PUBLISHER: DataM Intelligence | PRODUCT CODE: 1345406
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1345406
Global Breathing Circuits Market reached US$ 1.2 billion in 2022 and is expected to reach US$ 1.7 billion by 2030, growing with a CAGR of 4.4% during the forecast period 2023-2030.
The desirable characteristics of a breathing circuit include low resistance to gas flow, minimal rebreathing of the preceding exhaled gases, removal of carbon dioxide at the rate at which it is produced, rapid changes in delivered gas composition when required, warmed humidification of the inspired gases, and safe disposal of waste gases.
The history of the development of breathing circuits parallels advancements in anaesthetic agents and techniques. Modern breathing circuits can be classified according to characteristics such as carbon dioxide absorption, valve position, and the use of diluting fresh gases. The components of the breathing circuit include the tubing, valves, reservoir bag, connectors, and delivery assemblies such as the modern volume reflector.
Furthermore, the global breathing circuit is driven by various factors, like several key players are expanding their manufacturing facilities across the globe owing to a favourable regulatory environment and an ever, increasing population suffering from chronic ailments. The rising incidence of respiratory dysfunctions is also set to push the demand for breathing circuits.
Increased prevalence of respiratory disease is one the key driver that helps the market to grow during the forecast period. Since rising in respiratory diseases, the need of ventilation is required according to the disease range indeed usage of breathing circuits is needed which indeed will increase the market growth.
For instance, according to the Centres for Disease Control and Prevention COPD affects an estimated 200 Billion people, with 3.2 Billion dying each year, making it the third-leading cause of mortality globally.
Asthma is one of the most common noncommunicable illnesses, impacting 262 Billion people worldwide. With almost 2.2 Billion new instances of lung cancer expected in 2022 and 1.80 Billion fatalities, lung cancer accounts for one in every four cancer deaths worldwide. Lower respiratory tract infection or pneumonia is a prominent cause of death, accounting for more than 2.4 Billion fatalities each year, primarily in low and middle-income countries (LMICs). COVID-19 has significantly increased pneumonia fatalities worldwide.
Technological advancements in breathing circuits are one of the key factors that help the market to grow during the forecast period. Several advancements have happened in anaesthesia care recently, like Direct Injection of Volatile Anesthetics, Anesthetic Agent Conserving devices, Infrared Low-Cost analyzers, and Closed-Circuit Anesthesia.
Closed-circuit systems have become the newest improvement to anaesthesia delivery systems. These systems function by matching both the oxygen and anaesthetic agent consumption of the patient, as opposed to previous methods of having a constant low fresh gas flow and scavenging system for wasted gas.
The rise in the prevalence of obstructive sleep apnea is the driver that helps the market to accelerate during the forecast period. For instance, according to the American Sleep apnea Association Sleep apnea is prevalent in as many as 18 Billion Americans alone. This statistic denotes that approximately 1 in every 15 Americans, or 6.62% of the total American population have a case of sleep apnea. Research conducted at the University of California's San Diego campus studied 54 African Americans and 346 Caucasians for the presence of sleep apnea.
The results showed that a full 17 per cent of African American test subjects had a case of obstructive sleep apnea present, compared to 8 per cent of the Caucasian subjects. This denotes a hypothesis that African Americans stand an increased risk of obstructive sleep apnea. Two to four per cent of all Americans have an undiagnosed case of sleep apnea. This accounts for approximately 1 in 50 individuals being undiagnosed.
Increase demand for breathing circuits in ICUs is one of the key factors that helps the market to grow during the forecast period. Breathing circuits are used in intensive care units to assist patients with their respiratory processes. These circuits are connected to mechanical ventilators, which are used to supply oxygen to the patient and remove carbon dioxide. The breathing circuit's objective is to provide the patient with a regulated and secure gas flow while preventing infection by collecting any exhaled air or moisture before it reaches the ventilator. Hence The breathing circuit allows oxygen-rich air to be delivered to the patient's lungs while also removing carbon dioxide.
