India Respiratory Care Devices Market, By Product; By Disease Indication (Chronic Obstructive Pulmonary Disease, Sleep Apnea, Asthma, Infectious Diseases); By End User; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2030

List of Tables

India Respiratory Care Devices Market Size Booming at Significant CAGR of 7.12% to Surpass Whopping USD 3.0 Billion by 2030

India Respiratory Care Devices Market is flourishing due to the rising prevalence of respiratory diseases, increasing air pollution, and growing geriatric population that are more prone to respiratory illnesses.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India Respiratory Care Devices Market size at USD 1.87 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Respiratory Care Devices Market size to expand at a CAGR of 7.12% reaching a value of USD 3.03 billion by 2030. The Respiratory Care Devices Market in India is propelled by the increasing importance of respiratory health nationwide. The prevalence of respiratory ailments like asthma, COPD, and sleep apnea is surging, propelled by environmental pollutants, prevalent smoking habits, and evolving lifestyles. Concurrently, the nation's expanding populace, particularly its elderly demographic, is propelling demand for state-of-the-art respiratory interventions. The exigencies of the COVID-19 crisis have further underscored the imperative for respiratory support, precipitating a notable upswing in the requisition for ventilators and oxygen concentrators. Augmenting this trajectory are governmental endeavors aimed at fortifying healthcare infrastructure and amplifying public health advocacy, alongside concerted campaigns to curtail tobacco consumption and environmental degradation. These efforts, coupled with the relentless march of technological progress rendering respiratory care devices more efficacious, user-friendly, and accessible, augur a promising trajectory for the market. Collectively, these dynamics underscore the escalating significance of respiratory well-being in India and the burgeoning demand for pioneering, dependable respiratory care solutions.

Opportunity - Increasing focus on early detection and home care

In response to evolving healthcare needs, there is a growing emphasis on early detection and home care for respiratory conditions. Home healthcare offers patients the convenience of receiving respiratory care in their own environment, eliminating the need for frequent hospital visits. It proves cost-effective, reducing healthcare expenditures and hospital stays. With India's aging population opting to age in place, home healthcare ensures elderly individuals with respiratory ailments maintain their independence while receiving necessary care. Moreover, advancements in telemedicine facilitate real-time monitoring, enhancing early detection and management. Integration of telemedicine into respiratory care devices enables remote data transmission, ensuring proactive intervention and personalized care plans tailored to patients' needs.

Impact of Escalating Geopolitical Tensions on India Respiratory Care Devices Market

Geopolitical tensions can have a multifaceted impact on the India Respiratory Care Devices Market. Heightened uncertainties and geopolitical instability can disrupt supply chains, leading to potential shortages of critical components and materials required for manufacturing respiratory care devices. Additionally, fluctuating currency exchange rates and trade restrictions may impact import/export dynamics, influencing pricing and availability of devices. Moreover, geopolitical tensions can dampen investor confidence, affecting investment decisions and market growth prospects. Amidst these challenges, robust risk mitigation strategies, diversification of supply sources, and adaptive market strategies are essential to navigate the complexities and sustain growth in the India Respiratory Care Devices Market.

India Respiratory Care Devices Market

Segmental Information

India Respiratory Care Devices Market - By End User

Based on end user, the India Respiratory Care Devices Market is divided into Hospitals, Home Care Settings, and Ambulatory Care Centers (ACCs) segments. The hospitals segment holds the highest share in the India Respiratory Care Devices Market by end user. Indian hospitals and clinics boast sophisticated medical infrastructure, including specialized respiratory care units and ICUs. They cater to diverse respiratory conditions, necessitating a wide array of respiratory care devices like ventilators and nebulizers. These facilities play a pivotal role in diagnosing and treating respiratory ailments, particularly critical cases like ARDS. Staffed with expert pulmonologists and respiratory therapists, hospitals ensure adept management of respiratory devices, crucial for patient care. From asthma management to mechanical ventilation, hospitals address various respiratory needs, reflecting their pivotal role in providing comprehensive respiratory care. Their expertise and comprehensive device inventory cater to the diverse respiratory needs of patients across India.

