SINGAPORE, LONDON and NEW
YORK, May 6, 2015 /PRNewswire/
--
The only report on ASEAN respiratory devices with a detailed
analysis of:
- Hospitals and retail channels
- Respiratory equipment-therapeutic, monitoring and
diagnostic
- Markets such as Indonesia,
Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam as well as Australia, New
Zealand and Bangladesh
http://www.abmrg.com/ASEAN-and-Oceania-Respiratory-Devices-and-Diagnostics-Market-Through-2021.html
The respiratory devices and diagnostics market comprises
diagnostic devices such as spirometers and peak flow meters,
monitoring devices like capnographs and pulse oximeters and
therapeutic devices that include oxygen concentrators, nebulisers,
Continuous Positive Airway Pressure (CPAP) devices, etc. The growth
in ASEAN and Oceania respiratory devices and diagnostics market is
anticipated to accelerate in coming years due to an increase in
prevalence of chronic respiratory diseases like Chronic Obstructive
Pulmonary Diseases (COPD), asthma and Obstructive Sleep Apnea (OSA)
in both aging as well as young population in this region. ASEAN,
Oceania and other APAC cover Australia, Bangladesh, Indonesia, Malaysia, Myanmar, New
Zealand, Philippines,
Singapore, Thailand and Vietnam.
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(Logo:
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The prevalence of respiratory diseases, especially asthma, is
very high in the Oceania region and it is increasing in ASEAN
countries due to growing smoking habit, air pollution, aging
population, unhealthy diet and physical inactivity leading to COPD
and OSA. "Due to the collective size of Indo-China market, ASEAN
countries' potential is underestimated. ASEAN is expected to boost
growth in the APAC region. For instance, Indonesia is highly populated with
considerable cases of chronic respiratory diseases and low
treatment penetration rates. We are expecting penetration to
improve with government initiatives like mobile community health
services and government-financed health coverage program," said
Hansar Khan, senior analyst, ABMRG.
"Respiratory devices are divided in to two segments-Homecare
devices and Hospital care devices. Though, Hospital is a leading
segment, the demand for Homecare devices is increasing for all
products in the Oceania region while the demand is surging for
low-value products such as nebulisers and peak flow meters along
with related disposables in the ASEAN region", said Nidhi Morkar,
Asia Pacific analyst, ABMRG.
The demand for disposable consumables has increased over
reusable ones due to safety concerns, a decline in prices of
consumables, an increase in disposable income and improving
diagnostics facilities.
A large number of players attracted to the low entry barrier
high volume nature of the ASEAN market, has made the market highly
fragmented and unorganised. Hospitals prefer economical devices if
scrap life of the device is short and replacement is more
economical than repair. Economical disposables are preferred in the
case of patients who are provided home care due to cost benefits.
Hospitals prefer local or Chinese disposables due to higher margins
compared with products from multi-national companies (MNCs).
The key players in this market are AirSep Corporation, a
division of Chart Industries, CareFusion Corp (NYSE : CFN),
Covidien plc, DeVilbiss Healthcare LLC, Fisher & Paykel
Healthcare Corp Ltd (NZE : FPH), Invacare Corporation, Omron
Healthcare, Inc., a division of Omron Corporation (6645: TSE),
Philips Respironics, Inc., a division of Koninklijke Philips N.V.
(AMS : PHIA, NYSE : PHG), ResMed Inc (NYSE: RMD).
'ASEAN and Oceania Respiratory Devices and Diagnostics Market
through 2020 - Detailed Analysis of Hospital and Retail market', a
market report recently published by ABMRG, reviews historical
trends and forecasts (between 2007 and 2020), annualised sales,
market size (value and units), channel-wise revenue distribution
for hospitals and retail, market growth, pricing, competitive
landscape as well as overall and channel-wise market share.
It offers a proprietary cross-category comparison for products
and geographies for the historical and forecast period. It also
lists strategic developments in the global industry over the last
two years, including M&As, partnerships, clinical studies,
pipelines, product approvals and launches, recalls and litigations,
market dynamics, market drivers and restraints.
Why one should buy this report
The report can be instrumental in formulating strategic
decisions to:
- Make a business development strategy for the respiratory
devices in ASEAN and Oceania region.
- Frame a distribution strategy in the ASEAN and Oceania region
based on a detailed analysis of hospitals and the retail channel
market.
- Launch competitive respiratory devices for individual
countries.
- Make capital investments based on the forecast for high
potential markets.
- Capitalize on opportunities in high-growth geographies and
attractive respiratory devices markets.
- Identify in-licensing and out-licensing opportunities, and spot
potential business partners and M&A targets within the
respiratory devices market.
- Help respiratory devices
companies procure raw materials and inventory well in advance.
- Prepare management and strategic presentations for investors
and shareholders.
Other strategic market reports by ABMRG:
- Russia Oxygen Concentrators Market - Trends and Market Forecast
2019
http://www.abmrg.com/Russia-Oxygen-Concentrators-Market---Trends-and-Market-Forecast-2019.html
- North America Respiratory Disposable and Anesthesia Disposable
Device Market - Growth Trends and Potential 2006-2019
http://www.abmrg.com/North-America-Respiratory-Disposable-Device-Market-Trends-and-Potential-2006-2019.html
About ABMRG
ABMRG (Ace Business and Market Research Group) is a research and
consulting firm focused on medical technology and pharmaceuticals.
It offers comprehensive research and analytical studies targeting
companies, therapeutic sectors and countries, highlighting market
dynamics, vital trends, business strategies, clinical pipeline and
technology advancements. Its cutting edge reports help companies
make smarter, effective and faster strategic decisions for business
growth.
Contact:
Ankit Jian
sales@abmrg.com ; 19@abmrg.com
+91-8238155239; +91-261-2216406
SOURCE ABMRG