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Global Intelligent Asthma Monitoring Devices Market- Forecast (2019-2027)
Global Intelligent Asthma Monitoring Devices Market was valued US$ 22.12 Mn in 2019 and is expected to reach US$ 690.31 Mn by 2027 at a CAGR of 53.74% during the forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
The increase in the incidence of asthma cases increase the demand for cost-effective treatment option. However, proper handling of devices and product recall is expected to impede the market growth.
At present, the smart inhalers segment is the major revenue generating segment because the smart inhalers control and improve the quality of life.
Based on end users, the global intelligent asthma monitoring devices market is categorized into hospitals, clinics, ...
... and home use. At present, the hospital segment is the major revenue generating segment due to the availability of nurses and healthcare professionals who offer proper guidance about the handling of the device. Also, the home use segment is expected to experience rapid growth because these devices are easy to handle, once the handling of the devices is learned from the healthcare professionals.
Asia-Pacific provides lucrative growth opportunities for the key players operating in the intelligent asthma monitoring devices market due to a high population base, growth in awareness about intelligent asthma monitoring, development in healthcare infrastructure, and an increase in several asthma patients and asthma attacks. However, as insurance companies do not cover the entire material expenses of surgery, it is estimated to hamper the market growth in Asia-Pacific.
The study presents an in-depth analysis of the market along with the current trends and future estimations to elucidate the imminent investment pockets .It offers a quantitative analysis from 2018 to 2026, which is expected to enable the stakeholders to capitalize on the prevailing market opportunities. A comprehensive analysis of all the geographical regions is provided to determine the existing opportunities. The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global market.
The Industry research report encompasses the important information about the global impact on the overall market by in-depth analysis of the various macro-economic factors. Overall, this research report provides comprehensive information on the intelligent asthma monitoring devices industry by providing country-level analysis, presenting market sizing (historic and forecasting), key market insights by pricing, Porter's five forces, and supply chain analysis, key industry development tracking, and profiling of the major industry players around the world.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The reports also helps in understanding dynamics, structure by analyzing the market segments by type, end use, and region and, project the global market size. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the intelligent asthma monitoring devices market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.
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Scope of Global Intelligent Asthma Monitoring Devices Market
Global Intelligent Asthma Monitoring Devices Market, By Product
• Wearable Asthma Monitoring Devices
• Smart Inhalers
Global Intelligent Asthma Monitoring Devices Market, By End User
• Hospitals
• Clinics
• Home Use
Global Intelligent Asthma Monitoring Devices Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in Global Intelligent Asthma Monitoring Devices Market
• Vectura Group plc
• Propeller Health
• Teva Pharmaceutical Industries Ltd. (Gecko Health Innovations)
• Adherium Limited
• Qualcomm Life
• AstraZeneca plc
• Health Care Originals
• Philips Healthcare
• GlaxoSmithKline plc
• Volansys Technologies.
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