North American Market Forecast
Non-Invasive Respiratory Monitoring Market in North America is predicted to account for the largest share of 40% by 2037 impelled by the increasing spending in healthcare. As a result, there is an increasing demand for non-invasive respiratory monitoring technologies in the region which offers several advantages such as reduced patient discomfort. For instance, spending on health care in the United States increased by more than 4% in 2022 to reach around USD 4 trillion.
European Market Statistics
The Europe Non-Invasive Respiratory Monitoring Market is estimated to be the second largest, during the forecast timeframe led by growing health awareness. The necessity of maintaining excellent health and well-being has become more widely recognized as a result of the efforts put in place in Europe, which may drive the demand for non-invasive respiratory monitoring.
APAC Market Analysis
Also, the market in the Asia Pacific, is poised to hold a significant share by the end of 2037 driven by growing urbanization. This has a significant impact on the nation's air pollution owing to a lack of amenities such as proper roads, efficient transit management, and an unplanned industrial distribution, which has led to several respiratory issues.
For instance, in India, more than 460 million people live in urban areas, and this figure is increasing annually by over 2%.
Author Credits: Radhika Pawar
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