REPORT HIGHLIGHT
Breathing System Filters Market size was valued at USD 360.7 Million in 2022, expanding at a CAGR of 7.7% from 2023 to 2030.
A breathing system filter is a piece of medical gear that helps to stop the spread of particles like bacteria in breathing systems. After the patient recovers from the effects of anesthetic, the device is reportedly attached to the laryngeal mask airway to give oxygen to the patient.
Breathing System Filters Market - Market Dynamics:
- Rising respiratory disease drives market growth
- The growing prevalence of respiratory diseases such as chronic obstructive pulmonary disease (COPD), asthma, pneumonia and others are expected to propel the market growth during the forecast period. For instance, according to the report published by Springer Nature in 2023, around 12% of the general population suffers from COPD worldwide. Currently, COPD is just behind cardiovascular diseases (CVDs) as the third leading cause of death worldwide, accounting for 3 million fatalities. Over the next 40 years, there should be an increase in the prevalence of COPD. Over 5.4 million people might die each year from COPD by the year 2060, according to estimates. Males and females both experience a comparable frequency of COPD and death. The overall yearly direct expenditures of COPD are projected to be around USD 41.1 billion in the European Union, making it one of the most expensive diseases. Thus, the aforementioned stats drive the market growth during the forecast period.
Breathing System Filters Market - Key Insights:
- As per the analysis shared by our research analyst, the global Breathing System Filters market is estimated to grow annually at a CAGR of around 7.7% over the forecast period (2023-2030)
- The Breathing System Filters industry is projected to grow at a significant rate owing to the growing prevalence of respiratory disease.
- Based on the product type, the pleated hydrophobic filters segment is expected to hold a significant market share over the forecast period.
- Based on region, North America is expected to dominate the market over the forecast period.
Breathing System Filters Market- Segmentation Analysis:
- The Global Breathing System Filters Market is segmented based on category, product type, application and Region.
- Based on the product type, the global Breathing System Filters market is segmented into mechanical filters, pleated hydrophobic filters, and electrostatic filters. The pleated hydrophobic filters segment is expected to hold a significant market share over the forecast period. The growth in the segment is attributed to the rising popularity of pleated hydrophobic filters, which outperform electrostatic filters in terms of gas-borne filtering efficacy. In addition, the product stops transmission that is carried on liquids.
Breathing System Filters Market- Geographical Insights
Geographically, this market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business. North America is expected to dominate the market during the forecast period. The market growth in the region is attributed to the growing prevalence of respiratory disease along with rising geriatric populations. For instance, according to the 2020 Census, the U.S. population aged 65 and over increased approximately five times more quickly than the general population during the span of a century, from 1920 to 2020. In 2020, there were 55.8 million Americans aged 65 and over, or 16.8% of the total population.
Breathing System Filters Market- Competitive Landscape:
The key players operating in the market are: Cummins Inc., Camfil, The 3M Company, Pharma Systems, MANN+HUMMEL, Teleflex Inc., MayAir Group, Flexicare Limited, PARKER HANNIFIN CORP, Intersurgical Limited, Dragerwerk AG & Co. KGaA, Resideo Technologies Inc., Pall Corporation, DAIKIN INDUSTRIES Ltd., GE Healthcare, Medtronic Corporation and Honeywell International Inc.
Recent Developments:
In November 2022, a few breathing circuit bacterial filters were recalled by Teleflex Inc., a company in the United States that makes specialty medical equipment. These filters reportedly have breathing systems attached to them in hospital operating rooms and intensive care units. They provide patients with a defense against airborne impurities. Additionally, the U.S. FDA informed the company to recall the devices after receiving several complaints about the product's injury and desaturation. Nearly 60,000 pieces of equipment made between December 17, 2019, and March 26, 2022, were among the recalled goods.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL BREATHING SYSTEM FILTERS MARKET KEY PLAYERS
- Cummins Inc.
- Camfil
- The 3M Company
- Pharma Systems
- MANN+HUMMEL
- Teleflex Inc.
- MayAir Group
- Flexicare Limited
- PARKER HANNIFIN CORP
- Intersurgical Limited
- Dragerwerk AG & Co. KGaA
- Resideo Technologies Inc.
- Pall Corporation
- DAIKIN INDUSTRIES Ltd.
- GE Healthcare
- Medtronic Corporation
- Honeywell International Inc.
GLOBAL BREATHING SYSTEM FILTERS MARKET, BY CATEGORY
- Adult Type
- Infantile Type
- Pediatric Type
GLOBAL BREATHING SYSTEM FILTERS MARKET, BY PRODUCT TYPE
- Mechanical Filters
- Pleated Hydrophobic Filters
- Electrostatic Filters
GLOBAL BREATHING SYSTEM FILTERS MARKET, BY APPLICATION
GLOBAL BREATHING SYSTEM FILTERS MARKET, BY REGION
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Australia
- Thailand
- Indonesia
- Philippines
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Israel
- Turkey
- Algeria
- Egypt
- Rest of MEA