Respiratory Humidifying Equipment Market Size, Trends [2031]
Respiratory Humidifying Equipment Market Size, Trends [2031]
Segments - Respiratory Humidifying Equipment Market By Types (Active Respiratory Humidification and Passive Respiratory Humidification), Applications (Hospitals and Homecare), Sales Channels (Direct Channel and Distribution Channel), and By Regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, And Forecast, 2023-2031
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| Report ID :HC-3944
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| 154 Pages
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Report Description
The global respiratory humidifying equipment market size was valued at USD 1000.82 Million in 2022 and is expected to surpass USD 1871.15 Million by 2031, expanding at a CAGR of 7.2% during the forecast period, 2023–2031.
Respiratory humidification is the process of artificially warming, purifying, and humidifying respiratory gas. When natural humidification fails, the lung tissues begin to deteriorate, owing to organ dryness.
Respiratory humidification is performed for mechanically ventilated patients in this way. Artificial respiration causes the epithelial mucus layer to thicken in a short period of time, limiting ciliary action inside the nose.
The humidification process compensates for the loss of heat and moisture, preventing such difficulties. To maintain mucociliary clearance for a long time, humid air is given to the nasal mucosa at 37 degrees Celsius (room temperature) with an adjusted 100 percent relative humidity.
Scope of Respiratory Humidifying Equipment Market Report
The report on the global respiratory humidifying equipment market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
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Attributes |
Details |
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Report Title |
Respiratory Humidifying Equipment Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016 - 2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Types (Active Respiratory Humidification and Passive Respiratory Humidification), Applications (Hospitals and Homecare), Sales Channels (Direct Channel and Distribution Channel) |
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Regional Scope |
Asia Pacific, North America, Europe, Latin America, and Middle East & Africa |
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Report Coverage |
Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast |
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Key Players Covered |
Fisher & Paykel Healthcare Corporation Limited, Teleflex Incorporated, Intersurgical Inc, Flexicare (Group) Limited, Vapotherm, WILAmed GmbH, Hamilton Medical, ARMSTRONG MEDICAL, and Breas Medical |
Respiratory Humidifying Equipment Market Drivers, Restraints, and Opportunities
Drivers
The value of the global market for respiratory humidification has been steadily increasing. The effectiveness of respiratory humidification solutions in reducing the need for invasive therapies and other difficult interventions in patients is driving its demand, resulting in high growth of the market.
The market is expected to develop rapidly in the future, as customers become aware of the benefits and convenience of use of these devices by patients of all ages. In the medical and healthcare industries, respiratory humidification solutions are used to provide warm moisture and breathing gas to patients, particularly infants.
High flow humidification therapy (HfT), an emergent therapy employing high flow humidifiers, is registering widespread adoption among medical professionals for the treatment of patients with a variety of respiratory illnesses. As a result, the global respiratory humidifying equipment market has grown significantly.
These treatments help patients breathe easily and boost the amount of oxygen in their blood, which is expected to raise the demand for these products around the world in the coming years. The competitive landscape of the global respiratory humidification market is characterised by the presence of a large pool of companies, which is projected to intensify over the next few years.
Restraints
During the forecast period, strict government regulations and the damage to the nasal mucosa caused by the invasive technique are projected to restrain the respiratory humidifiers market.
Opportunity
The respiratory humidifying equipment market is expected to be driven by rising demand for neonatal care products and increasing global geriatric population during the forecast period.
Covid-19 Analysis of Respiratory Humidifying Equipment Market
Over the previous two years, almost every industry in the world suffered a setback. This is ascribed to severe disruptions in their respective manufacturing and supply-chain operations as a result of various precautionary lockdowns and other limitations imposed by governments all over the world. The same is applied for the global respiratory humidifying equipment market.
Furthermore, consumer demand decreased, as people are now focused on removing non-essential expenses from their budgets, as the general economic situation of most people has been negatively affected by the outbreak.
Over the forecast period, the aforementioned factors are likely to weigh on the revenue trajectory of the global respiratory humidifying equipment market. The global respiratory humidifying equipment market is likely to revive, as respective government agencies begin to relax the enforced lockdowns.
Respiratory Humidifying Equipment Market Segment Insights
Types Segment Analysis
Based on types, the market is segmented as active respiratory humidification and passive respiratory humidification. The active respiratory humidification segment held a large market share. In comparison to passive respiratory humidification, it provides the suggested criteria and allows gas and easily drainable emissions.
Applications Segment Analysis
On the basis of applications, the market is segmented into hospitals and homecare. With a large market share, the hospitals segment leads the market. The hospitals sub-segment is leading the market, due to good treatment and the availability of trained doctors in hospitals.
Sales Channels Segment Analysis
In terms of sales channels, the market is segmented into direct channel and distribution channel. The direct channel sub-segment holds a large market share. Direct channel includes the provision of safe, high-quality items that help to build a trust connection between suppliers and customers over time. As a result, this sub-segment drives the market.
Regional Analysis
Based on regions, the market is split into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The market in North America maintained a significant market share in 2019, due to the introduction of intrusive humidifiers that are easy to operate and change the temperature according to recommendations.
