This report analyzes the worldwide markets for Respiratory Care Equipment & Supplies in Millions of US$. The specific product segments analyzed are Pulmonary Function Testing Equipment, Spirometers, Sleep Apnea Diagnostic Devices, Ventilators, Humidifiers, Nebulizers, CPAP/Bi-level Devices, Oxygen Equipment, Manual Resuscitators, and Masks, Circuits & Disposables. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East, and Latin America. Annual forecasts are provided for each region for the period of 2000 through 2015. The report profiles 223 companies including many key and niche players worldwide such as Allied Healthcare Products, Inc., Cardinal Health, Covidien Ltd., Dräger Medical AG & Co. KG, DeVilbiss Healthcare, Fisher & Paykel Healthcare Corporation Limited, Getinge AB, Hamilton Medical AG, Invacare Corporation, ResMed, Inc., nSpire Health™, LLC, ResMed, Inc., and Respironics, Inc. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

RESPIRATORY CARE EQUIPMENT & SUPPLIES						MCP-3359
A GLOBAL STRATEGIC BUSINESS REPORT


                                             CONTENTS

  I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

      Study Reliability and Reporting Limitations                       I-1
      Disclaimers                                                       I-2
      Data Interpretation & Reporting Level                             I-2
       Quantitative Techniques & Analytics                              I-3
      Product Definitions and Scope of Study                            I-3
       Pulmonary Function Testing Equipment                             I-3
       Spirometers                                                      I-4
       Sleep Apnea Diagnostic Devices                                   I-4
       Ventilators                                                      I-4
       Humidifiers                                                      I-4
       Nebulizers                                                       I-4
       CPAP/Bi-Level Devices                                            I-4
       Oxygen Equipment                                                 I-5
       Manual Resuscitators                                             I-5
       Masks, Circuits & Disposables                                    I-5


 II. EXECUTIVE SUMMARY

  1. Industry Overview                                                  II-1
      Current Scenario                                                  II-1
      Major Factors Augmenting Industry Growth                          II-1
       Home Respiratory Segment Gain Market Share                       II-2
       Market Potential for Oxygen Equipment Remains High               II-2

  2. Respiratory Care Industry: A Broad Spectrum                        II-3
      Increasing Incidence of Respiratory Ailments                      II-3
      Growing Need for Supplemental Oxygen Therapy                      II-3
      Respiratory Products Market: Boosted by Advances in Medical
       Technology                                                       II-3
      USA - One of the Leading Markets for Respiratory Products         II-4
      Respiratory Care Industry Classification                          II-4
       Therapeutics                                                     II-4
       Monitoring                                                       II-4
       Diagnostics                                                      II-5
       Alternate Care Market Growth Should Remain Top-Notch             II-5

  3. Competition in the Respiratory Care Market                         II-6
      Ventilators Market                                                II-6
       Growth from Mature Markets                                       II-6
       USA Accounts for Major Share in the Ventilator Market            II-6
       Leading Players                                                  II-7
        Medical Ventilators Market                                      II-7
         Table 1: Leading Players in the Global Ventilation
         Equipment Market (2005 & 2006) - Percentage Breakdown of
         Value Sales for Dräger Medical, Getinge, Tyco
         Healthcare/Nellcor, VIASYS, Hamilton, and Others (includes
         corresponding Graph/Chart)                                     II-7
        Pulmonary Function Testing Market                               II-7
         Table 2: Leading Players in Global Pulmonary Function
         Testing Market (2005 & 2006) - Percentage Breakdown of
         Value Sales for VIASYS, nSpire Health, Medical Graphics,
         and Others (includes corresponding Graph/Chart)                II-7
       Competition in the CPAP and OSA Market                           II-8
        Entry Barriers                                                  II-8
        Leading Players                                                 II-8
         Table 3: Leading Players in the Global CPAP Market (2005 &
         2006): Percentage Breakdown of Value Sales for Respironics,
         ResMed, Tyco Healthcare, and Others (includes corresponding
         Graph/Chart)                                                   II-8

         Table 4: Leading Players in the Global Oxygen Concentrator
         Market (2005 & 2006): Percentage Share Breakdown by Value
         Sales for Invacare, Respironics, Sunrise Medical/Devilbies,
         AirSep, SeQual, and Others (includes corresponding
         Graph/Chart)                                                   II-9

  4. Respiratory Therapy Equipment                                      II-10
      Product Overview                                                  II-10
       Ventilators                                                      II-10
       CPAP\Bi-Level Devices                                            II-10
        Bi-Level Positive Airway Pressure                               II-11
       Nebulizers                                                       II-11
       Oxygen Therapy Equipment                                         II-11
        Oxygen Concentrators                                            II-11
        Oxygen Concentrators Performance Norms Set by WHO               II-12
        Still Considered to be the Most Economical Form of Treatment    II-12
        Liquid Oxygen Systems: Apt for Ambulatory Patients              II-12
        Oxygen-Conserving Devices                                       II-12
       Humidifiers                                                      II-13
       Manual Resuscitators                                             II-13

  5. Respiratory Diagnostics                                            II-14
      Pulmonary Function Testing                                        II-14
       Prospects                                                        II-14
       Pulmonary Function Testing Equipment                             II-15
      Spirometers                                                       II-15
       Different Kinds of Spirometers                                   II-15
      Peak Flow Meters                                                  II-16
      Pneumotachometers                                                 II-17
      Gas Analyzers                                                     II-17
      Gas Chromatography                                                II-17
      Mass Spectrometers                                                II-17
      Plethysmograph                                                    II-18
      Exercise Testing Equipment                                        II-18
      Recorders                                                         II-18
      Computers                                                         II-18

  6. Kinds of Pulmonary Equipment Tests                                 II-20
      Tests Using Spirometer                                            II-20
      Test Using Pneumotachometers                                      II-20
      Tests Requiring Gas Analyzers                                     II-21
      Control of Ventilation                                            II-21
      Tests Using Plethysmograph                                        II-21

  7. Ventilators for Respiratory Care                                   II-22
      Lung Mechanics                                                    II-22
      Ventilators and Respirators                                       II-23
       Assistor-Controllers                                             II-23
       Types of Ventilators                                             II-23
       Positive-Pressure Assistor-Controller                            II-24
       Volume-Cycled Ventilator                                         II-24
      Ventilators for Anesthesiology                                    II-24
       History                                                          II-25
        Tank Respirator and the Cuirass Ventilator                      II-25
       Conventional Mechanical Ventilation                              II-25
      Classification and Theory of Ventilators                          II-26
       Classification                                                   II-27
       Pediatric Ventilators                                            II-27
       High-Frequency Ventilators                                       II-28
       Ideal Anesthesia Ventilators                                     II-28
       Future Developments of Ventilators                               II-28
      Ventilatory Monitoring                                            II-29
       Indications for Ventilatory Monitoring                           II-29
       Levels of Ventilatory Monitoring                                 II-29
      Parameters Used in Monitoring Lung Mechanics                      II-30
       Breathing Frequency                                              II-30
       Lung Volume and Airflow                                          II-30
       Airway and Esophageal Pressures                                  II-31
       Adequacy of Ventilation                                          II-31
      Methods and Devices Used in Ventilatory Monitoring                II-31
       Impedance Pneumography                                           II-31
       Practical and Technical Considerations in Blood Gas Analysis     II-32
       Alarms                                                           II-32
       New Developments in Ventilatory Monitoring                       II-32
       Inhalators                                                       II-32
      Non-Invasive Ventilation                                          II-33
       A Substitute for Traditional Volume Ventilation                  II-33

