Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by
Infinium Global Research on portable air purifier market provides in-depth
analysis of segments and sub-segments in the global as well as regional
portable air purifier market. The study also highlights the impact of drivers,
restraints, and macro indicators on the global and regional portable air
purifier market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecasts, and dollar values of global
portable air purifier market. According to the report, the global portable air
purifier market is projected to grow at a CAGR of 12% over the forecast period
of 2020-2026.
The healthcare professionals
conduct several diagnostic tests when a patient has difficulty in breathing.
Some tests measure the amount of air inhaled and exhaled by the patient or the
amount of oxygen passing from the lungs to the rest of your body. While others
detect infection or another problem that is causing patients trouble in
breathing well. The players in the respiratory disease diagnostics market offer
either diagnostic products such as medical devices, accessories, test reagents,
or services or all of them. The market majorly serves healthcare facilities
such as hospitals, clinics, diagnostic laboratories, and others. Moreover, the
respiratory disease diagnostics market is witnessing several changes as the
technology develops and innovative products emerge in the market.
Air purifier reduces the
contamination of a room or space, by cycling air through a HEPA or ULPA filter,
so as to catch as many virus particles as possible before they attach to a
surface. During the SARS outbreak in 2003,
the Hong Kong Hospital Authority also recommended hospitals use portable air
purifiers with HEPA filters to help reduce transmission to healthcare workers
if isolation wards were unavailable. However, unemployment caused due to
COVID-19 outbreak is affecting the purchasing power of consumers across several
countries, which is likely to reduce demand from residential sector. In
addition, manufacturing output has shrinked significantly due to lockdowns
which has also caused a significant gap in the demand and supply. Nevertheless,
as pollution level rises and as consumer grow cautious regarding their health,
portable air purifiers will garner demand over the forecast years.
The growth of the market is
attributed to rising in the prevalence of respiratory diseases. According to
the World Health Organization, about 235 million people around the world suffer
from asthma, while more than 3 million people die every year due to chronic
obstructive pulmonary disease. Respiratory diagnostics solutions are widely used
to diagnose such health issues at their early stages. Moreover, the growing
tobacco consumption, air pollution, occupational chemicals and dust, and
frequent lower respiratory infections during childhood are some factors
contributing to the rise in the prevalence of respiratory disorders. These
factors together also lead to the growing sale of respiratory disease
diagnostics solutions. In addition, a growing geriatric population that is more
susceptible to respiratory diseases is anticipated to boost the market growth.
On the other hand, a lack of skilled professionals in low- and middle-income
countries hampers the growth of the market. Nevertheless, transforming
healthcare infrastructure in emerging markets with the rising number of
healthcare facilities as well as growing advancements in the respiratory
diagnostics systems will provide ample opportunities for the players operating
in the market.
Geographically, the respiratory
disease diagnostics market is segmented into North America, Europe, Asia-Pacific,
and Row. North America dominates the market and anticipated to hold the highest
share of the market in the forecast period, followed by Europe. The presence of
reimbursement policies, rising prevalence of chronic respiratory diseases is
the factors supporting the growth of the market in these regions. The market in
Asia-Pacific is expected to grow at a high rate in the forecast period. The
presence of large patient pools with respiratory diseases and the growing
demand for respiratory diagnostics are some of the factors contributing to the
growth of the market.
The report on the global portable air
purifier market covers segments such as type, technology, application, and
distribution channel. On the basis of type, the sub-markets include dust
collectors, fume & smoke collectors, and others. On the basis of
technology, the sub-markets include high efficiency particulate air, activated
carbon filtration, UV technology, negative ion, and ozone. On the basis of
application, the sub-markets include commercial, industrial, and residential.
On the basis of distribution channel, the sub-markets include online, and
offline.
The report provides profiles of
the companies in the market such as Honeywell International Inc, Whirlpool
Corporation, Panasonic Corporation, Levoit Corporation, COWAY CO.,LTD,
Koninklijke Philips N.V., Sharp Corporation, Dyson Technology Limited, Austin Air
Systems Limited, and Blueair AB.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of portable air purifier market. Moreover, the study highlights
current market trends and provides forecast from 2020-2026. We also have
highlighted future trends in the market that will affect the demand during the
forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.
Please Choose One of them.