The global acoustic breathing sensor market size is expected to reach USD 410.83 million by 2030, according to a new study by Polaris Market Research. The report “Acoustic Breathing Sensor Market Share, Size, Trends, Industry Analysis Report, By Application (Adult, Children); By Type; By Distribution Channel; By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The market for acoustic breathing sensors is anticipated to rise in the next years at a promising rate due to the increased prevalence of various respiratory illnesses. The demand for respiratory monitoring technology is being fueled by the alarming rise in respiratory infections, asthma, and chronic obstructive pulmonary disease prevalence worldwide. The World Health Organization estimates that 3 million people die each year as a result of COPD, which affects around 65 million people globally.
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The need for breathing devices has increased dramatically after the COVID-19 outbreak. People with COVID-19 may experience severe respiratory issues. This has led to an increase in the use of respiratory monitoring technology in hospitals and at-home care. Rising government spending on healthcare in developing nations like India and an increase in the prevalence of respiratory disorders are predicted to have a positive impact on the global market throughout the forecasted period.
The industry for breathing devices is expected to grow rapidly in the next years as a result of product and technological advances. Traditional respiratory monitoring systems are extremely uncomfortable for users. As a result, new wireless-based breathing devices are becoming more widely available.
In the last decade, we have seen a rise in the average lifespan of people. The population pool over the replicable age range has grown as a result of this. An individual's immune system deteriorates with age. Therefore, the danger of developing diseases in this age group increases due to the surge in the geriatric population. In less developed nations, the number of elderly people is expected to increase by more than 250% between 2010 and 2050, compared to 71% in developed nations. The likelihood of developing respiratory disorders rises with age. During the projected period, this is anticipated to increase demand for therapeutic respiratory devices.
Acoustic Breathing Sensor Market Report Highlights
Polaris Market Research has segmented the Acoustic Breathing Sensor Market report based on application, type, distribution channels, and region:
Acoustic Breathing Sensor, Type Outlook (Revenue - USD Million, 2018 - 2030)
Acoustic Breathing Sensor, Application Outlook (Revenue - USD Million, 2018 - 2030)
Acoustic Breathing Sensor, Distribution Channels Outlook (Revenue - USD Million, 2018 - 2030)
Acoustic Breathing Sensor, Regional Outlook (Revenue - USD Million, 2018 - 2030)