  8. Review of Respiratory Conditions                                   II-34
      Obstructive Sleep Apnea Market                                    II-34
       Sleep Apnea: Widely Prevalent Sleep Disorder                     II-34
       Multi-channel Recording Systems to Detect Breathing Ailments     II-34
       Uvulopalatopharyngoplasty: The Most Common Surgical Procedure
        Used in the Treatment of OSA                                    II-34
       Alternative Therapeutic Procedures for Sleep Apnea               II-35
       Self-Titrating Devices: Offer Greater Degree of Comfort          II-35
      Asthma                                                            II-36
       A Serious Respiratory Ailment                                    II-36
       Treatment                                                        II-36
        Bronchodilators                                                 II-36
        Anticholinergics                                                II-36
        Anti-Inflammatories                                             II-36
      Chronic Obstructive Pulmonary Disease                             II-37
       Treatment of COPD                                                II-37

  9. Research & Development                                             II-38
      USA and Israel Researchers Develop New Respiratory Flow
       Monitoring Device                                                II-38
      US Researchers Develop New Fluid Flow Measuring Device,
       Spirometer                                                       II-38
      Switzerland and US Researchers Develop New Breathing Ventilator   II-38
      UK Researcher Develops Squeeze Bag Resuscitator                   II-38
      Japanese Inventors Introduce Face-Wearing Humidifier              II-38
      Tennessee Inventor Designs Mechanical Resuscitator                II-38
      Pulmonary Function Test Calibration System from Georgia Inventors II-39

  10. Product Introductions/Innovations                                 II-40
      Covidien Introduces Sandman Intro CPAP                            II-40
      Trivitron Unveils the World's First 3D ICU Ventilator in India    II-40
      Teleflex Medical Rolls out New Heated Humidifier                  II-40
      Fisher & Paykel Flaunts SleepStyle Flow Generators               II-40
      Maquet Rolls out New Anesthesia System                            II-41
      ResMed Develops New Positive Airway Pressure System               II-41
      Hamilton Introduces Ventilator Autopilot for Intelligent
       Ventilation in Hospitals                                         II-41
      Dräger Medical Offers New Carina Set of Ventilators              II-41
      SeQual Technologies Releases Eclipse Oxygen System               II-42
      HAMILTON MEDICAL Introduces Compact RAPHAEL XTC                   II-42
      Smiths Medical Launches Portex Thermovent T2                      II-42
      Teleflex Medical Releases Comfort Flo Humidification System      II-42
      Fisher & Paykel Healthcare Introduces New Respiratory Interfaces  II-43
      Puritan Bennett Unveils PAV+ Proportional Assist Ventilation
       Plus Software                                                    II-43
      VIASYS Healthcare Unveils VCare Connect Remote Support Tool       II-43
      Maquet Critical Care's SERVO-i Ventilator Features MRI
       Compatibility                                                    II-43
      Maquet Critical Care's SERVO-i Ventilator Features Nasal CPAP
       Functionality                                                    II-44
      Hoffman Laboratories Unveils BreatheX CPAP Device                 II-44
      Teijin Pharma Releases GoodKnight 420 Series of CPAP in Japan     II-44
      Teijin Pharma Unveils Sleep Mate RS8 in Japan                     II-44
      Dräger Medical and Masimo Launch Infinity Masimo SET SpO2
       SmartPod                                                         II-44
      Sunrise Unveils DeVilbiss 9055                                    II-45
      Hamilton Unveils Noninvasive Ventilation Systems                  II-45
      Fisher & Paykel Launches MR880 Humidification System              II-45
      InnoMed Technologies Releases Nasal-PAP Freestyle                 II-45
      Invacare Expands Product Line                                     II-45
      Micro Medical Launches New SpidaXpert Spirometry Software         II-46
      Micro Medical Introduces Advanced Spirometer                      II-46
      VIASYS Unveils VMAX ENCORE                                        II-46
      Pulmonetic Systems Introduces LTV Series with Heated Wire
       Circuits                                                         II-46
      ResMed Launches Mirage Swift Nasal Pillows System                II-46
      Fisher & Paykel Introduces Breathing Circuit Technology           II-46
      Fisher & Paykel Launches ThermoSmart & Ambient Tracking          II-46
      Fisher & Paykel Introduces FlexiFit                              II-47
      Fisher & Paykel Unveils New Nasal Masks                           II-47
      InnoMed Unveils Nasal-Aire Critical Care Device and Nasal-Pap
       Interface                                                        II-47
      Nellcor Introduces Manual Resuscitators                           II-47
      Aerogen Introduces Aeroneb Pro                                    II-47
      ResMed Launches Mirage Vista                                     II-48
      ResMed Introduces Auto-Titrating CPAP                             II-48
      Fisher & Paykel Introduces Aclaim 2 Nasal Mask                   II-48
      VIASYS Introduces Orion Nasal CPAP                                II-48
      Ferraris Group Introduces "PiKo"                                  II-48
      Puritan Bennett Launches Compact Bi-Level Ventilator              II-49
      SleepNet Launches the MiniMe Nasal Mask from SleepNet            II-49
      Respironics Announces FDA 510(k) Approval for REMstar Auto
       CPAP System                                                      II-49
      VIASYS Healthcare Introduces Avea Critical Care Ventilator        II-49
      Siemens Medical Launches New Ventilator                           II-49
      Puritan Bennett Rolls Out NeoMode Option for Model 840 Ventilator II-50
      Respironics Launches Innovative Range of Esprit Ventilator        II-50
      Cardiopulmonary Unveils Ventilator Management System              II-50
      Advanced Respiratory Launches New Chest Vest                      II-50
      Respironics Introduces Humax Humidification System                II-50
      Maxtec Launches Max2Vent                                          II-51
      DHD Healthcare Launches Disposable Patient Circuit                II-51
      Bunnell Introduces Whisperjet Patient Box                         II-51
      BCI SIMS Rolls Out Digital Pulse Oximeter                         II-51
      Siemens Medical Solutions Launches Integrated Ventilator, Servo I II-51
      Fisher & Paykel Healthcare Releases Aclaim Nasal Mask             II-52
      VIASYS Launches Portable Pulmonary Function System                II-52
      Pari Respiratory Equipment Introduces Proneb Ultra                II-52
      AeroGen Releases Aeroneb Portable Nebulizer System               II-52
      Respironics Rolls Out REMstar Plus                                II-52
      Invacare Obtains FDA 510(k) Approval on Venture HomeFill II      II-53
      QRS Diagnostic Receives FDA 510(k) Approval                       II-53
      Omron Healthcare Introduces MicroAir Nebulizer                    II-53
      Vital Signs Receives FDA Approval for Marketing Breas' CPAP
       Device                                                           II-53
      Mabis Launches Ultrasonic Nebulizer                               II-54
      Respironics Launches New Advanced Generation of CPAP System       II-54
      Microban Products Introduces Holmes' Line of HUMIDIFIERs          II-54
      Respironics Launches The Nasal Gel Mask                           II-54
      Sellstrom Introduces Respirator Mask                              II-54

