Rising Lung Disease Incidence Driving Respiratory Diagnostic and Monitoring Device Market
The growth of the market is attributed to the increasing geriatric population, prevalence of respiratory disease and smoking, pollution level, healthcare expenditure, and rapid urbanization. Respiratory diagnostic and monitoring devices provide monitoring and diagnostic evaluation of cardiopulmonary system disorders and diseases. These devices are used extensively in intensive care units, general and surgical wards, and homes. On the basis of type, the respiratory diagnostic and monitoring device market is divided into gas analyzer, capnograph, spirometer, pulse oximeter, and others. In 2015, pulse oximeters held the largest share of the market, and the division is expected to grow at the highest CAGR during the forecast period as well. Pulse oximeter, a non-invasive instrument, is used to measure the proportion of oxygenated hemoglobin in the blood, and it also enables the measurement of the pulse rate. Request for a sample of this research report: The growing healthcare...