India Respiratory Care Devices Market - By Region

Geographically, the India Respiratory Care Devices Market is divided into North India, South India, East India, and West India regions. North India holds the highest share in the India Respiratory Care Devices Market and is expected to maintain its dominance during the forecast period. Elevated population density correlates with increased respiratory disease prevalence, attributed to factors such as pollution and crowded living spaces. Consequently, the demand for respiratory care devices surges. Western India, boasting superior healthcare infrastructure, harbors renowned hospitals and medical facilities equipped with advanced respiratory care technology, thus witnessing heightened device utilization and market presence. The region houses esteemed government and private medical institutions with substantial resource allocation towards medical equipment, including respiratory devices. Furthermore, the concentration of medical colleges and research centers fosters awareness and adoption of cutting-edge medical technologies, including respiratory care devices, amplifying their utilization and significance in the region's healthcare landscape.

Competitive Landscape

The India Respiratory Care Devices Market is fragmented, with numerous players serving the market. The key players dominating the India Respiratory Care Devices Market include Devilbiss-AMS Healthcare, Fisher & Paykel Healthcare Ltd, GE Healthcare, Koninklijke Philips NV (Philips), Medtronic PLC, ResMed Inc., Hamilton Medical, Cipla Inc., Trivitron Healthcare, AgVa Healthcare, Air Liquide Medical Systems India, and A.B. Industries. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.

The report's in-depth analysis provides information about growth potential, upcoming trends, and the India Respiratory Care Devices Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the India Respiratory Care Devices Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC24331

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. India Respiratory Care Devices Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Rising Prevalence of Respiratory Diseases
  - 3.2.1.2. Increasing Air Pollution
  - 3.2.1.3. Growing Geriatric Population
- 3.2.2. Restraints
  - 3.2.2.1. High Cost of Devices
  - 3.2.2.2. Lack of Awareness
  - 3.2.2.3. Skilled Manpower Shortage
- 3.2.3. Opportunities
  - 3.2.3.1. Focus on Early Detection and Home Care
  - 3.2.3.2. Government Initiatives
  - 3.2.3.3. Telemedicine Integration
- 3.2.4. Challenges
  - 3.2.4.1. Reimbursement Challenges
  - 3.2.4.2. Counterfeit Products
  - 3.2.4.3. Infrastructure Limitations
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

4. India Respiratory Care Devices Market: Marketing Strategies

5. India Respiratory Care Devices Market Overview

5.1. Market Size & Forecast, 2019-2030
- 5.1.1. By Value (USD Million)
5.2. Market Share & Forecast
- 5.2.1. By Product
  - 5.2.1.1. By Diagnostic and Monitoring Devices
  - 5.2.1.1.1. Spirometers
  - 5.2.1.1.2. Sleep Test Devices
  - 5.2.1.1.3. Peak Flow Meters
  - 5.2.1.1.4. Pulse Oximeters
  - 5.2.1.1.5. Capnographs
  - 5.2.1.1.6. Others
  - 5.2.1.2. By Therapeutic Devices
  - 5.2.1.2.1. CPAP Devices (Continuous Positive Airway Pressure Devices)
  - 5.2.1.2.2. BiPAP Devices (Bilevel Positive Airway Pressure Devices)
  - 5.2.1.2.3. Humidifiers
  - 5.2.1.2.4. Nebulizers
  - 5.2.1.2.5. Oxygen Concentrators
  - 5.2.1.2.6. Ventilators
  - 5.2.1.2.7. Inhalers
  - 5.2.1.2.8. Others
  - 5.2.1.3. By Disposables
  - 5.2.1.3.1. Masks (including reusable and disposable masks)
  - 5.2.1.3.2. Breathing Circuits
  - 5.2.1.3.3. Others
- 5.2.2. By Disease Indication
  - 5.2.2.1. Chronic Obstructive Pulmonary Disease (COPD)
  - 5.2.2.2. Sleep Apnea
  - 5.2.2.3. Asthma
  - 5.2.2.4. Infectious Diseases
  - 5.2.2.5. Others
- 5.2.3. By End User
  - 5.2.3.1. Hospitals
  - 5.2.3.2. Home Care Settings
  - 5.2.3.3. Ambulatory Care Centers (ACCs)
  - 5.2.3.4. Other End Users
- 5.2.4. By Region
  - 5.2.4.1. North India
  - 5.2.4.2. South India
  - 5.2.4.3. East India
  - 5.2.4.4. West India

