Respiratory Disposables Market
Medical devices known as respiratory disposables are used to treat respiratory conditions including asthma, sleep apnea, and chronic obstructive pulmonary disease (COPD) etc. Products used in combination with respiratory equipment, such as disposable masks, oxygen treatment devices, resuscitators, nebulizers, ventilators, and tubes, are referred to as respiratory disposables. For usage in patient care during respiratory pandemics, a variety of disposable respirator kinds, models, and brands are available.
By the end of 2022, the worldwide market for respiratory disposables is anticipated to be worth US$ 1,652.80 Mn.
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The fast expansion in the world’s elderly population is anticipated to have an impact on the prevalence of respiratory disorders (including asthma and COPD), which will boost the growth of the global respiratory disposables market over the forecast period. Major non-communicable chronic lung disorders include COPD and asthma, most types of lung cancer, and idiopathic pulmonary fibrosis are all at increased risk due to ageing. It has been shown that lung conditions like COPD and idiopathic pulmonary fibrosis are much more common as people age. According to the World Health Organization (WHO), by 2030, one in six persons worldwide will be 60 or older, and by 2050, that number will have doubled (2.1).
Players in the worldwide respiratory disposables market can benefit from considerable growth prospects as a result of the development of COVID-19. The COVID-19 epidemic has increased the need for ventilators, which has led to governmental and commercial backing for accelerating manufacture. For instance, in order to fulfil the increased demand brought on by the coronavirus epidemic, Medtronic Plc gained FDA clearance in April 2020 to immediately begin marketing their ventilator, which was introduced in May 2020.
Some significant factors that are anticipated to impede the growth of the global respiratory disposables market include strict laws and regulations surrounding the usage of respiratory disposables and greater rates of failure for respiratory disposables.
A worldwide call for adequate steps to stop the spread of the virus has been made in response to the COVID-19 epidemic. The demand for respiratory care is directly influenced by respiratory disorders. The most recent and major of these illnesses is COVID-19, which has raised demand for respiratory disposables globally. This is an indication of the focus on respiratory treatment against a backdrop of an ongoing outbreak; as a result, the market is anticipated to exhibit a robust growth rate. This is thus anticipated to help the market develop.
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The market for respiratory disposables was valued at US$ 1,471.80 Mn in 2021 and is estimated to expand at a CAGR of 9.2% from 2022 to 2028 attending US$ 2,910.10 Mn.
Resuscitator products held the lion’s share of the worldwide respiratory disposables market in 2022, accounting for 47.5% of the market’s value. Increasing product approval and the introduction of new products are anticipated to fuel the segment’s expansion throughout the forecast period.
The rising incidence of respiratory conditions like asthma and COPD is anticipated to fuel the expansion of the global market for respiratory disposables. For instance, the WHO reports that COPD, which resulted in 3.23 million deaths in 2019, is the third largest cause of mortality globally. Additionally, 455 000 individuals died from asthma in 2019, which is estimated to have impacted 262 million people.
The global market for respiratory disposables is anticipated to develop as a result of the increase
in demand for these products. For instance, Dynarex Corp. introduced its Dynarex Resp-O2 range of high-end respiratory medicines in May 2021. According to Dynarex CEO Zalman Tenenbaum, in these difficult circumstances, we realise the rising need for high-quality disposable supplies in the respiratory industry.
Fisher & Paykel Healthcare Corporation Limited, Smiths Group (Smith Medical Inc.), Medtronic Plc., Hamilton Medical AG, Masimo Corporation, Getinge AB, Chart Industries Inc., Drägerwerk AG & CO. KGAA, Air Liquide S.A., and Invacare Corporation are a few of the major companies competing in the global respiratory disposables market.
The SAVe II+ ventilators, inspired breathing circuits, and inspired respiratory filters are being sent to the Democratic Republic of Congo (DRC) by The World Bank in June 2021.
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Respiratory Disposables Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Respiratory Disposables Industry Impact
Chapter 2 Global Respiratory Disposables Competition by Types, Applications, and Top Regions and Countries
2.1 Global Respiratory Disposables (Volume and Value) by Type
2.3 Global Respiratory Disposables (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Respiratory Disposables Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Respiratory Disposables Market Analysis
Chapter 6 East Asia Respiratory Disposables Market Analysis
Chapter 7 Europe Respiratory Disposables Market Analysis
Chapter 8 South Asia Respiratory Disposables Market Analysis
Chapter 9 Southeast Asia Respiratory Disposables Market Analysis
Chapter 10 Middle East Respiratory Disposables Market Analysis
Chapter 11 Africa Respiratory Disposables Market Analysis
Chapter 12 Oceania Respiratory Disposables Market Analysis
Chapter 13 South America Respiratory Disposables Market Analysis
Chapter 14 Company Profiles and Key Figures in Respiratory Disposables Business
Chapter 15 Global Respiratory Disposables Market Forecast (2022-2028)
Chapter 16 Conclusions
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