Breathing Circuits Market to Grow with a CAGR of 3.25% through 2028
Increased awareness of respiratory care are expected
to drive the Global Breathing Circuits Market growth in the forecast period,
2024-2028.
According to TechSci Research report, “Breathing
Circuits Market – Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2028”, the Global Breathing Circuits Market
stood at USD 1.19 billion in 2022 and is anticipated to grow with a CAGR of 3.25%in the forecast period, 2024-2028. The Global Breathing Circuits Market is
experiencing significant growth, driven by a combination of factors that
underscore the crucial role these medical devices play in respiratory care and
anesthesia administration. Breathing circuits are a vital component of
healthcare equipment, facilitating the delivery of oxygen and anesthetic gases
to patients during surgical procedures and in critical care settings. One of the primary drivers of the Global Breathing
Circuits Market is the rising prevalence of respiratory diseases worldwide.
Conditions such as chronic obstructive pulmonary disease (COPD), asthma, and
pneumonia are on the rise due to factors like air pollution, smoking, and aging
populations. Patients suffering from these conditions often require respiratory
support, making breathing circuits an essential component in managing their
care. The global healthcare industry has witnessed a surge in the number of
surgical procedures performed annually. This increase is attributed to various
factors, including advances in surgical techniques, an aging population in need
of elective surgeries, and a growing focus on minimally invasive procedures.
Breathing circuits are integral to anesthesia administration during surgery,
ensuring patients receive the necessary gases and oxygen safely.
Advancements in medical technology have led to the
development of more efficient and sophisticated breathing circuits. These
innovations not only improve patient safety but also enhance the ease of use
for healthcare professionals. For instance, the integration of heat and
moisture exchangers (HMEs) within breathing circuits helps maintain the
humidity and temperature of inhaled gases, reducing the risk of airway
irritation and infection. The COVID-19 pandemic has raised awareness about the
importance of respiratory care and the role of breathing circuits in patient
treatment. Hospitals and healthcare facilities have made substantial
investments in respiratory equipment, including breathing circuits, to address
the respiratory challenges posed by the virus. This heightened focus on
respiratory care has a lasting impact on the market, as healthcare systems
prioritize preparedness for future respiratory crises.
Browse over XX market data Figures spread
through XX Pages and an in-depth TOC on "Global Breathing
Circuits Market.”
Global Healthcare Infrastructure Development: Emerging
economies in Asia-Pacific, Latin America, and Africa are witnessing rapid
expansion in healthcare infrastructure. Governments and private investors are
investing heavily in the construction of new hospitals and clinics, as well as
the upgrading of existing facilities. As these healthcare systems expand, the
demand for essential medical equipment, including breathing circuits, grows in
tandem.
The Global Breathing Circuits Market is segmented into
Type, Route of Administration, Distribution Channel, Regional Distribution, And
Company.
Based on the Product Type, Semi-Closed Breathing
Systems emerged as the dominant segment in the global market for Global
Breathing Circuits Market in 2022. Semi-Closed Breathing Systems effectively
conserve anesthetic gases, reducing the consumption of expensive agents. This
efficiency is particularly appealing to healthcare facilities seeking to manage
costs while ensuring optimal patient care.
emi-Closed
Breathing Systems strike a balance between patient care and environmental
sustainability. They reduce the release of anesthetic agents into the
environment, mitigating potential harm and aligning with eco-friendly
healthcare practices. These systems offer flexibility in adapting to the needs
of various surgical procedures and patient profiles. Healthcare providers can
adjust the flow rates and gas composition as needed, providing customized care.
Based on the Application, the Anesthesia segment emerged
as the dominant player in the global market for Global Breathing Circuits
Market in 2022. Anesthesia is a common and essential component of various
medical procedures and surgeries. It is widely used in surgeries ranging from
minor outpatient procedures to complex surgeries, such as cardiac surgeries,
orthopedic procedures, and neurosurgeries. The regularity of anesthesia
administration across diverse medical disciplines ensures a continuous and
significant demand for breathing circuits in these settings. Anesthesia is critical for patient safety during
surgery, as it renders patients’ unconscious, pain-free, and immobile. Accurate
and controlled delivery of anesthesia is vital to prevent awareness and
complications during surgery. Breathing circuits play a key role in this
process, ensuring that patients receive the appropriate mixture of gases safely
and effectively.
Based on the End
Users, the Hospitals & Clinics segment emerged as the dominant player in
the global market for Global Breathing Circuits Market in 2022. Hospitals
handle a significantly higher volume of surgical procedures compared to
clinics. Surgical interventions often require anesthesia, making hospitals the
primary users of breathing circuits due to their extensive surgical departments.
Hospitals house critical care units, such as intensive
care units (ICUs) and emergency departments, where patients may require
mechanical ventilation and respiratory support. Breathing circuits are
essential in these settings for patients with severe respiratory conditions,
trauma cases, and other critical illnesses.
North America emerged as the dominant player in the
global Breathing Circuits Market in
2022, holding the largest market share. North America boasts a highly developed
and advanced healthcare infrastructure, with a vast network of hospitals,
surgical centers, and medical facilities. This robust healthcare system is
well-equipped with the latest medical technologies and equipment, including
state-of-the-art breathing circuits. The region witnesses a high volume of
surgical procedures, including both elective and critical surgeries. These
surgeries require the use of breathing circuits for anesthesia administration,
ensuring a consistent and substantial demand for these devices.
Major companies operating in Global Breathing
Circuits Market are:
- Medtronic plc
- Ambu A/S
- Flexicare
Medical Ltd
- Fisher & Paykel Healthcare Ltd
- Dragerwerk AG & Co.
- Hamilton Medical
- Armstrong Medical Industries Inc
- Meditera
- GE Healthcare
- Bio Med Devices
Download
Free Sample Report
Customers can also request for 10%
free customization on this report.
“The Global
Breathing Circuits Market is poised for remarkable growth in the coming years,
driven by several key factors. First and foremost, the increasing prevalence of
respiratory diseases, such as COPD and asthma, is creating a heightened demand
for respiratory support and advanced breathing circuits. Additionally, the
growing number of surgical procedures, including minimally invasive surgeries,
fuels the need for precise anesthesia delivery, further boosting the market.
Technological advancements, such as integrated sensors, real-time monitoring
capabilities, and heat and moisture exchangers, are enhancing the safety and
efficiency of breathing circuits, attracting both healthcare providers and
patients. Moreover, the global aging population, with its higher susceptibility
to respiratory issues, is expected to contribute significantly to market
growth.” said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based management consulting firm.
“Breathing Circuits Market - Global Industry Size,
Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product Type
(Open Breathing Circuits, Semi Open Breathing Circuits , Semi-closed breathing
systems, Closed Breathing Circuits ), By Application (Anesthesia, Respiratory
Dysfunction, Others), By End Users (Hospitals & Clinics, Ambulatory Care
Centers, Others) By Region and Competition”, has evaluated the future growth
potential of Global Breathing Circuits Market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Global Breathing Circuits Market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York 10017
Tel: +1-646-360-1656
Email: [email protected]
Website: www.techsciresearch.com