6. North India Respiratory Care Devices Market

6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
- 6.2.1. By Product
- 6.2.2. By Disease Indication
- 6.2.3. By End User

7. South India Respiratory Care Devices Market

7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Million)
7.2. Market Share & Forecast
- 7.2.1. By Product
- 7.2.2. By Disease Indication
- 7.2.3. By End User

8. East India Respiratory Care Devices Market

8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Million)
8.2. Market Share & Forecast
- 8.2.1. By Product
- 8.2.2. By Disease Indication
- 8.2.3. By End User

9. West India Respiratory Care Devices Market

9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Million)
9.2. Market Share & Forecast
- 9.2.1. By Product
- 9.2.2. By Disease Indication
- 9.2.3. By End User

10. Competitive Landscape

10.1. List of Key Players and Their Offerings
10.2. India Respiratory Care Devices Company Market Share Analysis, 2023
10.3. Competitive Benchmarking, By Operating Parameters
10.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)

11. Impact of Escalating Geopolitical Tensions on India Respiratory Care Devices Market

12. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)

12.1. Devilbiss-AMS Healthcare
12.2. Fisher & Paykel Healthcare Ltd
12.3. GE Healthcare
12.4. Koninklijke Philips NV (Philips)
12.5. Medtronic PLC
12.6. ResMed Inc.
12.7. Hamilton Medical
12.8. Cipla Inc.
12.9. Trivitron Healthcare
12.10. AgVa Healthcare
12.11. Air Liquide Medical Systems India
12.12. A.B. Industries
12.13. Other Prominent Players

13. Key Strategic Recommendations

14. Research Methodology

14.1. Qualitative Research
- 14.1.1. Primary & Secondary Research
14.2. Quantitative Research
14.3. Market Breakdown & Data Triangulation
- 14.3.1. Secondary Research
- 14.3.2. Primary Research
14.4. Breakdown of Primary Research Respondents, By Region
14.5. Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

Product Code: BWC24331

List of Figures

Figure 1 India Respiratory Care Devices Segmentation
Figure 2 India Respiratory Care Devices Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 India Respiratory Care Devices Market Size, By Value (USD Million), 2019-2030
Figure 5 India Respiratory Care Devices Market Share, By Products, By Value, 2019-2030
Figure 6 India Respiratory Care Devices Market Share, By Disease Indication, By Value, 2019-2030
Figure 7 India Respiratory Care Devices Market Share, By End User, By Value, 2019-2030
Figure 8 North India Respiratory Care Devices Market Size, By Value (USD Million), 2019-2030
Figure 9 North India Respiratory Care Devices Market Share, By Products, By Value, 2019-2030
Figure 10 North India Respiratory Care Devices Market Share, By Disease Indication, By Value, 2019-2030
Figure 11 North India Respiratory Care Devices Market Share, By End User, By Value, 2019-2030
Figure 12 South India Respiratory Care Devices Market Size, By Value (USD Million), 2019-2030
Figure 13 South India Respiratory Care Devices Market Share, By Products, By Value, 2019-2030
Figure 14 South India Respiratory Care Devices Market Share, By Disease Indication, By Value, 2019-2030
Figure 15 South India Respiratory Care Devices Market Share, By End User, By Value, 2019-2030
Figure 16 East India Respiratory Care Devices Market Size, By Value (USD Million), 2019-2030
Figure 17 East India Respiratory Care Devices Market Share, By Products, By Value, 2019-2030
Figure 18 East India Respiratory Care Devices Market Share, By Disease Indication, By Value, 2019-2030
Figure 19 East India Respiratory Care Devices Market Share, By End User, By Value, 2019-2030
Figure 20 West India Respiratory Care Devices Market Size, By Value (USD Million), 2019-2030
Figure 21 West India Respiratory Care Devices Market Share, By Products, By Value, 2019-2030
Figure 22 West India Respiratory Care Devices Market Share, By Disease Indication, By Value, 2019-2030
Figure 23 West India Respiratory Care Devices Market Share, By End User, By Value, 2019-2030

