The Europe Medical Devices Cuffs Market would witness market growth of 5.6% CAGR during the forecast period (2020-2026). A rise in the adoption of home care services is expected to boost the growth of the Medical Devices Cuffs Market over the forecast period.
Factors such as remarkable assistance services, long-term care, and cost-efficiency are significant benefits of home care services. The patients going through home care commonly need cuffed blood pressure monitoring tools to constantly track the blood pressure of the patients. Moreover, the existence of numerous companies offering home care services globally is anticipated to advance the medical devices cuffs market. According to Statistics Norway, approximately 32% of individuals who are 80 years old or above have undergone home care services in 2016 in Norway. This is anticipated to fuel the growth of the market over the forecast period.
The growing rate of respiratory disorders across the world is also one of the leading components boosting the medical devices cuffs market. The increasing rate of pollutants in the air and the release of harmful gases result in lung diseases that include chronic obstructive pulmonary disease (COPD) are the significant components for the growing number of patients suffer from respiratory diseases. The other components boosting the development include the spread of infections like hospital-acquired infection and tuberculosis where testing equipment such as cuffed tracheostomy tubes are utilized as a preliminary detection device. For example, according to the report launched by the Forum of International Respiratory Societies in 2017, approximately 65 million individuals suffering from COPD, and 3 million people die each from COPD globally.
Based on Product Type, the market is segmented into Blood Pressure Cuffs, Cuffed Endotracheal Tube and Tracheostomy Tube. Based on End User, the market is segmented into Hospitals, Clinics, Ambulatory Surgery Centers and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: Medical Devices Cuffs Market in Europe is expected to register a CAGR of 5.6% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, Teleflex, Inc., ConvaTec Group PLC, Koninklijke Philips N.V., Cook Medical, Inc. (Cook Group), Smiths Group PLC (Smiths Medical, Inc.), Well Lead Medical Co., Ltd., TRACOE Medical GmbH, Pulmodyne, Inc. and Troge Medical GmbH
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Companies Profiled
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