According to the current analysis of Reports and Data, the global Respiratory Disposables market was valued at USD 1,842.6 Million in 2020 and is expected to reach USD 2,608.1 Million by the year 2028, at a CAGR of 4.4%. Respiratory disposables are medical devices designed for the treatment of respiratory disorders such as chronic obstructive pulmonary disease (COPD), asthma and sleep apnea, etc. Disposable devices are single-use devices intended to prevent cross-patient contamination. They are commonly used in most of the surgical procedures as well. As most of the diseases related to lungs are communicable, it needs to be cast-off to prevent further spreading of the infection.
The demand for such devices is forecasted to increase in the near future, as the portability, compactness, is the need of an hour. A balance between the use of disposables and re-usable requires an assessment of patient safety and the effectiveness of the product, the available facilities, and cost. Moreover, disposables save time to patients and healthcare professionals and thus reduce the economic burden on hospitals along with the prevention of infection. Home Healthcare is expected to increase due to a hike in the spending capacity of the individuals for a better quality of life. The major drivers for the market include the rising rate of the smoke due to the increase in industrialization in developing nations, hike in the prevalence of chronic obstructive pulmonary disorders. Mounting demand for better-quality, portable, and compact respiratory care devices, rising demand for disposables are expected to fuel the market growth. The escalation in the geriatric population having the complications in respiration, rise in tobacco users, have significantly increased the occurrence of the respiratory disorders, which is directly owing to the demand of the disposables. According to Center for Disease Control and Prevention, there were 1.5 million more current youth e-cigarette users in 2020 than 2017. However, factors such as waste management, complications of airway management, difficult intubation, high failure rate of emergency cannula cricothyroidotomy, deaths due to aspiration and high prices are the factors which can impede market growth.
In-depth Study of the Competitive Landscape:
The global Respiratory Disposables market consists of various market players, which make this business sphere highly competitive. In this section of the report, the authors have provided authentic information on product portfolios, new product innovations, technological capabilities, and product pricing strategies of each of these players. Moreover, it discusses the key strategies implemented by these players, such as mergers acquisitions, joint ventures, collaborations, partnerships, and agreements, to build on their market presence.
Top companies profiled in the report include:
Medtronic plc (Ireland), Masimo Corporation (US), Fisher Paykel Healthcare Corporation Limited (New Zealand), Chart Industries (US), Invacare Corporation (US), Drager AG (Germany), Getinge AB (Sweden), Air Liquide (France), Hamilton Medical AG (Switzerland), and Smiths Medical.
Key Market Regions Covered in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- The Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Product Outlook (Revenue in Million USD; 2020–2028)
- Masks
- Nasal Masks
- Full- face Masks
- Oral Masks
- Disposable Resuscitators
- Breathing Circuits
- Tubes
- Filters
- Inhalers
Indication (Revenue in Million USD; 2020–2028)
- Infectious Disease
- Chronic Obstructive Pulmonary Disease (COPD)
- Asthma
- Lung Cancer
- Tuberculosis
- Others
End-Use (Revenue in Million USD; 2020–2028)
- Hospitals
- Home Care Locations
- Ambulatory Care Centers
Frequently asked questions addressed in the report:
- What is the revenue growth rate of the global Respiratory Disposables market over the forecast period?
- What are the major factors driving the growth of the Global Respiratory Disposables Market?
- What are the key challenges impacting the global Respiratory Disposables market growth?
- What are the outcomes of the SWOT Analysis and Porter’s Five Forces Analysis conducted in the report?
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