Respiratory trainer devices help patients practice breathing techniques to improve lung capacity and control breathing. These electronic devices work like an obstacle course for the lungs by providing resistance and feedback to the user as they breathe in and out. Some commonly used respiratory trainer devices include incentive spirometers, positive expiratory pressure devices and flutter devices. With an aging population and rising pollution levels, conditions like COPD, asthma and other respiratory issues have seen a marked rise globally. This has increased the demand for at-home respiratory care devices that help patients exercise their lungs and get therapy.
The global Respiratory Trainer Market is estimated to be valued at US$ 481.83 Mn in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends in the respiratory trainer market is the growing adoption of portable and wireless devices. Traditional respiratory devices were bulky and needed to be connected to mains power. However, technological advances have led to the development of compact, rechargeable respiratory trainers that can be carried easily. These portable devices encourage compliance as patients can do lung exercises anywhere and anytime. Manufacturers are also introducing apps that can track usage data and send it to doctors for monitoring progress remotely. The availability of affordable, user-friendly respiratory trainers is also fueling sales as they help manage conditions from the comfort of home instead of frequent doctor visits. With rising respiratory problems, demand for such unobtrusive at-home devices is anticipated to drive market revenues higher over the forecast period.
Threat of new entrants: Low threat as respiratory trainers are medical devices that require compliance with strict regulatory requirements and established distribution networks.
Bargaining power of buyers: Moderate bargaining power as buyers have a choice of available respiratory trainers but switching costs are low.
Bargaining power of suppliers: Low to moderate power as key components suppliers are concentrated but medical device makers can source from alternative suppliers.
Threat of new substitutes: Low threat as respiratory trainers have distinct features to train lungs and there are no major substitute products.
Competitive rivalry: High competition between established medical device makers focused on innovation and portfolio expansion.
The global respiratory trainer market size is expected to witness high growth over the forecast period of 2023 to 2030. The global Respiratory Trainer Market is estimated to be valued at US$ 481.83 Mn in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 to 2030.
Regional analysis: North America is expected to hold the largest share of the respiratory trainer market during the forecast period. This is attributed to the rising prevalence of respiratory diseases such as COPD and asthma. According to the Centers for Disease Control and Prevention (CDC), 6.2 million Americans were diagnosed with COPD in 2017.
Key players: Key players operating in the respiratory trainer market are Medline Industries, Inc., Koninklijke Philips N.V., Smiths Medical, Inc., Vyaire Medical, Inc., IngMar Medical, POWERbreathe International Limited, PN Medical, Aleas Europe LLC, Aspire Products, LLC, Airofit, Project Electronics Limited, Biegler GmbH, Nidek Medical India, Besmed Health Business Corp, Forumed S.L., and Angiplast Private Limited. Medline Industries, Inc. offers respiratory care products such as respiratory trainers, nebulizers, and cleaners for COPD therapy.
- Source: Coherent Market Insights, Public sources, Desk research
- We have leveraged AI tools to mine information and compile it