatment method. The patient's response to medical interventions is also evaluated using this technique. Spirometers and other respiratory monitoring tools, including smart pulse oximeters, assist in keeping an eye on patients' respiratory health. The care of patients with respiratory conditions such as acute respiratory failure, chronic obstructive pulmonary disease (COPD), and asthma depends extensively on lung monitoring. For home usage, intensive care, and in-patient settings, many high-tech lung monitoring devices are on the market.
For individuals with respiratory illnesses, lung monitoring devices are utilized to provide breathing gases. Some of the important variables projected to raise the demand for efficient breathing equipment for diagnosing and monitoring lung conditions are the rising prevalence of respiratory diseases, changing lifestyles, and an increase in pollution levels.
Chronic obstructive pulmonary disease (COPD), which claimed 3.23 million lives in 2019, is the third greatest cause of mortality globally, according to a WHO report from March 2023. In low- and middle-income nations (LMIC), about 90% of COPD fatalities in people under 70 occur. According to years of life with limitations adjusted for COPD, ill health is the sixth largest cause of death worldwide. Over 70% of COPD cases in high-income nations are caused by tobacco use. In LMIC, household air pollution is a significant risk factor for COPD, accounting for 30–40% of cases.
The World Health Organization reports that China has one of the world’s fastest-aging populations. By 2040, there will be 28% of individuals in China who are over 60 as a result of rising life expectancy and falling fertility rates. There were 176 million older persons aged 65 or older and 254 million older people aged 60 or over in 2019. In 2040, there will be 402 million people over the age of 60, or 28% of the world’s population. As the old, aged people are more at a rising of getting chronic disease such as asthma, COPD. Thus, the market is predicted to expand in the region with the increased old-age population.
The China market dominated the Asia Pacific Lung Monitoring Devices Market by Country in 2022; thereby, achieving a market value of $448.3 million by 2029. The Japan market is registering a CAGR of 6.2% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 7.6% during (2023 - 2030).
Based on Product Type, the market is segmented into Spirometers, Capnographs, Pulse Oximeters, and Others. Based on End User, the market is segmented into Hospitals, Homecare, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Lung Monitoring Devices Market is Projected to reach USD 5.1 Billion by 2030, at a CAGR of 6.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Teleflex, Inc., Medtronic PLC, Masimo Corporation, Baxter International, Inc. (Hill-Rom Holdings, Inc.), Nihon Kohden Corporation, ICU Medical, Inc., Vyaire Medical, Inc. (Apax Partners LLP), Becton, Dickinson and Company, Koninklijke Philips N.V. and Propeller Health (ResMed, Inc.)
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Spirometers
- Capnographs
- Pulse Oximeters
- Others
By End User
- Hospitals
- Homecare
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Teleflex, Inc.
- Medtronic PLC
- Masimo Corporation
- Baxter International, Inc. (Hill-Rom Holdings, Inc.)
- Nihon Kohden Corporation
- ICU Medical, Inc.
- Vyaire Medical, Inc. (Apax Partners LLP)
- Becton, Dickinson and Company
- Koninklijke Philips N.V.
- Propeller Health (ResMed, Inc.)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Lung Monitoring Devices Market, by Product Type
1.4.2 Asia Pacific Lung Monitoring Devices Market, by End User
1.4.3 Asia Pacific Lung Monitoring Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Approvals & Trials
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4 Porter’s Five Forces Analysis
Chapter 5. Asia Pacific Lung Monitoring Devices Market by Product Type
5.1 Asia Pacific Spirometers Market by Country
5.2 Asia Pacific Capnographs Market by Country
5.3 Asia Pacific Pulse Oximeters Market by Country
5.4 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Lung Monitoring Devices Market by End User
6.1 Asia Pacific Hospitals Market by Country
6.2 Asia Pacific Homecare Market by Country
6.3 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Lung Monitoring Devices Market by Country
7.1 China Lung Monitoring Devices Market
7.1.1 China Lung Monitoring Devices Market by Product Type
7.1.2 China Lung Monitoring Devices Market by End User
7.2 Japan Lung Monitoring Devices Market
7.2.1 Japan Lung Monitoring Devices Market by Product Type
7.2.2 Japan Lung Monitoring Devices Market by End User
7.3 India Lung Monitoring Devices Market