List of Tables

Table 1 India Respiratory Care Devices Market Size, By Value (USD Million), 2019-2030
Table 2 India Respiratory Care Devices Market Share, By Products, By Value, 2019-2030
Table 3 India Respiratory Care Devices Market Share, By Disease Indication, By Value, 2019-2030
Table 4 India Respiratory Care Devices Market Share, By End User, By Value, 2019-2030
Table 5 North India Respiratory Care Devices Market Size, By Value (USD Million), 2019-2030
Table 6 North India Respiratory Care Devices Market Share, By Products, By Value, 2019-2030
Table 7 North India Respiratory Care Devices Market Share, By Disease Indication, By Value, 2019-2030
Table 8 North India Respiratory Care Devices Market Share, By End User, By Value, 2019-2030
Table 9 South India Respiratory Care Devices Market Size, By Value (USD Million), 2019-2030
Table 10 South India Respiratory Care Devices Market Share, By Products, By Value, 2019-2030
Table 11 South India Respiratory Care Devices Market Share, By Disease Indication, By Value, 2019-2030
Table 12 South India Respiratory Care Devices Market Share, By End User, By Value, 2019-2030
Table 13 East India Respiratory Care Devices Market Size, By Value (USD Million), 2019-2030
Table 14 East India Respiratory Care Devices Market Share, By Products, By Value, 2019-2030
Table 15 East India Respiratory Care Devices Market Share, By Disease Indication, By Value, 2019-2030
Table 16 East India Respiratory Care Devices Market Share, By End User, By Value, 2019-2030
Table 17 West India Respiratory Care Devices Market Size, By Value (USD Million), 2019-2030
Table 18 West India Respiratory Care Devices Market Share, By Products, By Value, 2019-2030
Table 19 West India Respiratory Care Devices Market Share, By Disease Indication, By Value, 2019-2030
Table 20 West India Respiratory Care Devices Market Share, By End User, By Value, 2019-2030
Table 21 Devilbiss-AMS Healthcare Company Overview
Table 22 Devilbiss-AMS Healthcare Financial Overview
Table 23 Fisher & Paykel Healthcare Ltd Company Overview
Table 24 Fisher & Paykel Healthcare Ltd Financial Overview
Table 25 GE Healthcare Company Overview
Table 26 GE Healthcare Financial Overview
Table 27 Koninklijke Philips NV (Philips) Company Overview
Table 28 Koninklijke Philips NV (Philips) Financial Overview
Table 29 Medtronic PLC Company Overview
Table 30 Medtronic PLC Financial Overview
Table 31 ResMed Inc. Company Overview
Table 32 ResMed Inc. Financial Overview
Table 33 Hamilton Medical Company Overview
Table 34 Hamilton Medical Financial Overview
Table 35 Cipla Inc. Company Overview
Table 36 Cipla Inc. Financial Overview
Table 37 Trivitron Healthcare Company Overview
Table 38 Trivitron Healthcare Financial Overview
Table 39 AgVa Healthcare Company Overview
Table 40 AgVa Healthcare Financial Overview
Table 41 Air Liquide Medical Systems India Company Overview
Table 42 Air Liquide Medical Systems India Financial Overview
Table 43 A.B. Industries Company Overview
Table 44 A.B. Industries Financial Overview
Table 45 Other Prominent Players Company Overview
Table 46 Other Prominent Players Financial Overview

India Respiratory Care Devices Market, By Product; By Disease Indication (Chronic Obstructive Pulmonary Disease, Sleep Apnea, Asthma, Infectious Diseases); By End User; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2030

Description

Table of Contents

List of Tables

Table of Contents

1. Research Framework

2. Executive Summary

3. India Respiratory Care Devices Market Insights

4. India Respiratory Care Devices Market: Marketing Strategies

5. India Respiratory Care Devices Market Overview

6. North India Respiratory Care Devices Market

7. South India Respiratory Care Devices Market

8. East India Respiratory Care Devices Market

9. West India Respiratory Care Devices Market

10. Competitive Landscape

11. Impact of Escalating Geopolitical Tensions on India Respiratory Care Devices Market

12. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)

13. Key Strategic Recommendations

14. Research Methodology

List of Figures

List of Tables