NORTH AMERICA RESPIRATORY TRAINER MARKET ANALYSIS

Market Challenges And Opportunities

Restraints & Challenges:

• Product recalls and critical regulatory compliance procedures

North America Respiratory Trainer Market – Impact of Coronavirus (COVID-19) Pandemic

Supply chain and manufacturing activities in the U.S., Canada, and other North American countries have been disrupted due to lockdowns implemented by governments as well as delays in the transportation of raw materials. The coronavirus (COVID-19) pandemic and its consequent lockdown in various countries have impacted the financial status of businesses in all sectors.

The private healthcare sector is one of the sectors, which is majorly impacted by the COVID-19 pandemic. The lockdown has resulted in the closure of industrial establishments, except the manufacturing of essential commodities, and disruption in the supply chain of products. Thus, the COVID-19 pandemic has affected the economy in three main ways: 1) directly affecting the production and demand; 2) causing disruptions in distribution channels; and 3) causing financial impact on firms and the financial market.

However, as the prevalence of respiratory diseases increases with COVID-19 infection, the demand for respiratory trainers will also increase, which is expected to drive the North America respiratory trainer market growth over the forecast period. According to the World Health Organization (WHO), people with lung impairment after getting infected from COVID-19 should be rehabilitated by increasing their physical fitness and activity tolerance, which can be improved by respiratory muscle training (RMT).

North America Respiratory Trainer Market: Restraint

The major factors that hinder the North America respiratory trainer market growth include product recalls and critical regulatory compliance procedures. For instance, in July 2021, the U.S. Food and Drug Administration (FDA) directed Philips Respironics, a medical device company, to recall millions of sleep and respiratory devices following concerns that foam in the devices, which is used to reduce sound and vibration, may break into particles and enter the air hose of the device and be inhaled by the user. In response, the Military Health System (MHS) notified all TRICARE-authorized durable medical equipment providers about the recall, and MHS asked prescribing physicians to help notify patients of the recall and determine if they were issued a medical device on the Philips recall list.