7.3.1 India Lung Monitoring Devices Market by Product Type
7.3.2 India Lung Monitoring Devices Market by End User
7.4 South Korea Lung Monitoring Devices Market
7.4.1 South Korea Lung Monitoring Devices Market by Product Type
7.4.2 South Korea Lung Monitoring Devices Market by End User
7.5 Singapore Lung Monitoring Devices Market
7.5.1 Singapore Lung Monitoring Devices Market by Product Type
7.5.2 Singapore Lung Monitoring Devices Market by End User
7.6 Malaysia Lung Monitoring Devices Market
7.6.1 Malaysia Lung Monitoring Devices Market by Product Type
7.6.2 Malaysia Lung Monitoring Devices Market by End User
7.7 Rest of Asia Pacific Lung Monitoring Devices Market
7.7.1 Rest of Asia Pacific Lung Monitoring Devices Market by Product Type
7.7.2 Rest of Asia Pacific Lung Monitoring Devices Market by End User
Chapter 8. Company Profiles
8.1 Teleflex, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental Analysis
8.1.4 Research & Development Expense
8.1.5 SWOT Analysis
8.2 Medtronic PLC
8.2.1 Company overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.6 SWOT Analysis
8.3 Masimo Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Approvals & Trials:
8.3.5.2 Product Launches and Product Expansions:
8.3.5.3 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 Baxter International, Inc. (Hill-Rom Holdings, Inc.)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Nihon Kohden Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Product Category and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.6 SWOT Analysis
8.6 ICU Medical, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Acquisition and Mergers:
8.6.6 SWOT Analysis
8.7 Vyaire Medical, Inc. (Apax Partners LLP)
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Product Launches and Product Expansions:
8.7.3 SWOT Analysis
8.8 Becton, Dickinson and Company
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Approvals & Trials:
8.8.1 SWOT Analysis
8.9 Koninklijke Philips N.V.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Product Launches and Product Expansions:
8.9.6 SWOT Analysis
8.10. Propeller Health (ResMed, Inc.)
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Partnerships, Collaborations, and Agreements:
8.10.5.2 Acquisition and Mergers:
8.10.6 SWOT Analysis
TABLE 1 Asia Pacific Lung Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Lung Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Lung Monitoring Devices Market
TABLE 4 Product Launches And Product Expansions– Lung Monitoring Devices Market
TABLE 5 Acquisition and Mergers– Lung Monitoring Devices Market
TABLE 6 Approvals & Trials– Lung Monitoring Devices Market
TABLE 7 Asia Pacific Lung Monitoring Devices Market by Product Type, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Lung Monitoring Devices Market by Product Type, 2023 - 2030, USD Million
TABLE 9 Asia Pacific Spirometers Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Spirometers Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Capnographs Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Capnographs Market by Country, 2023 - 2030, USD Million
TABLE 13 Asia Pacific Pulse Oximeters Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Pulse Oximeters Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 17 Asia Pacific Lung Monitoring Devices Market by End User, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Lung Monitoring Devices Market by End User, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Hospitals Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Hospitals Market by Country, 2023 - 2030, USD Million
TABLE 21 Asia Pacific Homecare Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Homecare Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 25 Asia Pacific Lung Monitoring Devices Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Lung Monitoring Devices Market by Country, 2023 - 2030, USD Million
TABLE 27 China Lung Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 28 China Lung Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 29 China Lung Monitoring Devices Market by Product Type, 2019 - 2022, USD Million
TABLE 30 China Lung Monitoring Devices Market by Product Type, 2023 - 2030, USD Million
TABLE 31 China Lung Monitoring Devices Market by End User, 2019 - 2022, USD Million
TABLE 32 China Lung Monitoring Devices Market by End User, 2023 - 2030, USD Million
TABLE 33 Japan Lung Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 34 Japan Lung Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 35 Japan Lung Monitoring Devices Market by Product Type, 2019 - 2022, USD Million
TABLE 36 Japan Lung Monitoring Devices Market by Product Type, 2023 - 2030, USD Million
TABLE 37 Japan Lung Monitoring Devices Market by End User, 2019 - 2022, USD Million