  11. Recent Industry Activity                                          II-55
      Philips Pockets Respironics                                       II-55
      GaleMed to Expand Chinese Facility                                II-55
      Invacare to Distribute Ingen's Oxygen Flow Meters                 II-55
      Teleflex to Supply Respiratory Products to Novation               II-55
      Cardinal Acquires Viasys Healthcare                               II-55
      Respironics to Set up New Production Plant for Therapy Devices    II-56
      Respironics' BiPAP autoSV Device Receives 510(k) Clearance
       from FDA                                                         II-56
      Sunrise Medical to Split into Two Businesses                      II-56
      Ferraris Respiratory Added to nSpire Health                      II-56
      VIASYS Acquires Tiara Medical Systems                             II-56
      VIASYS Acquires Hoffman, Expands Presence in Sleep Therapeutic
       Market                                                           II-57
      Arcadia Acquires Regional Oxygen and Medical Equipment and
       Encore Respiratory                                               II-57
      Arcadia Acquires Lovell Medical Supply                            II-57
      Arcadia Acquires Three Durable Medical Equipment Facilities of
       Alliance                                                         II-58
      BioProgress Enters into Acquisition Agreement with airPharma      II-58
      Tyco Enters into Agreement to Acquire 37.25% Stake in Airox       II-58
      VIASYS Receives Supply Contract from New York State Department
       of Health                                                        II-59
      Schering-Plough Enters into Collaborative Agreement with Novartis II-59
      Respironics to Strengthen Existing Relationship with Masimo       II-59
      Ingen Technologies Commences Production of OxyView               II-60
      Hoffman Receives Food and Drug Bureau Approval to Ship BreatheX  II-60
      Breas Medical Receives FDA Clearance to Sell iSleep and VIVO    II-60
      Pediatric Services of America Divests Respiratory Therapy
       Equipment and Services Business to Lincare                       II-60
      VIASYS Acquires Pulmonetic                                        II-61
      Delphi Medical Inks Global Licensing Agreement with WearAir       II-61
      Delphi Signs Exclusive Agreement with Scroll Labs                 II-61
      MediServe Signs Agreement with Nebraska Medical Center            II-62
      Accentia Obtains License to Market Late-Stage Respiratory Product II-62
      Sleep Solutions Gains License from the University at Buffalo      II-62
      CRF and Ferraris Collaborate to Develop Bluetooth- Enabled
       eDiary Solution                                                  II-63
      BiancaMed's LifeScreen Apnea Device Gets FDA Clearance            II-63
      VIASYS Divests CV and OV Services to Huntleigh Technology         II-63
      VIASYS HealthCare Acquires Micro Medical                          II-64
      Respironics Acquires Caradyne                                     II-64
      Invacare Supply Group Opens New Distribution Center               II-64
      Respironics Enters into Agreement with Aerogen                    II-64
      GETINGE Restructures Sales Organization                           II-64
      GETINGE Acquires Siemens' Life Support Systems Business           II-65
      GETINGE Acquires Jostra                                           II-65
      Respironics Acquires Stake in Fuji RC                             II-65
      Respironics Acquires Novametrix                                   II-65
      QRS Diagnostic Executes Distribution Agreement with Respironics   II-65
      ResMed Acquires MAP                                               II-66
      Riverside Acquires DHD Healthcare                                 II-66
      Thermo Electron Spins off VIASYS Healthcare                       II-66
      Tyco Purchases Mallinckrodt                                       II-66

  12. Focus on Select Global Players                                    II-67
      Allied Healthcare Products, Inc. (USA)                            II-67
      Cardinal Health (USA)                                             II-67
      Covidien Ltd (USA)                                                II-68
      Dräger Medical AG & Co. KG (Germany)                              II-68
      DeVilbiss Healthcare (USA)                                        II-68
      Fisher & Paykel Healthcare Corporation Limited (New Zealand)      II-69
      Getinge AB (Sweden)                                               II-69
      Hamilton Medical AG (Switzerland)                                 II-69
      Invacare Corporation (USA)                                        II-70
      nSpire Health, LLC (USA)                                         II-70
      ResMed, Inc. (USA)                                                II-70
      Respironics, Inc. (USA)                                           II-71

  13. Global Market Perspective                                         II-72
      Table 5: World Recent Past, Current & Future Market Analysis
      for Respiratory Care Equipment & Supplies by Geographic Region - 
      USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
      Middle East and Latin America Markets Independently Analyzed
      with Annual Sales Figures in US$ Million for Years 2000
      through 2010 (includes corresponding Graph/Chart)                 II-72

      Table 6: World Long Term Projections for Respiratory Care
      Equipment & Supplies by Geographic Region - USA, Canada,
      Japan, Europe, Asia-Pacific (excluding Japan), Middle East and
      Latin America Markets Independently Analyzed with Annual Sales
      Figures in US$ Million for Years 2011 through 2015 (includes
      corresponding Graph/Chart)                                        II-73

      Table 7: World 10-Year Perspective for Respiratory Care
      Equipment & Supplies by Geographic Region - Percentage
      Breakdown of Dollar Sales for USA, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), Middle East and Latin America
      Markets for Years 2003, 2008 and 2012 (includes corresponding
      Graph/Chart)                                                      II-74

      Table 8: World Recent Past, Current & Future Market Analysis
      for Pulmonary Function Testing Equipment by Geographic Region - 
      USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
      Middle East and Latin America Markets Independently Analyzed
      with Annual Sales Figures in US$ Million for Years 2000
      through 2010 (includes corresponding Graph/Chart)                 II-75

      Table 9: World Long Term Projections for Pulmonary Function
      Testing Equipment by Geographic Region - USA, Canada, Japan,
      Europe, Asia-Pacific (excluding Japan), Middle East and Latin
      America Markets Independently Analyzed with Annual Sales
      Figures in US$ Million for Years 2011 through 2015 (includes
      corresponding Graph/Chart)                                        II-76

      Table 10: World 10-Year Perspective for Pulmonary Function
      Testing Equipment by Geographic Region - Percentage Breakdown
      of Dollar Sales for USA, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Middle East and Latin America Markets for
      Years 2003, 2008 and 2012 (includes corresponding Graph/Chart)    II-77

      Table 11: World Recent Past, Current & Future Market Analysis
      for Spirometers by Geographic Region - USA, Canada, Japan,
      Europe, Asia-Pacific (excluding Japan), Middle East and Latin
      America Markets Independently Analyzed with Annual Sales
      Figures in US$ Million for Years 2000 through 2010 (includes
      corresponding Graph/Chart)                                        II-78

