North America to Dominate Patient Circuit Market During Forecast Period

Increasing prevalence of respiratory disorders across the globe to drive the growth of global patient circuit market

According to TechSci Research report, “Global Patient Circuit Market By Type (Open, Closed, Semi-Closed), By Use (Single Use v/s Reusable), By Type of Ventilation (Manual v/s Mechanical), By Application (Anesthesia, Respiratory Dysfunction, Others), By End User (Hospitals, Ambulatory Centers, Clinics, Home Settings, Others), By Region, Forecast & Opportunities, 2025”, the global patient circuit market is expected to grow at a formidable rate during the forecast period on account of the growing prevalence of diseases such as sleep apnea, asthma, bronchiectasis, bronchial cancer, COVID-19, among others. Additionally, growing prevalence of chronic inflammation especially among young generation caused due to smoking is further expected to propel the market. Furthermore, advantages such as reliability, convenience, ease of use, affordable cost, enhanced patient safety, among others associated with patient circuits, thereby positively impact the growth of market across the globe. Moreover, traditionally patient circuits were designed and used in operating rooms only but with increasing technological advancements and awareness they have found a place in post-operative care units, cardiac care units, among others. This is expected to create lucrative opportunities for the growth of market through 2025. Besides, the use of patient circuits reduces the risks of contamination, hence are used for delivering medicines to the patients, thereby spurring the demand across the globe. However, unidirectional valves of these circuits and increasing carbon dioxide absorption can sometimes cause breathing problems, thereby hindering the growth of market. Also, associated operational complexities might pose a challenge for the market growth. Additionally, presence of substitutes might further hamper the market growth, globally. Furthermore, growing preference for yoga and pranayama among the population to treat respiratory problems is further anticipated to impede the market growth through 2025.

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The global patient circuit market is segmented based on type, use, type of ventilation, application, end user, company and region. Based on type, the market can be categorized into open, closed and semi-closed. The open type patient circuit segment is expected to dominate the market during forecast period. This can be attributed to the fact that within an open type patient circuit, the respiratory gases move through a housing incorporating unidirectional valves to recirculate gases. This in turn minimizes wastage and maximizes warmth and humidity. Additionally, most of anesthetic machines are designed to operate under this type only. On the contrary, the semi closed type is expected to grow rapidly over the next few years owing to its lightweight and as gases can scavenge through it easily. Based on use, the market can be bifurcated into single use and reusable. The single use segment dominates the market since these patient circuits are user friendly and have components such as flow sensors, tube, connector, among others preassembled in them. Additionally, they reduce the risk of ventilator associated pneumonia and cross infections. Also, they are easily available and affordable. Based on application, the market can be grouped into anesthesia, respiratory dysfunction and others. The respiratory dysfunction segment is expected to register highest growth due to increasing breathing problems and prevalence of diseases such as COVID-19, chronic obstructive pulmonary disorder, among others. Based on end user, the market can be fragmented into hospitals, ambulatory centers, clinics, home settings and others. The hospitals segment is expected to dominate the market during the forecast years on account of the growing infections and other respiratory diseases around the globe.

Dragerwerk AG, Becton, Dickinson and Company, Braun & Company Ltd, Bio-Med Devices, Smith’s Group plc, Fisher & Paykel Healthcare Limited, Marcus Corporation, Teleflex Inc, C. R. Bard, Inc., General Electric Company, Flexicare Medical Ltd., Beijing Aeonmed Co., Ltd, Armstrong Medical Industries, Inc., WilMarc Medical, Hamilton Medical, Penlon Limited, Ace Medical Corporation, Fritz Stephan GmbH, Medec International BV, Triton Electronic Systems Ltd. and others are some of the leading players operating in global patient circuit market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.

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“North America is expected to dominate the patient circuit market during the forecast period owing to the growing number of patients with respiratory and sleep disorders in the region. Additionally, presence of major players in the region is expected to create lucrative opportunities for the growth of market over the next few years. Furthermore, technological advancements and their rapid adoption in the healthcare industry is further expected to positively impact the growth of market through 2025.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Patient Circuit Market By Type (Open, Closed, Semi-Closed), By Use (Single Use v/s Reusable), By Type of Ventilation (Manual v/s Mechanical), By Application (Anesthesia, Respiratory Dysfunction, Others), By End User (Hospitals, Ambulatory Centers, Clinics, Home Settings, Others), By Region, Forecast & Opportunities, 2025”, has evaluated the future growth potential of global patient circuit 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 patient circuit market.

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