July 18, 2024

Respiratory Trainer Market is expected to Propelled by Portability and Convenience

Respiratory trainers are portable devices that help strengthen lungs and improve respiratory functions through regulated breathing exercises. These devices offer customizable training regimes suitable for various health conditions like asthma, COPD, cystic fibrosis, and others. Respiratory trainers enable convenience of use anywhere as per the schedule of the user.

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:
Increased adoption of respiratory trainers due to high portability has been a major trend positively impacting the global respiratory trainer market growth. Respiratory trainers offer regulated and customizable breathing exercises through portable handheld devices. Patients can conveniently use these devices as per their schedules while traveling or even during high pollution/ allergies season. This has increased preference and adoption of respiratory trainers over conventional breathing machines which are attached to large equipment. Increased portability has boosted the respiratory trainer market.

SWOT Analysis
Strength: Respiratory trainers provide quantifiable results to measure improvements in breathing capacity. They help improve breath control, endurance and lung capacity.
Weakness: Higher costs of certain respiratory trainers may limit their adoption. Traditional methods provide similar benefits at lower costs.
Opportunity: Increasing prevalence of respiratory diseases like COPD and asthma is driving the demand. Growing elderly population also fuels the market.
Threats: Alternative devices and therapy options pose competition. Lack of awareness in developing nations hampers the market.

Key Takeaways

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

The global respiratory trainer market is expected to witness high growth. North America dominates the market currently due to high disease prevalence and supportive healthcare infrastructure. However, Asia Pacific is expected to offer lucrative opportunities owing to improving access to healthcare and rising medical tourism in the region.

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 Angiplant Private Limited. Increasing adoption of innovative solutions is prompting investments by manufacturers. Partnerships with healthcare providers and distributors also help expand their regional presence.

*Note:

  1. Source: Coherent Market Insights, Public sources, Desk research
  2. We have leveraged AI tools to mine information and compile it