      Table 12: World Long Term Projections for Spirometers by
      Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Middle East and Latin America Markets
      Independently Analyzed with Annual Sales Figures in US$
      Million for Years 2011 through 2015 (includes corresponding
      Graph/Chart)                                                      II-79

      Table 13: World 10-Year Perspective for Spirometers by
      Geographic Region - Percentage Breakdown of Dollar Sales for
      USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
      Middle East and Latin America Markets for Years 2003, 2008 &
      2012 (includes corresponding Graph/Chart)                         II-80

      Table 14: World Recent Past, Current & Future Market Analysis
      for Sleep Apnea Diagnostic Devices by Geographic Region - USA,
      Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
      East and Latin America Markets Independently Analyzed with
      Annual Sales Figures in US$ Million for Years 2000 through
      2010 (includes corresponding Graph/Chart)                         II-81

      Table 15: World Long Term Projections for Sleep Apnea
      Diagnostic Devices by Geographic Region - USA, Canada, Japan,
      Europe, Asia-Pacific (excluding Japan), Middle East and Latin
      America Markets Independently Analyzed with Annual Sales
      Figures in US$ Million for Years 2011 through 2015 (includes
      corresponding Graph/Chart)                                        II-82

      Table 16: World 10-Year Perspective for Sleep Apnea Diagnostic
      Devices by Geographic Region - Percentage Breakdown of Dollar
      Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding
      Japan), Middle East and Latin America Markets for Years 2003,
      2008 & 2012 (includes corresponding Graph/Chart)                  II-83

      Table 17: World Recent Past, Current & Future Market Analysis
      for Ventilators by Geographic Region - USA, Canada, Japan,
      Europe, Asia-Pacific (excluding Japan), Middle East and Latin
      America Markets Independently Analyzed with Annual Sales
      Figures in US$ Million for Years 2000 through 2010 (includes
      corresponding Graph/Chart)                                        II-84

      Table 18: World Long Term Projections for Ventilators by
      Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Middle East and Latin America Markets
      Independently Analyzed with Annual Sales Figures in US$
      Million for Years 2011 through 2015 (includes corresponding
      Graph/Chart)                                                      II-85

      Table 19: World 10-Year Perspective for Ventilators by
      Geographic Region - Percentage Breakdown of Dollar Sales for
      USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
      Middle East and Latin America Markets for Years 2003, 2008 &
      2012 (includes corresponding Graph/Chart)                         II-86

      Table 20: World Recent Past, Current & Future Market Analysis
      for Humidifiers by Geographic Region - USA, Canada, Japan,
      Europe, Asia-Pacific (excluding Japan), Middle East and Latin
      America Markets Independently Analyzed with Annual Sales
      Figures in US$ Million for Years 2000 through 2010 (includes
      corresponding Graph/Chart)                                        II-87

      Table 21: World Long Term Projections for Humidifiers by
      Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Middle East and Latin America Markets
      Independently Analyzed with Annual Sales Figures in US$
      Million for Years 2011 through 2015 (includes corresponding
      Graph/Chart)                                                      II-88

      Table 22: World 10-Year Perspective for Humidifiers by
      Geographic Region - Percentage Breakdown of Dollar Sales for
      USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
      Middle East and Latin America Markets for Years 2003, 2008 &
      2012 (includes corresponding Graph/Chart)                         II-89

      Table 23: World Recent Past, Current & Future Market Analysis
      for Nebulizers by Geographic Region - USA, Canada, Japan,
      Europe, Asia-Pacific (excluding Japan), Middle East and Latin
      America Markets Independently Analyzed with Annual Sales
      Figures in US$ Million for Years 2000 through 2010 (includes
      corresponding Graph/Chart)                                        II-90

      Table 24: World Long Term Projections for Nebulizers by
      Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Middle East and Latin America Markets
      Independently Analyzed with Annual Sales Figures in US$
      Million for Years 2011 through 2015 (includes corresponding
      Graph/Chart)                                                      II-91

      Table 25: World 10-Year Perspective for Nebulizers by
      Geographic Region - Percentage Breakdown of Dollar Sales for
      USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
      Middle East and Latin America Markets for Years 2003, 2008 &
      2012 (includes corresponding Graph/Chart)                         II-92

      Table 26: World Recent Past, Current & Future Market Analysis
      for CPAP/Bi-Level Devices by Geographic Region - USA, Canada,
      Japan, Europe, Asia-Pacific (excluding Japan), Middle East and
      Latin America Markets Independently Analyzed with Annual Sales
      Figures in US$ Million for Years 2000 through 2010 (includes
      corresponding Graph/Chart)                                        II-93

      Table 27: World Long Term Projections for CPAP/Bi-Level
      Devices by Geographic Region - USA, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), Middle East and Latin America
      Markets Independently Analyzed with Annual Sales Figures in
      US$ Million for Years 2011 through 2015 (includes
      corresponding Graph/Chart)                                        II-94

      Table 28: World 10-Year Perspective for CPAP/Bi-Level Devices
      by Geographic Region - Percentage Breakdown of Dollar Sales
      for USA, Canada, Japan, Europe, Asia-Pacific (excluding
      Japan), Middle East and Latin America Markets for Years 2003,
      2008 & 2012 (includes corresponding Graph/Chart)                  II-95

      Table 29: World Recent Past, Current & Future Market Analysis
      for Oxygen Equipment by Geographic Region - USA, Canada,
      Japan, Europe, Asia-Pacific (excluding Japan), Middle East and
      Latin America Markets Independently Analyzed with Annual Sales
      Figures in US$ Million for Years 2000 through 2010 (includes
      corresponding Graph/Chart)                                        II-96

      Table 30: World Long Term Projections for Oxygen Equipment by
      Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Middle East and Latin America Markets
      Independently Analyzed with Annual Sales Figures in US$
      Million for Years 2011 through 2015 (includes corresponding
      Graph/Chart)                                                      II-97

      Table 31: World 10-Year Perspective for Oxygen Equipment by
      Geographic Region - Percentage Breakdown of Dollar Sales for
      USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
      Middle East and Latin America Markets for Years 2003, 2008 &
      2012 (includes corresponding Graph/Chart)                         II-98

      Table 32: World Recent Past, Current & Future Market Analysis
      for Manual Resuscitators by Geographic Region - USA, Canada,
      Japan, Europe, Asia-Pacific (excluding Japan), Middle East and
      Latin America Markets Independently Analyzed with Annual Sales
      Figures in US$ Million for Years 2000 through 2010 (includes
      corresponding Graph/Chart)                                        II-99

      Table 33: World Long Term Projections for Manual Resuscitators
      by Geographic Region - USA, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), Middle East and Latin America
      Markets Independently Analyzed with Annual Sales Figures in
      US$ Million for Years 2011 through 2015 (includes
      corresponding Graph/Chart)                                        II-100

      Table 34: World 10-Year Perspective for Manual Resuscitators
      by Geographic Region - Percentage Breakdown of Dollar Sales
      for USA, Canada, Japan, Europe, Asia-Pacific (excluding
      Japan), Middle East and Latin America Markets for Years 2003,
      2008 & 2012 (includes corresponding Graph/Chart)                  II-101

