Global Respiratory Disposables Market – Industry Trends and Forecast to 2029

Respiratory Disposables Market Analysis and Size

Respiratory disposables are instruments that help detect hemostatic defects that cause excessive bleeding. The body uses hemostasis as a defense mechanism when it sustains damage. It also helps in the diagnosis of the actual cause of these disorders with history and helps in the treatment.

Data Bridge Market Research analyses that the respiratory disposables market which was USD 1.53 billion in 2021, would rocket up to USD 3.33 billion by 2029, and is expected to undergo a CAGR of 10.20% during the forecast period 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Respiratory Disposables Market Scope and Segmentation      

Market Definition

Hemostasis is a protective process that the body uses when it is injured. It reduces the blood loss and stops blood flow. The body uses hemostasis as a defence mechanism when it sustains injury. Hemostasis helps with both the treatment of numerous illnesses and the identification of their true causes. From assessing the optical density in a cuvette to spotting clotting factors, respiratory disposables have come a long way.

Global Respiratory Disposables Market Dynamics

Drivers

• Increasing prevalence of sleep apnea

The rising prevalence of sleep apnea will increase demand for respiratory devices. Sleep apnea is defined as an involuntary cessation of breathing while the patient is sleeping. According to ResMed, 1 billion people worldwide have sleep apnea. As the number of patients diagnosed with sleep apnea rises, so the demand for respiratory devices used to treat sleep apnea. The rising prevalence of obstructive sleep apnea is expected to fuel the market growth for anaesthesia and respiratory and sleep therapy devices.

• Rise in prevalence of respiratory infections

The demand for respiratory monitoring equipment is anticipated to increase at a promising rate in the upcoming years. The alarming increase in the prevalence of respiratory infections, asthma, and chronic obstructive pulmonary disease (COPD) around the world is fuelling the market for respiratory disposables.

Opportunities

• Rising respiratory disorders

The market for respiratory disposables is being driven by the rising frequency of respiratory disorders worldwide. Asthma, lung cancer, Chronic Obstructive Pulmonary Disease (COPD), and Obstructive Sleep Apnea are some of the respiratory disorders that are becoming more prevalent as a result of excessive smoking, exposure to harmful substances, unfavourable environmental circumstances, and air pollution (OSA). These are the certain factors which propel the market growth.

Restraints/Challenges

• Stringent rules and regulations 

The implementation of stringent rules and regulations governing the use of respiratory disposables is expected to hamper the global respiratory disposables market's growth. High failure rates of respiratory disposables are also expected to hamper the global respiratory disposables market's growth.

This respiratory disposables market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the respiratory disposables market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on the Respiratory Disposables Market

COVID-19 is primarily a respiratory ailment has fuelled market growth. Oxygen therapy is a major intervention for patients with severe COVID-19 infection, there is an increased demand for respiratory devices such as ventilators, nebulizers, pulse oximeters, and spirometers, which is contributing to market growth.

Recent developments

• In 2021, Medline, a Dutch medical device company, acquired Teleflex's Hudson RCI brand of respiratory consumables. The acquisition enhances Medline's offerings by expanding the respiratory environment with the highly regarded Hudson RCI products and providing additional opportunities for development and customer assistance. Teleflex is a US-based global provider of medical technologies that aim to improve people's health and quality of life.

Global Respiratory Disposables Market Scope

The respiratory disposables market is segmented on the basis of type, application, patient group and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Laryngoscope
• Endotracheal Tube
• Tracheostomy Tube
• Breathing Bag
• Resuscitator
• Catheter Systems
• Airways
• Condenser Humidifier
• Masks
• Nasal Cannula
• Stericiser
• Filters
• Others

Application

• Chronic Obstructive Pulmonary Disease (COPD)
• Asthma
• Sleep Apnea
• Surgical Procedures
• Emergency Use

Patient Group

• Neonatal
• Pediatric
• Adult

End User

• Hospitals
• Clinics
• Trauma Centers

Respiratory Disposables Market Regional Analysis/Insights

The respiratory disposables market is analysed and market size insights and trends are provided by country, type, application, patient group and end user as referenced above.

The countries covered in the respiratory disposables market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the respiratory disposables market due to the adoption of advanced technology along with favourable reimbursement policies.

Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 due to the rising awareness among the patients along with growing healthcare expenditure.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Respiratory Disposables Market Share Analysis

The respiratory disposables market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to respiratory disposables market.

Some of the major players operating in the respiratory disposables market are:

• B. Braun SE (U.S.)
• BD (U.S.)
• Medtronic (Ireland)
• Drägerwerk AG & Co. KGaA (Germany)
• General Electric (U.S.)
• Koninklijke Philips N.V. (Netherlands)
• ResMed (U.S.)
• Smiths Group plc. (U.K.)
• Teleflex Incorporated (U.S.)
• SunMed (U.S.)
• Masimo (U.S.)
• Hamilton Medical (Switzerland)
• 3M (U.S.)
• Ambu S/A (U.S.)
• Allied Healthcare Products, Inc. (U.S.)
• Rotech Healthcare Inc. (U.S.)

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