Product recall is one of the factors that hamper the market growth during the forecast period. For instance, in May 2023 Draeger Medical recalled the Seattle PAP Plus as well as VentStar and other breathing circuit/anaesthesia kits after finding that glued connections may loosen before or during ventilation due to a manufacturing error. Partial or complete detachment of components including the water trap, y-piece, or hose connector, may occur as a result.
Loosening or detachment of these parts can interrupt the breathing circuit and may cause severe injury including lack of oxygen (hypoxia) or death. The risk of injury or death is especially great for critically ill patients including newborns (neonates). Thus the above factor will restrict the market from growing during the forecast period.
Also, while the use of breathing circuits in hospitals, clinics, ambulatory surgery centres and home care settings continues to expand, several issues are expected to restrain the expansion of the market globally. Patients may experience breathing difficulty due to unidirectional valves and increasing absorption of carbon dioxide.
The global breathing circuits market is segmented based on product type, application, end user and region.
The hospitals segment from the end user segment accounted for 43.1% and it is expected to be dominated during the forecast period. Hospitals are anticipated to increasingly install breathing circuits owing to a rising number of agreements with several distributors, including local and regional firms. Moreover, the presence of advanced tertiary care settings in many countries is set to aid growth. Hospitals nowadays are also striving to provide comprehensive care to patients to push the adoption of breathing circuits globally, which would drive the segment.
For instance, in December 2022, ABM Respiratory Care, a medical technology company focused on developing and globally commercializing novel integrated airway clearance and ventilation solutions, announced the U.S. Food and Drug Administration (FDA) 510(k) clearance of the BiWaze Clear System. This new airway clearance system helps patients clear their airways as well as prevent or treat atelectasis by using Oscillating Lung Expansion (OLE) therapy. BiWaze® Clear can be used to treat both acute and chronic respiratory conditions in the hospital, long-term care and home environments.
North America is estimated to hold about 37.9% of the total market share throughout the forecast period, owing to the significant presence of major market players, flourishing healthcare facilities and increasing hospitalization rates for patients with respiratory diseases.
For instance, in October 2022 Medtronic plc a global leader in healthcare technology stated that company separated its combined patient monitoring and respiratory interventions businesses ("NewCo"), which are part of the company's Medical Surgical Portfolio previously. The Respiratory Interventions technology portfolio includes Puritan Bennett ventilators, Shiley airway portfolio, McGrath MAC video laryngoscopy, DAR breathing systems, as well as PAV+, NIV+ and IE Sync ventilation software solutions designed to improve workflow and care delivery.
Furthermore, in October 2021, ARMSTRONG MEDICAL launched Aqua VENT VT heated ventilator breathing circuits. These breathing circuits are used in critical care settings for mechanical life support ventilation and have been engineered to maintain humidity within the breathing circuits in a simple manner.
The major global players in the market include: 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 and among others.
The COVID-19 epidemic has impacted the economies of diverse countries throughout the world in three ways: directly influencing output and demand; disrupting distribution systems; and having a financial impact on corporations and financial markets. Several nations, including Thailand, Indonesia, and Singapore, are experiencing transportation and distribution issues for healthcare items.
During the COVID-19 pandemic, there was an upsurge in demand for ventilators due to their usage in COVID-19 treatment, however, there was a scarcity of ventilators. For instance, on August 26, 2022, the United States Food and Drug Administration (FDA) issued an update about a medical equipment shortage caused by the COVID-19 pandemic. The device shortage list included categories such as dialysis-related items, personal protective equipment, testing supplies and equipment, and ventilation-related products.
Overall, the global breathing circuit market has significant growth in future due to many factors Demand for breathing circuits will remain robust, offsetting any industry margin compression. Several key players are expanding their manufacturing facilities across the globe owing to a favourable regulatory environment and an ever, increasing population suffering from chronic ailments. The rising incidence of respiratory dysfunctions is also set to push the demand for breathing circuits. Hence also in the future upcoming innovations in the ventilation system and a rise in research and development will help the breathing circuit market to accelerate in future with utmost advancements.
The global breathing circuits market report would provide approximately 61 tables, 58 figures and 186 Pages.
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