      Table 35: World Recent Past, Current & Future Market Analysis
      for Respiratory Masks, Circuits & Disposables by Geographic
      Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding
      Japan), Middle East and Latin America Markets Independently
      Analyzed with Annual Sales Figures in US$ Million for Years
      2000 through 2010 (includes corresponding Graph/Chart)            II-102

      Table 36: World Long Term Projections for Respiratory Masks,
      Circuits & Disposables by Geographic Region - USA, Canada,
      Japan, Europe, Asia-Pacific (excluding Japan), Middle East and
      Latin America Markets Independently Analyzed with Annual Sales
      Figures in US$ Million for Years 2011 through 2015 (includes
      corresponding Graph/Chart)                                        II-103

      Table 37: World 10-Year Perspective for Respiratory Masks,
      Circuits & Disposables by Geographic Region - Percentage
      Breakdown of Dollar Sales for USA, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), Middle East and Latin America
      Markets for Years 2003, 2008 & 2012 (includes corresponding
      Graph/Chart)                                                      II-104


III. MARKET

  1. The United States                                                  III-1
      A.Market Analysis                                                 III-1
        Current & Future Analysis                                       III-1
        Market Overview                                                 III-1
        Nebulizer Market Grows                                          III-1
        CPAP Equipment Gain Popularity among Ambulance Services         III-2
        Compact and Noiseless Nebulizers - Gain Popularity              III-2
        Driving Forces of OSA                                           III-2
        Reimbursement Cuts Affect Market                                III-2
         Table 38: Percentage of Population in Terms of Age Group in
         the US (includes corresponding Graph/Chart)                    III-3

         Table 39: Elderly Population in the US (2001, 2006 and
         2010): Population in Millions by Age Group - 50-54, 55-59,
         60-64, 65-69 and 70-74 (includes corresponding Graph/Chart)    III-3
        Respiratory Care Equipment & Supplies Market                    III-3
        Leading Players by Select Segments                              III-4
         Table 40: Leading Players in the US Medical Ventilation
         Market (2005 & 2006) - Percentage Breakdown of Value Sales
         for Tyco Healthcare/Nellcor, Getinge, VIASYS, Dräger
         Medical, and Others (includes corresponding Graph/Chart)       III-4

         Table 41: Leading Players in the US Sleep Apnea Diagnostics
         Market (2005 & 2006): Percentage Breakdown of Value Sales
         for Tyco (Sandman), Respironics, Medcare, VIASYS
         (Sensormedics), Compumedics, Bio-Logics, and Others
         (includes corresponding Graph/Chart)                           III-5

         Table 42: Leading Players in the US Nebulizers Market (2005 & 
         2006): Percentage Breakdown of Value Sales for Sunrise,
         Respironics, Invacare, and Others (includes corresponding
         Graph/Chart)                                                   III-5

         Table 43: Leading Players in the US Compressor- based
         Nebulizers Market (2005 & 2006): Percentage Breakdown of
         Value Sales for Sunrise, Invacare, Medical Industries
         America, PARI Respiratory Equipment, Respironics, and
         Others (includes corresponding Graph/Chart)                    III-6

         Table 44: Leading Players in the US Ultrasonic Nebulizers
         Market (2005 & 2006): Percentage Breakdown of Value Sales
         for Omron Healthcare, MABIS Healthcare, Sunrise, SureMist,
         and Others (includes corresponding Graph/Chart)                III-6

         Table 45: Leading Players in the US Positive Airway
         Pressure Therapy Market (2005 & 2006): Percentage Breakdown
         of Value Sales for Respironics, ResMed, Fisher & Paykel,
         Tyco, and Others (includes corresponding Graph/Chart)          III-7

         Table 46: Leading Players in the US Oxygen Concentrators
         Market (2005 & 2006): Percentage Breakdown of Value Sales
         for Invacare, Respironics, AirSep, Sunrise, and Others
         (includes corresponding Graph/Chart)                           III-7

         Table 47: Leading Players in the US Respiratory Disposables
         Devices Market (2005 & 2006): Percentage Breakdown of Value
         Sales for Teleflex Medical, Tyco Healthcare/Nellcor,
         Cardinal Health, Vital Signs, Smiths Medical, Salter Labs,
         and Others (includes corresponding Graph/Chart)                III-8
        Product Launches/Developments                                   III-8
        Strategic Corporate Developments                                III-19
        Key Players                                                     III-30
      B.Market Analytics                                                III-35
        Table 48: US Recent Past, Current & Future Market Analysis
        for Respiratory Care Equipment & Supplies by Product Segment
        - Pulmonary Function Testing, Spirometers, Sleep Apnea
        Diagnostic Devices, Ventilators, Humidifiers, Nebulizers,
        CPAP/Bi-Level Devices, Oxygen Equipment, Manual
        Resuscitators, and Masks, Circuits & Disposables Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2000 through 2010 (includes corresponding
        Graph/Chart)                                                    III-35

        Table 49: US Long Term Projections for Respiratory Care
        Equipment & Supplies by Product Segment - Pulmonary Function
        Testing, Spirometers, Sleep Apnea Diagnostic Devices,
        Ventilators, Humidifiers, Nebulizers, CPAP/Bi-Level Devices,
        Oxygen Equipment, Manual Resuscitators, and Masks, Circuits & 
        Disposables Markets Independently Analyzed with Annual
        Sales Figures in US$ Million for Years 2011 through 2015
        (includes corresponding Graph/Chart)                            III-36

        Table 50: US 10-Year Perspective for Respiratory Care
        Equipment & Supplies by Product Segment - Percentage
        Breakdown of Dollar Sales for Pulmonary Function Testing,
        Spirometers, Sleep Apnea Diagnostic Devices, Ventilators,
        Humidifiers, Nebulizers, CPAP/bi-level Devices, Oxygen
        Equipment, Manual Resuscitators, and Masks, Circuits &
        Disposables Markets for Years 2003, 2008 & 2012 (includes
        corresponding Graph/Chart)                                      III-37

  2. Canada                                                             III-38
       Market Analysis                                                  III-38
        Current & Future Analysis                                       III-38
        Table 51: Canadian Recent Past, Current & Future Market
        Analysis for Respiratory Care Equipment & Supplies by
        Product Segment - Pulmonary Function Testing, Spirometers,
        Sleep Apnea Diagnostic Devices, Ventilators, Humidifiers,
        Nebulizers, CPAP/Bi-Level Devices, Oxygen Equipment, Manual
        Resuscitators, and Masks, Circuits & Disposables Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2000 through 2010 (includes corresponding
        Graph/Chart)                                                    III-38

        Table 52: Canadian Long Term Projections for Respiratory
        Care Equipment & Supplies by Product Segment - Pulmonary
        Function Testing, Spirometers, Sleep Apnea Diagnostic
        Devices, Ventilators, Humidifiers, Nebulizers, CPAP/Bi-Level
        Devices, Oxygen Equipment, Manual Resuscitators, and Masks,
        Circuits & Disposables Markets Independently Analyzed with
        Annual Sales Figures in US$ Million for Years 2011 through
        2015 (includes corresponding Graph/Chart)                       III-39