Introduction of invasive humidifiers to the market, which control the temperature and humidity of gas according to the needs of patients, resulted in large revenue in North America. The epithelial layer of the nasal mucosa is damaged by the insufficiently warmed-up air provided by standard humidifiers, which does not convey enough moisture particles.
It is a primary element driving the respiratory humidifier market in Asia Pacific. Increased incidence of mucociliary impairment in neonates is expected to drive the market in North America over the forecast period.
Segments
Types
- Active Respiratory Humidification
- Passive Respiratory Humidification
Applications
- Hospitals
- Homecare
Sales Channels
- Direct Channel
- Distribution Channel
Regions
- North America
- Europe
- Latin America
- Asia Pacific
- Middle East & Africa
Key Players
- Fisher & Paykel Healthcare Corporation Limited
- Teleflex Incorporated
- Intersurgical Inc
- Flexicare (Group) Limited
- Vapotherm
- WILAmed GmbH
- Hamilton Medical
- ARMSTRONG MEDICAL
- Breas Medical
Competitive Landscape
The major players in the market are Fisher & Paykel Healthcare Corporation Limited, Teleflex Incorporated, Intersurgical Inc, Flexicare (Group) Limited, Vapotherm, WILAmed GmbH, Hamilton Medical, ARMSTRONG MEDICAL, and Breas Medical.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Respiratory Humidifying Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Respiratory Humidifying Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Respiratory Humidifying Equipment Market - Supply Chain
4.5. Global Respiratory Humidifying Equipment Market Forecast
4.5.1. Respiratory Humidifying Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Respiratory Humidifying Equipment Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Respiratory Humidifying Equipment Market Absolute $ Opportunity
5. Global Respiratory Humidifying Equipment Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Respiratory Humidifying Equipment Market Size and Volume Forecast by Types
5.3.1. Active Respiratory Humidification
5.3.2. Passive Respiratory Humidification
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Respiratory Humidifying Equipment Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Respiratory Humidifying Equipment Market Size and Volume Forecast by Applications
6.3.1. Hospitals
6.3.2. Homecare
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Respiratory Humidifying Equipment Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Respiratory Humidifying Equipment Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Respiratory Humidifying Equipment Demand Share Forecast, 2019-2026
8. North America Respiratory Humidifying Equipment Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Respiratory Humidifying Equipment Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Respiratory Humidifying Equipment Market Size and Volume Forecast by Types
8.4.1. Active Respiratory Humidification
8.4.2. Passive Respiratory Humidification
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Respiratory Humidifying Equipment Market Size and Volume Forecast by Applications
8.7.1. Hospitals
8.7.2. Homecare
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Respiratory Humidifying Equipment Demand Share Forecast, 2019-2026
9. Latin America Respiratory Humidifying Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Respiratory Humidifying Equipment Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Respiratory Humidifying Equipment Market Size and Volume Forecast by Types
9.4.1. Active Respiratory Humidification
9.4.2. Passive Respiratory Humidification
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Respiratory Humidifying Equipment Market Size and Volume Forecast by Applications
9.7.1. Hospitals
9.7.2. Homecare
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Respiratory Humidifying Equipment Demand Share Forecast, 2019-2026
10. Europe Respiratory Humidifying Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Respiratory Humidifying Equipment Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Respiratory Humidifying Equipment Market Size and Volume Forecast by Types
10.4.1. Active Respiratory Humidification
10.4.2. Passive Respiratory Humidification
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Respiratory Humidifying Equipment Market Size and Volume Forecast by Applications
10.7.1. Hospitals
10.7.2. Homecare
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Respiratory Humidifying Equipment Demand Share Forecast, 2019-2026
11. Asia Pacific Respiratory Humidifying Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Respiratory Humidifying Equipment Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Respiratory Humidifying Equipment Market Size and Volume Forecast by Types
11.4.1. Active Respiratory Humidification
11.4.2. Passive Respiratory Humidification
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Respiratory Humidifying Equipment Market Size and Volume Forecast by Applications
11.7.1. Hospitals
11.7.2. Homecare
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Respiratory Humidifying Equipment Demand Share Forecast, 2019-2026
12. Middle East & Africa Respiratory Humidifying Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Respiratory Humidifying Equipment Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Respiratory Humidifying Equipment Market Size and Volume Forecast by Types
12.4.1. Active Respiratory Humidification
12.4.2. Passive Respiratory Humidification
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Respiratory Humidifying Equipment Market Size and Volume Forecast by Applications
12.7.1. Hospitals
12.7.2. Homecare
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Respiratory Humidifying Equipment Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Respiratory Humidifying Equipment Market: Market Share Analysis
13.2. Respiratory Humidifying Equipment Distributors and Customers
13.3. Respiratory Humidifying Equipment Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Fisher & Paykel Healthcare Corporation Limited
13.4.2. Teleflex Incorporated
13.4.3. Intersurgical Inc
13.4.4. Flexicare (Group) Limited
13.4.5. Vapotherm
13.4.6. WILAmed GmbH
13.4.7. Hamilton Medical
Methodology
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