Tag: respiratory devices
CMS opens access to respiratory therapy
March 31, 2020HME News Staff
WASHINGTON - Medicare will cover respiratory related devices and equipment for any medical reason determined by clinicians during the coronavirus pandemic, CMS announced last night.Previously, Medicare only covered them under certain circumstances.“Clinicians now have maximum flexibility in determining patient needs for respiratory related device and equipment and the flexibility for more patients to manage their treatments at the home,” the agency states. “The current NCDs and...
Market for respiratory devices to hit $21.3B in five years
March 3, 2017HME News Staff
PORTLAND, Ore. - The global respiratory care device market was valued at $12.8 billion in 2015 and is projected to value $21.3 billion by 2022, according to a report published by Allied Market Research in February. That represents a CAGR of 7.4% from 2016 to 2022. Dominating the market, according to the report: the therapeutic segment, which accounted for more than half of the total market share in 2015. “The global respiratory care devices market is driven by factors such as increase in prevalence...