        Table 53: Canadian 10-Year Perspective for Respiratory Care
        Equipment & Supplies by Product Segment - Percentage
        Breakdown of Dollar Sales for Pulmonary Function Testing,
        Spirometers, Sleep Apnea Diagnostic Devices, Ventilators,
        Humidifiers, Nebulizers, CPAP/bi-level Devices, Oxygen
        Equipment, Manual Resuscitators, and Masks, Circuits &
        Disposables Markets for Years 2003, 2008 & 2012 (includes
        corresponding Graph/Chart)                                      III-40

  3. Japan                                                              III-41
      A.Market Analysis                                                 III-41
        Current & Future Analysis                                       III-41
        Market Overview                                                 III-41
        Product Launches/Developments                                   III-41
        Strategic Corporate Development                                 III-42
      B.Market Analytics                                                III-43
        Table 54: Japanese Recent Past, Current & Future Market
        Analysis for Respiratory Care Equipment & Supplies by
        Product Segment - Pulmonary Function Testing, Spirometers,
        Sleep Apnea Diagnostic Devices, Ventilators, Humidifiers,
        Nebulizers, CPAP/Bi-Level Devices, Oxygen Equipment, Manual
        Resuscitators, and Masks, Circuits & Disposables Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2000 through 2010 (includes corresponding
        Graph/Chart)                                                    III-43

        Table 55: Japanese Long Term Projections for Respiratory
        Care Equipment & Supplies by Product Segment - Pulmonary
        Function Testing, Spirometers, Sleep Apnea Diagnostic
        Devices, Ventilators, Humidifiers, Nebulizers, CPAP/Bi-Level
        Devices, Oxygen Equipment, Manual Resuscitators, and Masks,
        Circuits & Disposables Markets Independently Analyzed with
        Annual Sales Figures in US$ Million for Years 2011 through
        2015 (includes corresponding Graph/Chart)                       III-44

        Table 56: Japanese 10-Year Perspective for Respiratory Care
        Equipment & Supplies by Product Segment - Percentage
        Breakdown of Dollar Sales for Pulmonary Function Testing,
        Spirometers, Sleep Apnea Diagnostic Devices, Ventilators,
        Humidifiers, Nebulizers, CPAP/bi-level Devices, Oxygen
        Equipment, Manual Resuscitators, and Masks, Circuits &
        Disposables Markets for Years 2003, 2008 & 2012 (includes
        corresponding Graph/Chart)                                      III-45

  4. Europe                                                             III-46
      A.Market Analysis                                                 III-46
        Current & Future Analysis                                       III-46
        Market Overview                                                 III-46
        Sleep Apnea Diagnostics - A Growing Market                      III-46
        Anesthesia and Respiratory Equipment Market Set to Grow         III-46
        Leading Players                                                 III-47
         Table 57: Leading Players in the European Medical
         Ventilation Market (2005 & 2006) - Percentage Breakdown of
         Value Sales for Dräger Medical, Getinge, Tyco
         Healthcare/Nellcor, Hamilton and Others (includes
         corresponding Graph/Chart)                                     III-47
      B.Market Analytics                                                III-48
        Table 58: European Recent Past, Current & Future Market
        Analysis for Respiratory Care Equipment & Supplies by
        Geographic Region - France, Germany, Italy, UK and Rest of
        Europe Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2000 through 2010 (includes
        corresponding Graph/Chart)                                      III-48

        Table 59: European Long Term Projections for Respiratory
        Care Equipment & Supplies by Geographic Region - France,
        Germany, Italy, UK and Rest of Europe Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2011 through 2015 (includes corresponding Graph/Chart)          III-49

        Table 60: European Recent Past, Current & Future Market
        Analysis for Respiratory Care Equipment & Supplies by
        Product Segment - Pulmonary Function Testing, Spirometers,
        Sleep Apnea Diagnostic Devices, Ventilators, Humidifiers,
        Nebulizers, CPAP/Bi-Level Devices, Oxygen Equipment, Manual
        Resuscitators, and Masks, Circuits & Disposables Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2000 through 2010 (includes corresponding
        Graph/Chart)                                                    III-50

        Table 61: European Long Term Projections for Respiratory
        Care Equipment & Supplies by Product Segment - Pulmonary
        Function Testing, Spirometers, Sleep Apnea Diagnostic
        Devices, Ventilators, Humidifiers, Nebulizers, CPAP/Bi-Level
        Devices, Oxygen Equipment, Manual Resuscitators, and Masks,
        Circuits & Disposables Markets Independently Analyzed with
        Annual Sales Figures in US$ Million for Years 2011 through
        2015 (includes corresponding Graph/Chart)                       III-51

        Table 62: European 10-Year Perspective for Respiratory Care
        Equipment by Geographic Region - Percentage Breakdown of
        Dollar Sales for France, Germany, Italy, UK and Rest of
        Europe Markets for Years 2003, 2008 & 2012 (includes
        corresponding Graph/Chart)                                      III-52

        Table 63: European 10-Year Perspective for Respiratory Care
        Equipment & Supplies by Product Segment - Percentage
        Breakdown of Dollar Sales for Pulmonary Function Testing,
        Spirometers, Sleep Apnea Diagnostic Devices, Ventilators,
        Humidifiers, Nebulizers, CPAP/Bi-Level Devices, Oxygen
        Equipment, Manual Resuscitators, and Masks, Circuits &
        Disposables Markets for Years 2003, 2008 & 2012 (includes
        corresponding Graph/Chart)                                      III-53

  4a. France                                                            III-54
      A.Market Analysis                                                 III-54
        Current & Future Analysis                                       III-54
        Strategic Corporate Development                                 III-54
      B.Market Analytics                                                III-55
        Table 64: French Recent Past, Current & Future Market
        Analysis for Respiratory Care Equipment & Supplies by
        Product Segment - Pulmonary Function Testing, Spirometers,
        Sleep Apnea Diagnostic Devices, Ventilators, Humidifiers,
        Nebulizers, CPAP/Bi-Level Devices, Oxygen Equipment, Manual
        Resuscitators, and Masks, Circuits & Disposables Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2000 through 2010 (includes corresponding
        Graph/Chart)                                                    III-55

        Table 65: French Long Term Projections for Respiratory Care
        Equipment & Supplies by Product Segment - Pulmonary Function
        Testing, Spirometers, Sleep Apnea Diagnostic Devices,
        Ventilators, Humidifiers, Nebulizers, CPAP/Bi-Level Devices,
        Oxygen Equipment, Manual Resuscitators, and Masks, Circuits & 
        Disposables Markets Independently Analyzed with Annual
        Sales Figures in US$ Million for Years 2011 through 2015
        (includes corresponding Graph/Chart)                            III-56

        Table 66: French 10-Year Perspective for Respiratory Care
        Equipment & Supplies by Product Segment - Percentage
        Breakdown of Dollar Sales for Pulmonary Function Testing,
        Spirometers, Sleep Apnea Diagnostic Devices, Ventilators,
        Humidifiers, Nebulizers, CPAP/bi-level Devices, Oxygen
        Equipment, Manual Resuscitators, and Masks, Circuits &
        Disposables Markets for Years 2003, 2008 & 2012 (includes
        corresponding Graph/Chart)                                      III-57

