Italy Respiratory Devices Market Growth, Size, Statistics and Opportunity During 2021 to 2026

– The market for respiratory devices has been increasing in Sweden primarily due to the increasing prevalence of respiratory disorders, such as Chronic obstructive pulmonary disease (COPD), TB, Asthma, and Sleep Apnea.
– As per a report by Gianluigi Ferrante et al., published in the European Journal of Public Health 2017, the reported prevalence of Chronic Respiratory Diseases was 7%, with 3.4% asthma, 2.6% COPD, and 1.0% Asthma-COPD Overlap Syndrome. This has been the primary reason for the growth in demand for respiratory devices in Italy. Owing to the rapid advancements in the devices, the population has benefitted from the new and more effective technologies. This has propelled the growth of the market even further.

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Inhalers as Therapeutic devices are expected to Register High Growth in the Forecast Period

– Chronic obstructive pulmonary disease (COPD) was the leading cause of death in Italy and is highly prevalent in the elderly population. As per a 2019 report by Francesco Blasi et al., published in the Journal of Human Vaccines & Immunotherapeutics, the prevalence of COPD could range from 3.3% in adults aged between 20 and 44 years to 13.3% in those aged between 65 and 84 years. Moreover, the geriatric population of Italy is also increasing, which is expected to exacerbate the problem.
– Inhalers are a mainstay of treatment for the chronic obstructive pulmonary disease (COPD). These medications are inhaled through your mouth so they can directly reach your lungs. Usually, a combination of inhalers is prescribed. Using different types of inhalers can enhance treatment. As a result, inhalers for therapeutic administration are vital. As COPD is one of the leading causes of death in Italy, the demand for inhalers is expected to increase. This is expected to help the market growth.

Competitive Landscape

Italy is a developed country with well-structured healthcare system in the country. As a result, many global players in the Respiratory devices market are present in the country. Moreover, some domestic players have also been competing in the Italian market. These factors have made the region very competitive.

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Italy Respiratory Devices Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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