Respiratory disposables Market Analysis

Global Respiratory Disposables Market Overview

Respiratory disposables Market Size was valued at USD 1.5 Billion in 2022. The Respiratory disposables market industry is projected to grow from USD 1.6 Billion in 2023 to USD 3.5 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 9.90% during the forecast period (2023 - 2032). Respiratory disorders are becoming more prevalent, rising knowledge of infection prevention and respiratory hygiene, the need for respiratory disposables for remote patient monitoring are the key market drivers enhancing the market growth.

Respiratory disposables Market Trends

• Respiratory disorders are becoming more prevalent is driving the market growth

The increased frequency of respiratory illnesses is unquestionably one of the most significant reasons driving the growth of the respiratory disposables market. The various factors influencing this phenomena include an aging population, environmental toxins, changing lifestyles, and genetic predispositions. As respiratory disorders become more common, there is a large increase in the requirement for disposable breathing devices, leading to a new paradigm in healthcare.

One of the main elements impacting the correlation between the rise in respiratory diseases and the respiratory disposables business is the development of chronic disorders including chronic obstructive pulmonary disease (COPD) and asthma. The regular use of respiratory disposables and ongoing care of these illnesses are required. Inhalers, nebulizer kits, and disposable oxygen masks must always be available to patients with these diseases. The demand for these disposables increases in tandem with the number of instances that are detected, illustrating the symbiotic relationship between disease prevalence and market expansion.

The incidence of respiratory diseases is on the rise, and environmental factors and modern lifestyle choices are the main causes. Because of urbanization, industry, and the resulting air pollution, respiratory ailments are now more prevalent than they used to be. People who are exposed to allergens, toxins, and stale air are more likely to develop respiratory diseases. Due to this, there has been a dramatic rise in the market's demand for respiratory disposables such face masks and respirators. The COVID-19 outbreak made this pattern worse as more and more individuals realized how important mask wearing is for respiratory protection. As a result, a record number of disposable respirators and masks were made and used.

The relationship between respiratory conditions and the disposables business is further supported by aging populations. As the population ages, there will definitely be an increase in age-related respiratory issues. Pneumonia, respiratory infections, and other lung-related disorders are more common in the elderly. As a result, there is now a higher need for disposable medical equipment such tracheostomy tubes, respiratory circuits, and oxygen cannulas. These tools are essential in both hospital settings and home care situations when elderly people require constant monitoring and care. Thus, driving the Respiratory disposables market revenue.

Respiratory disposables Market Segment Insights

Respiratory disposables Product Insights

The Respiratory disposables Market segmentation, based on product, includes laryngoscope, tubes, breathing bag, masks, resuscitator and others. The resuscitator segment dominated the market in 2022. One of the main drivers is the rising incidence of cardiac arrest, respiratory distress, and other medical problems. The need for resuscitators and related disposables like masks and valves rises as these situations grow more frequent as a result of factors like aging populations and lifestyle-related health problems.

Respiratory disposables Patient Group Insights

The Respiratory disposables Market segmentation, based on patient group, includes neonatal & pediatric, adult and geriatric. The geriatric segment dominated the market in 2022. Respiratory illnesses and ailments include pneumonia, chronic obstructive pulmonary disease (COPD), and sleep apnea are more common as people age. Due to normal aging processes and cumulative exposure to environmental variables, the elderly population is more prone to these illnesses. As a result, they need a variety of respiratory disposables, such as CPAP/BiPAP machines, inhalers, nebulizers, and oxygen therapy equipment.

Figure 1: Respiratory disposables Market, by Patient Group, 2022 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Respiratory disposables End User Insights

The Respiratory disposables Market segmentation, based on end user, includes hospitals, nursing homes & clinics, trauma centers and homecare. The hospitals category generated the most income in 2022. Hospitals witness a continuous influx of patients with respiratory illnesses. These facilities are responsible for providing comprehensive care, including respiratory support and management. As respiratory diseases become more prevalent, there is a heightened need for respiratory disposables to ensure the safety and well-being of patients.

Respiratory disposables Regional Insights

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Respiratory disposables Market dominated this market in 2022 (45.80%). The United States is heavily burdened by respiratory illnesses like COPD in North America. Over 16 million Americans have COPD, according to the American Lung Association. Due to the high frequency of the ailment, there is a great need for respiratory disposables such portable oxygen concentrators that allow patients to lead active lives despite their illness. Further, the U.S. Respiratory disposables market held the largest market share, and the Canada Respiratory disposables market was the fastest growing market in the North America region.

Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: RESPIRATORY DISPOSABLES MARKET SHARE BY REGION 2022 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe Respiratory disposables market accounts for the second-largest market share. Countries with universal healthcare systems, such as the UK's National Health Service (NHS), ensure that patients have access to respiratory disposables when needed. For example, NHS hospitals use disposable ventilator circuits to prevent cross-contamination between patients. Further, the German Respiratory disposables market held the largest market share, and the UK Respiratory disposables market was the fastest growing market in the European region.

The Asia-Pacific Respiratory disposables Market is expected to grow at the fastest CAGR from 2023 to 2032. The infrastructure for healthcare in India's urban and rural locations differs significantly. With companies like Cipla meeting these various demands, the demand for respiratory disposables like inhalers and nebulizer kits rises as healthcare access increases. Moreover, China’s Respiratory disposables market held the largest market share, and the Indian Respiratory disposables market was the fastest growing market in the Asia-Pacific region.

Respiratory Disposables Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Respiratory disposables market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Respiratory disposables industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Respiratory disposables industry to benefit clients and increase the market sector. In recent years, the Respiratory disposables industry has offered some of the most significant advantages to medicine. Major players in the Respiratory disposables market, including Medtronic Plc., Masimo Corporation, Fisher & Paykel Healthcare Corporation Limited, Chart Industries Inc., Air Liquide S.A., Invacare Corporation, Drägerwerk AG & Co. KGaA, Getinge AB, Hamilton Medical AG, and Smiths Group Plc. (Smith Medical Inc.) and others, are attempting to increase market demand by investing in research and development operations.

A company that specializes in medical technology with the name of Medtronic Plc (Medtronic), formerly known as Medtronic Inc., develops, manufactures, and sells medical devices. It offers treatments for ailments such heart valve problems, heart failure, aortic, peripheral vascular, venous renal, and neurological problems, as well as for illnesses affecting the spine and musculoskeletal system and the ears, nose, and throat. It also provides biologic solutions for the orthopedic and dental markets. It sells its goods to hospitals, clinics, institutions, government healthcare programs, distributors, and group buying organizations in the Asia Pacific, Europe, the Americas, the Middle East, and Africa. Dublin, Ireland is home to Medtronic's corporate headquarters.

Invacare Corporation (Invacare) is a company that creates, produces, and sells medical devices for non-acute care sectors such home healthcare and long-term care. Among the company's mobility and seating goods are power wheelchairs, specialized manual wheelchairs, seating, and positioning items. Beds, pressure-relieving mattresses, and manual wheelchairs are examples of lifestyle products. Portable oxygen concentrators, stationary oxygen concentrators, and oxygen replenishing devices are only a few examples of the product lines available for respiratory therapy. Through a network of independent distributors, manufacturer's reps, and sales agents, the company distributes its products worldwide. It has operations in the US, New Zealand, Australia, Europe, and Asia. The company is headquartered in the American city of Elyria, Ohio.

Key companies in the respiratory disposables market include

• Medtronic Plc.


• Masimo Corporation


• Fisher & Paykel Healthcare Corporation Limited


• Chart Industries Inc.


• Air Liquide S.A.


• Invacare Corporation


• Dragerwerk AG & Co. KGaA


• Getinge AB


• Hamilton Medical AG


• Smiths Group Plc. (Smith Medical Inc.)

Respiratory Disposables Industry Developments

June 2021: The Hudson RCI brand of respiratory supplies was acquired by Medline, a Dutch manufacturer of medical devices. With the inclusion of the highly rated Hudson RCI products and more prospects for growth and customer support, the acquisition improves Medline's product options. A global supplier of medical technologies with a focus on enhancing people's health and quality of life, Teleflex is based in the US.

Respiratory Disposables Market Segmentation

Respiratory Disposables Product Outlook

• Laryngoscope


• Tubes


• Breathing Bag


• Masks


• Resuscitator


• Others

Respiratory Disposables Patient Group Outlook

• Neonatal & Pediatric


• Adult


• Geriatric

Respiratory Disposables End User Outlook

• Hospitals


• Nursing Homes & Clinics


• Trauma Centers


• Homecare

Respiratory Disposables Regional Outlook

• North America
  
  
  
  • U.S.
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America