  4b. Germany                                                           III-58
      A.Market Analysis                                                 III-58
        Current & Future Analysis                                       III-58
        Product Launches/Developments                                   III-58
        Strategic Corporate Development                                 III-59
        Key Players                                                     III-59
      B.Market Analytics                                                III-61
        Table 67: German Recent Past, Current & Future Market
        Analysis for Respiratory Care Equipment & Supplies by
        Product Segment - Pulmonary Function Testing, Spirometers,
        Sleep Apnea Diagnostic Devices, Ventilators, Humidifiers,
        Nebulizers, CPAP/Bi-Level Devices, Oxygen Equipment, Manual
        Resuscitators, and Masks, Circuits & Disposables Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2000 through 2010 (includes corresponding
        Graph/Chart)                                                    III-61

        Table 68: German Long Term Projections for Respiratory Care
        Equipment & Supplies by Product Segment - Pulmonary Function
        Testing, Spirometers, Sleep Apnea Diagnostic Devices,
        Ventilators, Humidifiers, Nebulizers, CPAP/Bi-Level Devices,
        Oxygen Equipment, Manual Resuscitators, and Masks, Circuits & 
        Disposables Markets Independently Analyzed with Annual
        Sales Figures in US$ Million for Years 2011 through 2015
        (includes corresponding Graph/Chart)                            III-62

        Table 69: German 10-Year Perspective for Respiratory Care
        Equipment & Supplies by Product Segment - Percentage
        Breakdown of Dollar Sales for Pulmonary Function Testing,
        Spirometers, Sleep Apnea Diagnostic Devices, Ventilators,
        Humidifiers, Nebulizers, CPAP/bi-level Devices, Oxygen
        Equipment, Manual Resuscitators, and Masks, Circuits &
        Disposables Markets for Years 2003, 2008 & 2012 (includes
        corresponding Graph/Chart)                                      III-63

  4c. Italy                                                             III-64
       Market Analysis                                                  III-64
        Current & Future Analysis                                       III-64
        Table 70: Italian Recent Past, Current & Future Market
        Analysis for Respiratory Care Equipment & Supplies by
        Product Segment - Pulmonary Function Testing, Spirometers,
        Sleep Apnea Diagnostic Devices, Ventilators, Humidifiers,
        Nebulizers, CPAP/Bi-Level Devices, Oxygen Equipment, Manual
        Resuscitators, and Masks, Circuits & Disposables Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2000 through 2010 (includes corresponding
        Graph/Chart)                                                    III-64

        Table 71: Italian Long Term Projections for Respiratory Care
        Equipment & Supplies by Product Segment - Pulmonary Function
        Testing, Spirometers, Sleep Apnea Diagnostic Devices,
        Ventilators, Humidifiers, Nebulizers, CPAP/Bi-Level Devices,
        Oxygen Equipment, Manual Resuscitators, and Masks, Circuits & 
        Disposables Markets Independently Analyzed with Annual
        Sales Figures in US$ Million for Years 2011 through 2015
        (includes corresponding Graph/Chart)                            III-65

        Table 72: Italian 10-Year Perspective for Respiratory Care
        Equipment & Supplies by Product Segment - Percentage
        Breakdown of Dollar Sales for Pulmonary Function Testing,
        Spirometers, Sleep Apnea Diagnostic Devices, Ventilators,
        Humidifiers, Nebulizers, CPAP/bi-level Devices, Oxygen
        Equipment, Manual Resuscitators, and Masks, Circuits &
        Disposables Markets for Years 2003, 2008 & 2012 (includes
        corresponding Graph/Chart)                                      III-66

  4d. The United Kingdom                                                III-67
      A.Market Analysis                                                 III-67
        Current & Future Analysis                                       III-67
        Product Launches/Developments                                   III-67
        Strategic Corporate Developments                                III-68
      B.Market Analytics                                                III-69
        Table 73: UK Recent Past, Current & Future Market Analysis
        for Respiratory Care Equipment & Supplies by Product Segment - 
        Pulmonary Function Testing, Spirometers, Sleep Apnea
        Diagnostic Devices, Ventilators, Humidifiers, Nebulizers,
        CPAP/Bi-Level Devices, Oxygen Equipment, Manual
        Resuscitators, and Masks, Circuits & Disposables Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2000 through 2010 (includes corresponding
        Graph/Chart)                                                    III-69

        Table 74: UK Long Term Projections for Respiratory Care
        Equipment & Supplies by Product Segment - Pulmonary Function
        Testing, Spirometers, Sleep Apnea Diagnostic Devices,
        Ventilators, Humidifiers, Nebulizers, CPAP/Bi-Level Devices,
        Oxygen Equipment, Manual Resuscitators, and Masks, Circuits & 
        Disposables Markets Independently Analyzed with Annual
        Sales Figures in US$ Million for Years 2011 through 2015
        (includes corresponding Graph/Chart)                            III-70

        Table 75: UK 10-Year Perspective for Respiratory Care
        Equipment & Supplies by Product Segment - Percentage
        Breakdown of Dollar Sales for Pulmonary Function Testing,
        Spirometers, Sleep Apnea Diagnostic Devices, Ventilators,
        Humidifiers, Nebulizers, CPAP/bi-level Devices, Oxygen
        Equipment, Manual Resuscitators, and Masks, Circuits &
        Disposables Markets for Years 2003, 2008 & 2012 (includes
        corresponding Graph/Chart)                                      III-71

  4e. Rest of Europe                                                    III-72
      A.Market Analysis                                                 III-72
        Current & Future Analysis                                       III-72
        Focus on Select Medical Equipment Markets in Rest of Europe     III-72
         Belgium                                                        III-72
         Denmark                                                        III-72
         Finland                                                        III-72
         Romania                                                        III-72
         Russia                                                         III-73
         Spain                                                          III-73
         Switzerland                                                    III-73
         The Netherlands                                                III-73
        Product Launches/Developments                                   III-74
        Strategic Corporate Developments                                III-75
        Key Players                                                     III-76
      B.Market Analytics                                                III-77
        Table 76: Rest of Europe Market for Respiratory Care
        Equipment & Supplies by Product Segment - Pulmonary Function
        Testing, Spirometers, Sleep Apnea Diagnostic Devices,
        Ventilators, Humidifiers, Nebulizers, CPAP/Bi-Level Devices,
        Oxygen Equipment, Manual Resuscitators, and Masks, Circuits & 
        Disposables Markets Independently Analyzed with Annual
        Sales Figures in US$ Million for Years 2000 through 2010
        (includes corresponding Graph/Chart)                            III-77

        Table 77: Rest of Europe Long Term Projections for
        Respiratory Care Equipment & Supplies by Product Segment -
        Pulmonary Function Testing, Spirometers, Sleep Apnea
        Diagnostic Devices, Ventilators, Humidifiers, Nebulizers,
        CPAP/Bi-Level Devices, Oxygen Equipment, Manual
        Resuscitators, and Masks, Circuits & Disposables Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2011 through 2015 (includes corresponding
        Graph/Chart)                                                    III-78

