India Respiratory Care Devices Market, By Product Type (Therapeutic Devices, Monitoring Devices, Diagnostic Devices, Consumables & Accessories), By Indication (Chronic Obstructive Pulmonary Disease, Infectious Diseases, Asthma, Sleep Apnea, Others), By End User (Hospitals & Clinics, Ambulatory Care Centers, Others), By Region, By Company, Forecast & Opportunities, FY2027

January 2022 | 75 pages | ID: I1905F82E61AEN
TechSci Research

Abstracts

India respiratory care devices market stood at USD1005.50 million in FY2021 and is expected to grow at a steady rate of 4.56% during the forecast period on account of the growing geriatric population which is susceptible to various chronic respiratory disorders. Additionally, the sudden outbreak and spread of the COVID-19 pandemic across the country with acute shortage of several respiratory care devices such as ventilators, oxygen concentrators, pulse oximeters, among others significantly increased the demand for different respiratory care devices thereby fueling the market growth. Besides, cities like Ghaziabad, Bulandshahr, Kanpur, etc. being among the world’s most polluted cities have increased the prevalence of asthma, breathing problems, lung cancer, among others. This in turn has increased the patient pool suffering from various respiratory ailments, thereby positively influencing the market growth over the next five years. Furthermore, supportive government policies like 100% FDI inflow in healthcare, launch of production linked incentive scheme, launch of Make in India and Aatmanirbhar Bharat programs are expected to positively influence the growth of India respiratory care devices market during the forecast period. Also, India is emerging out as a medical tourism destination with a lot of medical tourists visiting the country from across the globe. This in turn is expected to spur the market growth over the next few years.

The India respiratory care devices market is segmented based on product type, indication, end user, region, and company. Based on product type, the market can be categorized into therapeutic devices, monitoring devices, diagnostic devices, and consumables & accessories. The therapeutic devices segment dominated the market in FY2021 with a share of around 34.25%. This can be ascribed to their widespread use in treatment of various chronic diseases. The therapeutic devices can further be segmented into ventilators, oxygen concentrators, PAP devices, nebulizers, humidifiers, inhalers, and others. The demand for ventilators and oxygen concentrators significantly increased in FY2021 on account of the pandemic crisis and surge in COVID-19 cases across the country. FY2021 witnessed high demand for ventilators during the first wave of pandemic in the country, while until June FY2022, there was a very high demand for oxygen concentrators in the country.

The major players operating in the India respiratory care devices market are India Medtronic Private Limited, ResMed India Pvt. Ltd., Philips Healthcare India, Masimo Medical Technologies India Private Limited, Getinge India Pvt Ltd, Draeger India Private Limited, Hamilton Medical India Private Limited, Fisher & Paykel Healthcare India Pvt Ltd, Wipro GE Healthcare Pvt Ltd, Hill-Rom India Private, Ltd., BPL Medical Technologies Private Limited, Becton, Dickinson, and Company (CareFusion Corp.), Opto Circuits India Ltd., Omron Healthcare India Pvt. Ltd., Nihon Kohden India Pvt. Ltd and others. Major companies are developing advanced technologies, receiving approvals from regulatory bodies, and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. For instance, in April 2020, Philips launched the PHILIPS RESPIRONICS E30 VENTILATOR. This not only helped the company in diversifying its product portfolio but also helped the healthcare providers in providing superior quality of care to their patients.

Years considered for this report:

• Historical Years: FY2017- FY2020
• Base Year: FY2021
• Estimated Year: FY2022E
• Forecast Period: FY2023F-FY2027F

Objective of the Study:

• To analyze the historical growth in the market size of India respiratory care devices market from FY2017 to FY2021.
• To estimate and forecast the market size of India respiratory care devices market from FY2022E to FY2027F and growth rate until FY2027F.
• To classify and forecast India respiratory care devices market based on product type, indication, end user, company, regional distribution.
• To identify dominant region or segment in the India respiratory care devices market.
• To identify drivers and challenges for India respiratory care devices market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India respiratory care devices market.
• To identify and analyze the profile of leading players operating in India respiratory care devices market.
• To identify key sustainable strategies adopted by market players in India respiratory care devices market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across India.

TechSci Research calculated the market size of India respiratory care device market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Respiratory care devices manufacturers/ suppliers/ distributors
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to respiratory care devices

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, India respiratory care devices market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• India Respiratory Care Devices Market, By Product Type:
• Therapeutic Devices
• Monitoring Devices
• Diagnostic Devices
• Consumables & Accessories
• India Respiratory Care Devices Market, By Indication:
• Chronic Obstructive Pulmonary Disease
• Infectious Diseases
• Asthma
• Sleep Apnea
• Others
• India Respiratory Care Devices Market, By End User:
• Hospitals & Clinics
• Ambulatory Care Centers
• Others
• India Respiratory Care Devices Market, By Region:
• North
• South
• West
• East

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India respiratory care devices market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Contents

1. PRODUCT OVERVIEW

2. RESEARCH METHODOLOGY

3. IMPACT OF COVID-19 ON INDIA RESPIRATORY CARE DEVICES MARKET

4. EXECUTIVE SUMMARY

5. VOICE OF CUSTOMER

5.1. Brand Awareness
5.2. Common Respiratory Problems in India
5.3. Factors affecting Purchase Decision
5.4. Vendor Satisfaction Analysis

