Breathing Circuits Market

Breathing Circuits Market: Hospitals to Dominate the Global Market in Terms of Revenue: Global Industry Analysis (2012 - 2016) and Opportunity Assessment (2017 - 2022)

  • 2017-11-24
  • REP-GB-1935
  • 170 pages
  • PDF PPT EXCEL
Breathing Circuits Market

An Incisive, In-depth Analysis on the Breathing Circuits Market

This study offers a comprehensive, 360 degree analysis on the Breathing Circuits market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Breathing Circuits market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Growing prevalence of chronic inflammation due to smoking continues to increase demand for breathing circuits globally. Demand for the breathing circuits is also bound to growing prevalence of asthma, chronic coughing and bronchial cancer. According to CDC, 18.4 million adults aged 18 years and above that is 7.6% of adults who are suffering from asthma. Prevalence of these diseases has led to an upsurge in demand for deep breathing. The breathing circuits supplies the anesthetic gases and oxygen eliminating CO2. This device acts as a reservoir of gases that protects the patient from the excessive pressure within the breathing system.

According to Future Market Insights, the global breathing circuits market is expected to represent a value of over US$ 10,000 Mn by the end of 2022.

Market Taxonomy

Region

Product Type

End User

Application

  • North America

  • Open Breathing Circuits

  • Hospitals

  • Anesthesia

  • Latin America

  • Semi Open Breathing Circuits

  • Ambulatory Surgical Centers

  • Respiratory Dysfunction

  • Europe

  • Closed Breathing Circuits

  • Clinics

  • Other Applications

  • Japan

 

  • Home Care Settings

 

  • APEJ

 

 

 

  • MEA

 

 

 

(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

Advanced Features to Underscore Lucrative Opportunities

Manufacturers in the global breathing circuits market are focusing on incorporating the moisture filters and innovative heat, face masks and tubes in order to ensure that the patients receive ideal comfort and care. Increasing number of emergency cases in the hospitals continue to boost sales of the breathing circuits in the healthcare industry. As these devices reduce the risk of contamination from environment, the breathing circuits are increasingly used for the purpose of delivering drugs to the old age, infants and children. Moreover, growing prevalence of barotrauma has also contribute towards growth of the global breathing circuits market positively.

Complexities in Device to Inhibit Demand

While breathing circuits continue to be used increasingly in the hospitals, clinics, ambulatory surgical centers and home care settings, various factors are expected to inhibit growth of the global breathing circuits market. Unidirectional valves and increasing absorption of carbon di oxide can lead to resistance to breathe. Moreover, various complexities in operating the breathing circuits continues to pose significant challenges. Patients increasingly prefer practicing yoga to improve their health related issues such as bronchial cancer, asthma and chronic coughing. Bound to these factors, the global breathing circuits market is expected to witness inhibiting growth during the forecast period.

Open breathing Circuit Products to Represent a Leading Segment

With the growing prevalence of the asthma and other breathing problems, demand for the open breathing circuits will continue to increase. On the basis of product type, the open breathing circuit segment is expected to witness significant revenue growth, accounting for a value of over US$ 2,000 Mn by the end of 2022. In contrary to this, the semi open breathing circuits segment is expected to register the highest CAGR during the forecast period.

Based on end users, the hospitals segment is expected to witness the highest revenue growth, recording a value of over US$ 2,000 Mn by the end of 2017. The hospitals end users segment is expected to register a robust CAGR through 2022.

By application, the anesthesia segment is expected to witness robust revenue growth, accounting for a value of over US$ 2,000 Mn by the end of 2022. However, the respiratory dysfunction application segment is expected to register a healthy CAGR during the forecast period.

Competition Tracking

Leading market players operating in the global breathing circuits market include Ambu A/S, C. R. Bard, Inc., Altera Corp., Armstrong Medical Industries, Inc., Becton, Dickinson and Company, Beijing Aeonmed Co., Ltd., Bio-Med Devices, Fisher & Paykel Healthcare Corporation Limited, Dragerwerk AG & Co. KGaA, Flexicare Medical Ltd., Smiths Group plc, General Electric Company and Teleflex Incorporated.

Global Breathing Circuits Market: Overview

The global breathing circuits market is expected to witness a sluggish growth attributed to complex functioning of the devices. As the breathing circuit devices are equipped with unidirectional valves, patients resist breathing through the breathing circuit devices. Moreover, increasing absorption of carbon di oxide is expected to impact adoption of the breathing circuit devices in the global market. However, growing prevalence of diseases such as asthma and bronchial cancer continues to contribute towards growth of the global breathing circuits market.

The report offers in-depth insight on the important aspects of the global breathing circuits market and provides information on the growth patterns, important segments, factors fuelling growth of the global market and competitive landscape.

Global Breathing Circuits Market: Dynamics

Growth of the global breathing circuits market is mainly bound to various macro-economic and micro-economic factors. The report reveals that the global breathing circuits market is mainly driven by the growing prevalence of diseases such as asthma, bronchial cancer and chronic coughing. A recent report by CDC reveals that 18.4 million and 7.6% of the adults that fall in the age bracket of 18 years and above are suffering from asthma. Growing prevalence of breathing disorders such as asthma has led to an upsurge in demand for deep breathing. As the breathing circuits are equipped with innovative tubes, face masks and heat along with moisture filters, adoption of the breathing circuits is likely to remain positive.

The breathing circuits are also increasingly used for delivering drugs in the emergency cases in the healthcare industry. With the increasing number of emergency cases, sales of the breathing circuit devices will continue to rev up in the global market. Surge in demand for providing drug inhalation to the infants, children and old aged people during the emergency cases will continue to impact growth of the global breathing circuits market positively. However, complicated operating of the breathing devices and unidirectional valves can lead to resistance to breath among patients. Bound to these factors, the global breathing circuits market is expected to witness inhibiting growth.

Global Breathing Circuits Market: Segmentation

The global breathing circuits market is segmented on the basis of product type, end users, application and regions. Based on the product type, the global market is segmented as open breathing circuits, semi open breathing circuits and closed breathing circuits. On the basis of end users, the global market is segmented into hospitals, ambulatory surgical centers, home care settings and clinics. By application, the global market is segmented as anesthesia, respiratory dysfunction and other applications. Based on region, the global market is segmented as North America, Latin America, Europe, Japan, APEJ and MEA.

Global Breathing Circuits Market: Competition

Key players operating in the global breathing circuits market are Altera Corp., Ambu A/S, C. R. Bard, Inc., Beijing Aeonmed Co., Ltd., Armstrong Medical Industries, Inc., Becton, Dickinson and Company Dragerwerk AG & Co. KGaA, Bio-Med Devices, Smiths Group plc, Fisher & Paykel Healthcare Corporation Limited, Teleflex Incorporated, Flexicare Medical Ltd. and General Electric Company.

Breathing Circuits Market Reports - Table of Contents

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