The global Respiratory Disposables market was valued at USD 1.67 billion in 2018 and is expected to reach USD 2.41 billion by the year 2026, at a CAGR of 4.6%. 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.
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The report focuses on the comprehensive analysis of the competitive landscape along with detailed company profiles, market share, product portfolio, financial standings, market reach, global position, and strategic business expansion plans.
Some of the players profiled in the report are
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.
The report sheds light on mergers and acquisitions, joint ventures, collaborations, partnerships, and product launches among others. It also discusses in detail the technological advancements, product developments, and research and development activities of each key company.
Further the report segments the Respiratory Disposables market on the basis of product types, applications, end-uses, and regions. The report discusses in detail the key factors influencing revenue growth of the segments and market growth in key regions. It also discusses economic growth, technological advancement, and presence of key players in each major geographical region.
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For the purpose of this report, Reports and Data has segmented the Respiratory Disposables on the basis of product, indication, end-use and region:
Product Outlook (Revenue in Million USD; 2016–2026)
- Masks
- Nasal Masks
- Full- face Masks
- Oral Masks
- Disposable Resuscitators
- Breathing Circuits
- Tubes
- Filters
- Inhalers
Indication (Revenue in Million USD; 2016–2026)
- Infectious Disease
- Chronic Obstructive Pulmonary Disease (COPD)
- Asthma
- Lung Cancer
- Tuberculosis
- Others
End-Use (Revenue in Million USD; 2016–2026)
- Hospitals
- Home Care Locations
- Ambulatory Care Centers
Market Segmentation by Regions:
- North America (U.S.A., Canada)
- Europe (U.K., Italy, Germany, France, Rest of Europe)
- Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Further key findings from the report suggest
- According to World Health Organization, 334 million people suffer from asthma, the most common chronic disease of childhood affecting 14% of all children globally, which is a key driver of the respiratory disposables demand in this market.
- In November 2018, FDA approved new formulation of Primatene Mist. Stringent regulations result in rise in development costs and potential sales loss due to delays in product launch, thus restraining the Respiratory disposables market.
- Regulatory Guidelines being strict due to the increase in the production of low-quality or the products which fails to be of better quality standards is brought in front of the regulatory authorities, to ensure the safety of the patients. FDA rejected another application for Primatene Mist IN 2018. The increase in the product failures and product recalls is expected to hinder the growth of the market.
- Costly devices and amplified sophistication in the application of the devices are the major challenges faced by the respiratory devices market. Each affordability pattern of each patient differ from patient to patient, which would allow lesser penetration of the products in the market.
- The masks are not reusable, as the breath contains potential microorganisms having a capacity to spread the infection. These masks are made of certain polymer which isn’t easily decomposed, hence would clog the drains, if proper waste management is not carried out. This is expected to be the challenge for the Disposable Respiratory Accessories to grow.
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