6. INDIA RESPIRATORY CARE DEVICES MARKET OUTLOOK

6.1. Market Size & Forecast
  6.1.1. By Value
6.2. Market Share & Forecast
  6.2.1. By Product Type (Therapeutic Devices, Monitoring Devices, Diagnostic Devices, Consumables & Accessories)
  6.2.2. By Indication (Chronic Obstructive Pulmonary Disease, Infectious Diseases, Asthma, Sleep Apnea, Others)
  6.2.3. By End User (Hospitals & Clinics, Ambulatory Care Centers, Others)
  6.2.4. By Region
  6.2.5. By Company (FY2021)
6.3. Product Market Map

7. INDIA RESPIRATORY CARE THERAPEUTIC DEVICES MARKET OUTLOOK

7.1. Market Size & Forecast
  7.1.1. By Value
7.2. Market Share & Forecast
  7.2.1. By Type (Ventilators, Oxygen Concentrators, PAP Devices, Nebulizers, Humidifiers, Inhalers, Others)
  7.2.2. By End User (Hospitals & Clinics, Ambulatory Care Centers, Others)

8. INDIA RESPIRATORY CARE MONITORING DEVICES MARKET OUTLOOK

8.1. Market Size & Forecast
  8.1.1. By Value
8.2. Market Share & Forecast
  8.2.1. By Type (Pulse Oximeters, Capnographs, Gas Analyzers)
  8.2.2. By End User (Hospitals & Clinics, Ambulatory Care Centers, Others)

9. INDIA RESPIRATORY CARE DIAGNOSTIC DEVICES MARKET OUTLOOK

9.1. Market Size & Forecast
  9.1.1. By Value
9.2. Market Share & Forecast
  9.2.1. By Type (Spirometers, Peak Flow Meters, Polysomnography (Psg) Devices)
  9.2.2. By End User (Hospitals & Clinics, Ambulatory Care Centers, Others)

10. INDIA RESPIRATORY CARE CONSUMABLES & ACCESSORIES MARKET OUTLOOK

10.1. Market Size & Forecast
  10.1.1. By Value
10.2. Market Share & Forecast
  10.2.1. By Type (Masks, Breathing Circuits, Disposable Resuscitators, Others)
  10.2.2. By End User (Hospitals & Clinics, Ambulatory Care Centers, Others)

11. MARKET DYNAMICS

11.1. Drivers
11.2. Challenges

12. MARKET TRENDS AND DEVELOPMENTS

13. POLICY AND REGULATORY LANDSCAPE

14. INDIA ECONOMIC PROFILE

15. COMPETITIVE LANDSCAPE

15.1. Competition Outlook
15.2. Company Profiles
  15.2.1. India Medtronic Private Limited
  15.2.2. ResMed India Pvt. Ltd.
  15.2.3. Philips Healthcare India
  15.2.4. Masimo Medical Technologies India Private Limited
  15.2.5. Getinge India Pvt Ltd
  15.2.6. Draeger India Private Limited
  15.2.7. Hamilton Medical India Private Limited
  15.2.8. Fisher & Paykel Healthcare India Pvt Ltd
  15.2.9. Wipro GE Healthcare Pvt Ltd
  15.2.10. Hill-Rom India Private, Ltd.
  15.2.11. BPL Medical Technologies Private Limited
  15.2.12. Becton, Dickinson, and Company (CareFusion Corp.)
  15.2.13. Opto Circuits India Ltd.
  15.2.14. Omron Healthcare India Pvt. Ltd.
  15.2.15. Nihon Kohden India Pvt. Ltd.

16. STRATEGIC RECOMMENDATIONS

17. ABOUT US & DISCLAIMER

List Of Figures

LIST OF FIGURES

Figure 1: India Respiratory Care Devices Market Size, By Value (USD Million), FY2017-FY2027F
Figure 2: India Respiratory Care Devices Market Share, By Product Type, By Value, FY2017-FY2027F
Figure 3: India Respiratory Care Devices Market Share, By Indication, By Value, FY2017-FY2027F
Figure 4: India Respiratory Care Devices Market Share, By End User, By Value, FY2017-FY2027F
Figure 5: India Respiratory Care Devices Market Share, By Region, By Value, FY2017-FY2027F
Figure 6: India Respiratory Care Devices Market Share, By Company, By Value, FY2021
Figure 7: India Respiratory Care Therapeutic Devices Market Size, By Value (USD Million), FY2017-FY2027F
Figure 8: India Respiratory Care Therapeutic Devices Market Share, By Type, By Value, FY2017-FY2027F
Figure 9: India Respiratory Care Therapeutic Devices Market Share, By End User, By Value, FY2017-FY2027F
Figure 10: India Respiratory Care Monitoring Devices Market Size, By Value (USD Million), FY2017-FY2027F
Figure 11: India Respiratory Care Monitoring Devices Market Share, By Type, By Value, FY2017-FY2027F
Figure 12: India Respiratory Care Monitoring Devices Market Share, By End User, By Value, FY2017-FY2027F
Figure 13: India Respiratory Care Diagnostic Devices Market Size, By Value (USD Million), FY2017-FY2027F
Figure 14: India Respiratory Care Diagnostic Devices Market Share, By Type, By Value, FY2017-FY2027F
Figure 15: India Respiratory Care Diagnostic Devices Market Share, By End User, By Value, FY2017-FY2027F
Figure 16: India Respiratory Care Consumables & Accessories Market Size, By Value (USD Million), FY2017-FY2027F
Figure 17: India Respiratory Care Consumables & Accessories Market Share, By Type, By Value, FY2017-FY2027F
Figure 18: India Respiratory Care Consumables & Accessories Market Share, By End User, By Value, FY2017-FY2027F