Respiratory Disposable Market (By Product: Laryngoscope, Tubes, Breathing Bag, Masks, Resuscitator, Others; By Patient Group: Neonatal & Pediatric, Adult, Geriatric; By End User: Hospitals, Nursing Homes, & Clinics, Trauma Centers, Homecare; By Application: Pharmaceuticals, Food & beverages, Cosmetics, Automobiles, Metals, Chemical Companies, Health Sectors, Power generation, Oil and gases and other)- Global Industry Analysis, Share, Growth, Regional Outlook and Forecasts, 2022-2030

The global Respiratory Disposable market size was estimated at USD 1.53 billion in 2021 and is expected to surpass around USD 4.57 billion by 2030 and poised to grow at a compound annual growth rate (CAGR) of 12.93% during the forecast period 2022 to 2030.

Key Takeaways:

  • Asia-Pacific region is anticipated to register growth at a CAGR of 10.5% from 2022 to 2030.
  • By product, the resuscitator segment dominated the market with highest revenue share in 2021.
  • North America region has reached revenue share of 41.6% in 2021.

 Respiratory disposables are consumables that are used to interface respiratory devices with patients, such as ventilators, nebulizers, and oxygen therapy devices. Respiratory disposables include disposable resuscitators, disposable oxygen masks, disposable tubes, and other or accessories. These products are disposables that can be cast-off after the deterioration of the material and can no longer be used. 

The growth of the global respiratory disposables market is majorly driven by increase in risk of cross-contamination in infectious diseases, especially communicable lung disease.

In addition, the steep increase in smoking by individuals is likely to increase the prevalence of respiratory disorders, which, in turn, is anticipated to contribute toward the market growth in the coming years. The increased exposure to toxic materials such as pollutants and harmful particulate matters is further expected to propel the growth of the industry in the next few years. Moreover, upsurge in prevalence of respiratory diseases worldwide is anticipated to help the market gain traction in the coming years. Furthermore, adverse climate conditions and rise in air pollution are directly affecting the respiratory tract and causing distress in normal breathing. This eventually is increasing the incidence of respiratory diseases such as asthma, lung cancer, chronic obstructive pulmonary disease (COPD), and obstructive sleep apnea (OSA), which boost the demand for respiratory disposables.

However, implementation of stringent regulations related to the use of respiratory disposables hampers the growth of the respiratory disposables market. On the contrary, increase in advent of viruses that are causing respiratory disorders is projected to offer remunerative opportunity for the expansion of the global market during the forecast period.

The World Health Organization (WHO) on January 30, 2021 declared COVID-19 outbreak a public health emergency of international concern. COVID-19 has affected around 210 countries across the globe. The demand for respiratory disposables increased exponentially, owing to the outbreak of the coronavirus affecting the respiratory tract. For instance, medical professionals have increased the usage of nasal cannulas for the administration of drugs to combat COVID-19.

Report Scope of the Respiratory Disposable Market

Report Coverage

Details

Market Size in 2022

USD 1.73 Billion

Market Size by 2030

USD 4.57 Billion

Growth Rate from 2022 to 2030

CAGR of 12.93%

Base Year

2021

Forecast Period

2022 to 2030

Segments Covered

Product, Patient Group, End User, Application, Geography

Companies Mentioned

Fisher and Paykel Healthcare, Smith Group (Smith Medical Inc.), Hamilton Medical AG, Getinge AB, Invacare Corporation, Masimo Corporation, Medtronic Plc., Dragerwerk AG and CO. KGAA, Air liquid S.A, Chart Industries

 

Product Insights

Due to increased demand has increased the revenue market share and imposed standardized guidelines for the development and manufacturing with increased research and development and improved advanced technologies and strategies adopted for the manufacturing and the output of the good productivity and quality of the product and uniformity of manufacturing companies and fulfilling’s the requirement of the market has boosted the respiratory disposable market growth.

Application Insights

On the basis of application respiratory disposable market has wide utilization in various fields. Majorly respiratory devices are used in the hospitals, by the patients with infected disease like asthma, obstructive pulmonary disease, lung cancer and many other respiratory infections used by the doctors in the hospitals during operations and the surgeries performed which has increased the market growth. Usage of the respiratory devices in industries such as food and beverages, pharmaceutical industries, chemical companies, oil and gases, power generation, metals and mining, automobile industries and many more. The development of various new advance technologies has gained the attention of the market and increased growth during the forecast period. Health sector has considerably shown rising peak and increasing economy.

Distribution Channel Insights

Improved developments of respiratory devices has flawlessly improved the market growth due to increasing demands across the regions. Increasing respiratory disorders among the population has increased the usage of respiratory disposable in the hospitals and among the patients. Usage of the product like laryngoscope, pulse oximeters, breathing bags, tubes, resuscitators, oxygen therapy, masks and many more. It is also used in various companies and industries such as chemical, pharmaceutical industries, metals, oil and gas, power generation, automobile industries and others with improved advance technology helped the market to grow.

Some of the prominent players in the Respiratory Disposable Market include:

  • Fisher and Paykel Healthcare
  • Smith Group (Smith Medical Inc.)
  • Hamilton Medical AG
  • Getinge AB
  • Invacare Corporation
  • Masimo Corporation
  • Medtronic Plc.
  • Dragerwerk AG and CO. KGAA
  • Air liquid S.A
  • Chart Industries

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Nova one advisor, Inc. has segmented the global Respiratory Disposable market

By Product

  • Laryngoscope
  • Tubes
  • Breathing Bag
  • Masks
  • Resuscitator
  • Others

By Patient Group 

  • Neonatal & Pediatric
  • Adult 
  • Geriatric

By End User 

  • Hospitals, Nursing Homes, & Clinics
  • Trauma Centers
  • Homecare

By Application

  • Pharmaceuticals
  • Food & beverages
  • Cosmetics
  • Automobiles
  • Metals
  • Chemical Companies
  • Health Sectors
  • Power generation
  • Oil and gases and other

By Geography

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • United Kingdom
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Southeast Asia
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Rest of Latin America

Middle East & Africa (MEA)

  • GCC
  • North Africa
  • South Africa
  • Rest of Middle East & Africa

Key Benefits for Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the global Respiratory Disposable industry analysis from 2022 to 2030 to identify the prevailing Respiratory Disposable industry opportunity.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the global Respiratory Disposable industry segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global Respiratory Disposable industry trends, key players, market segments, application areas, and market growth strategies.