Pediatric Asthma Monitor Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Pediatric asthma is a chronic inflammation of the airways. It is a chronic illness mostly found in children and infants. The symptoms include wheezing, chest tightness, rapid & labored breathing, chest pain, coughing, and others. Factors that cause childhood asthma include allergies, low birth weight, family history of allergies or asthma, and others. The overly sensitive immune system could be a risk factor in this case as it leads to the swelling of lungs and airways that generate mucus when exposed to triggers such as allergens, pollen, air pollutants, and physical activities. Pediatric asthma is incurable but can be prevented through regular monitoring, limiting smoking around children, and can be controlled through the right medications and treatment. Advanced monitoring devices help to manage pediatric asthma.

MARKET SCOPE

The "Global Pediatric Asthma Monitor Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the pediatric asthma monitor market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading pediatric asthma monitor market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•  Based on type, the global pediatric asthma monitor market is segmented into bench-top, wearable, and handheld.
  
•  On the basis of application, the market is bifurcated into hospitals, home, clinics, schools, and others.
  

MARKET DYNAMICS

Drivers:

•  Rise in the incidence of asthma.
  
•  Increase in allergy cases.
  
•  Technological advancement in monitoring devices.
  
•  Rise in awareness about the diagnosis of asthma.
  

Restraints:

•  High cost of pediatric asthma devices.
  
•  Limited access to pediatric asthma devices in developing and underdeveloped economies.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The pediatric asthma monitor market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the pediatric asthma monitor market in these regions.

IMPACT OF COVID-19 ON PEDIATRIC ASTHMA MONITOR MARKET

COVID-19 initially began in Wuhan (China) in December 2019, and till now, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The pandemic has been affecting economies and industries in different countries due to travel bans, lockdowns, and business shutdowns. The shutdown of various plants and factories affected the worldwide supply chains and negatively impacted the market's manufacturing, and sales of products. Due to the increase in COVID-19 cases, elective procedures were delayed or canceled which resulted in a decreased patient flow that affected the market growth. Few companies have already announced slight delays in their product deliveries and a slump in future sales. Hence, the pandemic has affected the growth of the market. However, the market may experience growth after the upliftment of imposed restrictive measures and companies resuming their operations and adapting to the new normal.

MARKET PLAYERS

The report covers key developments in the pediatric asthma monitor market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from pediatric asthma monitor market are anticipated to have lucrative growth opportunities in the future with the rising demand for pediatric asthma monitor in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the pediatric asthma monitor market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•  Thoracic Medical Systems Inc
  
•  Uscom Ltd. Company
  
•  OMRON Healthcare
  
•  Teva Pharmaceutical Industries Ltd.
  
•  GlaxoSmithKline plc
  
•  Pfizer Inc.
  
•  AstraZeneca Plc
  
•  Boehringer Ingelheim GmbH
  
•  Sanofi SA
  
•  Philips Healthcare
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Pediatric Asthma Monitor Report Scope