Oceania & ASEAN Respiratory Market to Boost APAC Region Owing to Rising Chronic Respiratory Diseases - Asthma & COPD

SINGAPORE, LONDON and NEW YORK, May 6, 2015 /PRNewswire/ --

The only report on ASEAN respiratory devices with a detailed analysis of:  

- Hospitals and retail channels  

- Respiratory equipment-therapeutic, monitoring and diagnostic  

- Markets such as Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam as well as Australia, New Zealand and Bangladesh 

http://www.abmrg.com/ASEAN-and-Oceania-Respiratory-Devices-and-Diagnostics-Market-Through-2021.html

The respiratory devices and diagnostics market comprises diagnostic devices such as spirometers and peak flow meters, monitoring devices like capnographs and pulse oximeters and therapeutic devices that include oxygen concentrators, nebulisers, Continuous Positive Airway Pressure (CPAP) devices, etc. The growth in ASEAN and Oceania respiratory devices and diagnostics market is anticipated to accelerate in coming years due to an increase in prevalence of chronic respiratory diseases like Chronic Obstructive Pulmonary Diseases (COPD), asthma and Obstructive Sleep Apnea (OSA) in both aging as well as young population in this region. ASEAN, Oceania and other APAC cover Australia, Bangladesh, Indonesia, Malaysia, Myanmar, New Zealand, Philippines, Singapore, Thailand and Vietnam.

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The prevalence of respiratory diseases, especially asthma, is very high in the Oceania region and it is increasing in ASEAN countries due to growing smoking habit, air pollution, aging population, unhealthy diet and physical inactivity leading to COPD and OSA. "Due to the collective size of Indo-China market, ASEAN countries' potential is underestimated. ASEAN is expected to boost growth in the APAC region. For instance, Indonesia is highly populated with considerable cases of chronic respiratory diseases and low treatment penetration rates. We are expecting penetration to improve with government initiatives like mobile community health services and government-financed health coverage program," said Hansar Khan, senior analyst, ABMRG.