Posted 4/8/2024, 8:30:00 AM
Respiratory Care Device Market Set to Grow Nearly 8% Annually to $48.7 Billion by 2032 Amid Rising Respiratory Diseases
- Respiratory care devices market projected to reach $48.7 billion by 2032 at a CAGR of 7.7%
- Growth driven by rising prevalence of respiratory diseases like COPD, asthma, etc.
- COVID-19 pandemic significantly increased demand for respiratory care solutions
- Therapeutic devices like ventilators and inhalers in high demand
- North America is the dominant region in the respiratory care device market