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Stock impact report

Respiratory Care Devices Market To Reach USD 48.7 Billion By 2032, Report By DataHorizzon Research [Yahoo! Finance]

ResMed Inc. (RMD) 
Last resmed inc. earnings: 4/30 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Fort Collins, Colorado, April 08, 2024 (GLOBE NEWSWIRE) -- The growing prevalence of respiratory diseases induces the need for respiratory care devices. The increasing prevalence of respiratory diseases such as chronic obstructive pulmonary disease (COPD), asthma, pulmonary fibrosis, pneumonia, emphysema, and sleep apnea is driving the demand for respiratory care devices. According to the World Health Organization (WHO), COPD is projected to become the third leading cause of death worldwide by the end of 2025. Additionally, sedentary lifestyles coupled with rising trends in smoking and alcohol consumption are contributing factors to fatal disorders like lung cancer, necessitating appropriate treatment options. The growing emphasis on respiratory care has consequently fueled demand for respiratory care devices in recent years. The COVID-19 pandemic has had a profound impact, resulting in a significant surge in the need for respiratory solutions. This surge has propelled the resp Show less Read more
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