RESPIRATORY TRAINER MARKET ANALYSIS

Respiratory Trainer MarketSize and Trends

The global respiratory trainer market is estimated to be valued at US$ 481.83 million in 2022 and expected to reach US$ 844.72 million by 2030, witnessing a CAGR of 7.3% over the forecast period (2022-2030).

Increasing incidence of respiratory disorders is expected to drive growth of the global respiratory trainer market.

Increasing incidence of respiratory disorders such as asthma, chronic obstructive, and others is expected to drive demand for respiratory trainer devices for the treatment of these diseases. This is further expected to drive the global respiratory trainer market growth over the forecast period.

Increasing respiratory trainer device launches and approvals is expected to drive growth of the global respiratory trainer market.

Key players operating in market are focusing on launching respiratory trainer products. This is expected to propel growth of the global respiratory trainer market over the forecast period.

Figure 2. Global Respiratory Trainer Market Share (%) Analysis, By Product Type, 2022

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

Since the COVID-19 outbreak in December 2019, the disease has spread to over 100 countries across the globe. The coronavirus (COVID 19) pandemic and consequent lockdown in various countries across the globe have impacted the financial status of businesses in all sectors. Supply chain and manufacturing activities have been disrupted globally, due to lockdowns implemented by governments, restricted movement, and other COVID-19 safety precautions. This has impacted the global respiratory trainer market negatively.

However, as the prevalence of respiratory diseases increases, the demand for respiratory trainers will increase, which is expected to drive the global respiratory trainer market growth over the forecast period

Moreover, key players are focusing on launching respiratory trainer devices to reduce breathing discomfort by reducing the effort required to breathe. For instance, in August 2021, IngMar Medical, a manufacturer and distributor of respiratory trainer devices, announced the launch of RespiPro, IngMar Medical's next-generation breathing and ventilation training solution. The solution includes realistic breathing simulator, the ASL 5000,user-friendly software, realistic patient monitors, and a compact intensive care unit breathing mannequin.

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