BREATHING MACHINES MARKET ANALYSIS

Regional Analysis

Breathing Machines Market Regional Insights

On the basis of region, the global breathing machines market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold dominant position in the global breathing machines market in terms of revenue share, owing to increasing number of patients receiving treatments for respiratory diseases. According to COPD International, in 2016, around 12 million people in the U.S. were suffering from COPD and an estimated 12 million more were undiagnosed. According to a Centers for Disease Control and Prevention (CDC) report, it is the fourth leading cause of death in the U.S.

Asia Pacific breathing machines market is expected to exhibit highest CAGR, owing to continuously increasing number of surgeries and respiratory disease burden in the region. For instance, according to WHO 2017 report, over 90% of COPD deaths occur in low­ and middle-income economies. The primary cause of COPD is exposure to tobacco smoke. Other risk factors include exposure to indoor and outdoor air pollution and occupational fumes and dusts.