TABLE 38 Japan Lung Monitoring Devices Market by End User, 2023 - 2030, USD Million
TABLE 39 India Lung Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 40 India Lung Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 41 India Lung Monitoring Devices Market by Product Type, 2019 - 2022, USD Million
TABLE 42 India Lung Monitoring Devices Market by Product Type, 2023 - 2030, USD Million
TABLE 43 India Lung Monitoring Devices Market by End User, 2019 - 2022, USD Million
TABLE 44 India Lung Monitoring Devices Market by End User, 2023 - 2030, USD Million
TABLE 45 South Korea Lung Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 46 South Korea Lung Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 47 South Korea Lung Monitoring Devices Market by Product Type, 2019 - 2022, USD Million
TABLE 48 South Korea Lung Monitoring Devices Market by Product Type, 2023 - 2030, USD Million
TABLE 49 South Korea Lung Monitoring Devices Market by End User, 2019 - 2022, USD Million
TABLE 50 South Korea Lung Monitoring Devices Market by End User, 2023 - 2030, USD Million
TABLE 51 Singapore Lung Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 52 Singapore Lung Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 53 Singapore Lung Monitoring Devices Market by Product Type, 2019 - 2022, USD Million
TABLE 54 Singapore Lung Monitoring Devices Market by Product Type, 2023 - 2030, USD Million
TABLE 55 Singapore Lung Monitoring Devices Market by End User, 2019 - 2022, USD Million
TABLE 56 Singapore Lung Monitoring Devices Market by End User, 2023 - 2030, USD Million
TABLE 57 Malaysia Lung Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 58 Malaysia Lung Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 59 Malaysia Lung Monitoring Devices Market by Product Type, 2019 - 2022, USD Million
TABLE 60 Malaysia Lung Monitoring Devices Market by Product Type, 2023 - 2030, USD Million
TABLE 61 Malaysia Lung Monitoring Devices Market by End User, 2019 - 2022, USD Million
TABLE 62 Malaysia Lung Monitoring Devices Market by End User, 2023 - 2030, USD Million
TABLE 63 Rest of Asia Pacific Lung Monitoring Devices Market, 2019 - 2022, USD Million
TABLE 64 Rest of Asia Pacific Lung Monitoring Devices Market, 2023 - 2030, USD Million
TABLE 65 Rest of Asia Pacific Lung Monitoring Devices Market by Product Type, 2019 - 2022, USD Million
TABLE 66 Rest of Asia Pacific Lung Monitoring Devices Market by Product Type, 2023 - 2030, USD Million
TABLE 67 Rest of Asia Pacific Lung Monitoring Devices Market by End User, 2019 - 2022, USD Million
TABLE 68 Rest of Asia Pacific Lung Monitoring Devices Market by End User, 2023 - 2030, USD Million
TABLE 69 key Information – Teleflex, Inc.
TABLE 70 Key Information – Medtronic PLC
TABLE 71 Key Information – MASIMO CORPORATION
TABLE 72 Key Information – Baxter International, Inc.
TABLE 73 key Information – Nihon Kohden Corporation
TABLE 74 Key information – ICU Medical, Inc.
TABLE 75 Key Information – Vyaire Medical, Inc.
TABLE 76 Key information – Becton, Dickinson and Company
TABLE 77 Key Information – Koninklijke Philips N.V.
TABLE 78 Key Information – Propeller Health
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Lung Monitoring Devices Market, 2019 - 2030, USD Million
FIG 3 Key Impacting Factors lung monitoring device market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Porter’s Five Forces Analysis - Lung Monitoring Devices Market
FIG 7 Asia Pacific Lung Monitoring Devices Market share by Product Type, 2022
FIG 8 Asia Pacific Lung Monitoring Devices Market share by Product Type, 2030
FIG 9 Asia Pacific Lung Monitoring Devices Market by Product Type, 2019 - 2030, USD Million
FIG 10 Asia Pacific Lung Monitoring Devices Market share by End User, 2022
FIG 11 Asia Pacific Lung Monitoring Devices Market share by End User, 2030
FIG 12 Asia Pacific Lung Monitoring Devices Market by End User, 2019 - 2030, USD Million
FIG 13 Asia Pacific Lung Monitoring Devices Market share by Country, 2022
FIG 14 Asia Pacific Lung Monitoring Devices Market share by Country, 2030
FIG 15 Asia Pacific Lung Monitoring Devices Market by Country, 2019 - 2030, USD Million
FIG 16 SWOT Analysis: Teleflex, Inc.
FIG 17 Swot analysis: Medtronic plc
FIG 18 Recent strategies and developments: Masimo Corporation
FIG 19 SWOT Analysis: Masimo Corporation
FIG 20 SWOT Analysis: Baxter International, Inc.
FIG 21 SWOT Analysis: Nihon Kohden Corporation
FIG 22 SWOT ANALYSIS: ICU Medical, Inc.
FIG 23 SWOT ANALYSIS: Vyaire Medical, Inc.
FIG 24 SWOT Analysis: Becton, Dickinson and Company
FIG 25 Recent strategies and developments: Koninklijke Philips N.V.
FIG 26 SWOT Analysis: Koninklijke Philips N.V.
FIG 27 Recent strategies and developments: Propeller Health
FIG 28 SWOT Analysis: Propeller Health