        Table 78: Rest of Europe 10-Year Perspective for Respiratory
        Care Equipment & Supplies by Product Segment - Percentage
        Breakdown of Dollar Sales for Pulmonary Function Testing,
        Spirometers, Sleep Apnea Diagnostic Devices, Ventilators,
        Humidifiers, Nebulizers, CPAP/Bi-Level Devices, Oxygen
        Equipment, Manual Resuscitators, and Masks, Circuits &
        Disposables Markets for Years 2003, 2008 & 2012 (includes
        corresponding Graph/Chart)                                      III-79

  5. Asia-Pacific                                                       III-80
      A.Market Analysis                                                 III-80
        Current & Future Analysis                                       III-80
        Market Overview                                                 III-80
         Australia                                                      III-80
          Table 79: Leading Players in the Australian Sleep Apnea
          Devices Market (2005 & 2006): Percentage Breakdown of
          Value Sales for ResMed, Respironics, Fisher & Paykel,
          Tyco, and Others (includes corresponding Graph/Chart)         III-81

          Table 80: Sleep Apnea Market in Australia (2006):
          Percentage Breakdown of Sales by Distribution Channel -
          Pharmacies, Distributors, Independent Healthcare Retail
          Outlets, and Sleep Labs (includes corresponding
          Graph/Chart)                                                  III-81
         China                                                          III-82
         India                                                          III-82
        A Review of Medical Equipment Markets in Other Asian Countries  III-82
         Indonesia                                                      III-82
         Korea                                                          III-82
         Thailand                                                       III-83
         The Philippines                                                III-83
          Market Assessment                                             III-83
         Vietnam                                                        III-84
        Product Launches/Developments                                   III-84
        Strategic Corporate Development                                 III-86
        Key Players                                                     III-86
      B.Market Analytics                                                III-87
        Table 81: Asia-Pacific Market for Respiratory Care Equipment & 
        Supplies by Product Segment - Pulmonary Function Testing,
        Spirometers, Sleep Apnea Diagnostic Devices, Ventilators,
        Humidifiers, Nebulizers, CPAP/Bi-Level Devices, Oxygen
        Equipment, Manual Resuscitators, and Masks, Circuits &
        Disposables Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2000 through 2010 (includes
        corresponding Graph/Chart)                                      III-87

        Table 82: Asia Pacific Long Term Projections for Respiratory
        Care Equipment & Supplies by Product Segment - Pulmonary
        Function Testing, Spirometers, Sleep Apnea Diagnostic
        Devices, Ventilators, Humidifiers, Nebulizers, CPAP/Bi-Level
        Devices, Oxygen Equipment, Manual Resuscitators, and Masks,
        Circuits & Disposables Markets Independently Analyzed with
        Annual Sales Figures in US$ Million for Years 2011 through
        2015 (includes corresponding Graph/Chart)                       III-88

        Table 83: Asia-Pacific 10-Year Perspective for Respiratory
        Care Equipment & Supplies by Product Segment - Percentage
        Breakdown of Dollar Sales for Pulmonary Function Testing,
        Spirometers, Sleep Apnea Diagnostic Devices, Ventilators,
        Humidifiers, Nebulizers, CPAP/Bi-Level Devices, Oxygen
        Equipment, Manual Resuscitators, and Masks, Circuits &
        Disposables Markets for Years 2003, 2008 & 2012 (includes
        corresponding Graph/Chart)                                      III-89

  6. The Middle East                                                    III-90
       Market Analysis                                                  III-90
        Current & Future Analysis                                       III-90
        Table 84: Middle East Market for Respiratory Care Equipment & 
        Supplies by Product Segment - Pulmonary Function Testing,
        Spirometers, Sleep Apnea Diagnostic Devices, Ventilators,
        Humidifiers, Nebulizers, CPAP/Bi-Level Devices, Oxygen
        Equipment, Manual Resuscitators, and Masks, Circuits &
        Disposables Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2000 through  2010
        (includes corresponding Graph/Chart)                            III-90

        Table 85: Middle East Long Term Projections for Respiratory
        Care Equipment & Supplies by Product Segment - Pulmonary
        Function Testing, Spirometers, Sleep Apnea Diagnostic
        Devices, Ventilators, Humidifiers, Nebulizers, CPAP/Bi-Level
        Devices, Oxygen Equipment, Manual Resuscitators, and Masks,
        Circuits & Disposables Markets Independently Analyzed with
        Annual Sales Figures in US$ Million for Years 2011 through
        2015 (includes corresponding Graph/Chart)                       III-91

        Table 86: Middle East 10-Year Perspective for Respiratory
        Care Equipment & Supplies by Product Segment - Percentage
        Breakdown of Dollar Sales for Pulmonary Function Testing,
        Spirometers, Sleep Apnea Diagnostic Devices, Ventilators,
        Humidifiers, Nebulizers, CPAP/Bi-Level Devices, Oxygen
        Equipment, Manual Resuscitators, and Masks, Circuits &
        Disposables Markets for Years 2003, 2008 & 2012 (includes
        corresponding Graph/Chart)                                      III-92

  7. Latin America                                                      III-93
       Market Analysis                                                  III-93
        Current & Future Analysis                                       III-93
        Market Overview                                                 III-93
        Medical Equipment Market in Mexico                              III-93
        Table 87: Latin America Market for Respiratory Care
        Equipment & Supplies by Product Segment - Pulmonary Function
        Testing, Spirometers, Sleep Apnea Diagnostic Devices,
        Ventilators, Humidifiers, Nebulizers, CPAP/Bi-Level Devices,
        Oxygen Equipment, Manual Resuscitators, and Masks, Circuits & 
        Disposables Markets Independently Analyzed with Annual
        Sales  Figures in US$ Million for Years 2000 through 2010
        (includes corresponding Graph/Chart)                            III-94

        Table 88: Latin America Long Term Projections for
        Respiratory Care Equipment & Supplies by Product Segment -
        Pulmonary Function Testing, Spirometers, Sleep Apnea
        Diagnostic Devices, Ventilators, Humidifiers, Nebulizers,
        CPAP/Bi-Level Devices, Oxygen Equipment, Manual
        Resuscitators, and Masks, Circuits & Disposables Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2011 through 2015 (includes corresponding
        Graph/Chart)                                                    III-95

        Table 89: Latin America 10-Year Perspective for Respiratory
        Care Equipment & Supplies by Product Segment - Percentage
        Breakdown of Dollar Sales for Pulmonary Function Testing,
        Spirometers, Sleep Apnea Diagnostic Devices, Ventilators,
        Humidifiers, Nebulizers, CPAP/Bi-Level Devices, Oxygen
        Equipment, Manual Resuscitators, and Masks, Circuits &
        Disposables  Markets for Years 2003, 2008 & 2012 (includes
        corresponding Graph/Chart)                                      III-96


 IV. COMPETITIVE LANDSCAPE