The respiratory care device market is expected to grow steadily at a high single digit compound annual growth rate from 2015 to 2022, according to a report from Research and Markets. The factors driving the growth of this market are increasing incidences of respiratory diseases such as respiratory failure, COPD, asthma, sleep apnea, cystic fibrosis, pneumonia, tuberculosis, etc, finds “Respiratory Care Devices Global Market – Forecast To 2022.”

Urbanization and increasing pollution is one of the factor driving the respiratory care device market, new technology products boosting respiratory care device products market growth, increase in aging population, increasing prevalence of tobacco usage, increasing preterm birth incidence, rising use of noninvasive ventilators and government initiatives, and wide range of available products likely to propel the respiratory care device market.

In addition to this, the growing demand for home care therapeutic devices, huge pool of undiagnosed sleep apnea patients, increasing COPD leading to increasing the requirement of ventilators, healthy growth in the innovative products, and acquisitions to open an array of opportunities for the market to flourish are some of the opportunities that are propelling the growth of the market.